Episode Run Time: 00:43:25
www.noobiedentist.com
@noobiedentist
Intro
Today I talk to Glen Stewart, who has been working in finance for 21 years. Originally from Ireland, he came to Australia and landed in the retail and property markets. For the past ten years, Stewart has been working in the medical finance space and is currently head of credit at Credabl.
In this interview, we talk about good and bad debt, how to buy a practice, and when to buy a house, car, or a practice. We also tackle how your credit scores are calculated and why it's essential to consult a specialist lender rather than your local bank.
Guest Details
Social Media
Time Stamps
[00:05:20] Glen Stewart's origin story
[00:07:19] Glen's main area of expertise
[00:09:04 A borrower's main selling point when approaching lenders
[00:13:05] Benefits of taking on debt
[00:15:30] The link between low-interest rates and debt taking
[00:18:42] Factors that make or break debt applications
[00:22:55] Average start-up cost to set up a practice in most cities
[00:23:50] A lender's approach to financing start-ups
[00:25:28] Factors that influence the success rate of start-up practices
[00:27:10] Buying an established practice versus starting from scratch
[00:30:10] Corporate interference during practice ownership
[00:32:49] Dental practice success stories
[00:37:30] Defining credit scores
[00:42:17] Glen's message to you about debt
Podcast Details
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Website: http://www.noobiedentist.com
Instagram: @noobiedentist
Sponsor Details
This episode of Noobie Podcast has been proudly supported by specialist medical lender Credabl. If you need finance, be it for your personal or professional needs, the team at Credabl know the drill. From home loans and car loans to equipment and fitout loans or commercial property and practice purchases, the finance specialists at Credabl will provide a tailored solution for you.
To find out more, visit www.credabl.com.au
Conclusion
Were you inspired by Glen Stewart? Are you thinking of opening a practice? We would love to hear your thoughts!
Remember to subscribe for more content!
NDP Episode 29: Talking Implants with Dr. Ivan Chicchon (@Implant_Ninja)
NDP Episode 28: Dental Materials, Adhesive Dentistry and Biofilms with Dr. Ryan Nolan
NDP Episode 27: Talking Oral Surgery with Dr. Ben Johnson (@PNWOMS)
NDP Episode 26: When good enough is not enough with Dr. Brian Baliwas (@sfdentalnerd)
NDP Episode 25: Pathways to Comprehensive Dentistry with Dr. Keerti (@drkeertienso)
NDP Episode 24: The Millennial Dentist with Dr. Sully Sullivan
NDP Episode 23: Peer to Peer with Military Dentist Dr. Kevin Lassiter
NDP Episode 22: Endo 101 with Endodontist Dr. Stephanie Tran
NDP Episode 21: Journey of an Internationally Trained Dentist and Dental Nerd out Session with Dr. Rahul Shah
NDP Episode 20: Roadmap to Winning in Life and Dentistry with Dr. Todd Snyder
NDP Episode 19 – Dentures and Practising Outside the Box with Dr. Ryan “2 Chairz” McCall
NDP Episode 18: Money Woes and Student Loans with D4 Student Pejman Moghbeli
NDP Episode 17: How to find and Utilise Mentorship to Practice the way you want to Practice with Dr. Ali Saad (@CosmeticDentist_)
NDP Episode 16 - Road to success as a young associate dentist with Dr J Cho
NDP Episode 15: TMD, Night Guards and Ortho Rapid Fire Dr. Bruce V Freeman (Part 2 of 2)
NDP Episode 14: Life outside of dentistry with Dr. Bruce Freeman (Part 1 of 2)
NDP Episode 13: Stay Passionate, Stay Driven with D4 Student Luke Shapiro (@FutureDentists)
NDP Episode 12: Talking Prosthodontics with Dr. Raelene Sambrook
NDP Episode 11 - Case Acceptance and Practicing Efficiently with the Relaxed Dentist Dr. Mark Hassed
NDP Episode 10: Dentistry, yoga, side hustles and vision boards with Dr. Jeni Perna
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