Transition Talk is a podcast about dental practice transitions. NDP managing partners Charles Loretto and Christy Ratcliff combine their expertise to provide guidance and tips and share real-life scenarios revolving around dental practice transitions. Originally created to help dental professionals navigate the sometimes-messy path to practice ownership, the podcast has evolved to cover the full life cycle of a dental practice and the different types of transitions along the way, from buying ...
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We are the storytellers of Africa's energy transition, covering the perspectives of Financiers, Policymakers, and Operators dedicated to pushing the continent towards a sustainable energy future. The podcast is hosted by Olubunmi Olajide and produced by Chigozie Ubah. New episode every two weeks.
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The Earthbond Approach: Transforming Energy Access Through Innovation
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In this episode of The Energy Talk, we sit down with the CEO of Earthbond, Chidalu Onyenso, to explore the company’s innovative approach to solving Nigeria’s energy crisis through solar energy solutions tailored for SMEs. We explore Earthbond's mission, financing models, and the challenges of scaling renewable energy solutions in underserved region…
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TT Ep 119 - With a Little Help From Our Vendor Friends
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Running a successful practice is much more than the clinical work. To enhance your practice’s efficiency, it’s important to leverage dental-specific solutions to lift the weight of certain business responsibilities and save you money on supplies and services. Charles and Brett Pierce, ELITE Dental Alliance President and CEO, discuss what options ar…
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TT Ep 118 - Rewarding Doctor Moments
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Working alongside doctors through major milestones brings an abundance of rewarding moments. From witnessing their teachings come to life to seeing the full evolution of a dentist’s career, Christy and Charles reflect on gratifying memories from the past.NDP
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TT Ep 117 - The Associate’s Path Towards Ownership
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Many doctors begin their career by building experience as an associate. This stepping stone to practice ownership can help you gain insights to the decisions you’ll eventually face in your own practice. In this new episode, Christy and Charles discuss growing your clinical speed and productivity, building liquidity and several other action items to…
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TT Ep 116 - The Right Time for a Valuation
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Dental valuations are complex, and finding the right time to value a practice can be intricate in itself. There isn’t a universal timeframe, but the timing is incredibly unique to the buyer and seller’s specific situation. Christy and Charles walk through several scenarios, illustrating when it’s appropriate to value, when it’s not and the implicat…
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TT Ep 115 - Is Your Partnership Opportunity the Right Fit?
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Ensuring compatibility and laying out expectations early is key to getting your partnership started off on the right foot. From mentally, clinically and financially preparing yourself to understanding the other doctor’s vision, this episode dives into the groundwork needed to know if this is the right career and personal step for you.…
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Asset Financing: How Payhippo is making solar products affordable
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Dami Olawoye joins us as we explore his remarkable career as a finance veteran turned clean energy champion and his role in revolutionizing solar energy financing in Nigeria as the CEO of Payhippo. From a big four-chartered accountant to leading a startup, our guest shares how his organization has raised $5 million to tackle Nigeria's electricity c…
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TT Ep 114 - Questions to Ask Your Future Partner
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Just like dating, dental partnerships not only require a collaborative and cohesive dynamic, but it’s important to understand all of the details for a relationship to thrive. If a partnership opportunity is on the horizon for you, engaging in key conversations and asking the seller the right questions can build a foundation for success. This episod…
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The African Mini-Grid Program: Mobilizing Catalytic Finance Episode 2
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Subscribe to our Clean Energy Africa newsletter: https://mailchi.mp/dc168bd41a97/sign-up-hereRecorded live during the Energy Access Investment Forum in May, this 2 part mini-series covers the African Mini-Grid Program (AMP). The AMP is a USD 50 million country-led technical assistance program designed to stimulate the solar-battery mini-grids marke…
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TT Ep 113 - Top 10 (and Bottom 10) Questions to Ask Your Transition Advisor
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Knowing the right questions to ask is a powerful tool, especially when it comes to asking your dental transition advisor for insight and advice. Good questions can make conversations more productive, maximize your time and further your overall progress in your practice purchase or sale. Christy and Charles walk through the most productive questions…
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Investing Equity in African Infrastructure: InfraCo Africa’s $300M Journey
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Subscribe to our Clean Energy Africa newsletter: https://mailchi.mp/dc168bd41a97/sign-up-here InfraCo Africa is one of the few financiers that provides equity investments in large-scale infrastructure projects in Africa. Typically investing in projects in the early stages of their development, all the way through construction and operational stages…
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TT - Special Episode - A Possible Non-Compete Ban?
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With the Federal Trade Commission pushing to ban non-compete agreements, questions and confusion are escalating among practice owners and associates. While the U.S. District Court has blocked the ruling for now, attorney Ali Oromchian offers clarity on the current developments and shares considerations to make if the rule does go into effect.…
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The African Mini-Grid Program: Mobilizing Catalytic Finance Episode 1
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Subscribe to our Clean Energy Africa newsletter: https://mailchi.mp/dc168bd41a97/sign-up-hereRecorded live during the Energy Access Investment Forum in May, this 2 part mini-series covers the African Mini-Grid Program (AMP). The AMP is a USD 50 million country-led technical assistance program designed to stimulate the solar-battery mini-grids marke…
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TT Ep 112 - Financial Steps Post-Close
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When the documents are signed and you’ve officially closed on your practice purchase, you’re likely eager to now jump into the job head on. To help new owners financially thrive post-close, Charles and Cain Watters & Associates Financial Planner Zane Harris lay out some key considerations. They touch on marketing strategy, curating your vendors, eq…
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TT Ep 111 - Financial Steps 30 Days Before Closing
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Closing on a practice sale signifies the monumental moment for buyers of crossing the finish line and starting a new chapter of your career. To set yourself up for success in the practice, there are several financial decisions to make 30 days prior to closing the deal. Charles invites Cain Watters & Associates Financial Planner Zane Harris to weigh…
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TT Ep 110 - The Kickoff Moment
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Whether you’ve done your research and you’re ready to kick off your next career chapter, or you’re feeling a little lost in the weeds, a coaching call or a preliminary meeting with a dental transition advisor like NDP can provide both direction and assurance. To maximize your time and gain the most value, Christy and Charles share what to expect an…
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State of The African Minigrid Business: INENSUS GmbH
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Nico joins us this week to share from his two decades of experience deploying Decentralized Renewable Energy projects, consulting governments on off-grid electrification policy, and what the emerging trends mean for financiers looking into Sub-Saharan Africa.This episode has already been published on "The Mini-Grid Business" podcast hosted by Nico.…
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Creating an African Clean-Tech Unicorn: Arnergy Solar Company
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Arnergy is a renewable energy company providing solar solutions to residential and commercial customers. Combined, Arnergy has raised $12M in a Series A and bridge round and is now gearing up for a big Series B fundraiser. In this episode, we speak with the company's CFO, James Fabola Jr., about operating in a difficult market and exciting growth o…
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TT Ep 109 - The Power of Knowledge
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Identifying opportunities for improvement can ultimately position your practice in an attractive spot for a buyer down the line. Cain Watters & Associates Partner Judson Crawford joins Christy on this episode to dive into the latest version of the Dental Practice Comparison Report. They’ll discuss the key findings from the nationwide practice data …
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TT Ep 108 - The Real Cost of Renovating or Building
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It’s natural to want to grow your dental practice by renovating or building a new office space. However, this can come at a cost, potentially impacting your overhead, overall practice value and even a future practice transition. In this episode, Christy and Charles show that while it’s okay to jump into this new project, you must consider timing an…
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TT Ep 107 - Addressing Operational Changes for Your New Team
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If you’re a new partner or buyer coming into a practice, making operational changes quickly can potentially shake things up and cause insecurity among the team. But what if the team is overpaid or underpaid? What if you want to adjust the vacation policy or insurance options? What if you don’t want to rehire a team member? Tune in as Charles and Ch…
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TT Ep 106 - Delivering the Big Announcement to Your Team
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Announcing a big practice change to your team, like the addition of a new partner or transitioning the business to new ownership, can be a sensitive and pivotal conversation. You will want to ensure your team feels confident and optimistic about the next chapter. In this episode, Charles and Christy walk through tips for determining when to tell yo…
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TT Ep 105 - Is My Practice Healthy Enough for a Transition?
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The dental transition landscape is seeing buyers become more diligent and selective with their decisions, causing practices considered “healthy” to have more buyer opportunities during the selling process. But what makes a practice “healthy”? Christy brings on NDP Senior Transition Consultant Morgan Ramsey to discuss the common financial and operat…
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Empowering The Last Mile: SolarAid’s Unique Model to Scaling Energy Access.
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In this episode, we explore SolarAid's visionary work under CEO John Keane, aiming to deliver sustainable energy solutions to remote African communities. Focused on last mile areas, SolarAid's unique model tackles energy poverty while empowering communities with clean, affordable energy access. Through innovation and strategic partnerships, SolarAi…
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TT Ep 104 - Transition Timing: When to Start Planning
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As you consider buying or selling a practice, the first few questions you may ask are, “When and how should I start the planning process?” and “How long does a transition take from start to finish?” The timing from when you start planning to when the practice sale closes can vary, especially with both internal and external factors at play. Christy …
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TT Ep 103 - The Right Time to Ask for Help
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When does it make sense to bring on a transition advisor so that you can maximize the benefits of hiring one in the first place? Is it when you have a concrete practice opportunity to purchase? Is it before you even start the discovery process? The timing, along with your unique situation, can determine the when and if an advisor truly is a good fi…
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TT Ep 102 - Landing Your Dream Position
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When it comes to searching for that dream associateship or position, there’s a little more required than learning about the job responsibilities. Arthur | Marshall’s Rich Gehrke and Kevin Simpson join Christy to share tips for finding your associateship or job opportunity, approaching the interview process and doing the homework to prepare for this…
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The GridCrux Story: How one Energy Entrepreneur is Democratizing Energy Access in Nigeria
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In this episode, we speak to Mojola Ola, a Nigerian-based energy entrepreneur about how his company, GridCrux, is channeling its core ethos of value-add to democratize energy access for thousands of Nigerians. We delve into his roots, entrepreneurial journey, innovations, and failures in a bid to uncover what it takes to thrive as an energy entrepr…
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TT Ep 101 - The Keys to Finding Your Associate or Partner
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The process of searching for your ideal associate or partner requires more than just a job posting. It requires you to set a clear understanding of what you’re looking for and have the desire to not only craft a compelling offer, but to create a positive experience for the candidate. This process isn’t about having a line of candidates through your…
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TT Ep 100 - The 100th: A Look Back
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When Christy and Charles decided to start Transition Talk in 2018, they didn’t know what a valuable resource it would become and the impact it would have today, but they knew they had educational content to share. The co-hosts celebrate the milestone of 100 episodes by reminiscing about their favorite moments and episodes and sharing a behind-the-s…
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De-risking Procurement and Financing to Accelerate Scale for Renewable Energy Companies in Nigeria
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Doing business in Nigeria is often fraught with challenges, especially on an operational scale amidst business models that involve cross-border transactions. In this episode, we speak to Justin Tinsey, the Vice President of Procurement, about Odyssey Energy Solution's innovative framework to de-risking procurement through its partnerships and syste…
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Funding Climate Impact with Persistent Capital
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Climate venture building is a concept that is not very common within sub-Saharan Africa. In this episode, we interview Tobias and Wairimu from Persistent Energy, a company deploying "persistent" financial and human resource capital to result in climate impact along energy, agriculture, mobility, and the circular economy. We talk about Persistent's …
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TT Ep 99 - Do Not Fear: Digesting This Economic Climate
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With the implications of inflation, interest rates and economic volatility looming, some doctors may feel uncertain about making a big career decision. How can current and future practice owners make sense of it all? What can they do to stay positive as they approach a future practice sale? Brian Bortz, Cain Watters & Associates Partner, joins this…
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TT Ep 98 - Top Questions Practice Owners Have - Answered!
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Managing the clinical, business and operational side of a dental practice is a juggling act, which means owners likely have a lot of questions swirling in their minds. Charles and Christy use this episode to answer common transition and ownership questions. From preparing for a transition, assessing potential buyers to building and lease questions,…
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TT Ep 97 - Do You Fit the DSO/Private Equity Criteria?
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With a constant buzz surrounding dental service organizations (DSOs) and private equity (PE) firms, practice owners may wonder if this is the appropriate route for them and their practice. Christy and Charles explain the types of qualities that DSOs and PE firms look for, while also while also illustrating both the opportunity and risks of the corp…
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Distributed Energy For People & The Planet Ep. 8: Rethinking Policy and Finance for Distributed Renewables
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In the eighth and final episode of the Distributed Energy For People & The Planet series, we are joined by Henok Assefa - Founder and Managing Partner at PRECISE, and Dr. Paul Yillia - COO and Technical Advisor, TENN to find out how policy design and finance go hand-hand in ensuring that farmers in rural communities can afford their energy needs fo…
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TT Ep 96 - Finding the Balance with Dr. Michelle Decere
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From navigating a three-doctor partnership, a child’s health diagnosis, busy schedules and much more, pediatric dentist Dr. Michelle Decere had to figure out what works and what doesn’t to keep the wheels moving. In this episode, she shares her story and shows that sometimes the keys to a fulfilling lifestyle are leveraging your support system, set…
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Distributed Energy For People & The Planet Ep. 7: Distributed Cooling to Create and Capture Markets
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In the seventh episode of the Distributed Energy For People & The Planet series, we are joined by Anshul Ojha - Founder and Principal anchor for the Desert Resource Center, and Ralph Roothaert - Principal Investigator – Veggies 4 Planet & People (V4P&P) Project and Country Director – of Kenya Eastern and Southern Africa (World Vegetable Center).…
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A $10M Partnership to Scale Energy Access: CrossBoundary and Mobile Power's Historic Deal
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In this episode, we discuss the intricacies of the landmark $10M partnership between Crossboundary Access (CBA) and Mobile Power–a partnership that promises to unlock energy access for over 300,000 people within Nigeria.Lynne Wesonga, Luke Burras, Olubunmi Olajide, Chigozie Ubah
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TT Ep 95 - Personal Wins Over Societal Perfection with Dr. Christy Marcello
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Dr. Christy Marcello is the only female specialist dual trained in pediatric dentistry and orthodontics in the state of Louisiana. And as a practice owner, wife and mom, she understands the weight and stress that many women endure as they seek perfection. Tune in to hear her story and how she strives to be not the best, but rather be the best versi…
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TT Ep 94 - Goodwill’s Role in Your Transition
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Not only is goodwill a large contributing factor to the overall practice value, but because it’s intangible, the handoff between the buyer and seller isn’t as simple as handing over the keys. Yet, it has to be addressed. In this episode, Christy and Charles discuss why goodwill matters, when it’s worth more or less, what sellers may be expected to …
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Distributed Energy For People & The Planet Ep. 6: Closing the Cooling Gap with Distributed Renewables
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In the sixth episode of the Distributed Energy For People & The Planet series, we are joined by Nirmita Chandrashekar a licensed architect and Senior Program Manager with SELCO Foundation in India, and Bijal Brahmbatt from the Mahila Housing Trust or MHT, a non-profit that was selected as a Women Changemakers India Fellow by Womanity Foundation. In…
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TT Ep 93 - It’s Not a Sprint to the Finish
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We get it. You are ready to close that deal. Whether it’s excitement, anxiety or another feeling or reason, many people just want to get through their dental transition and close the deal as quickly as possible. However, speeding through the process can lead to oversight of important details and even complications to the overall transition. NDP’s H…
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Distributed Energy For People & The Planet Ep. 5: Delivering health justice through distributed renewables
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In the fifth episode of the Distributed Energy For People & The Planet series, we continue our conversation from the last episode of the series joined by Shweta Narayan from the India-based NGO "Health Care Without Harm", and Shri Ram Kumar S, IAS - Project Director of the Meghalaya Health Systems Strengthening Project (MEGHSSP).…
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TT Ep 92 - Continuing the Family Legacy
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Dental transitions between family members come with their own set of expectations, obstacles and even perks. Charles welcomes a father-son duo, Drs. Rick and Kyle Washut, to share their transition story, the lessons learned and wins along the way.NDP
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TT Ep 91 - Couples in Dentistry: Empower and Succeed Together
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In the world of dentistry, it’s not uncommon to see two young people meet in dental school and journey together into their careers. That’s where it began for Drs. Todd and Terrah Larrabee, owners of a family dentistry and orthodontic practice and parents of two boys. Their message to any other couples in dentistry is clear: Practice ownership is ab…
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How Catalytic Financing is Powering Clean Energy: David Arinze
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Donor-funded catalytic capital has been an integral part of the growth of the off-grid energy sector in Sub-Saharan Africa by de-risking new technologies and business models. David Arinze joins us in this episode to discuss the ecosystem impact and growth of projects funded by catalytic capital and how it is allowing organizations to scale enough t…
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TT Ep 90 - Female Practice Owners: Doing It All
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While more women than ever are entering the field of dentistry, there’s still some hesitancy among women about becoming a practice owner. With self-doubt obscuring the picture, many female dentists wonder how to navigate a successful career, build a thriving practice and achieve “mom of the year” status. Angie Svitak, Cain Watters & Associates Fina…
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Distributed Energy For People & The Planet Ep. 4: Distributed renewables transform rural health and healthcare
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In the fourth episode of the Distributed Energy For People & The Planet series, we are joined by Rachita Misra - Associate Director of Knowledge and Advocacy with SELCO Foundation in India, and Heather Adair-Rohani - Acting Head of Air Quality, Energy and Health at the World Health Organization (WHO) to discuss the energy and health nexus. Focusing…
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TT Ep 89 - Broaden Your Perspective
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Whether you’re the buyer or seller, you have a vision of what the perfect practice, buyer and dental transition looks like. However, when it doesn’t play out exactly the way you envisioned, and you’re forced to switch gears, it can be challenging to keep your eyes on the end goal. This new episode shows you how to maintain an open mind and broaden …
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