874: Metric Mondays: True Profit: What You Actually Take Home – Dr. Barrett Straub

Описание: Gross profit and net profit both sound great. But there's one key difference you need to know! In this episode of Metric Mondays, Kirk Behrendt brings back Dr. Barrett Straub, ACT’s CEO, to break down true profit, the amount of dollars you get to take home to your family, to invest in your practice, and to plan for your future. To learn how to analyze and increase true profit, listen to Episode 874 of The Best Practices Show!

Learn More About Dr. Straub:
Send Dr. Straub an email: [email protected]
Join Dr. Straub on Facebook:   / barrett.d.straub  
Send Gina an email: [email protected]

More Helpful Links for a Better Practice & a Better Life:
Subscribe to The Best Practices Show: https://the-best-practices-show.capti...
Join The Best Practices Association: https://www.actdental.com/bpa
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Join ACT’s To The Top Study Club: https://www.actdental.com/ttt
See the ACT Dental/BPA Live Event Schedule: https://www.actdental.com/event
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Episode Resources:
Watch the video version of Episode 874:    / @actdental  
Register for ACT’s To The Top Study Club (July 25, 2025): https://www.eventbrite.com/e/climb-wi...

Main Takeaways:
Your financial story goes beyond just the P&L.
Understand the difference between revenue and profit.
True profit is the dollars you can put in your personal checking account.
Analyze your cash flow statement expenses — things that are not on your P&L.
Ensure you have enough for Tax Day. Identify how much to put aside each month.

Snippets:
0:00 Introduction.
1:46 True profit, explained.
5:03 Kirk’s experience with the tax snowball.
7:19 Below-the-line expenses, explained.
13:57 Last thoughts.

Dr. Barrett Straub Bio:
Dr. Barrett Straub practices general and sedation dentistry in Port Washington, Wisconsin. He has worked hard to develop his practice into a top-performing, fee-for-service practice that focuses on improving the lives of patients through dentistry.
A graduate of Marquette Dental School, Dr. Straub’s advanced training and CE includes work at the Spear Institute, LVI, DOCS, and as a member of the Milwaukee Study Club. He is a past member of the Wisconsin Dental Association Board of Trustees and was awarded the Marquette Dental School 2017 Young Alumnus of the Year. As a former ACT coaching client that experienced first-hand the transformation that coaching can provide, he is passionate about helping other dentists create the practice they’ve always wanted.
Dr. Straub loves to hunt, golf, and spend winter on the ice, curling. He is married to Katie, with two daughters, Abby and Elizabeth.