Ownership Awakened: The Dental Journey

Think Like an Owner: Making the Numbers Make Sense

Dr. Mike Lundy Season 1 Episode 3

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In this episode of Ownership Awakened, I sit down with Dr. Addison Killeen to talk through one of the least taught—but most important—parts of practice ownership: understanding the numbers well enough to make sound decisions.

We discuss what financial readiness actually looks like, what the early months of ownership really feel like, and why tools like business plans, pro formas, and working capital projections exist—not to be perfect, but to reduce surprises. Addison shares lessons from building, scaling, and refining multiple practices, along with practical insights on startups versus acquisitions, practice size, and risk management.

This conversation is for dentists who have the vision for ownership but want a clearer, more realistic understanding of the financial mechanics behind it—before committing to the leap.