From: jeffrey E. <[email protected]> Sent: Sunday, April 26, 2015 1:58 PM To: Donald Pomeranz Subject: Re: thanks for the thoughts. my note was to point =ut that goodwill CAN be valued. it is directly tied to revenue= in the future, if you were to leave and the practice next day go to=zero then good will was zero. if after you left th= practice doubled. good will was worth. a signifigant amount. =hat is why good will is usually in a samll practive paid over time b=sed on a formula as opposed to even the most fair minded guess, 4>=A0 what is the status of the new licensing legislation? . enjoy the=sun On Sun, Apr 26, 2015 at 9:45 AM, Donald Pomeranz > wrote: Good mo=ning from Ocala, Fl I honestly haven't a clue what you meant by this last note. =However, relaxing a bit outside of St. T I thought I would give you my tho=ghts about all of this and try to give you an understanding of my perspect=ve. I feel ver= strongly that my concept of goodwill in a practice involves the selling o= my patient records, my 40+ year good reputation, my willingness to take u=der my wing a very young practitioner with absolutely no real clinical exp=rience and teach her as honestly and to the best of my ability how to beco=e a good dentist. While this is completely impossible in even two or=three years it is a good start. To become a good dentist takes 10-15=years of clinical experience, and lots of continuing education. I wa= once told this very same thing by the dean of my dental school and though= he was off the wall. Dr. Ingle found several of us in the hall as g=aduating seniors with large chips on our shoulders. His comment that=day was you guys think you know it all but let me tell you, "in five =ears you may know something. In ten years you'll just be getting=the hang of things. In fifteen years you'll finally know what yo='re doing." We laughed and said thanks and didn't believe a w=rd. Well, Jeff, he couldn't have been more correct! What you are as