Reality #7.Financial support from family
If a new Dentist has adequate family backing, then things do get easy.
For example, suppose the parents of the dentist already have a place for your clinic.
In that case, you have your place to practice.
If a young dentist’s parents are themselves, dentists, then also it gets more comfortable for the young dentist.
But not everyone has this support. If you are a first generation dentist, then you have to build everything from scratch. If you are to set up everything on your own, then it gets doubly tough.
What’s the end goal of opening a clinic?
To make it profitable and source of good monthly income.
However, before you do that you are forced shell out millions and then hope that the practice picks up. It is highly stressful.
8. Are you a Govt. or Private Dental Student?
Are you a Dental pass-out from a Private/ Deemed dental college?
Then you must have spent a minimum of 12 lakhs INR as the expenditure of the course.
Post 2016 the prices of 4 years BDS curriculum is around 20 to 25 lakhs in top private dental colleges. The admissions are based on NEET exams which are difficult to crack. To prepare for the NEET exams, a student again needs to invest for preparation.
If in NEET you do not get a Govt. sponsored BDS but a private Dental College then you will need to shell out more money for your education.
So for a young dentist even before starting his/her clinic, he/she has already spent a significant amount of money.
For a govt. Dental student it is relatively cheaper as the cost of education in a govt college is very less.