Traus argues that 70% of dental practices are still independent owners who feel trapped between selling to PE consolidators or bleeding money to insurance companies, and Daydream's automation gives them a 'third door' to stay independent and profitable. ✦ AI generated
Traus · My First Million · 2026-08-17 · original ↗
starts at this moment · 44:09
“Like, are you wanting to be like a CEO of a publicly traded company?”
70% of the market are still independent guys like my mom, and they feel like they have no other choice but to sell it to the big guy. I want to give them the third door, which is like, hey, if I handle this back office BS for you, would you want to still be a dentist and own your practice? And they're like, heck yeah. That's the multi-billion dollar business here.
verbatim transcript · starts at 44:09
43:52[laughter] it get? >> Um, >> there's tons of us. >> Uh, how big? I mean, I think we're going to serve every dental practice in America. >> Like, are you wanting to be like a a CEO of a publicly traded company? >> Yeah, why not? I mean, I think like to me, like the opportunity here is today what we do is we help dentists bring money into their business, but soon we
44:09can store their money, we can help them spend their money, we can lend money to them. I don't know if you guys have, you know, these PE roll-ups. They're buying up all these like Taco Bells, dental practices, and you know, the truth is 70% of the market are still independent guys like my mom, and they feel like they have no other choice but to sell it to the big guy. I want to give them the
44:26third door, which is like, hey, if I handle this back office BS for you, would you want to still be a dentist and own your practice? And they're like, heck yeah. That's the multi-billion dollar business here. >> So, let's go over the business model. So, you said you save dentists, you bring in ex additional cash flow that they were otherwise losing or was delayed. You take a percentage of that.
44:46So, you said that basically is let's just take $1,000. For every thou or $100, every $100 that comes in, what do you guys take? Anywhere from two and a half to three and a half%. >> Oh, that's it. Okay. >> Yeah. >> But how does that math work? So you said 10 million of AR, but you're saving bringing in a million a month from dentist. That's 12 million a year. So
45:03how does that work? >> No. No. We're adding as Daydream as a business, we're adding 1 million in AR net new. And so we're processing. >> But is it a is it ARR? >> Yeah, ARR. So uh when we submit claims and we post the payments, which is like entering it in, we take a fee. So it's not just money we recover. It's every dollar going into the business we are