History
In 1967, along with Dr. Harry Galblum and Dr. Harold Eskew, Martin “Bud”
Schulman formed an orthodontic laboratory to serve the local Washington DC area
orthodontic community. Dental Corporation of America (DCA) grew rapidly in its early
years and Bud, a successful accountant and businessman, gained the respect of many
dentists during this time as a principle in DCA.
As he worked with the dental community, Bud realized most dentists were good clinicians
but sorely lacking in management skills and expertise in basic business principles.
During the early 70’s Bud gave up his leadership role in the new company and
formed his own consulting company to assist dentists reach a higher level of business
expertise within their individual practices.
His business expertise benefited his clients and he quickly became sought after
as a knowledgeable consultant. In the early 1980’s Bud increased his consulting
base when he began to publish his widely read , highly successful management/investing
newsletter and also begin to offer one day seminars for both general dentists and
dental specialists.
Although the exact date of the first meeting has been lost to history, the Super
Schulman Study Club was formed soon after the newsletter inception, at the request
of some of his clients who were orthodontic specialists. During that time Bud organized
the study club comprised of those orthodontists interested learning more about his
personal business and management philosophy. 40 practices who could verify a specific
minimum gross income were asked to participate. Although he group was initially
formed using only the financial criteria, the participants quickly came to recognize
the value of shared information and collection of management statistics from all
practices was added as a requirement of membership.
Bud ran the meetings with an iron hand and review of the statistics played an integral
part. During those meetings, he would often ask anyone who he felt had too high
an overhead or worked an inefficient amount of time to stand and explain! Spouse
participation was a requirement and his beloved wife Jodi attended each session,
leading by example. The participating doctors and their spouses loved Bud, viewed
him as a true friend, and soon found the group information and friendships formed
invaluable in their own practice growth.
As Bud spent more time consulting, he had less time to devote to his newsletter.
In 1987 John McGill, JD, MBA purchased the newsletter and began his long partnership
with the group. At the meetings John would provide the tax information and Bud continued
to review the statistics. For the next 13 years, interest in and reputation of the
Super Schulman Group grew. John McGill and staff provided the organizational expertise
for the annual doctors meeting and a membership board was established. Bud’s
friendly personality, implicit honesty, and willingness to share information with
all he worked with became the hallmarks of his career. Those traits continue as
the cornerstone for this study group.
By 2007, the group had more than doubled in size and Mr. McGill formally turned
the responsibility of the governance of the group to its members. An original member,
Dr. Ron Redmond was asked to assume the leadership role. In 2008 the name of the
group was officially change to the Schulman Study Group and continues as Bud Schulman’s
legacy to profession of orthodontics.