Shared Practices | Your Dental Roadmap to Practice Ownership
Summary: A bootcamp in small business ownership and practice management for dentists, giving the new graduate a roadmap to successful practice ownership. We interview the best dentists, experts, consultants and more on our weekly show. Here's the topics we will be covering in our 8 Seasons: 1. First Years as a Dentist 2. Think Like a Business Owner 3. Money and Numbers 4. Startups, Acquisitions, and Partnerships 5. Internal Systems 6. Marketing & Growth 7. Leadership, Vision and Culture 8. Beyond Dentistry Go to SharedPractices.com to download the 8 Season Roadmap.
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Podcasts:
Precocious fourth year dental student Kevin Reardon shares his vision, relates his experience sending mailers to sellers, and reveals why he forged his ambition ultimately out of frustration. Email the interns
"You can measure the health of...an organization by measuring the average lag time between identifying and discussing problems", says Joseph Grenny, co-author of Crucial Conversations: Tools for Talking When Stakes are High. Listeners interested in more healthy offices will enjoy as Richard and Murray--consultant and coach for executives across the world--unpack exactly what healthy conversations look like in our industry.
Our guest "Dr. Ace" has a successful group practice with 4,000 patients, but he still wants to go solo. Confused initially, George looks beyond the impressive numbers to find out why Ace reached out to him, what it has to do with his office manager--and provides a-ha moments that leave Ace speechless.
Seasoned broker Matt Porter, of Menlo Dental Transitions, shares a firehose of fantastic insights. Aaron invites our guest take a deep dive on EBITDA, addbacks, and all things practice evaluation. Grab a pen, paper and let's start. Find more about Matt Porter at www.MenloTransitions.com
The Godfather of dental podcasting, and host of the Thriving Dentist Show Podcast--Gary Takacs--has been in over 2,700 practices. He's learned a thing or two about leadership. He and Richard talk powerful leadership constructs, and the only way to set the stage for meaningful change in your practice... www.thrivingdentist.com https://www.lessinsurancedependence.com/podcast
Our guest Dr. Luke has been using Practice By Numbers since day 1 of owning his practice. We learn why he chose it, how he uses it, and when. Plus, we further explore his leadership style, and we hear all the difficulties of training staff to perform to higher standards with diagnosis and case acceptance.
When Tyler was in Phoenix, he shadowed George around the practice for a day. Even though he had been interning for Shared Practices since his D1 year, Tyler was still flabbergasted to see George's systems applied during real-life practice scenarios. Listen in while Tyler and George digest Tyler's journey, the impossibility of outproducing your problems, and just how much George makes Practice By Numbers part of his staff's culture. Email the interns: spinterns@gmail.com
Shared Practices welcomes back Murray Low, consultant and coach for executives across the world. When you try to change things in your practice, there's always push back. You might not know about it, but it's there. Solicit it. Explore it. Following up on an off-air conversation, Richard and his father Murray share this and more concrete starting points for teasing out skepticism, getting *real* feedback from your team, and being the leader they need.
The location, the team, the office manager, the practice model...everything changed when Luke bought a practice. Everything--that is--except his leadership style. Matt digs deep to uncover why Luke's production is declining, what he needs to change to have a successful solo practice, and how much of his budget he should (or shouldn't) spend on marketing.
Welcome to The Pursuit of Ownership--the all new segment of the Shared Practices podcast! ** What do you want most in future practice ownership? How can you possibly measure up to the veteran dentist you're buying from? Do I have to go rural to make real money? With George's guidance, Tyler, Aaron, and Clay help students and new grads explore these--and other--impactful questions about Practice Selection. Plus, the one question that trumps all. Listen in.
Successful practice owner (and legendary delegator) Dr. Paul Etchison joins us today. With a seemingly unending stream of valuable thoughts, he teaches us how he built a healthy culture, why he delegates almost everything, and why you should put down your hand piece and lead.
Donald's new patient flow is hemorrhaging. With a great team, and great patients, what's keeping him from growing? Now in the latter end of his first year of practice, he and Matt uncover how to implement one of George's favorite words: Sustainability!
Welcome to The Pursuit of Ownership--the all new segment of the Shared Practices podcast! Your cohosts (all having interned at Shared Practices) are Tyler Tolbert, Aaron Fritsch, and Clay Schwinke. Each brings a unique angle to this weekly pre-ownership-focused segment. Today we meet our cohosts and learn their strengths. We also uncover why today's guest Dr. George Hariri says "selection & vision" is way more important than evaluation when choosing a practice.
Our guest today is Murray Low, consultant and coach for executives across the world. He shares personal and professional leadership blunders, when to admit you're a horrible leader, and how (and how not) to hit the leadership reset button.
New patient flow is hemorrhaging. You need to make big changes in your new practice. You're understaffed, and already pushing employees to what you think is their limit. Where do you start? Our guest Donald starts by removing the emotion. He and Matt effortlessly explore how to staff for profitable, simple, and sustainable growth.
