Shared Practices | Your Dental Roadmap to Practice Ownership show

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:

 PUW 22 Are You Afraid To Give Honest Diagnoses? Part II | File Type: audio/mpeg | Duration: 01:00:10

Soon after the acquisition, David's practice is trending dangerously downwards. He's apprehensive when giving patients the diagnoses they really need. But he's also guided through patient retention, and the all-too-familiar new patient flow problem. Matt joins George in the outro as they continue their fiery SEO debate.

 PUW 21 Are You Afraid To Give Honest Diagnoses? Part I | File Type: audio/mpeg | Duration: 56:56

After buying a practice, our guest David is not only well below the seller's numbers by this time last year, but he's also trending downwards. George suspects it's because David is apprehensive about giving patients the diagnoses they truly need. We look at the numbers to find out if George's suspicion is valid, or bogus.

 PUW 20 Owner Earning Less Than Associate Income Part II | File Type: audio/mpeg | Duration: 01:07:39

Continuing from Part I, our guest--and skilled clinician--Kevin owns his practice, but he's still earning less than associate income. George helps Kevin understand the lasting impact of what may have been a hasty decision--to fire one of his front desk. After rigorously studying Kevin's Practice By Numbers, George knows exactly how to free up some budget for Kevin's much needed marketing.

 PUW 19 Owner Earning Less Than Associate Income Part I | File Type: audio/mpeg | Duration: 51:48

Even though our guest--and skilled clinician--Kevin owns his practice, he's still earning less than associate income. He's been coached in the past, but may not have been ready to make solid changes. One of his current problems? Lack of systemized approach to diagnosing. George guides Kevin on how to systemize his exam approach, give hygienists the support they need, and turn his practice around.

 PUW 18 Don't Ride the High of New Practice Ownership Part II | File Type: audio/mpeg | Duration: 01:05:23

Continuing from last week's consulting session with Tom, George now leans into the coaching side of things: How can Tom 'start with why' when getting his team to accept big changes? How can Tom get a constant, sustainable stream of new patients? When he finds that Tom is so willing to accept his guidance, George lays down even more golden nuggets of information in this week's episode.

 PUW 17 Don't Ride the High of New Practice Ownership Part I | File Type: audio/mpeg | Duration: 50:29

Tom acquired a practice last January. And it's tempting to sit back and enjoy the momentum. But George sees key factors that have been ignored: If Tom doesn't improve his new patient flow and keep his front desk accountable for reappointment rates, then his new acquisition will never be sustainable. Luckily, our guest Tom is an excellent clinician; excited to set himself up for the long game.

 PUW 16 More Money, Less Happiness Part II | File Type: audio/mpeg | Duration: 53:27

Dive into Part II with our guest Nathan--a successful (but burned out) practice owner. In Part II, Matt and George review his metrics and find out how Nathan's lack of leadership is affecting his numbers. Nathan also notices his low-hanging fruit can be a place to quickly start cleaning up and creating a system of delegation to begin on the path of achieving his goals.

 PUW 15 More Money, Less Happiness Part I | File Type: audio/mpeg | Duration: 53:47

Dive into Part I with our guest Nathan--a successful (but burned out) practice owner. He’s not sure where he stands with his metrics and feels that he is floundering. Nathan would like to make strides toward an income number which would support bringing on another associate. Find out what Nathan’s metrics reveal, and what he's avoiding that prevents him from moving forward.

 PUW 14 At the Brink of Practice Extinction Part II | File Type: audio/mpeg | Duration: 01:04:45

Dive into Part II with our guest Jim. Our show was made with dentists like Jim in mind. We continue our discussion with Jim about how he can easily implement more patient treatments to boost his income so that Jim can make his bills every month. George also discusses other income options which make sense for Jim’s situation to keep him financially afloat. Can Matt and George save this floundering dentist? Tune in to find out how they can save Jim from going under!

 PUW 13 At the Brink of Practice Extinction Part I | File Type: audio/mpeg | Duration: 58:28

Dive into Part I with our guest Jim. Our show was made with dentists like Jim in mind. Jim is currently so far underwater with his practice, he is getting pulled under by the enormous amount of undertow from the extraordinary amount of debt he has accrued - he is currently pushing $1million in DEBT between student loans, credit card, and loan debt. Can Matt and George save this floundering dentist? Tune in to find out how they can save Jim from going under!

 PUW 12 Why You Should Celebrate Success Your Own Way Part II | File Type: audio/mpeg | Duration: 59:01

Dive into Part II with our guest Doug. He is so close to his goals, and yet struggling to make those small, final changes to his practice to get where he wants to be in his metrics. Even though Doug is doing well, he would like to achieve his goals to feel that his practice is working at 100% efficiency. Find out what advice and actions Matt and David suggest for Doug to work on to achieve his practice goals.

 PUW 11 Why You Should Celebrate Success Your Own Way Part I | File Type: audio/mpeg | Duration: 46:00

At the end of the day, we’re small business owners. And we know it’s important to celebrate our teams’ successes. But today, Matt and our mystery guest dive even deeper; exploring healthy ways to kick back and celebrate success…your own way.

 PUW 10 Specialist Posing as a GP Part II | File Type: audio/mpeg | Duration: 50:09

Our guest Liam is back for Part II. In this episode, we dig into his metrics, see where Liam can move forward in his practice. To date, Liam has more than tripled his yearly gross for his company. Listen in to find out how he optimized his 1200 square foot facility to make over $1 million a year!

 PUW 9 Specialist Posing As A GP Part I | File Type: audio/mpeg | Duration: 48:45

Our guest Liam is a specialist who purchased a GP practice for only $225,000! Listen in to find out how he created a $1million dollar yearly income from a practice that was losing over $10,000 a month!

 PUW 8 Between a Rock and a Hard Place | File Type: audio/mpeg | Duration: 01:07:03

Matt and George interview Rock for Part II. In this episode, Rock feels that he has more than one option to build his practice without all the chaos. We dig into his metrics to find out that his net patient numbers are in the negative and what other elements of his practice he can change to see more immediate results without the chaos.

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