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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In this second half of our interview with Josh Cochran, Tyler transitions into asking about the inefficiency of dental in general, how to start with what you want, and Josh's overall vision-borderline-obsession of modernizing dentistry.
The co-founder of full-service dental marketing agency Wonderist, Michael Anderson, joins Richard today. Helping dentists become marketers in the first place, systematic discovery of what makes you different, and why "Do mailers work?" will always be the wrong question.
George and Matt reconvene after the new year to bring practicing dentists valuable Q&A. Sourcing from his ongoing Dentaltown thread, George is asked: What do you have to do to remove yourself, clinically? Also: Will books help me be a better leader? How do you implement Traction to run your office? dt.sharedpractices.com
Dr. Husnain Shahid returns, continuing the digest of his ownership journey. He outlines key details of the deal with his seller, tells about his new-owner staff turnover, and warns us with a red flag his lawyer saw on the seller contract.
Continuing our season on Growth, we welcome Dr. Matthew Standridge. Through trial and error, he's grown in a variety of ways. Today we talk the evolution of his Ortho Foundation course, his fortunate fall into multi-practice ownership, and why it absolutely did not work out--at first.
Richard, George, Matt, and Tyler--the primary hosts of each of our segments--combine forces to lay out the history of Shared Practices. More importantly, we take a look into the future of ownership for young dentists.
Richard Low, George Hariri, Matt Guarino, and Tyler Tolbert share their exhilarating vision for young dentists pondering practice ownership.
Payton's good friend Dr. Husnain Shahid joins us today. A fantastic storyteller, Dr. Shahid tells us what he did to prepare for ownership. We learn what his school experience was like, how CE boosted his early career, plus his unorthodox approach to practice acquisition.
From Carr Realty, Colin Carr joins us. Having started his commercial real estate education early in life, Colin soon noticed a problem in the healthcare field: when healthcare providers negotiated real estate on their own, they were getting absolutely crushed. We learn why you should make clear that dentists are strong tenants, where practice owners miss out on free money, and when to look for a broker.
George and Matt talk one-on-one for the last two episodes of 2020. Today we're looking forward; forward to what's next for Shared Practices, for Matt and George personally (big news from both of them), and for each of our listeners as we all set goals for 2021
As Tyler prepares for his D4 year, he and Payton highlight the 2020 dental school snafu and communication with potential sellers. They also get specific about the Shared Practices Mastermind for students and pre-owners.
In an in-person interview, Richard and George address the inner workings of Richard's professional situation. His pivot comes as a result of wanting to consolidate; and share more on air about the goings on of his practice. But at what cost? Richard's dedication to Shared Practices becomes quite obvious in this special episode...
George and Matt talk one-on-one for the last two episodes of 2020. We talk goals, falling short, and being at ease as we reflect on the entire year.
Having grown up around dentistry, Solomon's dream has always been to be a solo dentist. But since he started listening to Shared Practices in his D1 year, he's now aware of the flexibility that can come from owning a small group practice. Solomon is narrowing down potential acquisitions. Tyler and Payton's job today is to help make sure Solomon is disillusioned of any false numbers as we compare the practices of reticent sellers.
Grab a pen and paper for this one. Take notes as you listen to experienced marketer, speaker, and author--and trained hygienist-- Minal Sampat. We talk about her fortuitous upbringing in the industry, how she goes about juggling hygiene and her marketing company, and why your marketing doesn't matter (who you're marketing to matters).