Increasing Practice Production Every Year
What is the future of dental practice? Although a textbook could be written to answer this question, we believe that the future of dental practice is bright and we are very optimistic that many dental …
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Personal Financial Tip #5: Treat your personal finances like a business. Many dentists do not treat their personal finances the way they treat their practice, but it is a business that will ultimately …
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Personal Financial Tip #4: Grow your practice. Dental practices are businesses, and businesses need to grow every year. Dentists who can reach financial independence by the age of 62 have practices if …
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Personal Financial Tip #3: Understand your financial plan. Every dentist should have a financial plan put in place as early as possible. The sooner you understand your financial situation and the …
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Personal Financial Tip #2: Be disciplined for slow growth. Although there are rare exceptions, most dentists will accumulate wealth on a gradual basis. The earlier you start savings, the larger that …
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Personal Financial Tip #1: Make a savings goal. Starting in the first year of practice, every dentist should have a targeted annual savings amount. The sooner this is implemented, the more dentists …
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Treat Referring Doctors Like Customers Tip #2: Never interrupt a referring doctor when they are speaking. Even if you are racing to get off the phone because you are already behind, don’t interrupt a …
Treat Referring Doctors Like Customers Tip #1: Go out of your way to thank a referring doctor for a referral. A quick phone call or text can go a long way toward demonstrating your appreciation and …
Never ignore bad behavior. Orthodontists often tolerate bad behaviors or attitudes because they are concerned about making things worse or inciting or drama. Good leaders respond to negativity calmly, …
How good is your customer service—really? You may think your practice has five-star level customer service, but statistically there is a 95% chance it does not. Although there is nothing wrong with …
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Jealousy will make you miserable. We recently spoke with a dentist who was interested in engaging our dental consulting services because a dentist friend’s practice was performing better than his own. …
Tell every patient about their great results. One of the last and most important steps in a patient’s experience is to inform them that the treatment they just completed was very successful and the …
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