Increasing Practice Production Every Year
Dentist as CEO Tip 2: It is not always easy being the leader. As a CEO, dentists must make tough calls. Whether you’re deciding what technology to bring in or making changes that might impact a team …
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Dentist as CEO Tip #1: Always be in “learning mode.” Most dentists never require the necessary skills to be excellent leaders. You cannot learn them from one webinar or one book. It is a process that …
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If the doctor is not motivated, the team will not be motivated either. Exceptional leadership starts with a display of motivation by the leader. Motivation is contagious, and others will quickly …
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Contact patients after a pre-authorization. If you must pre-authorize a procedure, reach out to the patient with the results as soon as they are available. Be prepared to motivate the patient to make …
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Do you ever make exceptions to your systems? There are exceptions for everything. However, exceptions should be rare because if exceptions grow, the practice systems begin to break down. …
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Run your dental practice by principles. Every team member should know the basic principles that they are required to follow for their job. When a principle is followed properly, practice income …
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What do you do when something bad happens? A dental practice is a business and every business experiences bad times. Instead of being angry or depressed, look at the situation and ask the question, …
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How to Retire Successfully Tip #5: Ride the market rollercoaster. The investment markets will go up and down. The best way to perform well is to fund retirement as early as possible, so you’ll have …
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How to Retire Successfully Tip #4: Choose your best age. You may not think that you care about retiring before a certain age, but negative life events can happen. It’s best to be on track to be …
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How to Retire Successfully Tip #3: Work backwards. Determine the level of retirement funding necessary every year, what amount of profit is necessary for that to happen, and what amount of production …
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How to Retire Successfully Tip #2: Start early. Don't wait to start working on retirement. The earlier you start, the faster you will accumulate retirement funding. …
How to Retire Successfully Tip #1: Seek expert guidance. Your practice will be the key to funding retirement, and you need to build it to a level that allows this to happen. …
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