Reflecting on A Crazy Year Like many of us, I learned a lot in our year of Covid-19. Perhaps the most valuable lesson was not to take everything that went wrong as a personal failure. From the shortage of nurses to teachers to supermarket cashiers, many businesses struggled mightily with staffing issues. It was no […]
You’ve Closed … Now What? Part One: Staffing “But we’ve always done it this way.” Really, is there a more dreaded phrase for the new owner of a dental practice? Like it or not, chances are good you can expect to hear just that when you take over an existing practice. That’s because when the […]
Multiple Practices Can Mean Multiple Problems When you’re the owner, it’s all on you Fellow dentists often say to me, “You own multiple practices? Wow, that must mean a lot of passive income!” On paper, they’re not wrong. But as any business owner can tell you, there’s not much “passive” about it. Especially when a […]
We’re all struggling through the coronavirus pandemic and, beyond worrying about the health of our family and friends, are wondering when it will end and how it will affect our dental practices. Though certainly less dire on the universal scale, I can’t help but think back to my own personal disaster in April 2018 when […]
As I mentioned in my last blog, I learned the hard way just how vital it is to have adequate insurance for your dental practice. I admit it’s not the most exciting of subjects, but it’s vital to the health and wellbeing of your business. Insurance is the kind of thing we grudgingly buy, hope […]
I can’t afford it. Corporations will buy all the best practices. Owners have a less flexible lifestyle. As an associate, “it’s not my problem.” You’re on your own. At the age of 15, I knew that I wanted to be a dentist and own my practice. This goal spurred me through dental school and impacted […]
When we want to buy a car, we go to a dealership or maybe a website like Carvana. If we need a home, we search to Zillow or we find a real estate agent. For almost any other item, we can usually find it on Amazon, and with Prime it will be there in 2 […]
If you know me at all, you know that I am a huge advocate of dental entrepreneurship. I believe the autonomy of being your own boss creates a life of freedom, flexibility and the opportunity for unlimited financial success. The reality is, there will be significant challenges along the way. The biggest learning curves for me happened […]