097 Dentistry Trains You to be a Clinical Dentist, Not a Business Owner
Dentistry is changing. Technology, education, and resources are closer to our fingertips now more than ever! Are you ready to learn what millennial dentists are doing to exceed patient expectations, enjoy dentistry more and take vacations and how this generation can join up with the previous generation to make for an unstoppable dental team? Wait no longer! Listen in and find out how to push your lifestyle to the next level.
Welcome back to another episode! Episode 97, I’m joined by guest host JB, and we chat about his experience with five practices and how he went from working hard to more productive working in his practice to have a better lifestyle.
JB, with his five practices, was unaware of the elements of leading his team. He would try to push his way of doing things onto his team and didn’t understand why they didn’t want to work “his way.” Looking back, he realizes that his perspective wasn’t realistic as his expectations were very high. Also, JB didn’t consider that his team wouldn’t understand why he wanted to run his practice the way he did and resulted in a big disconnect with his staff. JB was so successful that he had investors looking at his practice to infuse his company with money.
Looking back, he could see the destructive writing on the wall. “I pulled myself out of this tailspin and this destructive path that was going on. This is not the right way to go, and it’s time to focus back on the fundamentals and be a dentist again. Be a leader in the practices, show up, and act like a practicing dentist and a leader of the practice.”
When he realized the company wasn’t going the way he intended, he decided that he had three options to move forward as a successful dentist. JB chose to become the principal dentist in his practice with one office and a team.
Now, he understands that he had a leadership issue. “It was a leadership issue, and this was the hardest thing to realize. I was a terrible leader. I wasn’t focused on what I had and was too worried about what I was going to get.” His motivation was the ability to acquire new connections and new practices.
Even with his experiences in the past five years, JB realizes that he can still have a successful and fulfilling experience as a dental practice owner. After selling off the practices that were the biggest headaches, revamping his mindset as a physician, and becoming a better leader, he is now feeling much more content with his new role in his single practice.
[02:55] JB talks about his new view on his practice as a “catastrophic shift.”
[04:30] He took a lot of his time and effort trying to push his culture onto the team at the office.
[08:14] Looking back, he feels good about the decision he made to move forward.
[11:37] JB talks about what he would have done differently, looking back.
[14:04] With four practices, JB wasn’t sure how he was going to make payroll.
[17:32] The bottom line when JB sold his practices.
[19:42] How JB is doing now, as opposed to last year in his practice.
[27:15] JB and I chat about how we are ignoring our best skills.
[33:10] The need for leadership and how important good leadership is in a practice.
[37:20] Elements needed for a well-run dentistry practice.
[43:22] Dentistry and owning a practice when the economical environment isn’t good.
[45:38] Dental options you love to practice and clinical you don’t like to practice.
[48:32] Message us if you’re interested in learning about 3D implants!
As always, thanks so much for listening! If you like the show, we would love for you to review the show on Apple Podcasts as well as spread the word! If you have any questions or want to get in touch, shoot me an email at email@example.com.
Links and Resources:
The Millennial Dentist Website
@Millennialdentist on Facebook
Dr. Sully…@Millennialdentist on Instagram
Dr. Peyman…@drpeyray on Instagram