Deciding to buy a dental practice versus doing a scratch start up is a huge decision. There are many factors to know prior to jumping in to one of those choices. This is your future and a huge investment so we need to do it right. Obviously, this is a personal choice that you need to know your exact budget first. Both are great choices IF you have a clear vision and a business plan ...
As a dental business coach, every year I get asked, "How do I bonus my employees?" This can certainly be a difficult decision on coming up with a logical way to pay each employee. After all, keeping payroll and overhead under control is one thing and showing your team appreciation is another. Our hearts want to spoil them, right? What's the end goals? Show Appreciation Celebrate Help Them Buy Something For Themselves Bring a ...
Being a dental coach all over the world, I constantly get asked "How do I drop my PPO's?" With the high costs and inflation that the pandemic caused, it is lowering the profit for dentists all over the world. I get their concern and you are not alone. For many dentists, it is a constant battle with keeping overhead under control. Coach Heidi Mount believes that have a clear business plan prevents business owners ...
Dentists hire me mainly because they are frustrated and plateaued. Many of the dentists who call me are looking for a dental coach or some guidance. What I notice is they have the same issues as those who are not using a true business coach. Some examples would be; they have had employee turnover, roller coaster income, issues with patients that "won't afford treatment", working way too much, unable to retire or unable to ...
Hundreds of dentists are frantically reaching out to me for help. They are overwhelmed, frustrated and scared. Why? Because of the mounting issues with the new way of starting back up. So many decisions to navigate and many dentists have so many irons in the fire that they do not know where to begin. Here's the deal, you need to do what's best for YOU and YOUR family. I am a business coach ...
Working as a dental coach all over the world, I see common patterns with struggling dental practices and successful ones. It is very important to discover why a dental office isn't growing and the differences between the ones who constantly reach higher levels. The Pareto Principle, also known as the 80/20 Rule, the law of the vital few, or the principle of factor sparsity, states that 80% of the effects come from 20 ...
Dentists get very overwhelmed with running their dental practice. One common factor we see is that successful dentists use a dental coach or dental consultant. It is great to put an advocate in your corner each step of your journey. My clients tell me that their business launched so much faster. Many of them had struggled for so many years and "didn't know what they didn't know." I can understand that too. Running ...
Experienced Dental Coach I am coaching dentists all over the world the importance of hiring right! In my opinion, this is the most important system to have in place. Hiring the wrong employees cause stress, headaches, drama and wastes your hard earn money. Keep in mind, "great employees" are usually working somewhere else and your hiring ad MUST attract the right fit for your culture. Studies show that over 70% of employees wish they had ...
Are you dreading going to work every day? Are you afraid of being trapped in the same place your whole career? We all can get stuck in a rut during our professional career, whether that means not getting enjoyment from your position, or working in a dead-end job with no potential growth. There is hope though, and her are four ways to acquire professional freedom and career excellence. Continue to Act The tiniest bit of ...
Appointments and continuing education consume most of your time. How do you manage to live a happy, well-adjusted, balanced life when you simply don’t have time? The key is in planning. Do you use a calendar to manage your time or do you simply make agreements and arrangements as they come up? Here is how you can balance your schedule by managing your calendar. Set Clear Boundaries The first step to achieving a work-life ...
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