Episode 652

Owning a Practice vs Being a Dentist

Host: Gary Takacs | Published Date: July 10, 2024 | Listening Time: 0:47:18

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Welcome to another episode of The Thriving Dentist Podcast! Today, we’re diving into a topic that’s probably crossed your mind more than once: Owning a Practice vs. Being a Dentist. Ever found yourself wondering which path might be the best fit for you? Whether you’re thinking about running your own practice or focusing on a specialty, there are no bad choices—it’s all about what feels right for you.

We’ll chat about what makes each career path unique and why it might be the perfect fit for you. And if you’re considering owning a practice, stick around. We’ll share the five key skills you need to make it a success.

So, join us for a friendly and insightful conversation to help you navigate your dental career with confidence and passion. Let’s get started!

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3 Practice Building Technologies Worth Considering

    Timestamps

    • 00:00:29 – Introduction
    • 00:00:53 – Announcements
    • 00:02:38 – Clinical Tip by Dr Romik Vadhvana, “Use of technology to boost efficiency and patient experience in Dental  office”

    CIA Segment

    • 00:06:55 – Owning a Practice vs Being a Dentist
    • 00:11:06 – What Skill Sets are Necessary to be a Successful Practice Owner
    • 00:18:19 – What Culture Would You Practice Culture All About?
    • 00:20:21 – Having a Visionary Mindset

    Q&A Segment

    • 00:26:18 – Q1 – What are some effective ways to create accountability within my team?
    • 00:30:49 – Q2 – I must have a strong marketing presence as a business owner. What do you think my goals should be with regards to marketing?
    • 00:37:58 – Q3 – I know that to compete against DSOs, I need to be relationship-driven. Can you talk more about that?
    • 00:41:32 – Q4 – What is a reasonable amount of time required to manage my practice successfully?

    Resources

    Grow your practice with high-quality patients using high-quality marketing tools.

    More About EKWA Marketing!

    Increasing the Value of Your Practice Every Year

    Sign up for this webinar!

    Thriving Dentist Coaching
    Learn how to create a thriving dental practice step by step by joining the Thriving Dentist Coaching sessions.

    More Information On Coaching!


    Gary Takacs

    Gary Takacs Gary became a successful practice owner by purchasing a fixer-upper practice and developing it into a world-class dental practice. He is passionate about sharing his hard-earned insights and experiences with dental practices across the globe.

    As a dental practice coach, Gary provides guidance for dental professionals on how to create a healthier practice style that lets them deliver excellent patient care while reducing depending on insurance.

    More importantly, Gary’s insights are not just based on theory – as a co-owner of a dental practice, he has first-hand experience in making this transformation from a high-volume and low-fee insurance model to a fee-for-service approach that is more sustainable and promotes a patient-centric and financially healthy dental practice, and he is dedicated to sharing this knowledge with other dental practitioners via the popular Thriving Dentist Show!
    Connect with Gary Takacs on Linkedin
    Podcast Assistance by Jodey Smith, Rodecaster Expert