When new practitioners are encouraged to offer evening and/or Saturday hours to improve patient accessibility, it’s easy to infringe upon family time for both the doctor and his or her employees. Understanding one’s practice numbers and having a daily production goal, however, can be liberating.
Offering extended practice hours does not have to adversely impact one’s quality of life if the practice vision is clear, and statistics are carefully monitored each month. Tracking expenses through a cash-flow document and understanding how each category impacts the practice is the key to creating life balance.
Chuck Blakeman’s best-seller, “Making Money is Killing Your Business” (www.cranksetgroup.com), underscores this point! If you don’t understand your business, you will never get off the treadmill!
It wasn’t until I had allowed my own young practice to take time away from my family that I discovered this truth. Fortunately for me, I also discovered the answer while experiencing “The Dentist as Entrepreneur,” an incredibly valuable seminar offered by the Pride Institute (www.prideinstitute.com). Rebranded as “Managing by the Numbers,” this flagship seminar, taught by Pride CEO, Amy Morgan, is a “must attend” program if one wishes to “escape the treadmill.”
Knowing one’s numbers and what those numbers mean, empowers the dentist-entrepreneur to enjoy balance in his or her personal and family life, because such knowledge means freedom. If you lack life balance, make sure you take whatever steps are necessary to control your practice rather than letting it control you. Not only will you avoid burnout, but you’ll see your kids grow up! Sweet!
Posted October 09, 2019
No business is an island, and no dental practice can be successful without the right help. If you’re running a dental office, you need to make sure to cultivate certain relationships. Below are four professional relationships that every dental office needs to maintain. Marketing Professionals Marketing is the lifeblood of any business. Having connections in […]
Posted October 07, 2019
Have you ever called a company’s support number only to find yourself stuck navigating dial pad responses and arguing with a robot? These days, getting a real person on the phone at a business is nearly unheard of. Automated phone services, AI messaging, and other prerecorded voice systems have replaced traditional customer service portals. There’s […]
Posted October 04, 2019
It’s that time of year again – yes, it’s Dental Hygiene Month! For me, it’s an opportunity to reflect on my journey in the dental industry that began 25 years ago, when I first practiced as a registered dental hygienist. My mission of providing the best possible patient care has intensified over the years, and […]