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 June 14, 2019
Do you wait for patients with a toothache to call you for an appointment? It’s time to stop hoping the business will come to you. No matter how busy you are, you need to constantly search for new patients. A steady stream of new dental patient referrals will keep your cash flow healthy and help […]
Posted June 10, 2019
Millions of women know what it is like to start again, whether it is moving on from a job that has become toxic, or boldly making a change in a family situation that is no longer fulfilling. For me, the struggle has been real over the past few years. Divorce can be a tangled combination […]
Posted June 07, 2019
As the saying goes, “there’s an app for that” and dentistry is no exception. From studying x-rays to making appointments, we rely on apps to help us more efficiently do our jobs. However, with the multitude of apps out there, it can be difficult to determine what deserves a download. So we’ve pulled a few […]