DBM - Ownership: The Realities of Dental Practice Entrepreneurship vs. being an Associate

The Dental Practice Heroes Podcast

Ever wondered if the grass is truly greener on the practice ownership side of dentistry? Join me, Dr. Paul Etchison, and my colleague Dr. Justin Bhullar, as we dissect the alluring yet daunting leap from a cushy associateship to the helm of your own dental practice. Making big life decisions is no small feat, especially when it involves trading in a significant paycheck for the unpredictable yet potentially rewarding world of business ownership. In our candid conversation, we lay bare the facets of such a transition, examining the tenacity and aspirations needed to embark on this journey. We also consider the stark reality that initial years may not be as financially rewarding as one might hope—yet for those driven by the desire to shape their destiny in dentistry, this episode is an essential listen.
As we pivot to discussing the concept of junior partnerships, we illuminate an alternative path that combines the stability of employment with the taste of entrepreneurship. Hear the story of a dentist who dared to dream big, acquiring multiple practices while still cutting his teeth as an associate. We explore the significance of integrity, productivity, and the right mindset to navigate this middle ground between associate and full-fledged owner. For those dentists yearning to align their career choices with personal aspirations, and not the beckoning call of ego or peer influence, this episode could be a pivotal moment in your professional life. Join us for an episode filled with honest reflections and actionable insights, aimed at guiding the passionate dentist toward a fulfilling career in the world of dental practice ownership.

Are you ready to completely systematize and document the way you do things at the practice. The DPH OmniPractice Total Team Success Program is just that. Online Instruction, one on one sessions, sample documents, and worksheets...We take your office through 7 phases of practice transformation and teach you how to manage it all with your team. If you want a team driven systematized practice, go to dentalpracticeheroes.com

DPH Coaching
At DPH, we don't coach you on anything we haven't personally accomplished ourselves.
We provide:

• One on One Coaching for Doctors, or Doctors and Teams
• Group Coaching Programs for Teams
• Minicourses on every practice management topic you need to know
• Team Coaching for your Front Desk
• Exactly what you need to level up, whatever level of practice you are at.

Visit www.dentalpracticeheroes.com to Learn more, and check out our new 7 Phase OmniPractice Total Team Success Program to learn how to systematize your office, all while creating a leadership team to help you manage it all.

Κεφάλαια

1. Practice Ownership (00:00:00)

2. Transition to Junior Partnership in Dentistry (00:07:37)

3. Pursuing Passion in Dentistry (00:16:39)