Dental Sherpas

In today’s episode, Dr. Cedric Lewis and Matt Kennedy discuss the importance of defining your practice’s core values and using them as a framework through which you measure and communicate how the practice and your team is performing.

Many dental offices are struggling to retain or find employees in today’s post pandemic environment.  In today’s episode, Dr. Cedric Lewis and Matt Kennedy talk through strategies to deal with this issue.  Many times, employees think the owner puts profit before people.  This mindset among your employees is poison.  In this episode you’ll learn how to make sure that your communication with your team consistently wards off this damaging mindset.

We’ve identified 10 distinct phases that all dental practices move through while transforming into a business that outlives the owner/doctor and allows he or she to get out of the chair.  Over the next few episodes, Dr. Cedric Lewis and Matt Kennedy will discuss each phase, how to know  which phase your practice is in and what you need to aim for to get forward momentum toward the next phase. 

We’ve identified 10 distinct phases that all dental practices move through while transforming into a business that outlives the owner/doctor and allows he or she to get out of the chair.  Over the next few episodes, Dr. Cedric Lewis and Matt Kennedy will discuss each phase, how to know  which phase your practice is in and what you need to aim for to get forward momentum toward the next phase. 

We’ve identified 10 distinct phases that all dental practices move through while transforming into a business that outlives the owner/doctor and allows he or she to get out of the chair.  Over the next few episodes, Dr. Cedric Lewis and Matt Kennedy will discuss each phase, how to know  which phase your practice is in and what you need to aim for to get forward momentum toward the next phase. 

Most doctors, consultants, marketers, etc. focus almost entirely on growing production or top line revenue.  In today’s episode, Dr. Cedric Lewis and Matt Kennedy discuss how this narrow focus can certainly grow revenue but doesn’t necessarily equate to a better business. 

Because most dentists build their practice from the ground up and know everything about everything, they become the central hub for all questions and processes in the practice.  In today’s episode, Dr. Cedric Lewis and Matt Kennedy discuss how this “doctor as the hub” approach can have a devastating effect on the practice’s potential and it’s long term value.

Many Dentists believe that the main thing that makes their practice valuable is production/collections/profit.  While this can increase the value of the practice, it’s not the place to focus on to get buyers to pay a lot of money.  To understand what drives the value of a business, including a dental practice, look at it through the eyes of an investor.  In this mini-series, Dr. Lewis and Matt Kennedy teach you to do just that.  They break down the 8 principles that will exponentially drive up the value of your practice. 

Many Dentists believe that the main thing that makes their practice valuable is production/collections/profit.  While this can increase the value of the practice, it’s not the place to focus on to get buyers to pay a lot of money.  To understand what drives the value of a business, including a dental practice, look at it through the eyes of an investor.  In this mini-series, Dr. Lewis and Matt Kennedy teach you to do just that.  They break down the 8 principles that will exponentially drive up the value of your practice.