Too many dentists try to scale before they’re ready and end up building a house on sand. 

In this episode of the Secure Dental Podcast, Dr. Vivek Solanki discusses the importance of mastering a single practice before scaling into a DSO and the need to prioritize patient care. He emphasizes the significance of standardizing clinical operations, building a strong foundation, and fostering mentorship to ensure sustainable growth, profitability, and effective leadership.

Tune in to learn what it really takes to grow a successful DSO without compromising patient care!

Connect with and follow Dr. Vivek Solanki on LinkedIn or reach out via email.

Follow Polaris Healthcare Partners on LinkedIn and Instagram, and explore their website! 

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What if your daily dental routine could simultaneously support your health, the planet, and mental well-being?

In this episode of the Secure Dental Podcast, Belinda Lau shares her journey of creating a sustainable dental care brand with clean ingredients and eco-friendly packaging. She emphasizes the importance of mental wellness, support networks, and real-world experience in entrepreneurship.

Tune in to discover how Belinda built a purpose-driven brand and how her story can inspire your journey to impact and wellness!

Connect with and follow Belinda Lau on LinkedIn.

Follow ELIMS on LinkedIn and Instagram and visit their website! 

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Dental practice owners should begin preparing their businesses for eventual sale from day one, focusing on making themselves self-sufficient long before they intend to exit. 

In this episode, Dr. Ruth Mannschreck emphasizes transforming a practice into a business that runs itself, enhancing saleability and significantly improving the owner's work-life balance. Ruth details her "Prep It to Sell" framework, including four pillars for a successful sale: increasing practice value beyond just financials, decreasing buyer risk by diversifying dependencies, clearly defining your unique competitive advantage, and making the practice a turnkey operation. She also warns against common errors like waiting too long to prepare, narrowly focusing on associate buyers, which can depress value, and misunderstanding diverse buyer motivations. 

Tune in and learn actionable strategies for maximizing your dental practice's value and ensuring a smooth, profitable, and fulfilling transition!

Connect with and follow Dr. Ruth Mannschreck on LinkedIn, or email her directly here.

Explore Shoreline Strategies LLC’s website! 

Learn more about Shoreline Strategies LLC’s programs here!

Listen to the Team Led Business Success Podcast on Apple Podcasts.

Get Ruth’s free “10 Things to Do Before Selling a Business” Checklist here.

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A clear vision is essential, but the end goal should be well-defined with valuation expectations, post-sale structure, and employment terms. 

In this episode, Diwakar Sinha discusses strategies for dental practices to scale, expand, and ultimately transact. He explains the importance of determining the "why" behind scaling, considering the post-transaction landscape, and understanding valuation expectations. Diwakar also provides practical advice on capital acquisition, responsible debt management, and the challenges associated with growing from one to multiple locations, including the "black holes" at practices three and five. 

Tune in and learn how to prepare your practice for successful scaling and potential transactions, while ensuring you're building towards a financially secure future!

Resources:

Connect with and follow Diwakar Sinha on LinkedIn.

Learn more about Polaris Healthcare Partners on LinkedIn and their website.

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The fellowship programs at NYU College of Dentistry are transformative and provide students with both clinical skills and comprehensive leadership training.

In this episode, Dr. Anabella Oquendo, Ryan St. Germain, and Candy Tobar discuss the importance and impact of fellowship programs in dentistry. The guests highlight the importance of entrepreneurship, business acumen, communication, and high-performance habits in shaping well-rounded dentists. Anabella and Ryan also address work-life balance challenges, especially regarding balancing their professional and personal lives. Moreover, Ryan and Candy speak about their work to explore the community and make others aware of the programs. Finally, Dr. Oquendo shares her vision for the program's future, focusing on holistic health, leadership development, and technological advancements. 

Tune in and learn how these fellowships are shaping the future leaders of the dental profession!

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What if selling your dental practice could be an exciting, high-energy experience instead of a stressful process?

Elijah Desmond discusses his approach to dental practice brokerage in this episode of the Secure Dental Podcast. He highlights common seller mistakes and emphasizes that failure is a learning experience. He also defines success as balancing health, family, and finances, which requires adaptability.

Tune in to learn about the future of dental practice sales, the biggest mistakes to avoid, and how to create a winning exit strategy!

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What does it take to build and scale a thriving dental practice while maintaining a strong leadership mindset?

In this episode of the Secure Dental Podcast, Dr. Jim Arnold shares his journey of expanding his dental practice and emphasizes the importance of mentorship and continuous learning. He advocates for a mindset of self-awareness and investing in personal growth to achieve success in the dental industry.

Tune in for an inspiring conversation with Dr. Jim Arnold as he shares his journey, insights on business growth, leadership strategies, and the power of mentorship in the dental industry!

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Leadership is a journey, not a destination, requiring continuous learning and growth to achieve lasting success. 

In this episode, Keith McLachlan shares valuable insights into building a successful business, emphasizing the importance of solving problems and providing value to clients. He details how his company supports dental practices by optimizing its culture, processes, and talent acquisition, ensuring a "triple win" for clients, candidates, and their own firm. Keith also covers the consulting aspect of his work, including advising on commission plans, SOPs, and sales process training for startups. Finally, he shares his thoughts on the importance of leadership and culture in a dental practice, and how that helps with talent acquisition and retention.

Tune in and learn how to build a thriving dental practice by focusing on leadership, culture, and strategic talent acquisition!

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What does it take to transform a dental practice from simply surviving to truly thriving?

In this episode of the Secure Dental Podcast, Dr. Tarek Aly discusses the importance of bridging the gap between clinical excellence and business acumen in dentistry through standardized systems, strong leadership, and strategic growth. He emphasizes the need for structured processes, a clear mission and vision, and a holistic approach to success that balances professional ambitions with personal well-being.

Join Dr. Tarek Aly as he shares invaluable insights on bridging the gap between clinical expertise and business success, revealing the key strategies that drive sustainable growth in dentistry.

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Are you struggling to attract, retain, and align top-performing associates in your group practice?

In this episode of the Secure Dental Podcast, Perrin DesPortes and Adin Bradley discuss strategies for structuring associate equity models and profit-sharing arrangements in group dental practices to attract, retain, and align top-performing doctors with organizational goals. They explain how thoughtful structuring of these models, such as partial buy-ins, earned equity, and profit-sharing, is essential to mitigate risks, maintain operational control, and create a mutually beneficial partnership for associates and practice owners, as traditional 50/50 partnerships are often unfeasible in modern group practices due to high valuations and financing limitations.

Tune in and dive deep into the nuances of associate equity models and profit-sharing strategies to create a thriving, stable dental business!

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