by [email protected] | Apr 24, 2024 | Enjoying Cash Flow
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Feeling stuck in a rut with your dental practice? Discover strategies to inject excitement and purpose back into your daily routine.
Join Dr. Dave as he draws on insights from renowned entrepreneur Paul Graham’s essay, ‘How to Do What You Love.’ Learn how reigniting passion can dramatically improve your dental office.
This episode offers practical advice on revitalizing your practice, enhancing team dynamics, improving patient care, and boosting profitability—all through creativity and joy.
We’ll also examine the cultural reasons behind our dread of work and offer actionable steps to overcome this negative mindset.
- Rethink Work Culture: How can addressing our beliefs about work lead to better financial and personal outcomes?
- Enhance Team Dynamics: Is a fun and engaging work environment the key to boosting productivity?
- Superior Patient Care: Discover how a happier team can provide unparalleled care and generate more word-of-mouth referrals.
Don’t resign yourself to lackluster workdays. Listen now and start revitalizing your practice into a more enjoyable and profitable endeavor!
Are you ready to upgrade your practice? Need help implementing the Dentists Ascend Method? Don’t miss Dr. Dave’s presentation: ‘How to Build a Referral-Centric, High-Profit Dental Practice Without the Team Drama — Even if You’re Currently Overwhelmed.‘ This resource is tailored to help you enhance your operations, boost patient referrals, and increase profits while creating a self-managing team. Perfect for any dental practice owner looking to win in today’s challenging environment. Check it out now!
Key Quotes:
- “In the world of dentistry, where the precision of your practice intertwines with the satisfaction of your patients, loving what you do is not just a matter of personal fulfillment. It’s a real cornerstone of long-term success and financial prosperity.”
- “A practice led by passion rather than obligation is more likely to attract and retain both patients and the most talented team, fostering a thriving business environment.”
- “Encouraging your team to discover joy in their work, whether through continuous education, patient interactions, or community involvement, can redefine their professional lives and lift the entire practice to a new level.”
- “It’s essential for dental practice owners to look beyond the financial gains and the societal recognition that we receive when we’re defining our professional path.”
- “This mantra is vital for dental practice owners who must continually evolve to stay relevant in a rapidly changing field. Keep moving. Don’t get complacent.”
Featured on the Show:
- People: Paul Graham, is an English-born computer scientist, entrepreneur, and essayist. He is known for his work on the Lisp programming language and for co-founding Y Combinator, the influential startup accelerator that launched companies like Dropbox, Airbnb, and Reddit.
- People: David Senra, hosts The Founders Podcast, dissecting the lives of influential entrepreneurs to share actionable lessons. He emphasizes the value of learning from history’s business leaders, innovators, and strategists.
- Essay: How To Do What You Love, Paul Graham
- Blog: The Key to Motivating Your Dental Employees, Relentless Dentist Podcast
- I appreciate your feedback. Let me know what you learned and loved here: [email protected].
by [email protected] | May 3, 2023 | Prescriptions for your Practice
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Are you tired of feeling stuck on the never-ending treadmill of chasing extrinsic rewards like money and fame? Do you feel like no matter how much success you achieve, satisfaction and joy continue to elude you? As a dental practice owner, it’s easy to fall into the trap of being motivated solely by external factors, but this approach is ultimately unsustainable and can lead to poor mental health and burnout.
Let’s dive deeper into the world of intrinsic motivators and how they can transform your dental practice and your life. As a leader, it’s your job to model the way and align your actions with your core beliefs and values, providing you with a sense of purpose and fulfillment.
In this episode, I discuss why chasing money will undermine your practice.
- So if you want to create an unfair dental practice advantage…
- If you want to discover the keys to sustained high motivation and high productivity…
- If you want to understand why curiosity leads to profitability so that you can get control of your career and life…
Tune in now!
Listen in and find solutions to common practice issues at Prescriptions for Your Practice.
Join The Leading Dentist Collective – the free collaborative community for single-location dental practice owners who want to unleash their people, profits, and purpose.
Key Quotes:
- “Extrinsic motivators, think of this as the carrot and stick approach, they work until they don’t.”
- “You’re already enough. You’ve already proved yourself. You’re already a person of value. So just work to serve people.”
- “When people organize their behavior in terms of intrinsic strivings, relative to the extrinsic strivings, they seem more content.”
- “When we’re generating autonomy effectively, we’re doing what we’re doing because of interest and enjoyment and because it aligns with our core beliefs and values.”
- “Through that journey, that mastery path towards personal growth and excellence, guess what happens? You become more valuable. And then guess what happens? You get paid more.”
- “Intrinsically motivated people, dentists, in this case, tend to set goals that are challenging but achievable, which helps build confidence and self-efficacy.”
Featured on the Show:
by [email protected] | Mar 22, 2023 | Prescriptions for your Practice
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Ready to break free from the shackles of perfectionism and build the dental practice of your dreams? Discover the hidden costs of perfectionism, the power of an optimalist mindset, and how to boost your practice’s performance while reducing stress and enhancing patient satisfaction.
By embracing an outstanding approach, you can start reaping the rewards of a more balanced and flourishing dental practice today. Don’t let the pursuit of the unattainable hold you hostage any longer – it’s time to take control and build the dental practice you’ve been dreaming of.
Doc, did you know that perfectionism is the LOWEST standard?
- If you want to understand why optimalism beats perfectionism every day of the week…
- If you want to enjoy more cash flow in your business…
- If you want to turn off the struggle switch so you can build the most trusted, profitable dental practice in your area…
Tune in now!
Listen in and find solutions to common practice issues at Prescriptions for Your Practice.
Join The Leading Dentist Collective – the free collaborative community for single-location dental practice owners who want to unleash their people, profits, and purpose.
Key Quotes:
- “Perfectionism leads a dental practice owner to tremendous self-judgment and tends to make all business pursuits more arduous.”
- “Perfection is the lowest standard in the world. Because if you’re trying to be perfect, you know you can’t be. So what you really have is a standard you can never achieve. You want to be outstanding, not perfect.” – Tony Robbins
- “Striving for perfection often means sticking to proven methods and not venturing into new territory, which can hinder growth and the ability to adapt to changing market conditions.”
- “A perfectionist may set unrealistic expectations leading to frustration, dissatisfaction, and high employee turnover.”
- “As a dental practice owner, you have the tools that allow you to grow your dental practice with less stress and toil.”
Featured on the Show:
by [email protected] | Jan 18, 2023 | Prescriptions for your Practice
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The misconception that influence is something you either possess or lack can lead to feelings of being overlooked and denied. However, influence is a skill that can be developed and used in combination with your clinical expertise to drive successful case acceptance and patient referrals.
Today, let’s talk about overcoming the challenges of failed case acceptance, lack of patient referrals, and negative reviews by embracing the power of influence.
Dentists: do you ever feel like your patients are ignoring you?
- If you want to become the most referable dentist around…
- If you want to start bigger cases…
- If you want to know who your patients want to give their business to so that you can make it easy for them to say YES!
Tune in now!
Listen in and find solutions to common practice issues at Prescriptions for Your Practice.
Join The Leading Dentist Collective – the free collaborative community for single-location dental practice owners who want to unleash their people, profits, and purpose.
Key Quotes:
- “I feel like our industry needs a more robust discussion about people’s problems. That’s the heart of what’s going on now because people are getting more and more complex, and I think there needs to be a place for meaningful discussion to solve these.”
- “Influence is really a skill. And if you can appreciate that, it’s a skill of being able to cause change, then you can develop it as a skill and use it synergistically with the clinical skills that you have developed and are continuing to develop.”
- “It’s a great dichotomy of leadership and influences that you increase your power by reducing it.”
- “The better that we are at creating a great experience in delivering clinical excellence, the more we receive as a team.”
Featured on the Show:
by [email protected] | Jul 27, 2022 | Prescriptions for your Practice
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“People don’t buy what you do; they buy why you do it and what you do simply proves what you believe.” – Simon Sinek
What’s your purpose as a dental practice owner? Why are you doing what you’re doing? But while you seek out your purpose, why not create a “Why Stack” that you can use to leverage on yourself and keep you going in good times and in bad? I want you to have a thriving practice with plenty of cash flow and high profits. But most importantly, I also want you to enjoy it because that enjoyment part is a requirement.
In this episode, I discuss how to avoid the two BIG cash flow killers.
So if you want to understand how dentists stay motivated in challenging times and finally answer the question “what’s in this for me?” so you can consistently increase your income and net worth, tune in now.
Listen in and find solutions to common practice issues at Prescriptions for Your Practice.
If you enjoyed this episode, please share it with your dentist friends. Check my Instagram (@dr.maloley) and TikTok (@dr.maloley) for your daily dose of thought-provoking content so that you can be a better practice owner. Don’t forget to subscribe to the show on iTunes to get automatic episode updates for The Relentless Dentist! And, finally, please take a minute to leave us an honest review and rating on iTunes. They really help us out when it comes to the show’s ranking, and I make it a point to read every single one of the reviews we get.
Key Quotes:
- “I think the important underlying conversation to succeeding beyond standard norms over the long term is how do we get enhanced results while reducing stress? Because if we don’t reduce that stress, then bad things happen.”
- “The problem is that there are all these books, hundreds of books talking about finding your purpose, right? And I feel like purposes are now positioned as this big elusive thing.”
- “If you’re gonna be good at leading a team and your team is gonna be good at leading patients to do the right thing for their health, then you’re gonna need more than extrinsic motivating factors.”
- “I think there’s a greed slash ego slash selfishness issue in modern society. But the thing I will say is I do not think that’s a problem with most dentists.”
- “Generally speaking, we are happier when we’re spending money on experiences and less happy when we’re spending on tangible items. But that’s not exactly true either, right?”
- “If you’re a solo practitioner, you get to decide and choose a path of being not on demand, but in demand.
- The more valuable we are, the more income we have.”
- “A little frustration is actually a good thing because you’re uncomfortable and you’re gonna find a resolution.”
Featured on the Show:
