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Discover the 5 Business Engines with Kim McGuire

Quotes & Notes:Discover the 5 Business Engines with Kim McGuire - RD Podcast

  • We know that the future of dentistry lies in digital technologies and patients love it and they are going to come to expect it from most dental practices.
  • We really want the practice to come up with a strong vision, however, it has got to start at the top; it has got to start with the doctor.

Our tagline is Extraordinary Practice, Extraordinary life because we really want our clients to have both.

  • One [engine] might be your business engine, and I think this might be one of the most important, because let’s face it, as long as we are not running in a nonprofit organization, we want to make sure our business engine is running strongly.
  • Sales and marketing we are really looking at branding and identity. So when I say branding I am talking about the emotional connection people have with your brand. And then there is your identity and that would be your logo.
  • There needs to be a new patient system. We also need to look at scheduling. We also need to look at our financial systems. We also need to look at the re-care and reactivation system. So there are many, many, many systems.

What is your clinical vision, and also connect with your hygiene team to really connect on what is the standard of care in this practice?

  • The people engine is yes, do I have the right people on the bus, on the right seats on the bus, and do they all know where the bus is going?
  • All companies have these five business engines, but it all has to go back to, is this moving me towards or away from my vision?

If you would like to learn more from Kim McGuire, be sure to check out her website fortuneofcolorado.com or [email protected], or you can even find them on Facebook or Twitter.

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Dr. Gina Dorfman: Surround yourself with successful people

Quotes & Notes:Dr. Gina Dorfman: Surround yourself with successful people

  • “If everything seems under control, you are just not going fast enough,” Mario Andretti.
  • I don’t know if coming from Russia you really want something of your own, but I really wanted to run a business and dentistry seemed like a good fit.

It doesn’t matter how many hours we spend on each activity, it’s not how much time you spend with your kids versus our work, it is how present you are whenever you do the thing you do.

  • When I graduated from school I realized I really did not have enough clinical skills, and eventually, I found Dentaltown and I learned how to do dentistry on Dentaltown.
  • People around you will either bring you up or bring you down. If you want to be successful you have to surround yourself with successful people.
  • I’ve had many failures, I’ve had many punches and what do you do? You roll with the punches, you live with that.
  • A happy person is able to accomplish more and become more successful.
  • We (women in the profession) have to get rid of that guilt. Our kids need successful mothers. It’s ok to let your kids be a little bit more independent of you.
  • What we have done [with YAPI] is solve problems that just about every office struggles with. We build the software around what we thought was the best way.

If you would like to learn more from Dr. Gina Dorfman or YAPI, you can find her at Dentaltown, email her at [email protected], or visit her website yapicentral.com.

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Taking on “the Corporates” – Lessons for “the Little Guy”

Quotes & Notes:Taking on "the Corporates" - Lessons for "the Little Guy" - Jake Puhl

  • Fear isn’t bad. We have to control it and make good decisions, but a lot of times fear causes us to change how we are doing things.
  • If we are boxing the corporates, they have some soft spots in their belly and that is where we are going to hit them. If you are a solo practice and you think you have a better quality of care, then your reviews have to show that.
  • The thing about corporates is that they are big and some would say slower to react. So corporates, they can’t have really, really good websites. Whereas solo practice can have an amazing built out, wonderful, a lot of great images of the staff, very well explained, you know really touching on the fears of the patient in the website.
  • One of the best things that work is actually if the front staff can have somebody pull out their cellphone and just leave it (the review) from their cellphone.

Dentistry is an emotional industry for patients. So they go to your website and what do they want? They want to learn about you, they want to trust you, so the second most visited page is the about us page and about the doctor page.

  • The first thing is being smart. In order to be smart we have to track things… because what we are going to do, we are going to try a few things, track them, and then take money out of what is not working and put it into what is working.
  • It’s about being agile because we are smaller and we can be jumping on those new opportunities (Facebook ads, YouTube ads, and the likes).
  • If we can get really good at digging deep into what that patient is thinking and feeling, then we can have an insight on how to build trust. One way to build trust is through education.
  • We really are big on special offers. If you are talking about a $40,000 case, giving up a $99 exam is an absolute no brainer.

If you would like to get in touch with Douglas Jacob Puhl you can reach him at firegang.com/relentlessdentist/ to check out some freebies and tools to help you out.

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Dr. Jason Lowry: You can be a great clinician AND a great entrepreneur

Quotes & Notes:Dr. Jason Lowry: You can be a great clinician AND a great entrepreneur

  • “You can have everything in life you want if you will just help enough people get what they want,” Zig Ziglar.
  • “Do or do not, there is no try,” from Star Wars.
  • Growing up I worked hard and my dad was very successful, he owned some newspapers; so I was always taught hard work.
  • I don’t know how I made school a career because I am a horrible student. But since dental school, I mean, I am a voracious reader. I can’t get enough of learning…I’m always at a CE course.
  • “You can be a great clinician and a great businessman,” Mark Costes. After I had that conversation with Mark and had a paradigm shift, we just grew exponentially. Now we are a multi-million dollar practice.

It’s just like everything else; there are few things in dentistry that we can do that are not repairable. Just get in there are get started.

  • (On the change in insurance) And I said to myself, there are two options here, either I put a gun in my mouth, or you put on your big boy pants and you get through this, you figure it out.
  • I’ve just had to become much more efficient and purposeful with what I do with my time.
  • That’s when we got together with a graphic designer and took all of our backwoods modality of the whole thing, polished it up, and made it beautiful, and really dialed in all the ins and outs of the whole thing, to make it so another dentist can get this kit. It is just super straight forward and easy to implement.
  • No matter where you are at in your practice, if you find a mentor, if you read a ton, join a mastermind group, whatever, but there is no need to reinvent the wheel. You find somebody who is doing or has done, and you latch onto their coattails.
  • Dr. Jason Lowry would suggest every dentist read How to Win Friends and Influence People by Dale Carnegie.

If you would like to learn more from Dr. Jason Lowry, or about his product, you can go to catalystdentalsolutions.com or implantmarketingkit.com or even email him at [email protected].

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Dr. John Nosti: Victory is reserved for those who are willing to pay the price

Quotes & Notes:Dr. John Nosti: Victory is reserved for those who are willing to pay the price

  • We (Dr. John Nosti and his other lecturers) are not there to try to make ourselves look better, to try to make ourselves feel smarter, by talking down to the group. We are there to kind of elevate everybody because we have been there.
  • Don’t forget to keep your bread and butter practice strong for that allows you to do the add-ons, and allows you to be really successful.
  • Victory is reserved for those who are willing to pay the price.” If you really want something, and you get yourself behind it and, you believe in yourself then it is going to happen for you.

Really getting exposed to all of those phenomenal speakers (at my residency) was really the turning point in my life.

  • I commend people who come out of [dental school] and buy themselves open a practice out of scratch. Personally, if I was doing something like that nowadays, I would feel confident buying out someone’s practice.
  • If I am going to be good at something, I really have to work at it and I really have to know it, if I am then going to perform it in my practice.
  • I really think there are two things that you really need in life, and one of those things is you need a good vision, and you need a why.
  • In today’s world, if you don’t have a website you are not practicing dentistry. That is number one. Number two, I would highly recommend, if you want to differentiate yourself you don’t slap up a two thousand dollar website that the person down the street from you has the same outline on their website.

Everybody has failures, everybody.

  • Dr. John Nosti would recommend every dentist read Change your Questions, Change your Life by Marilee G. Adams.
  • If you would like to learn more from Dr. John Nosti you can find him on Dental Town, Facebook, and LinkedIn (at John Nosti). Be sure to also check out his lectures, the Clinical Mastery Series.

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Dr. Brady Frank: Act as if it were impossible to fail

Quotes & Notes:Dr. Brady Frank: Act as if it were impossible to fail

  • Maybe there was a system, or a system that could be created, that had all of those positive attributes of the multiple systems I was using and maybe I could simplify my life.
  • If we act as it is impossible to fail, then it shall be. When you imagine that success will be guaranteed then you will simply take action, and when you act on that premise, a whole series of forces begin.

Very few people that experience achievement or success have everything planned out.

  • There are a lot of guys retiring, so why don’t I interview them and see what their ideal retirement would be. So I interview dentists primarily in the areas that I thought I wanted to practice, and to my amazement, after I asked each of these dentists twelve questions, thirty-two of the seventy-two offered to sell me their dental practice.
  • Realizing that I loved this whole environment of dental transitions, I took over a company called Phasing Out Seminars.
  • I visited those nine practices (that had huge overhead and take-home) and put together twenty-four principles that those nine practices were using. A lot of procedures that we teach at Osteoready are procedures that these dentists that had uncommon success in their practices were using.
  • Now I don’t teach on transitions anymore, I have my own private practice that we have co-owners or part-owners to.

Nobody likes the dark times, but in my life, they have helped me grow the most.

  • Dr. Brady Frank would suggest every dentist look at E Myth by Michael Gerber, John Maxwell’s books on leadership, The 100 Absolutely Unbreakable Laws of Business Success by Brian Tracy, Think and Grow Rich by Napoleon Hill, as Dan Kennedy’s books, as well as Multiple Streams of Income by Robert Allen.

If you would like to get in contact with Dr. Brady Frank, the best way to reach him is at his email – [email protected].

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Scarcity in The Influential Dentist Series with Dr. Chris Phelps – Part 8

Quotes & Notes:limited_time_offer

  • The principle of scarcity basically says when resources become limited suddenly we want it more, simple as that.
  • Believe it or not, limited quantity has more influence and more power than a limited time.

You are more apt to use this principle to get people to take action today.

  • In using this principle you have to remember that in dentistry we are taught to sell the benefits of treatment. Well the reality is that people actually care more about what they stand to lose than what they stand to gain.
  • The more principles that can be present, the more we can use contrast together just ramps up the whole effect.
  • There is a huge opportunity for all of us. In the end of the year, like the end of October, you should have a postcard designed that says use it or lose it… If you haven’t used your dental insurance this year it resets this year.

If you would like to learn more from Dr. Phelps or go to one of his workshops, visit the website – www.guidethemtoyes.com.  You can request a private workshop or email him at [email protected]

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Consistency in The Influential Dentist Series with Dr. Chris Phelps – Part 7

Quotes & Notes:

  • Consistency is an interesting topic because it is the number one thing that I Consistency in The Influential Dentist Series with Dr. Chris Phelps - Part 7see that we fail at in dentistry today. It probably is the number one cause for the majority of the problems that happen in our dental office.
  • When people make a commitment to something, when they take a stand on something, then there is a lot of internal and external pressure on them to stay consistent with the stand they made.
  • One of the ways I used that in my case acceptance is this:  I have a new patient form that they fill out and I get them to tell me who they are and I make them write it out. I go over that in our first patient interview.
  • I put that language in my telephone conversation. Now when my team ends the call, they say, “Will you please call us if you need to cancel or reschedule your appointment?” (By responding yes, the patients are making a commitment to the appointment.)
  • The more public the knowledge is of the commitments you made, the more powerful the consistency is for you to follow through with what you said you are going to do.

 If the text or email alert has their first name or their nickname, in the subject line then they are more likely to show up.

  • If you asked the patient to speak back to you their date and time before the call ends, you will decrease no shows another three percent.
  • We try to get more automated, we try to do more pre-printed stuff to make it easier, more automated on everybody but the reality is you lose a lot of the influence, power by doing that.

Be sure to check out the last episode, about Scarcity, with Dr. Phelps which will air tomorrow.

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Authority in The Influential Dentist Series with Dr. Chris Phelps – Part 6

Quotes & Notes:Authority in The Influential Dentist Series with Dr. Chris Phelps - Part 6

  • In the absence of understanding topics or what to do in a situation, we look to credible authorities to tell us what we should be doing in that situation.
  • You wear whatever you want that is comfortable to you, but if you are giving treatment to someone or you are going over finances with somebody, you better put the white coat on.

You will be more successful with the white coat on than without it.

  • It’s better to be an authority than in authority.

The best thing you can do is have other people present you as the authority before you get to the patient.

  • Put your credentials on the wall…. get the staff credentials on the wall.
  • Testimonials and reviews can build you up as the authority. Look at all of these people that come here, this guy must know what he is doing. If you have people that are in the same field, or the same education level, building you up as the authority, that has more influence.
  • In the reception area, you want to put up things that will reduce their uncertainty about being in that practice.
  • You have to figure out, what are you trying to influence this person, and what uncertainty are you trying to reduce in the place they are at, at that time.
  • It takes a lot of time to build trust with people. One of the ways we can short-cut that is by revealing something negative about our case, revealing a weakness before we go into the treatment plan proposal.

Be sure to check out the next episode about consistency with Dr. Phelps which will air tomorrow.

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Social Proof in The Influential Dentist Series with Dr. Chris Phelps – Part 5

Quotes & Notes:consensus_building

  • When you think of social proof, think of the word consensus.

    This basically means in the absence of knowing what to do in a situation people look to others around them to show them what they should be doing.

  • It can be very powerful in general if you have a consensus of information that you can show your patients on what the masses in your office are doing.
  • How can we show consensus in a dental office? Well, believe it or not, it’s with our review of our testimonials.
  • After saying 76% of people chose to pay their taxes on time, just sending out that simple little message, resulted in 600 million more pounds being collected by the due date. It actually pushed them into over 90% of people paying on time.

Just by changing that language slightly, you are going to get more people to pay on time, either today or by that first bill, as a result.

  • Google plus reviews are one of the best things you can get right now for free search engine optimization. Your local search engine rankings will skyrocket if you get more google plus reviews.

Be sure to check out the next episode about authority with Dr. Phelps which will air tomorrow.

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