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How to Be Antifragile

I’d rather be dumb and antifragile than extremely smart and fragile, any time. — Nassim Nicholas Taleb

In this time of uncertainty, where do you find an anchor where you can draw strength to take on the challenges in your dental practice and push outside your comfort zone? We no longer live in a world of a predictable future. We need to become antifragile to become stronger as we face adversity.

This episode will talk about several ideas, tactics, and practices to help you become more antifragile and how you can fall in love with volatility. I will also share some examples of famous people taking on antifragile identity. Have you heard about Eleanor Effect? Listen in and learn how this can help you improve your day-to-day life.

Tune in and find solutions to common practice issues at  Prescriptions for Your Practice.

Key Quotes:

  • “They [comedians] were talking about how challenging writing sketch and standup comedy is today because people are so thin-skinned, and you can’t do any political humor without getting half the people off.”
  • “If you can truly become antifragile, it’s an unfair advantage in the next five to 10 years for you as a practice owner.”
  • “It’s a bad time to be a fragile practice owner, and even a robust practice owner will have challenges with the uncertainty and the volatility that’s been here for the last couple of years.”
  • “An antifragile leader will create a higher level of confidence for himself and be the role model for an antifragile culture.”
  • “We’re paid based on our ability to receive threats and turn them into solutions.”
  • “It’s really beneficial to be very intentional about doing one thing that scares you every day.”
  • “The future will get more and more unpredictable as we go on. So it doesn’t really benefit us to try and predict the future, but it does benefit us to be prepared for the future.”

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Skip the Scarcity

Scarcity in abundance. These terms get a little overused, like gratitude, blessed, abundant. We can feel these things, or we can use these things as tools. And the problem that I see here is that we’re living in a vortex of scarcity. We quickly get lost in the labyrinth of overabundant resources that we fail to focus on and address issues that will keep our culture and practice sustainable.

This week’s topic is enjoying cash flow. Today’s episode talks about how you can use abundance as a tool or develop tools that lead you to abundant thinking that make sure that you are taking suitable risks and making the right choices for today, tomorrow, and the future. So listen, take charge, and lead the way!

Tune in and find solutions to common practice issues at  Prescriptions for Your Practice.

Key Quotes:

  • “Social media is really designed to create insecurity.”
  • “We very intentionally engineer our days to keep us focused on what’s good and what’s possible. Thinking abundantly helps you enjoy cash flow because you’re seeing the opportunities, and you’re taking the calculated risks that keep a practice growing and evolving right.”
  • “If you’re going to transform a business or a person, it all starts by transforming a story.”
  • “We have to realize that our brain is not designed for wealth. It’s not designed for prosperity. It’s not designed for great days. It’s designed to keep you safe and alive.”
  • “Optimism needs to be had with a healthy dash of skepticism.”
  • “If you don’t show up with real hope and real abundance, forget about it. Your team is not going to either.”
  • “Since I was a little kid, they would say, You are what you eat. Now a lot of our diet comes in from our eyes and our ears because of media.”
  • “An investment in your team and your patient experience is the most profitable and predictable investment out there.”

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A Patient Experience Is Now Essential

According to the 2018 Gladly customer service expectation survey, 68% of customers are willing to pay more if a company offers them excellent service.

How well do you know your customers? What do they love? What gets them excited? What are the things that they most value? These small details account for an exceptional experience that when patients leave your practice, they can’t help but talk about you.

In this episode, I will talk about how you can up the ante in providing remarkable experiences for your patients and the importance of transitioning your team from a sales culture to a marketing culture. Lastly, I’ll share a Ritz Carlton ritual that you can immediately implement in your practice and within the culture. I hope this podcast will help you see that doubling down and creating a remarkable experience for your patients is mission-critical in 2022.

Tune in and find solutions to common practice issues at  Prescriptions for Your Practice.

Key Quotes:

  • “In that high volume posture, the possibility is to start to escape the downward pressures on your fees and increase your profits by creating a marketing culture and remarkable patient experience.”
  • “The bottom line is that a large percentage of practice success stems from how a patient is made to feel, not just how happy they are with your clinical care or the dental outcomes.”
  • “In today’s experience economy, patients not only want value but expect exceptional service.”
  • “You need to know yourself as the owner, as a leader. You need to know the team. The team needs to know why they exist, where they’re headed and what they stand for.”
  • “If you were gonna play a sustainable game, you have to be a little bit selfish and say, this is the type of patient I like to serve. And this is the type of dentistry that I like to do.”
  • “Sometimes an experienced dental professional is more task-oriented than relationship-oriented.”

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The New Cornerstone of Leadership

What do you think is one of the essential ingredients in a healthy and high-performing team?

According to research, 90% of people are daydreaming and visioning about the future when forced to do nothing. And a separate study shows that there’s a key element that makes 14% of people more productive across different industries. Listen in to discover this critical productivity booster.

In this episode, I’ll talk about enhancing your culture. If you want to understand what will make you and your employees 14% more productive, if you want to provide the four things that every follower needs from their leader, if you want to utilize three levels of thinking to improve team engagement and unity, and if you want to find out this new cornerstone to effective leadership, then this podcast is for you.

Tune in and find solutions to common practice issues at  Prescriptions for Your Practice.

Key Quotes:

  • “Attracting and retaining a high-performance team is getting harder and harder, but within every problem is a possibility.”
  • “By understanding and embracing the key ingredients of a happy workplace and a productive culture, your practice can become that talent magnet and beat the local competition.” 
  • “One thing I don’t like about S.M.A.R.T. goals is that they’re reasonable. If there’s not a little bit of intimidation, then the goals don’t wake up the genius on your team.”
  • “Followers need four things from their leaders. One is stability. Two is trust. Three is compassion, and four is hope.”
  • “We’re mentally agile. We’re emotionally agile. We’re organizationally agile to make sure that we’re always doing whatever it takes to make sure that the future of the organization, the future of the team, the future of the owner, the future of the patient experience is better than it is right now.” 

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The Origins of Your Excellence

“We are what we repeatedly do. Excellence, then, is not an act, but a habit.” — Aristotle

It’s a brand new year, and we’re always in the habit of listing down things that we want to improve for the entire year, whether for ourselves or our practice. Before you sign off this year’s resolution, I’d like to ask you to park your pen for a while and ponder on this: Instead of focusing on what to improve, why not look into the things you need to remove? What hindered your growth in 2021 that you don’t want to carry over in 2022?

Let me share a mantra for you this year: “Weeds before Seeds.” Clear your space with weeds so you can grow more seeds.

In this first episode for the new year, I’ll discuss elevating your confidence and the origins of your excellence. So if you want to level up your dental practice this year, understand the meaning of arete, know why you need to focus on the weeds before the seeds so that you can stop being overreliant on that willpower of yours, then stay tuned.

Tune in and find solutions to common practice issues at  Prescriptions for Your Practice.

Key Quotes:

  • “The problem is that dentists are overly reliant on willpower, and willpower is important. But the problem with willpower is that it’s finite.”
  • “Arete is an essence in everything you do and the striving toward your potential or purpose.” 
  • “Habits, or what we repeatedly do, is the engine of success or, if poorly executed, is the engine of failure and despair.”
  •  “If you want to go further, faster in 2022, you should start looking at your weeds.”
  • “Some of those habits are just your way of thinking, beliefs, stories that have been planted as seeds, but they’re really weeds.”
  • “You have to be able to control your mind because if you let your mind control you, usually good things don’t happen.”
  • “Make sure that you’re growing and evolving so that everything that you touch turns into gold.”

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