Private Practice Startups: Purpose Over Paychecks with Jayme Amos

Jayme Amos joins us today to drop some much-needed wisdom bombs about private practice startups and why now might just be the perfect time to seize on a startup opportunity. One of the original dental podcasters, Jayme is a best-selling author, an expert in building practices, and the founder of dentistry’s most popular website for opening dental offices.

Listen in as he shares how to know whether you’re ready to open a practice, what purpose (and not a paycheck) should be the driving force behind your intention, and how to embrace the identity of CEO to lead a team, build a culture, and cast the vision of the practice. If you’re a young associate or have been toying with the idea of starting your own private practice, this episode was made for you.

Key Quotes:

  • “Running a business can be an endurance game.”
  • “If you show up every day and it’s just about a paycheck, and it’s not about purpose, you’re not going to make it.”
  • “If you have the purpose established, you can instantly be respected as a community leader.”
  • “The first step is super important, and that’s defining the vision.”
  • “Let’s figure out what would make you happy because I know a lot of people with really low overhead percentages who are really unhappy.”
  • “If the disease is fear, the cure or the antidote is trust.”

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Finding Opportunities in a New Economy with Tim Rauch

Finding Opportunities in a New Economy with Tim Rauch - RD PodcastsDentists have fought for autonomy and independence for so long, and due to the current pandemic, we are now seeing the upper limits of that fight. With most practices shut down completely except for emergencies, many dentists are seeing death to their identity as a result, but we have a great opportunity right now to hit the reset button. Today’s guest is going to take us through exactly what our world could look like once the shutdown is over, as well as the opportunities before us as we head into a new economy in our industry.

Tim Rauch has been on the show before, and he joins me again today to share great insight into how to leverage the opportunities of this unique situation, how to own the space in our practice and our community, and why the “less hours = less income” mindset is a fallacy. His advice will no doubt flip the script on chasing money at the expense of preserving memories and enjoying life, so you don’t want to miss it!

Key Quotes:

  • “The opportunities are going to be for dentists who are good at connecting with other dentists.”
  • “The people who have a unique set of clinical skills will always be safer than the generalist.”
  • “There is a brighter future in giving people what they want and what they’re willing to pay for out of pocket.”
  • “A lot of dentists are seeing almost a death of their own identity at this point in time.”
  • “This is a reset opportunity to really acknowledge that some of the things that we do, like trading five days for two days of the weekend, may be a dumb pursuit.”
  • “You don’t want to completely trade today for a better tomorrow.”

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Embracing the Process with Joe Blaylock

Embracing the Process with Joe Blaylock - Relentless Dentist PodcastToday Dr. Joe Blaylock joins me to share his transformation from losing his sense of purpose to dialing in and locking into a successful and impactful future. It’s easy to feel lost and frustrated coming out of dental school, and Joe opens up about how he was able to leverage coaching, mindset work, vision, and purpose to get him to where he is now.

Listen in as we discuss how he initially had a fear of having a startup, as well as what helped him overcome that fear. You’ll hear about some of the biggest challenges he has faced along his journey, what helped push him through, and how to see the big picture and understand the process that leads to success.

Key Quotes:

  • “In dental school, I always had the vision of having a startup, but I was too afraid to do it.”
  • “I fear it, but I need to do it.”
  • “It’s a personal development program with a compensation program attached to it.”
  • “The business will expose yourself to yourself, right? It’s a self-awareness program.”
  • “You put in above average effort, you will get above average results.”
  • “What I’ve learned is good and sustainable is a process.”
  • “You have to have the right people and you have to give them the roadmap.”

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Can You Be Your Own Hero?

Can You Be Your Own Hero? - Relentless Dentist PodcastToday, I want to share an episode I recorded with Dr. Paul Etchison a while back, which touches on some key things we need to figure out as dentists and practice owners. Paul is the author of Dental Practice Hero, the host of the Dental Practice Heroes podcast, and one of the titans featured in Titans of Dentistry, and he’s someone I really respect because he truly walks the talk. Given his successful career and leadership skills, he’s one of the best people I can think of to have a conversation with about high-performance coaching and being a high-performance individual.

In this episode, Paul and I dive into the subjects of happiness, fulfillment, and figuring out your purpose. Listen in to hear the major lessons we’ve both learned throughout our careers, what it takes to be a great leader, and why it’s so important for us as dentists to gain clarity on what we really want out of our practices—and out of our lives.

Key Quotes:

  • “The marketplace doesn’t care what degree you have; it matters how much value you’re adding to the system.”
  • “We’re all drawn to certain things, and really defining who we are and what we want—getting that crystal clarity—I think is the first step on the escape plan if you feel like you’re on that hamster wheel.”
  • “Making sure that you’re progressively trending upward on some kind of key criteria in life is what drives a practice because if you just try and drive a practice with brute force, you’ll get growth, but sustainable growth is questionable because if you’re burnt out, your team isn’t going to show up.”
  • “Make sure that you not only know exactly what you want out of your practice and your life, but why you want it, and if you don’t have a compelling why, then it’s time to go back to the drawing board.”
  • “When the team shows up, batteries included, and you show up, batteries included, patients feel that goodwill goes up, case acceptance goes up, and it all trickles down to the bottom line.”
  • “You can be confident in leadership, but to think that you’ve learned it all and not be engaged in a lifelong journey I think is a dangerous place.”
  • “I hope dentists know that if they’re in a tough spot right now, or if they’ve been through a tough spot, or if one’s coming in the future, that’s just part of the game and to anticipate that. To try navigating around that is just wise business, but to think you’ll avoid it completely is a fallacy.”
  • “It all comes down to marketing, and once that mind shift happens, life gets a lot easier because you realize that your clinical skills are just one small part of the equation.”
  • “You’re your number one asset and your practice is a close second, and sometimes you have to put all the chips in to make sure that you get the results that you need.”
  • “If you’re thinking about investing in your team, if you’re thinking about investing in yourself, it’s not hard to get a $1000 idea if you implement it. It’s not hard to get an ROI. It’s making sure you have the intention to actually put your words into actions.”
  • “Be crystal clear on what you want, why you want it, and then pursue that dream without guilt or apologies.”

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Dr. David Rice on Leadership and Educating the Next Generation of Dentists

Dr. David Rice on Leadership & Educating the Next Generation of Dentists

As a young dentist just starting out, it can be hard to know which direction to take your career. But thanks to people like Dr. David Rice, the next generation of dentists can get access to tools that will help them succeed on both the clinical and business side. Not only has David achieved success in his career, but he’s also done—and continues to do—amazing things to help dental students along their own paths to success.

The founder of igniteDDS—a free continuing education community for dental students and young dental professionals that provides live local events, online webinars, and more—David is passionate about helping younger dentists navigate their early years in the industry. In this episode, he shares the wisdom he wants to impart on up and coming dentists, the mantra that helped him get to where he is today, and inspiring insights that both new and seasoned dentists ought to take to heart.

Key Quotes:

  • “Sometimes we’re worried about the tactic, or the strategy, or the meeting, or the conversational skillset to get our team to reach higher levels, but oftentimes we’re not treating them outrageously well.”
  • “I highly recommend some kind of postgraduate program to everybody. It was such an instrumental year for me, not only to pull all the concepts that didn’t quite make sense to me in dental school together, but confidence and speed and the ability to know … if someone else can do it, so can I.”
  • “I’m a huge fan of young dentists to choose mentorship over money whenever possible because those first three to five years are so, so important.”
  • “We’re so conditioned throughout our formal education to tell somebody the answer … but it’s easy to make a mistake when we try to just talk at people as opposed to really listening to what they have to say.”
  • “The more you invest in the person sitting knee-to-knee with you, the faster you’re going to grow and be successful.”
  • “We’re really not a patient-centered practice; we’re really a team-centered practice. And when our culture is firing on all cylinders, the patients just come in, and they feel it, and they respond.”
  • “Spending time working on your business is really, really valuable, and it’s easy to lose that time because you’re so busy trying to produce dentistry.”
  • “Challenges are a part of the game, but you can get through it on the other side and sometimes—if you play it right—come back stronger.”
  • “Take the leap. Don’t be afraid to jump out of the plane and figure out how to open the parachute on the way down.”

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