How to Be the Leader Your Practice Needs with Dr. Tim McNamara
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One of the most important aspects of running a successful practice is putting in the time and effort to be a good leader. Dr. Tim McNamara is a shining example of this, and his success in dentistry is a testament to the strong focus he puts not only on creating a great customer experience, but also on leading his team so they know exactly how to deliver that experience.
After more than seven years doing business consulting in the healthcare field, Tim went from helping hospitals mitigate risks to starting his own dental practice. His unique path into dentistry—along with his ability to see obstacles and turn them into opportunities—has given him a fresh perspective on the industry that we can all learn from. In this episode, he shares what it takes to be a great leader, the lessons he learned from his consulting career that still help him today, and his tips on how to shorten the learning curve on your own path to building your dream practice.
Key Quotes:
- “What you have in a business is risk, and how you control that risk is everything. And then how you lead your people to implement those controls will dictate what your revenue is.”
- “It’s funny to me because everyone talks about secrets in dentistry. … The secret is you. If you just spend some time on leadership and understanding your business, that’s the secret.”
- “When I opened, I did so kind of with this wild idea that demographics matter, but that the dentist and the systems probably matter a little bit more.”
- “The best way to grow is, yes, boost marketing, but turn the customer service experience on.”
- “What I’ve noticed in most dental clinics is lack of leadership.”
- “We need a place where people can ask real questions without getting beat up for it. And so what do we do? We create a community.”
- “I judge a lot of my practice and how it’s operating by how well I sleep at night and how little stress I have at home.”
- “All of my breakthroughs have come when I stopped being so frickin’ independent and realized that there is help out there.”
- “Your advice should be coming from people who are in your exact same situation, that actually stay awake late at night in the fetal position, and that have figured out how to get out of the fetal position.”
Featured on the Show:
- Dr. Tim McNamara: Website | Facebook
- Dental Success Network – When you register use mentor code RD to save $100 / mo.
Tiger Safarov is a firm believer in the American Dream. After coming to the United States when he was twenty years old—with the plan to earn enough money to buy a BMW and move back to his home country of Russia—Tiger was thrilled to learn that starting his own business in the U.S. was as easy as filing the paperwork and opening a bank account. Knowing firsthand how difficult it was to start a business in Russia, he jumped at the chance to start a company here.