The Future of Dental Practice Management: Creating a Flourishing Workplace

Dental practice owners, we have all encountered the struggles and doubts caused by the pandemic. With no guaranteed return to pre-pandemic conditions, it is essential that we modify and develop new ways of managing our practices.

Let us explore PERMA and Flourishing that may transform your dental practice and keep you ahead of the competition. PERMA model concentrates on five essential elements that lead to a person’s well-being. 

In this episode, I discuss why the way we work is such a train wreck.

  • So if you want to understand the PERMA method to higher productivity…
  • If you want to feel less tired and worried about your dental practice…
  • If you know why your employees need a best friend at work so that you can put an end to team turnover…

Tune in now!

By implementing these elements into your practice, you can craft a positive workplace, enhance the patient experience, increase employee engagement, and develop resilience during tough times.

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:

  • “A people-first flourishing practice that aims to bring out the best in the owner, the best in the team, the best in patients, and the best in the community can win in this new economy.”
  • “If the team is not feeling great, it’s going to permeate into the patient experience.”
  • “When you hire somebody, their number one job is to be a supportive teammate.”
  • “The biggest problem in the workplace is meaningless work. People are no longer willing to trade their time for your dollars.”
  • “Anchor your team’s work to meaning.”

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Think Different: Steve Jobs’ Advice for Dental Practice Owners

As dental practice owners, we can gain insight from Jobs’ approach to forming teams and steering them to success. He was a master at bringing together and managing groups that could bring his ideas to fruition. He held that the best items were produced by design experts, engineers, and marketers who worked together and had the same objectives. 

We’ll examine how those of us in the dental industry can utilize Jobs’ lessons on teamwork in our practice. We’ll also go over some of the missteps to avoid, and discuss how to cultivate a constructive, considerate work environment where your team can shine.

In this episode, I discuss why single-location dental practice owners should take wisdom from a $2.413 Trillion company.

  • So if you want to anticipate patient needs and deliver personalized care. . .
  • If you want to be a dentist who sees things differently. . .
  • If you want to create an extraordinary brand that separates you from other dental practices so that you can have the cash flow and lifestyle you’re proud of…

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.

Check out our New Case Study, “Discover How To Recession-Proof Your Dental Practice In The Next 60 Days So That You Increase Profits & Avoid Losing Key Team Members” now at: http://thenorecessiondentist.com/casestudy.

Key Quotes:

  • “Everything that you do should be focused on creating an exceptional experience. It’s how you differentiate. It’s how you decommoditize. It’s how you get out of some of these crummy insurance networks that are insulting you with their reimbursements.”
  • “By creating products that are simple, elegant, and easy to use, Jobs was able to create technology that truly enhanced people’s lives.”
  • “We really want the brand to create trust and relationships before we have a chance to interact with these patients.”
  • “Our job is to hire the best team we can find and then invest in their training and development.”
  • “One of the keys to Job’s success as a communicator was the ability to distill very, very complex ideas into simple concepts that anyone could understand.”

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The 7 EMPIRES Of A Modern Dental Practice Owner

The struggle is great, the task divine—to gain mastery, freedom, happiness, and tranquility. — Epictetus

Do you know what’s more important today than a business or financial plan for dental practice owners?

Many dentists are doing this extreme delayed gratification. And we have this idea in our head that in 20 years or 40 years, we can cash in and redeem these decades of living in dread and resentment.

Doc, if you want to…

  • Learn why you should be building 7 EMPIRES,
  • Remove the problems of the Slave, Save, and Retire Method, and
  • Know why breaking away from social norms is critical for Practice Owner Confidence so you can avoid your next F@#k This Event,

Then 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:

  • “The ripple effect from confidence into a culture, into client outcomes, into cashflow is very powerful, but we have to start with the right center mass, and that’s you as the owner.”
  • “We’re not short on opportunity. We’re not short on information. We’re short on a framework that allows us a binary decision of “I say yes to these things” and “I say no to those things.”
  • “Lifestyle design was that kind of hybrid thing where you design specifics unique to you. Those specifics would fall under the categories of your nature, strengths, values, dreams, curiosities, and purpose.”
  • “You’re not gonna have influence on your family, friends, or team unless you have clarity.”
  • “A lot of the ways that we operate in adulthood are just patterns we accept because that’s what kids do in our youth.”
  • “Life will always have problems and challenges, and you can reframe them as thinking like this is really actually a good thing.”

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Your 3-Year Vision: Practice Growth Through Turbulent Times

Most small business owners, particularly in dentistry, when they’re planning growth, either it’s the hope-and-pray method like I hope we grow or it’s forecasting growth, meaning most decisions are past-driven. The problem with forecasted growth is it allows the past to be an anchor.

In this episode, I tell you why future-casting beats forecasting.

  • So if you want to create your own economy,
  • prevent employee turnover,
  • enjoy more vacations,
  • and have a career that you’re truly proud of…tune in now!

I want you all to be great leaders. I want you all to have practice owner confidence in any economy. And it all starts with your 3-year vision.

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:

  • “Having employed many different people over time, I can remember those who worked for me and grew up in entrepreneurial environments. They just stand out the things that are troubling for other people. They know how to surf those waves; those waves don’t crash down on their heads.” 
  • “I used to think of these things like vision, mission, and values as a would-be-nice-to-have. But now I consider them essential because there’s so much noise, so much distraction. So many things are trying to insult our small businesses that if we don’t have a well-designed future that looks better than this, it’s easy to get locked up in the noise. It’s easy to get distracted. It’s easy to get frustrated.”
  • “Hard doesn’t make it unnecessary. It doesn’t mean it’s something that you should avoid. It just means it’ll take a little bit more time and effort to build this out.” 
  • “Vision becomes really important. Yes, it is make-believe, but it helps you design a specific future.”
  • “Don’t worry about the ‘how.’ Just worry about the ‘what.'”
  • “Do not feel guilty for wanting what you want. Don’t buy into someone else’s vision and version of success. Don’t feel like you have to explain it to anyone else.”
  • “The ‘what’ and the ‘why’ have to come before the ‘how.'”

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Become the CEO of No!

When deciding whether to do something, if you feel anything less than “Wow! That would be amazing! Absolutely! Hell yeah!” — then say no. — Derek Sivers

As a dental practice owner, a CEO, CFO, CMO, all rolled into one, saying NO is a leadership MUST! It sounds counter-intuitive at first, but speaking from personal experience, the moment I learned to say NO, that’s when my practice grew, my relationships fostered, and my personal, professional, and overall well-being optimized. Now, the question is, when do you say NO?

In this episode, I will discuss the gigantic costs of complexity in your dental practice. So if you want to hack away at the unessential, know when to say no, eliminate worry and low-value work so you can be a much more effective owner, tune in now! Are you ready to become the CEO of NO?

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

Key Quotes:

  • “You are your number one asset.”
  • “If things are breaking around you or you’re breaking or burning out, then the business fails.”
  • “From a psychological and neurological standpoint, we have to train our minds to pursue the things that are important to us. And part of that cycle is a reward.” 
  • “The problem that we’re addressing is that Western culture assumes that more is better. Wealth is about money and positions only, and consuming creates happiness.” 
  • “There are great things that come with the trappings of success. There are great things with being able to splurge and have nice experiences and nice things. But those are, in fact, partial truths. We have to make sure that we’re not falling into the trap of that mantra of more is better, and money equals success. We need a more robust, durable solution. That’s the full truth.”
  • “I have experienced it firsthand as a practice owner. I’ve never met a dentist that cut back days and regretted it.” 
  • “There comes a time in your career that you must say no to things that irritate and anger you and inhibit practice growth bottom line.”
  • “Appreciate that saying no is hard. So expect grief when letting go.”
  • “Saying yes to less is the way out.”

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