DEO's Growth Secrets Podcast for Dental Organizations 228: The Mistakes That Nearly Broke This $10M Dental Group
May 22, 2025
Alex Reznikov, Founder & Owner of Dental Group of Chicago, shares his journey through the highs and lows of running a dental practice. He discusses the critical importance of managing expenses, navigating mergers, and recognizing red flags while expanding. With insights on building team dynamics, fostering resilience, and implementing effective systems, Alex reveals how mental strength and technology can transform operations. Tune in for his lessons on thriving amid chaos and the need for profitable growth over mere expansion.
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Second Practice Acquisition Failure
- Alex acquired a second practice that was bigger but started tanking soon after acquisition.
- He realized rushing into deals without due diligence can be dangerous and cause loss.
Build Team Before Burnout
- Build a strong team early to avoid burnout and chaos when scaling.
- Develop systems and have consistent meetings even if imperfect at first.
Use Core Values and Meetings
- Define core values to guide hiring, promotions, and culture in your dental practice.
- Implement meeting cadences like those in Traction to gain organization and clarity.
