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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question_answer ANECDOTE
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.
volunteer_activism ADVICE
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.
volunteer_activism ADVICE
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.
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In Traction, Gino Wickman provides a systematic approach to achieving business success through the Entrepreneurial Operating System (EOS). The book focuses on six key components: Vision, People, Data, Issues, Process, and Traction. It helps business leaders clarify their vision, align their leadership team, solve common business problems, and foster healthy communication and discipline within the organization. The EOS system is designed to help businesses overcome frustrations such as lack of control, people issues, insufficient profit, hitting the ceiling, and feeling stuck. The book offers practical tools, real-world examples, and actionable strategies to drive sustainable growth and improve business operations.
The Gap and The Gain
The High Achievers' Guide to Happiness, Confidence, and Success
Dan Sullivan
Benjamin Hardy
This book introduces the concept of 'The Gap and The Gain', developed by Dan Sullivan, which helps high achievers understand why they are often unhappy despite their accomplishments. It explains that measuring oneself against an ideal (the Gap) leads to dissatisfaction, while measuring against past achievements (the Gain) fosters happiness, gratitude, and motivation. The book is a masterclass on positive psychology, healthy relationships, mental well-being, and high-performance, offering practical advice on how to shift focus to appreciate progress and achieve greater fulfillment and success.
What happens when your second practice tanks and you're the only one holding it all together?
In this episode, Dr. Alex Reznikov, Founder & Owner of Dental Group of Chicago, shares the raw truth about what nearly broke his growing dental group—and how he rebuilt it with the right people, systems, and mindset. From trusting too easily to learning the value of clear financials and leadership, Alex walks us through the real challenges dental entrepreneurs face when scaling. You’ll hear what it takes to lead through chaos, delegate with confidence, and finally get your business running like a real organization.
🎯 Ready to increase your profit, build a stronger team, and finally break free from the day-to-day?
Join 6-year DEO member, Dr. Alex Reznikov, and hundreds of other growth-minded dental leaders.
Schedule your free Growth Accelerator Call and take the first step toward becoming a DEO Member 👉 https://bit.ly/4iGVjal
DEO's Growth Secrets Podcast for Dental Organizations 
