Brews and Tiny Teeth, The Unfiltered Pediatric Dentistry Podcast

Three Start-ups in Three Years, with Dr. Alex Otto and Tim Otto, MBA

May 9, 2023

Dr. Alex Otto, a pediatric dentist with a dynamic background, and her husband, Tim Otto, an MBA specializing in business systems, share their remarkable journey of launching three pediatric practices in Texas since 2020. They discuss strategic demographic analysis that guided their locations, the necessity of controlling overhead, and how current high interest rates can create unique opportunities. The couple dives into the future of pediatric dentistry, touching on the influence of corporate practices and the importance of remaining patient-focused amidst industry changes.

01:00:15

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Episode guests

Alex Otto

Tim Otto

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Episode notes

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Quick takeaways

Dr. Alex Otto and Tim Otto's journey illustrates the significant impact of combining clinical expertise with strong business acumen for practice growth.

Their rapid expansion highlights the importance of strategic acquisitions and efficient systems for enhancing patient satisfaction and operational success.

The establishment of a nonprofit to provide dental care in underserved areas underscores their commitment to community service alongside clinical excellence.

Deep dives

Journey to Pediatric Dentistry

The transition into pediatric dentistry can be influenced by prior experiences. One speaker shared a path that began with dental school, followed by a general practice residency in Denver, where an affection for treating children flourished. After initially practicing as a general dentist to manage student loans, a realization emerged that pediatric dentistry was the true calling. This led to the decision to pursue a residency in Alaska, where both personal and professional aspirations ignited a passion for specialized dental care.

Intro

2min

From General Dentistry to Pediatric Practice

22min

Navigating Dental Practice Expansion

11min

Navigating Costs and Strategic Investments in Pediatric Dentistry

3min

Navigating the Future of Pediatric Dentistry

15min

Navigating the Transition from Residency to Practice

5min

Navigating Dental Practice: Insights on Business and Leadership

3min

Dr. Alex Otto is a pediatric dentist who with her husband, Tim, have opened three pediatric dentistry practices since 2020. They have offices in Buda, Kyle, and Austin Texas with plans to continue expansion while providing a 5-star patient experience.

Dr. Alex was a GP and an associate who worked at multiple practices before going back and completing her pediatric residency in Alaska. Her husband, Tim, worked in the corporate business world with multi-million dollar companies after obtaining his international MBA with degrees in finance and management. During residency, Tim spent two years learning everything he could about the business side of pediatric dentistry. He and Dr. Alex developed their systems and created the framework for their practice vision so that they could immediately start their practice ownership journey after residency.

Some of the topics we discuss:

- How they did a detailed demographic analysis and landed on Austin, Texas

- The importance of controlling overhead

- How high interest rates can create opportunities for smart practice owners

- The future of pediatric dentistry and how corporate dentistry will change the field

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