DEO's Growth Secrets Podcast for Dental Organizations

It's amazing to be ambitious, driven and committed to achieving goals. You make things happen and don't just sit and allow time to pass you by. However, ambitions sometimes slow you down in other aspects of life. You must put aside time to enjoy life, look at the past and compare your progression. How can you balance being ambitious without being too ambitious? Ambitious secrets are shared on this episode of DSO Secrets.

It's important to consider the DSO structure when creating an entity that maximizes your financial success and gives you the ability to support your DSO mindset. Tune in as we go deeper into financing options when forming a DSO by looking at the pros and cons of partnering with dentists versus non-dentists. Feel free to join the discussion by leaving your comments on our DSO Secrets community page on Facebook. Looking forward to hearing from you!

The most important thing to consider, once you've decided that it's time to start or to grow your own DSO practice, is the capital and how it will be financed. In this episode of DSO Secrets, we look at the 2 main financing options - Debt and Equity. The option chosen can mean paying interest on a loan or selling shares of your business. However, the preferred option all boils down to what you see as the most successful route. Tune in and share your insight on the types of investors and when and how to invest.

Is culture pure nonsense or does it actually have an impact on the profitability of your DSO? What about the other aspects of your business? Are there principles and values that you use to encourage your team to get to the top? We sometimes believe that we must inculcate a particular culture in order to be successful or to reject others that may cause a downfall in our businesses. Join the conversation on this episode of DSO Secrets and let us know if culture is the driver of profit in your organization.

What are the major positions you believe will bring value to your practice or businesses? Are your needs clearly defined or are responsibilities completed on a by-the-way basis? In this episode of DSO Secrets, we answer these questions by looking at the bases of hiring a COO and the importance of confirming the positions needed to complete your executive leadership team. The sooner you clearly define your needs, the better. Join us and let us assist you in choosing the best COO for your dental business.

Sometimes, we reach a point in our business where we need another motivated mind to help the business grow. This is when you might contemplate forming a partnership. But what are some of the things to consider to ensure that the business is successful and not hurt due to any fallouts, equity agreements or operating agreements? Join our conversation on DSO Secrets as we talk partnerships that help you create incredible growth in your DSO, practice or company.

Sometimes, you've got to find inspiration from things around you to improve your situation. On this episode of DSO Secrets we look at industry mashups, where we take the best ideas from different industries and see how best they can be utilized in our own. There are four (4) strong industries that we will focus on during this episode. Join in the conversation and see how you can brainstorm and improve your dental or DSO space.

What are you doing to ensure that your team can complete their tasks feeling excited instead of overwhelmed? Are you choosing persons with similar personalities? Get more done by preparing your Assistants and Project Managers with the right resources and achievable expectations. Listen as we share DSO Secrets on aligning people to make it up, make it real and make it reoccurring.

We're creating Avatars! And no, not the ones from the movie. Today on DSO Secrets, we're utilizing a marketing concept that allows us to visualize the types of patients we want to treat every day. The focus is on patient avatars. Designing an idealistic view of the patients you want to help; the ones whose experiences you enjoy. This concept allows us to create a harmonious relationship between patient and dentist. Listen in and give your practice the boost it may need.

Having a business is not easy. There are so many facets of life that we have to deal with every day. We don't always tread a straight road based on our academic backgrounds or experiences and the goal is not just about making a profit, but understanding the reasons and purpose of your business to help others achieve the smile they deserve. In this episode of DSO Secrets, I share an interview I did with Rich Allen on how to keep your business afloat, as well as how Community Dental Partners (CDP) support dentists to help them flourish. Join us and share your views on our Facebook page, DSO Secrets. We would love to hear from you.