Dentistry Beyond The Numbers Episode 8: Knowing When and HOW to Bring in a Dental Associate
Marc Liechtung, D.M.D.
Executive Director of Partnership Development at Guardian Dentistry Partners & Managing Partner -NY / Inventor of Snap-On Smile
Dental Professionals!
Are you ready to take your practice to the next level? In the latest episode of "Dentistry Beyond The Numbers," Dr. Marc Liechtung provides an in-depth exploration of a crucial consideration for dentists – bringing in an associate – and how it can significantly impact your dental practice at different stages of your career.
Dr. Liechtung begins by addressing the perennial question: "When is the right time to bring in an associate?" He emphasizes the importance of tailoring the decision to the specific stage of one's career. For young doctors in the early stages of practice ownership, the focus is on expansion, growth, and finding an associate who can work nearly equal hours and perform a similar range of procedures. With an emphasis on complementing the primary dentist's skill set, this approach aims to enhance revenue and bolster overall practice success.
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As mid-career dentists approach their 40s and 50s, Dr. Liechtung introduces a different perspective. At this stage, the need for an associate may arise from a desire to offload certain procedures and strategically position the practice for continued growth. This involves seeking an associate skilled in procedures that the primary dentist may have shied away from or commonly referred out, thereby expanding the practice's service offerings and revenue potential.
The discussion culminates with insights for seasoned professionals. Dr. Liechtung addresses the pivotal transition toward planning an exit strategy, shedding light on the value of finding an associate who can seamlessly integrate into the practice, potentially take over its operations, and contribute significantly toward ensuring its longevity and continued success.
Furthermore, Dr. Liechtung pulls back the curtain on the intricacies of incorporating an associate into a practice. He underscores the importance of hiring the right associate, emphasizing the need for compatibility with the existing team and ensuring a fruitful working relationship with the practice owner. His candid approach to addressing challenges, steering clear of a revolving door of associates, and his passion for mentoring young dentists shines through, ultimately providing valuable guidance for practice owners at every stage of their career.
We invite you to immerse yourself in this enriching episode of "Dentistry Beyond The Numbers" to gain invaluable insights and strategic guidance for the growth and enhancement of your dental practice.
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Wishing you continued success as you navigate the dynamic landscape of dentistry!
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11 个月Dentists use a variety of tools and techniques to diagnose and treat dental problems.??Marc Liechtung, D.M.D. Good one podcast.????
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11 个月Thanks for posting!! Make sure new dental associates understand their jobs, train them well, and create a supportive environment for them to succeed.??? Well said Marc Liechtung, D.M.D.
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11 个月Understanding the importance of bringing in dental associates! ?? Learn when and how to expand your practice effectively. Appreciate the valuable insights shared! ??Marc Liechtung, D.M.D.
Full Stack Marketer. Community Builder. Creating Ecosystems that Nurture Relationships Between Brands and People. Business + Strategy Nerd.
11 个月So good!