Are you a skilled dentist who is sometimes challenged by the role of leader and/or business owner? Or are you a successful business owner who also happens to be a skilled dentist? It’s a powerful question. If you can answer it honestly, your answer will reveal a lot about your practice, your level of job satisfaction, and your financial and emotional health.
Are you a skilled dentist who is sometimes challenged by the role of leader and/or business owner?
Or are you a successful business owner who also happens to be a skilled dentist?
It’s a powerful question. If you can answer it honestly, your answer will reveal a lot about your practice, your level of job satisfaction, and your financial and emotional health.
You can be an excellent clinician. You can take continuing education courses to improve your skills and expand the range of services you offer. You can work longer hours or see patients nights and weekends. You can cut your overhead expenses to the bone. You can do all of that, and still not make enough money to take home a profit or expand your staff.
Let’s face it. To be a “successful dentist” requires more. You have to master not only the highly technical aspects of your chosen profession you also have to master:
- Team leadership, inspiration, and motivation
- Effective communication, negotiating, counseling, and conflict resolution
- Personnel management and human resources
- Business systems
- Marketing, advertising, public relations, and sales
- Bookkeeping, accounting, investing, and tax planning
- Strategic planning
That means you’ve got to wear many hats. Your business-owner hat includes Chief Executive Officer, Chief Operating Officer, Chief Marketing Officer, Human Resources Director, Chief Financial Officer, Facilities Manager, Information Systems Manager, Sales Manager, and all-around Superhero. All of that, AND you have to be the Chief Generator of Revenue to support your family and your staff.
They probably didn’t tell you all of that in dental school, either.
It’s no wonder that burnout is so high among dentists – the profession loses the equivalent of one large dental school graduating class every single year. When dentists “burn out,” they cite isolation, confinement, economic pressure, time pressure, the stress of perfection, and “compromise treatment frustration” as their primary reasons for bailing out on the profession.
Sound familiar?
Well, here’s some good news: you’re not alone, and you don’t have to do it all by yourself!
All you need is a mentor, coach, or consultant.
Anybody who has succeeded in any endeavor – sports, performing arts, or sales – has relied on input from mentors and coaches – people who have “been there, done that.” A skilled coach or consultant helps you see what you can’t see yourself, and can guide you in developing a strategy for making the changes in yourself and your business practices that can make you more successful.
The best consultants, coaches, or mentors don’t just tell you what to do or drop a few books and forms on you and leave. They work with you and your team over time, to hold you accountable for taking the action you need to take to transform your practice. They help you see obstacles, navigate roadblocks, and blast through resistance. The best ones don’t quit until you’re thriving on your own.
Is a coach, mentor, or consultant expensive? How expensive is the revenue you’re losing every year by trying to master all of the business-owner roles your practice demands of you? What’s the price of the stress on your health, your relationships, and your finances as you struggle to master all of the business-owner roles on your own?
If you could double…or even triple…your practice revenue over the next 12-24 months, investing in the right consultant would represent a huge return on your investment.
P&S Coaching might be the best investment you’ll ever make in your practice and its success. For over 25 years we’ve worked with dentists just like you, with practices just like yours, helping them double…even triple…their revenues within 12-24 months.
If you’d like to see results like those in your practice, contact us today to schedule a complimentary consultation. We’re looking forward to working with you.
