Shared Practices LLC
The Shared Practices Podcast - Archives
The Archives of the Shared Practices Podcast, spanning August 2016 - August 2024. Check out the Shared Practices Podcast 2.0 for the most current path to growing into a profitable, simple and sustainable dental practice.
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Shared Practices LLC
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Podcast website
Latest episode
Aug 12, 2024
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Episodes
Coaches Corner: I Thought I Was Doing Fine—Until I Saw the Data 12.08.2024 38:06
Richard and Caitlin tackle one of the biggest challenges dental practices face—retention. They talk about how practices often feel they're doing well in this area, only to discover a huge gap between perception and reality. Richard shares a story of a doctor completely overwhelmed by rapid growth, losing patients out the backdoor as quickly as they came in. Caitlin answers with the importance of t...
TPO: Evaluating Associate Opportunities 07.08.2024 36:08
Dr. Richard Low and I talk about evaluating associateship opportunities--the importance of networking, understanding practice dynamics, and making informed decisions based on personal and professional goals. I also share my own recent experience navigating the job market,. Shared Practices Buyer Representation 👈
I Increased My Production by $20K/mo | Coaching Success with Dr. Colleen Bullard 05.08.2024 42:19
I sit down with the inspiring Dr. Colleen Bullard and her coach Danielle, while she shares her incredible success story. With her trademark modesty, Dr. Bullard reveals how she increased her practice's production by $20K a month—40% growth. What did our coaching have to do with it? Did Dr. Bullard do it all herself? Can anyone just up and almost double their production in under 6 months? Listen in...
How I Turn Self-Doubt into My Leadership Superpower 29.07.2024 44:15
My father, Murray Low, is a world-renowned coach to executives. I'm having him on the show today for this special episode talking about how self-doubt can be transformed into a powerful tool for growth. We get into the delicate balance between projecting confidence and showing vulnerability, sharing straight from our own experience, and the critical element in all of it: decisiveness.
TPO: My Journey from Dental School to Real-World Dentistry 24.07.2024 34:05
Merlin here. I have our very own Dr. Richard Low back on the show. He's asking me some pointed questions about my transition from dental school SF to practicing dentistry in Charlotte, North Carolina. We're talking about the excitement of moving across the country, my clinical preparedness, and how much experience I want before owning a practice. I also talk about my proactive approach to finding...
Coaches Corner: Sucktember Prep 22.07.2024 31:02
I'm sharing how I learned to navigate seasonal slow downs in practices. Shared Practices Coach Danielle Kramer and I talk about the common issue of slow patient flow in September and October (AKA Sucktember). Danielle talks about using this downtime for crucial office tasks like inventory management and team training. Danielle and I talk about: 00:00:00 - Introduction and Danielle's Unique Reco...
Shared Practices Law Firm 15.07.2024 56:45
Richard and George talk about the critical legal needs every dentist faces. Everywhere from acquiring a practice to exiting (and even what we learned forming a DSO). Joined by Hunter Altvater, the lead attorney at Shared Practices, they talk about the importance of clear legal documents, understanding the intricacies of associate agreements, and the value of fixed fee legal services.
TPO: Following Up with Dr. Scott Smith Part 2 10.07.2024 35:12
Dr. Scott Smith shares his journey from associate to successful practice owner. Our original episode with Dr. Smith aired February 8, 2012. It was Season 6 episode 26. In this follow-up two-parter, Dr. Smith shares his insights on rural dentistry, maximizing profitability, and balancing work with personal life. Learn about the challenges of staffing, managing multiple practices, and the importance...
Ask George: Associate Compensation - Everything You Need To Know 08.07.2024 26:07
Richard asks George about associate compensation and equity. They talk about different compensation models, managing expectations, and--this part is important--the entrepreneurial spectrum of associates. They cover how market conditions and practice size influence strategies, the importance of guaranteed compensation, retention strategies, and finally, the reality of ultimately replacing associate...
Coaches Corner: Leadership Self-Audit 01.07.2024 43:31
Caitlin and Richard talk about evaluating and improving leadership skills. Today we're emphasizing self-reflection, personal development, and nurturing future leaders. We'll hit on practical strategies like using checklists, encouraging team feedback, and managing team dynamics.
TPO: Following Up with Dr. Scott Smith Part 1 26.06.2024 32:18
Dr. Scott Smith shares his journey from associate to successful practice owner. Our original episode with Dr. Smith aired February 8, 2012. It was Season 6 episode 26. In this follow-up two-parter, Dr. Smith shares his insights on rural dentistry, maximizing profitability, and balancing work with personal life. Learn about the challenges of staffing, managing multiple practices, and the importance...
Ask George: Marketing 24.06.2024 56:19
Richard and George talk about marketing your practice. The do's and the don't's. George would know. He's spent an inordinate amount of money trying out different marketing tactics for his own practice in Phoenix. Learn how to maximize your marketing ROI, choose the right marketing firm, and understand the importance of patient reviews, Google ads, and strategic direct mail campaigns.
From Associate to Owner - Dr. Amanda Remer-Chang's Full Journey 17.06.2024 1:00:45
Richard and Traci are joined by Dr. Amanda Reimer Chang. She just went from an associate to being the proud owner of a rapidly growing practice. Discover how Amanda (and Traci) made it happen.
TPO: I'm an Executive with ADHD - Here's How I Get Things Done 12.06.2024 45:41
Merlin Erickson and Dr. Richard Low team up on The Pursuit of Ownership. Today we dig into the challenges of being an executive with ADHD. Richard shares his personal journey, revealing how he turned an executive function disorder into a strength. From practical tips to surprising insights, learn how to turn potential setbacks into strengths and achieve success in leadership and dental practice ow...
Path to Practice: Insights from Analytics-Based Pre-Ownership 10.06.2024 39:55
Dr. Matt Ford is joined by dental students (and Analytics-based Pre-ownership attendees) Mohammed and Santino in Scottsdale, Arizona. We talk about the steps to transitioning from dental school to practice ownership. Mohammed and Santino talk about their firsthand experiences, financial literacy, team culture, and strategic planning.
Coaches Corner: Measuring the Success of the Doctor Department 03.06.2024 35:01
Richard Low and Caitlin dig into the metrics that matter when assessing a dentist's performance. We're looking at the often-overlooked topic of self-evaluation and identifying, one of our favorite works here at Shared Practices: bottlenecks that may be messing up your growth.
TPO: Pre-owner Underwater: Nik 29.05.2024 54:56
Our very own Dr. Matt Ford and soon-to-be Dr. Merlin Erickson talk with special guest Nik. They talk about the grueling (but worth it) road from dental school straight to practice ownership. Learn financing specifics, the importance of building a stable patient base, and probably most of all: strategic patience.
Ask George (All About Strategic Growth) 27.05.2024 40:20
Ask George is back again! Today's all about practice reinvestment. Richard and George talk about the strategies and nuances of maximizing returns with your practice. This is for solos, those transitioning to a group, or those running a large group already. You'll learn where to put your money for the best ROI. From marketing and team development to technology upgrades and coaching, discover how to...
Coaches Corner: Office Manager Mastery 20.05.2024 36:04
Richard and Caitlin talk about the transformative power of the Analytics-Based Office Management (ABOM) course. Today we're going deep on: insights on team development, hiring strategies, and the qualities of an effective office manager. Take notes - today you're getting practical and tactical tips for getting better leadership within your team.
TPO: Pre-Owner Banking Questions with Provide Part 2 15.05.2024 34:49
Merlin Erickson continues his exploration of the cutting-edge of dental financing with Steve Steinbrunner from Provide. Discover how fintech is transforming the way dentists secure loans, the importance of peer support, and the strategic insights on navigating financial challenges in the dental industry.
Ask George (All About Scale) 13.05.2024 37:04
Richard and George reunite to dissect the financial intricacies of growing dental practices. Scaling hurts. It's painful. Just don't make it more painful that it has to be. From transitioning from a solo practitioner to managing a multi-provider enterprise, there's a balance between production-driven strategies and cost-effective management. Listen up and get the secrets--straight from George.
This is How You Know Whether to Expand 06.05.2024 43:03
Do you have an appetite for expansion? Do you really, actually want it? Our anonymous guest "Dr. Brown" shares his experience with ownership, whether he actually wants to expand, and the key aspects Richard digs into to find out exactly how Dr. Brown can make it happen.
TPO: Pre-Owner Banking Questions with Provide Part 1 01.05.2024 38:52
Merlin Erickson explores the cutting-edge of dental financing with Steve Steinbrunner from Provide. Discover how fintech is transforming the way dentists secure loans, the importance of peer support, and the strategic insights on navigating financial challenges in the dental industry.
This is the New, Proven Way to Run a Practice 29.04.2024 57:29
This is a packed episode--all about Analytics-based Practice Management. George interviews former host Dr. Andrew Clingan and super-listener Dr. Graham Beard. Most dentists starting out spend years trudging through stupid, avoidable problems. Not Andrew. Not Graham. Why? Find out how they embrace analytics to run a practice--the right way. This is the new, proven way to run a practice. LINKS: Co...
THIS...is When to Expand, Part 2 22.04.2024 27:11
You've heard his journey so far, with his first decision to expand. In Part 1, we set the stage for Dr. Chad Christiansen's next opportunity. He might be expanding to an entirely new location. So will he add a startup loan on top of his acquisition loan?
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