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Shared Practices | Your Dental Roadmap to Practice Ownership | Custom Made for the New Dentist

A bootcamp in small business ownership and practice management for dentists, giving the new graduate a roadmap to successful practice ownership. We interview the best dentists, experts, consultants and more on our weekly show. Here's the topics we will be covering in our 8 Seasons: 1. First Years as a Dentist 2. Think Like a Business Owner 3. Money and Numbers 4. Startups, Acquisitions, and Partnerships 5. Internal Systems 6. Marketing & Growth 7. Leadership, Vision and Culture 8. Beyond Dentistry Go to SharedPractices.com to get our PDF roadmap of these 8 Seasons.
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Now displaying: August, 2017
Aug 29, 2017

The miniseries just got real! Dr. Justin Short and ‘G-Unit’ dive into the topic of staff management. You will learn how Justin successfully created a top tier, cross-trained staff while keeping his employee overhead at just 20%. Other topics that come up are getting the right team on the bus, turning 8’s into 10’s, frontloading your staff training, the hiring process, correcting sub-par behavior quickly and holding your team accountable. You want great content? You got it in this episode!

 

Our Episode Resource Page where you can find all of the resources from our episodes - for free!

Join our New FB Group!

 

Reach out to George- Georgehariri@gmail.com

Dr. Justin Short has a highly successful practice, Des Peres Dentistry in St. Louis.  He inspires other dentists to design their practice to serve their life.  The Lifestyle Practice helps dentists build practices where they work less, profit more, and get to finally enjoy the lifestyle they deserve!

Aug 25, 2017

Hunter is back! This week he takes us through two real practice purchase opportunities. We go in depth as Hunter explains his four-step practice evaluation process. We look at real numbers of two very different practices in order to determine a valuation range, find opportunities for practice growth and uncover red flags. This episode is full of great content and advice on practice analysis. We recommend you take these concepts and analyze as many practices as you can to hone your skills. Make sure to download the analysis spreadsheet on the Shared Practices resource page to aid you on your path to practice ownership.

 

Our Episode Resource Page where you can find all of the resources from our episodes - for free!

Join our New FB Group!

Reach out to George- Georgehariri@gmail.com

Download: Practice Valuation Case Study

Hunter Smith, DDS is a 28 year old General Dentist in Jonesboro, Arkansas. He completed his undergrad at Arkansas State University in his hometown area of Jonesboro, then attended the University of Tennessee Health Science Center Collage of Dentistry in Memphis.After graduating in May 2014, Dr. Smith bought his first dental practice in August 2014 following a 2 month stent as an associate in the practice.

After successful management and system changes increased that already successful first practice by 46% profitability in just 1 year, Dr. Smith grew to enjoy learning about the business of Practice Ownership and ways that can improve clinical, business, staff, and patient relations. Building upon the early success, Dr. Smith joined up with a long-time best friend and fellow dental school graduate, Will Little, to form Southern Dental Group in October of 2015. Since forming SDG, Drs Little and Smith have acquired an additional 5 locations in the last 18 months. Southern Dental Group's 6 locations boast increased profitability of over 50% post-acquisition, an average overhead of less than 50%, business profits (EBITDA) over 26%, and have revenues of over 5 million dollars annually.

Dr. Smith enjoys the opportunity to show and tell dentists, specifically young dentists, how to get into practice ownership early and be highly successful and profitable. He is proud to present the Dental Ownership Summit along with his business partner and co-founder of SDG Will Little in order to bring ownership knowledge and strategies from some of the best mentors and business minds in the industry.

Aug 22, 2017

Justin talks to us about how to develop ourselves into the best leaders we can be. He takes us through the 15 things that we can do to improve our leadership ability. A quote that came up in the conversation was “The true measurement of leadership is influence”. As Dentists we have the ability to influence our patients into healthier lifestyles. As practice owners we have the ability to influence our staff’s feelings of fulfillment in their work. This episode with Dr. Short not only helps us to become better leaders but illuminates the ways in which being a good leader can promote a healthy and productive practice.

 

Our Episode Resource Page where you can find all of the resources from our episodes - for free!

Join our New FB Group!

 

Reach out to George- Georgehariri@gmail.com

Dr. Justin Short has a highly successful practice, Des Peres Dentistry in St. Louis.  He inspires other dentists to design their practice to serve their life.  The Lifestyle Practice helps dentists build practices where they work less, profit more, and get to finally enjoy the lifestyle they deserve!

 

Aug 18, 2017

This week we interview Ike Urling, a fourth year dental student at MWU. Ike shares with us his journey to finding an amazing off market practice in one of the most saturated areas of Arizona. Ike used methods that Jordan Thomas discusses in episode 2-21 to find his ideal practice. He also delves into a crucial aspect of making these opportunities a reality: relationship building!

It has always been our goal here at Shared Practices to provide real, relevant information that helps dentists pursue their dream of practice ownership. Ike represents the reality of this goal and we are happy he has joined us in this episode to continue to help educate others on their path to ownership! Enjoy!

 

Our Episode Resource Page where you can find all of the resources from our episodes - for free!

Download: Ike Urling’s Mailer


Connect with Ike on our new FB Group

Reach out to George Hariri - Georgehariri@gmail.com

Ike Urling is a fourth year dental student at Midwestern University in Glendale, AZ. He is from small town called Snowflake located in in North Eastern Arizona. Ike attended Scottsdale Community College and Arizona State University. He is happily married with one daughter.

Aug 15, 2017

Do you want to get inside the head of a guy who’s office grossed 1.7 million while only working 3 days a week? So did we! This week we begin our mini series of interviews with Dr. Justin Short, practicing dentist and owner of The Lifestyle Practice, a practice consultant and education company. Justin discusses the tools he used to create his personal vision and explains how he turned that vision into reality while navigating the challenges along the way. This is a great episode that will set the stage for the amazing content coming up in our mini series of interviews with Dr. Short.

Login onto Facebook and post any questions or topics that you would like us to discuss with Justin. You can also email at the link provided below.

Our Episode Resource Page where you can find all of the resources from our episodes - for free!

Join Our FB Group

Reach out to George Hariri - Georgehariri@gmail.com

Send Justin an email: http://thelifestylepractice.com/contact/

Justin’s page: http://thelifestylepractice.com/

 

Read more at http://sharedpractices.libsyn.com/podcast#iBtJuqBIG71eItUP.99

Dr. Justin Short has a highly successful practice, Des Peres Dentistry in St. Louis.  He inspires other dentists to design their practice to serve their life.  The Lifestyle Practice helps dentists build practices where they work less, profit more, and get to finally enjoy the lifestyle they deserve!

Aug 11, 2017

Welcome to another episode of the Shared Practices Podcast! This week we’re sharing a conversation we had a with a young doc from N.C., Dr. Jordan Thomas. We dive deep into Jordan’s fascinating story of acquiring a practice immediately after graduating this summer. He gives us a lot of great tips and insight on his process for identifying where you want to practice, doing the demographics in a systematic and thorough way, and most importantly, reaching out to the selling docs effectively. Jordan also has a really interesting take on a LOI versus a purchase agreement in a deal, and gave us a unique perspective on what situations one or the other (or neither!) might be the best option. We learned a lot talking through Jordan’s story of ownership and hope you do too. Thanks again for listening and we’ll catch you next week on the Shared Practices Podcast!

Our Episode Resource Page where you can find all of the resources from our episodes - for free!

Join Our FB Group

Reach out to George Hariri - Georgehariri@gmail.com

Download: Jordan Thomas Mailer

Dr. Jordan Thomas is a 2017 graduate of the UNC School of Dentistry. He has had a passion for business ownership since his childhood, and decided he wanted to go into dentistry to treat patients well, build relationships, and grow a successful group of practices. He began reaching out to various dental practice owners throughout the state of North Carolina a couple years ago, and through his efforts is successfully transitioning into practice ownership straight from dental school.

 

Aug 8, 2017

Dream big! This episode Justin takes us step by step in developing our ‘Why, Vision and Goals’. We encourage everybody listening to open a word document or grab a sheet of paper and join us in determining the answers to these crucial questions. Already done it? Do it again! Visions and goals change with time so it’s never a bad time to re-evaluate their relevance as we continue to evolve in our careers and in our lives.

We would love to hear your Whys, Visions and Goals so login to Facebook and share with us. Enjoy the episode!

 

Our Episode Resource Page where you can find all of the resources from our episodes - for free!

Join Our FB Group

Reach out to George Hariri - Georgehariri@gmail.com

Send Justin an email: http://thelifestylepractice.com/contact/

Justin’s page: http://thelifestylepractice.com/

 

Read more at http://sharedpractices.libsyn.com/podcast#iBtJuqBIG71eItUP.99

Dr. Justin Short has a highly successful practice, Des Peres Dentistry in St. Louis.  He inspires other dentists to design their practice to serve their life.  The Lifestyle Practice helps dentists build practices where they work less, profit more, and get to finally enjoy the lifestyle they deserve!

Aug 4, 2017

Welcome to another episode of the Shared Practices Podcast! We had a great interview this week with Dr. Justin Short, a dentist from the St. Louis area and owner of The Lifestyle Practice - a consulting and education company that helps you define and achieve your perfect lifestyle. We’re taking a break this week from the jam-packed, intense-note-taking style episode to give you a show more about mindset and vision for the lifestyle you want. We talk a lot about the idea of developing a vision for your practice and lifestyle, whether multiple practices is the best or only model for reaching that vision, and unintuitive ways to build rapport and case acceptance. One of the big takeaways we got from the show is Justin’s unique take on the power of small teams - it is a pearl that is not to be missed! Thanks again for listening and we’ll catch you next week on the Shared Practices Podcast!

Our Episode Resource Page where you can find all of the resources from our episodes - for free!

Join our new Facebook Group!

Send Justin an email: http://thelifestylepractice.com/contact/

Justin’s page: http://thelifestylepractice.com/

Dr. Justin Short has a highly successful practice, Des Peres Dentistry in St. Louis.  He inspires other dentists to design their practice to serve their life.  The Lifestyle Practice helps dentists build practices where they work less, profit more, and get to finally enjoy the lifestyle they deserve!

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