CHALLENGES THAT FACE DENTISTS AND THE HELP OF A COACH TO OVERCOME THEM
Whether you are working on growing your dental practice with new patients or creating systems and processes for your practice to SCALE the practice, there are challenges you will be facing. Many dental practice clients that we talk to lack confidence but are very passionate about their dentistry. Their lack of confidence comes from not really knowing or understanding the keys to grow the practice through business training, leading the team, establishing a marketing presence that overtakes your competition – while keeping the your revenues up and not eating into your profits.
Many of our clients work with us as their dental business coach tell us many challenges that they face when running the practice:
CONFUSION ABOUT THE BUSINESS PRACTICE
We get it… you spent 9-15 years in school to understand all the ‘ins-and-outs’ of the medical side of your career – NOT necessarily in growing your business. You probably heard something like, “if you build it they will come…” WAIT – that is a movie! But in reality you probably heard something like that about your practice. We hate to be the bearers of bad news, but your industry is HIGHLY COMPETITIVE!
We understand that at the end of the day when you are working with patients, the last thing you want to mess with is ‘scaling’ your practice. We will help you become familiar with your business practice so that you can NAIL it, then SCALE it.
NOT KNOWING THE EXACT GOALS TO GROW THE DENTAL PRACTICE
Without having a plan or a path for reaching obtainable goals, you can get caught in the ‘meandering’ or ‘just getting by’ and reaching. You need to attract patients and not increase debt, but you don’t have a clear cut path to obtain that. Defining your goals is a key part in partnering with a dental coach. Our team will hold you accountable and ensure that you are on a path to reach your destination.
LACK OF FINANCIAL PLANNING AND TRACKING
If you don’t adopt an approach to track and manage your money on a weekly and monthly basis, it will be difficult to see if or when you achieve your goal of financial stability. This is incredibly common for almost any small business owner.
On top of that, where are all your leads coming from? With our dental coaching practice we want to ensure that your money is bringing in quality leads and we are not wasting our money. We always tell our clients to not operate on feelings or emotions, but on what the data is telling us!
Our team will help establish an approach to ensure that the tracking and financial planning all coincide!
BUILDING RELATIONSHIPS TO GET REFERRALS OR IDEAL AND LIKELY BUYERS
Because you are busy growing your dental practice it is wise to seek out a dental business coach to help coach you down the path to establish business relationships. In medicine these relationships are critical and can lead to your practice providing treatments.
Are you having trouble with hiring? Hiring is the lifeblood of your organization and not just any hiring – but hiring individuals that meet your team temperament and create team players that can directly or indirectly work with the patients.