Be a Practice Owner, Not Just an Income Producer

Business of Dentistry - A podcast by Dr. Russell Kirk

Categories:

As promised, my guest this week is Mr. Chuck Blakeman, the author of Making Money Is Killing Your Business and Why Employees Are Always a Bad Idea. Join us for a very captivating show where we touch on some very important strategic aspects that we all tend to forget too often. Today’s lesson is that your business can really take off if you understand and apply some simple concepts. Too often we tend to get in our own way when it comes to our practices because we’re too busy trying to make money. The tyranny of the urgent wraps itself around us, while the priority of the important quietly sits in a corner waiting for us to pay attention to it. There are two types of business owners: the income producers that always need to be in their practices in order for everything to function properly, and the true business owners that can take a month off to go on holiday while they keep making money even when they’re away. After reading Mr. Blakeman’s book I re-evaluated my own situation. And after speaking to him, I found yet more hidden practical gems that I can use in order to bring my practice and my life to the next level. Key takeaways: The tyranny of the urgent vs the priority of the important Shifting your mindset The 1000 to 1 principle Strategic plans vs business plans Figuring out your big why Why it’s important to focus on one objective every year Links: Making Money Is Killing Your Business Book GOTT (Get Off The Treadmill) Summit Want to receive our podcast on a weekly basis? Subscribe to our newsletter! Full show notes at: http://businessofdentistrypodcast.com/