Scale Up Or Scale Out? | 5-Minute Fridays

As an orthodontist or a dentist, there comes a time when you give serious thought to scaling your practice.But what nobody really talks about is what scalability actually means. Understanding what we need to do for our practices to get them bigger and more effective is key.Now, there are two types of scalability:Scaling upScaling outIn this episode, I take you through the process of scaling and what it entails by using practical examples of what we have done in our practice and when you should consider doing them.The question for you today is, where are you right now in your practice, in terms of scaling up or scaling out, relative to where you want to be?To learn more about scalability, join Dr. Ben Fishbien, Amanda Floyd, and Dr. Sarah Howle For the "Orthodontic Practice Management and Marketing for Growth and Scalability" Course in April 2022 at the OrthoPreneur University.  Key Takeaways - What scalability entails (00:33)- The 2 types of scalability (00:52)- When you should consider scaling (02:30)- Practical examples of when to scale (03:01)- Are you ready to scale? (04:41)Additional Resources🔹  Register for Dr. Ben Fishbein's course here: https://orthopreneurs.com/practice-management-and-marketing-for-growth🔹  Register for OP Summit 2022  here: https://opsummit2022.com/🔹 For more information, visit: https://orthopreneurs.com/🔹 Join our FREE Facebook group here: https://www.facebook.com/groups/OrthoPreneurs

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What does it mean to become an Orthopreneur? Hi there! My name is Dr. Glenn Krieger and I believe that in today’s competitive world, the orthodontic and dental communities should be collaborative. And I've created Orthopreneurs so that we can move towards that goal together. Orthodontists are smart people. You’ve accomplished a lot to get where you are, but chances are you never got a formal education in how to run the most effective and lowest stress practice possible. Don’t sweat it! Because we’ve got your back... Being an Orthopreneur means that you’re a part of a community. A community that brings peers together to become the best clinicians and the best business owners they can be. Becoming an Orthopreneurs means you never ever need to practice alone. Join the FREE Facebook group by simply applying:https://www.facebook.com/groups/OrthoPreneurs