Episode #77: Thriving Your Way to Financial Freedom in Your Dental Practice with Gary Takacs

January 19, 2018

Share this idea

Share your quick thought

This presentation is brought to you by Ekwa Marketing, a leader in digital marketing for Growing dentists!

Like this podcast? Share this idea with dentists in your circle who you think might benefit from it.

Key Points at a Glance

  • Gary Takacs, Founder of the Thriving Practice Academy, in conversation with Naren Arulrajah
  • Has beennick named the ‘PodFather’
  • Started in the dental profession in 1980
  • Started the Thriving Practice Academy in 1989
  • Hosts the Thriving Dentist Podcast Show
  • Not a practicing dentist, but owns a dental practice – Life Smiles
  • Encourages work / life balance for more family time
  • Uses the term ‘thriving’ because dentists can change people’s lives and it means dentists and others can achieve personal, professional and financial satisfaction
  • 6 goals for a Thriving practice:1- Overhead no higher than 60 %, ideally 50 %, 2-The ability to create financial independence for yourself thru the practice, 3-All technology that makes dentistry fun, and still control your overhead no higher than 60 %, ideally 50%, 4-High performance team that you truly love and enjoy working with, 5-Patients you enjoy taking care of,6- a treatment mix that gives you satisfaction
  • Unplanned expenses
  • Abundance vs scarcity mindset
  • Moving towards a thriving practice; 1- digital photos for patient education, 2-morning huddle, review patient headshot to remember who you are taking care of that day, 3- work on getting Google reviews (you must have a gmail to write a review, look to see which of you patients has a gmail), 4- KPI: key performance indicators to monitor the performance of your practice

6 Goals for a Thriving Practice

Website: www.takacslearningcenter.com
Email: gary@takacslearningcenter.com

We are waiting to hear from you! Share your thoughts on this Episode or give us your comments here:

Visit our About Page to learn more about Growing Dentist. Click here to Contact Us.

Latest Podcast Shows

Sign up for new Podcasts

Your Peers cannot be wrong! Join the Growing Dentist community! Registration is fast and free!