In this episode of "Just a Couple of Dentists," Eric and Alex welcome Dr. Cory Ball, a recent dental practice owner who shares his journey of purchasing a practice a few months ago. The conversation dives deep into the challenges and realities of practice ownership.
Cory recounts his initial excitement about buying a practice that was only open two days a week, highlighting the potential he saw for growth. However, he quickly learned that the transition was not as smooth as he had hoped. The episode explores the pitfalls of practice ownership, including the importance of understanding the existing systems and staff before making significant changes. Cory candidly discusses the red flags he encountered, such as the lack of organization at the front desk and the challenges of managing insurance claims.
Throughout the episode, we touch on the importance of meeting staff before finalizing a purchase, as well as the necessity of rebranding when taking over a practice with a less-than-stellar reputation.
As the conversation unfolds, Cory reflects on the emotional rollercoaster of ownership, from the initial excitement to the daily challenges of running a practice. He discusses the importance of maintaining a positive mindset and focusing on the small victories, even amidst the chaos of ownership.
Make sure to like and subscribe to the podcast and check out Alex's weekly newsletter JUST TWO MINUTES at www.coupleofdentists.com!
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