As the country experiences strange financial anomalies only prevalent in economic downturns, we’ve decided to show you how to prepare for the worst while still expecting to turn a profit and grow your dental practice. We are joined once again by Dr. Roger Levin, Founder of Levin Group – the leading practice management and marketing consulting firm in dentistry – and he begins today’s conversation with his thoughts on the current economic climate and how economic downturns have affected dentistry historically. Then, we discuss what dentists and surgeons should be hyper-aware of at this time of financial uncertainty, why uncertainty is the only guarantee, how financial pressure affects the way practices operate, and the undeniable importance of paying careful attention to your referral marketing program. We also unpack the three stages of success, what fee-for-service practices should be focusing on, how referral marketing helps boost ROI, and the upside of being optimistic amidst a recession. To end, Dr. Levin examines patient financing options, the correlation between staffing and economic turmoil, the dangers of cutting all expenses as a knee-jerk reaction (especially those that pertain to practice efficiency and staff morale), and why he’s willing to fully reimburse your purchase if you don’t like the books he recommends.
Key Points From This Episode:
Links Mentioned in Today’s Episode:
Dr. Roger Levin on LinkedIn — https://www.linkedin.com/in/roger-levin-69ab744/
Levin Group, Inc. — https://levingroup.com/
Levin Group, Inc. on YouTube — https://www.youtube.com/@LevinGroupInc
American Association of Orthodontists — https://education.aaoinfo.org/
Conquering Crisis — https://www.goodreads.com/book/show/217182453-conquering-crisis
The 5 Types of Wealth — https://www.the5typesofwealth.com/
Kingmaker — https://www.goodreads.com/book/show/203956642-kingmaker
Everyday Oral Surgery Website — https://www.everydayoralsurgery.com/
Everyday Oral Surgery on Instagram — https://www.instagram.com/everydayoralsurgery/
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Crime Junkie
Does hearing about a true crime case always leave you scouring the internet for the truth behind the story? Dive into your next mystery with Crime Junkie. Every Monday, join your host Ashley Flowers as she unravels all the details of infamous and underreported true crime cases with her best friend Brit Prawat. From cold cases to missing persons and heroes in our community who seek justice, Crime Junkie is your destination for theories and stories you won’t hear anywhere else. Whether you're a seasoned true crime enthusiast or new to the genre, you'll find yourself on the edge of your seat awaiting a new episode every Monday. If you can never get enough true crime... Congratulations, you’ve found your people. Follow to join a community of Crime Junkies! Crime Junkie is presented by audiochuck Media Company.
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