Subscribe to our Column

(888) 816-1511

7 Benefits of a Mastermind Group for Dental Practice Owners

Published on May 13, 2012 by

You may be wondering “what is a Mastermind Group” and “how can I benefit from a Mastermind Group?” I have asked the same questions to myself and now that I am in a mastermind group I have found it to be the biggest ROI for my business this year.

Are you asking “How can I benefit from a Mastermind Group?”  Here are some answers that may resonate with you:

1.      Cultivating Success

A group of “like-minded professionals will meet. Our purpose is to grow and succeed. During the live sessions as a good group, you have a safe place to be real without fear of judgment. The thoughts and energies of the members combine to create a unique atmosphere. Ideas are shared, more ideas are generated, which generates more sharing, etc. The whole is truly greater than the sum of its parts. If you have read the book “Think and Grow Rich” you may remember this from Chapter 10. If you have not read this book, consider this to be a “MUST READ” for success in your business!

2.      Perspective

When you associate yourself with the same people day after day and year after year, you tend take on the same perspective. It’s simply human nature. It is incredibly refreshing to belong to a mastermind group with people of differing views and perspectives. They will help you to see things in your business from a completely unique vantage point. You may find yourself trying things you would have never even imagined.

3.      Unique You

You are able to be You. Within this environment to cultivate success you are able to discover your own uniqueness and find what sets you apart from all the rest. This is where “What you do and The WHY you do what you do becomes unique to you. This is how you can be well known in your community for what you do!  The acceptance and encouragement from the group naturally invites a type of self-actualization not found in many other places.

4.      Authenticity

Do you know what your REAL Purpose in your life is? Why are you the best dentist in your community? What were you born to do best? In this environment you become more aware of the who…the what… AND… the why you do what you do. This environment is where you realize there’s something that only YOU can do.

5.      Fuel and Fire

There may be days in your dental office when you feel burned out. You just do not have that energy necessary to make it through the day and then some. Let’s face it, there may be weeks on end where your energy is lacking.  A good mastermind group will bring the energy back to you and also to your day at the office.

When ideas are flowing back and forth, real energy is created that carries over into your dental practice and most importantly your personal life, (The family and friends you love) for days, weeks and months. It is like you just got a shot in the arm. A painless shot!  All you feel is energy.

This renewed energy, during each day, can work wonders for leaping forward in life. Get the injection and make a DIFFERENCE in something that will  revitalize your entire team, your patients and provide you the necessary cash flow to live the life of your dreams.

6.      Synergy

This is the very best part of the mastermind group! An idea or concept that started as one thing will morph, and morph again. Your ideas and new concepts will be added to, carved and chipped away at, and they will turn into a life of its own. Often times something that’s not even recognizable from what it started from. In fact, sometimes it has NOTHING to do with what it started from.

This is my favorite part of being part of a Mastermind Group! The ideas that come from this synergy of the group can be incredibly dynamic. Many times it happens for ALL of the people in the group. Partnerships are formed. You just never know what will be when like-minded professionals all get together!

You are sure to find other benefits of the mastermind group that are just your own.

7.      Mindset + Action = Lifestyle

As you re-create in your mind and in your set of goals, the opportunities available to you are endless. Your mind and the brain cells that set your mind on fire will create change. As your mind changes you grow, you leap forward and become the authentic you. This is where your entire life shifts. Your actions will flow from that inner mindset change and everything around you changes. This is when the “good stuff” begins to show up and the “bad stuff” flows away from you. AND Yes, this is when even your income changes. As you grow so does your income!  The relationships around you grow and so does everything else in your life which will bring you peace, joy and your dreams now become your reality!

When you are surrounded by like-minded professionals, you are most  likely to find, as countless others have, that you will naturally begin expressing encouragement to others and LEAP forward in your own life.

The beautiful result is, as you become the PERSON you were meant to be, others will  come to know, like and trust you and by default, you end up selling and/or becoming more of  the YOU that you were meant to be.

Am I suggesting that you can’t be successful without being a member of a mastermind community? Not at all.

But I am suggesting that it’s likely to help you get to success if you are in a Mastermind Group with like-minded dental professionals.

While you’re here, take a peek at the mastermind group that begins now!

SO…Are you READY to Leap forward and Join our Mastermind group of like-minded professionals just like you?!

As always, your comments are welcomed.

 

 

Digg Delicious Reddit Stumbleupon

2 comments

TAKE THE ACTION THAT WILL CREATE THE CHANGE YOU NEED TO BE!

Published on May 7, 2012 by

It makes complete sense that becoming a dentist appears and may sound very attractive to many young high school or college students today. The traditional work model for a dentist and even a dental hygienist seems like a good fit for men and especially women. For a woman they are possibly thinking about raising a family. For many, being able to custom-design a business that fits the lifestyle we want is the ultimate dream!

The downside is that Dentists are also business owners. When I met with the dental students at USC in Los Angeles, they have no clue, no knowledge about becoming a business owner and being an entrepreneur. Being an entrepreneur requires one KEY quality: the willingness to take risks. And this is where I see many promising dental professionals and new dental practice owners struggle.

You see, when I mentor a client, they always start out saying “I am finally ready to step up and build a very profitable dental practice.” Then, we get to that place where they may be required to “take a risk”. Often what happens is—while in the beginning having the support of a coach/consultant sounds exciting, all seems wonderful—but then it tends to get uncomfortable and I find that clients begin to crawl into their black hole. They begin to say things like: “I’m not ready for x yet.” Or “x is too …!” “Why don’t we start with w or z first?” Or, “v sounds great, but let’s save it for six months from now.

This is not unusual, because honestly we are not programmed to just “go for it”. When we are born, we first crawl, then we walk. In school, we go to grade one, grade two, middle school, high school and so forth. In college, we become freshmen, sophomores, juniors, seniors- -THEN you are accepted into dental school. Not many dental schools today offer business skills. Then REALITY SINKS in soon after graduation! In the real world, you may start out as an associate dentist and then you move up in the world a few years later to buy your own practice

The problem is, this “grade school” way of thinking stays with us for life. And when you also add in the fact that essentially at the DNA level most of us are wired for safety, you can see why this becomes a big hurdle.

If you are ready to step up into a bigger purpose and make a big change in your life, this type of ladder-type thinking will defeat you. It feels safer, but in the end, it will get you nowhere. At the most, you may make a step in the right direction, but most often you’ll end up back where you started.

Big gains in your personal income and your practice profits will come from leaping—not ladder climbing. This will take some adjustment to your thinking– your mindset.

To help my clients start thinking in “leaps”, I recommend they read a few great books such as The E-Myth by Michael Gerber or Good to Great by Jim Collins, just to name a few. Then there are the biographies of big-thinking entrepreneurs like, Oprah Winfrey, Donald Trump and Bill Gates, etc.

In most of these books you will find that when these people came across big opportunities, they were in line with their mission, and never did they shy away. They jumped in all the way—even when the resources they needed to do so weren’t apparent yet. They took risks!

Did you get that last part? They said YES even when they weren’t sure how they would do it, where they would get the money, or who could support and guide them to do it all. Very quickly they found—sure enough as you will too—that when a big opportunity presents itself and you step up and say “yes”, and when you truly believe in your heart that this goal is yours, suddenly the universe seems to rearrange itself to help you. Have you ever thought “The force is with me?!” Now is your time to create the change that takes you where you deserve to be! Feel safe in taking the action that will create the CHANGE! This change creates a positive power down the pefect path for your success in life.

And here’s the good news… You typically don’t have to go looking for these opportunities. These are usually right in front of you, or one will soon drop in your lap. Once you declare you are ready, your awareness is heightened, a shift occurs, something presents itself, and you will suddenly see the path to all that you, your business and your life, can truly be!

I hear countless times from my clients, as I will use an example here; that they were not sure where they would get the money to pay for a years’ contract of my services. Surprisingly enough, once they signed the contract, suddenly, the resources they needed to pay for the consulting services – surfaced. Funny how that happens!

So, are you really ready to be an entrepreneur? Is your pulse racing? Did you feel a shift here? If your heart is right now is shouting, “Yes!” here are some examples for you to take action and create the change for success:

  • Do you know how to increase your income in 2012?
  • Do you want to create a few new income streams to increase your own paycheck? How many profit centers do you have in your dental practice today? ANSWER: Many!
  • Are you aware of an expert coach, consultant, mentor whom you could hire, or whose training or coaching program you could join?
  • Are you aware of a powerful event you could attend that could help fast-forward your success? See below for this answer
  • Is there an influential person whom you know if you connected with could change your trajectory of success? Again look here

Here is the scoop… Save your SPOT, register for your place, invest in our low cost high ROI Mastermind Program or our RAISE Virtual Program – choose what that step is—and make that big move. All your rewards are waiting… if you’re ready to make the leap!

 

Digg Delicious Reddit Stumbleupon

2 comments

California Dental Association Anaheim Meeting

Published on May 5, 2012 by

Dentistry Today Live Blog

Click on the above link to Catch up on the meeting in case you missed the CDA in Anaheim this year. Great turn out!

Journal: Hygiene Today Article “Getting to YES for Non-Surgical Periodontal Treatment.” Author Debra Seidel-Bittke, RDH, BS

May 2012 Issue. Page 76.  READ HERE

COVER OF HYGIENE TODAY

 

 

Digg Delicious Reddit Stumbleupon

No comments

DENTAL HYGIENE DEPARTMENT CREATES MILLION DOLLAR PROFIT CENTER

Published on April 30, 2012 by

For many years the dental hygiene department has been known as a loss leader. We live in a new era of dentistry. If you have specific systems in place you will add value to your patient services, increase case acceptance and increase your dental business profits.  Here is a 6 step process to streamline this process and increase your profits.

For many years the dental hygiene department has been thought of as a loss leader. Furthermore, many dental professionals believe they must see more patients each day and complete more procedures during a patient appointment to become more profitable. Perhaps, if you are a dental hygienist, when you hear the phrase, “Increase profits,” you cringe and think of working longer hours.

The good news: This doesn’t have to be the case for you! But why are some hygiene departments more profitable than others? We’ll tell you why and share the secrets to success in 6 steps. Times have changed, and the business of dental hygiene can mean profits for the entire dental team. When the correct systems are in place, a day in the dental office will feel less like a migraine and more like a mission accomplished

1. Understand the Importance of the Hygienist’s Role

Hygienists play a huge role in the growth of a dental practice today. In fact, the hygiene department should be the second-largest profit center in the dental practice. Think of the dental hygienist as an ambassador for the dental practice. Indeed, the hygienist is in a very unique position, spending a large majority of one-on-one time with patients in the chair. The hygienist is first in line to present the risks and benefits of preventive and aesthetic dental treatments. The dental hygienist can, thus, set the stage to help patients accept treatment plans, large and small.

Furthermore, when a hygienist sees the same patients multiple times a year, he or she has a chance to develop personal relationships with these patients — and this means building more trust. This added trust will, then, make patients more likely to listen to the hygienist’s treatment plan suggestions and more likely to ask the hygienist for help in their decision-making process.

Examples of where a hygienist can — and should — get involved with suggestions and decision-making include:
• Choosing the best restorative options
• Deciding upon various cosmetic/aesthetic procedures
• Understanding preventive products, such as power toothbrushes and knowing which one is best for them
• Choosing which mouth rinse to buy and what toothpaste is best suited for their oral condition.

2. Foster Daily Teamwork

All successful businesses begin with a collaborative team. Even the vocabulary the world’s most successful businesses use will describe their employees and show the companies’ high regard for teamwork. Wal-Mart employees are known as associates. When you’re a guest at the Ritz Carlton, employees and guests are known as, “ladies and gentlemen, serving ladies and gentlemen.”

And there’s no reason your dental office can’t emanate (and profit from) these very same values. For starters, everyone should be on the same page. Each member of the dental team needs to be enthusiastic and well-versed in discussing the benefits of preventive and aesthetic dentistry. Also, the doctor and the auxiliaries must share a practice vision and philosophy for patient care. That’s where dental professionals can make a difference. Expert dental coaches can analyze your dental office’s highest potential and create a custom, step-by-step plan that capitalizes on your practice vision and brings you more success than you thought possible.

Meanwhile, start with a morning team huddle to get your team on the same page, and if you don’t already, plan monthly team meetings to provide a time for collaboration and exploration of new ideas and systematic processes. This is where the right hand learns what the left hand needs to do, so to speak. Then, your team will have the ability to be in complete harmony… which leads to higher profitability. Taking time during team meetings to set the backdrop for a seamless day at the office creates added value to the patient services — and the team doesn’t feel dead at the end of the day.

Let’s not forget the value of dental team-to-patient teamwork. When the dental team takes time to review its patient communication skills and the team understands how to communicate the science behind the art of dentistry, patients see the opportunity (and importance of) optimal health. This is when it becomes a winning situation for the patient and the dental practice. See a trend here? If you can build a relationship where the patient looks to the hygienist as a trusted advisor, patients are more willing to agree to an optimal plan of care — which means better health for them. And remember: happy patients refer other patients to your office. It’s a win-win situation.

3. Move Beyond the Prophy


A critical item to discuss in your team meetings is changing your practice’s treatment approach paradigm. Many dental practices in this new era of preventive dentistry face challenges moving from the Prophy to treating the patient’s total health. Many dental hygienists today still feel pressure to complete the cleaning when; in fact, the most important service they can provide is education and a treatment plan to reverse the disease process.

Diagnosing and treating based on what insurance will cover or based on what the patient wants, instead of what the patient’s needs, helps neither your patient nor your practice.

So here’s another example that demonstrates the value of your dental hygiene department: When the hygienists regularly move beyond the Prophy, they add value to the patient’s services. Most patients see their dental hygienist more often than their physicians. And when you begin offering a variety of services, such as blood pressure screenings, oral cancer exams, fluoride treatments, xylitol products, periodontal exams, smile analyses, etc., you increase the value of your services — and your patients start to see amazing potential to improving their overall health just by visiting the dentist. Plus, many of these services incur a small fee, adding to the profits of the dental hygiene department.

Afraid you’ll scare your patients away if you go beyond the Prophy and present a treatment plan that’s in their best interest? You won’t, if you show patients you’re on their side. You can’t go wrong with stating the facts. Always present the scientific evidence to support your findings. Then, show patients their options, along with the risks and benefits of completing and not completing treatment. It is when you discuss the science and your expert knowledge of oral health that you add value to your services. The increase in profitability will come alongside when patients sit up, listen, and then take action to treat their disease.

4. Tap Into The Recare System Gold Mine

Remember that myth we busted at the beginning of this blog, which you don’t need to pack in extra patients each day to build profit? If you’re still wondering how this works, the answer is in your practice’s recare system — with your hygiene department at the helm.

Imagine the hygiene department as an energy cell and the recare systems the mitochondria of the dental practice. When a well-developed system is in place, your practice will experience increased profits.

The key is in pre-scheduling. That is, before the patient leaves the hygiene room, the hygienist or hygiene assistant schedules the patient’s next appointment. The hygiene department has the best auxiliary to schedule the next appointment because they intimately understand the patient’s needs and desires for the next appointment and the necessary procedure to schedule. This is your ticket to success: You must have close to 95% of your hygiene patients leave with their next appointments already scheduled. And you should know the barriers and patient objections which may occur ahead of time so you can plan accordingly in your team meetings.

For example, many times patients will not know what they are doing in two weeks, and especially they may not know their schedule in 4 or 6 months. So, the hygienist and the hygiene team need a plan of action to communicate with patients who may object to scheduling a next hygiene appointment.
Short on ideas? Try this: Take time during a team meeting to role play, and create a plan of action for various types of objections patients have toward scheduling a next appointment. Also, keep in mind that so many people these days carry smart phones and PDAs with their calendars, so a patient with a device like this can easily check his or her schedule and add to it instantly.

One dental practice our team of experts worked with originally had 75% of their hygiene patients leave the hygiene appointment without scheduling a next appointment. With help and guidance, the team has taken on a new attitude. Here is an example of a patient dialogue after the team changed the way it communicated and viewed the appointment schedule.

Kris (Hygiene Assistant): “Beth, I understand that you travel a lot, and I want to make certain that you return in three months for your regular maintenance appointment. Today, I found a few areas that are bleeding, and I am concerned that if you call us to schedule you next hygiene appointment, we won’t be able to accommodate your schedule. I want to suggest that you make your next hygiene appointment today so we can attempt to accommodate your busy travel schedule. If you find you can’t make this appointment, then you are welcome to call us a month before the appointment to reschedule. I know you prefer to come later in the day, and we have so many patients who want this time of day, that it is best for you to schedule this appointment today and only change if you find there is a conflict.”

Beth (Patient): “Mary, I understand what you are saying. I am a procrastinator, and I can see how waiting to make my next appointment can most likely create more problems in my mouth. I really do not like hearing my gums are bleeding, and I believe that I can rearrange any travel plans or change my work schedule so I don’t have to change this appointment. From what I heard today about my mouth, I really want to take better care of my teeth and gums. I never knew how important the gums are to my overall health.

Kris: “Beth, I am so happy that you understand how important your oral health is to your overall health. We can see you on Tuesday November 12th at 3:30pm. Will this time work for you?”
Beth: “I’m looking at my calendar, and I don’t see any conflict with this date or time so let’s schedule it!”

Notice how this type of communication between the patient and hygiene auxiliary allowed the patient to be in control. Beth felt involved in the process of scheduling her next appointment. Beth took responsibility for her health, and she was an active participant in the conversation.

This dental team also has changed to a blocked or tiered schedule which can better accommodate new patient appointments, alongside the preventive care appointments, periodontal maintenance appointments, and scaling and root planing appointments, etc. Not all patients are seen at the same interval of time, but the office can accommodate patients in a timely manner with this type of scheduling system.

5. Improve Cancellation Rates

Scheduling the recare appointment is only half the battle, though. The recare appointment is the most canceled and failed appointment on the dental schedule. And one cancellation per day in the hygiene department will lead to what is called a loss leader. This means a loss in the hygiene and doctor productivity. Many offices experience a cancellation and patient appointment failure rate of 25%. But this need not occur when you use the strategies we suggest. In fact, a realistic goal to set when following these suggestions is 95% or better in scheduling effectiveness.

Most important strategy: Have written guidelines for patients that explain what will occur when they cancel an appointment at the last minute or fail to be present for their scheduled appointment. Some practices post these in a visible place in the office, in addition to having new patients sign that they’ve read and understand the cancellation policies.

Just make sure you write your expectations using positive words. Check out our example below of guidelines written in a positive manner:

“We will always respect your time, and our team will make every effort to schedule appointments that accommodate the needs of all of our patients. In return, we ask that our patients make every effort to keep their reserved dental appointments. When a patient appointment is broken or an appointment is missed, it creates scheduling challenges for other patients as well as for our dental office.

Our dental office will charge a fee for cancellations and appointment failures without 72 hour’s notice. We understand that emergencies and personal situations do arise, so after a series of two failed or broken appointments outside of the 72 hour guideline, a charge will apply to your account before a next appointment is scheduled.”

Bottom line, when effective communication occurs between the patient and the dental team, a change in the patient’s attitude occurs, which translates into improved patient compliance. Consequently, the dental practice will see a reduction in cancellation and appointment failures.

6. Measure Your Success

Seeing the fruits of your labor is extremely important to continued success. Knowing exactly how much your numbers have improved each month can guide you to know where more potential remains. Not to mention, seeing your improvements is a huge morale booster — now you know that all your hard work is worth it!

Not sure how to track your progress? It is recommended that each month, the hygiene team or office administrator run and review (with doctor) a “Production Analysis Report”. This report will analyze all dental hygiene procedures each month to determine what percentage of production the appropriate hygiene department codes represent. And what better time to review this data, which tracks the hygiene department’s effectiveness, than during your monthly team meeting?

It’s exciting, actually. You’ll see that when you implement many of the assessments and procedures just described, you will experience at least a 30% increase in your hygiene department within the next six to nine months.

Services that may account for this increase in hygiene profits are fluoride treatments, (Utilizing the Evidence-based science from CAMBRA) sealants, antimicrobials, xylitol products, oral rinses, toothpastes, 5% sodium fluoride for at home use, and power toothbrushes.
.

Change Your Patient’s Paradigm, Too

A final word: The twenty-first century is a new era for dentistry, and particularly dental hygiene. Cleaning teeth is no longer the standard of care. In fact, we suggest removing this word from your dental practice terminology when talking with patients. Today’s dental teams must talk to their patients about prevention — and the dental hygiene appointment is actually a preventive care appointment.

If the patient has any level of disease, the time to treat is now! Take the classic example of a patient in the early stages of periodontal disease. Phase I of non-surgical periodontal treatment ends with the periodontal maintenance, which is a 4-6 week post-operative appointment to evaluate the disease state. The last appointment of Phase I non-surgical treatment is the first of regular periodontal maintenance appointments. The patient who does not have a healthy evaluation must return for more treatment in the Phase I level of treatment. In fact, this is the time where you may need to refer the patient to a periodontist.

If a patient is healthy at the final evaluation (The first periodontal maintenance appointment) then he or she will return consistently for the rest of his/her life every 3-4 months for periodontal maintenance. Periodically, a patient may have episodes where the disease state returns and the hygienist will need to schedule the patient to return for scaling and root planing and even antimicrobial therapy.
All that said, you must communicate with all periodontal patients that periodontal disease is episodic and the idea that “once a periodontal patient, always a periodontal patient.” If the patient has a hard time taking the information seriously, explain that his/her situation is the same as when a patient is diagnosed with high blood pressure or diabetes.(And various other disease conditions.) The physician will always monitor the disease state even when everything seems to be “status-quo”.

Most successful dental businesses have implemented these systems. No longer will you hear that the Dental Hygiene Department is a “loss leader.” Expectations of the dental professional may be high, but remember you don’t have to take this path of success alone. Begin with these few guidelines to get on the path to where you want to be. And remember, we have many experts available to guide you along the road to success so don’t ever feel like you have to walk the path to success alone. Dream big and happy planning as you embrace this new era of dentistry!

 

Digg Delicious Reddit Stumbleupon

2 comments

What is a Mastermind Group?

Published on April 24, 2012 by

I have found that being a part of a mastermind group allowed me to leap forward with my business. I was able to discover new ways to achieve the same goals but with a guide to draw out my strengths which were inside of me but “I was “too close to see it”. Now, I am where I really want to be and I got there in half the time!

Generally speaking, a mastermind group is a group of like-minded professionals who work together to achieve a particular goal in their own life personally and professionally.

What does a mastermind group look like?

  • A group of 5-10 professionals
  • These people will be like-minded
  • The members of this mastermind group will agree to offer support, encourage one another, bounce ideas off of one another and even promote and support projects for each other when appropriate.

How will members of the mastermind group meet and communicate?
The mastermind groups I’m a part of do most of their communicating via SKYPE and email and my business specifically has a web portal for the group to share ideas and post privately to one another. The web portal allow for specific information to be shared with the group. We meet live – in person–twice– two days at a time.

Are there rules?

Members will receive a general explanation of what the group is hoping to achieve and what’s expected of the members. Personally, I like informal without a lot of rules because it leaves a lot more room for genuine relationship.

What do we do in a mastermind group?
All mastermind groups work differently, but in the ones I’m a part of, we include the following to our program:

  • Brainstorm ideas.
  • Share victories and defeats.
  • Ask for help promoting your services, products, ideas, etc.
  • Want to discover new profit centers in your practice? We will discuss this!
  • Our mastermind group will meet at a location in a calm but scenic environment which is not only relaxing but conducive to growth. Our group will have a light breakfast, light snacks and drinks at the break, a catered lunch, a cocktail hour after one of the two days when we meet live in person.
  • We will shoot the breeze and share life.
  • Each month members receive a 1:1 personal call with me to discover their current needs to move forward, receive support with any challenges or discuss whatever is on their mind
  • We will  meet via SKYPE or a conference call each month and we have guests to present topics which all of the group members find informative and      valuable for them personally and in line with their goals professionally.  These are well known experts in their field such as : New Patients, Marketing, Products for Prevention of Disease and Profits to Your Practice, Communication for “YES” to Case Acceptance, Insurance Billing, and so much more…

For me, mastermind groups have made a huge difference in my success in so many ways and I want to “Pay this forward!”
What about you? Are you currently in a mastermind group? How is this working for you? Any suggestions about mastermind groups?

 

Digg Delicious Reddit Stumbleupon

No comments