Difference between a “REMINDER” & a “PROMOTION”

Every now & then then we get emails in our inbox “ See us at stall number  XYZ in XYZ exhibition.”

I know of dentists who send cards to all their patients on Deepavali & New year.

These are

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Personal finance for dentists

There are a few points regarding personal finance for dentists. I will elaborate on then briefly.

  • Personal financial life & professional financial life of a dentist cannot be differentiated. Both of them are interlinked.
  • If you want you practice to be profitable the first thing to do is to set your personal finances in order .In fact, in my consultancy the first thing I do is to start looking at the personal finances & set them right of whomever I am mentoring.
  • Dental surgeons can learn orthodontics, implantology & endodontics etc by reading books & seeing videos but you cannot learn practice management by just reading books or seeing videos.
  • Dental surgeons will require hand holding from a practice management mentor.
  • (Disclosure:- I am in the business of mentoring dental surgeons. As would be obvious for a fee).
  • Practice management mentor will start analyzing the current finances, draw up a short term, medium term & a long term plan, both for personal finance as well as for professional finances. He will evaluate & modify them at regular intervals. The whole process takes time & there are no immediate results. If you work hard it takes a life time to build up a practice. If you work smart it might become profitable.

For help on any personal and professional financial issues send a email to : admin@dentistrytoday.info

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There are 2 dentists in every building on my street.

I keep on hearing this everyday.

So what is to be done?

Here are my few thoughts.

To begin with take a real hard look at all aspects of your practice. For this you will require the help of

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