Shared Practices | Your Dental Roadmap through Practice Ownership

Latest Episodes:

Coaches Corner - Beyond Bonuses: How to Build a Culture of Buy-In Apr 14, 2025

Show notes

In this Coach’s Corner episode, Richard and Caitlin dive into one of the most common challenges for practice owners—getting their team to truly buy in. Spoiler alert: It’s not about throwing more money at the problem! They break down three key areas that drive real engagement: genuinely caring about your team, defining the “why” behind your practice, and clearly communicating your vision and expectations. If you’ve ever felt frustrated by a disengaged team, this episode is for you.

Ask George - What to Expect When You're Expanding Apr 07, 2025

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Expanding a dental practice is an exciting but high-stakes challenge. In this episode of Ask George, Richard and George take a deep dive into the operational and financial realities of scaling up. From hiring the right office manager to streamlining systems for efficiency, they discuss the critical steps that can make or break a growing practice.

The discussion also touches on the financial stress of expansion, how to prepare cash reserves, and why managing risk wisely can mean the difference between a thriving multi-doctor office and a financial disaster. Whether you're adding an associate or considering a large-scale expansion, this episode offers real-world strategies and key insights to help you navigate the process successfully.

Dr. Simon Wu: How He Doubled His Practice in 18 Months Mar 31, 2025

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In this episode of the Shared Practices Podcast, Dr. Richard Low interviews Dr. Simon Wu about his journey from associate to successful practice owner in Southern California. Dr. Wu shares how he navigated the challenges of buying a practice with high overhead and low new patient flow, the strategies he used to turn it into a thriving business, and the role coaching played in his success. Listeners will gain insights on evaluating practice opportunities, negotiating PPO fees, and scaling a practice while maintaining work-life balance.

Achieving Financial Escape Velocity as a Dentist Mar 24, 2025

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Dr. Richard Low and Dr. Alex Sharp dive into the personal financial strategies that dentists need to achieve financial escape velocity. They discuss how to manage student loans, build financial security, and make the strategic moves that lead to wealth and financial freedom. Whether you’re a new associate, an early practice owner, or looking to optimize your finances, this episode provides real-world advice on increasing income, building net worth, and making the right financial decisions for long-term success.

Ask George - Should You Start or Acquire Practice #2 and Beyond? Mar 17, 2025

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Expanding from one practice to multiple locations is a whole different ballgame—are you ready for it? In this episode of Ask George, Dr. Richard Low and Dr. George Hariri break down the critical decision points, from assessing your readiness to navigating the burdens of multi-practice ownership. They dive deep into the challenges of acquisitions vs. startups, the importance of long-term vision, and why patience and quality always outweigh reckless growth. If you're thinking about scaling your practice, this is the must-listen roadmap to doing it right!

From A Dinosaur Practice to Digital Success with Dr. Mohiuddin Ifaz Mar 10, 2025

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In this episode, Richard Low sits down with Dr. Mohiuddin Ifaz and Lori Williams to discuss an incredible practice transformation journey. Dr. Ifaz shares how he acquired and modernized a 40-year-old dental practice with no digital systems, turning it into a thriving, fully digital, fee-for-service practice. Lori, one of Shared Practices' top coaches, details the critical role of coaching, team management, and strategy in scaling a practice successfully.

Practice Under Water with George - Part 2 Mar 03, 2025

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In Part 2 of our deep dive with Gregorio, we lay out the step-by-step blueprint to scale his $1.9M, 7-op practice into a $3.5M mega-group practice—all while reducing his clinical days to just two per week. George walks through the critical decisions Gregorio must make, including expanding the facility, hiring the right associate, and implementing an office manager to streamline operations. They also discuss profit-sharing vs. equity, how to finance the expansion without disrupting cash flow, and why a strategic hiring approach will be the key to long-term success.

If you haven’t listened to Part 1, go back and start there for context!

Practice Under Water with George - Part 1 Feb 24, 2025

Show notes

In this episode of 'Practice Underwater', George Hariri sits down with "Gregorio," a real dentist with a fake name but real numbers. After a four-year journey from associate to owner, Gregorio now runs a thriving $2M practice but faces a major crossroads—how to scale his business while reducing his clinical hours. George dives into Gregorio’s background, practice dynamics, and vision for a two-day clinical work week while maintaining high profitability. They explore his implant and endo-heavy clinical mix, the bottlenecks in hygiene, and the expansion potential of his facility. Is he on the path to a $3.5M practice, or should he drop insurance first? Tune in to hear the breakdown and strategy for his next move.

Growing a Fee for Service Group Practice with Dr. Jesspreet Parmar Feb 17, 2025

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Dr. Jesspreet Parmar shares his incredible journey from solo doctor to scaling a thriving fee-for-service group practice—but it wasn’t all smooth sailing. From navigating a rocky practice acquisition and staff drama to unlocking massive growth through hygiene, leadership, and internal marketing, Dr. Parmar reveals the hard lessons and game-changing strategies that took his practice to $2.4 million in collections. Tune in as he and Shared Practices coach Caitlin Embree break down the mindset shifts and tactical moves that made it all possible!

Selling to a DSO - When Would It Make Sense? Feb 10, 2025

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Selling your practice to a DSO can be tempting, but is it the right move? In this episode, Dr. Scott Leune joins us for part two of our deep dive into practice sales, exploring when it actually makes financial sense to sell and how to avoid the biggest pitfalls. We break down net multiples, walkaway options, and the long-term impact of your decision—so you don’t trade one set of problems for another. If you're considering selling, this episode is a must-listen!