The Orthopreneurs Podcast with Dr. Glenn Krieger

Latest Episodes:

Do THIS To Achieve Your Dental Practice Financial Goals In 2023 | 5-Minute Friday Dec 09, 2022

Show notes

As we approach the start of the next year, I want to share something that helps me keep track of my financial goals during the course of the year.
This can apply to your personal and, more importantly, your professional life.
Start by having a general plan of what you want to accomplish by coming up with some sort of projection of your revenue and costs.
This exercise will help bring some predictability to your life and help you manage your practice better. You cannot be an effective manager without written financial goals.
Tune in to learn more about it.
Key Takeaways

What do you want to accomplish? (00:30)
Start by having a spreadsheet with your projections (01:23)
How to project your revenues and expenses (01:56)
Your spreadsheet is your GPS (03:26)
A little hint for newer practices (04:00)
Shoot for the stars (04:25)
The importance of written financial goals (06:13)

Additional Resources

🔹 Do You Want More Profits and Lower Stress? ... Register for the OrthoPreneurs Summit 2023: https://opsummit2023.com/

🔹 For more information, visit: https://orthopreneurs.com/

🔹 Join our FREE Facebook group here: https://www.facebook.com/groups/OrthoPreneur

Hire for Attitude and Train for Skills – Collecting Good People for Your Practice w/ Gustavo Sanchez Dec 06, 2022

Show notes

There are those people you meet who end up having a very good connection, and a great friendship develops.
Today on the show, I have one of these people.
Gustavo Sanchez was a patient at the clinic who ended up becoming a very good friend. As you'll hear his story, he is an incredibly positive person who lights up any room he walks into.
His attitude and positivity eventually earned him a place in our office as a digital lab tech, quickly rising through the ranks to manage the lab, but just as is the case with good people, he didn't take long before he outgrew our practice.
He now works as a Clinical Education Specialist (CES) for uLab, a position that enables him to talk on different stages and visit many orthodontic offices across the country.
Gustavo has a lot of great information he brings to the table for doctors, team members, or just anybody who wants to hear his story.
Listen in for his suggestions about ways to:

✅Create a unique practice culture

✅Building a good relationship between doctors and team members

✅Approaching conversations with grace and respect

✅Setting aside your ego in the pursuit of excellence

Check it out!
Key Takeaways

Meet Gustavo Sanchez (02:01)
Collecting good people in your life (06:10)
Let go of things to learn more (08:54)
How you leave something is how you enter another (15:16)
Removing fear from the doctor-team dynamic (22:30)
Feed your Ego or feed your family (26:39)
Approaching conversations with grace and respect (28:39)
How to use uLab in your practice (37:24)

Additional Resources:
🔹Gustavo's email: Gustavo.sanchez@ulabsystems.com or Phone No: 817-480-5551

🔹 Do You Want More Profits and Lower Stress? ... Register for the OrthoPreneurs Summit 2023: https://opsummit2023.com/

🔹 For more information, visit: https://orthopreneurs.com/

🔹 Join our FREE Facebook group here: https://www.facebook.com/groups/OrthoPreneur

4 Ways to Grow Your Practice and Reduce Your Stress Right Now | Special Episode Dec 02, 2022

Show notes

Now more than ever, we need simpler, more profitable, predictable, and less stressful practices. That has been my whole mission and that of OrthoPreneurs.

Today's special episode is a presentation I did on the 4 ways to grow your practice and reduce your stress.

More starts
Better clinical images
Positive team culture
Fewer errors

To have more starts, we need to be deliberate in the way we sell. I know that this topic has been more of a taboo in our profession. We are worried about being 'salesy,' yet we sell every day.

We are always selling to our patients when we present care. In fact, there are only two positions in every office. You are either in sales or supporting sales, albeit in different positions. If you are not directly in the sales process, you are supporting the sale.

But there's is a science to the whole sales process…

Tune in to this fascinating presentation to learn about these 4 ways to grow your practice and reduce stress.

Key Takeaways

- Dr. Krieger’s story (02:47)

- The four ways to grow your practice (15:50)

- More starts – what the data tells us (16:46)

- Conducting a trial close (24:10)

- Digital co-diagnosis (39:40)

- A more positive team culture – this is who to hire (48:15)

- Fewer errors – How to reduce your errors for lower stress (53:22)

- Learning zone versus the performance zone (1:00:36)
Additional Resources

🔹 Do You Want More Profits and Lower Stress? ... Register for the OrthoPreneurs Summit 2023: https://opsummit2023.com/

🔹 For more information, visit: https://orthopreneurs.com/

🔹 Join our FREE Facebook group here: https://www.facebook.com/groups/OrthoPreneur

Venture Capital in The Dental Industry and How to Get Involved w/ Jeremy Krell of Revere Partners Nov 29, 2022

Show notes

Most of you must have heard about private equity in our industry with the OSO/DSO model. But today, you'll get to hear about venture capital in dentistry and what it's all about.
I am joined by Dr. Jeremy Krell, the co-founder and managing partner at Revere Partners.
He is a general dentist by clinical training with multiple practices in New Jersey, where he is a silent partner but no longer does clinical work.
His strength is in business. He is a dyed-in-the-wool entrepreneur with multiple successful businesses he started and grew to multimillion-dollar buyouts.
He is here to talk about the only independent venture capital fund in the oral health industry.
In a nutshell, Revere Partners identify opportunities for their investors and provides capital to startups in the oral health space.
The capital and guidance help these startups in their early growth stages before they reach a point where they can be acquired. This, in turn, creates a lot of wealth for the investors.
Being a doctor who understands the dentistry industry, Jeremy says that Revere Partners was created by doctors for doctors. The model is much simpler than other VCs to help dentists, orthodontists, and other people in this space who are looking for investment opportunities.
If you are looking for investment opportunities in our industry or just want to learn more, this will excite you.
Make sure to check it out!
Key Takeaways

Meet Dr. Jeremy Krell, Managing Partner at Revere Partners (01:51)
All about dental VC funding (04:47)
Venture Capital Vs. Private Equity (11:23)
How dentists/orthodontists can get into venture capital investing (14:51)
How venture capital works (17:56)
Why the dental industry is excellent for investing (24:27)
Learn more about Revere Partners (30:13)

Additional Resources:
🔹 Learn more about Revere partners: https://www.reverepartnersvc.com/
or email Dr. Jeremy Krell: jeremy@reverepartnersvc.com/

🔹 Do You Want More Profits and Lower Stress? ... Register for the OrthoPreneurs Summit 2023: https://opsummit2023.com/

🔹 For more information, visit: https://orthopreneurs.com/

🔹 Join our FREE Facebook group here: https://www.facebook.com/groups/OrthoPreneur

Here’s How To Build An Amazing Orthodontic Office Culture | 5-Minute Friday Nov 25, 2022

Show notes

Office culture is a kind of a buzzword in our industry right now.
Everybody is talking about it, with good reason. At the 2022 OrthoPreneurs summit in Austin, many speakers spoke about how important it was.
But how do you go about creating the culture you want in your office?
It starts with you as the doctor and flows downwards to other team members. You cannot abdicate this responsibility to another team member.
Tune in to this 5-Minute episode for more tips!
Key Takeaways
- What is office culture (00:30)
- How to develop office culture (01:11)
- Don’t build culture around one team member (03:01)
- Culture has to start at the top (03:41)
Additional Resources

🔹 Do You Want More Profits and Lower Stress? ... Register for the OrthoPreneurs Summit 2023: https://opsummit2023.com/

🔹 For more information, visit: https://orthopreneurs.com/

🔹 Join our FREE Facebook group here: https://www.facebook.com/groups/OrthoPreneur

Greatest Hits: The ORIGINAL Dr. Krieger Nov 22, 2022

Show notes

As most of you probably know, before I went back to school to become an orthodontist, I practiced as a dentist for many years.
The truth is that I was exposed to dentistry when I was just 4 years old in my dad's office – the original Dr. Krieger.
My father, Dr. Allan Krieger, is today's guest.
He has been an inspiration to me my entire life. He has guided me in many ways, allowing me to achieve what I have today. I wouldn't be here in my professional life were it not for him. He taught me much of what I know (and practice) to this day.
I am honored to interview him today to share his wealth of knowledge about dentistry and his experience from serving in the Army Dental Corps to lessons learned in private practice.
I hope you find it just as useful…and fun!
Let's dive in.

Key Takeaways

- Meet the original Dr. Krieger (00:00)
- The difference in dental training over different generations (05:26)
- Lessons from serving in the Army Dental Corps (10:25)
- Dr. Krieger's advice for associateship (13:35)
- What to look for in a partner (17:37)
- The power of being in the right place at the right time (23:18)
- A diamond crown story from back in the day (32:17)
- Dr. Krieger's advice for orthodontists just starting out (44:02)
- 10 questions for dad (46:15)
Additional Resources:

🔹 Do You Want More Profits and Lower Stress? ... Register for the OrthoPreneurs Summit 2023: https://opsummit2023.com/

🔹 For more information, visit: https://orthopreneurs.com/

🔹 Join our FREE Facebook group here: https://www.facebook.com/groups/OrthoPreneur

How to Grow Through What You Go Through | 5-Minute Friday Nov 18, 2022

Show notes

What you go through, you grow through.

I'm not a fan of rhymes, alliteration, or silly little sayings, but I heard this quote a while ago, and it really resonated with me.

I started thinking about a number of things that have happened to me, my partner, and our practice in the last year or two. (We’re all aware that life has changed dramatically in many aspects - from employment, technology, and inflation to global issues if you will.)

Almost all of us have been facing huge challenges in business and life in general. And no matter how easy or difficult the times we’re living in are, we always have two choices.

We can complain, moan, and whine about how unfair and wrong the things happening to us are. Or we can be at peace with the things we can’t change and focus on those we can.

This 5-minute Friday episode is about that. Tune in for it, and let’s learn how to look at every thing that happens as an opportunity for us to get stronger and grow.

Let’s dive in!

Key Takeaways

- Intro (00:00)

- The world has changed dramatically (00:32)

- Challenges with getting the right people on our team (01:37)

- Debrief yourself and learn from it (02:58)

- Summary (05:19)

Additional Resources

🔹 Do You Want More Profits and Lower Stress? ... Register for the OrthoPreneurs Summit 2023: https://opsummit2023.com/

🔹 For more information, visit: https://orthopreneurs.com/

🔹 Join our FREE Facebook group here: https://www.facebook.com/groups/OrthoPreneur

What You Can Learn About Work and Life From Swimming w/ Dr. Parul Taneja Nov 15, 2022

Show notes

Do you ever find yourself staring at something as if it's calling you? And you don't know why, but you just feel that it's going to be a part of you.

That's how Parul felt when she went to Greece and first saw the Aegean Sea. It awakened and rekindled her love for swimming, which she learned through watching people swim at a local pool in New Delhi.

And in her quest to take swimming seriously - swimming in open waters - she didn't just learn the basics of swimming but also learned big life lessons that shifted her personal and professional lives.

Tune in for today's episode as Parul shares...

- What it takes to take your goal seriously

- How to face your fears and deal with failures

- How practicing humility could help you as an ortho

- Plus so much more

Let's dive in!

Key Takeaways

Introduction to Dr. Parul Taneja (00:27)

There is no life without water (07:27)

Rekindling the love for swimming and taking it seriously (11:38)

Training for triathlons vs. jogging (14:42)

On trying again, facing fears, and failing (18:05)

Lessons that Parul learned from her swimming experiences (24:23)

Practicing humility as an orthodontist (27:40)

How mindset shifts can help make better decisions (31:05)

It’s never too late to follow your dreams (38:04)

Additional Resources:

🔹 Do You Want More Profits and Lower Stress? ... Register for the OrthoPreneurs Summit 2023: https://opsummit2023.com/

🔹 For more information, visit: https://orthopreneurs.com/

🔹 Join our FREE Facebook group here: https://www.facebook.com/groups/OrthoPreneur

Are You Doing Things for Yourself or Because They Look Good on Instagram? | 5-Minute Friday Nov 11, 2022

Show notes

Studies have shown over the years that social media has played a huge role in the way people act and what they portray.

And we know that what you see online is not truth. There are not that many amazing parents, houses, kids... They're showing you only the highlights of their lives.

So today, I have a question for you - Why do you do what you do?

I know it sounds like a weird question. But I'm asking this for mental health reasons.

Do you work hard at the practice? Do you spend more time with your kids? Do you post a lot on Facebook? Instagram? TikTok?

Do you really enjoy the things that you do? Or do you just think they would look good on social media?

Tune in for this 5-minute episode and let a guy who grew up at a time before social media share a lesson or two and some experience with you.

Let’s dive in!

Key Takeaways

- Intro (00:00)

- Why do you do what you do? (00:39)

- Do you love it, or do you just want accolades? (03:18)

- Parents posting nothing but their kids on social media (04:33)

- A lesson from a guy who grew up at a time before social media (05:06)

Additional Resources

🔹 Do You Want More Profits and Lower Stress? ... Register for the OrthoPreneurs Summit 2023: https://opsummit2023.com/

🔹 For more information, visit: https://orthopreneurs.com/

🔹 Join our FREE Facebook group here: https://www.facebook.com/groups/OrthoPreneur

What Makes A Successful Partnership w/ My Partner Douglas Shaw (Episode #1 Revisited) Nov 08, 2022

Show notes

Two business partners are walking into a bar; one is a Mormon, and the other is a Jew…
It sounds like the beginning of a bad joke, and we can imagine it’s ending with any kind of a business disaster… Or anything but a success story. Except it’s not a joke, but a sound partnership I’ve been in for years.
Yes, this is the story about my business with my partner Dr. Douglas Shaw, who was the guest on the very first episode of the Orthopreneurs Podcast back in 2018.
Actually, that is one of our greatest hits, which we’ll feature from the archives once a month.
So this month, we’re revisiting our seminal episode and examining our roots and the elements of a successful partnership.
Tune in for one of our true gems and find out:
- How to grow a new practice
- Is it possible to have a partner but not work with them
- How to balance family & work lives
- How to manage student debt
- What makes a partnership successful
Let’s dive in!
Key Takeaways
- Welcome to the first episode of the Orthopreneurs Podcast (00:00)

- Partners who don’t work together (02:04)

- When partnerships fall apart (06:32)

- The background of a successful partnership (08:36)

- The benefits of practicing in separate practices but having a partnership? (20:33)

- The secret of family-practice balancing (28:52)

- If you don't have a supportive spouse/wife/partner, it wouldn't work (35:03)

- I wish I had known this about orthodontics before I went to dental school (36:41)

- Startup vs. buying an existing practice (40:09)

- Competitiveness among dentists (45:12)

- What is Dr. Shaw struggling with in practice right now? (46:11)

- Paying for dental school (50:13)

- 10 quick questions (59:10)
Additional Resources
🔹 Do You Want More Profits and Lower Stress? ... Register for the OrthoPreneurs Summit 2023: https://opsummit2023.com/
🔹 For more information, visit: https://orthopreneurs.com/
🔹 Join our FREE Facebook group here: https://www.facebook.com/groups/OrthoPreneur

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