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The Challenges of Being a Dental Organization Owner/Executive

At the $10+m in revenue mark and beyond, you are officially becoming an enterprise-level dental company or DSO, and you’re facing 1 major issue.

By now, you likely have your systems, KPIs, organizational charts, defined accountabilities, experienced staff and senior executives in the right positions, etc. BUT you still may feel like something is missing.

At this stage, you might be a little lost and don’t really know what to do next. You’ve accomplished a lot of your goals and you’ve most likely succeeded in creating a self-managing, growing, entrepreneurial dental business. Congrats, you’re a trailblazer. The problem with being a trailblazer, however, is that there aren’t a lot of barometers or benchmarks. You’ve made it to a place where few have traveled, so you don’t have a gauge for what to do next.

Also, just because you’re at this size doesn’t necessarily mean you have everything figured out in your systems, org charts, team, etc as mentioned above. We said “likely”, not “definitely”. This can be a challenge for dental groups of your size because inefficiencies in those areas at scale can be daunting fires to put out.

How do you keep the momentum going in your dental organization’s growth journey?

Before anything else, you need to make sure any inefficiencies are stomped out, because again, at scale these can be very detrimental. You need replicable and sustaining systems that can increase productivity and achieve consistent staff performance from location to location. You need a strong set of guiding principles – a tried and true recipe that works every time… for every time a new associate is hired, a new location is built/acquired, etc.

Even when you’ve really found your stride and achieved goals, you’ll find you need a way to assess where you’re at and to identify your next big goal. You’ll need to evaluate if you still have the right people, systems, and targets in place to reach that next level of growth.

You need a system that will solve these problems and more… that can be set on rinse and repeat. But not just any operating system will do. The DEO Growth Model is the proven roadmap for gaining more profit, time, and impact. It’s the first of its kind, created specifically for dental entrepreneurs of growing dental companies.

DEO can help – we have played a big part in the journey of 100s of dentist entrepreneurs/dental group owners making the big shift to enterprise-level dental organizations.

To learn how our connections and the DEO can help you achieve your growth vision, get on a call with our Growth Team.

In just 30 minutes, you’ll get at least one connection and strategy to help you handle your current challenges whether it’s hiring systems, finding funding, streamlining operations, increasing profitability, weighing acquisitions vs. de Novos, and more.

Schedule a call now to find out how to take your dental organization to the next level!