The panel discussion Real Talk from New Dentists in Private Practice just concluded. The wide-ranging conversation covered topics from improving efficiency to marketing the practice.
According to the most recent ADA Survey of Dental Practice just over 88% of dentists are owners, either as solo practitioners or partners. For almost every dentist, ownership becomes a consideration at some point in his or her career.
Earlier this year ADA New Dentist News spoke with several new dentists who were new to practice ownership to get their suggestions on how to approach ownership. Dr. Jill McMahon, who graduated from dental school in 2007, is not just the first dentist in her family, she’s also the first small business owner.
“At first it was scary, thinking about all the new responsibilities, and of course the new financial obligations that go with ownership,” Dr. McMahon remembers. “What helped a lot was connecting with other dentists who were in my situation and realizing that if they could do it, I could do it too!”
If you are attending the 2013 ADA Annual Session, you have lots of opportunities to connect with other new dentists. But if you aren’t at the meeting, what’s on your action plan to make sure you can get that real talk from other new dentists exploring their private practice options? Share your suggestions in the comments. And if you don’t have any networking events on your calendar, may we suggest the 2014 New Dentist Conference July 17-19 in Kansas City, Missouri.