Dr. Simon Wu: How He Doubled His Practice in 18 Months
Shared Practices | Your Dental Roadmap through Practice Ownership
Dr. George Hariri | Shared Practices Network
4.9 • 559 Ratings
🗓️ 31 March 2025
⏱️ 34 minutes
🧾️ Download transcript
Summary
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.
Transcript
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| 0:00.0 | Welcome to the shared practices podcast. |
| 0:05.1 | We have with us today a guest dentist who has been listening to the podcast for a long time, |
| 0:10.7 | has done coaching, has done it all, and we're excited to hear his journey, his experience. |
| 0:16.2 | So I'm going to welcome with us Dr. Simon Wu. Simon, how's it going? |
| 0:20.6 | Good, Richard. Thank you for an invite. |
| 0:22.3 | Like I was telling you, it's super amazing to be on this podcast. I was listening throughout my |
| 0:28.3 | dental journey before I acquire my practice, and it would not be the same if it wasn't for your |
| 0:33.9 | podcast. So thank you for helping all young dentists like myself. I appreciate it. |
| 0:38.7 | Thanks, man. Well, and I'm always grateful when things turn out well. There's times where I'm like, |
| 0:43.3 | I never want to oversell practice ownership. It's fantastic. It's also super hard and stressful and you |
| 0:48.5 | need to do it right. So I'm glad that our advice steered you in the right direction. Definitely. There's so many hats that you have to wear. And sometimes you don't even know |
| 0:58.3 | what those hats are until you get in it. But at the end of the day, I definitely think it's |
| 1:02.9 | super rewarding. A lot of people say maybe it's not for everyone. And I definitely also agree with |
| 1:08.1 | that. But at the end of the day, you got to just look inside and see |
| 1:11.5 | what is it that you're looking for and then talk to people, listen to podcasts, and then figure |
| 1:16.0 | what you want. Well, perfect. Let's talk about that for you. Tell us a little bit about where |
| 1:20.5 | you went to dental school and when you graduated and when you decided like, okay, I'm going to |
| 1:25.1 | start looking seriously for a practice to buy. |
| 1:32.0 | Yeah, so I graduated from University of Pacific, Dugoni, and San Francisco. I've always wanted to be in ownership because I remember shadowing and then different |
| 1:39.9 | dentists and seeing them working with different team members and figuring out what kind of procedure |
| 1:44.8 | they like to do and be able to make those decisions. |
| 1:47.6 | And graduating, I work in a DSO because I wanted to kind of get a little bit of experience |
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