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Shared Practices | Your Dental Roadmap through Practice Ownership

The Entrepreneurial Dentist: Balancing Wealth, Risk, and Fulfillment

Shared Practices | Your Dental Roadmap through Practice Ownership

Dr. George Hariri | Shared Practices Network

Businessofdentistry, Dental, Dentalpractice, Dentist, Practicemanagement, Business, Management, Entrepreneurship

4.9559 Ratings

🗓️ 21 April 2025

⏱️ 42 minutes

🧾️ Download transcript

Summary

In this episode of the Shared Practices Podcast, Dr. Richard Low and Dr. Alex Sharp tackle an important question: Once you’ve built a thriving practice and reached financial success, what’s next?

Most dentists focus on growing their practice and increasing income, but after hitting a financial milestone, the next steps become less clear. Richard and Alex explore the challenges, mindset shifts, and opportunities for investing beyond the dental practice.

Transcript

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0:00.0

Welcome back to shared practices.

0:05.6

I have back with me today.

0:07.7

This is a part two.

0:08.5

So if you missed part one and you are a dentist who still is worried about finances

0:15.1

and has not kind of grown a practice or grown an opportunity where you're really taking home good pay. You've got a way to

0:24.2

grow net worth through partnerships or other vehicles. Go back and listen to episode one of this series.

0:30.8

Episode two, I have with me the CEO and president of shared practices, Dr. Alex Sharp, how's it going, man?

0:38.6

Man, Richard, I am great. I'm excited for this episode because I feel like we spend a lot of

0:43.6

our time focusing as we should on taking people from zero to one. Yeah. And this is an episode

0:49.0

where we're going to help people to go from one to 10, where we're going to help people to

0:53.1

go to that next level.

0:55.0

And this is interesting because I had a great conversation with Suzanne the other day.

0:59.0

And some of the feedback that she's received over the years centers around how shared practices.

1:05.0

We have a sweet spot.

1:06.0

We have a very tried and true way of helping people to take a practice and to double it, to improve it,

1:13.4

to grow it, to make that practice into what it could conceivably become. But then there's

1:19.6

always that question of what's next. And for us today, we're going to talk about that with

1:24.4

regards to finances of understanding, I built my engine, I built my practice,

1:30.2

things are humming, knock on wood, relatively speaking. What is that next big, hairy, audacious

1:35.4

goal in terms of investing or with regards to financial achievements? Because that's the fun

1:42.4

stuff. That's what we put all the years in

1:44.1

undergrad dental school developing the communications acumen the clinical acumen to build that

...

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