Description
How can dentists balance legacy and entrepreneurship in a changing industry? Dr. Tom Birong, a seasoned dental entrepreneur, joins us to discuss strategies for building thriving dental practices while preserving personal and professional legacies. From scaling multi-practice ownership to navigating the pitfalls of practice acquisitions, he shares candid lessons learned through both success and failure. Tom emphasizes the critical importance of intentional transitions, effective management, and surrounding yourself with experts to create enduring success in dentistry.
We hear how Dr. Birong scaled from joining his father’s small-town practice to owning and managing 17 practices, with invaluable insights on avoiding common acquisition mistakes. He shares why thoughtful, "warm and cozy" transitions are essential for retaining goodwill and fostering trust with patients during ownership changes. His expertise with Cornerstone Practice Solutions showcases how leveraging management systems and industry best practices helps practices adapt to evolving challenges like staffing shortages and corporate competition.
Dr. Birong’s advice extends beyond operational strategy to mindset: embrace failures as learning opportunities and act decisively to break through analysis paralysis. His reflections on building a winning team and staying connected to a mission-driven legacy inspire dentists at every stage of their careers. Whether you’re scaling practices or just considering ownership, this episode equips you with actionable strategies for growth and leadership in the dental profession.
Chapters:
(0:00) Start
(2:00) How does family legacy shape dental careers?
(7:10) What sparks scaling beyond one practice?
(12:20) Why do some acquisitions fail while others thrive?
(17:50) How do smooth transitions protect goodwill?
(25:10) What are today’s top HR challenges in dentistry?
(28:40) Why is action the key to entrepreneurial success?
(35:20) How can mentors shorten your learning curve?
Contact Tom Birong:
📞 330-324-8157
Together, we'll reshape the future of dentistry. Visit www.RevolutionDentistryGroup.com to claim the success you actually deserve.
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