Latest / Becker’s Healthcare Podcast / Building and Scaling a High-Growth Dental Practice
Transcript
- 0:02- The strategic agenda facing hospital and health system
- 0:04- leaders right now is not a short list.
- 0:07- Growth in a consolidating market, sustainable margins in
- 0:09- a reimbursement environment that rarely moves in your
- 0:12- favor,
- 0:12- a tech investment cycle that demands both urgency
- 0:15- and discipline,
- 0:16- and a workforce story that is still being
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- 0:20- Eker's fourteenth annual CEO CFO roundtable brings together
- 0:23- more than 1,500 executive level attendees and nearly
- 0:27- 400 speakers across four days of sessions that
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- 0:35- Not in the abstract, but against the real
- 0:37- decisions they'll face heading into the next year.
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- 0:42- what comes next.
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- 0:48- and come ready to do the hard thinking.
- 0:50- Register on our events page at beckershospitalreview.com
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- 0:58- This is Scott Becker with a special episode
- 1:01- of the Becker's Healthcare and Becker's Dental podcast.
- 1:04- I'm thrilled today to be joined by two
- 1:07- brilliant leaders
- 1:09- who formed and built a dental practice management
- 1:11- company, Aerodental.
- 1:14- They've done an incredible job of it. They've
- 1:16- really done it from what I could tell
- 1:17- from almost scratch and have built this great
- 1:20- company.
- 1:21- We're thrilled today to be visiting with doctor
- 1:23- Anushka Kagwani
- 1:25- and doctor Abhishek Nagaraj,
- 1:27- and they'll tell us about sort of their
- 1:29- career,
- 1:30- how they get started,
- 1:32- some of the trends they're watching today,
- 1:34- some of the trends they're watching in the
- 1:35- dental business today, and where they're most focused
- 1:38- and and what they're looking at growing.
- 1:40- Doctor Gagwani, doctor Nagaraj,
- 1:43- can I ask two of you to take
- 1:44- a moment to introduce yourselves?
- 1:47- Sure. We'd love to. First of all, thank
- 1:48- you so much for having us on. You
- 1:50- know, we've been big fans and followers for
- 1:51- a long time, and I know we've had
- 1:53- the
- 1:54- opportunity to meet in person, and it's always
- 1:56- a pleasure. So thank you for having us.
- 1:59- You know, Abhishek and I, we started really
- 2:02- the end of twenty fifteen. We were like,
- 2:03- okay. It's, you know, we I've been practicing
- 2:06- already for about three and a half years.
- 2:07- Abhishek had been practicing for about a year,
- 2:10- and, I was getting a little bit antsy.
- 2:13- He was he was doing really well in
- 2:15- his associate job, but,
- 2:17- I said, okay. I really need to kind
- 2:19- of have my own practice, and he was
- 2:21- completely on board. So we started looking. We
- 2:24- found a practice that was just kind of
- 2:26- like a mom and pop shop as you
- 2:28- call it and, you know, doing a couple
- 2:30- 100 k in revenue.
- 2:32- And we went in,
- 2:33- remodeled it, you know, kind of just bought
- 2:36- it on vibes, didn't really think about anything
- 2:38- else. We're much more sophisticated today and,
- 2:41- you know, turned it into a million dollar
- 2:43- practice within the first year that we were
- 2:45- there.
- 2:46- And about six months later, we bought our
- 2:48- second practice. And every year since then, we
- 2:51- just added a practice.
- 2:53- That that's amazing. And tell me about the
- 2:55- first practice. Was that in Chicago, or where
- 2:57- was that at?
- 2:59- Yeah. It was in Chicago. It was actually
- 3:01- in a suburb of Chicago called Burbank by
- 3:03- Midway Airport.
- 3:05- And, you know, we just founded it through
- 3:06- a broker. It was just kind of one
- 3:07- of those things. But, again, you know, we
- 3:09- we drove into the park. I remember driving
- 3:11- to the parking lot and thinking, wow. I
- 3:12- really like this parking lot. I like this
- 3:14- building.
- 3:15- Not quite how we do it today fully,
- 3:17- but that is part of it. And and
- 3:20- and, doctor Nagaraj,
- 3:21- introduce yourself and then build on that story
- 3:23- a little bit. Tell us, was that anxious?
- 3:26- Did you do seller financing? How did you
- 3:28- buy it? How'd you come up with the
- 3:29- money for it? What did that look like?
- 3:32- Absolutely. Scott, it's an honor to be here.
- 3:34- Like Anushka said, you know, it's, we've been
- 3:36- following your your journey for a long time.
- 3:39- You're truly inspirational, so thank you for having
- 3:41- us. It's truly an honor. Yeah. I think,
- 3:43- Anushka, you you summarized this really well. The
- 3:45- first practice that we walked into, we kinda
- 3:48- I think we were both very hungry motivated
- 3:50- dentists, but that's the extent of what our,
- 3:53- you know, business acumen was. We hadn't really
- 3:55- taken business classes, and we bought this,
- 3:58- practice based on fields.
- 4:00- And, it had a big parking lot, and
- 4:02- the real estate was up for sale for
- 4:04- pretty cheap. And we were, like, we went
- 4:06- head first,
- 4:07- bought the practice for pretty cheap. And,
- 4:10- we, we'd luckily established a good, working relationship
- 4:14- with a banker back then who was probably,
- 4:17- you know, just trying to put his name
- 4:19- out there.
- 4:20- And,
- 4:21- we we when we found this, we went
- 4:23- to him and said, hey. We wanna buy
- 4:24- this practice. And he was super supportive,
- 4:26- said I'll finance this,
- 4:29- you know, pretty much the whole way, 80%
- 4:31- on the real estate, and you guys put
- 4:32- down 20% from your savings. And we were
- 4:35- like, okay. Sign us up. Where do we
- 4:37- sign? And, that's how we kinda got started.
- 4:39- And I remember the practice was super dated
- 4:42- and the,
- 4:43- selling dentist did not transition. Right? He left
- 4:46- he pretty much left right off the bat.
- 4:48- And, we had a practice
- 4:50- that we had paid a decent amount of
- 4:52- money for, which didn't have any staff,
- 4:55- had old dated equipment, and we were like,
- 4:57- what the heck do we do? So we
- 4:58- had to borrow some more money, update the
- 5:00- practice,
- 5:01- and, really, communicate a lot of value to
- 5:04- patients, learn how to market the practice,
- 5:07- learn learn how to do HR, and practice
- 5:10- on patients. So that's kinda how we got
- 5:11- started. And and and were the patients to
- 5:13- begin with,
- 5:16- Medicaid, commercial,
- 5:17- self pay, what did the payer mix look
- 5:19- like, and what does that look like today
- 5:21- throughout EuroDental?
- 5:23- Yeah. You know, when we started, we took
- 5:25- everything. We took Medicaid, PPO, fee for service.
- 5:28- We felt like we couldn't be as selective.
- 5:31- We wanted we just needed a volume. And,
- 5:35- once we ramped up learned how to ramp
- 5:37- up a practice,
- 5:38- you know, to a million, million and a
- 5:40- half within twelve to eighteen months, and then
- 5:42- we went ahead and did our second practice,
- 5:44- then we figured out that we could become
- 5:46- more selective. And then we the first thing
- 5:48- that we, you know, eliminated was Medicaid.
- 5:52- We really enjoyed giving back to the community,
- 5:54- but,
- 5:55- the practice was it was hard. It was
- 5:57- hard to have both types of clientele in
- 5:59- one practice. And Areo Dental Group today,
- 6:03- almost too soon to be 10 locations is
- 6:05- fully PPO and fee for service
- 6:07- with a core focus of, same day dentistry.
- 6:10- That's our main core focus, today. And and
- 6:13- and and and this question, when you first
- 6:16- got started, you first bought the first practice.
- 6:20- How long did it take till you were
- 6:22- comfortable? And both you have this tremendous energy,
- 6:26- and and I assume sort of this, you
- 6:28- know, relatively healthy confidence.
- 6:31- But anybody who buys a business for the
- 6:33- first time has some anxiety, some nervousness.
- 6:36- Okay.
- 6:36- At what point did you get to the
- 6:38- spot? Was it a month in? Was it
- 6:40- three months in, six months in? Were you,
- 6:42- like, able to at least to breathe to
- 6:44- say,
- 6:45- you know, okay. We can make this work
- 6:47- at least. This is a good home for
- 6:49- our practice,
- 6:50- and then we can build from there. At
- 6:52- what point did you start to wake up
- 6:53- and say, this might be okay. This is
- 6:56- gonna be okay.
- 6:58- That's such a good question. We you know,
- 7:00- honestly, we just kind of jumped in head
- 7:01- first, and we learned on the job.
- 7:03- We bought our second practice six months after
- 7:05- the first one. I am not gonna say
- 7:07- we were probably fully ready. We're still learning
- 7:10- things today.
- 7:11- That's the truth.
- 7:12- But, you know, I felt like we were
- 7:14- confident enough where
- 7:16- we were we'd broken even within the second
- 7:18- month, and we were cash flow and positive
- 7:21- by the third month. So for that reason,
- 7:22- you know, we felt like, okay. We're we're
- 7:24- pretty comfortable going ahead and and getting another
- 7:26- practice. But that was mainly because the two
- 7:29- of us were very hungry, and we
- 7:31- knew how to communicate value to patients. We
- 7:33- had, you know, we knew we had developed
- 7:35- the clinical skills in order to get the
- 7:37- dentistry accepted and done. It it definitely changed
- 7:40- a little bit when we hired our first
- 7:42- first associate, and we realized that it was
- 7:44- a completely different ballgame at that point. But
- 7:46- until as far as the two of us
- 7:48- were practicing, we were pretty comfortable.
- 7:51- And at what point did you sort of
- 7:53- transition
- 7:53- from I mean, the the you you folks
- 7:56- were very closely together,
- 7:58- got this first practice going even without retaining
- 8:01- the dentist, really. I mean, he was probably
- 8:03- ready to move on and retire.
- 8:05- He bought the practice, bought the office, bought
- 8:08- the records, and and away you go within
- 8:10- a month or two of your cash flowing,
- 8:12- which is remarkable.
- 8:14- And and it and at that point, you're
- 8:15- still doing most of the work yourself.
- 8:18- Yeah. I take it with dental hygienist.
- 8:21- And and and at what point did you,
- 8:24- you know, between yourself as dentist and the
- 8:26- dental hygienist,
- 8:27- at what point did you start to figure
- 8:29- out, okay, how do we manage other dentists?
- 8:31- How do we manage other practitioners?
- 8:33- Because, obviously, you can't scale to 10 locations
- 8:36- with the two you're just doing it all
- 8:37- yourself or you'd be completely exhausted and wiped
- 8:40- out. What was that evolution like to start
- 8:43- managing other dentists, other practitioners?
- 8:46- Yeah. You know, when we started, what at
- 8:48- the second location, Mark, you know, we because
- 8:50- there were two of us and we were
- 8:52- frankly getting a little bored of seeing each
- 8:54- other twenty four hours a day. That probably
- 8:56- was the forcing function to go open that
- 8:57- second practice too.
- 8:59- But when we opened our third location, that
- 9:01- was a larger acquisition than, the first and
- 9:04- the second one. It was the biggest one
- 9:05- we had done, at least for the time.
- 9:07- And, we realized that we're we're two dentists.
- 9:10- We couldn't be at the, at three practices,
- 9:12- at the same time. So we recruited,
- 9:15- our first associate dentist
- 9:17- and kind of, you know, we didn't have
- 9:19- an onboarding system back then. You know, we
- 9:21- were just like, hey. You're a dentist. You
- 9:22- know how to drill. Go figure it out
- 9:24- and call us if you have any problems.
- 9:26- That's kinda how we got started.
- 9:28- And,
- 9:29- and it I think it's been it's been,
- 9:31- this dynamic journey over time where we've had
- 9:33- to become way more process driven. Anushka is
- 9:37- probably a little more process driven than I
- 9:39- was. I'm more of a heavier quick start
- 9:41- and,
- 9:43- recruited Dennis one after another and then had
- 9:45- to evolve in order to support them better
- 9:48- and better.
- 9:50- I I think, obviously, as Anushka said, we're
- 9:52- still learning how to do that at a
- 9:53- high level, at a at a really good
- 9:55- level, but we fundamentally understand that we're in
- 9:58- the business of supporting dentists. And if we
- 10:00- aren't doing that, then we are probably not
- 10:03- doing a great job. And,
- 10:05- we've had to come up with we operate
- 10:06- on the entrepreneurial operating system. We've had to
- 10:09- create a lot of structure. We have a
- 10:11- full leadership team in place now. And, we
- 10:14- spend the two of us spend most of
- 10:16- our time
- 10:17- recruiting the having the final say on the
- 10:19- dentist when they come on board on who
- 10:21- if they're the right fit for the core
- 10:23- values or not, and then checking in with
- 10:25- our dentist to see what resources we can
- 10:27- provide to them. We unfortunately, we don't provide
- 10:30- hands on support to them directly.
- 10:32- Clinical coach who does that in the company.
- 10:34- But,
- 10:35- most of our time is spend spending spent
- 10:37- around how do we make get these dentists
- 10:40- ramped up to what we were doing back
- 10:42- in the day. How do we get them
- 10:44- to become million dollar dentists or $2,000,000 dentists
- 10:48- over a three to four year timeline? That's
- 10:49- most of our time. Anishka, is there anything
- 10:51- I missed?
- 10:52- No. Well, one quick thing. Actually, Scott, we
- 10:55- didn't have a hygienist for the first, I
- 10:57- think, two or three years. We did. It
- 10:59- was about two years. I think we we
- 11:01- both did our own hygiene just because we
- 11:02- wanted to kind of save on payroll in
- 11:04- the beginning, and I think it worked out
- 11:05- really well.
- 11:07- And and talk about that. Talk about some
- 11:09- of the things that maybe you did originally
- 11:12- that you think now, oh my goodness. I
- 11:15- can't believe we did that. Or or maybe
- 11:17- you can believe it. So all of us
- 11:18- that go through that that
- 11:20- evolution as an entrepreneur go from that sort
- 11:23- of in the restaurant business you just talked
- 11:24- about being, you know, the the famous adage
- 11:27- of
- 11:28- cook, bottle washer, waiter, doing everything.
- 11:31- Mhmm. Talk about that evolution to
- 11:34- now, what you did then to sort of
- 11:36- how the role looks today
- 11:39- and how you manage that. And and I
- 11:41- also want you to touch on I know
- 11:43- that the both of you are very, very
- 11:45- committed to constant learning and education.
- 11:48- I see you sometimes at University of Chicago
- 11:50- classes or other places, I believe, and that
- 11:53- constant commitment to evolving and learning.
- 11:56- And talk about sort of first, how things
- 11:58- are different from when you first got started
- 11:59- now that you got 10 locations or so.
- 12:02- And second,
- 12:03- sort of that commitment to constant learning and
- 12:05- education.
- 12:07- Yeah. You know, I think it's definitely a
- 12:09- one eighty. When we first started, we did
- 12:12- absolutely everything. In fact, I remember that first
- 12:14- practice we're talking about, it was somewhat of
- 12:17- a hoarding situation. There were 30 year old,
- 12:20- invoices and lab cases in the basement. And,
- 12:23- you know, we had just taken on this
- 12:25- debt to buy the practice. So I remember
- 12:26- going in there
- 12:28- four weekends in a row. I went in
- 12:30- there and said, I'm gonna clean this myself
- 12:32- because we can't afford to hire someone right
- 12:33- now. I made barely a dent, and that
- 12:35- was the first time I realized, okay. Maybe
- 12:37- I can't do everything myself. So we put
- 12:39- up the money to hire someone. He cleaned
- 12:41- it out. He brought, like, four people, cleaned
- 12:43- it out within three hours. They were done.
- 12:46- We, you know, obviously, we're we're practitioners. We
- 12:48- were clinicians.
- 12:50- Last year, the both of us stepped back
- 12:51- to,
- 12:52- start our executive MBAs at the University of
- 12:54- Chicago Booth School of Business.
- 12:56- But, back then, we were still practicing. You
- 12:58- know, we were managing the office. We didn't
- 13:00- have our first true manager until,
- 13:03- probably we were at our third practice. That's
- 13:05- when we started incorporating managers.
- 13:08- We did our own billing. We did our
- 13:10- own narratives and attachments. I don't think there's
- 13:12- anything that we didn't do.
- 13:14- Now we've moved away more, like, from the,
- 13:16- obviously, day to day operations.
- 13:18- We're still somewhat involved, but at a higher
- 13:21- level.
- 13:21- And mostly, though, in the growth, where's the
- 13:24- business going in the future?
- 13:26- Yeah. If I may add to that too,
- 13:27- I think, because we did this, we actually
- 13:30- were in the chair seeing patients all the
- 13:32- way up until the end of twenty twenty
- 13:34- four. It's only in 2025 we stopped, you
- 13:37- know, holding we hung up the handpiece as
- 13:39- they say in dentistry,
- 13:42- that we were able to then transition. But,
- 13:45- because we did that for about eleven to
- 13:47- twelve years
- 13:48- of practicing it at, the fairly high level,
- 13:51- our dentists don't get to make excuses.
- 13:53- They can't say you don't understand what it's
- 13:55- to be like when a patient has a
- 13:57- big tongue and a small mouth.
- 13:59- So they can't pull that with us. Right?
- 14:01- So it it's made us very relevant, but
- 14:03- at the same time, now we are we
- 14:05- understand those are excuses that exist in in
- 14:08- any profession.
- 14:09- And how do we overcome some of those
- 14:10- things? That's probably what we're spending a lot
- 14:12- of our time doing now.
- 14:14- As you get further away from direct practitioning,
- 14:18- how do you keep yourself sort of fresh
- 14:20- and clear about what a dentist needs
- 14:23- and how they work
- 14:25- without feeling like you're too removed from it.
- 14:28- I mean, I Mhmm. As I built a
- 14:30- legal practice, struggled with that as you got
- 14:32- less involved in hands on legal work, but
- 14:34- we're supervising people doing the legal work.
- 14:37- How do you think about that? And and
- 14:38- and
- 14:39- is that important or or not so important?
- 14:41- You just have to know the business well.
- 14:43- No. I think you are so spot on
- 14:45- with this. I think that's this is a
- 14:47- question we constantly,
- 14:48- you know, grapple with. We Anushka and I
- 14:51- are actually in their practices
- 14:53- at the at a minimum two to three
- 14:54- times a week. Right? And because there's two
- 14:56- of us, that's that gives us five days
- 14:58- to six days of coverage in a week,
- 15:01- where we're checking in with, our new dentist.
- 15:03- So for example, tomorrow,
- 15:05- we have two new dentists starting in a
- 15:06- couple of our locations. We are actually, we
- 15:09- we do an owner onboarding with them where
- 15:11- we set the culture, we sign, we have
- 15:14- them sign cultural expectations
- 15:16- and, perhaps some clinical expectations. But then and
- 15:19- then we carefully transition them to our clinical
- 15:22- coach,
- 15:23- to further support them in their clinical journey.
- 15:25- But we are very open. We share our
- 15:27- phone numbers with them, email.
- 15:29- And every time we go, hey. If there's
- 15:31- anything you need, this is not a company
- 15:33- that has all these bureaucratic layers. We are
- 15:35- very open about that with them, that they
- 15:37- can always reach out to us,
- 15:39- if there's any issues. So I I I
- 15:41- completely agree that I think we need to
- 15:44- stay relevant with our dentist.
- 15:47- I don't know that we we aren't that
- 15:49- big that we can't do that yet, but
- 15:50- if we maybe went to 20 locations, I
- 15:50- can see how that can become a challenge.
- 15:50- And,
- 15:53- how that can become a challenge. And,
- 15:56- I probably don't know the answer to that
- 15:57- question. But but but that's probably a very
- 15:59- good point that at 10 locations,
- 16:01- you could still stay pretty connected to everybody.
- 16:04- So you don't feel like there's that far
- 16:05- distance between yourself
- 16:07- and and the patient getting taken care of.
- 16:09- And, of course, you you want the patient
- 16:11- taken care of really well.
- 16:14- How hard is it to recruit dentists today,
- 16:17- to recruit
- 16:18- hardworking,
- 16:19- smart, good patient facing dentist? What what does
- 16:22- that look like? Is that hard, not so
- 16:24- hard? What what is that what's the situation
- 16:26- out there for the supply and demand of
- 16:29- finding, you know,
- 16:30- effective,
- 16:32- hardworking, smart, you know, good people?
- 16:35- That's a really good question. You know, I
- 16:37- think we can find dentists. Right?
- 16:40- We have a good brand, so people also
- 16:42- come and find us.
- 16:44- Where you hit the nail on the head
- 16:45- was smart, hardworking,
- 16:47- great patient facing dentist. Right? We we
- 16:50- it's it's a little more challenging to find
- 16:52- dentists who have great bedside manner and great
- 16:55- clinical skills and great communication. Right? That that's
- 16:58- like a trifecta. Those are unicorns. It's harder
- 17:00- to find those people.
- 17:02- So what we really look for is can
- 17:03- they communicate, and can we coach them up
- 17:05- on clinical skill?
- 17:07- That's really what we look at. And, you
- 17:09- know, generally, we find that sometimes the the
- 17:12- earlier career dentists can be easier to coach
- 17:14- that. When you have later career dentists, sometimes
- 17:17- they don't want to. So when it's a
- 17:18- later career dentist, they know the clinical skills,
- 17:20- but if they can't communicate with patients, they're
- 17:22- probably not going to be able to at
- 17:24- this point in their career.
- 17:26- But we're very willing and open to train
- 17:29- finding somebody with all three of those skills,
- 17:31- though, at once. That definitely is a challenge
- 17:33- industry wide. If I may add one more
- 17:35- thing to what Anushka said, I think, you
- 17:37- know, we've also had to increase our input
- 17:39- because we needed more output. Right? We're growing
- 17:42- pretty quickly.
- 17:44- We've we we actually added 10 dentists in
- 17:46- the last five months, and we had to
- 17:48- dramatically
- 17:49- increase the number of interviews that we made
- 17:52- because to Anushka's point, it it was it's
- 17:55- it's easy. I think the supply of dentists
- 17:56- is there, especially in a market like Chicago.
- 18:00- But, the supply of, like, great dentists who
- 18:02- own their stuff are in charge of their
- 18:04- own professional development,
- 18:06- can really communicate at a high level with
- 18:08- great bedside manner. I think that's something we
- 18:10- have we learned that we have to pretty
- 18:12- much cultivate from within.
- 18:15- That's the one piece. So we do we
- 18:17- are we pretty much interview a lot of
- 18:19- dentists at this point in order to be
- 18:22- selective and then pick out the right ones.
- 18:25- Talk for a moment, Anushka,
- 18:27- in in Eversus about about this. You see
- 18:30- so much of,
- 18:31- this work ethic issue today. Some people there's
- 18:34- some spectrum. People are working incredibly hard.
- 18:37- Some are working sort of not so hard,
- 18:39- and some just don't really wanna work. It's
- 18:41- all over the board. And I assume generations
- 18:44- have been saying this forever.
- 18:46- And when I look at hiring lawyers, I
- 18:47- look at hiring journalists, whatever business I'm in,
- 18:50- there's obviously a bell curve of those that
- 18:52- really wanna work, those that wanna work some,
- 18:55- and those that wanna earn a full paycheck
- 18:57- but don't wanna work.
- 18:59- Are you seeing that evolution in dentistry and
- 19:01- how pronounced is it? I mean, certainly in
- 19:03- any business I'm always in, 20% of people
- 19:06- are really hypermotivated,
- 19:08- fifty, sixty percent are great and very, very
- 19:10- important, And then some percentage don't really wanna
- 19:13- work, and you can't have them around.
- 19:15- But talk about what you see in hiring
- 19:16- dentists and how hard is it to find
- 19:19- really hardworking, motivated dentist.
- 19:21- Yeah. I think that's a great question. You
- 19:23- know, I think, as you said, you we've
- 19:25- all noticed a little bit of a shift,
- 19:27- which I'm not saying is a bad thing.
- 19:29- Right? I think work life balance is important,
- 19:31- especially as an employee. But, you know, I
- 19:33- would say out of every 10 dentists we
- 19:35- hire, one or two might be very hyper
- 19:37- driven.
- 19:38- That number is actually increasing because we're very
- 19:41- picky about
- 19:42- hiring people that are motivated. We've realized that
- 19:45- we can't,
- 19:46- cultivate motivation. That has to be from within.
- 19:49- You know, maybe six or seven are are
- 19:50- great dentists. They have great bedside manner. They
- 19:53- want to work.
- 19:54- And, you know, once in a rare while,
- 19:56- it doesn't happen often, we might have a
- 19:58- dentist that really kind of wants that full
- 20:00- paycheck, but they don't
- 20:01- want to work
- 20:03- very much, and they don't they don't last
- 20:05- very long.
- 20:06- And
- 20:07- and Abhishek, doctor Nagaraj
- 20:09- Mhmm. Talk a little bit about when you
- 20:11- look at the next six to twelve months,
- 20:13- what are you most focused on and excited
- 20:15- about?
- 20:17- Yeah. I think we're most focused about,
- 20:19- making sure our our dentist that we have
- 20:22- hired have the right amount of support
- 20:25- and that, they can actually ramp up and
- 20:28- become,
- 20:29- those million million dollar dentists. Right? I think
- 20:31- that's our core focus at this point.
- 20:34- That's they all these dentists clearly have a
- 20:37- lot of potential that have, that have joined
- 20:39- us, and they are very driven and they're
- 20:42- committed, but they're they're also humble. So I
- 20:44- think it's our job now to make sure
- 20:45- that
- 20:46- we
- 20:47- align the practice,
- 20:50- practice level operations, whether that's the practice leader,
- 20:53- the dental assistant, and the auxiliary personnel with
- 20:57- the dentist and make sure that they have
- 20:59- everything they need to be high, highly successful.
- 21:03- And, secondly, I think, how do we get
- 21:05- them to be, you know, upscale their competence,
- 21:08- clinical competence when, you know, some dent new
- 21:10- dentist may not be confident in doing root
- 21:12- canals because they didn't get enough reps under
- 21:14- their belt in dental schools?
- 21:16- And how do we get them to, you
- 21:17- know, be able to add some of these
- 21:19- procedures, whether it's Invisalign, be able to do
- 21:21- root canals, or be able to just pull
- 21:23- out difficult teeth. Right? That's, those are reps
- 21:26- that we are looking to build in our
- 21:28- dentist.
- 21:30- Thank you. And and
- 21:32- each of you have this tremendous
- 21:35- motivation and energy
- 21:37- and and and great sort of ethic and
- 21:40- work ethic.
- 21:42- How excite or what advice would you give
- 21:44- to evolving entrepreneurs
- 21:46- or or evolving leaders? Any piece of advice
- 21:48- you'd give to evolving leaders. And I and
- 21:50- I love what Anoushka said about
- 21:53- you you can't teach motivation. It's almost like
- 21:55- you can't teach speed or height. I I
- 21:57- think that's largely true.
- 21:59- You know, some people find their motivation different
- 22:01- parts of the career, but it's very hard
- 22:03- to teach motivation. But what advice would you
- 22:05- give to emerging leaders, emerging dentists?
- 22:08- I think the advice I would probably give
- 22:10- is it's gonna take a lot longer than
- 22:11- you think.
- 22:12- I think there's a lot of, you know,
- 22:14- being on social media, LinkedIn, Instagram, there's a
- 22:16- lot of,
- 22:17- people claiming that, you know, they reach success
- 22:20- within, you know, a few months or a
- 22:22- year and follow me and you can learn.
- 22:24- The reality is that leadership and, success really
- 22:27- in any
- 22:29- industry, in any role,
- 22:31- it does take time because it it's through
- 22:33- experience, trial and error. You can find a
- 22:35- great mentor who can help you avoid some
- 22:37- of the pitfalls. But at the end of
- 22:38- the day, you know, there are the hours
- 22:39- that have to be put in order to
- 22:41- get to that level of success.
- 22:43- Yeah. That's great.
- 22:44- From from me, I think I would say
- 22:46- get clinically excellent, but don't confuse your clinical
- 22:50- skill with career success.
- 22:53- Number two would be learn to communicate value.
- 22:55- Right? Because,
- 22:56- patients only understand how you make them feel.
- 22:59- They don't care how smart we are as
- 23:01- dentists.
- 23:02- And then have a bias for action.
- 23:04- And then your reputation certainly compounds over time,
- 23:07- so don't take it for, you know, for
- 23:08- granted, and then take ownership
- 23:11- of, the things that you do on a
- 23:13- day to day basis. I think those are
- 23:14- some,
- 23:15- mental models that you can take. And the
- 23:17- the last one, my one of my favorites
- 23:19- is there there is a what I call
- 23:21- the return on decision framework, just like return
- 23:23- on investment,
- 23:25- that every decision you make will have a
- 23:27- return.
- 23:28- We get to decide whether that's good or
- 23:30- bad
- 23:31- over time.
- 23:32- Doctor Nagaraj, doctor Ghagani, I I I love
- 23:36- watching your efforts and your growth. It's inspiring
- 23:39- to me. I love what you're doing. I
- 23:41- I thank you so much for joining us
- 23:43- today in the Becker's health care and Becker
- 23:44- dental Becker's Dental podcast. I know I kept
- 23:46- you longer than I than I promised I
- 23:48- would, but we're so thankful for your time
- 23:50- and energy, and you're an inspiration to me
- 23:53- at least. I know for many others. So
- 23:55- keep doing what you're doing. It's fantastic to
- 23:57- watch and great to watch you guys grow.
- 23:59- So congratulations.
- 24:01- That's very kind of you, because, you know,
- 24:03- honestly, you're the inspiration to us. So thank
- 24:04- you so much for having us on.
- 24:06- Yes. Can't tell you how much your support
- 24:08- means to us and your words mean to
- 24:10- us, and I think, thank it's truly an
- 24:12- honor, Scott. Thank you. Well, we're we're big
- 24:15- fans. Keep doing what you're doing. It's just
- 24:17- literally fantastic. Thank you so much for taking
- 24:19- the time to join us today. Thank you
- 24:21- very, very much. You as well. Thank you
- 24:22- so much.