Dr. Josh Raiffe, DMD - Path to Dental Practice Ownership
Manage episode 431950608 series 3299152
Path to Ownership:
Dr. Josh Raiffe's background in dentistry, growing up in a dental family, and early exposure to the business.
The Decision to Buy:
After being unexpectedly fired from his associate position, Dr. Josh Raiffe considered starting up his own practice but ultimately decided to acquire an existing one.
Importance of a Buyer's Representative:
Dr. Josh Raiffe emphasized the value of having a buyer's representative to protect his interests during the acquisition process.
Challenges of Ownership:
The transition period was challenging, including managing staff turnover, financial adjustments, and balancing clinical duties with administrative responsibilities.
The Importance of Team Building:
Dr. Josh Raiffe stressed the significance of fostering a positive work environment.
Balancing Clinical and Business Roles:
The podcast explored the dual responsibilities of a dentist-owner, highlighting the importance of both clinical expertise and business acumen.
Personal Growth and Ownership:
Dr. Josh Raiffe connected personal growth, emphasizing the importance of self-awareness and overcoming personal challenges to become a better business person.
Additional Notes:
Dr. Josh Raifee promoted his children's book, "Josh and Gigi's Toothbrush Adventure," 100% of the proceeds benefit "Prevent Child Abuse America." Purchase on Amazon: https://www.amazon.com/Josh-Gigis-Toothbrush-Adventure-Raiffe/dp/B0CVNWKLPZ
Contact Dr. Josh Raiffe to offer the book in your dental practice.
joshuasraiffe@gmail.com
https://www.sheadentalaz.com/
00:00 Intro Music
1:52 Dr. Josh Raifee
5:10 Why Become An Owner?
9:00 Working As An Associate
11:47 Start Up vs. Acquisition
15:23 Hiring a Buyer's Representative
22:01 Negotiating a Fair Price
25:31 Seller Stays On After Sale
28:17 Managing People & Teams
34:52 Listen to Your Gut
36:33 Owner vs. Associate
44:42 Josh's Children's Book for Charity
Dental Unscripted host :
Michael Dinsio is a dentist's buyer representative, helps dentists buy dental practices step-by-step through the acquisition process. With over a decade of experience and more than 500 dental transactions, Michael is a key opinion leader in the dental industry.
If you would like a free consult with Michael or would like to work with Michael in the future visit his webpage.
https://www.nxlevelconsultants.com/buyer-representation.html
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START UP UNSCRIPTED PODCAST - We talk about starting up a dental practice from scratch!
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Intro Music by D Fine Us on https://artlist.io/song/15785/howling
33 episode