5 Moves to Win Your First Year of Dental Ownership - TLP Podcast #271

Buying a practice can feel like stepping onto a moving treadmill set at full speed. Most new owners scramble to fix the wrong problems, burn out their team, and miss the opportunities right in front of them. In this episode, Derek shares the five action items that separate thriving first-year owners from the ones barely keeping up. These aren’t theory — they’re hard-won lessons from his own journey and from coaching over 50 dentists through acquisitions. One of them might be the very thing you’re overlooking right now. Connect with us: • Learn more about 1-on-1 coaching: https://thelifestylepractice.com/cont... • Get access to TLP Academy: https://thelifestylepractice.com/acad... • Subscribe to The Lifestyle Practice Podcast: https://podcasts.apple.com/us/podcast... • Email Derek at derek@thelifestylepractice.com • Email Matt at matt@theifestylepractice.com • Email Steve at steve@thelifestylepractice.com 00:00 Introduction and Personal Story 03:00 The Importance of the First Year in Practice Ownership 06:05 Top Five Tips for New Practice Owners 15:04 Building and Leading Your Team 19:30 Honesty with Patients from Day One 23:32 Maintaining a Big Picture Perspective 28:47 Conclusion and Final Thoughts