Who’s Got the Monkey

The Bulletproof Dental Podcast Episode 344

HOSTS: Dr. Peter Boulden 

GUESTS: Dr. Trey Tippit and Dr. Dwight Peccora

TAKEAWAYS

  • Delegation is essential for effective management and growth in any organization.
  • Setting boundaries and managing expectations are crucial for preventing tasks and problems from becoming overwhelming.
  • Clear communication and time management are key to successful delegation.
  • Taking ownership of one’s own responsibilities and empowering others to take ownership of theirs leads to a more efficient and productive workplace. Set structured time to address problems and have conversations with the team.
  • Avoid discussing important matters over email or text messages.
  • Assign a specific time and level of responsibility for each task or problem.
  • Leaders should empower their team and encourage independent thinking.
  • Maintaining a healthy work-life balance is crucial for personal and professional growth.
  • Building and selling small dental practices can be a successful business model. There are different approaches to scaling dental practices, with some dentists opting for a decentralized network and others choosing centralization and consolidation.
  • Outsourcing certain aspects of dental practice operations, such as revenue cycle management, can help streamline processes and improve efficiency.
  • The future of AI in dentistry holds promise, but the technology is still evolving and its full potential has yet to be realized.
  • The dental industry may experience a Renaissance in the coming years, with increased investment and consolidation.
  • Collaboration and learning from others in the industry, even those with different approaches, can lead to valuable insights and growth opportunities.

CHAPTERS

00:00 – Introduction and Nostalgia

01:31 – Fitness and the Importance of Taking Care of Your Body

06:17 – The Story of ‘Whose Monkey Is It?’

09:10 – The Rules of Managing Monkeys

16:25 – Limiting Time and Setting Boundaries

24:01 – Structured Time and Problem-Solving

28:30 – Effective Communication: Face-to-Face vs. Email

30:11 – Assigning Time and Responsibility for Tasks

32:38 – Empowering the Team and Encouraging Independent Thinking

34:22 – Maintaining a Healthy Work-Life Balance

41:11 – Building and Selling Small Dental Practices

47:58 – Introduction and Different Approaches to Scaling Dental Practices

48:30 – The Role of Outsourcing in Dental Practice Operations

52:02 – The Potential for a Dental Industry Renaissance

01:06:23 – Collaboration and Learning from Diverse Perspectives in Dentistry

REFERENCES

Bulletproof Summit 2024

Dental Students use code: BPSTUDENT for your discount!

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Blog

State of Dentistry

, May 2, 2024

Who’s Got the Monkey

, April 17, 2024

Enrolling More Dentistry

, April 17, 2024

Freedom of Direction

, March 8, 2023

ALWAYS BE RECRUITING

, November 23, 2022

Bulletproof Storytime

, May 18, 2022

Mastermind Announcement

, May 14, 2022

Reduce the Friction

, March 30, 2022

Heroin and a Salary

, December 22, 2021

How it Started, How it’s Going

, December 10, 2021

All things Real Estate – Part 2

, November 24, 2021

All Things Real Estate – Part 1

, November 17, 2021

How To Talk To Your Team

, November 3, 2021

Your Revenue Doesn’t Matter

, October 21, 2021

Summit Wrap Up 2021

, July 28, 2021

Debt Repayment Methods

, June 16, 2021

Bottlenecks to Revenue

, June 9, 2021

The Bulletproof Pathway

, March 17, 2021

Comfort Zone & Lifestyle Creep

, February 17, 2021

1 VS. 5 Locations

, February 10, 2021

Team Alignment is EVERYTHING

, February 3, 2021

Work As Hard As You Can

, December 9, 2020

Becoming a Thoroughbred

, November 27, 2020

Dealing with Upset Patients

, October 22, 2020

Team Compensation Negotiations

, September 17, 2020

The Risk of Burnout

, September 9, 2020

When to Expand

, August 27, 2020

Don’t Blow Your Ask

, July 16, 2020

Your Last Dance

, June 2, 2020

Looking for Silver Linings

, April 7, 2020

HR Answers in a Corona World

, March 19, 2020

The Summit Recap

, March 3, 2020

Dr. Baird is BAAACK!

, February 20, 2020

The Insurance Conundrum

, January 9, 2020

2020: Your BEST Decade Yet

, January 2, 2020

Leadership with Dr. Jenny Perna

, December 19, 2019

Smartest in the Room

, September 19, 2019