Gary Kadi and a co-host discuss why dentists resist change and struggle financially. A 2016 industry study found 96% of doctors can't retire while maintaining their lifestyle. They're building peer groups to help smaller practices evolve.
Questions this video answers
96% (printed in 2016)
There's two groups, actually, that we built because there's such a high standard now for practices and what their profit needs to be. I created one for the smaller practices, and we're grouping them up. And we have a founders group that we're starting right now. So this is a very timely message around this to that group as well.
I have to applaud you for kind of seeing what's going on in the industry and sort of, you know, letting your business evolve to reflect that. We, as dentists, we tend to do what we've always done, and if something doesn't work, you just keep doing it over and over and over again. And that's really frustrating.
You printed it in your magazine in 2016, and it was 96% of doctors can't retire and live the same lifestyle.