Believe it or not, your mindset will determine whether you succeed — or fail. Do you know if you are leading your dental practice with a mindset of abundance or scarcity?
Take a quick self-check: Is your overall outlook one of gratitude and abundance even through the hard times? Or are you gloomy as you think about everything that could potentially go wrong in your dental practice?
Unfortunately for many small business owners, falling into a mindset of scarcity is all too common, and a real danger that’s threatening the vitality of our dental communities.
“Many dentists think suffering from a scarcity mindset means not having money,” Dr. Bruce Baird explains. “In reality, money has very little to do with living in an abundant mindset.” Let’s look at a few examples…
A Scarcity Mindset says:
- “I’m not coming in on Saturday unless I get paid.”
- “I’d love to get my team to go over financial options with patients but they run the show.”
- “I can’t do this in the practice because the team won’t listen to me.”
Whereas an Abundant Mindset says:
- “Will I get paid if I come in on Saturday?”
- “What are some opportunities that could arise from presenting financial options in a different way?”
- “Let’s clarify your objections to trying something new.”
Dr. Baird shares, “People who are quick to complain before something happens, rather than getting curious and asking questions for clarity is a key indicator of the mindset that person is in.
My dad taught me to always do my best and be a hard worker. I knew if I needed [money] I could go work for someone. I’ve never been upset when someone has a lot more than I do. I know if I help enough people that abundance will always be around me because of what my dad taught me.”
As the leader of your dental practice, it’s the doctor’s job to lead the team into an abundant mindset. “People with an abundant mentality seem to attract the top of the top,” explains Dr. Baird. “While those with a scarcity mindset don’t.”
Shift Your Mindset For Growth
In this episode of The Productive Dentist podcast, Dr. Baird shares why people who have an abundant mentality attract the best of the best team into the practice, and how to spot the red flags of a scarcity mindset that may be lurking in your practice.
Shift Your Mindset Into Abundance By Enrolling in
PDA Business Impact: Foundations Program
Productive dentists that consistently produce a predictable patient experience and generate massive raving fans have three things in common when it comes to year over year growth in the dental practice:
- A well-defined philosophy of care
- A clear business plan
- An easy way to get team buy-in
This is your chance to have your best year ever!
Productive Dentist Academy is offering something we’ve never done before to give you access to the exact proven methods you need to jumpstart productivity today — not months or years from now.
Recent PDA Business Impact: Foundations Program participant Dr. Brad Moss explains,
“I think this program is RIGHT ON THE MARK! I feel my staff is such an integral part of my practice’s foundation and right now they are on unstable ground.
By becoming a better leader, my actions can act as piers that support them through the tough times. Together we can lead our patients to better health.”
– Dr. Brad Moss
Beginning January 14th we are kicking off our third PDA Business Impact: Foundations Program. Sign up for this 8-week interactive program and receive Dr. Bruce B. Baird’s “Pearls of Productivity” On Demand BONUS and $700 OFF Tuition.