Today I am going to tell the story of my friend ‘ANUJ‘.
My friend Anuj is a very laborious dentist. He enjoys dentistry a lot. He had done a lot of effort during his graduation and after that, he had done many courses to improve his skills. His dream was to become a famous dentist. To fulfill his dream he thought to do the job as a somewhere. By finding for jobs he got his job in one of the leading dental chain. Till now, Anuj had never worked in a clinic. After some time he started providing good treatment. One day he thought to open his own new clinic. He thought to keep his charges low and provide the best treatment and in this way, he could save few money too.
He shared his idea with his parents and friends. Everyone liked his concept and he opened his own clinic in a sub-urban place with the help of his parents.
In the starting, he suffered from the problem that very few patients used to come in his clinic. Being having good price and treatment quality no one knows about his clinic.
Then he realized that marketing is very important and he started putting double effort. He became active on social media and after that, some patients started coming to his clinic but that wasn’t sufficient. He distributed Pamphlets, hanged hoardings, started doing camps by saving his money. He got the benefit of this and the number of patients increased after that my friend Anuj became busy and marketing was stopped.
An increase in the number of patients lead to new difficulties. Anuj was not capable to handle all the work alone like keeping cleanliness, scheduling patients, delivering good treatment, doing marketing.
So finally after seeing the profits, he hired a BDS staff. She was a BDS fresher female who wanted to work because she does not want to sit at home until she gets married. Now my friend started thinking that he is a businessman now. He transferred his many of the patients to his junior dentists and he transferred some of them to practice management.
Everything was going well but suddenly a problem occurs. Complaints started coming in treatment. The right diagnosis could not be made by young BDS. Patients management was also not good. Actually BDS who was hired by Anuj was very lazy. She does not have more interest in treatment. After teaching her so good no change could be seen in her. That is why patients were not happy and some of the patients always used to ask for treatment from Anuj only. Some patients walked out due to unsatisfactory.
Anuj wanted to do marketing and handle his business on his own that’s why he was not able to give his focus on treatment. So, when profit started decreasing Anuj decided to treat the patients by himself and refused his junior dentists to do the treatment and again he started doing everything by himself.
Now my friend has extended his work so he became busier. Now he uses to do a job in his own clinic from 09:00 am in the morning till 10:00 pm at night. In between, he just takes 3 hours break for lunch and he is not utilizing that time properly.
He is not earning more money.
Neither he is giving time to his family nor enjoying anything. Now, he is just doing a highly demanding job in which salary is also less. Slowly my friend became frustrated. Now he doesn’t enjoy doing the treatment and he just wants to leave everything and run away.
After seeing all this my friend Anuj decided to keep an experienced dentist who can make his life easier. And finally, he got a talented, energetic BDS employee. Now Anuj’s work has decreased a little bit. After sometimes work has increased more and Anuj thought to hire one more employee and this time Anuj was determined that he need a talented employee only. After searching a lot Anuj kept an employee who used to see dental clinic’s marketing and patients management.
Now everything was going right.
But after doing this much profit margin started diminishing. After taking out every employee’s salary, rent, lab bill, material bill, Anuj was left with nothing much. Anuj thought to increase the charges but due to that customers get reduced and overall it doesn’t change his profit margin much. Now Anuj is running in a type of rat race trap in which he is doing the job in his own clinic and not many conditions have changed in the last five years.
Such types of problems occur during running a successful clinic.
Due to these problems, many of the clinics close or can just survive because doctors know nothing else to do and clinic is in their own property so they don’t have to pay rent too.
Research has revealed that after having much knowledge about their own work 8 out of 10 businesses fail in the starting 18 months only.
And this is not the failure of luck. Behind this there are some myths, reasons, misunderstandings which lead to failure.
Michael E Gerber tells this thing in a very good way in his book The E Myth. Today I will tell you some of his things.
If you know how to do good dental treatment then it doesn’t mean that u can run a dental clinic in a good way. And this is the biggest reason for failure. To run a good business and to be a good dentist are two different things. The entrepreneur makes a new house and starts thinking about another house too and the manager makes a house and lives there for a lifetime.
If you want your clinic to be successful then it’s necessary to have three qualities in an owner or you will need three different people to run the business.
First an entrepreneur
Second a manager
Third a dentist
Entrepreneurs are those who give vision to a company, decide big goals, make plans for the future of the dental clinic, and keep his whole team charged. These things are important for the dental business. The entrepreneur basically focuses on the future.
The manager is those who run the business in proper order, manages patients and employees and take responsibility to keep everything in order which gives a consistent outcome. A manager learns from his old mistakes and analysis after making his new strategy. The manager keeps the company in the past and learns from it.
The last and third person is a Dentist who manages the main work which means a dentist solves the problems of customers in a dental clinic.
My friend Anuj is a dentist but neither an entrepreneur nor a manager that’s why he was stuck in a rat race trap.
So for a successful dental clinic this three-person entrepreneur, manager, and dentist are needed.
If you can’t hire this three-person separately then you have to play the role of these three which was not there in my friend Anuj.
Just like Anuj, people who start a business they do this mistake and think that treatment is only the thing that they need to know.
My friend Anuj is 70% dentist, 20% manager, and 10% entrepreneur but to run a successful business all three qualities should be 33% respectively. So friends you also have to put all these three qualities in you. In my next video, we will see that how can you convert a small clinic into a dental clinic chain. And how my friend Anuj got out of this rat race.