Know Your Practice Numbers

Published: Oct. 31, 2016, 11 a.m.

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One of my favorite guilty pleasures when winding down to relax, is to watch an episode of the hit the ABC T.V show Shark Tank.

\\xa0On the show, entrepreneurs from around the world go to the \\u201ctank\\u201d and pitch their businesses, hoping for one of the \\u201csharks\\u201d to give them an investment.

Some get a deal. Others don\\u2019t.

But I\\u2019ve noticed something interesting. The majority of companies that don\\u2019t get a deal have one thing in common.


They don\\u2019t know their numbers.

Now think back to your practice.
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Do you know your numbers as well as you should? Maybe you\\u2019ve spent some time on it.
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But knowing some of your numbers just won\\u2019t cut it.

You have to REALLY know them.

Which is why I\\u2019m thrilled to introduce today\\u2019s guest Rohit Garg.
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Rohit, is the founder of Practice by Numbers, a data and metrics tool that helps you translate your numbers into actionable insight you and your office manager can actually understand.

Rohit\\u2019s story is fascinating, and I guarantee you\\u2019ll find something to implement in your practice today.

If you enjoyed today\\u2019s show, make sure to sign up for a free demo of The Practice By Numbers Software.

Rohit will use your actual numbers during the demo. Get that here.

Here are a few things you\\u2019ll discover in today\\u2019s episode:

  • The power of instant feedback, and why it matters.
  • A simple way to leverage competitiveness within your practice.
  • The boiling frog analogy, and why it matters to you. \\xa0
  • The secret to setting achievable goals.
  • How to A/B test different strategies with your practice.
  • 3 metrics you should know off the top of your head.
  • Why growing a practice is so hard, and the key to push through growth barriers.
  • How 70 percent of dentist data comes from \\u201cunknown sources\\u201d and how to fix it.
  • How tracking your numbers can help you communicate better with your staff.
  • The cost of not knowing your numbers.
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Free Episode Bonus:

As an added bonus for today, Rohit has generously offered a free demo of his software, Practice By The Numbers. He\\u2019ll hop on a quick call with you and use your actual data for the demo.

I\\u2019ve been able to play around with it, and I can honestly say it\\u2019s fantastic. Be sure to take him up on this offer quickly though, because spots are limited. \\xa0

Click here to schedule a call today.

Quote:

\\u201cCreating busywork doesn\\u2019t create accountability. It just creates busy work. - Rohit Garg

Resources:

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Without you, Ambitious Dentists, this show wouldn\\u2019t exist.

If you enjoyed today\\u2019s episode, please go here to give me an honest rating and review in iTunes.

This allows me to evolve the show as it goes on, and also helps spread the word to other podcast listeners since iTunes promotes shows with active engagement.

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