In this episode of Let's Talk Teeth, we are joined by Dr. Richard Low, the founder and former CEO of Shared Practices Group. Dr. Low shares his journey, from experiencing academic failures in undergrad to thriving in dental school at Midwestern University in Arizona. He discusses how he financed his education through the Army scholarship and his entrepreneurial spirit, which drove him to start a dental podcast, Shared Practices, while still serving in the Army. Dr. Low goes in to detail on his experiences with Shared Practices, both the successes and the challenges, including the stress and eventual burnout from running multiple practices. He also opens up about his personal transformation, joining a men's group for support and self-improvement, which has led him to start his own group aimed at helping dentists combat burnout and find balance in their lives. Be sure to listen in as Dr. Low shares his insights on dental practice management, mental health, and personal growth!
00:00 Introduction and Guest Welcome
00:22 Dr. Richard Low's Dental School Journey
01:06 Choosing Midwestern University
02:05 Experience with the Army Scholarship
03:05 Starting a Podcast in the Army
04:59 Buying and Managing Dental Practices
06:47 Founding Shared Practices
10:31 Metrics for Acquiring a Dental Practice
14:07 Transition to Shared Practices Group
17:23 Advice for Dental Students and Entrepreneurs
22:10 Unconventional Acquisition Models in Dentistry
23:35 Challenges of Full Arch Dentistry
24:43 Stress and Burnout in Dental Practice
27:18 Multi-Specialty Practices: Pros and Cons
29:22 Personal Journey and Mental Health
32:23 Creating a Supportive Community for Dentists
36:01 Future Vision and Advice for Dentists