Your Time, Your Money
Your Time, Your Money
Tips and tricks to save you time and money. Made by BLBK Solutions: blbksolutions.com. BLBK Solutions LLC, is a profit advising and bookkeeping firm that focuses on the dental industry.
Blog By:
Connie Jacox
Connie Jacox

You Don't Know, and That's OK

You Don't Know, and That's OK

9/7/2021 12:00:00 PM   |   Comments: 0   |   Views: 53

          Many business owners are excited to start a business around something they love, but don’t actually know how to run a business. You are trained as a dentist, you are excited to do dentistry. You wanted to own your own practice so you could control your schedule. Then you got hit with the business management part of the job, and that includes bookkeeping. Do you expect yourself to be good at bookkeeping because you did a lot of schooling and opened your own practice? You shouldn’t; you weren’t trained for business ownership.

          As a dentist, do you know everything about dentistry? Of course not! Do you even know everything there is on how to clean teeth? Probably not. If you don’t know everything in your own field, why do you expect to know something that isn’t your field? Bookkeeping isn’t a basic skill that everyone knows how to do instinctively.

          It’s ok to get help to run your business. If you want to do all of the business management stuff yourself, that’s ok too, but understand that it’s going to take a lot of time and energy to train yourself on how to be a dentist, HR manager, and bookkeeper. If you don’t take time to train yourself, then you will be in a world of hurt later, so don’t just wing it. If time is a luxury you don’t have, and you don’t have the energy to train yourself, don’t be afraid to ask for help. Consider what your time is worth; is it best spent learning about management and bookkeeping, or improving your dental skills and treating patients? And if you do both, will that leave you time to enjoy the fruits of your labor?

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