“It cost about $100,000 for me to sit down, find the right person and guide that associate into the following years.” ~Dr. Maggie Augustyn
Dr. Maggie Augustyn, speaker, author, dentist and owner of Happy Tooth in Elmhurst, Illinois, joins Regan Robertson and Dr. Chad Johnson on this episode of Everyday Practices Dental Podcast. Today, they discuss the costs, benefits, and potential challenges of bringing on a dental associate. Dr. Maggie shares her experience of being an associate, and offers invaluable insights into the symbiotic relationship between associates and practice owners.
The trio also explores the financial investments involved in hiring and training associate dentists, shedding light on the opportunity costs for both parties. Dr. Maggie’s recent experience of hiring an associate prompts a deeper discussion into the true costs and rewards of mentorship in the dental profession.
This candid discussion is a must-listen for anyone who is considering bringing on an associate, or for anyone who wants to be an associate dentist.
As you listen to this episode, think about the following:
- What are the financial and professional implications of choosing to be an associate vs. owning your own practice?
- How does the quality of mentorship and relationship with the practice owner impact professional development and job satisfaction?
- What steps can associates take to foster a positive and supportive relationship with practice owners?
- How can associates maintain a sense of autonomy while benefiting from the support and guidance of the practice owner?
- What are the risks and rewards associated with practice ownership, and how do they compare to the benefits of being an associate?
https://productivedentist.com/podcasts/everyday-practices-podcast/episode-229-will-it-be-rough-or-beautiful/
Will It Be Rough or Beautiful?