“Where you set your mind and your focus is where you will end up.” ~Dr. Victoria Peterson
Think about this: what is your 10-year goal?
I often invite business owners to talk about their 10-year goal. It seems easy so you might be surprised to learn how many owners balk at doing that.
I get it. When you let yourself dream about where you want to be in 10-years it can be scary. You look at some big, seemingly unattainable goal and it makes you panic. It can seem like you’re setting yourself up for failure when you look at this beautiful, ambitious, 10-year goal.
But I’m here to tell you, your big goals are possible! Did you notice in my interview with Dr. Clint Euse that as he was building his Investment Grade Practice, he talked about the lifestyle he wanted and the goals he had for his practice and life? He defined his core values – what is important to him in life and lifestyle – and he defined what his endgame goals were. Then he built his lifestyle to honor those core values while staying focused on his long-term goals.
Sounds easy when I put that way, doesn’t it? Here’s what usually trips people up in this process: we typically overestimate what we can do in 1 year, but underestimate what we can accomplish in 10 years.
This is what makes Dr. Euse such a good example to follow: he is realistic about what he can accomplish in 1 year within the context of where he wants to be in 10 years.
This is the key to building an Investment Grade PracticeTM.
So I invite you today to start dreaming big about where you want you and your practice to be in 10 years as I dive deeper into how you can build your Investment Grade PracticeTM, including:
- What banks look at when approving loans
- What character traits to look for in possible associates or partners to help you along the way
- 3 phases of long-term practice growth
Want to have a conversation about your Investment Grade PracticeTM? Contact Brent at brent@productivedentist.com.
Never miss an episode! Subscribe to Investment Grade PracticesTM Podcast on iTunes & Spotify.
The Three Phases of Long-term Practice Growth