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Bought the Right Practice with Dr. Jim Simpson
Manage episode 446127347 series 1254402
In this episode of the Shared Practices Podcast, Dr. Jim Simpson shares his journey of buying the right dental practice. From his decision-making process to evaluating opportunities and making the best choice, Dr. Simpson dives into the key factors that helped him succeed. Whether you’re looking to purchase your first practice or planning future acquisitions, this episode offers valuable insights into what makes a practice the “right” one. Key Highlights:
- The Decision to Buy: Dr. Simpson talks about the importance of timing and preparation when buying a practice. He shares his personal journey of evaluating different opportunities and what helped him determine the right fit.
- Evaluating the Right Practice: Learn the crucial factors Dr. Simpson considered when choosing the practice, including location, patient base, and financial performance. His insights offer practical guidance for anyone in the process of purchasing a practice.
- Challenges and Successes: Dr. Simpson highlights his challenges after acquiring the practice and how he overcame them to ensure a smooth transition. He also shares the strategies that helped him turn the practice into a success.
Curious about what it takes to find and buy the right practice? Tune in now for Dr. Simpson's expert insights!
Have a question or topic you want us to cover? Reach out to us on social media or our website at www.sharedpractices.com. Don’t forget to subscribe and leave a review if you enjoyed this episode!
56 episodes
Bought the Right Practice with Dr. Jim Simpson
Shared Practices | Your Dental Roadmap through Practice Ownership
Manage episode 446127347 series 1254402
In this episode of the Shared Practices Podcast, Dr. Jim Simpson shares his journey of buying the right dental practice. From his decision-making process to evaluating opportunities and making the best choice, Dr. Simpson dives into the key factors that helped him succeed. Whether you’re looking to purchase your first practice or planning future acquisitions, this episode offers valuable insights into what makes a practice the “right” one. Key Highlights:
- The Decision to Buy: Dr. Simpson talks about the importance of timing and preparation when buying a practice. He shares his personal journey of evaluating different opportunities and what helped him determine the right fit.
- Evaluating the Right Practice: Learn the crucial factors Dr. Simpson considered when choosing the practice, including location, patient base, and financial performance. His insights offer practical guidance for anyone in the process of purchasing a practice.
- Challenges and Successes: Dr. Simpson highlights his challenges after acquiring the practice and how he overcame them to ensure a smooth transition. He also shares the strategies that helped him turn the practice into a success.
Curious about what it takes to find and buy the right practice? Tune in now for Dr. Simpson's expert insights!
Have a question or topic you want us to cover? Reach out to us on social media or our website at www.sharedpractices.com. Don’t forget to subscribe and leave a review if you enjoyed this episode!
56 episodes
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1 Ask George - Your Practice - Your Primary Financial Asset 41:26

1 From Dental School to CEO: A New Owner's Journey 37:16


1 How One Decision Can Change Your Trajectory 33:20

1 Practice Under Water with George – Nesto Part 2 48:06

1 Practice Under Water with George – Nesto Part 1 37:53

1 Ask George - How to Achieve Sustainable Income Early On 34:31

1 Building Culture that Persists - Is it Possible in Dentistry? 36:15

1 Thinking About Practice Ownership? Financing Secrets Every Aspiring Owner Should Know 45:56

1 Coaches Corner - Avoiding Information Overload: Filtering the Noise and Taking Action 28:44

1 Ask George - Buying Right vs. Buying Regret: How to Spot the Wrong Practice 43:35

1 Bold Moves, Light Laughs: How One Dentist Found His Calling 46:18

1 The Entrepreneurial Dentist: Balancing Wealth, Risk, and Fulfillment 41:50

1 Coaches Corner - Beyond Bonuses: How to Build a Culture of Buy-In 28:12

1 Ask George - What to Expect When You're Expanding 45:04


1 Bought the Right Practice with Dr. Jim Simpson 35:35

1 Hygiene Led Growth vs Hygiene Led Profit - Ask George 26:35


1 Maximizing for Profit or Growth - Ask George - The Shared Practices Podcast 43:22

1 When Luck Meets Strategy: Doubling a Practice in a Year w/ Dr. Andrew Clingan 41:16

1 Dr. Simon Wu: How He Doubled His Practice in 18 Months 33:50

1 Achieving Financial Escape Velocity as a Dentist 33:14

1 Ask George - Should You Start or Acquire Practice #2 and Beyond? 35:54

1 From A Dinosaur Practice to Digital Success with Dr. Mohiuddin Ifaz 46:10



1 Growing a Fee for Service Group Practice with Dr. Jesspreet Parmar 53:11

1 Selling to a DSO - When Would It Make Sense? 36:54


1 The Path from a Solo Doctor Practice to a Multi-Doctor Practice 27:18

1 Ask George - THE BEST Startup vs Acquisition Episode Shared Practices Has Ever Done 30:22

1 Coaches Corner - Creating Self-Managed Teams 37:44



1 "Ask George" - Precision Growth - Pathways to Profitability 42:14
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