In this episode, Jesse shares a powerful four-part framework to help dental practice owners not just survive, but thrive during economic downturns. Drawing inspiration from the medieval concept of a castle and its protective moat, Jesse introduces the MOAT strategy as a robust defence mechanism for your business.
Whether you’re facing turbulent financial conditions or simply want to future-proof your practice, this episode will walk you through specific, actionable steps to bolster your practice’s financial reserves, systemise operations, diversify patient acquisition, and master your time for strategic leadership.
In this episode:
- [00:00] Introduction to economic resilience and the castle-moat analogy
- [00:01] Why your practice is your financial fortress, and how to defend it
- [01:18] M for Money: Building strong cash reserves and managing debt wisely
- [03:51] O for Operations: Systemisation vs humanisation and why it matters
- [06:01] A for Acquisition: Creating multiple streams of patient flow
- [08:11] T for Time: The real value of your time as a business owner
- [08:55] Boundaries, delegation, and strategic thinking as leadership essentials.