820: The Secrets to Successful Dental Partnerships: Insights from an Industry Expert – Paul Sletten

820: The Secrets to Successful Dental Partnerships: Insights from an Industry Expert – Paul Sletten

You want a partner for your practice. But where do you find one, and how do you make it work? To help you choose the right doctor for you and your team, Kirk Behrendt brings back Paul Sletten, founder of the Sletten Group, to share the secrets to a lasting, successful partnership. Life is too short for bad partnerships! To learn how to choose a good partner — and to be a good partner — listen to Episode 820 of The Best Practices Show!

Learn More About Paul:

• Give Paul a call: (303) 699-0990
• Send Paul an email: paul@lifetransitions.com 
• Learn more about the Sletten Group: https://theslettengroup.com

More Helpful Links for a Better Practice & a Better Life:

• Subscribe to The Best Practices Show: https://the-best-practices-show.captivate.fm/listen
• Join The Best Practices Association: https://www.actdental.com/bpa
• Join ACT’s To The Top Study Club: https://www.actdental.com/ttt
• See the ACT Dental/BPA Live Event Schedule: https://www.actdental.com/event
• Get The Best Practices Magazine for free: https://www.actdental.com/magazine
• Please leave us a review on the podcast: https://podcasts.apple.com/us/podcast/the-best-practices-show-with-kirk-behrendt/id1223838218

Episode Resources:

• Watch the video version of Episode 820: https://www.youtube.com/@actdental/videos
• Get to know your personality with DiSC: https://www.thediscpersonalitytest.com
• Uncover your instinctive strengths with Kolbe: https://www.kolbe.com
• Develop your leadership with Culture Index: https://www.cultureindex.com
• Discover your gifts with Working Genius: https://www.workinggenius.com

Main Takeaways:

• A successful practice is not run by consensus. There is always a leader.
• Figure out who you are, your strengths, and your blind spots.
• Look for a partner who will fit your culture and core values.
• Choose a partner that you like, admire, and respect.
• Don't hire a partner based on credentials alone.
• Find a way out if you're in a bad partnership.
• Life is too short to be in toxic relationships!
• Stay aligned and updated on your vision.
• Leadership is a skill to be learned.

Snippets:

0:00 Introduction.

0:38 Why this is an important topic.

2:19 Partnerships, explained.

5:15 How partnerships come together.

10:12 Who will fit your practice culture?

13:45 Choose someone you like, admire, and respect.

16:27 Understand who you are.

21:50 What to do if you're in a bad partnership.

24:12 Embrace your designated roles.

27:41 Stay aligned and continually update your vision.

31:34 The key to a fulfilling life.

32:57 Solo practice isn't dying.

35:57 Do 50-50 partnerships work?

39:14 Final thoughts and how to reach out to Paul.

Paul Sletten Bio:

Paul D. Sletten founded the Sletten Group, Inc. in 1975 in Denver, Colorado. They are in their 49th year of business and have developed an international clientele, having assisted and completed transitions in all 50 states, six provinces in Canada, and two states in Australia. They continue to exclusively work with fee-for-service dentists and their teams around the country.

Paul has spoken at more than 285 dental meetings around the country. This includes almost all of the major dental meetings and numerous study clubs. The topics focus on all aspects of practice transitions — including buying a dental practice, selling a dental practice, and much more — as well as personal growth and development for dentists and team members.