5 Stages in the Professional Life cycle of a Dentist

Dr Pranav Agale

Dr.Pranav Agale is an MBA from Indira Institute of Management, Pune and a BDS from Nashik University. He is experienced in Brand Bulilding for Dentists.



In this post, we will discuss the various stages in the entire career of a dentist. Learn about the various stages and plan your dental career accordingly.

Life cycle of Dental Practice

We are taught dentistry in colleges but no one taught

us the business cycle of Dental Practice.

This business illiteracy has put many dentists in dilemma; leaving them unsure about their future. I believe this is one of the primary reasons why many dentists are unhappy with their practices.

Let’s get into the details of “Lifecycle” of your practice 

Yes, it’s a long journey on a cycle …

that you start in your mid-twenties and then keep on going as long as you can.


This post is Written By Dr. Pranav Agale.

Director of Viva LifeCare Pvt. Ltd. and DentistFriend.com is his brainchild. He is an MBA & holds experience in branding and marketing.


N.B – This post has been published with approval from the author and changes has been made by DentalOrg.Com Editorial Head – Dr.Deb

An average life of your practice is 25-30 years.

It undergoes five different stages which are

Introduction

Growth

Maturity

Saturation

Decline

& all these stages have their own set of pros & cons.

Why is it important to know about the stages of dental career?

  • The beauty of your practice lifecycle is, unlike human lifecycle these stages can be reversed, delayed or avoided to a certain extent.
  • Understanding practice lifecycle gives you the orientation of Do’s & Don’ts of the respective stage.
  • It acts as a guide in strategic planning & building a successful practice.

Dental Practice Management

Are you already into professional practice?

Then this article will help you to identify which stage your practice is in?

Wait  ! Are you just about to start your practice?

Then also this article will tell you many points that you will learn before you jump into practice.

So, Let’s Start with the 1st Stage of Dental Career 

The introduction phase where a young dentist is entering into professional dentistry for the first time. He/she is full of doubts & fears. There is the fear of failure. There is the tension of the finance that has been invested in setting up the dental practice. There are many other stress points. But a young dentist who is starting his/her professional dental practice has to overcome these points. 

We will discuss these points about the

1st stage of dental career  (Introductory Phase) in the next slide.


Press Next →

to go to next slide

And know the 1st Stage of a Dental Career

The Introduction Phase




Real Time Web Analytics