Ep. 185: When to Walk Away - Escaping the Sunk Cost Trap

Have you ever hung onto something way too long, not because it’s working out, but because you’ve already spent too much time, or money, on it? In this week’s episode, Jeff discusses when to determine the right time to walk away from something; whether it be an employee that isn’t working out, a campaign, or maybe even a patient. Tune in for some helpful insights to better your practice!    MGE Power Program - https://www.mgeonline.com/power-program 

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Want a treatment plan for immediate practice growth and better profitability? Want actions you can do right now to raise collections, operate more efficiently, build a reliable team, see more high-quality new patients, and take home a bigger profit? In the Dental Business Rx Podcast, we get right down to business with actionable tips and tools you can start using today. Your host, Jeff Blumberg, will lay out many of the core concepts that MGE: Management Experts’ clients have used to create some of the most productive and profitable practices in the US and Canada, and you’ll also be hearing from other MGE consultants and successful dentist clients to share their secrets for success. Start listening and let’s create practice success in 30 minutes or less!