Business stress in dentistry

I had a conversation with a first year dental student over the weekend. Her dental education is preparing her for a life of clinical excellence, which is good for patients. But her dental education (perhaps not deliberately) is also sending her signals that dental practice ownership can be a stressful and sometimes overwhelming endeavor, which is not good for anyone.

Her response to the stress of private practice, “Screw this. I’m just going to hire you Greg.” Of course that was music to my ears. But the comment made me wonder why so many dentists choose a go it alone route on the business side of dentistry – an area of expertise completely distinct from their clinical training. Not only is stress at stake, but millions of dollars over the career of the dentist.

A few dentists grow a passion for and expertise in the business side of dentistry. I commend these dentists. But for others the business stuff seems to be a nuisance that just comes with the “freedom” of owning a practice.

Any insight from readers is welcome.