.jpg)
The Orthopreneurs Podcast with Dr. Glenn Krieger
What does it mean to become an Orthopreneur? Hi there! My name is Dr. Glenn Krieger and I believe that in today’s competitive world, the orthodontic and dental communities should be collaborative. And I've created Orthopreneurs so that we can move towards that goal together. Orthodontists are smart people. You’ve accomplished a lot to get where you are, but chances are you never got a formal education in how to run the most effective and lowest stress practice possible. Don’t sweat it! Because we’ve got your back... Being an Orthopreneur means that you’re a part of a community. A community that brings peers together to become the best clinicians and the best business owners they can be. Becoming an Orthopreneurs means you never ever need to practice alone. Join the FREE Facebook group by simply applying:https://www.facebook.com/groups/OrthoPreneurs
The Orthopreneurs Podcast with Dr. Glenn Krieger
Save Big on Your Practice’s Supplies Without Changing a Thing w/ Darren Morris
A big part of practice success is keeping costs and expenses under control. If you don’t, they can eat into your margins and eventually hurt your bottom line.
In today’s episode, I am joined by Darren Morris, a cost-saving expert from Schooley Mitchell. They help businesses find significant savings from their existing vendor relationships.
We are not talking about just a few dollars here and there; we are looking at enough money to pay for vacation.
Most importantly, these savings on essential supplies and services will not compromise the quality of care. It’s not looking for the cheapest products but leveraging strategic negotiation tactics and market knowledge to optimize expenses.
Darren shared compelling examples of how Schooley Mitchell has helped orthodontic practices achieve substantial savings. Imagine saving 30% or more on brackets and wires or securing significant discounts on lab fees. These savings translate directly to a healthier bottom line for your practice.
Tune in to learn more!
Key Takeaways
Introduction (00:00)
Darren's background and career path (02:03)
Examples of cost savings in various sectors 05:38)
Leveraging vendor relationships (07:42)
Specific savings in orthodontics (10:01)
Schooley Mitchell's negotiation strategies (13:21)
Importance of asking the right questions in negotiations (18:07)
The role of data in vendor negotiations (22:55)
Schooley Mitchell's fee structure (33:59)
Additional Resources
- Schooley Mitchell Website: https://www.schooleymitchell.com/
- Darren Morris Email: darren.morris@schooleymitchell.com
- Register for the OrthoPreneurs Summit at Sea (2024): https://opsummitatsea.com/
- For more information, visit: https://orthopreneurs.com/
- Join our FREE Facebook group here: https://www.facebook.com/groups/OrthoPreneurs