In this article, I’m talking specifically to the dentists, the chiropractors, the veterinarians, the optometrists… all you doctors who own your own business. I’m going to call you the entrepreneurial doctor. You are smart; you have the vision and aspiration to grow a grandiose practice. BUT, you’re not very good at the business side for the most part… Sorry, just the fact.

One niche of small businesses that I often advise is an “entrepreneurial doctor”. Those are the doctors that work outside of a hospital and aren’t W2 employees. They own their practice and can be dentists, veterinarians, optometrist, etc. Before coming to us there are a variety of business mistakes doctors often make when it comes to the business side of their vocation. These guys are brilliant doctors with varying designations, however, most don’t earn MBA’s on top of that. Business is often not an easy model for these educated folks to understand. In my consulting with them I have seen many, but here are the top nine business mistakes doctors make in their business models.