Listen in to our first episode with Dr. Naved Fatmi, a dentist and entrepreneur, practicing in Florida. In this episode of #Dental Fuel, Dr. Fatmi shares his journey of scaling his dental practice from one to five locations . He discusses the importance of focusing on profitability and maximizing the potential of each chair , rather than simply increasing the number of practices. Dr. Fatmi also reflects on the mistake of trying to be a "SUPER GP" and emphasizes the importance of finding your niche in dentistry . He offers advice on how to choose the right procedures based on your interests and the demographics of your practice location.
About the Guest:
Dr. Naved Fatmi is a highly regarded dentist based in the southern area of Boca Raton, Florida. An alumnus of the University of Florida, graduating in 2009, Dr. Fatmi has a robust professional background in dentistry. He has successfully opened and managed multiple practices, growing his ventures to five practices, though he currently owns three. Alongside his role as a practicing dentist, Dr. Fatmi is involved in academia as a faculty member at Palm Beach State College and offers lectures at the University of Florida on the business aspects of dentistry. His commitment to his profession extended to serving on the board of the College of Dentistry, holding the position of chairman in the tenure from 2015 to 2025.
Episode Summary:
In this insightful episode of Dental Fuel, Dr. Tanya Sue Maestas engages in a rich conversation with Dr. Naved Fatmi, who brings a wealth of experience from the front lines of dental entrepreneurship. The episode delves into Dr. Fatmi's journey of expanding his dental practice endeavours, his strategies for sustainable business growth, and his deep-seated passion for providing exceptional patient care.
Dr. Fatmi shares the story of how he scaled his operations, originally growing to five dental practices, and then strategically narrowing down to three. Emphasizing the importance of chair profitability over the number of practices, he details his current operational setup which maximizes efficiency. He also discusses his clinical involvement, finding fulfillment in impactful patient transformations, and the significance of having specialists like endodontists and periodontists on his team. Throughout, the conversation is interspersed with valuable lessons on identifying and capitalizing on one's strengths within the dental profession.
Key Takeaways:
- Dr. Naved Fatmi has expanded his dental practice significantly since graduation, emphasizing chair profitability and efficiency over the sheer number of practices.
- Despite his extensive administrative responsibilities, Dr. Fatmi maintains a clinical presence, focusing on transformative patient care.
- Finding a niche and excelling in specific dental procedures can lead to better patient outcomes and a more successful practice.
- Dr. Fatmi encourages new dentists to learn broadly but also to be honest with themselves about which procedures they genuinely enjoy and excel at.
- There is great value in aligning dental services with the demographics and needs of the practice's locality, rather than merely following trends or personal interests.
Connect with Dr. Naved Fatmi: @drnavedfatmi
Connect with Ignitedds: @ignitedds
Connect with Tanya Sue Maestas: @tsmaestas.dds
