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A Dentist's Embezzlement Nightmare and Recovery with Josh Cochran
Manage episode 498231565 series 1820200
Embezzlement usually starts with someone “you’d never suspect.” Dr. Josh Cochran thought he was building a strong team after opening his practice, but the financials told a different story. In this episode, he shares why it took him so long to realize his employee was embezzling, the red flags he missed, and how he would do things differently today. Learn what systems to put in place to protect your business and the most effective way to prevent embezzlement in your practice!
Topics discussed in this episode:
- Two things you need to learn in your practice
- Dr. Cochran’s early mistakes
- Common red flags of embezzlement
- How he addressed the embezzlement in his practice
- Writing exercise for managing stress
- The emotional impact of embezzlement
- How to prevent embezzlement
Connect with Dr. Josh Cochran:
https://www.youtube.com/@TheDr.JoshCochranShow
Use the same marketing company as Dr. Etch!
Get your free demo with Relevance Marketing by Clicking Here
Take Control of Your Practice and Your Life
We help dentists take more time off while making more money through systematization, team empowerment, and creating leadership teams.
Ready to build a practice that works for you? Visit www.DentalPracticeHeroes.com to learn more.
Chapters
1. Embezzlement Warning Signs (00:00:00)
2. The Front Office Knowledge Gap (00:08:53)
3. Red Flags: Range Rover and Zero Income (00:15:29)
4. Breaking Down Stress and Taking Action (00:22:04)
5. Confronting the Embezzler (00:27:45)
6. Learning and Moving Forward (00:32:37)
602 episodes
Manage episode 498231565 series 1820200
Embezzlement usually starts with someone “you’d never suspect.” Dr. Josh Cochran thought he was building a strong team after opening his practice, but the financials told a different story. In this episode, he shares why it took him so long to realize his employee was embezzling, the red flags he missed, and how he would do things differently today. Learn what systems to put in place to protect your business and the most effective way to prevent embezzlement in your practice!
Topics discussed in this episode:
- Two things you need to learn in your practice
- Dr. Cochran’s early mistakes
- Common red flags of embezzlement
- How he addressed the embezzlement in his practice
- Writing exercise for managing stress
- The emotional impact of embezzlement
- How to prevent embezzlement
Connect with Dr. Josh Cochran:
https://www.youtube.com/@TheDr.JoshCochranShow
Use the same marketing company as Dr. Etch!
Get your free demo with Relevance Marketing by Clicking Here
Take Control of Your Practice and Your Life
We help dentists take more time off while making more money through systematization, team empowerment, and creating leadership teams.
Ready to build a practice that works for you? Visit www.DentalPracticeHeroes.com to learn more.
Chapters
1. Embezzlement Warning Signs (00:00:00)
2. The Front Office Knowledge Gap (00:08:53)
3. Red Flags: Range Rover and Zero Income (00:15:29)
4. Breaking Down Stress and Taking Action (00:22:04)
5. Confronting the Embezzler (00:27:45)
6. Learning and Moving Forward (00:32:37)
602 episodes
All episodes
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