It's the Economy, Stupid

Some of you may remember when Bill Clinton was running for President he ran on the platform of, “it’s the economy, stupid.” In that case he meant that the election would be won or lost based on the economy.

Today it is not the same old “it’s the economy, stupid.” The economy is decimating portfolios and stifling practice production. Implant surgeons who get up every morning thinking about the economy get up to play defense. All of their decisions are filtered through defensive decisions that typically lead to paralysis. Why focus on the things you can’t control? Instead, direct your energy where it can have the greatest impact—and that’s your practice!

Here is a powerful solution: do not participate in economic defense. Instead, you should begin every day by saying, “I am not playing defense against the economy today.” I know this sounds illogical, but in fact, it is a very logical tool to assist you in pushing your practice forward.

If you follow football, you know that you cannot come back from a 30 point deficit by playing really good defense. At some point you have to play offense, which is often your best defense.

Move your practice forward by making positive decisions. Otherwise you will find that you are paralyzed and ultimately paralysis leads to no decisions, which are the same as bad decisions.