Most dental and private practice owners start strong, building momentum as patients increase and revenues climb. But without a clear practice growth strategy, nearly every practice eventually hits a wall — a plateau. Collections flatten, expenses keep climbing, and suddenly what once felt successful now feels like struggle.
Jay Geier, founder of The Practice Growth Institute, addressed this head-on in a recent episode of the Private Practice Playbook. His message was clear: “You are either heading for a plateau, in a plateau, or just got out of one. Pretty much, that’s it.”
The solution? Stop thinking incrementally and start asking: What would it look like to 5X this area of my practice?
Why Practices Plateau
Jay explained that most doctors invest heavily in becoming excellent clinicians — as they should — but eventually reach a ceiling where professional skill alone won’t grow the business. At that point, rising expenses squeeze profits.
The American Dental Association’s Health Policy Institute confirms this trend: practice expenses have consistently outpaced revenue growth over the last decade, tightening margins across the industry (ADA HPI, 2023).
Without reinvestment — in facilities, team development, marketing, or new services — growth stalls. This is the plateau effect.
The 5X Framework
Instead of chasing small wins, Jay challenges practice owners to reframe their goals through the lens of exponential growth:
“If every time you think about anything, you apply the concept of this question — 5X. It just simply means moving things forward.”
Here are five areas where the 5X mindset can transform a plateau into momentum — along with practical context and examples.
1. Revenue & Profits
Most doctors dream of increasing revenue, but they think in terms of 5–10% gains. Jay flips the script: what would it take to multiply your revenue and profits by five?
- Example: If your practice collects $100,000/month, imagine designing systems to reach $500,000/month. That might require adding specialists, expanding hours, or layering in high-value procedures.
- Key Shift: Instead of cutting expenses, focus on expanding services and case acceptance. This allows revenue growth to outpace the rising cost of doing business.
2. Team Engagement
Your team’s energy directly impacts patient experience, treatment acceptance, and referral growth. Gallup research shows engaged teams boost profitability by 23% (Gallup, 2020).
- What 5X Looks Like: Moving from staff who “do their jobs” to a culture where every team member actively contributes ideas, takes ownership, and champions growth.
- Example: A front desk team that doesn’t just answer phones, but enthusiastically converts calls into new patient appointments — raising conversion rates from 30% to 90%.
3. Space & Capacity
Many practices lease or buy based on their current size, not their growth potential. Eventually, the walls themselves become the plateau.
- What 5X Looks Like: Planning for a facility that can handle five times more patient flow, whether that means additional operatories, technology integration, or even opening a second location.
- Example: A practice with three treatment rooms that consistently runs behind schedule could expand to six rooms, enabling 5X daily patient volume without burning out the team.
4. Delegation & Systems
Doctors often carry the burden of every decision, slowing growth and creating bottlenecks. To scale, responsibilities must multiply across the team.
- What 5X Looks Like: Training, empowering, and trusting your team to handle systems, patient follow-up, and even parts of case presentation — so you can focus on high-value clinical and leadership work.
- Example: Instead of the doctor handling all treatment plan discussions, well-trained coordinators present cases, follow up, and close — boosting acceptance rates while freeing the doctor’s chair time.
5. Marketing Touches
Many practices rely on word of mouth or occasional ads. Jay emphasizes the need to multiply the frequency and consistency of outreach.
- What 5X Looks Like: Increasing marketing impressions from a few sporadic ads to a multi-channel presence (Google Ads, social, email campaigns, referral programs, and community events).
- Example: A practice that currently runs two ad campaigns a year might shift to 10–12 targeted campaigns with monthly patient newsletters and referral incentives, resulting in a steady flow of qualified new patients.
Why Austerity Fails
Some owners respond to rising expenses by tightening the belt. Jay warns against this:
“The idea of growth by austerity, which is penny pinching, really does not work. Your team is going to be like jumping off the ship when your answer to everything is, ‘we can’t afford it.’”
Third-party research backs him up. A Harvard Business Review study found companies that cut costs aggressively during downturns were less likely to outperform competitors when growth returned. Those that combined strategic cost management with bold investment in growth initiatives fared far better (HBR, 2010).
Becoming an Advancing Person
At the heart of the 5X philosophy is mindset. Jay draws from The Science of Getting Rich, encouraging doctors to be “advancing people” — leaders who continuously grow, invest, and attract opportunity.
As he put it:
“When you commit to something, what ends up happening? It happens. It’s the craziest thing, like a universal truth.”
This clarity eliminates confusion. When growth is the commitment, decisions become straightforward.
Breakthrough a Plateau with our 5X Practice Growth Strategy
The truth is simple: expenses will keep rising, plateaus will keep appearing, and only those who commit to growth will break through. If you’re ready to see what 5X growth looks like in your practice, The Practice Growth Institute can help.
👉 Schedule a Practice Growth Discovery Call today and start designing your path out of the plateau.
References
- American Dental Association Health Policy Institute. Dental Practice Trends. 2023.
- Gallup. Employee Engagement and Profitability. 2020.
- Harvard Business Review. Roaring Out of Recession. 2010.
- Jay Geier, Private Practice Playbook Podcast, Ep. 59: “The Five Acts.” Transcript, Sept 2025.