The FAKTR PodcastMarch 21, 202500:32:08

Episode 101 - Strategies and Tactics for a Successful Associate-Practice Owner Relationship, Part 1

Strategies and Tactics for a Successful Associate-Practice Owner Relationship Part 1 with Dr. Lisa Goodman

Navigating the relationship between a practice owner and an associate is one of the most crucial yet challenging aspects of running a successful healthcare practice. Whether you’re a new provider deciding between becoming an employee, an independent contractor, or starting your own practice—or a practice owner looking to hire and retain top talent—this episode is packed with valuable insights.

In Part 1 of this two-part series, Dr. Lisa Goodman shares her expertise on setting clear expectations, building trust, and creating a mutually beneficial relationship between associates and practice owners. If you’re looking for real-world strategies to grow your career or business without the common pitfalls, this episode is a must-listen.

Key Takeaways:

  • The pros and cons of becoming an associate, independent contractor, or practice owner.

  • What practice owners should consider before hiring an associate.

  • The most common mistakes in associate-practice owner relationships—and how to avoid them.

  • How to set clear expectations and create a win-win partnership.

  • Why trust, communication, and mentorship are the foundation of a successful practice.

💬 Have you ever worked as an associate or independent contractor and had a truly awful experience? Maybe you got burned on a contract, were overworked and underpaid, or dealt with a toxic work environment? Or… are you a practice owner with a hiring horror story? A new hire who turned into a total disaster? We’re collecting anonymous stories for an upcoming podcast episode. Drop yours here: Resources & Links

  • Learn more about FAKTR products and courses here

  • 📩 Have a topic or speaker you’d like us to feature next? Let us know

View the Full Transcript and Chat with our AI for Key Points and Take Aways

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