What happens when a Royal Marine Commando dentist who spent six months being ambushed on every patrol in Helmand Province turns his hand to building dental businesses?
You get Mike Hesketh: serial practice owner, consultant, and one of the more quietly formidable figures in UK dentistry. In this episode, Payman sits down with Mike to trace a story that runs from a North Wales council estate and the loss of his father at eight years old, through the front lines of Afghanistan, to a 10x practice exit and the creation of Dartmoor Dental — a 200-year-old manor house turned thriving, NHS-inclusive, ten-surgery practice.
Mike talks with real candour about the four pillars he uses to build and consult on dental businesses, why he treats his NHS contract as a social obligation rather than a commercial one, and how the Royal Marines’ mantra ‘cheerfulness in the face of adversity’ translates surprisingly well to practice ownership.
In This Episode
00:02:00 — Growing up in North Wales; losing his father at eight
00:07:40 — Deploying to Helmand Province with 40 Commando Royal Marines
00:12:05 — Leaving the military; getting ripped off on day one as a civilian dentist
00:13:05 — Buying his first practice with £20,000 and a devil-may-care attitude
00:51:35 — Selling Exeter and the year-long family world trip
00:54:25 — Laura and the brand; how Dartmoor grew from £700K to £2.5M
00:56:00 — The NHS contract as a social obligation
01:07:40 — Barriers to entry, squat risks, and buying underperforming practices
01:19:00 — Appointing the youngest clinician as clinical lead
01:27:00 — Military-derived leadership principles; letting the ship sail without you
01:33:15 — Fee guides as windows to the soul
01:39:55 — The four pillars: leadership, infrastructure, branding, financial command and control
01:53:35 — Darkest days in business
01:57:30 — KPIs: one metric, embed the culture, then move on
02:11:55 — Fantasy dinner party
About Mike Hesketh
Mike Hesketh is a practice owner, dental business consultant, and founder of Hesketh Healthcare Accounting. He qualified as a dentist whilst serving as an officer with 40 Commando Royal Marines, completing the commando course and deploying to Helmand Province, Afghanistan. After leaving the military, he built and sold Exeter Dental Centre before buying and transforming Dartmoor Dental — a ten-surgery practice in Tavistock — from a £700K turnover to £2.5M in three years. Mike holds an MBA and a coaching qualification from Henley Business School, and works with a small number of practices on a bespoke, year-long consultancy basis.
[VOICE]: This [00:00:05] is Dental Leaders. The podcast where you get to go [00:00:10] one on one with emerging leaders in dentistry. Your [00:00:15] hosts Payman Langroudi and Prav Solanki. [00:00:20]
Payman Langroudi: This podcast comes to you from Enlighten Enlightens, an advanced [00:00:25] teeth whitening system that guarantees results on every single patient. We’ve treated hundreds [00:00:30] of thousands of patients now and have a really clear understanding of what it takes to get every [00:00:35] patient to that delighted state that we want to get to. If you want to understand teeth whitening [00:00:40] in much further detail, join us for online training only takes an hour completely free. [00:00:45] Even if you never use enlighten as a whitening system, you’ll learn loads and loads about whitening, [00:00:50] how to talk about it, how to involve your teams. Join us enlighten online training comm. [00:00:55] It gives me great pleasure to welcome Mike Hesketh onto the podcast. Mike is [00:01:00] a serial practice owner with a history in the military. Um, [00:01:05] a brilliant story. And the reason why I ask you, Mike, [00:01:10] is because some of my favourite interviews have been with people who are your [00:01:15] clients, and, um, clearly there’s something, something you figured out. [00:01:20] Um, I’ve listened to your other podcasts, and I actually [00:01:25] recommend that, um, my favourite one was when you did with Amon. Um.
Mike Hesketh: Yeah. [00:01:30] Amon up in Leeds.
Payman Langroudi: Yeah, yeah, yeah, that was lovely. And I don’t think he’s doing that [00:01:35] podcast anymore, but it’s still it’s still there. It’s called Dentistry Unmasked.
Mike Hesketh: Yeah it is. There is another one from [00:01:40] America called Dentistry Unmasked. So I don’t know if it was something to do with that.
Payman Langroudi: Oh really?
Mike Hesketh: We haven’t really talked about it since, but there [00:01:45] was a bit of a clash of, uh.
Payman Langroudi: A brilliant episode. A brilliant, brilliant episode. Listen [00:01:50] to that last. I really enjoyed that very much. Um, I don’t mind repeating some of the ground, but [00:01:55] at the same time, um, just for my own curiosity. I go go to other places too. Please [00:02:00] do, please do. You were born and brought up. Where?
Mike Hesketh: In North [00:02:05] Wales. So. Yeah. So until I was 18, I didn’t know which way England was. I [00:02:10] was so, like, entrenched in North Wales.
Payman Langroudi: A tiny place.
Mike Hesketh: Yeah. A little seaside town about [00:02:15] half an hour from Liverpool. So I’m a Liverpool football fan. Um, grew up in a large state [00:02:20] school playing football, um, and enjoying that very much. And then at 16, [00:02:25] I won a scholarship for a really fancy private school down the road, which was all about rugby, [00:02:30] Welsh rugby. And so for my A-levels, I went to a private school on a scholarship for sciences [00:02:35] and sport and um, yeah, really enjoyed it. Opened my eyes to sort of [00:02:40] what the rest of the world was like, but I was actually arrested three times when I was 16.
Payman Langroudi: Really?
Mike Hesketh: Yeah. [00:02:45] It was. Yeah, yeah.
Payman Langroudi: Nice.
Mike Hesketh: Well, 14, 15, 16. I don’t I don’t think [00:02:50] my parents thought it was very nice, but, um. Yeah. So, uh, yeah, just for three sort [00:02:55] of minor incidents. Um, it was it was, I think is the biggest state school in Wales that was [00:03:00] in and I was the captain of the football team. And I could have gone both ways, really, um, as [00:03:05] a sporty lad. And a few of my mates have gone the wrong way as they do, and one of them played for Liverpool. Um, [00:03:10] actually scored in the cup and, and has just got out of prison. Um, so yeah [00:03:15] there’s, there’s interesting stories but you know like everyone um, normal state school um, I [00:03:20] was good at sciences and I managed to get quite a few A’s, which is interesting because [00:03:25] my 13 year old daughter is asking me about that now, and I don’t know how it equates to nine sevens [00:03:30] and eights. I don’t know how. How old are your children?
Payman Langroudi: Yeah, 18 and 15.
Mike Hesketh: Yeah, yeah. So [00:03:35] in the new language it’s nine seven and eights and sixes. And I said, well, I don’t know what I got darling, but it was six [00:03:40] A’s and I don’t know how I did it, to be honest. Um.
Payman Langroudi: And unfortunately, your father passed [00:03:45] away in a car crash when you were eight.
Mike Hesketh: Yeah. He did, he did? Yeah. So my brother was ten [00:03:50] and I was eight, and my mum, um, got a knock on the door in the middle of the night [00:03:55] from a policeman. I was in the middle of night. It was a couple of hours later. He used to do the three ring [00:04:00] thing, and he was working up in Broughton, where the aerospace makes wings for planes, [00:04:05] and he was a local manager, and he was driving along the coast road of North Wales, back to where [00:04:10] we lived. And unfortunately, someone pulled out on him out of a pub, um, and luckily [00:04:15] there was a taxi driver behind who who witnessed it all. And, uh, it [00:04:20] took 2 or 3 years, but I remember feeling very vulnerable at the time. Um, [00:04:25] I don’t think I was, you know, my grandparents were in the same town and both sets, and [00:04:30] my mum was very strong. She immediately became a father and a mother at the same time. So she became a ninja [00:04:35] mum. Two boys, both sporty. Um.
Payman Langroudi: But when your own [00:04:40] kids got to eight, you must have reflected on that.
Mike Hesketh: Yeah. Horrendous, really. [00:04:45] And I think there was a moment where all the businesses were quite hard a couple of years ago, and [00:04:50] it was full on. And, you know, as an entrepreneur yourself, how hard and all encompassing the 360 [00:04:55] degree pressure you can have from business. And I looked at my boy in a little Welsh shirt and he was eight, [00:05:00] and I thought, oh, Jesus, you know, reminded me of me, um, back in the day. Um, [00:05:05] and so, yeah, it does, it does. It becomes much more real. You don’t realise [00:05:10] what you missed out. I felt like I had a pretty happy childhood, really. And other than this big sort of. [00:05:15]
Payman Langroudi: Event.
Mike Hesketh: Event in the middle of it. But everyone rallied round. He was a rugby player, um, [00:05:20] the local rugby club. So all his friends got around us and, um, [00:05:25] you know, my mum, um, eventually 4 or 5 years later, married his old best friend. So [00:05:30] that was quite nice. It was a continuity of stories and, um, you know, [00:05:35] um, sort of history. Um, but it’s only now when I get to sort of mid 40s [00:05:40] that I think, oh, that was probably more traumatic than I thought it was. [00:05:45]
Payman Langroudi: Do you think that was formative in terms of, I mean, positives and negatives? Did you [00:05:50] find out? Did you find that now, when you reflect back on it, that you have a sort of a level of [00:05:55] self-reliance or something that.
Mike Hesketh: Yeah, I remember playing football a lot in sports. [00:06:00] Bricks in my shoes falling apart. And I went home and my mom was like, well, [00:06:05] we can’t buy any more shoes now. I don’t know whether that was just me being a plonker or whether [00:06:10] we could actually not afford any shoes. I remember the insurance didn’t pay out for 2 or 3 years, so [00:06:15] I don’t want to, you know, you made from your history, everyone on [00:06:20] the podcast and everyone you see, you know, is formed from a certain way. Um, it’s [00:06:25] there is a self-reliance. I remember thinking, I don’t want to be poor. I remember thinking, I’m [00:06:30] getting out of here, I’m getting out. And and maybe that was it. At 15, 16, [00:06:35] I was playing county level football, having a few trials, um, [00:06:40] starting to get good at things for the first time, get good at sciences at [00:06:45] school, enjoying it, um, wanting to do well, So I suspect probably it did [00:06:50] drive me on to actually. Think I don’t want to be vulnerable.
Payman Langroudi: Because in retrospect, you think someone [00:06:55] who went through that whole military experience and the leadership training and all that, [00:07:00] it makes a lot of sense for that person to go out into the commercial world and sort of transferable [00:07:05] skills. But not every soldier does that, right? No. And so, [00:07:10] you know, that question of, you know, wanting to be comfortable kind of what you’re alluding to right now. Yeah, [00:07:15] maybe maybe that I mean, what is the difference between a soldier that comes out of a [00:07:20] sort of a difficult, engaged war situation [00:07:25] and we hear stories of soldiers who are homeless and and PTSD [00:07:30] and all that. Yeah. And then you get other soldiers who, you know, use that and propel themselves [00:07:35] through the business world. Oh.
Mike Hesketh: That’s a it’s a sort of a deep question [00:07:40] that in a way, um, I didn’t feel any trauma from Afghanistan. [00:07:45]
Payman Langroudi: Did you know.
Mike Hesketh: At the time. And I think that’s again mid 40s. You start to think [00:07:50] back and go, geez, I dream about it now. I dream about the explosions, the gunshots more than I ever [00:07:55] did 15 years ago.
Payman Langroudi: Really?
Mike Hesketh: Yeah. I think about it, compartmentalised it a little bit. And [00:08:00] I when I finished my tour, sort of 6 or 7 month tour of Afghanistan, [00:08:05] I was in Helmand and it was the most dangerous place on the planet at the time around Sangin [00:08:10] and Helmand Valley, and I was embedded as a dentist with 40 Commando, Royal [00:08:15] Marines. And so I’ve got lots of war stories. Basically, the first [00:08:20] three months was the worst three months of my life, but I was in the hospital. I was in the main hospital [00:08:25] as a dentist during the day, and as people were blown up and injured, they’d come back on the helicopter to [00:08:30] this hospital and they’d stand at the bottom of the beds because all the doctors, the [00:08:35] padre, the medics were all further forward, keeping the lads alive to get them on the helicopter. [00:08:40] And then, because I’d been embedded with the Royal Marine unit for 3 or 4 years prior to deploying, [00:08:45] I knew everyone, so my patient base was 7800 Royal Marine commandos, Mega [00:08:50] fit individuals, alpha males all the way. Mission is to close with and to kill the [00:08:55] enemy. That’s it. As brutal as it sounds, that’s exactly what the mission is. To close [00:09:00] within. To kill the enemy. The chosen enemy at the time. And so [00:09:05] my job was to be a dentist within that. But I’d done the commando course so I could keep up with them. [00:09:10] And I’d also done a medics course, and we could talk about that more later. But [00:09:15] to answer your question about the trauma of it, I’d gone through three months of standing at the end of the beds of my friends [00:09:20] with lost limbs, horrific injuries, my friend like literally [00:09:25] my mates.
Mike Hesketh: Um, and then I’d go. I’d walk along to the, uh, joint [00:09:30] operations cell, and at 8:00 at night, every night there’d be a brief. There’d be 50 men, [00:09:35] hard men in the room making decisions about the thousand men further [00:09:40] forward. And I’d do a brief every night and I’d talk. I’d say, right, marine [00:09:45] X is going to end up in hospital within two hours. He’s lost one [00:09:50] limb and another limb. Um, the questions would always be from the lads at the [00:09:55] front. Has he still got his tackle as he’s still got his private parts? That’s all the lads asked about. [00:10:00] Um. And then I’d do, I’d keep the spreadsheet and then that [00:10:05] was my data. And I did that for three months. And then it was almost a relief when the commanding [00:10:10] officer said, look, we’ve hit Christmas time halfway through the tour. We need to do some hearts and minds. [00:10:15] And because you’ve done the medic training and because we trust you, your [00:10:20] lead a team on the ground and you’ll go to the forward operating bases where all these soldiers [00:10:25] have been injured, and you’ll take a team forward and you’ll try and do hearts and minds from a medical [00:10:30] shuras meet the local chiefs, um, take female medics, [00:10:35] Gurkha engineers, and they’ll be your team, and you’ll be officer in command of outreach. And [00:10:40] then, in a weird way, those three months felt better. It felt better to be in [00:10:45] the fight because unfortunately, every time we went out the gate, we got [00:10:50] shot at or blown up. For every patrol, every every patrol was ambushed. [00:10:55] I don’t remember a patrol that wasn’t. And that went on for three months.
Payman Langroudi: Wow.
Mike Hesketh: Yeah. [00:11:00] And so I was a medic. So the dentist kit, I took an American piece of kit the [00:11:05] size of a suitcase, and I became a dentist for the lads because they were living out in these austere [00:11:10] environments. They had dental injuries, and the aim was to keep the force forward. So they. I’d be a dentist, [00:11:15] outreach and a medic. So three different jobs. And it’s varied. And [00:11:20] I did this three months. Ended up um, putting a lot of guys on [00:11:25] the helicopter as opposed to meeting them off the helicopter and, um, put in intraosseous, [00:11:30] um, fluids into them, um, eyes, abdomen wounds, limbs [00:11:35] lost, stretcher bearing, um, getting the rounds down, [00:11:40] firing at the enemy, and, um. Yeah. So the last [00:11:45] three months were sort of full on, but I remember flying back to the UK and, [00:11:50] uh, within a week after coming off the battlefield, I [00:11:55] was stood in a hospital in Portsmouth as a maxfax sho doing head and neck cancer. [00:12:00] And so, to answer your question about business, from that experience, I [00:12:05] think there was a little bit about me where I’d just gone straight from the military, uh, war zone, [00:12:10] a year of Maxfax I knew I was leaving, Laura was pregnant with Poppy, [00:12:15] our daughter, and I just wanted to get on and control the money. And [00:12:20] we got ripped off in north London, uh, by a Dental corporate owner, a small independent, [00:12:25] and, uh, didn’t pay us at all. I did two, three months worth of work, and he said, oh, that’s all retainer. [00:12:30]
Payman Langroudi: Was that your first time?
Mike Hesketh: My first experience. Yeah. Yeah. And I was 30, so I never [00:12:35] did NHS.
Payman Langroudi: So you were kind of Institutionalised up to that point.
Mike Hesketh: Exactly. Yeah. And I [00:12:40] said to my wife, I came home and I said, we just need to control the money. This civilian world is brutal.
Payman Langroudi: It [00:12:45] is. Right.
Mike Hesketh: Yeah. Yeah, yeah. It’s it’s. And when I say 360 degree pressure, I [00:12:50] mean, when you wear a uniform in a war zone, you had a 360 degree battle space. But [00:12:55] your job is very defined. Defined job. Whereas as you know, as an entrepreneur, your [00:13:00] jobs change all the time, really rapidly. And in a way, it’s a completely different set of pressure. But [00:13:05] I almost didn’t care. I had a bit of a devil may care attitude. We had £20,000 [00:13:10] saving age 30, didn’t have any equity in the house because it was after the financial crash. The house price [00:13:15] that we’d bought in the military had plummeted. So I had no money. And I said to my wife, look, what [00:13:20] can they do? They can take a house with no equity offers. We’ve only got 20 grand. Let’s have a crack at it. Let’s just [00:13:25] buy something. And I we this house was down in South West, [00:13:30] so we just bought it near Exeter before.
Payman Langroudi: Before you go any further, just. I know as [00:13:35] a soldier, as a as a sort of someone in the middle of a war zone. You [00:13:40] wouldn’t be a very good soldier if you questioned it. That’s that’s not that’s not what you [00:13:45] want from your soldiers. Right. But now 40, 40 years old, when you question [00:13:50] it, when you think about it.
Mike Hesketh: Yeah.
Payman Langroudi: Two questions. Really. Was there [00:13:55] some times where you thought you were being asked to do things that that, you know, [00:14:00] it wasn’t correct. It wasn’t. I’m not I’m not saying from the from the geopolitical perspective, [00:14:05] I’m saying there’s a mission. And you didn’t have the resources for that mission. I’m under-resourced, [00:14:10] that sort of thing.
Mike Hesketh: Yeah. Yeah. I mean, my honest opinion, I think that [00:14:15] they they took they threw about a fifth of the resources needed at Afghanistan, the Helmand [00:14:20] Valley itself. If you look at what the US Marines took to their areas and [00:14:25] to dominate the ground, it’s called against the Taliban. Okay. And we weren’t fighting Afghans. We’re fighting Taliban. [00:14:30] Okay. And there was a lot of civilian Afghans not interested in fighting whatsoever. [00:14:35] They were the ones who have insurance with and trying to bring some order. Educated. Really well educated. [00:14:40] Um, there was a lot of moments where both locally, on a tactical [00:14:45] level and on a strategic level where you question it and you think, right, okay. [00:14:50] I mean, I could tell you so many horrific stories about, uh, people [00:14:55] under pressure in a, in a war zone and fighting, um, that [00:15:00] men it’s very easy to see with hindsight and from a distance in the newspapers. [00:15:05] Well, why did they do that? Yeah. Well, if every two days you’re [00:15:10] 18, 19, 20 years old, you’re going to get shot at and bombed, and then your best friend gets hurt [00:15:15] or killed. There there were men in front of me in lines [00:15:20] that started to lose it because of the constant gun fighting. [00:15:25] And we’d cover ground, drive the enemy away, find a bomb maker, [00:15:30] come back to the base, and then they’d re-infiltrate that ground and drop and put mines in the place [00:15:35] where we’d walked the day before. Well, yeah. And so there wasn’t.
Payman Langroudi: You were under-resourced [00:15:40] to that extent. Right.
Mike Hesketh: Yeah. So my feeling is it became a training exercise in a tick [00:15:45] box for the British government. My feeling strategically. And I’m happy to talk about that. It doesn’t [00:15:50] I mean, I was a dentist in the commando unit. I’m not the most you know, I wasn’t the guy driving policy. But [00:15:55] if they wanted to achieve what they wanted to achieve, they needed to put five times as much resources into it. But it became [00:16:00] the losses were too big. Um, you know, and two [00:16:05] high profile that they almost by not risking any more, [00:16:10] they put us all at risk by under-resourcing us. And if you’d lost someone from the [00:16:15] front line with a dental injury. Now the men move in groups of four. So for [00:16:20] eight, if you lost one of those four, you’d lose. You [00:16:25] know, a quarter of your your gunfire, your firepower. And so that’s why the armed Forces [00:16:30] Dental service exists because in the First World War they lost 15 to 20% of [00:16:35] their of their firepower due to dental injuries in trenches.
Payman Langroudi: So isn’t [00:16:40] caries like.
Mike Hesketh: The decay and.
Payman Langroudi: Disease injuries? Gunshots to the mouth?
Mike Hesketh: I mean, if [00:16:45] you think about it, they were they were living there for two years. We were living there for seven months.
Payman Langroudi: Yeah.
Mike Hesketh: Yeah, yeah. Um, and [00:16:50] these forward operating bases, if you think about them as satellites around the [00:16:55] sun, the sun was sank in, and then we were protecting this residential area. And [00:17:00] these satellites. Now, to get in and out of those satellites was a helicopter, hopefully [00:17:05] because you wanted to avoid road moves all the time because you’d either run over a legacy Russian mine from the mujahideen [00:17:10] time or you’d have to, um, you know, hit an [00:17:15] ambush with the Taliban. They’d know we’d come in. We were coming. And so these [00:17:20] satellite units were super dangerous. And all my job was for three months was to pop between [00:17:25] each of them, a couple of weeks in, each, trying to bring hearts and minds. But it’s so dangerous that [00:17:30] you didn’t want to, uh, you know, go on the ground as much, as much as possible, [00:17:35] basically.
Payman Langroudi: And I know you said they’re the enemy, right? But did you ever look at it from their perspective? Like, do you ever [00:17:40] think about what if a bunch of Russian soldiers landed in Cornwall? And would you be [00:17:45] the one to resist that?
Mike Hesketh: Yeah. You do. Yeah. Yeah you do. And every time. But [00:17:50] you come back to your original question, you don’t. Um, it’s a funny thing, you know, [00:17:55] you have to have some faith in your government.
Payman Langroudi: Yeah.
Mike Hesketh: To make a decision about where you’re [00:18:00] going to go. And at any one time, the the UK Armed forces is deployed around the [00:18:05] world doing all sorts of things that no one. That just doesn’t make the news. Some of it good, some of it bad. [00:18:10] And you can. It’s easy to be sceptical and cynical about [00:18:15] the efforts. It’s, uh, at the time you’re you’re [00:18:20] trying to survive with your mates. And I think as a marine or a soldier on the ground or a sailor, [00:18:25] you’re just trying to survive with your mates and you sign up to something. I [00:18:30] did see moments where there was a lot of, uh, [00:18:35] British, um, restraint trying [00:18:40] to stop other countries from being too aggressive.
Payman Langroudi: Americans? [00:18:45] Yeah, I said that to you.
Mike Hesketh: Yeah, but, I mean, [00:18:50] um, modus operandi is, you know, the Americans is very aggressive, very aggressive, whereas [00:18:55] we wear a lot of berets, we are much calmer. You don’t hear any shouting [00:19:00] at all from UK armed forces in a, in a in a war zone. It’s, uh, [00:19:05] it’s calm.
Payman Langroudi: And then the training to become this sort of elite [00:19:10] soldier.
Mike Hesketh: Yeah.
Payman Langroudi: I suspect right. There’s loads of physical training. [00:19:15] Right.
Mike Hesketh: It’s mental.
Payman Langroudi: But mental. Yeah. That’s where I was going to go.
Mike Hesketh: Yeah, yeah. You’re right. [00:19:20] I mean, it’s, uh, it’s mental. All shapes and sizes. It’s whether you can keep going. So, they [00:19:25] have this line. It’s called Strength of Mind. And they had an awful marketing campaign [00:19:30] which was 99.99%. Need not apply.
Payman Langroudi: Well. Jesus. [00:19:35]
Mike Hesketh: Yeah, yeah. So my brother and his best friend were in, [00:19:40] um. My brother was with Royal Marine Reserves, Merseyside, and his best friend was SBS. And [00:19:45] they used to, you know, come back home and talk about it. And I think this SBS [00:19:50] chap said.
Payman Langroudi: What’s a special boat.
Mike Hesketh: Special boat service. Yeah. So the.
Payman Langroudi: Sas for the.
Mike Hesketh: Navy SBS.
Payman Langroudi: Yeah. Of [00:19:55] the Navy.
Mike Hesketh: Uh, yeah. Yeah. They’re combined.
Payman Langroudi: Yeah yeah.
Mike Hesketh: Yeah yeah. So based [00:20:00] out of Poole and so they go, UK Special Forces training is one year long and the first three [00:20:05] months is the Hills training, and the second three months is jungle training. And then you do the remaining [00:20:10] six months speciality training with the SAS or SBS. That’s how it used to be. I don’t know what [00:20:15] it is now. I haven’t read up on it, but yeah, they used to talk about it and they and this, this friend of [00:20:20] ours said I think one of each of the three Commando units based in [00:20:25] Somerset, Plymouth and Arbroath in Scotland. I think they’ve all got their own dentist. Um, [00:20:30] and I was 21 years old at Leeds Uni and I said, [00:20:35] okay, what’s that about? And he said, well, I think they get to do the commando course. And [00:20:40] about um, about a month later a recruiter came to [00:20:45] Leeds Uni and I met him and I said, how do I join? And you do an Admiralty [00:20:50] interview board down in Portsmouth, and you learn and you pass as an officer, as a general [00:20:55] officer, and medics and dentists do quite well in that because we’re quite logical, [00:21:00] we’re scientific and we’ve often done sports captains of sports teams.
Mike Hesketh: And [00:21:05] so they give you a point score out of 900. And the medics and dentists do quite well against normal, [00:21:10] uh, Royal Navy officers. But I was always earmarked and pinged to [00:21:15] be a commando dentist even from that point. And you get [00:21:20] put in a commando unit for 3 to 4 years as a dentist, which is a long time for [00:21:25] a normal military posting. And so they pinged me for that as I passed the Admiralty Interview [00:21:30] Board. And then as soon as I’d done my vocational training year in, in Gibraltar [00:21:35] and down in Portsmouth, they said, right, you’re off to 40 Commando. And then [00:21:40] when you’re there, you get loaded on a course called the All Arms Commando Course. And that All Arms Commando [00:21:45] course is where you physically get thrashed and you’re and it’s designed [00:21:50] to break you essentially. A lot of soldiers, sailors, airmen will [00:21:55] do that course before they go and try the year long special forces training. So I was in there [00:22:00] on my course. Do you ever watch 14 Peaks on Netflix?
Payman Langroudi: I heard it’s a mountain [00:22:05] climbing thing. Yeah, I’ve seen it. Yeah.
Mike Hesketh: Did that. He was a Gurkha. Um, Ant [00:22:10] Middleton from SAS Who Dares Wins? Um, he taught me to soldier [00:22:15] in the Congo, in Sierra Leone. Um, sorry. In Sierra Leone, not in the Congo. We hid off the coast [00:22:20] of the Congo for three months. Once. That’s another story.
Payman Langroudi: So being a Royal Marines dentist [00:22:25] basically means you get involved in stuff that they’re doing, which by its very nature is more dangerous, [00:22:30] more exciting, whatever. Yeah.
Mike Hesketh: And I think that’s what I wanted. I qualified it and [00:22:35] I was 18 when I went to Leeds, and I just turned 18 in the summer. So I qualified at 22. [00:22:40] But at 22 and one month I was in, I was down in Portsmouth because they were [00:22:45] paying me. They paid me for the last two years of uni and then they put me straight through all of the courses. [00:22:50] Royal College in Edinburgh, Royal College in London, Maxfax so it’s a great [00:22:55] employer as a dentist, but your patient base is very limited. You spend about half your time being a dentist [00:23:00] on very easy patients, um, who are compliant and [00:23:05] fit and well, and then you spend half your time doing officer things or [00:23:10] atls advanced trauma life support courses, but you do battlefield versions [00:23:15] where the mechanism of injury is blast injury or gunshot wounds as opposed to road traffic. Yeah [00:23:20] yeah yeah yeah. So you you do those courses to, um, get better at medicine, [00:23:25] but it’s the only course we’ve ever come to us because I was against Marines.
Payman Langroudi: So. [00:23:30] Yeah. You had a better.
Mike Hesketh: Medical course I ever came.
Payman Langroudi: Yeah. So [00:23:35] then, okay, you come out, you decide. How many years would you. Were you contracted to stay?
Mike Hesketh: Seven [00:23:40] years. But I did eight. So age 22 to 30. And then I left in 2012.
Payman Langroudi: So [00:23:45] you literally couldn’t leave before that, right. Is that the.
Mike Hesketh: Way it works? Well, I think you paid back some of the money you paid at uni. [00:23:50] Okay. I mean, there were people that sort of got around that I think, who didn’t want to be. But, um, [00:23:55] you asked before about the All Arms Commando course. Yeah. Half will [00:24:00] pass, half will fail, and it’s an eight week course as opposed to 30 weeks to get [00:24:05] your Green Beret if you come off the street because we were trained officers, you do eight weeks and you do each [00:24:10] of the criteria tests each week. And I used to tell myself stories, books in [00:24:15] my head on the marches, because the marches can get bleak. Yeah, it can be horizontal [00:24:20] snow, rain, wind, um, on Sennybridge or Dartmoor. And [00:24:25] you sleep outside for two weeks, essentially. And you soldier and you. And then you have to do all [00:24:30] the sentry duty. It’s wet, wet, dry routine where you put wet clothes on at night, um, and [00:24:35] get into your. And then you get into your dry clothes. It’s all about discipline and it breaks and [00:24:40] it’s all men, really. There’s there has been 2 or 3 women that have got through it, [00:24:45] um, over the recent history, um, which is amazing. Um, because it’s just [00:24:50] so physically and debilitating. Um, but yeah, [00:24:55] so but the mental thing is keeping going and telling yourself stories and being able to switch off to the pain. [00:25:00] Um, and then at the end of the 30 miler, which is a race across Dartmoor, essentially [00:25:05] carrying loads of weight, you, um, all of the recruiters come along. So [00:25:10] all of the Special forces come along, recruiters, and they start talking to you as you’re come in off the 30 mile, [00:25:15] and they want to know whether you’re a diver, whether you’re an airman, what’s your background? I had a chat with [00:25:20] one chap and he said, well, I was a dentist. I don’t think you need to be joining the Special Forces. [00:25:25] He’s like, what are you doing here? I was.
Payman Langroudi: Like. [00:25:30]
Mike Hesketh: I don’t know, I’m on. I was on a six figure salary line in the stream. I have no idea. But, [00:25:35] you know, when you’re just like, well, I’m going to I’m going to get the coveted Green Beret. So it was I mean, there was. [00:25:40]
Payman Langroudi: A degree of obsession, right? To succeed at that.
Mike Hesketh: Yeah. I mean, it’s [00:25:45] trying to keep up with your peers. You know, you’re in the unit and there’s 700 Green Berets, and there’s only four blue [00:25:50] ones. The padre, the doctor, the education officer and the dentist. I used to I used to say we used to double the IQ [00:25:55] of the unit. And then when the under-slung loads came in from the Chinook helicopter, [00:26:00] the food in the forward operating bases, they’d go, Dental, it’s your paycheque. They’d [00:26:05] be taking the mick out of me.
Payman Langroudi: So do you reckon you’ve got a sort of an obsessive [00:26:10] personality? I mean, did it carry through?
Mike Hesketh: I want [00:26:15] to complete things that I start. Yeah. And I want to, um. There’s a saying in the Marines, it [00:26:20] pays to be a winner. And they’d see a tree on the hill and they’d say, run to that tree and back, [00:26:25] and all of you would run there, and the first two could stop and sit out the next bit. [00:26:30] Oh, yeah. And it pays to be a winner, gentlemen. You know, it is unashamedly [00:26:35] alpha, and it’s not in vogue with the modern world in any way whatsoever. But [00:26:40] there is a point where there will be forces needed to do things, and [00:26:45] you need to be able to rely on the person next to you that they’re not just going to quit halfway through [00:26:50] and advance to contact when the rounds are coming in, and they’re going to be disciplined to [00:26:55] follow orders and the fire. And it became apparent in Afghanistan that was [00:27:00] really important.
Payman Langroudi: I mean, you must have seen Simon Sinek. He he draws quite a lot of inspiration from [00:27:05] Seal teams and all that. Yeah. He does for business. Yeah.
Mike Hesketh: Leaders eat last. Well, that’s [00:27:10] it’s quite funny, actually, listening to him talk about it, because it’s just normal. [00:27:15]
Payman Langroudi: It’s normal.
Mike Hesketh: Yeah, yeah. You stand at the back of the food line. You just the lads you never take [00:27:20] from the lads, you know, you, um. And that’s the same if you equate it to Dental world hygienists. [00:27:25] So there’s a way that hygienists are on at the moment, which is incorrect, how [00:27:30] associates are paid for the use of of hygienists. People have this system where they where they [00:27:35] charge the associate for the use of the hygienist and their pay membership pay. It’s the wrong way round. They’re taking [00:27:40] from their team. So there’s all these little nuggets that I talk about that, um, destroy [00:27:45] the ethos of the leadership. So I was came out in the military at age 30. [00:27:50] I think I was a little bit, um, devil may care. I have a [00:27:55] very, very strong wife who gently, very clever wife who gently nursed [00:28:00] me through life. I didn’t even realise what I was getting, you know, pointed in the right direction [00:28:05] by her, very supportive, very loving. And that’s [00:28:10] where we took the risk to buy the first business because. But if you think about it as a blank [00:28:15] canvas, I didn’t know anything about the real world as much as it was an experience [00:28:20] in the military. I didn’t know anything about how to build business. I didn’t know what the word invoice meant. I [00:28:25] remember asking my accountant, I.
Payman Langroudi: Said, you forget. I didn’t know what a word invoice meant when we started enlightened. You forget [00:28:30] you did the things you didn’t know. Yeah, yeah, yeah.
Mike Hesketh: And you do. And I said to my accountant, I was like, which way does the money [00:28:35] flow with that? Is that like, in or out? I was 30, you know, how cosseted [00:28:40] and how narrow minded and people go, Jesus, you’ve done a lot in the military. I was like, no, you just it’s very narrow. [00:28:45] And when you come out into the brave world and you’re dealing with money [00:28:50] and you’re dealing with sharp operators who have a different ethos, [00:28:55] yeah, to the one you’re used to, um, you can end up getting yourself in trouble, I [00:29:00] think. And maybe that’s where ex-military people suffer. Um, they can’t understand it.
Payman Langroudi: Especially [00:29:05] because they want defined rules. Yeah. And and it’s not like that [00:29:10] out there, right?
Mike Hesketh: No.
Payman Langroudi: Yeah. And maybe also though your biggest advantage. Right. [00:29:15] Because like that sort of clean slate that you’re talking about. You didn’t go into it with habits, [00:29:20] um, with, with, with the same sort of, you know, boundaries that we [00:29:25] all sort of take for granted. No. You know, sometimes you look at someone like Elon Musk or something, [00:29:30] and he questions the boundaries that we all take for granted. [00:29:35] And that’s his massive, you know, superpower. Yeah. So yeah. So you saw this practice. [00:29:40] Did you sort of strategically buy this practice as in.
Mike Hesketh: No, no, [00:29:45] no. I just, um, wanted to control the money. So we got ripped off and I said [00:29:50] to my wife, we need to control the money. We’ve got 20 grand to put down. And the broker was very good. [00:29:55] Um, David Brewer, Frank Taylor and Associates, very good broker.
Payman Langroudi: Raised the money.
Mike Hesketh: He raised them. Well, he was very [00:30:00] good in the fact that it was for sale through those guys. And, um, and I said to David, how [00:30:05] much can I raise? And he said, well, that’s a 10% deposit, 15% deposit. [00:30:10] Um, and so you need to look for practices around the 202 50 mark. I mean, it [00:30:15] was in 2012. Yeah. It was um, and it was turning over 500,000 at the time. [00:30:20] It was three gentlemen who wanted to retire, didn’t want to be tied in two brothers and their friend, and [00:30:25] they’d been trying to sell it for 3 or 4 years. A lot of people had looked at it in the city of Exeter. [00:30:30] Um, there was ten private practices within a mile of it, but it was basically all we could afford. [00:30:35] And I and I said to my wife, well, if we want to control our own destiny, let’s see what we can do. [00:30:40] This is my little secret weapon was that Lara was a talent manager in [00:30:45] central London, so had been in, um, competitive business. But being heavily pregnant [00:30:50] with Poppy didn’t want to carry on working in the city centre, obviously. So moved back down to the West [00:30:55] Country to have our daughter and is in charge of the creativity [00:31:00] and the branding and as a leader in herself, in her own right of the business. Um, [00:31:05] I’m the front man, and I have the awkward conversations with people, which is fine. Um, [00:31:10] but really, there was an assurance from her in business, so there was some business [00:31:15] knowledge. I it just wasn’t in me, you know? And I said, oh, let’s just fix teeth. Come on. Let’s [00:31:20] just fix some teeth and, you know, it’ll work. It’ll be fine. Um, you know, let’s see how [00:31:25] we go. And I had a coach in 2012, um, and [00:31:30] he was fantastic.
Payman Langroudi: And a business coach.
Mike Hesketh: Yeah, yeah. So I’d gone to a, [00:31:35] um, like a Premier Inn or something off the coast, off, um, the M5. [00:31:40] Um, and it was hosted by Lloyds Bank who were lending us money. And they said, look, I think you should [00:31:45] come and listen to this, coach. And it was my first experience of business coaching. And I went [00:31:50] there and this coach was talking about growing dental practices, being [00:31:55] innovative, being creative. And I said, oh, Laura was at home. [00:32:00] I think she was like only a week or two from giving birth. So she was at home and I walked up to him at the end and [00:32:05] I said, um, okay, how do I get your help? Because I’ve just nearly [00:32:10] completed on a business and I need I need some support. He said, it’s £800. I was like, oh, oh, [00:32:15] brilliant for the year. And he went, no, a month. I was like, what? [00:32:20] You know, because you, you’re sort of reference points of money is [00:32:25] from where I grew up, you know, and the military was just.
Payman Langroudi: It was a bit shocking.
Mike Hesketh: Yeah. [00:32:30]
Payman Langroudi: But you went ahead anyway.
Mike Hesketh: Well, I wasn’t going to. I told my [00:32:35] wife all of the good things about what he’d said about how he could. And I said, look, his bottom tier is a group thing, [00:32:40] and it’s £800, um, a month, so I don’t think. And she said, you should [00:32:45] do that. So you see how the influence of Lara, then I wouldn’t have done [00:32:50] it, because I would have thought it was too much money and I would have made so many mistakes. But when you said a blank canvas, [00:32:55] when the when you go through the commando course, they do something called a two [00:33:00] footed landing. When you jump into dark water and you do a two footed landing, [00:33:05] because if you do a one footed landing, you break your ankle. Okay. When you’re climbing the ropes, you lose [00:33:10] your you use your legs, not your arms, because your legs are four times stronger than your arms when [00:33:15] you’re going horizontally across the ropes. If you ever see Bear Grylls doing that, he uses his legs, not his arms, [00:33:20] because his arms, your arms blow out really quickly, especially when you’re carrying ammunition and [00:33:25] weapons. So I always just did what the [00:33:30] physical training instructor and the Royal Marine commander has told me to do how to clean a weapon, how to strip [00:33:35] down a weapon, um, how to, um, soldier in the jungle, everything. [00:33:40] And I just followed the rules. And so I [00:33:45] was paying this coach, and I said, right, I’ll.
Payman Langroudi: Do whatever he says.
Mike Hesketh: I’m going to do whatever you say.
Payman Langroudi: It’s [00:33:50] super interesting. I heard this in your previous pod, and and I reflected on it might have been [00:33:55] the most valuable thing that you said insomuch as I [00:34:00] go round practices and corporates and yeah, he [00:34:05] on here maybe talking about what should you do if you want to increase your whitening through the roof. Yeah. [00:34:10] And I can think of a couple. Yeah. Couple. Two literally two people [00:34:15] who did exactly what I told them to do. And they ended up being fantastically [00:34:20] successful in whitening. Now, I’m not saying I’m some sort of genius. I’m actually thinking of those guys. Yeah, [00:34:25] those guys had that sort of foresight to just follow the instruction. And the [00:34:30] crazy thing, one of those guys thinks I’m I’m the genius. I kept trying to tell him, I’ve [00:34:35] said that same thing to a hundred people. You’re the only one who just took it fully on.
Mike Hesketh: It’s bonkers, [00:34:40] isn’t it?
Payman Langroudi: It’s bonkers that people don’t do that more. You know, I can’t.
Mike Hesketh: I couldn’t believe it.
Payman Langroudi: Because it was your military [00:34:45] training.
Mike Hesketh: Yeah, but because I was in the group, I’d driven up to Bristol. Our group was meeting in the southwest, [00:34:50] so it was part of his group in the southwest, and we’d meet in the Marriott in Bristol and, um, [00:34:55] driving back after the first meeting, I wrote to him and I said, because, [00:35:00] you know, I was getting really stressed with the purchase of the practice in 2012. I was like, this [00:35:05] is really hard. I don’t know anything. And I said, look, I can’t be surrounded by [00:35:10] negativity in the room. I’ve put my house on the line, put my money on the line. I kind [00:35:15] of do want it to work. Um, I’m trying to box things off in my head, but that [00:35:20] was the most negative meeting I’ve ever been in.
Payman Langroudi: From the other delegates.
Mike Hesketh: From the other delegates, the other dentist [00:35:25] owners in the room that all had big practices. It was horrendous. And so [00:35:30] I said, I’m just going to do what you tell me to do. I’m going to send you stuff. And if you could just read it, I’ll [00:35:35] still pay you £800. But I’m not coming to the meetings. I don’t want to be surrounded by the negativity.
Payman Langroudi: Interesting. [00:35:40]
Mike Hesketh: Yeah, it’s terrible, isn’t it? And so then, to be fair to him, he was a very good coach. It was Simon Hocking down in the [00:35:45] South West. Lovely man, lovely man. And so he, um, he then said, right, we’ll move [00:35:50] you to a more dynamic group. We were thinking about shaking the groups up. Anyway, we’ll put you in like the entrepreneurial sector. [00:35:55] But even in that entrepreneurial group, I just did what he told me to do, and I messaged [00:36:00] him and I said, we need to change the name of the practice and rebrand it, and we’re going to open seven days a week. [00:36:05] What do you think? He said, yeah, do that. I went, okay, is that easy? [00:36:10]
Payman Langroudi: This was early on. You decided to do that, right?
Mike Hesketh: Yeah. In, you know, in the city centre, because there was half a [00:36:15] million people walking 50 yards from the front of the practice. So I didn’t understand why no one was open seven days a week. [00:36:20] And the way to make seven days a week work is you work one weekend in five. Everyone. [00:36:25]
Payman Langroudi: Everyone does that.
Mike Hesketh: Everyone. One weekend in five, you give them the Friday and the Monday off of that [00:36:30] weekend, and you shorten the days on the Saturday and the Sunday. So the days get shorter, but you pay [00:36:35] them the full pay. Yeah. As they would do on a Friday and a Monday.
Payman Langroudi: Yeah.
Mike Hesketh: And then everyone, including [00:36:40] the owner leaders eat last. So it works the weekend.
Payman Langroudi: And was it [00:36:45] were you were you doing the 8 to 8.
Mike Hesketh: No no no you can’t do both.
Payman Langroudi: You can’t do both.
Mike Hesketh: No. Can’t do [00:36:50] both. Now I know that this practices there are and I know there’s a really big one in Birmingham that does 24 hours of dentistry [00:36:55] and stuff like that, and I get all that, and that’s their brand ethos. But if you want to make it sustainable and not run your practice [00:37:00] hot, you do one or the other. And to me, if you’re going to muck up someone’s weekend on [00:37:05] a Saturday and make them work a Saturday, muck it up properly.
Payman Langroudi: Take the whole thing.
Mike Hesketh: Take the whole thing, give [00:37:10] them the Friday and Monday off. And then a lot of the time these are busy mums in the business. They [00:37:15] get a Friday and a Monday to themselves and then on the weekend they’re [00:37:20] cool, calm, collected in a nice practice. When it’s really quiet. It’s seven shares [00:37:25] in the practice, so one was being operated and they’re doing a root canal at 2:00 on a Sunday [00:37:30] and it’s cool and it’s calm and they’re having a really peaceful weekend. And [00:37:35] so people think seven days a week is is noise. It’s not. But [00:37:40] if I was to open one in London, Birmingham, any of the cities, I would be opening seven days a week [00:37:45] and I’d just do one weekend of five and I would work one weekend of five. And you can’t really swap that weekend because it becomes [00:37:50] a rota nightmare for everybody. But you pay them the full whack. You don’t do time and a half, you just pay them the [00:37:55] full hours. Then the hours are eight till half, eight till six or something, or half eight till half, five [00:38:00] and a normal working day. So you pay them up, but you only ask them to come in ten till four on a Sunday. But you pay in full [00:38:05] hours.
Payman Langroudi: So from the management perspective, if a member of staff says I’m not willing to do that, or [00:38:10] is it that that doesn’t happen because you get the buy in from the [00:38:15] get you.
Mike Hesketh: Try and do it with, you know, panache and style. But there’s a benefit to everybody. I [00:38:20] outlined one of a peaceful weekend. Um, the other one is that you? If you’re a [00:38:25] self-employed associate, you’re always full because you get so many new patients on the weekend that [00:38:30] you end up with extra people doing it. But there is a very clear it’s the [00:38:35] accidental way or Dartmoor way, and that’s really important. Some [00:38:40] people are too delicate with their brand and aren’t don’t [00:38:45] really know their purpose. And so you need to be really clear about one of your brand values might [00:38:50] be accessibility. Well, if you’re accessible, you either need to do late nights or you need to be doing the [00:38:55] weekends if that’s one of your brand values. So it’s knowing your brand and. [00:39:00]
Payman Langroudi: Communicating your brand to your people.
Mike Hesketh: And so you just attract like minded people. I never I’ve [00:39:05] never really gotten rid of anybody really, other than, um, people just self-selecting out [00:39:10] of the business, just leaving because they, they weren’t in line with the brand values.
Payman Langroudi: Not [00:39:15] the financials of this business were just extraordinary. Right. So just go through that [00:39:20] because you sold it, what, 4 or 5 years after you bought it.
Mike Hesketh: Yeah, yeah. So we bought it for 230 K [00:39:25] in the end.
Payman Langroudi: Turning over 500.
Mike Hesketh: Turning over 500. Yeah. And [00:39:30] then four years later it was turning over 2.5 million. And we sold it [00:39:35] to Bupa for a £3.2 million.
Payman Langroudi: Extraordinary.
Mike Hesketh: Yeah. [00:39:40] And winning the lottery.
Payman Langroudi: You’d expect in order to get that level of growth you’d [00:39:45] expect to be not only working seven days a week, [00:39:50] but also grinding the team on sales and and bringing [00:39:55] in loads of new services and all that. Is that the case or with with these guys doing so little [00:40:00] that it was easy to. Yeah. It’s never easy to go from half a million to no. [00:40:05] 2.5 million.
Mike Hesketh: Yeah. No. Sometimes like one of the growth was like, you know, 600,000 [00:40:10] back in the day. It was when it was quite competitive as well. It was pre-COVID. Um, but [00:40:15] what we do is we create a whirlwind. Okay. So everyone picks a lane. So each of [00:40:20] the associates picks a special interest a specialism. Yeah. And they have to do a master’s in it. So [00:40:25] you have your endo your oral surgery, your ortho, your and you know, all of [00:40:30] it prosthetics.
Payman Langroudi: So that you don’t refer out.
Mike Hesketh: So you refer no work out. Yeah. And then you create a work and [00:40:35] you walk around banging the drum for world class care. Yeah. You present the case to the university tutor at the end [00:40:40] of the course of treatment, as if you were going to present the case. Okay?
Payman Langroudi: Yeah.
Mike Hesketh: And [00:40:45] we didn’t get there, but we were a long way towards it. And what we do is we create a whirlwind [00:40:50] of internal referrals and a team approach to dentistry. And it worked really well [00:40:55] in a city centre location. The practice was over six floors, cosmetically based all on [00:41:00] fours doing advanced dentistry. Not many children know NHS contract denplan [00:41:05] list. So a very different brand to our current practice Dartmoor. [00:41:10] But we created this system where we just have internal referrals and refer no work [00:41:15] out. But each associate that joined, there’d be one of them [00:41:20] that would do ortho, one of them that would do implants, one of them that do endo not two.
Payman Langroudi: Mhm. [00:41:25]
Mike Hesketh: And I said to them if you want to work here as a generalist then you have to do one [00:41:30] weekend in uh five. And no one is bigger than the team. It’s [00:41:35] a one in all in military ethos. And I will not stop investing [00:41:40] until we have everything that’s in the market that makes you efficient equipment. [00:41:45] Facilities. Laura knew how to do the customer service [00:41:50] and the ethos of the practice. And I knew how to bring high quality [00:41:55] clinical care, because a lot of my patients were seen by other dentists in the military [00:42:00] who were, Eastman qualified. And and so you become well calibrated as a dentist. [00:42:05]
Payman Langroudi: And marketing wise, you must have done a lot of marketing, right?
Mike Hesketh: So we [00:42:10] we did a bit of PPC and a bit of SEO. We did. We got we cottoned on to the Google [00:42:15] local listing really quickly in 2012. And we just knew everyone was using Google. Yeah. And [00:42:20] so but we had three new websites within three within 3 or 4 years. So we, we changed the websites, [00:42:25] did a bit of blogging, but really about £1,000 a month. Um, on marketing we [00:42:30] got up to 200 new private patients a month.
Payman Langroudi: So where did they come from? Word of mouth?
Mike Hesketh: I think so, [00:42:35] yeah. Because once you start investing, um, and driving the standards higher, [00:42:40] people talk and all of a sudden if you refer in no work out, they’re getting everything [00:42:45] in one in a, in a one stop shop. Um, it just snowballed so quickly [00:42:50] that like on a Monday we get like 28 new patients call. And I used to say to them, you could [00:42:55] have called yesterday, we’re open yesterday. But even on the front line of the business, it was open seven days a week. [00:43:00] They were like, oh, you’re open on a Sunday. I’m like, yeah, seven days a week. You know, you could have called [00:43:05] yesterday, really, but you’d end up with 28 new new patients on a Monday calling when it was [00:43:10] difficult to get them. Um, it was like a whirlwind of business growth [00:43:15] that, um, it was making 500,000 a year at the end. [00:43:20] But I was only working. I’d stopped clinical at year three, and I was only working [00:43:25] two days a week before that.
Payman Langroudi: So you were taking 500,000 out of the business, [00:43:30] only working, not working.
Mike Hesketh: And I was I was I was a student.
Payman Langroudi: Were you doing that [00:43:35] on purpose?
Mike Hesketh: Um.
Payman Langroudi: Or was it just that, you know, you decided you didn’t want to be the clinical [00:43:40] guy. You’re more excited by the management side.
Mike Hesketh: Yeah, well, I [00:43:45] don’t think I could cope with the clinical work as well as the rapid growth of the business. [00:43:50] It was too many inputs and so something needed to give. And one of my patients was a university [00:43:55] lecturer at Exeter Uni. And she said, oh, if you’re a local entrepreneur that [00:44:00] we’d like to give people a free MBA. Free? Yeah. For free. A 30 grand MBA. And I was [00:44:05] like, okay, what’s this about? She said, well, we have a lot of international students whose first language are not is not English, [00:44:10] and they find it difficult. So we need like a fulcrum of the quota. Yeah. First, first [00:44:15] language English in the room. And so they gave out eight of them. And she said if you get your application [00:44:20] within within 48 hours, I can get you a free MBA at Exeter University, which is a, [00:44:25] you know, it’s top ten university business school. And so I was like, okay, so I’ll do [00:44:30] that. And that gave me a, um, explanation to the patients of why I’m not [00:44:35] clinical anymore. But it was very affirmatory of affirmative. And an MBA was. There was modules [00:44:40] on AI, modules on blockchain. It was in 2016, 2017 modules [00:44:45] on accountancy. I’m not sure I learnt a lot except [00:44:50] I should have bought Bitcoin.
Payman Langroudi: I was going to ask you, do you, do you recommend dentists to do an MBA? [00:44:55] Because I know loads of people who’ve done an MBA. Non dentists and I don’t know, [00:45:00] they come into one of two types when I asked them about it. Uh, one is they [00:45:05] meet a lot of people on the MBA. So it’s that sort of contacts way of things. [00:45:10] Um, some of them want to go and run, you know, multinationals. Um, [00:45:15] but a lot of them say that, you know, it’s like they wanted to plug a weakness. [00:45:20]
Mike Hesketh: Um, I think if you’re a small business owner in dentistry or any other small business. Yeah, [00:45:25] it people go, oh, I should probably do an MBA. Yeah. And when you’re on it, you could probably do teach some of [00:45:30] the modules, especially if it’s a small business owner.
Payman Langroudi: Really? Really. Yeah.
Mike Hesketh: Yeah, yeah. Because the modules are divided into as I [00:45:35] described. So I mean, even on, um, the, um, some of the statistics module, [00:45:40] you know, you start with an actuary who’s, you know, who is a brain size of a planet working out [00:45:45] pensions. I mean, they can teach that lesson on statistics. Um, and [00:45:50] sometimes they’d have a guest lecturer in. And I couldn’t bear listening anymore. Like, especially when the [00:45:55] banks came in, you know, and they tell you how the world is and you’re like, hang on a minute. That’s [00:46:00] that’s rubbish. You know, so you’ve got to bite your tongue. But what it did do was [00:46:05] it again, it was a bit of an enlightenment. Enlightenment, um, moment. [00:46:10] This whole small business thing coming from the military was, you know, I was in a very British, [00:46:15] you know, environment, then a small business, and then you go [00:46:20] into an international environment of a university as a as a postgraduate, [00:46:25] so to speak. And you’re with Chevening scholars from the South America [00:46:30] or Africa, who were the brightest of the brightest of the British government, paid for to have soft power influence [00:46:35] around the world. I think there’s 20 or 30 presidents of countries that were British Chevening scholars. [00:46:40] And so you sat with these people who think differently, talk differently. And [00:46:45] I’ve tried to not always be forceful, try to listen [00:46:50] and understand and know my limitations of where I grew up, and try and listen to these people [00:46:55] that have different challenges. And to be honest, I would say [00:47:00] 75% of the course were very left wing and you’re just not surrounded [00:47:05] by that. You know where I grew up. And so, um, and you think, ah, [00:47:10] and they had very valid points, um, around social justice, around [00:47:15] caring for people.
Mike Hesketh: And I enjoyed it and I actually enjoyed [00:47:20] my friends from it. And there were 5 or 10 years younger than me, but they’re really good friends [00:47:25] and they’ve gone on to do wonderful things. Um, but I was doing that whilst the practice, [00:47:30] I’d do the morning huddle and I’d walk up the hill to the Exeter University and [00:47:35] the business would just go on without me. Seven chairs turning and burning. And I’d just [00:47:40] do that. Morning huddle, ten 15 minutes drop Poppy at school, at the Cathedral School in Exeter and then [00:47:45] walk up the hill. Um, it was a very good time. And then it was about three quarters [00:47:50] of the way through the MBA that I bumped into Dental elite at a show. And I [00:47:55] said, oh, um, it was actually Dental elite. We bought the practice through. And, um, [00:48:00] I said, well, we bought it for 230, its EBITDA. Is this what do you think [00:48:05] it’s worth? And they said, oh, you could probably put it on the market at 3.1 million. Whoa. Jesus. [00:48:10] Wow. And I think it was a four year turnaround. And I just wanted [00:48:15] a break. I’d gone to uni at 18, Navy at 22, bought [00:48:20] a business at 30, and I was 34. I just wanted a break. And [00:48:25] so, um, Poppy was five, Hugo was [00:48:30] three, and I said I just wanted to spend more time with him, probably coming [00:48:35] back to my father. Um, and I just wanted to spend more time with him. So I said, let’s sell. We know [00:48:40] we we’ve got a fantastic financial planner in Thomas Dixon of Wealth. And he said, you’re going to have to go [00:48:45] again. The computer program says, you’re going to have to.
Payman Langroudi: It’s not enough money.
Mike Hesketh: For [00:48:50] the rest of your life, because you still had about 700 grand a.
Payman Langroudi: Day because you were too young.
Mike Hesketh: Yeah, yeah. Too young. And [00:48:55] you’re going to need to, he said. But people like you go again. I was like, no, I’m worn [00:49:00] out. Like I it’s been such a rapid growth. I’ve got my MBA now. Um, and, [00:49:05] um, yeah. And travelling around the world, um, and we just.
Payman Langroudi: How was that?
Mike Hesketh: The [00:49:10] best part of my life? The highlight of my life. Um, I just [00:49:15] wish we could go back and do more of it. Um, we set off, [00:49:20] um, down to Singapore and an old Navy mate that was in Afghanistan with five years before [00:49:25] or three. Four? Yeah, five years before. Um. And he was [00:49:30] working for Lloyd’s of London ship crashes investigation. And if you ever fly into Singapore, it’s [00:49:35] something to behold. The bay there and the amount of ships. So I can see why he’s late. He’s located there. And [00:49:40] so he was doing well for himself. So, um, we stayed in his place in Sentosa Island, [00:49:45] which was fantastic, of Singapore. And he put us up for a week or two, and we just decided [00:49:50] to travel so slowly. And I’d been to enough rough places. I said to my wife, [00:49:55] we’re not going to go anywhere controversial, like even, you know, more [00:50:00] than what you’d class modern countries, I’d say, right. We’re just going to go to easy places, not going [00:50:05] to need any vaccines. We’re not we don’t have to worry about. We’ve got five and a three year old in tow and [00:50:10] a couple of weeks in Singapore.
Payman Langroudi: Did you large it? Were you going like business [00:50:15] class? I mean, £3 million just hit your account.
Mike Hesketh: Yeah, yeah. So, uh, it was funny actually, [00:50:20] because I rang Thomas once and I was going into Exeter city centre and [00:50:25] I said, I’ll wait there a minute. I just got get on the bus. Give me a second. He was like, why are you getting on a bus? And I [00:50:30] don’t know. It’s just easier. I live in Devon and there’s a bus, so there’s not. There’s not over, you know. And he [00:50:35] was like, yeah, you could just get a taxi into town, couldn’t you? Shopping. And I was like, I don’t know, mate. [00:50:40] I just get on the bus. So we bought £1,000 student ticket to go around the world. [00:50:45] And so four of them. And it’s one of those ones you remember back in the day in uni sta travel? [00:50:50] Yeah. Yeah, yeah. And you divide the world into orange segments and you can’t go back on a segment. Yeah, yeah. So we did [00:50:55] that. So we, um, we did this orange segment.
Payman Langroudi: Just to be sensible.
Mike Hesketh: I [00:51:00] don’t know, really. And then. Yeah. And then we did Airbnb. Um, but we got really good at it. Um, [00:51:05] even travelling with small children. Um, because then we went to Australia, New Zealand, the Cook [00:51:10] Islands and the Cook Islands. Yeah.
Payman Langroudi: What was that like?
Mike Hesketh: Amazing. That’s where Hugo really came alive. [00:51:15] He. I remember him jumping off a boat and swimming down the anchor chain. Like he’s an outdoor boy. [00:51:20] I think he might end up being a commando. We’d spend a lot of time sleeping outside on Dartmoor. [00:51:25] Just he and I with the dog. He loves it. He says, dad, I feel free. I okay [00:51:30] anyway. So yeah, he he loved the Cook Islands and um.
Payman Langroudi: Is it as you would imagine. [00:51:35]
Mike Hesketh: Yeah, yeah.
Payman Langroudi: Paradise.
Mike Hesketh: Yeah. And it’s collecting crabs. It’s five hours from New Zealand. It’s [00:51:40] like halfway to South America. It’s if you ever look it up on a, it’s a dot in the middle of [00:51:45] nowhere. And, um, it’s part of New Zealand in some weird way. But [00:51:50] Poppy turned six in New Zealand on one side of the dateline, [00:51:55] woke up in the morning, had a presence and we had a flight that day on a birthday. Flew to the Cook [00:52:00] Islands, which is on the other side of the dateline. Went to bed and [00:52:05] she woke up and she was six again.
Payman Langroudi: Had her birthday again. Yeah. So we did it. We did. We did the whole party.
[BOTH]: Because how many [00:52:10] times are you. Six. So we had this party and uh. Yeah. And I think.
Mike Hesketh: You [00:52:15] know, um, marriage when you’ve got businesses and [00:52:20] pressures and Laura had put up a lot with a lot. Um.
Payman Langroudi: It gives a bit, right?
Mike Hesketh: Yeah, [00:52:25] it was hard. And I think as soon as we hit Singapore relaxed and we [00:52:30] had two suitcases, two little children travelling slowly, we educated Poppy [00:52:35] just by going to the local libraries in every city that we went to. And it was a very small world [00:52:40] and we followed the sun. So we only needed shorts, shorts and t shirts with the odd little [00:52:45] jumper. So. And then as it turned to spring and summer in the northern hemisphere, we [00:52:50] just shovelled rice. We saw a volcano go off in Hawaii. That [00:52:55] was a and the children talk about it now in school that they’ve sat on the end. We just got lucky. We [00:53:00] went to a national park there and it erupts every 20 years. And we just checked in and [00:53:05] the lady at the desk said, oh, you’re lucky you bought this six months ago. These, these rooms. I was like, yeah. [00:53:10] And the room was overlooking a lava spouting and the room at night was orange. [00:53:15]
[BOTH]: So we had all these.
Mike Hesketh: Experiences that travel brought us [00:53:20] and, uh, yeah, it’s the best time of our life, really. We were evacuated, actually, in [00:53:25] the end from that. So that was the only slightly dodgy place that we went to. We had to get away. We actually [00:53:30] got a lot of messages from friends saying, we can see from your Instagram you were near that volcano that’s going off wrecking [00:53:35] towns. Like, yeah, we’ve moved now and we’ve got to fly out of here in a couple of days, so we’re fine.
Payman Langroudi: What was [00:53:40] the highlight of that trip?
Mike Hesketh: Oh, um, I love Byron Bay. [00:53:45]
Payman Langroudi: Oh, really? Yeah.
Mike Hesketh: Yeah, because I was there as a student, you know, backpacking, um, I [00:53:50] was experience. That was amazing. Um, and so, yeah, I like Byron Bay. My [00:53:55] wife likes the Hamptons.
Payman Langroudi: In New York.
Mike Hesketh: Yeah. Oh, and I was like, I think there’s a [00:54:00] reason we live in Devon. We don’t want to compete with London money. And I said, we’re not buying in the Hamptons. We’re not [00:54:05] competing with New York money. Darling, we’re not giving you with that. Uh, but she. But, [00:54:10] like. Yeah, the Hamptons. Lara has really high standards of everything that [00:54:15] she does. And she worked in the centre of London. She worked for a really good talent management company, [00:54:20] Really good friends.
Payman Langroudi: When you say she was responsible for the creative. Yeah. Oh. Is [00:54:25] it. Do you mean broadly, or do you literally mean the brand? Um, [00:54:30] is it something else broadly?
Mike Hesketh: The customer service, the end to end patient journey, the [00:54:35] brand, the standards and the evolution of the brand? Um, which is important. [00:54:40] A lot of people will take their business at 500 grand, and then they’ll [00:54:45] do really well. They’ll grow it, they’ll double the turnover, and it will take like a couple of years. And then you [00:54:50] say, well, is that the same business as that one? But they keep the same brand, and [00:54:55] there is an evolution of a brand that happens in small business that people, um, [00:55:00] don’t keep up with. It costs money to re website. Um, keep on top of your [00:55:05] colours, keep on top of your theme. But Dartmoor Dental, our current business has done [00:55:10] exactly the same. And so Laura did a brand within 24 hours. Um, [00:55:15] I’m still in trouble for. But did a brand, um, quickly for me when we bought the business, and [00:55:20] then we shared that with the team, took the brand standards to them. And [00:55:25] then three years later, she’s now going through the brand standard again and a completely different [00:55:30] but that business, Dartmoor. We was turning over 700 K when we bought it. It’s now doing [00:55:35] 2.5 million. Three years later, those two businesses are different. It’s got different people in [00:55:40] it even serves different.
Payman Langroudi: Different time as well. Right?
[BOTH]: Macroeconomically yeah, [00:55:45] yeah, yeah.
Payman Langroudi: Totally different time.
Mike Hesketh: We bought it just after Covid and now it’s, you know, we [00:55:50] you know, we don’t do any cosmetics. We haven’t done any cosmetics or aligners or anything to get that growth. [00:55:55]
Payman Langroudi: Really.
Mike Hesketh: There’s no there’s no cosmetics or aesthetics. It’s just just drive the standards higher.
Payman Langroudi: Implant. [00:56:00]
Mike Hesketh: Um, yes. We’ve got a very good visiting implantologist who’s done a thousand [00:56:05] straumann implants. He’s brilliant and he’s a good friend. Um, he was recommended from a mutual friend [00:56:10] to come and join us. Um, and so we did a bit of implants, but not full arches, you [00:56:15] know, 1 or 2 placements and put all all the growth is around this whirlwind [00:56:20] of a system of of each dentist picking a lane. And then we’ve got five therapists [00:56:25] and then the five therapists then cover the NHS contract, which is our social contract. [00:56:30] I treat it as a charity, and we’re the only one of six practices in the town that do NHS, and [00:56:35] we look after the poorest in society and it costs us double what the NHS [00:56:40] pays us to look after 3000 children and 1000 adults, and these 1000 adults have [00:56:45] got no money.
Payman Langroudi: What are you doing it almost out of philanthropy.
Mike Hesketh: Yeah, yeah. So we so we do, um, [00:56:50] we supplement the NHS care with our private work. [00:56:55] And so say the contracts, 350 grand or something to look after 4000 people. [00:57:00] We I think it costs us around about 600, £650,000 [00:57:05] to, to deliver that care. So that’s 300,000 that we out-of-pocket. Yeah. [00:57:10] Yeah. I mean it’s not the brightest business strategy in the world. No. In the round [00:57:15] of the world. It’s going to come good. I’m sure. Um.
Payman Langroudi: I mean, let’s [00:57:20] just walk through that. Is it that you can literally see need and as part of that [00:57:25] community you want to you’re there, you want to service that need.
Mike Hesketh: Yeah. And I think it probably takes me [00:57:30] back to the medical Shuras sat in the middle of Afghanistan. Sounds awful because of the Dental desert in Devon [00:57:35] and Cornwall. There’s no clinicians.
Payman Langroudi: Um.
Mike Hesketh: Um, but luckily, one of my good friends from [00:57:40] Afghanistan, Ewan MacColl, is the dean of Peninsula Dental [00:57:45] School, and I think he’s chair of this, that and the other on a national level now. But he’s my mate. [00:57:50] We spent a lot of time running together in Afghanistan, him much faster than me. And [00:57:55] so he very kindly recommends us to the dental school, hygiene [00:58:00] therapy school and the dentist down there. So he does sort of recommend us highly, which is [00:58:05] nice, but I tried to live up to that. So I have a connection, a network of military [00:58:10] or ex-military clinicians in the southwest. But if you put an advert out for an NHS [00:58:15] dentist, you’re not going to get one. So what we try and do is go around the problem and [00:58:20] use therapists. Um, but to full scope, um, and then associate dentists [00:58:25] to do it and everyone, including the highest grossing dentists in our practice, [00:58:30] have to do NHS work, including me.
Payman Langroudi: Really?
Mike Hesketh: Yeah. So for the last, we’re all zoned in [00:58:35] the diaries, and it’s the last hour of the day. We turn into an NHS clinic and everyone does [00:58:40] the children as they leave school. And the aim is to, um, look after all the children [00:58:45] of Tavistock and the five villages around us. And I know there’s NHS rules on accepting [00:58:50] everybody, but we look after our own backyard. I don’t even live there. It’s an hour away from me. It’s [00:58:55] not even my, um, community.
Payman Langroudi: You know, you could. I don’t want to be reductive about it. Yeah. [00:59:00] Because it’s a beautiful thing. And so. Yeah. There it is. It’s fine. But you could have take that £350,000 [00:59:05] and given it to fallen soldiers families or to Afghanistan. [00:59:10] You could have done anything with that £300,000, but you choose to do it. Are there other benefits to [00:59:15] the business? Like is there a one for all? All for one? The fact that all the clinicians are having to do this [00:59:20] NHS thing.
Mike Hesketh: Yeah. And and you know, you asked before about what happens if they don’t do seven day opening. Well [00:59:25] if someone doesn’t it’s too good to look after the NHS patients. And [00:59:30] they don’t.
Payman Langroudi: They’re not right for you.
Mike Hesketh: They’re not right for us. But I still want them to be high end dentists. And you think, well, how do [00:59:35] they switch? Well, they don’t switch.
Payman Langroudi: They just do high end dentistry on the case.
Mike Hesketh: That’s why it costs you so much. So it’s [00:59:40] not a great business strategy. So in any way, it’s not really. But, um, what what it has [00:59:45] done, its part of the brand values is we list it as socially aware. So we try and [00:59:50] walk the walk. Um, and yeah, of course, there’s, um, a lot of parents that [00:59:55] don’t qualify because it’s an exempt contract. So it’s children. And like I say, a thousand people who can [01:00:00] get benefits can qualify for it. We can’t take any more patients on. But we [01:00:05] took on a thousand last year. Um, we just put some messages out on [01:00:10] Facebook and to the local schools and said, we’ve got some space for children. And so we took on children [01:00:15] and it ended up with 1000 extra children. That made the BBC news. So [01:00:20] from a brand awareness, you could say, yeah. [01:00:25] And the PR, the power of the BBC is ridiculous. Yeah, yeah. Um, and the [01:00:30] local Facebook groups as well. It gives, gives us credibility. Um, [01:00:35] and the business, you know, still makes 15, 20% profit. It’s [01:00:40] fine. Um, we’re investing heavily. It’s a 200 year old manor house. [01:00:45] So I’ve got.
Payman Langroudi: I’ve.
Mike Hesketh: Got builders everywhere. Yeah, yeah. So, um, we’ve we’ve refitted eight [01:00:50] surgeries in those three years, and we’ve just put in a ninth this week, and we’ll put a 10th in next [01:00:55] week. Um, and, but every facility has been upgraded. The [01:01:00] first thing we did was the female changing rooms because they were gross. They were in the basement and we refitted all of those. [01:01:05] But what I most love is that the. There’s a couple of partners that have stayed on out [01:01:10] the four that I bought it off and they’ve really embraced it. And so one of them that [01:01:15] um, it was advised to me to get rid of at the beginning I was like, no, [01:01:20] let’s have a little let’s have a think about this is now grossing 40,000 a [01:01:25] month, is doing high end dentistry, is, um, absolutely beautiful [01:01:30] work. And he’s admitted himself he wasn’t very keen [01:01:35] on me at the beginning and what the changes we were going to bring. But we’ve invested so much, [01:01:40] um, that it’s brilliant bringing people on, even partners [01:01:45] who have stayed there for quite a while.
Payman Langroudi: Yeah, that’s that’s quite an achievement. Right. Well, he could [01:01:50] have switched off completely reactivated him, took him the other way.
Mike Hesketh: Yeah. And there was no tie in. I just gave him all the money [01:01:55] and said, stay or don’t stay, I don’t I’m not into tie ins. It’s [01:02:00] easy to control when it’s me. You know obviously for corporates it’s different and for independent groups who have [01:02:05] got 20, 30 practices. That’s fine. But for me, I don’t. You [01:02:10] know, if someone doesn’t want to be there, don’t worry about it. It’s fine. But we are going to put £1 million [01:02:15] investment into this place. So why wouldn’t you be here? And by the way, [01:02:20] you get to pick a lane and that’s all about you. And we’ll highlight you and we’ll develop you and we’ll give [01:02:25] you the best chairs, we’ll give you the best equipment. And by the way, your turnover will go [01:02:30] from 10,000 a month to 40,000 a month. It was a seven year practice doing 700 grand. So you [01:02:35] can imagine the style of dentistry doing 100 grand per chair. So I work on ratios of turnover [01:02:40] per chair.
Payman Langroudi: And your 20% that you’re talking about, is it still 20% bearing in mind all the investment. [01:02:45]
Mike Hesketh: No no no no no.
Payman Langroudi: It’s once the investment is done it’ll be 20%. Yeah, yeah.
Mike Hesketh: So [01:02:50] we have a do you know I have a dental accountancy firm.
Payman Langroudi: You own one?
Mike Hesketh: Yeah. [01:02:55]
Payman Langroudi: Really?
Mike Hesketh: Yeah. By, um, by just, um, need [01:03:00] necessity for the profession. Right. Okay. So I’ll tell you about this. So, um, [01:03:05] when we had Exeter, I had this amazing accountant who was a friend, um, in [01:03:10] the southwest. I was talking to her, and I said, I need some help with numbers. And she said, [01:03:15] okay, but she’s a chartered accountant from outside of dentistry, and she’s my sage [01:03:20] advisor. She tells me when I’ve got it wrong, she tells me, you know, almost like a business advisor in a way, and [01:03:25] kept it close to my chest. And the consultancy that I [01:03:30] do, um, comes about from meeting with Ashley Latta. And Ashley said, could I do an entrepreneurs [01:03:35] group talk for him? And I’m currently doing the Chris Burrow 100 club talk [01:03:40] for him, his series and all of that was good. But one [01:03:45] of the four pillars that I work with people on, the last one is financial command and control, and command and control [01:03:50] is very military term. Yeah, but what we had was a couple of clients [01:03:55] that came on board with me and I said, what? What’s X, Y and Z are your numbers? And [01:04:00] we could see errors all through their accounting software zero 30 [01:04:05] page reports being generated. Automated generated, just useless data [01:04:10] built on sand because the bookkeeping wasn’t good enough. So many errors, double [01:04:15] invoices, statements posted. I said, look, I, I’m wary that I’m trying to create [01:04:20] family wealth, time and money for you as a consultant and you don’t know your numbers. And it came to [01:04:25] a head. There was a client in bath and, um, there were so many errors [01:04:30] in their accounting system from a Dental accountant, C um, [01:04:35] based in the southwest as well, who got it so wrong that they [01:04:40] were almost going to get sued.
Mike Hesketh: And so I spoke to Jodi, who I’d kept close to my chest, and [01:04:45] I said, Jodi, we need to help this person out, clean up all the mess in their accounting system based on [01:04:50] zero and these reports. And Jodi went through and cleaned it all up, and then [01:04:55] that person then told someone else, and then that person told someone else. And so then Jodi said to me, look, [01:05:00] there’s a problem in the profession of lack of accuracy of bookkeeping. Like financial [01:05:05] rigour on bookkeeping, these. These firms aren’t doing it. They’re passing it to junior clerk who’s pasting [01:05:10] statements to the accounts. So I said, okay, what [01:05:15] is the problem for everybody? Right. She said, yeah. She said, well, why don’t we start an accountancy [01:05:20] firm as well. So I have this accountancy firm with now, I think we’re coming up to 30 clients [01:05:25] that we work with on a bespoke level. It’s Jody, it’s her [01:05:30] team, and they start from bookkeeping. And because now they they [01:05:35] also Jody has a small share in Dartmoor in our practice. She is [01:05:40] an owner. She understands running a large dental practice and where the errors are made. Associate [01:05:45] pay um interest rates are incorrect from the bank. She got a client [01:05:50] back £13,000 overnight a couple of months ago. Um, she goes through the [01:05:55] associate pay calculations, and we found a client who’s overpaying by £17,000. And [01:06:00] these were Dental accountants. Oh, yeah. By each month to associates just on their pay structure. [01:06:05] So now when I work.
Payman Langroudi: Here, the error could be in that direction as well. It’s [01:06:10] always tends to be in the other direction.
Mike Hesketh: It’s funny isn’t it, how the errors always fall in the bank’s favour. So [01:06:15] yeah, I own an a Dental accountancy. I don’t know how we got on to that, but I now [01:06:20] own a Dental accountancy that’s growing nicely and and, um, it’s it’s a joy, really, [01:06:25] because I operationally, I have minimal input to it, but it’s my name on it. It’s called [01:06:30] Hesketh Healthcare accounting. Um, and, and every week we sign up a new client. And [01:06:35] Jodie really loves undoing the mess that’s behind the scenes. A lot of [01:06:40] people don’t even know there’s a mess.
Payman Langroudi: Now that you’ve been exposed to, I guess three different [01:06:45] business models, right? The Dental practice model. Yeah. The, um. [01:06:50] Consulting. Yeah. And now the accountancy model. Yeah. [01:06:55] How how do you rate dentistry as a business? I mean, I think we all [01:07:00] understand. Hey, it’s a safe business. Um, we don’t, you know, not [01:07:05] many. The 24 years we’ve been operating, not many of our customers have gone bust. No. It’s [01:07:10] happened, it has happened. Some some people overspend right at the beginning. Sometimes. That sort of thing. [01:07:15] Yeah. Um, at the same time, not many do exactly [01:07:20] what you did that grow it so quickly. And I mean, that’s a ten-x exit [01:07:25] you got after four years. Yeah. Um, grow it that quickly and and exit and then do [01:07:30] it again. And it’s obviously in a totally different practice. You’re repeating it. Yeah. How does [01:07:35] it compare? I mean, consulting is nice, right? Isn’t it. It’s words. It’s [01:07:40] it’s not you’re not you’re not having to break your back.
Mike Hesketh: I think it’s a soft profession. And [01:07:45] the barriers to entry are really high, aren’t they. You’ve got to be on the register in some way or the other. Um, and I think [01:07:50] there’s 8000 independent practices in the UK from the Christie’s report and about 4000 [01:07:55] within corporates. So there’s 8000 practices that are owned single [01:08:00] single owners.
Payman Langroudi: Do you mean the competitive environment is limited by that barrier to entry?
Mike Hesketh: Yeah, there’s a [01:08:05] high barrier to entry and also the cost of the rooms. You know, the surgeries are 50 grand aren’t they. Yeah. So the cost [01:08:10] to entry is high for medical compliance. So you need a bit of weight behind your money wise. Now [01:08:15] there seems to be a lot of squats opening up, especially around Birmingham and London at the moment.
Payman Langroudi: Yeah. [01:08:20]
Mike Hesketh: Um, I think they’re the ones that I worry about. Worry about a little bit, because I [01:08:25] think the Instagram bubble is is passing as well because of AI [01:08:30] and the content creation. And so they’re being drowned and it’s not good enough just [01:08:35] to have, you know, fancy plastered walls and, uh, a nice, a nice front desk anymore with [01:08:40] a, with a nice sign. I think there’s a danger I get phone calls from people saying we [01:08:45] haven’t got enough patients. These squat Start-Ups. Now, they’re not all like that. And some are very successful. Um, [01:08:50] I can think of ones that have gone to 2 million turnover within a couple of years, but [01:08:55] I think it’s harder to do that right now because the barrier to entry is quite high. So if you can [01:09:00] get hold of a practice that you can buy and layer on, I’ll probably always just buy practices and [01:09:05] layer on success over the top of them, um, and try and do things better. Mainly [01:09:10] because I follow the advice from coaches that we talked about right at the beginning, and I try and [01:09:15] put everything in place to make it world class.
Payman Langroudi: Um, I think I heard you say something about [01:09:20] principals get too emotionally involved in, in so many aspects of their [01:09:25] business. Yeah. And you were talking about leakage and I thought about we [01:09:30] leak, we enlighten, we leak loads. Yeah. But I don’t see it as personal [01:09:35] leakage. I see it as the company. Yeah. But going back to the squat thing, a lot of [01:09:40] people, they want they want to do this dream. Yeah. Sort of blank canvas [01:09:45] thing. Yeah. And you know your motivation for what you do, it’s [01:09:50] very interesting.
Mike Hesketh: Well, if you can.
Payman Langroudi: If it scratches a particular rich for you.
Mike Hesketh: Yeah it does. [01:09:55] But if you if look, be honest with you. Everyone’s going to do what I ask in my own business. Yeah. Because of [01:10:00] the way that I approach it. Um, so to me, it is a fresh start up. [01:10:05] I bought what was called Limmeridge House Dental, changed the name, rebranded it. We always rebrand. [01:10:10]
Payman Langroudi: This Dartmoor.
Mike Hesketh: To Dartmoor. Yeah. So I bought that in 2022. So it’s three years old now. And, [01:10:15] um, I was always going to layer on, um, a different systems and [01:10:20] processes. So it’s like a squat to me, but it just happens to have 700 grand a turnover [01:10:25] when we started. And a lot of loyal patients.
Payman Langroudi: 0 to 700 is the hardest, isn’t it.
Mike Hesketh: That’s [01:10:30] what I’m saying. Yeah. That’s what takes sort of five years really 3 to 5 years for a lot of people. [01:10:35] I know that there’s I think sometimes the squats that do really well are squats from people that own [01:10:40] others and they know the game. But, um, I know people who have had three practices [01:10:45] and done a fourth squat and they said the squat was the hardest, um, to get going. And it’s just [01:10:50] a niche they want to scratch. And can we just do it? Because you don’t want to pay that purchase price, [01:10:55] but there’s so much value in the purchase price that especially if you can, you know, use [01:11:00] that 700 to £1 million springboard straight away. I think Dartmoor last year grew 900,000 in [01:11:05] 1 year. So we’re saying 0 to 700 is hard to get. The momentum [01:11:10] we grew last year 900.
Payman Langroudi: Yeah.
Mike Hesketh: Yeah. Once you start to get and everyone starts to get it. [01:11:15]
Payman Langroudi: And how do you feel. So I guess you don’t agree with that advice that says, don’t [01:11:20] come in and change the name and change the processes straight away.
Mike Hesketh: Change everything, change [01:11:25] everything.
Payman Langroudi: Talk me through it. Because because the standard advice is kind of don’t scare everyone off [01:11:30] at the first moment. And you know, I’ve got this place I buy, um, fruit, [01:11:35] fruit and veg, right? Yeah. It’s God, that’s very expensive. It’s [01:11:40] right opposite my, my kids school. It’s very good. It’s very good. Yeah, [01:11:45] it’s expensive, but it’s good. Yeah. You get the fruit and veg in this place that you just don’t get anywhere else. Right, okay. [01:11:50] It got sold and on day one I walked in and [01:11:55] the till wasn’t where it usually is. It was somewhere else. Yeah. Now what was going [01:12:00] through my head was what about the fennel. Yeah. Is the fennel still going to come from [01:12:05] the same supplier or not. And by the way, I got over it. I’m still I’m still shopping there. Yeah, but [01:12:10] but the advice is don’t go change everything. Don’t scare the staff, don’t scare the patients. [01:12:15] And evolution rather than revolution. Yeah. So you differ from that.
Mike Hesketh: Yeah. We we differ from that. Bearing [01:12:20] in mind what we buy though, we buy massively underperforming practices that have scope for growth. [01:12:25] One of the.
Payman Langroudi: First time you didn’t even realise you were doing that right. The first time you were just buying. But the second time took [01:12:30] me through that. The second time you were looking for that, were you?
Mike Hesketh: Yeah. So we’re looking for something that has been on the market for 2 [01:12:35] or 3 years. It’s probably too big for a new associate to take on. It’s seven chairs [01:12:40] turning over 700 grand, and I originally offered 800 to buy it, but I [01:12:45] got it for 600. Just when you go for the due diligence and work through the process. Um, and [01:12:50] they’re, you know, they’re rough and ready, you know, um, loyal patient base probably been there the practice. Been [01:12:55] there a hundred years. Um, in the southwest. It’s a very stable patient base, a lot of retirees. [01:13:00] So they’ll tell you, you know, they don’t like the change. But the key thing, what you [01:13:05] talked about the fruit and veg is you gave them a chance. You gave them one chance. You turned up once, you knew it had been [01:13:10] bought and sold. And you’re like, oh, the tills in a different place. Maybe that gave you a trigger, but ultimately you gave [01:13:15] it a chance. You probably give it another chance. And and just to weigh up another [01:13:20] drop off or another pickup. Do I like it? Do I not like it? And so you’ll give it a couple of chances. [01:13:25] So the key is, is those chants. And so people are loyal either to the dentist that’s retiring [01:13:30] or they’re loyal to the building. They’ll give the building another chance.
Payman Langroudi: Yeah.
Mike Hesketh: Um, [01:13:35] and don’t get me wrong, there will be ten grams from [01:13:40] patients who will write very eloquently about why I’m the worst person in the world of [01:13:45] a couple of thousand members.
Payman Langroudi: Now, don’t take that personally. [01:13:50]
Mike Hesketh: If I took that personally. I mean, I do have a bit. I do have a bit of fun with it. I, um, [01:13:55] I, uh, ring them.
Payman Langroudi: Oh.
Mike Hesketh: Do you? Yeah, yeah, I ring them and I go, [01:14:00] oh, can I just to try and turn them. We try and kill them with kindness. That old adage and, uh, the [01:14:05] team are built around that, so. But you will get ten naysayers. And a [01:14:10] lot of the time, people that have been coming to the building, having the dentistry, they go, yeah, it [01:14:15] needed investment and it needed change, and they’ll give you a chance. But bear in mind [01:14:20] that there are six practices within the same town in Tavistock, and all the others are private and we’re private, [01:14:25] but with this NHS contract, um, and so they give you a chance and [01:14:30] so then you’ve got to try and do it with empathy, with care, with communication. [01:14:35] And you say, right, the brand values are we’re moving to this, we’re changing the name. [01:14:40] Limmeridge House is a manor house. It’s 200 years old. It’s always been called Longbridge, [01:14:45] but we’re going to call it Dartmoor Dental around a national park which is aesthetically pleasing [01:14:50] and desirable. Um, and we will try and give an experience [01:14:55] to patients. Um, but I don’t really buy into this, um, something [01:15:00] new. Um, we we’re not reinventing the wheel and, you know, sort of the strap [01:15:05] lines doing dentistry differently from corporates and mini corporates. And you’re just [01:15:10] raising the standards, which is great. Everyone’s investing and raising standards, but no one’s really doing much different. [01:15:15] You know, we’re not reinventing the wheel in those 8000 practices. And I don’t think many they [01:15:20] might be buying them different, different ownership structures. But in reality it’s just [01:15:25] a catchphrase really.
Payman Langroudi: But to grow them the way you have, you must be. Now, when you say raise [01:15:30] standards, you’re comprehensively treatment planning. Yeah. And I guess sometimes you’re breaking [01:15:35] bad news to people, right? I mean, you know, if the dentists have been sort of very laissez faire [01:15:40] And then you come in and say, right, full mouth rehab. Yeah. How do you manage that? [01:15:45] Because, by the way, they watch the place being done up. Yeah. That cynicism comes in as well.
Mike Hesketh: And [01:15:50] actually my hygiene.
Payman Langroudi: For it or whatever.
Mike Hesketh: My hygienist and we were at the private dentistry awards on [01:15:55] Friday night. So, uh, we won most improved practice, which is a brilliant, um, [01:16:00] thing for us in the hygienist that I chose to join us. Um, they’re so expensive. Those [01:16:05] awards, I can only bring one staff member. So my manager was up for an award, and then the hygienist, [01:16:10] who’s very loyal, and she told me a story about a patient saying, well, I can see where the money is going [01:16:15] now. And she said, yeah, you can now because the previous partners used to go on a lot of holidays. [01:16:20]
Payman Langroudi: Mhm.
Mike Hesketh: Yeah. And so there’s a pushback from the team to say [01:16:25] hang on a minute. We never had airflows, we never had this equipment, we never had chairs [01:16:30] that went up and down smoothly and lights and cameras to show people. And so all of a [01:16:35] sudden people, you’d be surprised that how even patients are accepting of the new world [01:16:40] and how it moves on. And so long as you deliver it with empathy and you don’t [01:16:45] criticise your predecessor, I mean, it’s just a lose lose if you criticise your predecessor. [01:16:50] Yeah. Um, and so I remember a patient in Exeter in particular. [01:16:55] I felt sorry. For who? A gentleman who was sharp. And he said, why wasn’t this [01:17:00] picked up previously? Um, by the gentleman I’d been seeing for 20, 30 years? I think that was [01:17:05] a complaint. But to be fair, there was a retainer left by the gentleman there, a very honourable man, you [01:17:10] know, it was just paid out of the retainer for that. So I can remember the individual cases [01:17:15] of complaints. It’s not like it’s a wholesale. Oh, my God, there’s 11,000 patients at Dartmoor. [01:17:20] Um, and we’re gaining. But in numbers of patients [01:17:25] having a net gain. But all of them, I can’t actually tell you whether any [01:17:30] of them that have gone. Do you know what was the last two retired dentists doing? None [01:17:35] of them really. They kind of people move on and they go, oh yeah, the [01:17:40] the GRC fill ins are falling off and we do need some proper dentistry now. And I understand that.
Mike Hesketh: And to be [01:17:45] fair, they’re in a phase a lot of the time where they have some money from house downsizing and they go, it’s really important that [01:17:50] I can eat what I want. So we talk to the patients about the end point being straight white teeth. [01:17:55] We don’t even can’t even do straightening. We can now. We’ve just recruited someone who can do straightening. Um, [01:18:00] but ultimately, because straight white teeth are healthy teeth. Now, do we get there? No. [01:18:05] And patients can get off the train at any one point and get back on the train. Don’t mind that. It [01:18:10] depends on the resources of time and money, but what we what I say to the team and I have quarterly [01:18:15] meetings with the whole clinical team. I take them out for a dinner in a local hotel and we do a [01:18:20] we base everything on audits, so we audit our clinical results and then we [01:18:25] do case presentations. And um, it’s and it’s chaired not by me, but it’s chaired by [01:18:30] clinical lead in the practice. So I always appoint a clinical lead. And the clinical lead is the most valuable [01:18:35] person in the practice for me as an owner, because their decisions are untainted by money. [01:18:40] Their they are driven by clinical standards. So the material choices. But [01:18:45] when they make a choice of the type of composite, it is uniform across the practice so [01:18:50] that we have good business principles in not lots of composites going out of date because people have done different courses. [01:18:55]
Payman Langroudi: Um, how do you pick the clinical lead?
Mike Hesketh: Usually the youngest. [01:19:00]
Payman Langroudi: The youngest. Yeah.
Mike Hesketh: Yeah, yeah. It’s not don’t pick the oldest. Don’t pick the youngest. Implanters. [01:19:05] Yeah. The youngest. Yeah.
Payman Langroudi: So explain that, um. How young.
Mike Hesketh: Yeah. [01:19:10] It’s close to qualification as possible.
Payman Langroudi: The clinical Leaders course.
Mike Hesketh: Yeah, yeah. [01:19:15]
Payman Langroudi: How does that.
Mike Hesketh: Work? And it’s the era of that person within the business.
Payman Langroudi: So tell [01:19:20] me. Tell me the chat you have with that person.
Mike Hesketh: Oh, well, it’s really powerful, actually, because, um. [01:19:25]
Payman Langroudi: I love that. It’s very interesting. I did not expect you to say that.
Mike Hesketh: Well, it comes from, um, [01:19:30] the Maxfacts unit. I was in in Portsmouth, in QA hospital and half [01:19:35] the team were old and bald. Military surgeons, Falklands veterans, [01:19:40] so real, you know, singly qualified some of them and but had dealt with Exocet [01:19:45] missiles through ships. So really interesting gentlemen and professors and [01:19:50] all sorts of on civilian side. And there’d be nine consultants and they’d have a load of shows, [01:19:55] um, half from the military, half from civilian world. And [01:20:00] the, the most recently qualified consultant would then step up as [01:20:05] the clinical lead, and they would then set the standards because they were the closest to the education. [01:20:10] So these were very dominant males, men who would [01:20:15] listen to their junior peer. So again, another learning from the military. [01:20:20] And so the clinician that I chose in Exeter is [01:20:25] now an associate professor at Peninsula Dental School. But he was an NHS dentist when [01:20:30] we recruited him, recruited him Recruiting from Lincolnshire, moved his family down to Devon and fair [01:20:35] dues to him took a gamble on us. Um, and I said, look, would you be the clinical lead because the [01:20:40] team are coming to you to talk about complaints from patients. They’re coming to you to [01:20:45] talk about material choices, about difficult cases. And I will pay for [01:20:50] your endodontic masters or half of it. Um, and [01:20:55] would you do two years? And he said, yeah. And I said, it’s a £500 [01:21:00] stipend per month. So they get £500, but you’ve got to do 2 or 3 hours a week on [01:21:05] driving the team on audits. So we audit filling success rates. We audit, [01:21:10] um, radiographic audits, note keeping audits on a quarterly basis. And [01:21:15] then he then set the standard for winning the wish list, which [01:21:20] is how we buy equipment. So he gets given a budget of a couple of grand for not just stock, but [01:21:25] new new equipment that we want to bring into the business like enlightened.
Payman Langroudi: Mm.
Mike Hesketh: Um, and so [01:21:30] he did that for Exeter. And then, um, he, [01:21:35] he essentially and took it all the way through to the end because we were selling it. Um, but within Dartmoor [01:21:40] there was Chrissy, who’s doing an MSC at Peninsula, [01:21:45] and it’s the era of Chrissy. So she did two years and you can extend it by one [01:21:50] year. Um, but then it’s important, you call it and you say, right, that’s the era of [01:21:55] her. And now it’s another lady called Rebecca. And Chrissy was 27 when she took her, and [01:22:00] she was an associate in the practice with four older men and hadn’t been supported. [01:22:05] I don’t feel as much as she could have done. Um, but that was their own, you know, lots of things [01:22:10] going on at the time. It’s not a criticism, but, um, she came in and then she drives the standards [01:22:15] towards, um, evidence based dentistry. And funny old thing, if [01:22:20] you put a young lady in charge, the standards go through the roof, you know, [01:22:25] and then she takes the team with her clinically. Um, and then a dental therapist [01:22:30] or a dental hygienist can be the clinical lead as well. But it’s a yin and yang to me. At [01:22:35] the end of the day, I can pretend I’m not a businessman and I can say, you know, do all this charity, [01:22:40] you know, effort. But in reality, I am biased because I’ve got to pay the payroll at the end of the month. And, you know, [01:22:45] that’s the thing we all look forward to and try and make sure that we’ve got enough in the cash in the account for, um, [01:22:50] and so my advice or my decisions are always going to be tainted by money. And [01:22:55] the clinical lead isn’t tainted by money. They’re driven by high standards and evidence based [01:23:00] dentistry. If we just did evidence based dentistry, the turnover like it had in Exeter [01:23:05] and Dartmoor just goes through the roof and they go from seven chairs to ten chairs. It’s [01:23:10] just evidence based dentistry. We’re taught at uni, but I wasn’t tainted by the NHS system. That taints [01:23:15] a lot of.
Payman Langroudi: And I guess I guess treatment planning from first principles as we were taught in uni is [01:23:20] big treatment plans, right?
Mike Hesketh: It’s perio. And so the first thing we do is write a perio protocol I [01:23:25] need to get a periodontist in to train the team again. So it’s all about the perio to begin with, [01:23:30] and then we layer it on filling success rates. Biomimetic Samba Composite course, [01:23:35] which is a course that I’ve done recently, um, doing really good bio bases, [01:23:40] Non-sensitive composites.
Payman Langroudi: Um, to your clinical right now.
Mike Hesketh: Yeah. So [01:23:45] I was saying earlier that, um, I sort of fell out of love with it. I don’t think I ever [01:23:50] fell into love with it. I was just too distracted. Yeah. Came back from travelling, started consulting [01:23:55] with Ashley’s team, and then, um, people wanted 1 to 1 advice [01:24:00] and started to build my consultancy firm. And then we bought Dartmoor, and [01:24:05] I started being clinical again. And then my clients started [01:24:10] inspiring me. I thought, it sounds really dramatic, melodramatic, but [01:24:15] if you spend half an hour talking to Amber Aplin about doing composites that last a lifetime and doing [01:24:20] them really well and doing onlays and not doing crowns, you can’t help but get inspired. So I’d be [01:24:25] talking to her about business. Every week on our Thursday call. I talk to everybody on a Thursday morning [01:24:30] for 40 minutes. You know, each each of the individual 1 to 1 clients. And by the end of [01:24:35] it, we’re always talking a little bit about clinical. Same with Gareth and Zach down in smiles [01:24:40] stories. Um, Amy and Stuart up in King’s Lynn or AJ and his wife up [01:24:45] in North Norfolk. Um, you know, Doctor Rhys in Liverpool. Um, [01:24:50] I talked to all of these, Martin and Nick. I just talked to them, and all of a sudden you just can’t help but be [01:24:55] inspired. I don’t think I’ve done enough dentistry. And so the course that I want to do [01:25:00] next year is occlusion, because at mid 40s people want me to do their dentistry [01:25:05] and it’s really lucrative doing dentistry for me personally. I’m [01:25:10] in pyjamas all day. I’m in an air conditioned surgery with patients that I like, with [01:25:15] the nurses that we have a laugh and we enjoy ourselves.
Mike Hesketh: And I think actually this is a [01:25:20] good way to work. So I’m at a crossroads where my [01:25:25] clinical work, I’m getting more and more interested in it, which I never thought I’d say. Um, [01:25:30] I kind of ticked the coaching qualifications from Henley Business [01:25:35] School, the consultancy qualifications, the leadership qualifications. So I’ve kind of in my way [01:25:40] finished the business development of myself. And so it’s the clinical bit [01:25:45] that’s interesting to me now, which is different to a lot of mid 40s dentists. [01:25:50] And then my consultancy um, is I equate it the same to dentistry. [01:25:55] So I make as much from my 1 to 1 consultancy as I do from dentistry. And, [01:26:00] but it’s working with my hands so it uses my time. So it’s what I call like a level [01:26:05] one business. So it requires me to do it both very lucrative and [01:26:10] I don’t know which one to do more of if I’m honest. I’m at a crossroads. And [01:26:15] then obviously level two is sort of buying businesses like local businesses buying. I could buy [01:26:20] a practice closer to home, that would probably be sensible. As well as keeping Dartmoor um [01:26:25] and a level three business is enlighten. So a national brand that’s done [01:26:30] really well got into so many different practices based on high standards. Um, and [01:26:35] that I feel would come from Laura. So Laura would say, okay, actually there’s a niche in [01:26:40] scanners or there’s a niche in something outside of dentistry. Um, [01:26:45] and that’s whether we take that moonshot at the minute or whether we just do [01:26:50] what we’re doing now, which is obviously.
Payman Langroudi: I want to ask you specifically [01:26:55] about two things. Right. Um, but before I forget, I’m going to ask you about another thing. Sorry. [01:27:00] Yeah, I.
Mike Hesketh: Do, I go off on tangents a bit.
Payman Langroudi: So your nurses, [01:27:05] your team leaders and the, the way the thing [01:27:10] runs smoothly. Yeah. What’s the what are some key points to [01:27:15] making that happen in a practice? Because one thing.
Mike Hesketh: As a leader.
Payman Langroudi: As a leader.
Mike Hesketh: Dental Leaders podcast. [01:27:20]
Payman Langroudi: As a Dental leader, because one thing a lot of us are guilty of is sort of micromanaging.
Mike Hesketh: Yeah. [01:27:25] So.
Mike Hesketh: Um, I have no interest in micromanaging and taking the emotion out of it. Um, [01:27:30] I think that does come from military training. And the closer you can get to that in business, the better. I’m not saying don’t be [01:27:35] passionate, but, um, we carry a lot of, um, weight with our, um, [01:27:40] forceful views as owners, and we have to be cognisant of that. And some of the junior [01:27:45] staff are very wary to how we say things and look at them. Um, and so the [01:27:50] power that we wield around the business as a captain of the ship is important that we we tread very carefully. [01:27:55] Um, and so I talk in the third party. So I talk [01:28:00] about building Dartmoor Dental. I talk about building extra Dental centre. And [01:28:05] I don’t talk about what Mike wants. Um, I don’t talk about what Laura wants. I talk about what [01:28:10] the business needs. It’s a legal entity, and I’m currently the director of Dartmoor Dental. [01:28:15] So I have a legal responsibility to do it as an entity. So I very much segment [01:28:20] it in my head. So on a practical level, walking around the business, I talk in principles and mantras. [01:28:25] I believe that the ship keeps sailing. Doesn’t matter who’s on board the ship. It comes [01:28:30] back two years later with a different crew in the Navy. So the same with Dartmoor, same with Exeter. It keeps [01:28:35] on growing without me. No one’s bigger than the ship. Okay, I talk [01:28:40] about delivering the patient to a tutor at the end of the treatment plan.
Mike Hesketh: I talk about leveraging every [01:28:45] part of innovation and digital technology in a sensible manner. So not being at the forefront [01:28:50] of software companies that might be here might not be here in a year. So, you [01:28:55] know, being careful because there is 11,000 human beings we’re looking after for their patient care. [01:29:00] Um, I talk about being on time. It’s [01:29:05] a non-negotiable. Um, I talk about, um, cleanliness. We’re [01:29:10] a healthcare provider. And so if we have clutter in the practice, in any of the drawers, then [01:29:15] we can’t keep it clean. So we can’t pretend we’re clean on one side and then have clutter in [01:29:20] a drawer, paperwork and all that. Um, so we do monthly deep [01:29:25] cleans of every surgery. Everything comes out of every surgery, and every surgery is deep cleaned. I [01:29:30] talk about evidence based dentistry. I think people get too into the weeds of their [01:29:35] business and don’t do enough standing back and surveying the horizon. Fundamentally, [01:29:40] my role as a leader is to scan the horizon for opportunities. Speak to the [01:29:45] fantastic clients that I work with. Speak to yourself, speak to, listen to this podcast and [01:29:50] understand some inspiration from out there that maybe the team don’t do. I scan the horizon for opportunities [01:29:55] and where I should be taking the business. And then I have a very good manager who operationally, [01:30:00] um, is the enforcer. And it’s important that you have an enforcer.
Payman Langroudi: So you don’t micromanage [01:30:05] the human, but you do micromanage the SOP. Yeah.
Mike Hesketh: So [01:30:10] so we have a we have a protocol folder for everything. No.
Payman Langroudi: No, [01:30:15] it’s not like that.
Mike Hesketh: Yeah. So protocol would be, um. No. So. Yeah. God, that’s my worst nightmare of having [01:30:20] a written instruction of everything. Oh, SOP is standard operating procedures. Yeah. It’s a very [01:30:25] military term. They have a 600 page document for how to run a dental practice. No, not that it’s in the real world. [01:30:30] We’re a small business. We have limited resources. But what we do do is say the patient journey [01:30:35] should look like this.
Payman Langroudi: Mhm.
Mike Hesketh: You know, they should have x, y and z. Um the [01:30:40] support of the building itself, the building maintenance should look along the lines of this, [01:30:45] um, how we deliver certain clinical aspects like composites [01:30:50] or um occlusal rehabilitations, those [01:30:55] sort of things should look like this. And it’s important that people, um, have [01:31:00] a written protocol, but it’s a guideline. It’s not a it’s [01:31:05] people. People fall into rigid things really quickly. Right. Well, I’ll write a protocol on that. [01:31:10] It’s my worst nightmare. You know you want to set almost like a Bible. I call it a Bible, [01:31:15] you know? And you think about the Bible, you know, it’s not dictating you. [01:31:20] You are trying to follow a set of rules.
Payman Langroudi: Basic principles.
Mike Hesketh: Basic principles.
Payman Langroudi: You [01:31:25] believe in God.
Mike Hesketh: Um, yeah, I think I do now.
Payman Langroudi: Yeah, we’ll get to that.
Mike Hesketh: Yeah, yeah, [01:31:30] I do, I do now. Yeah, yeah, I do now. Yeah. Well, I believe in a higher purpose I [01:31:35] think. Yeah, yeah. Um, but but you’re talking about principles, whether [01:31:40] it’s Quran or whether it’s the Bible, you’re just, you’re trying to set a tone for the team. Um, [01:31:45] and it’s an ethos. And then that is then shared in a brand and [01:31:50] a brand book, and we tell a story for a book.
Payman Langroudi: It’s interesting. Yeah. Because you are pretty hands on. [01:31:55] That means. Yeah, because, look, I talk to a lot of corporates, right. In our world, corporates are a big [01:32:00] part of our world. And and I asked them that question sometimes if your logo is on top of [01:32:05] this practice, what does that mean from the patient perspective. Yeah. [01:32:10] And and some of them find that a very difficult [01:32:15] question to answer because.
Mike Hesketh: We just do dentistry.
Payman Langroudi: Yeah.
Mike Hesketh: But then they’re redefining dentistry, [01:32:20] remember.
Payman Langroudi: Yeah.
Mike Hesketh: That’s a that’s a cynical.
Payman Langroudi: Some of them do very well. Some of them do very well. Yeah. But some [01:32:25] of them do it very badly. Yeah. And and of course. But [01:32:30] listen, by the way. Yeah. You walk into a Louis Vuitton shop. Yeah. In Mumbai or [01:32:35] one in Auckland. You’re going to get this seven star experience in both of [01:32:40] those shops. And that’s a massive call. It’s a much bigger corporate than any of the ones in dentistry. So [01:32:45] it is possible to deliver superb service across a big thing. [01:32:50] More in products than in services. Yeah. But I’d argue walk into a Louis Vuitton [01:32:55] shop is a service.
Mike Hesketh: Yeah, it’s an experience.
Payman Langroudi: It’s an experience.
Mike Hesketh: They don’t they don’t really focus enough [01:33:00] on the experience. They focus enough on the product, you know, and when they’re trying to set their fees, um, [01:33:05] practice owners, they, they go well either compare to locally or to see what they [01:33:10] think they can they can push to.
Payman Langroudi: What’s your advice on that?
Mike Hesketh: Setting fees I mean, [01:33:15] looking at someone’s fee guide on a on a practice is like looking into their soul.
Payman Langroudi: Really?
Mike Hesketh: Yeah [01:33:20] yeah, yeah. It shows me. It shows me where they’re confident, where they’re not confident. So [01:33:25] if they.
Payman Langroudi: Solid example of that.
Mike Hesketh: Yeah. Well if for instance, if they, if they write it like an. [01:33:30] So treatment plan and expect a patient to understand the fee guide I’ll [01:33:35] say that they’re cluttered and they’re trying to um.
Payman Langroudi: They’re not looking at the business from the patient’s perspective.
Mike Hesketh: They’re not they’re not confident, you [01:33:40] know. And then there’s some areas where they’ll go into town on maybe the cosmetics, or they’ll go into town on the different [01:33:45] types of dentures or something. And you’ll see that’s where they’re really confident, and then they’ll just have one little fee for something. I [01:33:50] also think there’s a clarity. There’s not a clarity of thought. So there should be one fee for root canal. For [01:33:55] every root canal should just be one fee because it’s all the same value. Um, [01:34:00] yes, I know some take different times, but it doesn’t matter who delivers it in the practice, whether [01:34:05] they’ve got an MSC or whether it’s an associate. The patient is getting a root canal from Dartmoor Dental. [01:34:10] So it needs to be a certain price and it needs to have a certain audited success rate. [01:34:15] And so the fee is this it’s not an associate fee and an MSC fee and a specialist visiting specialist [01:34:20] fee. It’s just one fee. So if you look at our website, it’s one fee and it’s a front two for a back tooth because [01:34:25] the patient values the front tooth more than the back tooth. Sometimes that’s a generalism, [01:34:30] but they will very much value their front teeth hopefully. Um, and so [01:34:35] the fee should be one fee. So it’s a very clear clarity of thought. And if someone’s done that I know that they’ve really thought about [01:34:40] their proposition, their positioning, and they’ve worked really hard at it. But if you look at most practices, they’ve got fees all over [01:34:45] the shop for root canal, premolar, molar incisor, two stage, one stage. They [01:34:50] don’t know what they’re offering. They’re not they’re not thinking about the output. They’re thinking [01:34:55] about what it means to them, not to the patient.
Payman Langroudi: Yeah.
Mike Hesketh: Yeah. Um, that’s [01:35:00] a that’s an example.
Payman Langroudi: And what about positioning itself? I mean, would you tell Uh, someone who [01:35:05] wants to open a squad.
Mike Hesketh: To shortcut on positioning.
Payman Langroudi: Yeah.
Mike Hesketh: 40 year old [01:35:10] female in Western society. That’s a shortcut. So the reason why is [01:35:15] the 40 year old female in Western society is a decision maker for one one across, one down. And [01:35:20] so they will make a decision for their parents, make a decision for their partner and make a decision [01:35:25] for children. And that’s backed up by academic research that I did on my [01:35:30] MBA out of the United States of America. So they so if you want a shortcut in UK dentistry, [01:35:35] target a 40 year old female. What they like and a lot of the 40 year old female owners [01:35:40] basically just need to target themselves and their friends. That’s a shortcut. That’s an [01:35:45] easy one. On positioning. I would say that Exeter did that in the city centre and [01:35:50] also Dartmoor in a little town also does that, I think. Well, how’s [01:35:55] that work? Well. What does a 40 year old female in Little Town want? Versus what does a 40 year old female [01:36:00] in a city centre want. Different stages or different feelings about their life. [01:36:05] But usually it’s a higher standard than most people are willing to go to. It’s [01:36:10] a higher standard of cleanliness and, um, care [01:36:15] for children than people deliver. And empathy for children. It’s [01:36:20] a higher standard of, um, flexibility and, um, [01:36:25] ability to book appointments for their partner. And it’s a higher standard of, um, decor [01:36:30] and feeling and the senses, the smell, the sight, the the feel [01:36:35] than what most people are willing to work to. And so basically, [01:36:40] Lara, you know, my you know, my.
Payman Langroudi: Wife does that then follow a higher price as well.
Mike Hesketh: It ordinarily [01:36:45] as you raise raise standards and the experience using your Louis Vuitton um description. [01:36:50] If you if you do a bigger experience you charge more. And [01:36:55] so what happens is we have no real ceiling to our fees.
Payman Langroudi: And so was Dental [01:37:00] the most expensive practice in Exeter, and.
Mike Hesketh: We tried to push it 25% above the market. Um, [01:37:05] I mean, I’m sure there’s other sort of smaller practices that charge more for the [01:37:10] specialist skills of a single chair practice owner.
Payman Langroudi: But I find it really funny [01:37:15] that people commoditize in the sense I don’t buy commodities. I don’t mean drive prices down. [01:37:20] I mean that people think there’s a direct relationship between price and volume in a, [01:37:25] in a service like dentistry.
Mike Hesketh: Yeah. You’re right.
Payman Langroudi: Yeah, yeah. And people really believe that. You know, people believe if [01:37:30] I increase the price of my whitening, if I double the price of my whitening, I’ll do half as much. Or if I half the price, I’ll [01:37:35] do double as much. And it’s never like that.
Mike Hesketh: Not at all. Yeah. No, it never is.
Payman Langroudi: And it’s [01:37:40] not a direct relationship like it’s not. It’s not a commodity. It’s it’s something much more complex than that.
Mike Hesketh: It [01:37:45] is. And if you think about the risks that we take, both medical legally and for the patient, you’re essentially, [01:37:50] um, grievous bodily harm on a patient every 30 minutes if you’re doing a filling or and so, you [01:37:55] know, that’s a reasonably stressful job for people. And if you’re only going to charge £120 [01:38:00] for a filling as opposed to, you know, another commodity that you can [01:38:05] buy on the high street, be it whatever you are charging too little. Most of the UK dentistry [01:38:10] doesn’t charge enough for the level of risk that they take and the care that they take, but that’s [01:38:15] because the culture is based around the low fee NHS model. Yeah, [01:38:20] and I saw that the Chancellor had just announced a Competition and Markets [01:38:25] Authority investigation into private fees in UK dentistry. Yeah. Well say you set [01:38:30] that fee at a low level. You’ll go the way as Holland. In Holland they have a set fee [01:38:35] by the government and all the practices are struggling to make a profit. And they have to use [01:38:40] dental nurses to do fillings. And and they run three dentists run three chairs at once and they can’t make a profit. [01:38:45] I mean, the macroeconomic, um, deficit of, [01:38:50] of being involved in setting fees for private dentistry is just a disaster because essentially [01:38:55] you’re just going to have the UK reputation of poor teeth because of the NHS again, but you’re just going to [01:39:00] do it on a private level, and people aren’t going to be able to afford to use the itero scanners.
Mike Hesketh: The [01:39:05] enlightened, the, uh, to do the better quality kit and equipment and [01:39:10] service that people want to do is, you know, 99% of clinicians [01:39:15] want to do really high standard dentistry. They don’t want to, um, you know, put poor [01:39:20] quality fillings in. But the NHS system has always driven over decades, putting [01:39:25] poor quality work in and doing it quickly. I know that there are NHS dentists that don’t work [01:39:30] like that, but essentially it’s really hard to keep up with compliance if you don’t earn enough money. So [01:39:35] if they were to limit the private fee level. So if you think about that in reverse, there isn’t really a limit [01:39:40] to what you can charge privately if you get the experience right through the business. And [01:39:45] so it’s this whirlwind of an experience within the practice that we try and generate.
[TRANSITION]: Yeah. [01:39:50]
Payman Langroudi: I want to talk about your consulting clients. Some of my favourite [01:39:55] conversation I’ve had so far was with Zack.
Mike Hesketh: Oh, Zack and Gareth in Smile stories.
Payman Langroudi: I don’t want to [01:40:00] get Gareth on just to be more exposed to those guys. Um, but but what [01:40:05] I’m really interested in is. And we had Amber on. She hasn’t. We haven’t put that one out yet. Amber. [01:40:10] Okay. But but the. And I’ve had Nick and Nick and Martin as well. [01:40:15] Um, what I’m really interested in is when someone comes to you as [01:40:20] a consulting client, are their problems [01:40:25] very similar, or are they each very different? Because I know every practice [01:40:30] is very different. Having been to lots of practices, it’s very clear every practice is very different. [01:40:35] Yeah, but but the blind spots that people have that you can point out, like what [01:40:40] are the common things that people miss?
Mike Hesketh: No, I don’t think all practices [01:40:45] are the same, to be honest with you, with the, um, consultancy, I think that’s where you [01:40:50] go into coaching as well as when I did the Henley Business School coaching qualification. It was. [01:40:55] I felt like it was a hole in my armoury. So obviously consulting, I can tell people the right answer because [01:41:00] I live and breathe it. I walk the walk myself with my own practices. We have the growth that we’ve talked about, [01:41:05] but every practice that I work with has a different brand, a different positioning, [01:41:10] a different team, a different situation, different resources. And so a lot of the time I need [01:41:15] people to find their own answer, which is what coaching is. And that’s a top tip as well. To be a leader, become [01:41:20] a coach as a model called the growth model from John Whitmore. And [01:41:25] if you read about that, it’s one of sort of ten coaching tools that you can use, and [01:41:30] you can play with it in conversations with your team to get good at it. But when I’m having conversations with [01:41:35] clients on a Thursday morning, I often will slip into the growth model. What the goal is, what the reality [01:41:40] is, what the options and what will they do to get them to commit to something. And so [01:41:45] now when I’m working with clients on a 1 to 1 basis, like the clients that you talked about who [01:41:50] are fantastic in their own right, I divide it into four pillars. So leadership, [01:41:55] infrastructure, branding and financial command and control.
Mike Hesketh: And I [01:42:00] think that if they get that those four pillars sort of singing in their practice is 80% [01:42:05] of the way there. And obviously leadership I’ve got okay weighed off got lots of [01:42:10] qualifications in it through the military and through Cranfield University, all sorts of different places. [01:42:15] The branding is where I struggled with the most as I came out of the military, because [01:42:20] that’s where I leaned on Lara. But now I understand it a lot better and the infrastructure is [01:42:25] what I live and breathe, the physical and the digital infrastructure. So checkpoints, the flow through the business [01:42:30] and then the financial command and control. It wasn’t out there, so I had to build our own accountancy [01:42:35] to make that work. And so when I’m auditing clients in my head as I’m talking [01:42:40] to them each week, I’m looking at those four pillars thinking, okay, which are the hundred spinning plates that are [01:42:45] divided into those four pillars. Do they need to be working on at that time? And the answer [01:42:50] is usually what will increase turnover. So what thing will increase turnover. And [01:42:55] now turnover is vanity. But we do this one document called cash flow forecasting. So I [01:43:00] know how much money is going to be in Dartmouth’s account in a year’s time. I know that because most [01:43:05] things in dentistry aren’t reinventing the wheel. Like I said earlier. So clients [01:43:10] need a lot of, um, structure, I feel, in the consultancy and coaching. But [01:43:15] I’m happy that in my armoury, I’ve been formally qualified and taught [01:43:20] from recognised universities in this.
Mike Hesketh: And I think that’s important. I think just because [01:43:25] you’ve been in the game for 10 or 20 years doesn’t make you a consultant. Um, because you have to take people [01:43:30] with you on the journey, which I think is what you’re alluding to with with these owners of practices, [01:43:35] they struggle, um, to be told what the answer is. And maybe that’s why when we [01:43:40] both started out and helping people that only you can think of, a [01:43:45] handful of people have just done what we’ve said. So you go, well, is that them or us? It’s [01:43:50] probably us. Yeah, yeah. In our consultancy world. And you go, well, how can I coach them? How can I get them to find [01:43:55] their answer? And in a way, that’s the harder challenge. Yeah. I can tell someone how to grow a dental practice really [01:44:00] quickly. It’s fine. Um, I find it quite, um, you know, enjoyable, but [01:44:05] really, the coaching is is the real joy. And say, Amber Aplin at the moment. [01:44:10] Um, she won um, practice of the year in the North on Friday. [01:44:15] And considering where we were 18 months, two years ago and confidence [01:44:20] levels, um, the clinical excellence was always there. It just needed bringing out. It [01:44:25] just needed showing. And I said, well, most clients are too quiet about how good they [01:44:30] are. I’ve got a client who does a lot of choice, spending tens of thousands [01:44:35] on courses in in Seattle and America doesn’t tell anyone.
[TRANSITION]: Um. [01:44:40]
Mike Hesketh: But if I wanted a full mouth rehabilitation based on good occlusal principles, I’d probably [01:44:45] go see my client in North London. You know, they’re amazing. They’re [01:44:50] fantastic clinicians, but they don’t tell anyone. And so a lot of the time is trying to bring out that inner [01:44:55] confidence, um, and make them realise how good they are at, um, at [01:45:00] dentistry. Um, a lot of them have got a bit of I work with practices, you know, we’ve had some [01:45:05] resources behind them because I work on a 1 to 1 bespoke basis. So it takes [01:45:10] up time. So it’s relatively expensive, but hopefully they get value for it. It’s 12 months contract. [01:45:15]
Payman Langroudi: Do you mind me asking how much it costs?
Mike Hesketh: No, it’s, uh, 3300 a month plus [01:45:20] that 1 to 1. Um, and it’s a set, 12 month contract, and [01:45:25] I’m not a gym membership, so I won’t be there after 12 months. Um, that we can just carry [01:45:30] on rolling that on. They can message me, and then we always. I become friends with the owners.
Payman Langroudi: 2300. [01:45:35] How much is that a year? 40.
Mike Hesketh: So it’s about I think it’s just shy of 50 grand investment. [01:45:40] And they only work with three practices at any one time. So I’m.
Payman Langroudi: Three. [01:45:45] Only three?
Mike Hesketh: Yeah, I started at ten. Um, I was at ten. [01:45:50] And whilst trying to build Dartmoor and become a better clinician and actually try and be a father [01:45:55] and do all, everything else, it was too much. So I’ve rapidly, um, as patient [01:46:00] as clients have dropped off, I’ve just created a waiting list and I just [01:46:05] say to clients, look, I’m full for 2026, but, um, you can [01:46:10] always message me and I’ll always talk to you, and things happen. You know, people do drop off [01:46:15] eventually, and then I’m ready then for another client. But what I try and get clients [01:46:20] to do is grow £500,000 per year. Um, so that’s painful. And that requires [01:46:25] a lot of intense effort from me and my team.
Payman Langroudi: Based on the 20% number, [01:46:30] though, that means they have to increase their turnover by 250,000. [01:46:35]
Mike Hesketh: Yeah, we aim for 500.
Payman Langroudi: To pay you.
Mike Hesketh: Yeah.
Payman Langroudi: And [01:46:40] then the other 250,000 is. This. Yeah. Gravy.
Mike Hesketh: Yeah. And [01:46:45] also that’s another.
Payman Langroudi: I guess what they’re paying you that’s going to last them a lifetime.
Mike Hesketh: Well that’s another it’s 500 [01:46:50] grand every every year isn’t it. Yeah. Um, yeah. And it’s just to have the same rapid [01:46:55] growth that we have in our practices. And because we do it ourselves, we know what we’re doing. And it’s quite easy [01:47:00] for me to see through a lot of systems within practices. Now, I’ve seen so many. I’ve worked with [01:47:05] 50 practices on a 1 to 1 basis throughout the country. And, you [01:47:10] know, they um, I think that I’m better at selecting clients [01:47:15] now that will go with. Yeah, yeah. That will I think [01:47:20] that’s something over the 5 or 6 years that I’ve been doing it that I’ve got better at and said, actually, [01:47:25] I’m not sure they’re in the the right state to listen. I think they might want to be, you know, [01:47:30] more antagonistic with the advice. And, and I turn more clients [01:47:35] down than I take on.
Payman Langroudi: You not ever minded to talk to a private equity [01:47:40] guy and make your own little mini corporate.
Mike Hesketh: Yeah. Um, [01:47:45] I wrote a dissertation on it on the MBA. Um, obviously, we we have a certain [01:47:50] system that works in growing rapid practices. Um, it might be the next [01:47:55] stage. I said earlier, I’m at a crossroads between consulting, clinical buying [01:48:00] a practice, I think, by, um, doing a corporate or building a group, [01:48:05] um, is not without its energy drain. And. [01:48:10] Yeah. And so you have to be certain that you want to do that. And we’ve met some really lovely people [01:48:15] that have built corporates and, you know, independent corporates sort of ten, 20, 30 [01:48:20] practices. And and they have that energy to do it. And so it’s just I just need to be careful [01:48:25] with what I do next that I want I really want to do it as a purpose. And maybe [01:48:30] um, that might be an option. I get offered practices all the time to buy, um, good [01:48:35] practices as well. Nice ones. So yeah.
Payman Langroudi: I think the model that might work really well is you’ve got an attendant [01:48:40] is working in this practice as they want to go and open their own [01:48:45] practices. They open corporate satellites. You know, [01:48:50] maybe the Dev Patel model, the 5149 model.
Mike Hesketh: Yeah. But yeah, there [01:48:55] is um, there is a corporate like that in the southwest already. Um, and they do very well with it. They’re [01:49:00] up to 7 or 8. They’re my friends. Um, and then they have a structure where the owner owns [01:49:05] part of it. You’re right. Um, and I think these are innovative ownership structures. I’m just not [01:49:10] sure that they deliver dentistry as differently to each other. You know, when you come to the [01:49:15] face of it. And, um, I think that ownership of practices, [01:49:20] um, is something that is an option for us. And [01:49:25] we could do it. I always thought we’d do three practices and try and make ten get to 10 million turnover, [01:49:30] but that’s like such an arbitrary number. What’s the point? You know, you go, well, I [01:49:35] can pretty.
Payman Langroudi: Much your financial planner said, oh, if you do that then you can retire.
Mike Hesketh: And I could retire [01:49:40] now. So, you know, I could sell and retire now. You know, I’m 44, but, um, so [01:49:45] it’s more of what’s the purpose? And my wife is all about purpose, and I don’t think [01:49:50] she’d let me just buy something like Exeter again just for the sake of buying it. Um, [01:49:55] and in a way, we wanted to do Dartmoor an hour away from [01:50:00] us, um, in a harder location. Um, just [01:50:05] to prove that the first time wasn’t a fluke. Um, and it and hope, you know, luckily and [01:50:10] with a, you know, a bit of grace, we’ve, we’ve managed to have a success of that, um, of the second [01:50:15] one. But if you think about, you know, we’ve built a house, um, we [01:50:20] built an architectural house. Um, so we have that.
Payman Langroudi: What, like a grand design? [01:50:25]
Mike Hesketh: Yeah, yeah. Lovely. So when we came back from, um, uh, travelling with the bungalow [01:50:30] opposite was for sale on the river on the River exe. So we, uh, we bought the bungalow and knocked [01:50:35] it down and built a big, um, you know, architectural house. So, um, [01:50:40] overlooking the river. So we’ve got that, um, I think as a want really, I think [01:50:45] as a want. And at the moment, I really enjoy the private dentistry awards on Friday night, [01:50:50] bumping into so many people that we both know and enjoying ourselves and, [01:50:55] um, having a lot of joy from my accountancy firm, [01:51:00] my consultancy firm from Dartmoor itself. Um, I [01:51:05] suppose I should.
Payman Langroudi: If it ain’t broke, don’t fix it.
Mike Hesketh: Yeah, yeah, there is that. And I quite like the [01:51:10] diversity of the week. I don’t work a Wednesday, so I go and watch my children do sport on a Wednesday afternoon. And [01:51:15] so I have a little mini weekend in the middle of the week. And I’m clinical Monday, Friday. And then [01:51:20] I do my consultancy on a Tuesday Thursday. So Tuesday I go and see them, um, if I have to see them. [01:51:25] And then on a Tuesday, on a Thursday doing my zooms, and then I follow up in the afternoon with anything written [01:51:30] that I need to write for them. Um, so yeah. 5050 between Dartmoor and the [01:51:35] consultancy. But it’s got to the point where I don’t need to be clinical at Dartmoor and financially, [01:51:40] you know, especially put the ninth chair in this week. So yeah, [01:51:45] it’s um.
Payman Langroudi: Is your advice to your consulting clients to do less dentistry? [01:51:50]
Mike Hesketh: Yeah. It used to be, um, now I call it ration as [01:51:55] again, military term rations, um, rationing dentistry because obviously [01:52:00] I’ve gone the other way. Now I’ve become enlightened. Um, I’ve ended up doing more dentistry. [01:52:05] So I used to say, oh, you know, if you want an associate led practice, you need to do this, that and the other and you can do. But [01:52:10] I would find it quite odd not being a clinician now, um, because I’ve [01:52:15] booked on Ambers, uh, second course, which is coming up in the, in the spring, I want [01:52:20] to go and do an occlusion course. So I’m open to suggestions on occlusion, like how to really understand it. [01:52:25] I think it’s a real gap in my armoury of clinician clinical work. I want to be able to do [01:52:30] a full mouth rehab. Um, and so, yeah, these are the [01:52:35] things that I want to be doing. And I’ve been looking at Tipton’s courses, um, and I know that there’s people [01:52:40] around the country who do really great occlusion work. Um, yeah. [01:52:45] So we’ve got the options of doing lots of different, different bits. I’m at a crossroads, [01:52:50] really. Um, which is a nice place to be, because 18 months ago, Dartmoor wasn’t easy. [01:52:55] Um, it was full on. It was on a calf strain. But because we, [01:53:00] um, do a cash flow forecast, we know we knew it would be fine, but we [01:53:05] were investing so much and we put £1 million into the place already. But we’re actually a month ago [01:53:10] we’ve refinanced it. So yeah, we’ve managed to refinance it and borrowed another 500 grand on top. [01:53:15] Well, so the idea is, is that we keep that going as a business, a ten chair [01:53:20] that, um, is stable, growing it, driving the standards higher still. [01:53:25] Um, to keep up with some of the consulting clients that I do. Um, [01:53:30] yeah, that I work with.
Payman Langroudi: What’s what’s been the darkest day? I don’t mean military, [01:53:35] but.
Mike Hesketh: Not in the military.
Payman Langroudi: Dental.
Mike Hesketh: I think it’s pretty dark in the military. Yeah, exactly. Yeah. [01:53:40] Um, but relatively relatable for people. Um, I [01:53:45] think before I bought Exeter, I think I came off the back of that [01:53:50] coaching meeting with eight people in the room and hearing the negativity who are more experienced than [01:53:55] me. I remember going out in the middle of the night and doing, uh, push [01:54:00] ups and runs like at midnight and just going, oh, [01:54:05] and, you know, this is really hard work. And I’ve always felt like physical exercise, always, [01:54:10] you know, endorphins. And it makes you feel good. Um, and so, but I’m a [01:54:15] bit allergic to physical exercise, so I have to force myself to do it. Um, so, yeah, I, [01:54:20] uh, I had to go for a run. I would say, you know, that was probably the closest. That was in [01:54:25] 2013. That was the most difficult time. Um, but since [01:54:30] then, I mean, it was fine. Within a few days, it was all right, but it was just like, wow, gosh, [01:54:35] there’s so much pressure. But I suppose your capacity expands as a person to [01:54:40] deal with complexity. Yeah. Um, I mean, Dartmoor, when we bought it, um, I made [01:54:45] some wrong turns at the beginning, and I had, um, um, an [01:54:50] established team, um, from Exeter that, [01:54:55] um, the manager that had brought down was good in a smooth [01:55:00] sea, um, but wasn’t good in a rocky sea.
Mike Hesketh: The manager from Exeter bought. [01:55:05] I bought in right at the end, after everything was done by the team. And then all of a sudden [01:55:10] they started with Dartmoor and they couldn’t do the build phase. They didn’t know what they were doing, they didn’t know how to practice, [01:55:15] manage essentially because I didn’t realise it. But Exeter had a team of 50 people and they did everything [01:55:20] for this manager and they walked, you know, they talked the talk but didn’t walk the walk and [01:55:25] that was kind of known around Exeter. Um, but unfortunately, this this manager [01:55:30] was um, at, uh, um, say, you know, are you are you on [01:55:35] board with this or not? And she self-selected to leave. And then I brought in the actual [01:55:40] team from Exeter who did do it, the sort of, you know, the, the real quality, [01:55:45] um, people who had the ethos of the business and then they came in.
Payman Langroudi: So [01:55:50] lost all those people.
Mike Hesketh: Yeah. Eventually. Eventually, I mean, years later, you know, [01:55:55] years, years and years later, five years later. But yeah, then I brought in the quality sort of the [01:56:00] front of house lead. And, and the practice manager at Exeter was a lady called Corina. [01:56:05] And then she came down and stayed, steadied the ship and she is good. She was the first employee [01:56:10] we had in Exeter. I just didn’t realise how much she did in Exeter towards the end and she was the actual driving force [01:56:15] of the business and she came down to Dartmoor and she did all of the, um, sort of leading of the team for us. [01:56:20] Um, and then, um.
Payman Langroudi: Do you recommend to incentivise the [01:56:25] team.
Mike Hesketh: Um, we do one incentivization. So we do one key [01:56:30] performance indicator. Everyone overcomplicates this because it’s dentists. So you’re only allowed to do one key performance indicator. [01:56:35] So if you want to embed a culture within your business say Google reviews, um, how many whitening starts [01:56:40] you do you incentivise the whole business around that one key performance indicator. And [01:56:45] so, um, everyone needs to know on a daily basis where they’re at, and it’s a monthly target. [01:56:50] And so what we do then is either do them a lunch, a warm lunch, because we gamify it, um, [01:56:55] and we talk about it in the morning huddles and um, or we used to give £50 [01:57:00] a month to every staff member, but it didn’t matter whether you were the decomp person or you were the front of [01:57:05] house and you were in charge of selling memberships, whatever the target was, whatever you wanted to embed in [01:57:10] your business. So Google reviews for Exeter. We sold it when it had about 150, 160. [01:57:15] It’s now got 500. Now, I’m not sure Google are very good at getting Google reviews. There [01:57:20] was a culture embedded into the business at Dartmouth has gone from zero to over [01:57:25] 400 quickly by embedding a key performance indicator.
Payman Langroudi: So would you change it every [01:57:30] quarter or so?
Mike Hesketh: We change it every 6 to 9 months. We embed the culture, then [01:57:35] we’ll change it. But there is a there’s a good ideas club in UK dentistry consulting. [01:57:40] Where.
Payman Langroudi: What do you mean.
Mike Hesketh: You’re paying me. So I’m going to give you a spreadsheet to do. It’s [01:57:45] too much data. Yeah. Um, owning a small business, I know how much resources [01:57:50] I’ve got in my own head. I know how much resources operationally my team have. And [01:57:55] so I think a lot of consultants justify their existence by giving spreadsheets to people to fill [01:58:00] out. And they just layer on, layer on, layer on spreadsheets and key performance indicators. [01:58:05] So often when I come into practices that have been coached or consulted [01:58:10] with in the past, I have to delete most of it. And I have to say, right. Simplify, simplify simplify. [01:58:15] And we want to embed a culture. And so I spend most of my time deleting stuff to be honest with you, in [01:58:20] practices that are over overcoached. But that old adage you can’t manage what [01:58:25] you don’t measure. It also works in the other way. You can’t measure everything you’re trying to manage. And you, you. I [01:58:30] just say to people, measure what you can have influence over, measure [01:58:35] what you really can have an effect on the business. Stop measuring everything just because [01:58:40] you can, because the dashboard. And if you have to fill out spreadsheets, make it like [01:58:45] an automated dashboard and make it automated. Especially now with AI and [01:58:50] all the back end stuff. You don’t never fill out a spreadsheet. You know, if it can’t be automated, [01:58:55] don’t bother.
Payman Langroudi: But the kind of KPIs that you do focus on from the management perspective. [01:59:00]
Mike Hesketh: Yeah. So financially we go by the Nasdaq. So we do quarter. The [01:59:05] quarterly management accounts are important for the banks. Yeah. And they benchmark you [01:59:10] and you do what’s called exception reporting right. So you look at things that just outline. So you don’t discuss [01:59:15] things that are in in the realms of normality. You either something that’s going really well or something [01:59:20] that’s going really poorly. And you look at that as a financial, so you can look at the percentage of your turnover of [01:59:25] the wage cost, for instance. But even that’s difficult nowadays with the advent of therapists, especially if [01:59:30] they’re employed, and we actually have an employed dentist. So and which I think are the way the market is going [01:59:35] anyway, because we create this playing field where they can excel. I don’t know why we would make keep someone [01:59:40] associate self employed. So that might be a change that’s coming in the future. It [01:59:45] might not be. So yeah we use financial benchmarking and then we have a [01:59:50] great front of house lead at the moment in Dartmoor called Rob. And Rob’s come from a [01:59:55] different backgrounds and one of them was corporate, and he has a load of data and spreadsheets that he is [02:00:00] sort of well-versed on doing. And so it’s unpicking a bit of that, but [02:00:05] also recognising the value of what Rob is the front of house. He focuses on his [02:00:10] own key performance indicator of occupancy. And actually that’s really valuable for the business. [02:00:15] But the whole team don’t know about it. But he and I discuss it, and what I try [02:00:20] and do is I fit the business into a cadence, a rhythm.
Mike Hesketh: And so he and I will. He and I will have a [02:00:25] vent point every two weeks. Sorry. Every month where it’s a board meeting sounds [02:00:30] a bit grand, but myself and the key lieutenants in the practice, um, the heads [02:00:35] of the departments, will then sit down and we will make the decisions, and they’ll each sort of talk [02:00:40] about where their departments at, and then we’ll in front of each other and I’ll spend 1 to 1 time with them. [02:00:45] So it’s a whole day every every month. And I’ll just basically try and support them and help them and give them [02:00:50] more resources towards what their challenges are. Um, and so he we talk about occupancy [02:00:55] and customer service. And then for someone else, it might be compliance for their, um, [02:01:00] uh, practice administrator or building maintenance for them. Practice manager. It might be HR, [02:01:05] um, issues that we have with that job descriptions, training agreements. Um, [02:01:10] but yeah, it’s um, it’s important that you fit the business into a rhythm, [02:01:15] a cadence. So it all moves forward together quickly. Um, but there’s also a vent [02:01:20] point. So they meet on a fortnightly basis to vent any issues. [02:01:25] And what by having a rhythm to the practice, you end up with a business [02:01:30] that has, um, a place where the nurses know that if they tell their team leader, [02:01:35] it will be discussed with the other people if there’s a problem within what’s happening. I also think it’s [02:01:40] important, as the owners, that we’re not in those meetings.
Payman Langroudi: Um.
Mike Hesketh: Because there’s a lot of things that [02:01:45] the team don’t really want us to know.
Payman Langroudi: Yeah, it.
Mike Hesketh: Comes back to that as wielding, you know, too much power. [02:01:50] And so they don’t really want us to know everything about themselves. And they want the problem solved on a local [02:01:55] level, which is fine. I don’t need to know everything. I need just need to know the safety stuff. [02:02:00] And I need to know, um, you know, the really high performance stuff, you know, um, [02:02:05] and we try and create a safe environment for the, um, for the team. So that [02:02:10] work is a good place, a good part of their life. And that’s very important to me. So [02:02:15] yeah, the rhythm of meetings, clinicians, meetings on a quarterly basis, [02:02:20] the annual appraisals happen every year. I always find it odd in the military where you get given [02:02:25] the rank and you don’t do your one job, which is to report on the 30 people that are underneath you. And [02:02:30] your job is to do that. So we make sure that we do annual appraisals and training [02:02:35] plans for everybody and everyone on a course at any one time. The [02:02:40] standards with all the four pillars that I talk about, um, I try and push everyone into. [02:02:45]
Payman Langroudi: Very impressive, man. And you know, what’s more impressive is like your humility around it. If you haven’t [02:02:50] got the hubris that you would expect for someone who’s done what you’ve done, let’s face it, quite a young [02:02:55] age. Yeah.
Mike Hesketh: Thank you.
Payman Langroudi: How old are you?
Mike Hesketh: I’m 44 now. Um, I was 35 [02:03:00] when we sold Exeter. 30 when I left 35. Yeah. So it was [02:03:05] like winning the lottery? Yeah, it was cool. Um, but. Yeah. So, I mean, I’ll talk [02:03:10] to my wife yesterday, actually, we were talking about sort the next phase because our children are 13 and 11 [02:03:15] now. And so there’ll be a stage where they’ll be leaving school. And what do we do after that? Do [02:03:20] we stay in the West Country? Do we, you know, what do we do?
Payman Langroudi: Follow the sun again.
Mike Hesketh: Follow the sun again. Yeah. [02:03:25] And, um, but I think we we like the excitement. We like the buzz of London. Um, [02:03:30] we like, um, sort of business opportunities. Um, I [02:03:35] don’t worry about them anymore. Um, because obviously we’ve had an exit already. We’ll [02:03:40] probably have another exit within ten years with Dartmoor, but everyone knows that. Um, and [02:03:45] so, um, yeah, we’ll keep Dartmoor until the children at least finish school. [02:03:50] Um, and then, like you say, there might be just an opportunity too good to [02:03:55] not buy another practice because. Because Tottenham was bleeding cash. So, you know, it might be the [02:04:00] point in a year where we go. Right. Well, we should actually buy something near as it makes, you know, it’s an opportunity [02:04:05] that someone’s come to me with.
Payman Langroudi: You know what the worst thing about being a dentist? Now I, [02:04:10] think crystallise this for you when you stop. The best thing about [02:04:15] being a dentist and the worst thing for me. The best thing. The human connections, you [02:04:20] know, wonderful thing. And you miss it when you don’t have it. Yeah. The worst thing about being a dentist is [02:04:25] literally turning up, having to turn up. Um, it sounds strange [02:04:30] to say it, but.
Mike Hesketh: Yeah, I know what you mean. You’re constrained by eight hours in the same place.
Payman Langroudi: By the building. [02:04:35] Almost.
Mike Hesketh: Yeah, yeah. So you’ve got to be there.
Payman Langroudi: If I were you, I would look at sell that [02:04:40] one eventually or sell whatever practices you’ve got. By the time the kids are 18, 21, [02:04:45] whatever it is. Yeah, but the consulting business really pushed that into remote. Yeah. [02:04:50] And then literally follow the sun and continue with the with the consulting. Consulting.
Mike Hesketh: Yeah. That, [02:04:55] that.
Payman Langroudi: Because that is something you could do from New Zealand. Well New Zealand is a bit difficult, but someone from something you could [02:05:00] do from South Africa. Yeah. For the sake of the.
Mike Hesketh: Argument, I never thought that we’d build businesses in proper business, [02:05:05] you know, and I don’t say that like dentistry is proper business, but where the barriers to entry are so low [02:05:10] that anyone can be a consultant. And I think, I think there is a market for high standard consultancy. [02:05:15] When I see what people offer out there and try and advise, and the fact that I go into practice [02:05:20] is and undo most of it, um, and try and, you know, especially with the numbers and things.
Payman Langroudi: Um, [02:05:25] when you sold Exeter, you got to pay out and [02:05:30] you didn’t have to stay at all.
Mike Hesketh: Yeah. It was a walk away deal. Yeah.
Payman Langroudi: So did you do you think you got less because [02:05:35] of that?
Mike Hesketh: Yeah.
Payman Langroudi: Or you didn’t care? You wanted to walk away?
Mike Hesketh: Yeah. No, it was a purpose. Um, [02:05:40] I mean, it was six times, so that’s an okay EBITDA. Um, yeah. [02:05:45] So we just, um, the walk away was, [02:05:50] um. I think if you heard a bhatner. No, um, [02:05:55] it’s a term for negotiation. Um, we did we did a module on it on the MBA, which is best alternative [02:06:00] to a negotiated agreement. How do you walk away from the table and keep what you’ve got? [02:06:05] So the best alternative was just keeping the practice, making 500 grand a year, not having any [02:06:10] influence on it really, other than the full morning huddles. But the problem is, as you know, there is a noise [02:06:15] in the back of our head as entrepreneurs of business owners that have to think about our [02:06:20] businesses a lot. And even if I said that I wasn’t clinical and [02:06:25] I said that I wasn’t running the business, my house was still on the line. And, [02:06:30] you know, the before, it would have an opportunity to to fall down if I [02:06:35] wasn’t, um, influencing it possibly. I don’t know, after a year or two, you might [02:06:40] start going downhill. Losing the associates loses its feel. And so it [02:06:45] wasn’t really an option just to keep it and then go travelling for a year. Um, [02:06:50] the aim was to to have a break sort of midlife and have the best year of my [02:06:55] life. And I mean, everyone talks about this, but then hardly anyone does it. Yeah, yeah. So [02:07:00] so we just did it. And it’s the same as like building your own house. You just did it and [02:07:05] buying a business just did it. And doing the commando thing and just trying to achieve stuff, you know. And [02:07:10] then the next thing, there’ll always be business opportunities. You know, now that we’re wiser and [02:07:15] connected as well network with I find my network as well is just lovely [02:07:20] people like and genuinely I just, you know, I meet with really caring individuals [02:07:25] all the time that want to build family wealth and time wealth for themselves. And [02:07:30] we’ve mentioned a few names either here or before, and they’re just all lovely people. [02:07:35] Um, and so.
Payman Langroudi: I think we’re very lucky in dentistry, you know, in, in that sense. [02:07:40] Yeah. It’s a very friendly community. Yeah. A small enough that you can [02:07:45] know loads of people. Yeah. And then as a business, I mean, I [02:07:50] don’t want to be reductive about it, but I’ve been to maybe a thousand practices. [02:07:55] Right? And I’ve met all sorts of people. Very alpha people. Yeah. [02:08:00] Totally beta. Whatever. Is that a thing?
[BOTH]: Yeah, I know what you mean. Yeah, yeah. [02:08:05]
Payman Langroudi: Totally different types of people. Um, running successful businesses [02:08:10] by. You know, I know it’s much more complicated than this, but being good [02:08:15] to your patients, being good to your staff, it’s almost.
Mike Hesketh: Go a long way.
[BOTH]: From. [02:08:20]
Payman Langroudi: That’s that’s a simple thing.
Mike Hesketh: There is that. But but also you can [02:08:25] dope your business. You can financially dope your business by being a clinician. You can put half £1 million turnover [02:08:30] across your business, which solves a lot of business issues that say, you know, you’ve got a product business, [02:08:35] how you describe it, really. But, um, you’ve got a business where you can’t, you know, dope your [02:08:40] business. So it’s built on different principles. And, um, [02:08:45] I think you’re right, being nice and kind and gentle, it gets you so [02:08:50] far. But a lot of the time it comes at the cost of time. And people that contact me [02:08:55] have one and a half, £2 million businesses that unfortunately are [02:09:00] enveloping their time and they go, well, how do you go have a Wednesday off [02:09:05] every week? And and you run 4 or 5 businesses. So I take them through those principles. [02:09:10] And I only work with the old New Zealand no [02:09:15] dickheads thing. I kind of do. Um, the thing about [02:09:20] the Royal Marine Commandos to go back to that is, um, I [02:09:25] mean, don’t get me wrong, there’s all different types of people, but, um, the lads will [02:09:30] quickly find you out if you are inauthentic or [02:09:35] you are selfish. There there [02:09:40] is a very it’s a very good environment for that. Um, and [02:09:45] they are very honest with each other about high performance. And if [02:09:50] you look at the successful sports teams, they’ll go down to Lympstone, which is where they [02:09:55] train the Royal Marine Commandos, which is the longest course in NATO. Um, and like I say, makes [02:10:00] up about 70% of UK special forces. And there’s a reason why the England rugby [02:10:05] team do 2 or 3 days down there, and they get a report on each of the players on their mental attitude [02:10:10] for pressure. Um, it’s a very levelling [02:10:15] playing field, whether you’re super tall, super short or middle [02:10:20] like me, you end up, um, struggling with something.
Mike Hesketh: You [02:10:25] leave a struggle on the load carries or you struggle on the anaerobic physical activity. And then it’s [02:10:30] what you do when it when they want to see your weakness and what you do in your weakness. [02:10:35] It might be you. Not very good with lack of sleep. You might not be very good with the cold, [02:10:40] you might not be very good with the heat. And so they always that everyone [02:10:45] will fail something on the course where they need the person next to them to get them through it, and [02:10:50] how they react to that. And so it’s a very humbling experience [02:10:55] to go through the commando course. Yeah it is. And and so you, you take [02:11:00] that into consultancy. You know, everyone has weaknesses. I have lots of weaknesses. I, I admire [02:11:05] creative leaders. I’m a type of leader. Uh, Lara raises the [02:11:10] energy of the business when she turns up and but her worst nightmare would be having an awkward conversation with a staff member. [02:11:15] And she doesn’t want to be responsible for anyone else’s work. But everyone follows her. She’s so different [02:11:20] to me. The clinical leads are different. They’re cerebral leaders based on evidence. You know, [02:11:25] you don’t have to be a mike esque if you can be your own type of leader. So when I’m working with consultants [02:11:30] and clients and these nice people, I want them to I want to understand how they operate [02:11:35] and what makes them tick, um, really deeply understand it. [02:11:40] And to do that, you can’t do it. I don’t think, on the groups. I think I need to do it on a 1 to 1 basis, [02:11:45] which is I find it more valuable mentally and enjoyable. [02:11:50]
Payman Langroudi: Excellent. Final question. Yeah. It’s a it’s a [02:11:55] fantasy dinner party.
[BOTH]: Yes.
Payman Langroudi: Three guests, dead or alive? [02:12:00] Yeah.
Mike Hesketh: Probably wouldn’t mind my dad. Uh, yeah, that’d be [02:12:05] good. Um, don’t really remember conversations with him, so that’d be good. Going back to that. [02:12:10] Um, I had a mate, John Thornton, killed in Afghanistan, uh, [02:12:15] landed in the UK, and I put my bags down on the living [02:12:20] room. We got away, got away? We had one man killed in a whole tour. [02:12:25] We had a very good officer in charge, commanding officer, and we got away with it until [02:12:30] the last 2 or 3 weeks. And we lost John and his colleague. Um, [02:12:35] and he was 22 years old, and he was an [02:12:40] amazing soldier. And I talk about him. I’m doing the quarter talks at the moment for Chris, and I talk about [02:12:45] that. Um, it would be lovely if he was still around. Um, and [02:12:50] then probably inspirational. I don’t know, it’d be quite funny. Sat there with Muhammad Ali, [02:12:55] probably in his prime. Um, I always, I just, I always followed Muhammad Ali when I was little and [02:13:00] enjoyed that.
Payman Langroudi: So when you’re going into a tour, you’re very aware of that, that not all [02:13:05] of you are going to be coming out?
Mike Hesketh: Yeah.
Payman Langroudi: Is that like you really? Everyone understands that?
[BOTH]: Yeah. Yeah. And [02:13:10] everyone knows because.
Mike Hesketh: Because it only. How is it. How is that in it when it was worst. Because [02:13:15] 2005 the Paras was when it kicked off. Sorry Eric. [02:13:20] Five it was called. So every six months is given a number. So Herrick five was [02:13:25] where it really got bad. And then Herrick six and then it was us [02:13:30] in Herrick seven and alternating between the paratroopers and the commandos. [02:13:35] As the spearhead elite forces in UK, soldiering was [02:13:40] what needed to happen to control the Taliban at the time. And we never lost a gunfight. We just, [02:13:45] um, lost the the war in a way. But, um, [02:13:50] never lost the battle. Um, Maybe the political war. I don’t know. But, [02:13:55] um. Yeah, you know, that people are gonna, you know, and so they make you fill out, [02:14:00] um, a will and they, like, on a piece of paper, and then they make you write a letter [02:14:05] to your to. I was engaged at the time, wasn’t married, but my grandma died. [02:14:10] And so bearing in mind my dad had died. So my grandparents, his parents helped raise [02:14:15] me. There were a couple hundred metres away in our small town in Wales. And so they raised me. And my [02:14:20] grandma died while I was in Afghanistan. Mhm. And so I just got a phone call from Lauren. She said, look, [02:14:25] I’m sorry to tell you, I didn’t tell, I think I told [02:14:30] Laura, but I didn’t tell my mum that I’d gone forward. I told everyone I was still in the camp back in the [02:14:35] desert, a bit like mash, you know, like volleyball and all that lot, even though it was [02:14:40] horrendous. Um.
Payman Langroudi: Going forward means getting to front line.
[BOTH]: Yeah, yeah, yeah. So there’s a, there’s.
Mike Hesketh: Like [02:14:45] a massive base in the middle of the desert that the Taliban can’t get anywhere near. It’s never attacked. And then and it’s got [02:14:50] all the firepower in the world. All the planes and the Apache gunships. And then when you [02:14:55] go into the valley, there’s a town, and then there’s satellites around it in the agricultural areas where the population is. [02:15:00] So then that’s where that’s where all the gunfights. And they’re.
Payman Langroudi: Much more vulnerable.
[BOTH]: There. Yeah.
Mike Hesketh: And so [02:15:05] they I mean, we’d be in a gunfight and the Apache gunship would come overhead and and [02:15:10] open up on the hillside in the distance and rain down fire [02:15:15] to drive the enemy off. Um, and also Harrier jump jets. And that’s [02:15:20] why Prince Harry was with us. Because Prince Harry’s job was to talk to the [02:15:25] Apache gunships and the Harrier jump jets to drop bombs. It’s called a Jtag Joint tactical Air [02:15:30] controller. And he was in the valley next to us in Muscala, and, um, [02:15:35] but he had to call in the air support with our jetpack, and so he on. [02:15:40] Before you go, you do, um, training together. And so I slept in a tent [02:15:45] with Prince Harry for a week. Um, not on our own. That would have been a bit weird if [02:15:50] we’re on our own. Um, but he, uh, you know, he’s made some interesting things, but he was he was attached [02:15:55] to us for a week. Yeah. So he did some training with us, and then it was when he was really young, and he was a very [02:16:00] good soldier. Um, and so, um. Yeah, he he [02:16:05] was in danger. He was he was in danger on his first tour when he wasn’t a pilot [02:16:10] and when he was a soldier on the ground. Yeah, he was on very. And that’s why they had to whip him out. Actually, John [02:16:15] Thornton, the chap I mentioned earlier for the dinner party, he did an evacuation [02:16:20] radio. The next time I heard John Thornton, after being with [02:16:25] him in Kajaki Dam, there was a hydroelectricity plant the Taliban were trying to blow up.
Mike Hesketh: We were trying to [02:16:30] bring electricity to the valley. So John’s company of men were to protect this hydroelectricity [02:16:35] plant. And I spent a couple of weeks with him, watched a movie with him about the mujahideen [02:16:40] killing everyone in that valley a few decades earlier. A bit of like morbid, morbid entertainment [02:16:45] in the evening. And then, um, the next time I heard him was in a different base, [02:16:50] and they say something called contact. Wait out. And all the radios die straight away because [02:16:55] someone’s hit a mine or someone’s in a gunfight, and they need the airline. And, um, it [02:17:00] was John Thornton, and he was so good on the radio, so calm. And [02:17:05] he was evacuating a marine that had lost an arm and a leg called Ben McBean. That [02:17:10] was Ben McBean that was put on the helicopter on the plane back to Selly Oak that [02:17:15] Prince Harry was evacuated with. When the Aussie journalist announced that Prince [02:17:20] Harry was in in Afghanistan and put him at risk with the Taliban. So he’d done about 3 or [02:17:25] 4 months on the ground and got his soldiering in. But then he had to be evacuated because [02:17:30] he became a target for everybody. Um, the men around him as well. And so he [02:17:35] was on this plane looking at Ben McBean. Ben McBean was evacuated by my mate John Thornton. Now, [02:17:40] that’s what inspired the Invictus Games. So the Invictus Games that Prince [02:17:45] Harry was was him staring at Ben McBean.
Mike Hesketh: Remember, Dean was Charlie Company, 40 Commando. [02:17:50] So he was one of us. And so that’s what the Invictus Games came [02:17:55] from, you know. So, yeah, you know, when you go that [02:18:00] you are going to lose friends and get injured. And I had a very [02:18:05] sane conversation with a friend with my Singapore friend who was a reservist, [02:18:10] the ship’s chap. He, uh, we had a conversation in the back of the wagon at [02:18:15] one point where we rationalised, look, if we, what would we accept [02:18:20] to get out of Afghanistan? Um, and we we decided that a below [02:18:25] knee amputation was acceptable. Weird. Like, who has [02:18:30] conversations like that? I was a dentist. Well, and I [02:18:35] vividly remember it. And he wrote it in his journal and he was a good journaler. So he he’s brilliant because [02:18:40] when I post on LinkedIn about being a dentist in this environment, he will [02:18:45] often pop up and go, oh my journal. That day we talked about a below knee amputation [02:18:50] would be acceptable for us. We got out of one vehicle once transferred [02:18:55] to another because we were being moved together, and the vehicle reversed. The [02:19:00] other vehicle we’d just gotten out of, reversed up a hill a bit and hit a tank [02:19:05] mine, and the back end of the vehicle was blown to smithereens. We’d been sat in about [02:19:10] five minutes before, just reversed over a mine in the middle, in the middle of nowhere, and it was [02:19:15] a Russian mine.
Payman Langroudi: Just one left behind from.
[BOTH]: Just left behind.
Mike Hesketh: Yeah. And [02:19:20] so then they were like, right, okay, well, it’s called a Viking. It’s worth £10 million. So it’s in two parts. And [02:19:25] the back part was destroyed, which Pete and I were saying. And then, um, so we had [02:19:30] to go up on the Hill line and everyone was like, do you want to fire some rockets at it? Because we’ve got to deny it to [02:19:35] the enemy. So then they called in an airstrike, and we’re watching the best fireworks show ever of an airstrike [02:19:40] landing on our own vehicle that we were just sat in half an hour earlier was [02:19:45] destroyed. Denying it. I mean, there’s funny stories like that. Like [02:19:50] the Padre. There’s another one the Padre got went in a vehicle and, [02:19:55] uh, probably shouldn’t have done, but he, uh, he got in a vehicle. We were, I was [02:20:00] in I was working out with a guy in the middle of the in the middle of one of the forward operating bases, and a [02:20:05] Chinese missile came over and detonated in the middle of the of the base. So we all bomb burst [02:20:10] and legged it to accommodation. And then all of the what happens is everyone runs to the walls and opens fire. [02:20:15]
Mike Hesketh: And the direction of where the target, where the hits come from, and they’re firing in [02:20:20] rocket propelled grenades and the whole earth shakes and you’ve got to get down really low. [02:20:25] And it’s. And it’s not like the rock running through or Jason Statham when [02:20:30] they see these explosions, the whole world, all your senses are debilitated when the missiles come in and the rockets [02:20:35] come in. But the Padre jumped on a vehicle and reversed it up the to [02:20:40] the top of the bun line so that they so the marine on the back could fire a 50 cal, which [02:20:45] is a big weapon down at where these missiles were anyway. So that attack finished. And then the next [02:20:50] day there was a parachute drop of, um, food into the desert. And so [02:20:55] the so the Padres vehicle was one of the ones that went out there and it hit a mine, but with [02:21:00] a three different crew on it, and it was blown to smithereens with three men on it, and [02:21:05] all of them walked away.
Payman Langroudi: Well.
Mike Hesketh: And so everyone then decided [02:21:10] that they were religious and that the Padre had blessed this vehicle the day before because he just sat in [02:21:15] it and driven it. So yeah, it’s just all these weird scenarios. But.
Payman Langroudi: So [02:21:20] when I asked you, you said, I believe in God. Now, did you change your position?
Mike Hesketh: I [02:21:25] think there’s a higher being. Yeah, I think there’s a purpose. I think as you become more enlightened and less I [02:21:30] think there’s a higher being. Yeah. As, as far as I get with it, really. Um, [02:21:35] but yeah, I’d like to think so as well, because there are others on [02:21:40] Schmidt, who was a bomb disposal chap who made a mistake on his fifth [02:21:45] bomb disposal of the day. He’s got an obituary in the Times, and [02:21:50] he was on the commando course with me, and he was the best sergeant I’ve ever been with a heart and soul guy. He became [02:21:55] very high profile because of the pressure the bomb disposal guys were under in Afghanistan. [02:22:00] He was killed, um, a guy called Tom Sawyer who [02:22:05] was the best officer I’d ever seen. A little snip of a ginger chap, but just [02:22:10] a natural leader. And he was killed by friendly fire. Oh, yeah. By, um, [02:22:15] in a different tour. So all through this period, seen [02:22:20] men, friends killed. Um.
Payman Langroudi: How’d you go on? Do [02:22:25] you compartmentalise it? Are you trained to go on? After that happens, [02:22:30] you.
Mike Hesketh: Do.
Payman Langroudi: Two days. Are you too busy saving your own life?
Mike Hesketh: Yeah. Yeah. No. You just. Yeah. No, it’s. [02:22:35] Yeah.
Payman Langroudi: Is it?
Mike Hesketh: Yeah. It’s to remember. It’s to close within to kill the enemy of [02:22:40] the chosen time. And so then when people apply decision [02:22:45] making now of whether they should attack a village or not, attack a village from the distance of [02:22:50] the, of London in the newspapers. Yeah, yeah. It’s hard. It’s not, you [02:22:55] know, it’s kill or be killed.
Payman Langroudi: Yeah, yeah, yeah.
Mike Hesketh: Which is brutal. Um, [02:23:00] but you do it with care and attention and professionalism. Um, [02:23:05] but we’re only, you know, a few short steps [02:23:10] from that, and I don’t think I don’t buy into this millennial Gen Z rubbish. I [02:23:15] think that people step up. There’s always ability within the within. [02:23:20]
Payman Langroudi: Yeah. I don’t like.
Mike Hesketh: That, I hate.
Payman Langroudi: Those, I don’t like.
Mike Hesketh: Generalisations.
Payman Langroudi: It’s rubbish.
Mike Hesketh: I hate [02:23:25] it. I just think that even at the time I think people would say, oh, you know, this generation isn’t as [02:23:30] good. Well, I just watched these guys at 19 years old getting a gunfight every 2 or 3 days [02:23:35] and willingly walk back out the gates and go again for six months.
Payman Langroudi: It’s a child, isn’t [02:23:40] it? A 19 year old child. Can you.
Mike Hesketh: Imagine?
Payman Langroudi: Yeah.
Mike Hesketh: Yeah.
Payman Langroudi: It’s crazy that that’s [02:23:45] that’s what ends up happening. Like those children go out. [02:23:50] Yeah.
Mike Hesketh: I mean, it’s a very formative stage, [02:23:55] and I think it’s more powerful now as I get older, in my mid 40s, [02:24:00] that I go, oh Jesus, that wasn’t normal. Mhm. Um, and I don’t know whether [02:24:05] I should have um, you know, to answer your question. [02:24:10] No, you don’t get any support unless you’re looking for it. Um, but it’s not like de facto. [02:24:15] Hey, um, they take you to Cyprus on the way back and you’ve [02:24:20] got to stay there for 2 or 3 days. You just get drunk and you just drink [02:24:25] your way through it for 2 or 3 days, and then you land back in the UK, and, and I ended up in an A&E with a commando [02:24:30] beret on, with a uniform and a manager of a hospital berated me at two in the morning telling me that I wasn’t [02:24:35] moving patients through the unit quick enough. I think that was the closest I got to nearly losing my [02:24:40] temper with someone professionally.
Payman Langroudi: Did you get PTSD?
Mike Hesketh: No, [02:24:45] not diagnosed with it or anything like that. But I think, you know, you just talk about it, don’t you? But I’ve always talked about [02:24:50] it. You know, I’ve always.
Payman Langroudi: That helps.
Mike Hesketh: I it does me. [02:24:55]
Payman Langroudi: Other people bottle it up.
Mike Hesketh: Yeah. I talk about it with with my wife. Um, you [02:25:00] know, at the time, um, and then, you [02:25:05] know, actually, it’s been very, very therapeutic talking about it on podcasts [02:25:10] and also doing it with colleagues because it’s it’s an [02:25:15] interesting reaction at the moment where I’m doing these talking series. We’ve talked about 400 practice owners [02:25:20] and people throughout the UK as part of this series. Um, [02:25:25] I’ve had 2 or 3 people at each time come up to me at the end and go, thank [02:25:30] you for your service. And service. And I never think like that. But there were just lovely people and [02:25:35] quite a few mums with children in the military that [02:25:40] I then think, oh, I need to be careful, you know, um, [02:25:45] with the honesty, there’s a reason I didn’t tell my wife and my mum [02:25:50] that I was forward in the operating bases for three months. Um, there’s a [02:25:55] reason I didn’t tell them I was on the ground being a medic, stretcher, carrying injured Marines [02:26:00] with eyes hanging out and abdomens hanging out. Um, there’s [02:26:05] stuff people just don’t really need to know. But, um, does business [02:26:10] faze me? No. Not really. They have a saying at the end which is called cheerfulness [02:26:15] in the face of adversity, cheerfulness in the face of adversity. Well, [02:26:20] you have, like you’d imagine, the other commando qualities of courage, determination and all that stuff. [02:26:25] But I always find that really funny. But the Marines are are [02:26:30] generally cheerful.
Payman Langroudi: It’s interesting.
Mike Hesketh: Yeah, it’s quite funny.
Payman Langroudi: Yeah. [02:26:35]
Mike Hesketh: You know, um, because if it’s not, if you’re not laughing, then there’s something. [02:26:40] You’re thinking too much, you know?
Payman Langroudi: I think I always tell young dentists, you know, go [02:26:45] do a stint of maxfax just to get just just to just to never be scared of [02:26:50] dentistry again. Yeah, yeah. But this this is a higher level of that, isn’t [02:26:55] it? For life.
Mike Hesketh: I wouldn’t I wouldn’t advocate it.
Payman Langroudi: Not much is going to happen in life that’s going to faze you.
Mike Hesketh: Not [02:27:00] really, but I would say that everyone’s got an Afghanistan in them. You know, I heard stories from [02:27:05] on the MBA by Venezuelan, um, student who told me about his kidnapping. He was kidnapped [02:27:10] and taken into the jungle in Venezuela and, you know, kidnappings, a big business over there. And he had to talk his way out [02:27:15] of it. What do you think? Yeah, and I didn’t know that. And then other friends who’ve had, [02:27:20] you know, personal tragedies. It doesn’t matter what your Afghanistan is. It just [02:27:25] matters that, you know, that life can be worse than when you run your business and no one’s dying.
Payman Langroudi: Yeah. [02:27:30]
Mike Hesketh: And that puts things into perspective a little bit. And so the cheerfulness in the [02:27:35] face of adversity is one of them.
Payman Langroudi: I mean, I really, really enjoyed [02:27:40] it, man. I really, really enjoyed it. Thank you so much.
[VOICE]: This is [02:27:45] Dental Leaders, the podcast where you get to go one on one with emerging [02:27:50] leaders in dentistry. Your [02:27:55] hosts Payman Langroudi and Prav Solanki.
Prav Solanki: Thanks [02:28:00] for listening guys. If you got this far, you must have listened to the whole thing. And just a huge [02:28:05] thank you both from me and pay for actually sticking through and listening to what we’ve had to say and [02:28:10] what our guest has had to say, because I’m assuming you got some value out of it.
Payman Langroudi: If you did get some value [02:28:15] out of it, think about subscribing. And if you would share this with a friend [02:28:20] who you think might get some value out of it too. Thank you so so so much for listening. Thanks.
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