Summary In this episode of the Future of Dermatology podcast, Dr. Faranak Kamangar interviews Dr. Jerome Potozkin, dermatologist and private practice owner. They discuss the journey of establishing a private practice, the challenges faced, and the importance of networking and advocacy in the field of dermatology. Dr. Potozkin shares valuable insights for aspiring dermatologists, emphasizing the significance of patient experience and the evolving landscape of insurance and cash pay practices. Takeaways - Dr. Potozkin's journey to establishing a successful practice was not straightforward.- Private practice can offer more control and flexibility compared to larger groups.- The importance of patient experience cannot be overstated in practice management.- Insurance reimbursement rates are declining, making cash pay models more appealing.- Networking and involvement in professional societies are crucial for career growth.- Starting a practice from scratch can be stressful but rewarding.- Finding a mentor or established dermatologist to guide you can be beneficial.- Consultants and good financial advisors are essential for practice success.- The landscape of dermatology is changing, with a shift towards cosmetic procedures.- Staying informed about legislative changes is important for practice sustainability. Chapters 00:00 - Introduction to Dermatology and Private Practice Success05:17 - Navigating the Challenges of Starting a Practice09:17 - Advice for Aspiring Dermatologists in Private Practice14:41 - The Importance of Professional Networking and Advocacy