Artwork

Dr. Peter Camiolo and Dr. Stephen Franson, Dr. Peter Camiolo, and Dr. Stephen Franson에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Dr. Peter Camiolo and Dr. Stephen Franson, Dr. Peter Camiolo, and Dr. Stephen Franson 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.
Player FM -팟 캐스트 앱
Player FM 앱으로 오프라인으로 전환하세요!

274 - How the Money Works in a 7-Figure Practice

50:12
 
공유
 

Manage episode 444155304 series 2800693
Dr. Peter Camiolo and Dr. Stephen Franson, Dr. Peter Camiolo, and Dr. Stephen Franson에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Dr. Peter Camiolo and Dr. Stephen Franson, Dr. Peter Camiolo, and Dr. Stephen Franson 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.

In this episode, you'll discover:

  • Knowing your numbers enables you to make decisions boldly and with peace of mind
  • Understand the economics, because accounting is the language of business
  • The Return-On-Investment vs Return-Of-Investment, know the difference
  • Put on your Investor hat whenever you’re hiring an associate and get your comp plans right

Episode Highlights

01:26 - The importance of the associate doctor relationship focusing on the compensation model to avoid common failures.

04:22 - The need for maturity and sophisticated growth for successful chiropractic practice scaling.

06:14 - Taking the long-term perspective when hiring, encompassing a three-year business view with ROI considerations.

07:07 - Viewing business decisions with an investor mindset for future returns.

10:07 - Importance of casting a vision for associates and ensuring they see growth potential.

14:43 - Challenges in scaling chiropractic practices and the need for a structured system

17:59 - The Seven-figure business framework based on revenue per employee (RPE) and patient visit metrics

22:55 - Utilizing Revenue Per Employee (RPE) as a wellness metric for practice evaluation

25:02 - The importance of assessing RPE regularly as a critical economic health indicator

28:10 - The significance of data-driven decision-making in business leadership to avoid emotion-based choices

34:56 - Join REM Coach, Dr, Chris and he sits down with Success Partner, Justin Maxwell from Big Life Financial. Justin shares his inspiring journey from grappling with financial ceilings to mastering wealth management, and how he now dedicates his expertise to helping chiropractic office owners achieve financial clarity and growth. Dive deep into Big Life Financial’s unique family office approach, tailored specifically for high-impact businesses, and unveil the systems, strategies, and professional support that can drive significant returns on investment. If you're a chiropractic CEO looking to maximize your business’s financial potential, this interview will provide invaluable insights on elevating your financial strategy and making a lasting impact.

Resources Mentioned

Watch an instant replay of the "7 Figure Associate Doctor Compensation Plan Model" webinar here: www.theremarkablepractice.com/podcast-ep274-rem-asc-webinar

Register now for the Remarkable Attraction Immersion here: https://theremarkablepractice.com/attraction-immersion/

To learn more about the REM CEO Program, please visit: http://www.theremarkablepractice.com/rem-ceo

For more information about Big Life Financial please visit: https://www.biglifefinancial.com/

Subscribe to our newest podcast "Build Your Remarkable Practice" here: https://podcasts.apple.com/us/podcast/build-your-remarkable-practice-for-chiropractors/id1734107477

Schedule a Brainstorming call with Dr. Pete

Dr. Stephen’s LinkedIn

Dr. Peter’s LinkedIn

The Remarkable CEO Website

Dr. Stephen’s Book – The Remarkable Practice: The Definitive Guide to Build a Thriving Chiropractic Business

  continue reading

286 에피소드

Artwork
icon공유
 
Manage episode 444155304 series 2800693
Dr. Peter Camiolo and Dr. Stephen Franson, Dr. Peter Camiolo, and Dr. Stephen Franson에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Dr. Peter Camiolo and Dr. Stephen Franson, Dr. Peter Camiolo, and Dr. Stephen Franson 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.

In this episode, you'll discover:

  • Knowing your numbers enables you to make decisions boldly and with peace of mind
  • Understand the economics, because accounting is the language of business
  • The Return-On-Investment vs Return-Of-Investment, know the difference
  • Put on your Investor hat whenever you’re hiring an associate and get your comp plans right

Episode Highlights

01:26 - The importance of the associate doctor relationship focusing on the compensation model to avoid common failures.

04:22 - The need for maturity and sophisticated growth for successful chiropractic practice scaling.

06:14 - Taking the long-term perspective when hiring, encompassing a three-year business view with ROI considerations.

07:07 - Viewing business decisions with an investor mindset for future returns.

10:07 - Importance of casting a vision for associates and ensuring they see growth potential.

14:43 - Challenges in scaling chiropractic practices and the need for a structured system

17:59 - The Seven-figure business framework based on revenue per employee (RPE) and patient visit metrics

22:55 - Utilizing Revenue Per Employee (RPE) as a wellness metric for practice evaluation

25:02 - The importance of assessing RPE regularly as a critical economic health indicator

28:10 - The significance of data-driven decision-making in business leadership to avoid emotion-based choices

34:56 - Join REM Coach, Dr, Chris and he sits down with Success Partner, Justin Maxwell from Big Life Financial. Justin shares his inspiring journey from grappling with financial ceilings to mastering wealth management, and how he now dedicates his expertise to helping chiropractic office owners achieve financial clarity and growth. Dive deep into Big Life Financial’s unique family office approach, tailored specifically for high-impact businesses, and unveil the systems, strategies, and professional support that can drive significant returns on investment. If you're a chiropractic CEO looking to maximize your business’s financial potential, this interview will provide invaluable insights on elevating your financial strategy and making a lasting impact.

Resources Mentioned

Watch an instant replay of the "7 Figure Associate Doctor Compensation Plan Model" webinar here: www.theremarkablepractice.com/podcast-ep274-rem-asc-webinar

Register now for the Remarkable Attraction Immersion here: https://theremarkablepractice.com/attraction-immersion/

To learn more about the REM CEO Program, please visit: http://www.theremarkablepractice.com/rem-ceo

For more information about Big Life Financial please visit: https://www.biglifefinancial.com/

Subscribe to our newest podcast "Build Your Remarkable Practice" here: https://podcasts.apple.com/us/podcast/build-your-remarkable-practice-for-chiropractors/id1734107477

Schedule a Brainstorming call with Dr. Pete

Dr. Stephen’s LinkedIn

Dr. Peter’s LinkedIn

The Remarkable CEO Website

Dr. Stephen’s Book – The Remarkable Practice: The Definitive Guide to Build a Thriving Chiropractic Business

  continue reading

286 에피소드

ทุกตอน

×
 
Loading …

플레이어 FM에 오신것을 환영합니다!

플레이어 FM은 웹에서 고품질 팟캐스트를 검색하여 지금 바로 즐길 수 있도록 합니다. 최고의 팟캐스트 앱이며 Android, iPhone 및 웹에서도 작동합니다. 장치 간 구독 동기화를 위해 가입하세요.

 

빠른 참조 가이드