Chiropractic Coaching: How to Grow a Million Dollar Practice by 20% in One Simple Step

Chiropractic Coaching: How to Grow a Million Dollar Practice by 20% in One Simple Step

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Chiropractic Coaching: How to Grow a Million Dollar Practice by 20% in One Simple Step

Welcome to this week’s Thrive in Five. I’m Dr. Bob Hoffman for The Masters Circle Global, where legends are made and legendary practices are built through chiropractic coaching.

Today, we will discuss how to grow a million dollar practice by 20% or more in one simple step as we discuss yet had another colleague who took the time to complete the Practice Growth Calculator. The Practice Growth Calculator, as you know is your golden ticket to simple, practical, and highly effective ways to grow your practice like never before.

The doctor today is Glen, and Glen has a practice earning more than a million dollars a year, but is still not expressing its full potential. It’s a practice that needs some guidance and a practice that can easily do better and be more profitable. Glen tells us that he wants 20% growth for his practice, and this is quite easily accomplished as I will show you in just one moment. However, the odds are that Glen is happy enough earning seven figures that he does not have any specific goals or targets or strategies to accomplish this 20% growth, and that’s why his practice has not reached its potential.

Glen currently attracts 58 new patients a month, serves 1,220 patient visits a month, and collects $110,000 a month, with a PVA of 21 and an OVA of $90.20. So let me help him grow his practice 20% or more easily and quickly.

Here’s my one simple step to help him grow by that 20% or better. I am only going to initially recommend that we grow his PVA from 21 to just 26. That’s it. Five more visits per year on average for every new patient. So now with that one change, the 58 new patients times the 26 PVA will now generate 1,508 visits a month, which is an increase of 288 visits over the 1,220 a month he’s currently averaging. Now that 1,508 visits at his current OVA of $90.20 will now generate $136,021 in collection each month, which is an increase monthly of $2,621, or said another way, an additional $312,252 a year collected. That’s more than the 20% Glen asked for. So one simple change and more than 20% growth adding 312,250 to his income.

And this ladies and gentlemen is how you go from stuck to significant, from plateaued to super profitable, from busy to dollar productive. This is what expert coaching, mentoring, and focus could do for any practice regardless of you barely getting by or seeing hundreds of visits a day or earning seven figures. Expert chiropractic coaching focuses you on what is the best and the easiest way to get from where you are currently to where you want your practice to be. It locates and customizes the fastest and easiest path to growth and expansion. It removes and corrects the subluxation in your thinking and in how your practice flows.

Of course, as Glen’s Chief Operating Officer, I will need to train him and focus him on how to, and why to grow his PVA. And this again is why the Master Circle Global has such an amazing and time-tested track record of rapidly growing any type of chiropractic practice, run by any type of personality, regardless of the doctor’s philosophy, clinical skill, business skill, communication skill, or even location.

So many of our colleagues are either hurting or accepting mediocrity or are stuck and not expressing the greatness they have inside of them and not living up to the potential. So please tap into the Practice Growth Calculator yourself today and discover how easy it is to significantly grow your practice. All you need to do is answer four simple questions and then schedule your private consultation to have a review of what your calculator results reveal about you and your practice. In this case, it would be at the consultation where I show this doc how to make the changes we’ve just discussed.

I have to let you know that it’s never been easier to have the practice of your dreams, to help as many people as possible, and as a result, make as much money as you want. It’s never been easier to gain rapid traction and grow your practice. And it’s never been easier to pinpoint exactly what statistic or what linchpin your practice needs for rapid and sustainable growth.

If you haven’t completed the calculator, please do it today. If you have completed it, but haven’t scheduled your private consultation to review it and learn from it, well, I got to tell you that’s a must. So get that schedule today as well. It’s at the private consult where the true magic will happen for you. The Practice Growth Calculator and consult will simplify the process. It will laser focus you on what to focus on for rapid growth, and it will change your career and your mindset once and for all.

On your screen right now is a QR code. Take out your phone right now, take out the camera and scan the QR code. It will take you directly to the Practice Growth Calculator. And once you answer those four simple questions, it’ll take you a minute, as a gift we’ll send you a 40 page Practice Unmasking Digital Journal filled with unbelievable articles, great contact information and things that every serious player should know.

And by the way, as a long as you have your phone out, here is another QR code to learn about and/or to register for our next live seminar taking place in Orlando, Florida May 13th and 14th. The QR code will take you right to a landing page to give you all the information, what the seminar is about, what’s going to be covered, how you’re going to benefit. So please put your camera on that QR code and get registered for that as well.

We’ll see you soon for our next Thrive in Five. Have an amazing day.

 

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