I’m going to start a series over the next 5 weeks for those of you wanting to start your own business or maybe you’ve recently started and you’re looking to create a stronger foundation in your chiropractic business. I am going to be covering the 5 things you must know before starting a practice, but I will also give tips to those of you already in practice or those of you practicing as Associates that may be preparing to go out on your own. These 5 things that I’ll be covering are fundamental elements to any business, so stay tuned and follow along as we build your knowledge and continue to build on the successful vision you have for your future self.
If you haven’t already listened to episode #154 (Spotify | iTunes) about having a vision for your future, then you might want to start there. Regardless of where you’re at in life, having a clear vision is an extremely powerful tool you need in order to achieve the results you want out of life. Without a vision, you will not be able to bring these 5 elements together to build your strong foundation. If you’d like to get ahead of the game then visit lifestylepracticebuilders.com/ebook, enter your info and we’ll email the ebook to you. I will go into greater depth about each thing on the podcast, but downloading the book will get you started. Print it out and take notes!
Taking the leap from student or Chiropractic Associate to small business owner is HUGE! There’s so much to know and it gets overwhelming thinking about all the steps involved, in order to create a business, find a location, and get open. So many unknowns, so many steps to truly fulfilling your dreams of owning and operating your own clinic. That’s why we created this podcast series for you. We were once in your shoes and we know what it’s like to feel lost in a sea full of information. We want to help by clarifying some of the key concepts you’ll need to understand before making that transition. The more you know, the better off you’ll be in practice. Fully understanding these elements and how they affect you and your future practice will lead to your future success! So let’s add some success tools to your toolbox!
The first and one of the most valuable elements to succeeding at this whole thing, and building your own successful business, is Mindset. According to Stanford psychologist Carol Dweck, your beliefs play a pivotal role in what you want to accomplish and whether you will achieve it. Dweck has found that it is your mindset that plays a significant role in determining your achievements and success.
Are you ready to conquer the world? Willing to put in the time and effort it’s going to take to learn all the things, implement all the processes, and withstand the trials and tribulations of starting and growing your first practice? What has been your story so far? Are you the type that can fall down several times until you succeed? Do you actually take time to learn the nitty gritty details, and not just skim over important details with a hope and a dream of somehow winning without putting in the effort? Do you dot your i’s and cross your t’s, instead of being sloppy and careless in the fight to get things done right?
If you answered yes to these questions then you’re certainly on the right path as far as mindset is concerned. There’s going to be some struggle along the way, so you’ll need to be resourceful and resilient as you work towards your goals. You need to be clear on who you are, what you want, and the process it’s going to take to get there. Since you’re taking the time to listen to this podcast, I’m going to assume you’re someone who’s already on the right track, but don’t blow off mindset just yet. There’s always room for improvement, so be open for how you can boost these mindset areas in your life:
To radically change your life, you have to change yourself. And this transition from student to practicing chiropractor requires a lot of great qualities. Developing those qualities and working on your mindset are going to be essential to your ability to transition successfully. This isn’t a quick fix, it’s something you’ll be working on the rest of your life.
"Success isn't owned. It's leased, and rent is due every day." - J.J. Watt
You won’t have your best month ever and the rest of your life is golden. It doesn’t work that way. You will have to work continuously to maintain that momentum in order to keep growing. Not to say that you can’t take days off, but in the beginning phase, your pursuits need to be consistent and relentless. Once you have the systems in place to plug another person in to takeover some of the duties, then you can rest a bit. But initially, your butt must be on fire, you have goals and a life worth living! You have patients to serve and an office to build!
How did you answer these questions:
If you answered some of these with a maybe or no, then you’ll need to start focusing on your daily habits and finding ways to improve yourself and your environment so that you’re set-up for success when the time comes.
It will take work to get to where you need to be before you open. And mindset is an essential key, foundational element. It shouldn’t be shrugged off or ignored. You can’t be lazy, unintentional,or apathetic. One of the benefits Rich and I had as a couple that worked well together when opening was that we could help each other mitigate our poor mindset habits and lift the other to our good mindset habits. If you’re entering practice with a spouse or partner then make sure this is a strength of yours and not a weakness. Remember you’re on the same team and you need to support and help each other through these times. Gentle reminders that you need to keep the momentum by keeping up good habits, building confidence, maintaining healthy spending habits, focusing on priorities, being optimistic, being courageous, and utilizing every minute.
Want to start working on some action steps for building a good mindset? Put pen to paper, setting a vision for your practice, listen to episode #154 again. What do you need to get started on that vision? What are your first priorities? The very first pages of the ChiroPlanner talk about mindset. We think it’s the first step to creating practice success since it will affect how you tackle the next 4 objectives to creating your successful practice. If you plan to open a practice then consider getting a ChiroPlanner, it’s a great place to start putting pen to paper. You can learn more about it at chiroplanner.com. The ChiroPlanner has helped hundreds of chiropractors get started in practice. It will give you the tools and insight you need to develop a solid mindset, set your BIG goals, and walk you through your ideal practice location, practice structure, ideal patient avatar, and so much more! Over 100 inspirational quotes, hundreds of tips and the 100 day planner to help keep your focus, celebrate your wins, and jot down your genius ideas.
Are you waiting for someone to buy you the ChiroPlanner for Christmas, your birthday or graduation? Make sure you send them the link! Then go to our website and download the free eBook, the 5 Things You Must Know Before Starting a Practice and start taking notes. A positive mindset means taking advantage of what you do have, and making it work for getting you where you want to be.
Download the ebook today at lifestylepracticebuilders.com/ebook. A few months ago I had the idea to write it. Using hindsight, a history of building, buying, selling, and growing practices and helping hundreds of you through the process. I thought about the 5 basic things you must know before you even think about the startup checklist we have inside The Foundation. These were 5 things that we nailed, that I honestly don’t think we would have succeeded without, so use what I know to increase the speed with which you’re able to succeed. There’s a lot of work to be done and checking things off of a checklist and opening your doors is going to be a helluva lot easier if you have solidly thought about and implemented the action steps I’m going to give you over the next 5 weeks!
Your mindset is everything, so take some time to evaluate where you’re at with it, and make small, sustainable changes to it over time. Creating a better mindset is a process, not an event. Mindset isn’t an all or nothing. It’s self growth over time!
Please stick with us over the next 4 weeks as we walk through the rest of the things you must know before starting a business. Rich and I are very focused on getting you all the resources you need to be successful in practice without the cost and outdated processes of expensive management groups. We understand the needs of someone graduating today because we know and talk to you all daily. And we want to help! When you purchase the ChiroPlanner you’ll also get online assessments so you can figure out where you’re at and what you need to figure out to get open and growing, you also get a one on one coaching call with me to dive deep into the one thing holding you back, so I can give you strategies for where you’re at. Want a little more feedback as you walk through this process, The Foundation is our online membership library that includes many other startup resources for a low monthly fee, you’ll also be invited to join a private facebook group where you can ask specific questions and mastermind with others also in the startup phase. We’re not talking thousasnds or even hundreds of dollars. We want you all to have access to the tools you need to start your own practice because we know it can be done. We have talked so many students into starting on their own when they thought they needed to be Associates first. Starting on your own is a huge task, but it’s not ridiculous. One student we helped just finished building his own location, another student we helped was able to revive her small town into a bustling business community. With hardwork and a positive attitude these things are possible!
Mindset is just the beginning and it’s a great place to start. Once you can open your mind and accept your ability to grow and do amazing things, then you’ll be ready to work on the four other things you’ll need to be successful in practice. So go download the eBook, listen to the podcast (Spotify | iTunes), hang with us the next month, and let’s kick it into gear for 2021!