If your physical therapy practice is not where you’d like it to be or if you aren’t living the life you had in mind for yourself as a private practice owner, I want you to know there is something you can do about it. Similarly, if you are currently working for someone else and know in your gut and your heart that you can be more fulfilled running your own practice but have yet to take action, you must know there is a reason for that.
The good news is, both of these scenarios are totally under your control. It’s about having the right MINDSET, surrounding yourself with the right people, and being willing to put in the time to do the work. Let’s face it, Physical Therapy is not rocket science and when you really understand it, it’sa mixture of art and science.
I have seen far too many really good clinicians make this false assumption that “if I’m a good therapistthen I’ll be an equally good private practice owner.” These are not the same thing in any way. Eventually, it will catch up with you that skills are lacking and that the owner life you imagined has not turned out the way you expected it would.
How mindset factors into success.
The difference between those who are successful and those who are not – it comes down to the fact that successful people create, and plan for the future. Successful people are also social personalities and share their success with others.
Success comes when you believe enough in yourself to spend the time and money necessary to first, develop yourself, and second, develop your skills, and finally develop those around you.
Learn why you should stop taking advice and or being the effect of those around you who frankly don’t have a proven track record of success in what it is that you are wanting to do.
Never be afraid to invest in you no matter what others think. You have to know what you know and acknowledge what you don’t know so you can move forward. It’s what you don’t know that holds you back from your success.
Whether you’re a veteran practice owner or diving into building a startup, knowing how to structure your practice and understanding the best practices for management are key to private practice success. Download our latest eBook to find out how to take your practice to the next level.
Brian Gallagher, PT is the founder and CEO of MEG Business Management, LLC. He has more than 27 years of experience in the field of rehabilitation and 19 years in business and specializes in Physical Therapy practice management and executive coaching nationwide. As a licensed business management consultant, Brian has helped hundreds of business owners nationwide improve their business operations through proper restructuring to achieve improved systems of efficiency and productivity as well as marketing and sales with effective public relations which have proven results for double-digit growth year-over-year with businesses around the country.