Did you know that there are four types of private practice owners? Each type of owner has their own characteristics. Once you identify which type of owner you are, then you can identify your strengths and weaknesses in order to optimize your abilities. All too often, physical therapy private practice owners struggle to succeed in private practice not because of external influences, but because of internal. In this podcast you will learn how to project your efforts toward pro-survival actions that enable you to achieve your ideal scene across six vital key elements necessary for true success.
Episode at a glance:
- Put more time energy and effort into your higher-level function and role of CEO than being a great physical therapist.
- Come to terms with the fact that you don’t know all there is to know about everything; especially in the areas of leadership, personnel management, policies and procedures, systems of operation, business metrics, marketing, budgeting, and hiring.
- As a physical therapist trying to succeed as a physical therapy owner in private practice it’s important for you to recognize that you did not receive the training or skills necessary to operate at that CEO practice owner level we currently seek.
- The 4 types of owners are broken down as follows: the innocent owner, the go-getter owner, the caregiver owner, the know-it-all owner.
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.