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5 Warning Signs You Are NOT Ready to Hire a Physician in Your Private Practice
The EntreMD Podcast
👉 Ready for the next step? Book a call: https://program.www.entremd.com/call
How do you know you're ready to hire a new physician in your private practice?
This is a question that I am asked a lot, and it is so important to answer, because when it is done wrong, it can create unbelievable stress, strain, and chaos in what was once a very calm and successful private practice. So, before you make that potentially detrimental hire, ask yourself whether your practice is really ready for that kind of growth.
In this episode, I’m walking you through the five critical warning signs that tell you it’s not the right time to expand and explaining how to set yourself up for success in the future.
Tune in!
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Key Takeaways:
- 00:00 Intro
- 03:47 Your schedule is not full
- 05:16 Your cash flow is inconsistent
- 07:10 You don’t have a predictable patient acquisition system
- 11:33 You don’t know your numbers
- 13:20 You haven't embraced your role as a leader
- 16:07 Project-based approach to practice improvement
- 19:32 Outro
Additional Resources:
- Learn more about my 12-month program.
- Interested in 1-on-1 coaching? Apply here.
- Grab a copy of the "The 7-Figure Physician CEO" book.
When you are ready to work with us, here are three ways:
- The Profitable Private Practice Movement - If you want to build a thriving private practice that serves a lot of patients, while creating time and financial freedom for you, come join us here.
- EntreMD Business School Grow - This is our year-long program with a track record of producing physician entrepreneurs who are building 6, 7 and 7+ figure businesses. They do this while building their dream lives!
- EntreMD Business School Scale - This is our high-level mastermind for physicians who have crossed the seven figure milestone and want to build their businesses to be well oiled machines that can run without them.
To get on a call with my team to determine your next best step, go here ...