Episode 170 - The 7 Figure Practice Deconstructed

Recap

When building a remarkable business, consistent positive NET MOMENTUM is everything.

– The 7 Figure (Million Dollar +) Practice DeConstructed

– Turn Business Growth into a MATH PROBLEM

– We use REAL NUMBERS to show you how to build a 7 Figure Business from scratch

– Net momentum functions like compound interest in the chiropractic business, it grows the value exponentially over time.

– What is NET MO…and HOW to calculate it

– What is the REMARKABLE STANDARD for growth (Net Mo)?

– Understand how to measure Net Momentum for your business

Episode Highlights

03:23 – The importance of being consistent in your business

06:40 – A quick example of net momentum and how it works

09:08 – Build a practice that can manage one or two NEW clients per day which can be done through three tributaries; Referrals, External Activities and Digital Activities

12:13 – Uncovering the three criteria that define if you have a committed patient

15:25 – A thorough breakdown of net momentum, its formula and the definitions to help you calculate accurately.

21:03 – If you maintain a positive 10 momentum every month, you will have built a seven figure practice in three years.

24:55 – Success Partner, Dr. Omar Ayouby from Innate Radiology, joins Dr. Pete in this bonus interview. Having merged his background as a radiographer and chiropractor, Dr. Omar was able to provide tele-radiology services to Australian Chiropractors. Learn about his entrepreneurial spirit that drove the creation of Innate Radiology and how they can help you decrease your liability while increasing your services as well as your bottom line.