Recap
In this episode, you’ll discover:
- Lessons learned from private equity groups scrutinizing the business; and how that can be applied to your business today to make millions
- Navigating the rough seas of change in a business
- What we need to know about the chiropractic business landscape now
- What we need to know about what’s coming next in chiropractic
Episode Highlights
00:56 – An introduction to Dr. Brian Capra and the conversation, focusing on the “last, now, and next” framework
03:49 – The need to re-engage and re-motivate, leading to a deeper understanding of private equity, valuations, and multiples.
06:29 – The complexity of merging companies and the importance of advisors in the process.
09:41 – The value of having a platform with multiple products to increase valuations as well as value to customers.
15:15 – The importance of building trust and credibility with customers through various services and products.
20:19 – The significant challenge of a cyber attack on Change Healthcare, which affected insurance billing and caused a backlog of 200,000 claims.
22:25 – The need to build an infrastructure to support rapid growth.
27:42 – The potential of AI to scale the business and the importance of embracing new technologies.
Resources Mentioned
Subscribe to our newest podcast “Build Your Remarkable Practice” here: https://podcasts.apple.com/us/podcast/build-your-remarkable-practice-for-chiropractors/id1734107477
Schedule a Brainstorming call with Dr. Pete
Dr. Stephen’s Book – The Remarkable Practice: The Definitive Guide to Build a Thriving Chiropractic Business