| Added for You |
Hubs | Hubbers | Topics | Request |
| #1 in Business | Subscribe Email Print |
|
You are here: Home > Business > Small Business > Your Practice is Only as Valuable as Your Referral Base |
|
Added for You - Your Practice is Only as Valuable as Your Referral Base
Have You Considered Apprenticeship Training? you get an opportunity to meet with the doctor he or she most likely is not going to be rude with you. They’re going to ask questions like; "Tell me a little about your practice?" And you will go on explaining your philosophy and what kind of treatment that you do and all the letters after your name and what makes you better than anybody else.What do George Washington, Benjamin Franklin and Paul Revere have in common? Apprenticeship training, of course!Apprenticeship training is the oldest kind of job skills learning and has been used for centuries to train blacksmiths, silversmiths, printers and the like. In fact, Congress enacted the National Apprenticeship Act I n1937 to recognize the importance of apprenticeship in developing highly skilled workers in various trades. Apprenticeship is important in manufacturing, public utilities, fire, police, safety and of course in becoming a real estate mogul like Donald Trump!Learning any highly skilled profession takes more than classroom training. You need hands on experience with someone who is an expert in the field. This is where an apprenticeship can give you what you need to excel at your profession. Apprenticeship fills in the gaps from books to real life and gives you a solid understanding of how a specific process works. Apprenticeship is one of the best ways to develo Have you ever noticed that when you’re talking he’s looking at his watch? He’s got his hand on the wall, leaning towards the door and yet you continue on. It’s the same kind of thing you do when the vendor starts talking to you about that e-stim machine. You say “Well, tell me a little about it.” And you look at your watch and you le Debit and ATM Card Advice for Small Businesses Many physical therapists in private practice have the appearance of a very successful business that is built on the backs of about four to five doctors. Now if anything would happen to any of these guys, the value of these practices would drop markedly. How can you run a practice for many years and then take a good look at it and realize that you have five doctors that represent more than 50% of the referral base? Exactly how can that happen?Your business account comes with an ATM, Debit card. Pick a really secret pin number. Don’t give it to anyone even in an emergency. Make sure you record withdrawals. If you have a bookkeeper paying your bills for you, be careful because they won’t know that you took out money. They will be upset and so will you and your vendors if they mistakenly write a bad check to pay a bill because you forgot to tell them of your numerous unrecorded withdrawals from the ATM machine.Originally ATM cards had a maximum of $300.00 per 24-hour period, suppose this was incase you developed a drug habit and take out the maximum $300.00 per night in cash or incase it was stolen to minimize risk on your account. Most business accounts do allow up to $1000.00 per 24-hour period now, but most likely you will have to ask for it. If you business might need this it is a good idea to have.It is not wise to co-mingle funds such as taking $60.00 out of your business account via your local ATM to take your girl Well, it’s quite simple really. When you start your practice you have a couple doctors who kind of like you and offer to send you some patients. When the numbers are down and you’ve got to go out and stimulate more referrals, it sure is a lot easier to go and talk to the guys who already love you and are referring and try to get them to send more. If you’re very successful at doing just that, what ends up happening is the group of doctors that you’ve gone out and knocked on their doors and spoke to end up sending you quite a bit more. Well, that is always great provided that the doctors always love you, decide to never open their own practice, and do not die. What if there was a way that you could broaden your referral base and get many doctors sending you a few new patients every month to create a more long term stability, so when one goes on vacation the stats don’t crash? In order to understand how things work in regard to getting business and growing your practice, you have to take a good honest look at what does not work consistently with every private practice physical therapist. For example, we go out and knock on doors of the doctor’s offices when we don’t know the doctor and the doctor does not know us. We think that we are going to get this opportunity to sit down and talk to him and he will just be elated and send us droves and droves of new patients. Deep down we know that if the doctor doesn’t already love us he’s really not interested in talking to us, but yet we go out and do it anyway. Now let’s draw a parallel to a vendor that comes in wanting to sell you some piece of equipment, say an e-stim machine. The guy comes in, he brings his device with him, and he sits in the waiting room and waits for you. You come out and say hello. You talk to him for a few minutes and you have no interest whatsoever in buying another e-stim machine. But instead of telling him you’re not interested, you’re polite and you ask a lot of questions about it. You ask how much it is and are their any kind of payment plans for it, etc. But you know you’re not going to buy it. Why? Well, one, you may not need it and two you may have a vendor you prefer to work with. But it’s somewhat rude to tell the guy to get lost. It’s the same thing with doctors. If you get an opportunity to meet with the doctor he or she most likely is not going to be rude with you. They’re going to ask questions like; "Tell me a little about your practice?" And you will go on explaining your philosophy and what kind of treatment that you do and all the letters after your name and what makes you better than anybody else. Have you ever noticed that when you’re talking he’s looking at his watch? He’s got his hand on the wall, leaning towards the door and yet you continue on. It’s the same kind of thing you do when the vendor starts talking to you about that e-stim machine. You say “Well, tell me a little about it.” And you look at your watch and you lea The Decision Making Cycle is a lot easier to go and talk to the guys who already love you and are referring and try to get them to send more. If you’re very successful at doing just that, what ends up happening is the group of doctors that you’ve gone out and knocked on their doors and spoke to end up sending you quite a bit more. Well, that is always great provided that the doctors always love you, decide to never open their own practice, and do not die.Do we understand the advertising and how the market works? When you go to the supermarket to by shampoo, what dictates what we buy? There are over 50 different choices, which one do you buy? You don’t have time to process all the information, analyze ingredients, or figure the cost per ounce. Why do we make the decision we do.Does it just feel right? Is it a past commercial you saw, the color combination on the bottle, the one your mother bought, the one on sale, or did you pick the one that felt right. Many times we really don’t know why we buy. For most of us we buy on emotion and figure out later (logically) why we bought it. When you ask someone why they bought a BMW, you will hear things like, top quality car, high resale value, performance. Now think about it – do you really think that is why they bought that car? We are not aware and cannot articulate why we buy.Eighty percent of all new products or services fail within six months. Think about it. Only 2 out o What if there was a way that you could broaden your referral base and get many doctors sending you a few new patients every month to create a more long term stability, so when one goes on vacation the stats don’t crash? In order to understand how things work in regard to getting business and growing your practice, you have to take a good honest look at what does not work consistently with every private practice physical therapist. For example, we go out and knock on doors of the doctor’s offices when we don’t know the doctor and the doctor does not know us. We think that we are going to get this opportunity to sit down and talk to him and he will just be elated and send us droves and droves of new patients. Deep down we know that if the doctor doesn’t already love us he’s really not interested in talking to us, but yet we go out and do it anyway. Now let’s draw a parallel to a vendor that comes in wanting to sell you some piece of equipment, say an e-stim machine. The guy comes in, he brings his device with him, and he sits in the waiting room and waits for you. You come out and say hello. You talk to him for a few minutes and you have no interest whatsoever in buying another e-stim machine. But instead of telling him you’re not interested, you’re polite and you ask a lot of questions about it. You ask how much it is and are their any kind of payment plans for it, etc. But you know you’re not going to buy it. Why? Well, one, you may not need it and two you may have a vendor you prefer to work with. But it’s somewhat rude to tell the guy to get lost. It’s the same thing with doctors. If you get an opportunity to meet with the doctor he or she most likely is not going to be rude with you. They’re going to ask questions like; "Tell me a little about your practice?" And you will go on explaining your philosophy and what kind of treatment that you do and all the letters after your name and what makes you better than anybody else. Have you ever noticed that when you’re talking he’s looking at his watch? He’s got his hand on the wall, leaning towards the door and yet you continue on. It’s the same kind of thing you do when the vendor starts talking to you about that e-stim machine. You say “Well, tell me a little about it.” And you look at your watch and you le Tips You Should Find Out Before Ordering Customized Silicone Bracelets w things work in regard to getting business and growing your practice, you have to take a good honest look at what does not work consistently with every private practice physical therapist. For example, we go out and knock on doors of the doctor’s offices when we don’t know the doctor and the doctor does not know us. We think that we are going to get this opportunity to sit down and talk to him and he will just be elated and send us droves and droves of new patients. Deep down we know that if the doctor doesn’t already love us he’s really not interested in talking to us, but yet we go out and do it anyway.Customized Silicone Bracelets has been a new craze out there, and a lot of companies and organizations are jumping into the wagon. From big companies, to high school basketball teams, to family anniversaries, to hurricane calamities, to church groups, and so on.These people want to spread the word about their organization thru the masses, and for a cheap price of around $0.50 each or less, they can order the bracelets at bulk wholesale cost and distribute them freely.A lot of companies that offer a Customized Silicone Wristbands like this are listed online.The biggest thing when ordering bracelets to be aware of as a buyer is the quality of the bracelet. Since you will be ordering in bulk of hundreds or thousands of bracelets, you still don’t know if those bracelets are high quality or just poor quality.Some bracelets aren't round. The are more like oval, and when they get squeezed, they wont be round anymore. The material used for these bracelets are poor.Some brace Now let’s draw a parallel to a vendor that comes in wanting to sell you some piece of equipment, say an e-stim machine. The guy comes in, he brings his device with him, and he sits in the waiting room and waits for you. You come out and say hello. You talk to him for a few minutes and you have no interest whatsoever in buying another e-stim machine. But instead of telling him you’re not interested, you’re polite and you ask a lot of questions about it. You ask how much it is and are their any kind of payment plans for it, etc. But you know you’re not going to buy it. Why? Well, one, you may not need it and two you may have a vendor you prefer to work with. But it’s somewhat rude to tell the guy to get lost. It’s the same thing with doctors. If you get an opportunity to meet with the doctor he or she most likely is not going to be rude with you. They’re going to ask questions like; "Tell me a little about your practice?" And you will go on explaining your philosophy and what kind of treatment that you do and all the letters after your name and what makes you better than anybody else. Have you ever noticed that when you’re talking he’s looking at his watch? He’s got his hand on the wall, leaning towards the door and yet you continue on. It’s the same kind of thing you do when the vendor starts talking to you about that e-stim machine. You say “Well, tell me a little about it.” And you look at your watch and you le Leveraging Your Reputation - Making PR Work for You ou some piece of equipment, say an e-stim machine. The guy comes in, he brings his device with him, and he sits in the waiting room and waits for you. You come out and say hello. You talk to him for a few minutes and you have no interest whatsoever in buying another e-stim machine. But instead of telling him you’re not interested, you’re polite and you ask a lot of questions about it. You ask how much it is and are their any kind of payment plans for it, etc. But you know you’re not going to buy it. Why? Well, one, you may not need it and two you may have a vendor you prefer to work with. But it’s somewhat rude to tell the guy to get lost. It’s the same thing with doctors. If you get an opportunity to meet with the doctor he or she most likely is not going to be rude with you. They’re going to ask questions like; "Tell me a little about your practice?" And you will go on explaining your philosophy and what kind of treatment that you do and all the letters after your name and what makes you better than anybody else.We rely on all kinds of tools and advice to help our businesses grow, from accounting and legal advice to graphic design and sales seminars. But what are we doing for the important job of building our business's reputation in the community?Public relations skills and techniques are a powerful part of any growing business, but many small organizations believe that the cost of getting into the PR game will cost them thousands NOT hundreds of dollars. If you take the traditional approach to public relations, you may be right PR Agencies are known for high hourly rates and retainer payment plans.But the INTERNET has changed all that, empowering business owners with a host of tools they can deploy to enhance all parts of their business including building a strong public relations program.Like many business owners, you may feel that your regular monthly ad in the newspaper is enough publicity for the month and all you have to do is sit back and wait for the customers to show up at the d Have you ever noticed that when you’re talking he’s looking at his watch? He’s got his hand on the wall, leaning towards the door and yet you continue on. It’s the same kind of thing you do when the vendor starts talking to you about that e-stim machine. You say “Well, tell me a little about it.” And you look at your watch and you le Pricing Mortgage Leads you get an opportunity to meet with the doctor he or she most likely is not going to be rude with you. They’re going to ask questions like; "Tell me a little about your practice?" And you will go on explaining your philosophy and what kind of treatment that you do and all the letters after your name and what makes you better than anybody else.If you are a loan officer or mortgage broker on the market for internet mortgage leads, than many things will be of importance to you, including the cost of the lead.When researching mortgage lead companies, a clear indication of the quality of the lead you will be receiving should be in the pricing.For instance, if you take $100.00 and invest it in a lead company in order to receive 50 leads, you can safely assume that the leads you receive will be very old and recycled time and time again to other lead companies and countless loan officers.On the other hand, if you take that same $100.00 and invest it in a lead company in order to receive anywhere from three to six leads, you can than safely assume that the quality of these leads are very good. These types of leads are known as “real time,” or “fresh leads.”When it comes to pricing and quality of leads, make sure you do your research. Be sure to speak with someone in the customer service department and find out the detail Have you ever noticed that when you’re talking he’s looking at his watch? He’s got his hand on the wall, leaning towards the door and yet you continue on. It’s the same kind of thing you do when the vendor starts talking to you about that e-stim machine. You say “Well, tell me a little about it.” And you look at your watch and you lean towards the door and you dart your eyes left and right towards other patients or other staff hoping that someone will bail you out. Doctors do the same thing. Hopefully we can see that. There are exceptions to this of course. There are the doctors who know you and love you. They know your good work and know of your competence. Those guys you actually can go and sit down and talk to them and they will be interested in what you have to say because they know you’re good and they know you get results. Doctors who don’t know that will pretend to be interested in what you have to say. Have you noticed that some doctors won’t meet with you unless you buy lunch for the entire office? That ought to tell you something. One, he’s not interested in speaking to you and two, neither is his staff. Quite honestly, you will have better results buying lunch for a doctor’s office that is referring to you, but you don’t stay. In other words, you purchased the lunch, you make sure it arrives, you make sure they know it came from you and you leave. At least the staff members who were sitting there eating will say something nice about you. Like “Wow, that’s pretty nice of that practice to swing by and buy us lunch.” You probably forced that practice to have a staff meeting. Which isn’t all bad. But if you stand up there and talk for 20-30 minutes about your practice and your philosophy and everything else, believe me, if it’s the kind of physician that requires a lunch in order to meet, the staff and the doctor have heard the story and the song and dance many times. In other words, if a doctor requires you to buy lunch for the entire staff in order to have a few minutes of his time, you’re wasting your money and your time. Let me ask you a question. How do doctors who don’t know anything about you feel about you trying to educate them on patient conditions? Do they appreciate it? Do they heed your advice and do they welcome it? Probably not. Of course, your attention goes to the exception, Dr. Jones, who just knows that you’re the best guy in treating spine conditions in the state and he will listen to every word you have to say. All I’m talking about is the doctors that don’t know you. When the doctor says tell me a little about your practice, you start educating him about your philosophy of treatment, about how you treat a spine condition that is different than anybody else, or what different studies report, etc. And you’ll find that the guy who doesn’t already know that you’re the best in town will be kind of bothered by a physical therapist spouting off that they know everything. Now many physical therapists feel that they know a lot more than physicians do about physical therapy’s abili
HTTP = HTML link (for blogs, profiles,phorums):
Related Articles:Managing Things and Leading People Corporate Hospitality in the UK Pricing Strategies in Marketing
|