Episode Details
Back to EpisodesThinking About Shutting Down Your Private Practice? Ask Yourself These 3 Questions First!
Description
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Are you thinking about shutting down your private practice?Â
In 2021, 11,000 private practices went out of business or were sold to private equity. Now, if you know me, you know I’m a positive person. I'm not saying this to discourage you from running your own private practice. I'm saying it to underline how seriously we must take our businesses to thrive!Â
Can we thrive? Absolutely. Are we going to thrive by default? Absolutely not. So today, we will talk about the 3 questions you should ask yourself before you decide to shut down your private practice. These questions will help you evaluate where you are right now and how you can improve your practice to stay in business.Â
So before you end it for good, check out this episode of EntreMD and figure out where you’re really at!
Let’s dive right in.Â
Key Takeaways:Â
- 00:00:00 IntroÂ
- 00:03:59 The first questionÂ
- 00:08:44 The second questionÂ
- 00:11:46 The third questionÂ
- 00:16:31 It’s time to turn your practice around
- 00:18:09 OutroÂ
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Additional Resources:
- Learn more about my 12-month program.Â
- Interested in 1-on-1 coaching? Apply here.
- Grab a copy of the "The 7-Figure Physician CEO" book.Â
When you are ready to work with us, here are three ways:
- Â 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.Â
- 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 ...