EPISODE · Aug 5, 2024 · 23 MIN
5 Mistakes Sucking the Profit Out of Your Medical Practice
from The EntreMD Podcast · host Dr. Una
Send us Fan Mail👉 Ready for the next step? Book a call: https://program.www.entremd.com/call Are you always on the hunt for new clients?I know the struggle–it can be exhausting and expensive.But what if I told you there’s a hidden goldmine right within your existing client base?Let me introduce you to the concept of “second generation revenue”.Today, you’ll learn how focusing on your current clients can dramatically improve your profitability. I’ll reveal the five common business mistakes driving away this second generation revenue and how to fix them.So, if you’re a physician entrepreneur looking to build a more profitable, sustainable, and scalable business without constantly seeking new clients, this episode is for you.Let’s dive in!—Key Takeaways: 00:00 Intro00:45 The second generation revenue explained03:38 What happens when you lack integrity06:49 Don’t forget the basics of customer service 08:46 Minimize errors in your business14:18 Impact of poor packaging 15:43 Avoid long response time19:19 Quick recap20:57 Effects of solving these five practices21:43 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 ...
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Send us Fan Mail 👉 Ready for the next step? Book a call: https://program.www.entremd.com/call Are you always on the hunt for new clients? I know the struggle–it can be exhausting and expensive. But what if I told you there’s a hidden goldmine right within your existing client base? Let me introduce you to the concept of “second generation revenue”. Today, you’ll learn how focusing on your current clients can dramatically improve your profitability. I’ll reveal the five common business m...
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5 Mistakes Sucking the Profit Out of Your Medical Practice
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