Win-Win Associate Opportunities

What this episode covers

Dr. Noel Lloyd Often, I hear about associates or potential associates complaining about the job market. I also hear from chiropractic owners that associates “want too much.” There is a tug of war battle at hand here, but there is also a solution. Being a solo practitioner is often the default for chiropractors, but why not consider having associates? A great number of Chiropractic owners are slaves to their own offices. They love to practice. They love to treat patients. But wouldn’t you like some freedom? Wouldn’t you like others contributing to the overhead that keeps increasing? Wouldn’t you like more profit? In this episode, I interview Dr. Noel Lloyd and we discuss the Win-Win Associate relationship. Dr. Lloyd has decades of experience in this arena, and he shares with us some key aspects of making the relationship mutually beneficial for both associate and clinic owner. In this episode we cover: The Win-Win Model • Be a Coach to your associates • Coach in a way that people are motivated to do “things” the right way • Business relationship o They do well/I do well • MUST be mutually beneficial • Associates cover vacations for each other o No loss of revenue You + 2 • Director plus two associates • Benefits director/Benefits the associates • No office closure • Profit margin Launch associates correctly • Teach them to win • Everyone wants to “Play” this game • Be a coach, not an employer • Coach associates based on what the goal is o Pay off debt o Want training o Successful futures • Ask Associates what their goals are o Help them reach their goals o They want to be great successful chiro o Help them while working FOR YOU Check out Dr. Lloyd’s upcoming event January 8-Virtual Event Myfivestar.com https://myfivestar.com/services/