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Ep.114 I Took A Failing Practice From 200k to 600k Per Year!

With Dr. Ryan Rieder

Recently I held a competition in my group, Inner Circle Hall Of Fame, where my most elite members presented their story so far, their struggles, their success and what they’ve learnt along the way. The top prize, a $10,000 trip to America and the first person in my Inner Circle Hall Of Fame.  After hearing all their amazing stories I knew I needed to get them on the podcast so over the next couple of weeks I will be bringing their stories to you.   Up first is Patrick, here’s his story in his own words – I started in a clinic in Eastbourne as I had family located in the town. I worked here for about 5  months as my first job outside of school. It was terrible; I was making so little money and serving so few people I couldn’t pay my rent or insurance fees. This is when I applied for another job in Brighton and it was an amazing  learning curve and I got so much of my certainty from this clinic. During that job I eventually got an offer to run the old  clinic I had been working roughly 2 years prior. I spoke to  several people about this decision, my partner who wasn’t  sure how good a deal it was but would support my decision.  Ironically despite everyone being unsure something  told me not to doubt the opportunity I had attracted and  so I packed up my stuff in Brighton and moved back to  Eastbourne to pursue my new life running my own clinic  my way. This is where my story of a practice owner began,  after 2 ½ years in practice, no idea how to run a clinic but  a huge amount of hunger and energy I took the shot and  still I don’t look back.  I was meant to get mentoring from the clinic owner  before as he was meant to teach me marketing strategies,  clinic running and patient handling. There was literally  none of that so I had signed a contract, paid my money  and then got left to my own devices.  Now having been doing it for 2 years and being in the Inner  Circle for most of it I took a practice that saw on average  150 visits to over 350 in this time, more than 2.5x the  turnover and drastically increased our profit. The number  of chiros has increased with a constant thirst for more we  will continue to expand permitted that we can continue to  find more chiropractors. I now run probably the busiest and most sought-after  clinic in Eastbourne and have now started to build the  reputation of the go-to clinic. We are the first to now be  mentioned on Facebook if locals search. Our page appears  at top of Google. The other 2 clinics in town were very  well established and old running clinics which we now  give a serious run for their money.  My life and my partner’s live have been transformed by  the amazing changes that my growth has brought in. The  most amazing thing is I am still only 29 which tells me  there is still so much time for me to continue to not only  grow this practice but potentially expand to a second or  third and increase my passive incomes through the property  and other investments I am already making.

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