My wife and I recently enjoyed an excellent meal at a restaurant recommended by some friends. We often have concerns about restaurant recommendations, as many have been disappointing. But having done a little online research, we felt comfortable with this choice.
Impressed with the menu, my wife "liked" the restaurant on Instagram before we even ordered. As is her habit, she asked our server to take our photograph (which, depending on how she is feeling, might also end up on Instagram along with photos of dishes she really enjoys). As we were leaving the restaurant, we were greeted by the owner. He gave us our coats and thanked my wife for "liking" his restaurant. This owner knew he had to do more than just make great food.
If you think running a successful chiropractic practice is tough, try opening a restaurant. The first-year failure rate is more than 25 percent, with "marginal differences in restaurant failures between franchise chains (57.2 percent) and independent operators (61.4 percent)." The cumulative restaurant failure rate over three years is just under 60 percent.1
To avoid becoming another statistic, our restaurant host has adapted to the way people (such as my wife and I) decide which restaurant to eat at: online reviews. He obviously closely monitors social media each night to see what his customers are saying. With that one click, he was engaged in our visit. He was able to see who we were, where we were sitting, who our server was and what we ordered.
He is then able to match that information with any reviews we write after our departure. Depending on what we post, he can discover what our favorite dishes were and, more importantly, know if he has earned our business. If he has done well, he will likely see some of our friends who were influenced by our experience and will decide to try his food.
A recent article published in the technology section of The New York Times drives this point home with a sledgehammer. The article talks about how "Randall Stephenson, AT&T's chairman and chief executive, is trying to reinvent the company so it can compete more deftly." The article makes some important points:2
While this all may seem a bit harsh, it brings into focus the nature of the competitive environment in which we live. Our world is changing quickly. The health care arena is evolving in ways that must be considered now. Your ability to consistently succeed and grow your practice requires you to become much more Web, marketing and business savvy, particularly in more populated communities where, like me, prospective patients will use various social media tools to read reviews about your practice before they act on a recommendation from a friend or relative.
You can take the first step by spending five minutes reading The New York Times article, "Gearing Up for the Cloud, AT&T Tells Its Workers: Adapt, or Else." Whenever you see "AT&T" in the text, mentally replace it with the name of your practice. Whenever you see "cloud technology," replace it with areas of expertise and Web interaction that could help you translate your practice into the future.
When you've finished reading, take some time to consider what you need to be doing, outside of office hours, to re-create your practice into one that will thrive in our new world. You will note that most AT&T managers are investing significant off-hours in an effort to brighten their future. Perhaps it's time you did the same. It's becoming increasingly obvious that being a great doctor of chiropractic may not be enough to build / maintain a great business.
References
Read more findings on my blog: http://blog.toyourhealth.com/wrblog/. You can also visit me on Facebook.
When sports chiropractors first appeared at the Olympic Games in the 1980s, it was alongside individual athletes who had experienced the benefits of chiropractic care in their training and recovery processes at home. Fast forward to Paris 2024, where chiropractic care was available in the polyclinic for all athletes, and the attitude has now evolved to recognize that “every athlete deserves access to sports chiropractic."
It is estimated that 61% of patients with CTS avoid taking surgical options due to postoperative complications and costly surgical procedures. Chiropractic care offers a comprehensive and effective treatment for carpal tunnel syndrome, addressing the condition from multiple angles. Recent studies also have unveiled a game-changing adjunct to chiropractic treatments for CTS: nerve flossing.
Some doctors thrive in a personality-based clinic and have a loyal following no matter what services or equipment they offer, but for most chiropractic offices who are trying to grow and expand, new equipment purchases help us stay relevant and continue to service our client base in the best, most up-to-date manner possible. So, regarding equipment purchasing: should you lease, get a bank loan, or pay cash?
