Medical Millionaire Podcast podcast

#195: If "It Feels Busy" Was A Business Strategy, Math Would Be Out Of Business

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Cameron discusses the critical role of practice owners in managing their medical practices effectively. He emphasizes the importance of accountability, understanding financial metrics, and making data-driven decisions rather than relying on feelings. He also highlights the need for effective marketing strategies and the transition from being a practice owner to a CEO and investor in the practice. The conversation aims to empower practice owners to take control of their business and achieve financial success.

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Takeaways:
  • The biggest problem in practice management is often the practice owner themselves.
  • Accountability is crucial for financial freedom and practice success.
  • Relying on feelings rather than data can lead to poor business decisions.
  • Understanding financial metrics is essential for evaluating practice performance.
  • Marketing strategies should be data-driven to effectively grow the practice.
  • Transitioning from practice owner to CEO requires a focus on numbers and strategy.
  • Investing in business education and consulting can enhance practice management skills.
  • Effective communication with patients about services can drive sales.
  • Practices should analyze their service distribution to identify growth opportunities.
  • Becoming an investor in your practice is key to long-term success.


Medical Millionaire: The Blueprint for Scaling a World-Class Medical Aesthetics Practice

Welcome to Medical Millionaire, the go-to podcast for forward-thinking Medspa owners, Medical Aesthetics leaders, Plastic Surgery & Dermatology practices, Concierge Wellness clinics, and Elective Healthcare entrepreneurs who are ready to scale with intention and operate like a true, high-performing business.

If you’re building, growing, optimizing, or preparing to exit your aesthetics or wellness practice, this show is your competitive advantage.

Hosted by Cameron Hemphill Your Guide to Sustainable, Scalable Growth Your host, Cameron Hemphill, is one of the most trusted growth strategists in Medical Aesthetics and Elective Wellness.

With over 10 years in the industry, Cameron has helped scale 1,000+ practices and more than 2,300 providers, working alongside the most recognized KOLs, national brands, EMRs, tech companies, and private equity groups, shaping the future of aesthetics. From marketing to operations, from finance to leadership, Cameron brings a real-world, data-driven perspective on what it takes to turn a practice into a powerful business engine.

What This Podcast Is All About: Each episode takes you behind the scenes of the fastest-growing practices in the country, revealing the systems, strategies, and mindset required to win in today’s Medical Aesthetics landscape.

Expect tactical insights, step-by-step frameworks, and conversations with:
  • Industry thought leaders
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This is where aesthetics, business, technology, and wellness converge. What You’ll Learn on Medical Millionaire Every week, you’ll access expert guidance to help you scale profitably and predictably, including:
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  • Finance, KPIs, and Practice Economics
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  • Industry Trends Backed by Real Benchmark Data
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  • Mindset, Leadership & Team Development
Whether you're opening your first location or running a multi-million-dollar enterprise, you’ll gain the clarity and direction to grow with confidence. A Show Designed for Every Stage of Practice Growth Medical Millionaire breaks down the journey into four essential stages, showing you exactly how to move from one to the next:
  • Startup – Build the foundation and attract your first wave of patients
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If You’re Ready to Grow, This Is Where You Start. Tune in weekly for actionable insights, expert interviews, and the exact playbooks high-performing practices use to dominate their markets. This is the podcast for Medspa owners who want more than a job; they want a scalable, profitable, industry-leading business. Welcome to Medical Millionaire.

Let’s build your practice into the empire it deserves to be.

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