Welcome to our award-winning physical therapy podcast for private practice owners who want to set themselves up for success and join the industry’s top 10%. Whether your business is just starting up or you’re looking to grow as a business leader and stay on top of industry trends, this weekly podcast hosted by Brian Gallagher, PT and Founder of MEG Business, features actionable insights and tips from physical therapy experts who share the marketing, operations, personnel and clinical secrets that not only improve your practice, but also your life as an entrepreneur!
Ep.306: How to Succeed Without Guessing or Stressing
vor 2 Tagen
36:28As physical therapists, we are in the business of people! Success in private practice is already within your reach. If you’re not sure where to start (or are still throwing spaghetti at the wall) consider these tried-and-true strategies and systems. Remember - if you’re not expanding, you’re contracting! Episode at a glance: Stop fixating on problems Manage and delegate Acknowledge and validate your employees Can you spot the bad apples?
The Secrets to Startup Success with Benjamin Bleess, DPT
44:45Would you rather have a comfortable job, or total business freedom? Have you ever felt alone in your private practice journey? Dr. Benjamin Bleess is about a year out with his physical therapy practice and is a shining example of entrepreneurial success. Learn about the tools and strategies that Ben put into action to build the private practice of his dreams. Episode at a glance: Meet your patients needs A good leader is always willing to look Freedom equation Learn from the best See the end at the beginning Reach out to Ben! Email: [email protected]
Ep.304: Bridging the Skill Gap
20:53Though PT School lays a great foundation, our skill development is a lifelong journey. You might not be able to go back in time and apply everything you’ve learned, but you don’t have to keep playing catch-up either. What PT School didn’t give you, is business training! Stay connected to your vision and learn how to develop the skills needed to realize your ideal scene. Episode at a glance: Seek out the things you don’t know Know (exactly) what you want 3 phases of business development Resist the self-doubt
Ep.303: A Moment of Self-Reflection - Are You Being True to Your Dream?
15:20It’s time for a quick heart-to-heart. Are you compromising on your ideal scene? We’ve been hearing a lot of risk-averseness and people watering down their private practice dreams. Starting in physical therapy private practice is actually pretty simple - don’t take the path of least resistance! Episode at a glance: Stop procrastinating on your dream 30% of people are risk-averse Environment, personnel, systems of operation Step #1 for entrepreneurship
Ep.302: Recruiting A-Team Players to Your Private Practice
36:04Remember: we’re not just hiring a license and a heartbeat. How do we position ourselves as a top-tier practice in the eyes of potential new hires? How do we align with their purposes and values? Be smart about your compensation packages and write ads that spark interest. Episode at a glance: You don’t need to throw more money Consider hiring a recruiter Establish a relationship with PT Schools The hiring process Who by Geoff Smart and Randy Street
Ep.301: Industry Predictions for 2024
47:31Welcome to 2024! Many physical therapists that we’ve spoken to recently seem to be moving into the new year in a sort of frustrated haze. Picture this: if you use the right tools to fight your way through the jungle, you will make it to the beautiful lagoon on the other side. Prepare yourself for the new year with our informed physical therapy industry predictions. Episode at a glance: Our goals for the podcast for 2024 Focus on your objectives for 6-12 months from now You own time, it does not own you Physical therapy industry predictions (researched and opinion)
Ep. 300: Happy Holidays from MEG!
13:48The end of the year poses a great time for us to self-reflect and project for the future. If you keep doing what you’re doing, you’re going to keep getting what you’ve got! Don’t go another year saying “I wish”, “I should”, or “I could.” Give your staff the gift of merit-based compensation and give yourself the gift of entrepreneurship in private practice! Episode at a glance: Our 300th episode! What you didn’t get in PT School What is freedom? Be the Go-Getter **Special discount if you purchase MEG Academy before the end of the year!
Ep.299: The Bulletproof Compensation Model (Where Everyone Wins!)
38:28This week, we give you the key elements that are sure to help solve your recruiting problems. The top 10% want to reap the benefits of their hard work, understand your purpose, and win alongside the group. How do you attract these A-team players? Implement a value point system and the Pay-for-performance model - which is all pros, no cons! Learn how to cultivate a culture where your employees aren’t working FOR you, but are participating WITH you. Episode at a glance: Tools for hiring & recruiting Cure the staffing shortage disease Implement a value point system The bulletproof Pay-for-performance model Shorten the runway when hiring! 4-step rollout process
Ep.298: The Fee Schedule of the Future
34:20The “new normal” is that there is no normal. As the owner, you set the tone for your practice; and we tend to see a dramatic difference between the owners who have had executive training, versus those who haven’t. Put on your business hat and ask yourself - are you willing to change the way that you exchange with your patients? Learn which stats you should look at when evaluating your insurances, and which fee schedules the top 10% of practices are already winning with. Episode at a glance: Why does your business exist? Top fee schedules Insurance payor advice Proportion breakdown and stats
Ep.297: Resisting the “Doom-and-Gloom” Mindset
32:35We’re spanning our mindset across generations today. You can resist the pressure of group agreement by learning how to out-create yesterday. This is the game that you chose to play, so let’s elevate it! Your dream is still possible, even today. Also, learn how to harness the power of meetings! Episode at a glance: The individual versus the group This is the game you chose to play Somebody out there is succeeding The power of meetings