279 - Building and Leading an 8 Figure Chiropractic Business

Nov 12, 2024

31:44

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Episode notes

In this episode, you'll discover:

Lessons learned from private equity groups scrutinizing the business; and how that can be applied to your business today to make millions
Navigating the rough seas of change in a business
What we need to know about the chiropractic business landscape now
What we need to know about what’s coming next in chiropractic

Episode Highlights

00:56 - An introduction to Dr. Brian Capra and the conversation, focusing on the "last, now, and next" framework

03:49 - The need to re-engage and re-motivate, leading to a deeper understanding of private equity, valuations, and multiples.

06:29 - The complexity of merging companies and the importance of advisors in the process.

09:41 - The value of having a platform with multiple products to increase valuations as well as value to customers.

15:15 - The importance of building trust and credibility with customers through various services and products.

20:19 - The significant challenge of a cyber attack on Change Healthcare, which affected insurance billing and caused a backlog of 200,000 claims.

22:25 - The need to build an infrastructure to support rapid growth.

27:42 - The potential of AI to scale the business and the importance of embracing new technologies.

Resources Mentioned

To learn more about the REM CEO Program, please visit: http://www.theremarkablepractice.com/rem-ceo