The Remarkable CEO for Chiropractors 272 - How to Go from “Being the Machine” to Building the Machine
In this episode, you'll discover:
- Making the critical transition from being the machine to building the machine
- Trust the ascension process: The intentional addition and subtraction of hats
- Get clear on your 3 Roles: Operator, Leader (CEO) and Investor
- What hat should you be wearing right now?
Episode Highlights
03:20 - Recap of the well-attended webinar on the 7 figure Associate Doctor Compensation Plan Model and its relevance to the scaling and exiting business stages.
03:54 - The concept of ascensions for business owners, moving from owner operator to CEO to investor and their different roles & responsibilities.
05:01 - A breakdown of the three ascension roles—owner operator, CEO, and investor—highlighting the different perspectives, responsibilities, and goals of each.
08:34 - An introduction to the metaphor of "hats" to describe different roles, sharing personal stories about wearing multiple hats in family and business contexts.
12:21 - Real-life example of transitioning between different roles (assistant coach, head coach, investor), relating it to the varying responsibilities in business.
16:12 - The fluidity of the CEOs switch between roles on any given day or week, emphasizing the importance of knowing which hat to wear.
16:52 - The importance of consciously switching roles to serve the business best.
18:42 - The additive nature of roles means that ascension doesn't mean discarding previous roles; rather, it involves adding new roles and consciously switching between them as needed.
20:18 - The final ascension to the investor role, where the focus shifts to selling the business and maximizing its value.
Resources Mentioned
Watch an instant replay of the "7 Figure Associate Doctor Compensation Plan Model" webinar here: www.theremarkablepractice.com/podcast-ep272-rem-asc-webinar
Register now for the Remarkable Attraction Immersion here: https://theremarkablepractice.com/attraction-immersion/
To learn more about the REM CEO Program, please visit: http://www.theremarkablepractice.com/rem-ceo
Subscribe to our newest podcast "Build Your Remarkable Practice" here: https://podcasts.apple.com/us/podcast/build-your-remarkable-practice-for-chiropractors/id1734107477
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Dr. Stephen’s Book – The Remarkable Practice: The Definitive Guide to Build a Thriving Chiropractic Business