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From Solo Practitioner to Multi-Clinic CEO: Strategic Growth Tips with Dr. Michael Henry
In this episode of Carex, we delve into the journey of Dr. Michael Henry, the founder and CEO of Techstar Chiropractic, who successfully scaled his practice from a solo clinic to multiple locations.
Dr. Henry shares his insights on the mindset shifts, key metrics, and systems essential for building a profitable and sustainable multi-clinic practice. From his beginnings with a single 'everything center' clinic to the strategic decision to expand to multiple locations, Dr. Henry discusses the importance of coaching, vision, and smart growth.
He also offers valuable advice on managing regulatory challenges, hiring the right associates, and maintaining a balance between hands-on patient care and business management.
Whether you're a chiropractor looking to expand your practice or a business owner seeking sustainable growth strategies, this episode is packed with actionable insights.
00:00 Introduction to Strategic Growth in Chiropractic
00:26 Dr. Michael Henry's Journey to Multi-Clinic Success
00:47 Mindset Shifts for Scaling a Practice
03:20 The Role of Coaching in Professional Growth
05:23 Metrics and Systems for Expansion
07:47 Vision and Strategy for Multiple Locations
10:40 Challenges and Considerations for Mobile Chiropractic
12:29 Building a Credible Chiropractic Brand
13:28 Personal Journey: From Medical Aspirations to Chiropractic
16:48 Key Metrics for Practice Growth
21:39 Identifying Green Lights for New Locations
25:16 Finding the Right Associates
26:19 Challenges of Hiring in Different Locations
27:36 Lessons from Expanding the Practice
30:55 Importance of Patient Experience
39:42 Regulatory Insights and Business Impact
44:32 Scaling and Systematizing the Practice
47:48 Balancing Management and Practice
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