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My 2nd Practice Location Failed…and Made Me A Millionaire

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Manage episode 381600671 series 3518207
Content provided by Justin Rabinowitz. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Justin Rabinowitz or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

There was a time when I decided to open a second practice out of a gym.

And it was fine, I mean nothing bad happened. But nothing good happened either, because all it did was distract me.

I kept working the same amount of days but my interest, focus, and energy became scattered.

I didn’t see a bump in revenue either, just an increase in headaches.

Because it turns out I didn’t need a second office to make more money. I needed to optimize and refine the practice I was already running.

I needed to enhance its marketing, sales, and treatment to the best they could be.

So one practice could maximize its potential.

Now that same practice does close to 7-figures a year.💸

But this isn’t only a story from my career, it's an experience many other healthcare entrepreneurs go through.

I learned the hard way, a second practice won't always make you more money.

However, this episode isn’t about talking you out of opening a second location.

It’s about telling you how to do it right.

The areas you should improve in before expanding.

And the problems that come along with opening a second office.

...

Thank you so much for listening to this episode and if you found this content valuable here are four ways I can help you for free:

1) Grab a copy of my free guide: The Rehab Chiropractor’s Checklist: Click Here For Instant Access

2) Go ahead and give me a follow on Instagram @justinrabinowitz where I post business content

3) Subscribe to my weekly newsletter by sending me an email at coaching@strive2move.com

4) Leave us a 5-star review so we can gain access to more influential people and bring those lessons back to you

  continue reading

100 episodes

Artwork
iconShare
 
Manage episode 381600671 series 3518207
Content provided by Justin Rabinowitz. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Justin Rabinowitz or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

There was a time when I decided to open a second practice out of a gym.

And it was fine, I mean nothing bad happened. But nothing good happened either, because all it did was distract me.

I kept working the same amount of days but my interest, focus, and energy became scattered.

I didn’t see a bump in revenue either, just an increase in headaches.

Because it turns out I didn’t need a second office to make more money. I needed to optimize and refine the practice I was already running.

I needed to enhance its marketing, sales, and treatment to the best they could be.

So one practice could maximize its potential.

Now that same practice does close to 7-figures a year.💸

But this isn’t only a story from my career, it's an experience many other healthcare entrepreneurs go through.

I learned the hard way, a second practice won't always make you more money.

However, this episode isn’t about talking you out of opening a second location.

It’s about telling you how to do it right.

The areas you should improve in before expanding.

And the problems that come along with opening a second office.

...

Thank you so much for listening to this episode and if you found this content valuable here are four ways I can help you for free:

1) Grab a copy of my free guide: The Rehab Chiropractor’s Checklist: Click Here For Instant Access

2) Go ahead and give me a follow on Instagram @justinrabinowitz where I post business content

3) Subscribe to my weekly newsletter by sending me an email at coaching@strive2move.com

4) Leave us a 5-star review so we can gain access to more influential people and bring those lessons back to you

  continue reading

100 episodes

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