Optometrists Building Empires

Ankit Patel
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Optometrists Building Empires

Welcome to Optometrists Building Empires! Each week, host Ankit Patel, explores the journey of multi-practice ownership and leadership in optometry with some of the top minds in his field. This show is sponsored by My Business Care Team: We help increase revenue, reduce costs, and reduce staffing headaches. Let's build your empire together!

  1. Eyes on Excellence: Anith Pillai- Optometrists Building Empires - Episode # 012

    4 DAYS AGO

    Eyes on Excellence: Anith Pillai- Optometrists Building Empires - Episode # 012

    Elevate your optometry practice with expert advice from Dr. Anith Pillai,co-owner of Evolutionary Eye Care. Anith sits down with host Ankit Patel to uncover strategies for scaling your practice, effective team management, and staying at the forefront of the ever-evolving eye care industry. Dr. Pillai offers valuable insights on delegation, smart risk-taking, and the powerful effects of positive reinforcement on team performance. Gain inspiration from his experiences and learn practical tips for innovating and expanding your own practice.    Takeaways: Delegate Responsibilities. Empower your team members to take on more responsibilities. This will allow you to focus on growth and innovation.Take Calculated Risks. Carefully assess risks with a thorough analysis of metrics. Look for opportunities that present a good balance between potential success and manageable failure rates.Implement Video Training. Use video training tools like Loom to create instructional content. This will save time and ensure consistency in training new staff members.Use Positive Reinforcement. Shift your focus towards highlighting positive achievements more than negative ones. This boosts team morale and productivity.Utilize Virtual Assistants. Delegate administrative tasks and patient interactions to virtual assistants to free up time for more critical activities. Invest in Staff Development: Continuously invest in the development of your staff through training and upskilling. This will help maintain a high standard of service and prepare for internal promotions.Proactively Manage Work-Life Balance: Ensure that you schedule time for personal activities and family, just as you schedule professional commitments. This balance is essential for long-term satisfaction and productivity. Quote of the Show: “I needed to realize it's so important, maybe the most important to highlight their wins and not so much highlight their losses and deficiencies. ” - Anith PillaiLinks: LinkedIn: https://www.linkedin.com/in/anith-pillai-a3b69a119/  Instagram: https://www.instagram.com/anithp23/?hl=en   Evolutionary Eyecare website: https://www.evolutionaryeyecare.com/index.html?noamp  Facebook: https://www.facebook.com/Anithp23 Email: drpillai@evoluationryeyecare.com Ways to Tune In: Spotify: https://open.spotify.com/show/5w1H9BBwRXvBSSkexePYxG Apple Podcasts: https://podcasts.apple.com/us/podcast/optometrists-building-empires/id1762685070 Amazon Music: https://music.amazon.com/podcasts/689a039b-54ce-4f04-b641-66d8640d93d0 Podchaser: https://www.podchaser.com/podcasts/optometrists-building-empires-5812208

    40 min
  2. Building Practices with Purpose - Adam Cmejla - Optometrists Building Empires - Episode # 011

    OCT 24

    Building Practices with Purpose - Adam Cmejla - Optometrists Building Empires - Episode # 011

    Ready to supercharge your financial strategies and build your optometry empire? Our guest today is Adam Cmejla, a powerhouse in financial advising dedicated to optometrists nationwide. He is the founder and president of Integrated Planning and Wealth Management. In this episode, we'll uncover the secrets behind his expertise, from planning life on purpose to intentional practice ownership. Get ready to take your financial planning to the next level and learn how to optimize your business for ultimate success. Welcome to another exciting episode of Optometrist Building Empires!   Takeaways: Establish Clear Goals. Begin with the end in mind and create concrete goals. Communicate these objectives clearly to your team to ensure everyone is aligned.Adopt a Strategic Approach. Regularly set aside time to work on the business, not just in it. Focus on strategies such as increasing patient inflow, enhancing patient experience, and optimizing operational efficiency.Leverage Technology Correctly. Implement new technology or equipment only after thorough planning. Calculate the return on investment and ensure your team is equipped to maximize its benefits.Focus on Training and Development. Continuous training and development for your team should be a priority. Build a training program that updates and enhances the skills of your staff.Measure and Analyze Key Metrics. Regularly review financial statements, patient feedback, and other critical metrics. Use this data to make informed decisions and to track the progress of business goals.Develop a Succession Plan. Plan for the future by developing a succession plan. Identify and mentor potential leaders within your organization to ensure the continuity of your business.Always prioritize patient care and experience. Happy patients are more likely to return, refer others, and leave positive reviews, which contributes to practice growth. Quote of the Show: “As long as we are delivering value into the world, there is an infinite amount of value that we can provide.” - Adam CmejlaLinks: 20/20 Money Show Podcast: https://linktr.ee/2020moneyshow LinkedIn: https://www.linkedin.com/in/acmejla/ 20/20 Money Membership: https://www.2020membership.com/ Website: www.integratedpwm.com Review of Optometric Business PE article: https://reviewob.com/why-selling-to-pe-could-cost-you-six-figures/  Book Shoutouts:  Who Not How by Dan Sullivan: https://www.amazon.com/Who-Not-How-Accelerating-Teamwork-ebook/dp/B0867ZJ151  The Effective Executive by Peter Drucker: https://www.amazon.com/Effective-Executive-Definitive-Harperbusiness-Essentials/dp/0060833459  Atomic Habits by James Clear: https://www.amazon.com/Atomic-Habits-Proven-Build-Break/dp/0735211299  7 Habits of Highly Effective People by Dr. Stephen Covey: https://www.amazon.com/Habits-Highly-Effective-People-Powerful/dp/0743269519  Profit First by Mike Michalowicz: https://www.amazon.com/Profit-First-Transform-Cash-Eating-Money-Making/dp/073521414X/ref=asc_df_073521414X/?tag=hyprod-20&linkCode=df0&hvadid=693502746917&hvpos=&hvnetw=g&hvrand=6045037668158536149&hvpone=&hvptwo=&hvqmt=&hvdev=c&hvdvcmdl=&hvlocint=&hvlocphy=1021903&hvtargid=pla-298926601855&psc=1&mcid=9fb5286c0d68364aa8d7a52362ff4a3d    Ways to Tune In: Spotify: https://open.spotify.com/show/5w1H9BBwRXvBSSkexePYxG Apple Podcasts: https://podcasts.apple.com/us/podcast/optometrists-building-empires/id1762685070 Amazon Music: https://music.amazon.com/podcasts/689a039b-54ce-4f04-b641-66d8640d93d0 Podchaser: https://www.podchaser.com/podcasts/optometrists-building-empires-5812208

    49 min
  3. 5 Expert Voices on Staffing for Growth - Optometrists Building Empires - Episode # 010

    OCT 17

    5 Expert Voices on Staffing for Growth - Optometrists Building Empires - Episode # 010

    Take your business staffing strategy to the next level with insightful advice on growing your empire and developing a visionary team. In this week's episode, we revisit insights from our guests regarding staffing. Discover the secrets to recognizing your limitations, leveraging self-awareness, and identifying key players who can effectively complement your strengths. Learn from leaders who have successfully implemented these strategies and get motivated to build a thriving, dynamic team that will drive your business growth exponentially.   Links to Full episodes: Adam Palohttps://youtu.be/6CM9ketxCUk Michael Dittmanhttps://youtu.be/z6L4UueFkwc Tony Turinhttps://youtu.be/y7k5FJ-ekgQ Christopher Browninghttps://youtu.be/zEnOw7-T6y8 Jim Woodhttps://youtu.be/PJQnvEKqqIo Ways to Tune In: Spotify: https://open.spotify.com/show/5w1H9BBwRXvBSSkexePYxG Apple Podcasts: https://podcasts.apple.com/us/podcast/optometrists-building-empires/id1762685070 Amazon Music: https://music.amazon.com/podcasts/689a039b-54ce-4f04-b641-66d8640d93d0 Podchaser: https://www.podchaser.com/podcasts/optometrists-building-empires-5812208

    19 min
  4. Mastering Emotional Leadership - Chad Fleming - Optometrists Building Empires - Episode # 009

    OCT 10

    Mastering Emotional Leadership - Chad Fleming - Optometrists Building Empires - Episode # 009

    In this week’s episode of Optometrists Building Empires, Ankit sits down with Chad Fleming, Owner and Optometrist at Wichita Optometry. Chad shares powerful insights into leadership, emotional intelligence, and efficiencies in practice management. Discover his secrets of scaling your practice, balancing business and personal growth, and building a resilient team. You will learn vital lessons on continual learning, fostering a positive workplace culture, and managing patient relationships effectively.    Takeaways: Successful growth and integration require adopting new practices and mindsets. Emphasize the importance of continual learning and adopting best practices for leadership and business success.Understanding and integrating the existing culture of new practices when acquiring them is crucial. Be prepared to manage the cultural differences when merging practices to ensure a unified team dynamic. In leadership and training, it’s essential to demonstrate desired outcomes through actions and examples rather than mere instructions. This approach was echoed in Dr. Fleming's leadership style and his methods of mentoring new associates.Effective leadership is characterized by emotional intelligence, showing grace, and understanding, while also maintaining clear boundaries and expectations.Innovation is extremely important when reducing costs and maintaining profitability, particularly through joining or creating consortiums for better purchasing power. Quote of the Show: “Do you want profits, or do you want your dad's-old-country-club-way of doing things like they've always been done? You gotta be innovative and you gotta be willing to think differently.” - Chad FlemingLinks: LinkedIn: https://www.linkedin.com/in/chadfleming-od/ Wichita Optometry Website: https://wichitaoptometry.com/ Partners In Profit Website: https://pipgpo.com/ Email: chad@pipgpo.com  Ways to Tune In: Spotify: https://open.spotify.com/show/5w1H9BBwRXvBSSkexePYxG Apple Podcasts: https://podcasts.apple.com/us/podcast/optometrists-building-empires/id1762685070 Amazon Music: https://music.amazon.com/podcasts/689a039b-54ce-4f04-b641-66d8640d93d0 Podchaser: https://www.podchaser.com/podcasts/optometrists-building-empires-5812208

    43 min
  5. The Compound Power of Consistency - Tony Turin - Optometrists Building Empires - Episode # 008

    OCT 3

    The Compound Power of Consistency - Tony Turin - Optometrists Building Empires - Episode # 008

    Discover what it truly means to be an entrepreneurial powerhouse in the field of optometry with Dr. Tony Turin. In this week’s episode, we delve into the entrepreneurial journey of Dr. Turin, a recognized leader known for his clinical expertise and commitment to advancing optometry. From his beginnings in the U.S. Army to becoming the owner of Mount Hood Eye Care with three thriving locations, Dr. Turin shares invaluable lessons on consistency, patient care, and building a successful practice from the ground up.    Takeaways:  Spend extra time with patients and explain their conditions in detail as it can lead to higher patient satisfaction and loyalty, even if seeing fewer patients in a day seems counterintuitive.Hiring 'A' players can significantly outperform multiple average employees. Investing in good staff pays off in productivity and quality care.Running a lean operation by optimizing tasks and utilizing technology for efficiencies, like online patient intake forms, can save time and improve patient care.Establishing trust through personalized care and communication with patients from the first interaction increases patient retention and satisfaction.Enjoying the process of growing and operating a practice is just as important as the financial rewards. Satisfaction in daily activities contributes to long-term success and personal happiness.Engaging in challenging activities outside of work, such as physical adventures, can provide personal growth and build deeper friendships, contributing to overall well-being. Quote of the Show: “You have to find a way to enjoy the process as well as the profits.” - Tony TurinLinks: LinkedIn: https://www.linkedin.com/in/tony-turin-405565a1/  Company website: https://www.mthoodeyecare.com/  Email - tonyjturin@gmail.com  Ways to Tune In: Spotify: https://open.spotify.com/show/5w1H9BBwRXvBSSkexePYxG Apple Podcasts: https://podcasts.apple.com/us/podcast/optometrists-building-empires/id1762685070 Amazon Music: https://music.amazon.com/podcasts/689a039b-54ce-4f04-b641-66d8640d93d0 Podchaser: https://www.podchaser.com/podcasts/optometrists-building-empires-5812208

    33 min
  6. Eyeing Opportunities - Bradley Grant - Optometrists Building Empires - Episode # 007

    SEP 26

    Eyeing Opportunities - Bradley Grant - Optometrists Building Empires - Episode # 007

    Welcome to Optometrists Building Empires! In today's podcast, Ankit sits down with Dr. Bradley Grant, owner and optometrist at Mid-State Eye & EYE Wisconsin. He is an outstanding optometrist and entrepreneur who has successfully scaled his practice while maintaining a strong commitment to top-notch patient care. Dr. Grant discusses his journey, focusing on his strategy of acquiring underperforming practices in smaller communities and turning them around through improved patient care and strategic business practices. Takeaways: ~ Instead of following the crowd, look for opportunities where others see challenges. For example, seeking out practices with declining revenues or areas with fewer providers can turn apparent disadvantages into profitable ventures.~ Investing in smaller communities can yield significant long-term wealth and stability. These communities often appreciate and support local professionals, fostering patient loyalty and business growth.~ Build a culture where kindness and compassion are core values. This can enhance patient experiences and differentiate your practice within the healthcare landscape. ~ Implement cross-training for staff so they can cover multiple roles as needed. This flexibility can ensure seamless operations even during staff shortages or peak times, and help maintain high levels of service without overwhelming any single team member.~ Utilize outsourcing for non-patient-facing tasks like insurance verification, billing, and appointment scheduling. This can reduce turnover, free up front-line staff to focus on patient interactions, and improve overall efficiency and profitability.~ Embrace technologies such as AI and telehealth to expand your reach. These innovations can help deliver high-quality care remotely and overcome the limitations posed by a shortage of in-person doctors. Quote of the Show:~ “There's a misconception that our choice is either to accept poor reimbursements from vision plans or have to go all cash pay. There's just such a wide opportunity in the middle” - Bradley Grant Links:~ LinkedIn: https://www.linkedin.com/in/bradley-grant-049a0677/  ~ Mid-state Eye: https://midstateeye.com/~ EYE Wisconsin: https://eyewisconsin.com/  Ways to Tune In:~ Spotify: https://open.spotify.com/show/5w1H9BBwRXvBSSkexePYxG ~ Apple Podcasts: https://podcasts.apple.com/us/podcast/optometrists-building-empires/id1762685070 ~ Amazon Music: https://music.amazon.com/podcasts/689a039b-54ce-4f04-b641-66d8640d93d0 ~ Podchaser: https://www.podchaser.com/podcasts/optometrists-building-empires-5812208

    36 min
  7. Embracing Limitations - Adam Palo - Optometrists Building Empires - Episode # 006

    SEP 19

    Embracing Limitations - Adam Palo - Optometrists Building Empires - Episode # 006

    Welcome to another exciting episode of Optometrist Building Empires! This episode promises to take your practice growth strategy to new heights with groundbreaking insights from our guest, Dr. Adam J. Palo, Optometrist and President of The Eye Institute. Adam is an impressive entrepreneur with over a decade of experience in medical optometry and dry eye treatment. He brings invaluable knowledge and practical tips on scaling your optometry practice while maintaining a high level of patient care.    Takeaways:  Leaders should perform self-assessments to identify their weaknesses and actively seek out individuals who possess complementary skills.Be transparent with your team about the business goals and the steps required to achieve them. This involves not just telling them what needs to be done, but also explaining why and how.Invest in staff training and maintain open lines of communication. Additionally, create a compelling workplace culture where employees feel invested in the company's success.Use performance-based incentives to motivate employees. This can include financial bonuses tied to specific targets, which encourages them to contribute to key business goals.Personal discipline in both mental and physical challenges enhances leadership capabilities and resilience.Embrace failure as a learning opportunity. Use the experience to gather insights and improve future strategies.Quote of the Show: “You have to accept failure. Failure is what gets you prepared for the next step.” - Adam PaloLinks: LinkedIn: https://www.linkedin.com/in/adamjpalo/ Website: https://youreyeinstitute.com/ Instagram: https://www.instagram.com/adam.palo/ Email: apalood@youreyeinstitute.org Ways to Tune In: Spotify: https://open.spotify.com/show/5w1H9BBwRXvBSSkexePYxG Apple Podcasts: https://podcasts.apple.com/us/podcast/optometrists-building-empires/id1762685070 Amazon Music: https://music.amazon.com/podcasts/689a039b-54ce-4f04-b641-66d8640d93d0 Podchaser: https://www.podchaser.com/podcasts/optometrists-building-empires-5812208

    38 min
  8. From the Army to Optometry - Derek Black - Optometrists Building Empires - Episode #005

    SEP 12

    From the Army to Optometry - Derek Black - Optometrists Building Empires - Episode #005

    Get ready to take your optometry practice to the next level with powerful insights about building partnerships, scaling your business, and navigating the challenges of private practice. Who better to share this expert advice than the accomplished Dr. Derek Black! With his extensive experience in the military and private practice, Derek has navigated the complexities of optometry to build a thriving business. In this episode, you'll learn tips on fostering meaningful relationships, managing staff efficiently, and overcoming unforeseen obstacles. Get motivated to develop a practice that not only excels in patient care but also thrives as a business.    Takeaways: Building and maintaining strong relationships is crucial for business growth and employee satisfaction. Networking and creating genuine connections can be vital for finding the right team members and partners.Being honest and transparent with your employees about policies and expectations, while also offering competitive benefits like healthcare reimbursements and 401k plans, can build a loyal and motivated team.Significant challenges come with scaling a business, such as varying demographics and billing issues. Learning financial management and oversight to navigate these obstacles is crucial.Utilizing social media groups and professional networks can be invaluable for troubleshooting business challenges and finding mentorship or advice from peers in the industry.Operating multiple clinics with partners allows for a more flexible schedule, which can lead to a better work-life balance and avoid burnout from managing a single practice on your own.Incorporating full-scope optometry services, such as dry eye treatments and myopia control management, can add significant revenue streams to your practice.While it's essential to trust your team and partners, implementing systems to regularly verify and oversee operations is critical to preventing errors and financial issues. Quote of the Show: “You treat the patient right, and then everything else falls into place” - Derek Black Links: LinkedIn: https://www.linkedin.com/in/derekblack1/ Company website: https://www.lakelaniereyecare.com/Facebook:  https://www.facebook.com/derek.black.7370Ways to Tune In: Spotify: https://open.spotify.com/show/5w1H9BBwRXvBSSkexePYxG Apple Podcasts: https://podcasts.apple.com/us/podcast/optometrists-building-empires/id1762685070 Amazon Music: https://music.amazon.com/podcasts/689a039b-54ce-4f04-b641-66d8640d93d0 Podchaser: https://www.podchaser.com/podcasts/optometrists-building-empires-5812208 YouTube: https://youtu.be/4aD87v1kqJo

    31 min
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Welcome to Optometrists Building Empires! Each week, host Ankit Patel, explores the journey of multi-practice ownership and leadership in optometry with some of the top minds in his field. This show is sponsored by My Business Care Team: We help increase revenue, reduce costs, and reduce staffing headaches. Let's build your empire together!

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  • Creator
    Ankit Patel
  • Years Active
    2K
  • Episodes
    13
  • Rating
    Clean
  • Copyright
    © 2024 Ringmaster Conversational Marketing
  • Show Website
    Optometrists Building Empires

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