086 Why running a business is really fecking hard with Katie & Michael

Treat Your Business

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Hi everyone, it’s Katie Bell here. I’m thrilled to welcome you to another episode of the Treat Your Business podcast. This week, I have the pleasure of welcoming back Michael Schumacher, whose episodes are always among the most popular. We’ve had countless conversations, rants, and laughs about the industry, and today we’re bringing that energy to you. Let's dive in!

Episode Summary

In this episode, Michael and I discuss the reality of running a clinic and why it’s such hard work. We tackle the myth of the “magic pill” that promises quick success and share our frustrations about misleading industry advice. We also provide actionable insights on how to manage your clinic effectively without falling for unrealistic promises. Be warned, we don’t hold back and there may be some swearing, so if you’re listening with kids around, you might want to save this for later.

Key Takeaways

1. The Reality of Hard Work: Running a business is incredibly challenging. There are no quick fixes or magic pills. Success comes from consistent, hard work and dedication.
2. Misleading Industry Advice: Beware of gurus promising easy money or quick success. These often lead to wasted money and frustration.
3. Importance of Consistency: Consistency in your business practices, marketing, and client engagement is crucial for long-term success.
4. Valuing Your Time: As a clinic owner, it’s essential to recognise your value and delegate tasks that don’t require your direct involvement. This allows you to focus on what you do best.
5. Pricing Strategy: Don’t be afraid to adjust your pricing to reflect the quality and value of your services. Often, higher prices can lead to better business outcomes.
6. Leveraging Team Strengths: Building a strong team and knowing each member’s strengths can help streamline operations and improve client satisfaction.
7. Continuous Improvement: Even successful businesses need to innovate and adapt to stay ahead. Regularly review and improve your processes and services.

Connect with Michael

You can find more about Michael Schumacher and his work at HMDG. For insightful articles on pricing models and work ethic, visit their website https://HMDG.co.uk

Resources:

• BUY YOUR TICKET TO CLINIC GROWTH LIVE https://events.thrive-businesscoaching.com/clinicgrowthlive

• Join this months FREE masterclass https://join.thrive-businesscoaching.com/masterclass-registration
• Score App: https://bizhealthcheck.scoreapp.com/
• Book a Discovery Call to find out how our programs can help you grow your business https://call.thrive-businesscoaching.com/discovery-call
• If you've found value in this podcast, I'd greatly appreciate it if you could take a moment to leave a review. Your feedback helps others discover the show and join our community. Thank you for your support!: https://ratethispodcast.com/tyb

This podcast is sponsored by HMDG a physiotherapy, Chiropractic, and Allied Health specialist Marketing agency.

Capitoli

1. Welcome and Introduction (00:00:00)

2. The Reality of Hard Work (00:03:10)

3. Misleading Industry Advice (00:06:30)

4. Importance of Consistency (00:11:15)

5. Valuing Your Time (00:15:45)

6. Pricing Strategy (00:19:20)

7. Leveraging Team Strengths (00:22:30)

8. Continuous Improvement (00:27:10)

9. Real-Life Examples (00:31:00)

10. Final Thoughts and Wrap-Up (00:35:20)