Fall Promotions

Fall is here and soon it will be the Holiday Season, and the next thing you know, we will be in the dead of winter in 2009.

Yes, life goes on, but you would hardly know it with the constant war between the electoral candidates.  Oh, and then there is this financial crash. Some say the worst since 1929.

With all of this going on, who has time to focus on health care and wellness?

You do! And you better.

I talked to a doctor recently who was looking at buying survival food and was scaring his family half to death with tales of Armageddon. Another doctor called us and wanted to sell his practice.  What?!#

Let’s all take a deep breath and reread the Serenity Prayer.

Thinking global is fine, but you have to focus on the local. And the local is your patients here and now.  They need your best care, and so do their families, friends and the companies with whom they work. Your community needs your chiropractic care and leadership now more than ever.  In addition to the noise of elections and the current financial distress, our country’s “health care” system is in very bad shape.

It is really a question of leadership. When the niceties that hold up our society start to crumble, we are forced to reconsider our basics principles, purposes, and operating procedures. We reach for fundamentals – the things that are really important and do not change.

We know chiropractic works. It did in 1929, 39, 49, etc. We know people still need it and still benefit from it. Then the rest is up to us.

This also applies to our staffs. In uncertain times, everyone looks for certainty. And nothing is more certain than the tried and true science of chiropractic technique. What popular and accessible health care profession out there does it is better?   What gets more people healthier for less cost? It is you – the chiropractic doctor and professional chiropractic team member.

So, it is up to you to be the beacon, the light house, the calm and confident leader to your staff and patients. You have to be focused on your art, and stay centered in your philosophy.

There have always been crises. There always will be. But the basics always apply. And those who apply them win in the end.

So, back to reality here. Some of the basics include promotion. And for promotion to work it has to be planned and scheduled. Let’s look at what you are doing for your marketing calendar this month.

Here are some ideas:
1.    Marketing Manager System – Monthly Marketing Meeting. Schedule a marketing meeting soon. Review last several months. What worked, what didn’t. Look at the numbers. Make plans for the next 4 months – through February.
2.    Short term. Halloween ideas.
3.    November. Food drive for the less fortunate
4.    December. First week. Gift exchange, internal trade show at the office.
5.    Jan.  Workshops on fitness, health, and economical ways to stay fit.
6.    February. Valentine’s Day promotion. More workshops.

(Note to active clients and those of you who own the Marketing Manager System program: You can find sample word documents on your MMS computer program and on the MMS member’s site. Also, you can check with your consultant for customized for other materials.)

I would also be scheduling speaking engagements external and internal to the office for the first three months of the new year now.

For the next couple of months, you may have to work more internal. Make your office the warmest and friendliness and safest island of calm and health in your community. NO NATIONAL news.

Remember your basics: chiropractic works, people need it, and it is up to you to see that they get it. Stay focused on this formula, and you will have a bountiful fall and winter.

Fight or Flight – Creating Your Own Economy

Brookings, Oregon.
Wednesday, October 1, 2008

***Rock stable principles in a sea of bad news – and the future of your practice
***October promotion with sample
***Reimbursement teleseminar coming soon
***Seminars in November and December

—————————————————-

Are you scared?

More and more, it seems like fear mongering is used by associations, consultants, and governments.

One doctor, who is having his best year ever, recently called in worried, questioning what he should do. He had just read his state association’s monthly magazine with the headline that chiropractors earned less, again, this last past year.  The article cited a survey and offered no real encouragement about what to do.

As a client of ours, we referred him to objective evidence that the action steps he had been working on were taking his business to record highs and that we were on the right track.

Another article by a well known chiropractic and dental consultant published last year talked about how chiropractic was all washed up. He suggested chiropractors start working for massage therapists.

You can always find bad news. But the fact, and the good news, is that if you implement fundamental marketing and management systems into your practice, and keep them going on a recurring basis, it will grow.  We know this to be true as we see it demonstrated from the numbers that come in from our clients. They are growing.

For business in general, at least here in the Midwest, things aren’t all bad. A recent report says that “Business activity in the U.S. Midwest expanded in September at a faster rate than expected, with production picking up rapidly and hiring rates on the rise, a report showed on Tuesday.” (Reuters, Sept. 30)

Fear is a strong emotion. It can make you panic and lose sight of what is right in front of you. A major reason people drown while swimming is because they let fear take control of them.

There may be threats to your survival staring you down, but fear and panic only make it worse. In the martial arts, you are trained to stay calm in violent situations and use your energy only when it is most effective. You have to be willing and able to take action. Fleeing can be more dangerous. But most of all, you stay calm, stay focused, and get through the situation ideally with non violence.

While our economic system, as well as our health care system, continues to destabilize, consider these elements which are as stable as rocks in pounding surf.

Chiropractic Results. Chiropractic has worked through wars, depressions, recessions, and will continue to do so no matter what the future brings.

Need For Chiropractic Care. People have needed chiropractic care in the past and this won’t change. In fact, with an aging population and a growing orientation towards wellness, the demand for chiropractic care will only grow.

Business. Globally, the Market will go through whatever changes it needs to go through. Locally, however, the principles of the Market and fair exchange do not change. People will pay for quality services and goods that they feel they need.

Your chiropractic practice, properly systematized, is an engine that exchanges the health benefits of chiropractic care with those who need it.

So, don’t be distracted by fear mongering about the national or even the chiropractic economy. Do not panic. You are not drowning.

What is the outlook for your business? It is promising! Why? Because you are able to create your own economy by implementing and maintaining effective marketing and business systems that support your practice.

Work on your business. Make it better. Learn about marketing and how to systematize your procedures. Study and get support as needed to improve all aspects of your operation. In fact, now more than ever, the best investment you can make is in your business.  But, keep in mind the fundamentals mentioned above never change.

# # #

October Promotion. Here is a simple promotion you can use for October, or any month. Link to promotion.

Show Me The Money – Teleseminar on Chiropractic Reimbursement. As a reminder, this Tuesday, October 7, we will have another teleconference on Chiropractic Reimbursement. Our last one was a tremendous success. Dave Michel is truly an expert in this area and your staff will benefit from attending this one hour seminar.   For active clients, the access code and phone number will be posted on our member’s site by Friday, October 3.  If you are not a client, you can learn more here –more info.

Seminars. Then, take advantage of attending one of our 3 Goals Seminars in Boston, on Thursday, November 6, or Chicago on Thursday, December 4.    More info.

Spinefest

Dr. Don Warren and his happy team of professional chiropractic assistants created one of the greatest and most fun special promotions I’ve seen a long time. They call it Spinefest.

One type of an effective Special Promotion  ties into a donation program, which in this case, was a food drive. Not only were they able to generate money for the “Feed the Hungry” program and get great publicity doing so, they also fostered good will in the community and as a result, saw their new patient numbers head skyward.

They do this every fall. A recent magazine article just came out featuring Dr. Warren on the back cover. (Note: The article states that Dr. Warren is president of his state association which is incorrect.)

Chiropractic Special Promotions

  • What is a Special Promotion?
  • How often do you use them?
  • Why do you use them?
  • Are there times that you shouldn’t use them?
  • What is the key to their success?
  • Plus- 14 Questions for each promotion.
  • Plus- 24 examples of special promotions.

What Is a Special Promotion?

A special promotion is a promotion that is not a regular part of your standard patient marketing procedures.  Every clinic should have routine and recurring procedures that serve to promote its services.  This would include different forms of patient education, recommendations to patients to bring in family members for a check-up, the manner in which the phone is answered, newsletters, etc.

On occasion, however, you may want to celebrate a special event, like the anniversary of our clinic, or hold a party for all of your patients for the holidays, or take part in a community wide donation program with your patients.  This is called a special promotion.  They can be targeted to your entire patient base, or just a section of it. For example, you could set aside a special day for just for kids or an after hours “Girls Night Out.”.

How Often Are Special Promotions Used?
Because these promotions can be directed at select groups of patients and non patients, you could have as many as one or two per month.  However, they do take up staff time to prepare properly and to execute each promotion effectively. Therefore, a special promotion every 2 to four months is usually adequate.

Why use Special Promotions?
There are a number of reasons to do special promotions.  First, of course, they can generate new patients.  But there are other reasons as well.  For example, handing out carnations to mothers on the week before Mother’s Day is done just for the goodwill– because it is a nice thing to do.  Another reason is that it can add fun for the staff by providing them with an activity outside of their usual patient services and admin duties.

Another benefit of special promotions is that it draws attention to your office. Patients and non-patients see that there are extra exciting activities occurring with your office in addition to the great service you provide.  It helps create marketing “buzz,” or conversations about your office.

When Not to Use Special Promotions
If you or your staff are already stressed with extra work, major in-office changes, or have repeatedly done new patient promotions recently, do not schedule a special promotion soon.  You need to build up your routine and recurring internal and external promotional procedures for a while in order to “grow” more new patients.  A special promotion is like a special harvesting… you can’t pick apples off a tree more than once in a season.

Special promotions can act like an artificial boost.  Often, the real energy has been built up in the office or in the community and a special promotion just “releases” it.

You may have seen other doctors trying to run a special promotion in the newspaper over and over, usually for something free.  It may have worked once, and may work again, but probably not right away.  Continuous “specials” poorly targeted and improperly timed will grind your other promotions down to a halt.

Preparation Is The Key
Plan ahead.  At least 70%, of the work of a special promotion is in preparation.  Avoid “too little too late”, a common mistake with  many promotions.

Plan several special promotions for the next six months.  You can always cancel them later if you have too many. You can tie them into seasons, holidays, special events, or anything that might be of particular interest to your community, to your patients, and … to you and your staff.  They should be kept fun and creative.  Everyone should be involved.  The event should be discussed at staff meetings, and different projects delegated to different staff, even the doctors.

Different promotions can be delegated to different team members.  You can give each person the option of creating their own event.  In one office the Billing and Collections Coordinator took on the month of August and organized a  “Flea Market” on a weekend in the clinic’s parking lot.  Patients rented booths and a food vendor set up a shop, and health screenings were provided by the office. It was a resounding success.

Lastly, someone should act as the Special Promotion/Event Coordinator to help keep things organized.

14 Questions to Ask for Each Special Promotion

  1. Why are we doing this event and how does it align with our mission
  2. Who exactly is the special promotion for?
  3. Is the event just internal to the office, or just external, or both?
  4. Is the event designed to directly generate new patients, just generate good will, or both?
  5. What does the target market get out of it?  Why would they want to participate?  What is in it for them?
  6. What are we going to get out of the event?  How will it benefit our clinic?
  7. When are we going to have it?
  8. What is the duration of the event?
  9. What is our budget?
  10. How are we going to promote it?
  11. What needs to be done?
    1. Before the event
    2. During the event
    3. After the event.
  12. Are all of the duties listed above delegated to individual staff?
  13. Who is the coordinator for the event?
  14. Do they have time scheduled to prepare for the event?

Examples of Special Promotions
(I-Internal, E-External)

  1. Senior’s Day (I&E)
  2. Valentine’s Day (I)
  3. National Correct Posture Month (May) (I&E)
  4. Mother’s Day (I)
  5. Father’s Day (I)
  6. Kid’s Day (I&E)
  7. Back to School Day for Kids (I&E)
  8. Patient Appreciation Day (I)
  9. Community Appreciation Day (E)
  10. Open House (I&E)
  11. Grand Opening (E)
  12. Anniversary (I&E)
  13. Spinal Health Care Month (I&E)
  14. Food Drive (I&E)
  15. Toy Drive (I&E)
  16. Other donation drives, such as YMCA (I&E)
  17. Christmas gifts, coupons and health certificates (I&E)
  18. General referral coupons for friends and family members of patients
  19. Teacher’s Appreciation Day (I&E)
  20. Care to Share (Internal)
  21. Doctors with a Heart
  22. Girls Night Out (Internal/External)
  23. Cinco de Mayo Party
  24. Fireman Appreciation Week
  25. Blame Someone Else Day

Example of One Doctor’s Successful Promotion

For more articles on practice development for your chiropractic office.

To learn about our Marketing Manager System.

It's Summer. Get Outside!

Summer is a great time to promote your services.

While all marketing starts from the “inside” and internal marketing can be very effective, so can external marketing.  Internal, or in the office marketing, is a form of networking. The most effective form of external marketing, or marketing to non patients outside of the office, has also been networking.

In our world today, we are “spammed” to death.  It is estimated that we are hit over 2,000 times each day in the US with advertisement impressions. There is just too much “noise.”

One of the reasons social networking on the internet has grown is that it allows people to bypass the noise and network on a more personal basis.  But real world local networking opportunities exist right in your back yard: summer “block parties”, church socials, Lions Club pancake breakfasts, parades, 10-Ks and other walk/runs, donation drives – the list goes on and on.

You can just show up and meet people. Let them meet you.  Much like an elected official does when she runs for office.  You can also get a picture taken of the event and then use this in your internal promotions.

Here is a picture of me waving to the crowd with our state representative, Dr.Sheldon Wasserman, at our local 4th of July parade.

Get a list of upcoming community events from the Chamber of Commerce and schedule a screening, talk, an information booth, your own participation (volunteer your help), or just a visit. Be neighborly.

There is often a run or walk as part of a donation program during the summer months in which you and your staff can participate.  We have seen offices proudly wear their office t-shirts and recruit many patients to do the same.

When you are networking, you get to know people. Be interested in them and thier interests. Then you can hand out your cards. You an also hand out coupons for a screening or workshop at your office. And then, of course, there are on site screenings.

Screenings still work. You better believe it! But they have to be well organized. Most importantly, the people doing the screenings have to want to be there and have fun doing them.  We have been doing screenings for over 20 years and they can be as effective now as they ever were.  But whether you do a screening, or run, or just show up with your friendly conversation and cards, there are many summer events for you to get out and do some networking.

Here are just some of the benefits:

  • Meet new people who can eventually become new patients or new referral sources.
  • Meet active patients and strengthen your relationship with them in a different setting.
  • See inactive patients and reactive them, or encourage referrals from them.
  • Get out, get some sun and have some fun!

As Woody Allen is to have said:

Eighty percent of success is showing up.

 You can’t loose. It’s Summer. Get Outside.

#  #  #

Promotions: Just Schedule Them

As we have said MANY times before, the number one problem with the marketing in most offices is that— it just doesn’t get done.What is the solution?A big part of it is just scheduling them.

To help you with this, you need a marketing calendar.

Once a month, take an hour off and plan some internal and external events over the next several months.

If you wonder where your patients are, make sure your front desk has them scheduled to come in.

Next, you better make sure you have your promotions scheduled to encourage new people to come in.

To help you with this, here are 4 great resources:

  1. Essential elements about your chiropractic practice marketing plan.
  2. Sample three month planning calendar for download.
  3. Sample 12 month marketing calendar for down download (81/2 x 11).
  4. Large, 2 foot by 3 foot marketing wall calendar for purchase.  Post this in your break room and to plan and coordinate your upcoming promotions with your team.

Protecting Your Patients From Negative Press

Just caught a minute of CNN Wednesday morning (June 25) about chiropractic and strokes.

The news anchor interviewed CNN’s resident M.D., Dr. Sanja Gupta, who reports on a specific stroke victim, Britt Harwe. He refers to an “advocacy group” for other stroke victims of chiropractic, and uses the term “Chiropractic Stroke.”  He also interviews a representative from the American Chiropractic Association who gives a pretty lame presentation.

So, to start off with, the piece is slanted negatively.

Then, the M.D. recommends that viewers only see chiropractors who have been licensed and who have attended chiropractic colleges, which are 2-4 year programs.  I may have missed something, but I have never seen, or heard of a chiropractor who has attended a two year D.C. program. Again, another slant covertly snuck in.

But then I checked: this  lady had a stroke FIFTEEN years ago! CNN is Cable NEWS network.  What about this is news?

To be fair, Gupta had a nice piece about chiropractic a few years ago.  And, not to pick on CNN, as I saw at least one negative article at another network’s web site.

While a stroke can be tragic, as in the case of Ms. Hawre, a quick glance at at least one study shows that chiropractic patients are no more likely to suffer a stroke following chiropractic treatment than they would after visiting their family doctor’s office.

Stroke victims deserve all the help, understanding, and care possible.  The chiropractic profession needs to always honestly review their standards of care for improvement, as does any profession or business.

But for a negatively slanted piece to come out 15 years after the fact belies the real motivation of the report. We have seen the medical establishment try to contain chiropractic in the past. This has been proven in the Wilk’s case.

The chiropractic profession is, and has been, the leader in the Wellness Revolution.  But it has not been easy.  There are and will continue to be sucker punches thrown at you and your patients.

Not supported by pharmaceutical funding, the responsibility of chiropractic public relations has to be shouldered by chiropractors and their professional staff.

I thought I would bring all this up because of your patients.  They hear garbage like this and it can dull their appreciation for chiropractic and what it and you have done for them.

You have to know what you are up against, as do your staff, as do your patients.

Educate them. Stay in the fight. Get a little outraged. It is good for you. Makes you strong. Tell your story and the chiropractic story. Improve your services and pursue your greater purposes.

This is the real point of this post: protect your patients by educating them.  Get them through their care and onto wellness care. Have them join the fight.

We put together a poster regarding strokes in case they bring it up to you for your use in patient education. Down load it and use if you want. You can get more data at the A.C.A. site here.

CNN link


"Good balance of hard facts and philosophy."

We just finished our Minneapolis seminar and WOW! Not trying to exaggerate here, but it was great.


Highlighting our the seminar was Dr. Peter Kevorkian who gave a rousing presentation. Dr. Peter’s animated talk interwove science, chiropractic history, and practical patient education procedures that both inspired and informed.

Like many of you, I have been to scores, if not hundreds of chiropractic talks (not counting listening to Dave go on and on about insurance companies on our long driving road trips). Dr. Peter was masterful at integrating philosophy and science with the practical nuts and bolts our clients could use to develop their practices. One of the best presentations I have heard.

And like a true leader, he practices what he preaches, seeing well over 3,000 visits per month with his wife, in three days per week. He actually is achieving all three goals and represents our 3 Goals Program well.

Phyllis Frase gave specific tips for staff team members and doctors in her presentation that was energetic and passionate. Dave Michel and I also gave talks that provided sound business and marketing advice.

One doctor almost complained to us that the day after the seminar his staff were so on fire and motivated he could hardly recognize them.

One of the most glowing reports stated that the seminar was a “Good balance of hard facts and philosophy.”

New seminars coming up in Chicago and possibly on the East coast. Stay tuned…

Photos here.

Here are some comments:

Good balance of hard facts and philosophy.

There were many ideas that we could apply in our office.
The information was incredibly useful. We need to recognize that we are in a business.

I also liked the fact that you were punctual. This leaves a huge impression on your company.

Great seminar.

Learned many new ideas. Loved the focus on service — there were many example we can implement that were new and many great reminders. The information was absolutely useful.

Speakers were dynamic and to the point.

Information was entirely useful. I liked the 3 Goals Process and the 9 roles on it. It was a practical seminar – not too much info, not too little. Easily refreshed on some things and good reminders on what to implement.

Great speakers.

Information was very useful. Great job!.

Like the marketing ideas and positive energy.

Information was simple but useful kept short as not to lose focus. Great energy and from the heart .. can feel the passion.

Thank you for a great day of learning how to be better than yesterday. I have really enjoyed going to work so much more since we have joined PM&A these last few months. And, we have gotten busier – so fun!!

No Soup For Dr. Steve and Staff — One Year!

Last week I was in Elgin, Il, working with a chiropractor and his staff.

The doctor has a patient who is doing an independent film and used his clinic as a location for filming. The movie includes the actor, Larry Thomas, who is famous for his part in the Seinfeld comedy sitcom as the “Soup Nazi.”

Besides being a reminder to a very funny skit, the lesson here is that a chiropractic office has many uses besides chiropractic care. It can be used for meetings of local associations, workshops, yoga classes,  and many other types of events.  All of these position your facility as an inclusive public location and can get you better known. This film, even if it tanks, will definitly draw attention to Dr. Steve and his services. And if the film becomes a blockbuster… soup and adjustments for everyone!

Watch a clip from the Seinfeld series with the Soup Nazi. Clip.

New ABN Form Coming Soon

As some of you have already heard, Medicare has revised the ABN form that patients sign. [What is the ABN form? From the American Chiropractic Association.]

The revised form, with a new title, “Advance Beneficiary Notice of Noncoverage,” can be found here.

Although the use of this new ABN form is not mandatory until September 2008, you can start now if you know the rules, have the new ABN form, and implement it properly.

So far, WPS Medicare (for Wisconsin, Michigan, Illinois, and Minnesota) has not mentioned the new form or implementation, but other states have already started the process.

Thanks to Bev for alerting us to this.

If you are aware of anything new about this form, or any insurance issues affecting chiropractic care that other offices might want to know, please feel free to post a notice here or email us at pma@pmaworks.com.

Leprechaun Appreciation Day

Just saw a greeting card and emulated their design and idea (thanks www.seltzergoods.com) to create a Kid’s Day promotion.

On Saturday, March 15th your office could offer a couple of hours just for kids. Or, you could spread the special promotion out over a few days and call it Leprechaun Appreciation Week.

Leprechauns are mischievous… just like most kids! (Sample poster.)

There are also other types of St. Pat.’s promotions you can do in your office that are fast, fun, and can be productive. For more ideas. (Link.)

And, just to get you in the mood, here is a little Irish Jig.(Link.)

(Will need speakers.)

Party at Chiroville

Many mall stores, such as the GAP, Banana Republic, Abercrombie & Fitch, have as part of the office policy to create a party atmosphere in their stores. The idea is that potential shoppers passing through the mall will see happy faces in the stores with the music playing (sometimes extra loud) and feel like they want to join in the party.

The same concept applies to your office. It should always be friendly and inviting. And on occasion, it’s OK to go overboard.

Early this week, one of the chiropractic office’s I visited had a pleasant surprise. I made it through the ice, snow, and sub-freezing temperatures to the front door, took off my heavy coat, and walked into the reception area.

The staff were dressed in summer clothes. Marimba island music was playing. There were palm trees and a fishing net over the front desk. The staff were smiling and one of them asked me if I wanted a fruit smoothie, being told that they were not serving rum this morning.

The sign over the blender and freshly cut fruit said: “Welcome to Chiroville”, alluding to Jimmy Buffet’s Margaritaville. While enjoying my freshly made smoothie, I watched other patients come in from the cold and saw how pleased they were with the friendly change of pace of this special promotion.

The staff seemed to have as much fun with it as the patients. And, as did the doctor!

As a side note, the practice is having its best February ever for new patients.

The moral of the story? If every day was a party at your office, wouldn’t you want be there? Wouldn’t you want to invite all of your friends there too?

Wausau Seminar Was A Success!

We just finished our first seminar for 2008! And, from the comments of those attending (see below), our 3 Goals Chiropractic Seminar was a success.

(Photo of Phyllis giving her presentation. More photos here.)

For our part, we loved it. Dave, Phyllis, and a guest consultant, Mary Jo who is an expert with all things insurance, and me, Ed, had a great time.

The 3 Goals concept seemed to make sense to everyone in that it helped to provide a clear cut path to practice success. We covered how it applied to practice development, marketing, and particularly to many staff functions, from the front desk to financial consultations. Our guest billing consultant, Mary Jo, always appeared to have a crowd around her discussing effective reimbursement tactics.

Our next seminar is in Milwaukee, WI, on Thursday, April 24th. It is an all day seminar, from 8:30 to 5. We will be sending and posting more info on this soon.

After that, we will be hosting a seminar in Minneapolis on Thursday, May 15. Again, it will be an all day seminar. (We will have a special guest which we will be telling you about soon.)

Here are some seminar comments:

“Everyone did a great job!”
“..the presenters were engaging”
“..liked how the program was laid out in easy, step by step ways.”
“Encourages everyone to find their greater purposes.”
“..helped me understand my role in the clinic more specifically.”
“I got more ideas for our patient education.”
“..there were many ideas to improve the our office procedures.”
“..learned how mission affects everything we do inside and outside of the office.”
“..learned about enthusiasm and its role in promoting the office.”
“..got ideas on more structure, policies, control, and the importance of more patient guidance.. throughout care.”
“…reaffirming… learned new perspectives or twists on how we already do things in the office.”
“Phyllis gave great insight into how things can be changed positively.”
“..very informative.”
“..everything present was useful and will help to improve our office.”
“..was wonderful and motivating.”
“..useful ideas on a marketing person and marketing procedures.”
“..excellent presentations…”
“..liked systematizing procedures and getting help on focus on goals..”
“Good ideas on how to monitor clinic performance and set goals and keep track with goals…and marketing meetings..”
“Good for team to hear Phyllis she is very motivating… They got the Big Picture…”
“Good ideas on marketing!”
“..liked the motivational aspect of the seminar..”
“..good review on the Marketing Manager Toolkit for ideas…”
“..high energy.. and kept to time agenda..”
“I liked having a clear concise road map for practice development..” Continue reading

WHAT RECESSION?

You know by now that the American economy is just a little bit shaky. On Tuesday, January 22, the stock market dropped 465 points, only to recover to a loss of 128 points due to a fast save by the Fed to cut interest rates a 3/4 of a point. Reports from oversees indicate that foreign exchanges are bracing for a recession in Europe and Asia, caused in part by America’s financial markets and our threatening recession.

But it doesn’t take an economist to add up the facts. The lending market, the housing market, the falling value of the U.S. dollar, the international trade imbalance, and, of course, the huge expense of the Iraq war all add up to big challenges. And, I don’t have to tell you about the condition of “health” insurance.

The reports and financial stats are out there for you to draw your own logical conclusions.

Most of us have seen recessions before, though factors appear to be stacking up to make this recession an especially big one. But who knows for certain? It may be forestalled till after the election, or other factors may come forth and send the economy in a different direction altogether.

It is good to pay attention to current events, but you don’t want to get distracted by the fact that prosperity starts at home – in your office. The best guarantee to surviving a recession, or worse, is to ensure that your practice and business are as strong as possible. In a down economy, there may good investments to be made, but the best investment is in yourself and your business.

The demand for health care, wellness care, has never been stronger. Chiropractors are continually becoming more accepted as the leader in the wellness movement. Your big challenge is simply not to participate in any recession but to move into the leadership role you have as a health doctor, a Doctor of Chiropractic.

There is no recession in the demand for health care and wellness care, nor will there be. Making yourself well known and popular, being accessible, and providing consistently excellent service with quality outcomes will insure your future prosperity.

If you work to continually improve all functions of your businesses, you will always be able to ask: “What Recession?”

Best regards,

Ed

P.S. By the way, our old friend, Dr. Jim Sigafoose wrote about this same concept, with the same title, back in 1991. Here is his article on another web site: LINK

PSS Also, here is what Siggy says about us: LINK