{"id":7713,"date":"2026-11-03T15:01:16","date_gmt":"2026-11-03T21:01:16","guid":{"rendered":"https:\/\/pmaworks.com\/observations\/?p=7713"},"modified":"2026-11-08T15:05:31","modified_gmt":"2026-11-08T21:05:31","slug":"the-entrepreneurial-advantage","status":"publish","type":"post","link":"https:\/\/pmaworks.com\/observations\/the-entrepreneurial-advantage\/","title":{"rendered":"The Entrepreneurial Advantage"},"content":{"rendered":"<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/static.wixstatic.com\/media\/8524f0_04d86a9ec2734f03a903530455d451b6~mv2.jpg\/v1\/fill\/w_803,h_535,al_c,q_85,enc_auto\/8524f0_04d86a9ec2734f03a903530455d451b6~mv2.jpg\" alt=\"entrepreneurial business is homemade relates to chiropractic businesses\" width=\"398\" height=\"268\" \/><em><strong>And the Structure That Makes It Work<\/strong><\/em><\/p>\n<p>If you started a chiropractic practice, or took one over, you are an entrepreneur.<\/p>\n<p>And if you work alongside a chiropractor, you are working in an entrepreneurial business.<\/p>\n<p>The entrepreneurial business is a completely different animal.<\/p>\n<p>Think of Steve Jobs and Apple, Elon Musk and SpaceX, the McDonald brothers and McDonald&#8217;s restaurants, Yvon Chouinard and Patagonia, the clothing company, or Mari Medill Petty and Mari&#8217;s dress shop.<\/p>\n<p>The list goes on and on.<\/p>\n<p>Each one, in their own way, is a pioneer.<\/p>\n<p>An entrepreneurial business is the epitome of the American way of life. Independent, seizing opportunities, and demonstrating courage and exceptional industriousness.<\/p>\n<p>By working in this kind of business, like a chiropractic practice, whether you know it or not, you stand for something bigger than yourself: freedom.<\/p>\n<p>And you may not have considered this: that chiropractic itself, as an industry, is still very entrepreneurial.<\/p>\n<p>I have some experience with this subject. Our company, Petty, Michel &amp; Associates, has been helping chiropractors and chiropractic offices for nearly 40 years.<\/p>\n<p>We&#8217;ve also partnered with chiropractors to open and operate 25 clinics, so I&#8217;ve sat on your side of the desk: payroll, slow months, the whole enchilada.<\/p>\n<p>But before Dave Michel and I started these companies, I had years of youthful exposure to entrepreneurs. Both my parents started and operated their own business in a small town. They employed many people and helped the local economy by providing useful services and products.<\/p>\n<p>They enriched the fabric of the community they were part of.<\/p>\n<p>This is what <em>you do<\/em> as well.<\/p>\n<p>Your homemade business has more freedom. But every business has requirements. Meet them, and it&#8217;s still hard work. Miss the key ones, and it can be disastrous.<\/p>\n<p>In simple terms, you need good systems, procedures, and team members to support the services and products you provide. If your practice is struggling, you are missing one of these elements.<\/p>\n<p>This is well-known advice &#8212; though often ignored.<\/p>\n<p>What is usually missed is this: <em>these systems need to be kept in place<\/em>.<\/p>\n<p><em>Kept in place<\/em> &#8212; is that so hard?<\/p>\n<p>Yes, for an entrepreneur who is restlessly seeking improvements, or a doctor focused more on patient care than business, it can be.<\/p>\n<p>The solution, even more than the systems and procedures and people, IS CONSISTENCY!<\/p>\n<p>It&#8217;s not having a system so much as <em>it is continuing to follow and improve that system<\/em>.<\/p>\n<p>All this leads us to a missing role in most offices: the manager. Or even an administrative assistant tasked with ensuring all procedures stay in place and are continually improved.<\/p>\n<p>Corporations and governments have structure. What they don&#8217;t have is what you have \u2013 the vision, the freedom, the energy to create something new.<\/p>\n<p>And the tight-knit rebel team to make it happen.<\/p>\n<p>Add structure to your practice, assign someone to tend it, and you&#8217;ll have a more prosperous and rewarding 2027.<\/p>\n<p>And stay Goal Driven.<\/p>\n<p>Ed, and all of us at Petty, Michel &amp; Associates.<\/p>\n<p>P.S. Stay tuned for our new Goal Driven MBA for practice managers \u2013 coming in January.<\/p>\n<p>Questions, ideas, help\u2026! <a href=\"https:\/\/www.goaldriven.com\/contact\" target=\"_blank\" rel=\"noopener\"><span style=\"color: #008080;\">Contact us<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>And the Structure That Makes It Work If you started a chiropractic practice, or took one over, you are an entrepreneur. And if you work alongside a chiropractor, you are working in an entrepreneurial business. The entrepreneurial business is a &hellip; <a href=\"https:\/\/pmaworks.com\/observations\/the-entrepreneurial-advantage\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[170,169],"tags":[306,361,36,548,837,363,377,367],"class_list":["post-7713","post","type-post","status-publish","format-standard","hentry","category-chiropractic-business-building","category-chiropractic-practice-building","tag-business","tag-chiropractic","tag-chiropractor","tag-development","tag-entrepreneurial","tag-management","tag-michel","tag-petty"],"_links":{"self":[{"href":"https:\/\/pmaworks.com\/observations\/wp-json\/wp\/v2\/posts\/7713","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pmaworks.com\/observations\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pmaworks.com\/observations\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pmaworks.com\/observations\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/pmaworks.com\/observations\/wp-json\/wp\/v2\/comments?post=7713"}],"version-history":[{"count":1,"href":"https:\/\/pmaworks.com\/observations\/wp-json\/wp\/v2\/posts\/7713\/revisions"}],"predecessor-version":[{"id":7714,"href":"https:\/\/pmaworks.com\/observations\/wp-json\/wp\/v2\/posts\/7713\/revisions\/7714"}],"wp:attachment":[{"href":"https:\/\/pmaworks.com\/observations\/wp-json\/wp\/v2\/media?parent=7713"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pmaworks.com\/observations\/wp-json\/wp\/v2\/categories?post=7713"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pmaworks.com\/observations\/wp-json\/wp\/v2\/tags?post=7713"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}