The Top 10 Obstacles to Practice Growth: Has this happened to you? Your business growth is stuck. You’re working yourself to the bone. You feel very frustrated that you can’t move past your current level of success.
Carefully consider the potential obstacles to practice growth listed here.
As you read this list of potential obstacles to practice growth, identify your two biggest obstacles.
1. Being stuck in the wrong role in your business.
Are you leading or doing? Not accepting your real role will block the growth and success of your practice.
2. A limited view of what is possible.
Often we are so used to seeing our practice and business the way it is that we miss golden opportunities for great growth. We also miss the opportunity to discover new ideas.
3. Diminished energy and enthusiasm.
Being tired is often the result of working too hard or losing your passion for your business. These are equally detrimental to your ability to think big.
4. No marketing plan.
A plan for attracting new patients to you and your practice is your roadmap. It helps you hold your attention on what you need to do.
5. Being the lone ranger, not masterminding.
Getting involved with other practice owners to bounce ideas off of and get an objective opinion is essential and makes it much easier and faster to reach your goals. See a resource that will do just this for you below.
6. Not knowing your customers.
Changes in the marketplace, in your customer preferences, and your competitor’s services can leave you in the dust. You need to know what your patients want now.
7. Taking employees for granted.
Motivating, coaching and managing your team are most certainly your keys to your success. Without your patience and people skills problems can multiply very quickly.
8. Sticking with an idea too long.
You must keep an eye on the future, always looking for new ideas and better ways of serving your clients. Be creative and consistently on the lookout for new strategies and tools.
9. Giving up.
Persistence is one of the major keys to success. Never, ever quit. If you fail, then fail. And learn from it.
10. Having insufficient resources.
Growth requires the investment of time, energy, a strong team and money.
Now that you have identified your two biggest obstacles, write down the kind of help you think you need to turn these obstacles around. I offer one-on-one coaching to practice owners who want to change the way they do things, who want to learn new approaches, and who truly want to get unstuck.
Physical therapy practice owners who want a better work-life balance and a smooth running operation with high client numbers learn how to have all of this. Erika Trimble President of Prosperous Physical Therapy and Business Coach has created the first ever business training programs dedicated exclusively to practice owners.
By Erika Trimble Find out how healthy your practice actually is by getting your free Private Practice Business Health Assessment at http://www.ProsperousPhysicalTherapy.com If you want to receive on-going advice and tips for a prosperous practice, sign up for Erika’s bi-monthly practice tips specifically for physical therapists in private practice.