Wednesday, 20 November 2019

048 - Rapid Business Expansion with Dr Patrick McEneaney


If you want to scale and grow your podiatry business, you've got to make decisions fast, and Dr Patrick McEneaney has done just that. He has expanded his Northern Illinois Foot & Ankle Specialists podiatry business from one to five in just a few short years, but as he explains, opportunities are all around us you've just got to be prepared to jump on them when they arise.  

If you sit and stare at something for too long, you can make it look both good and bad. 

Dr Patrick McEneaney is not just business-focused either; he also commits a lot of time giving back to the podiatry profession. He is currently the President of the Illinois Podiatry Medical Association

On this episode we discuss:

  • How he started his first podiatry business, and how the next four came after that. 
  • Good timing and good marketing 
  • Why putting on local seminars, lunch and learns and breakfasts help increase his referrals 
  • Why you've got to tell people what you do in your practice. 
  • There's no such thing as a bad conversation; you can always learn something from everyone you meet.
  • Sharing your failures with others
  • Why he meets every year with other podiatrists for mastermind meetings.
  • The benefits of making quick decisions
  • Why you shouldn't expand too early and overextend yourself.

Two questions he asks his team members:

  1. What's your favourite thing you like about working here?
  2. What else do you need from me to make your work easier?

Final Business Tips:

  1. Find good people to work with you
  2. Talk with people who have already been through the experience and don't try to rewrite the book if you don't have to.
  3. Hire slowly and fire quickly: Don't keep bad employees longer than you need to. 

If you have any questions about this podcast, please email me at tf@tysonfranklin.com, or you can connect with Dr Patrick McEneaney at drmceneaney@illinoisfoot.com 

One-On-One Coaching & Mentoring

If your podiatry business needs help to develop marketing strategies or business systems, the most efficient way to do this is with one-on-one coaching and mentoring. Please email me at tf@tysonfranklin.com and let's see where I can you.  

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My Book

It's No Secret There's Money In Podiatry. In Australia, you can order directly from my website or online, but if you live overseas, I would suggest Amazon or the Book Depository.

Tell Your Podiatry Friends

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If you enjoyed this episode you might also enjoy:

Ep 010: Dr Andrew Schneider Running A Successful Solo Practice

It's No Secret with Dr T. Podcast

If you like marketing and small business, please take a look at my other podcast; It's No Secret with Dr T., and you may also enjoy Ep 188 - Developing Your Avatar & Unique Selling Proposition with Alex Frees


Check out this episode!

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