From Wall Street to Physical Therapy Practice Ownership
Although I was over-stressed and over-leveraged, I did not want to do anything else. I was scrambling for a new business model realizing the old model was becoming obsolete. I studied, brainstormed, and downsized my entire practice.
I closed one office and spent the next 6 months researching healthcare reform, trends, and mentors, creating a new business model that would allow my practice to survive.
Searching for a Better Business Model for My Practice
That’s when I received a letter in the mail inviting me to PT Revolution. I was intrigued, and hungry for knowledge. I attended the meeting and became excited about my business again. I liked the vibe of all connected with FYZICAL. I sensed intelligence and integrity amongst all that I met. I wanted to be a part of transforming healthcare. I wanted in.
I joined FYZICAL early 2014, as one of the first five franchisees. I was a bit nervous, but overall excited. I went right to work.
Discovering FYZICAL and a New Path Forward
Three years later, I am completely restored financially. I have met people who have challenged me to push toward my highest potential and I’m still excited and growing. I have a team of people on speed dial that help me navigate through difficulties. The operations team is truly interested in my success and with me every step of the way.
I’ve learned to order my days, prioritize, and stay focused. I’ve also been challenged to change one thing in my life that has significantly affected me as a leader and a business owner, as well as made substantial differences to my bottom line (positively).
It’s the #1 thing I tell fellow FYZICAL members to do, and very easy to implement, I’d love to share it with you when you become part of the FYZICAL family.
Building a Stronger Practice With Leadership and Support
My first year with FYZICAL, I saw growth as I steadily implemented all I was learning and re-branded. The second year, I experienced 80% growth in revenue, and have continued steady growth over the past year. Leadership is the key and I have found great leaders and mentors at FYZICAL.
For 2017, I am expecting 25% growth, and my budget is just over $1.3 million. The first year with FYZICAL we had 30% growth, second year 80% growth, and in the third year, another 12% growth. My 5 year plan focuses on continued growth over the next few years, generating $4,000,000 in revenue by 2021. FYZICAL has helped me carve out the path to success.
Are you going to complain about your circumstance or are you going to push yourself, invest in yourself, and work to change them? If you are willing to put in the work that comes from knowledge, FYZICAL will help you get to where you want to be much faster than on your own.
Growing Revenue and Creating a Long-Term Vision
The Results: Steady Growth With FYZICAL
2014: Our first year with FYZICAL, we saw 30% growth
2015: We had an additional 80% growth!
2016: We saw another 12% growth
2017: I am projecting 25% growth and my budget is just over $1.3M
I’m no longer stressing about life or my future. I’m going to Tahiti and Israel this year. I went to my 20 year PT class reunion in a Ferrari Spider (I rented it). Life is good. Life is fun. I have staff committed to the practice and they work as a team. When I joined we were a very small practice.
Ready to Build a Stronger Future for Your Physical Therapy Practice?
If you’re looking for a proven business model, experienced support, and a network of leaders who understand the challenges of practice ownership, explore what becoming a FYZICAL franchisee could mean for your business. Discover how FYZICAL can help you build a plan for sustainable growth while continuing to make a difference in your community.