I was listening to a podcast recently where the “expert” was basically telling the listeners to stop trying because they weren’t ready.
Today, I wanted to share how I feel about that.
People tell new-grad physical therapists all the time that they don’t have enough experience. They get told that they can’t start their own practice because there won’t be a clinical mentor in the room, as if they are dangerous.
Hell, new grads will be told they can’t start their own business, even if they have prior business experience!
You have everything you need to be successful with you right here, right now.
If you’re only hearing doubt, get those people out of your life. Surround yourself with people who support you and tell you that success is just around the corner… because it is.
It’s either your opportunity to grow and thrive, or it’s your opportunity to quit.
That’s what the world is saying right now. Are you ready to quit, or are you ready to knock this out of the park?
Right now is a test to see if you can figure it out. Are you truly in this for the long haul? If you are, you’ll have to get creative. You may not be able to come within six feet of your patients, but you can still help them. People need you.
If your schedule has cleared out, think of it as extra time to work on the thing you’ve always been meaning to do. Work on building up the foundation of your business so that when this is all over, you’ll be even stronger for it.
This is also an opportunity to use telehealth to teach. If you can solve problems, you’ll come out on top.
You get to decide how you react and grow from this. So, what are you going to do?
In today’s post, I wanted to share what a “mastermind” truly is, my journey with them, and why they can be so beneficial for your business!
Let’s jump into it.
People have had questions as to what a mastermind is, so I wanted to address those today. A lot of people will say that they already belong to a “mastermind” and want to know the difference between mine and whoever else’s.
First of all, I’ve been in two different masterminds over the course of about three years now: the 7-Figure Formula Mastermind and the Empire Mastermind.
The first year I started working with my current coach Bedros, my consulting business grew 250%. I put in the work, but he gave me the guidance. This last year the growth wasn’t necessarily monetary, but in time. I was able to spend over 80 days out of the office with my family.
Because of the huge successes I’d made in mastermind groups, I decided to start my own. However, the current CashPT Platinum Mastermind I offer is very different from what we first launched.
We first launched a $97/month program that gave you access to a Facebook group and a course. Then, when I saw people weren’t getting what they needed, I raised the price to $397 to give them more coaching time. That, unfortunately, didn’t work either. People still didn’t show up to calls or participate within the group. And so, I gave up that extra $30,000 in recurring revenue. I knew that with that model, I still couldn’t help people the way they needed to be.
So how is my current Platinum Mastermind program different? My students pay $1,500 a month. They get access to calls with me and the group, three in-person meetings a year, and all of my programs and courses.
Here are some ways to tell if you’re in a mastermind or not:
You’re NOT in a mastermind if…
You’re investing less than $1,500 a month
You have access to just a Facebook group or course
You work with a coach, but don’t have one-on-one access to them
It’s just a group that cheers you on and doesn’t hold you accountable
You ARE in a mastermind if…
You meet together on a regular basis
You get coaching in a group so that multiple people’s problems are solved at once
You get access to a coach who can show you what you need and help you with the 10x problems, not the small “Which intake software should I use?” problems
Finally, you get shit done!
I hope that helped clear up a little bit of what makes masterminds different.
Every single one of you has something that others don’t…
It’s tenacity. It’s passion. It’s drive. It’s what is going to allow you to transcend the struggle so that you can help people. What you have is the ability to get up every day and keep pushing play, keep moving forward, because your patients need you.
They may not need you in the same way, but people still need you. Problems are changing, but they are still out there waiting for you to fix.
Your future is up to you to decide. Don’t wait for the APTA’s telehealth webinar next week, because they are way too late. Your future is determined by your own actions. Be tenacious.
The faster you take action, the sooner your business will get back on track. So, what are you going to do?
We’re talking side hustles today. What exactly they are, why they aren’t as easy as they sound, and how to get started.
A side hustle is something you do for people on the side. It’s a part-time gig. Five to ten hours a week, maybe more, that brings in an extra $500-$1000 per month. It’s not that you just lost your job and need to make income. This is something you’re passionate about.
I’ve seen a lot of people who start side hustles fail because their expectation was that it was going to hit right away. It isn’t going to be easy, but here is a quick formula to help:
You have to have a great idea.
There has to be a problem to solve.
You need one of two things to make it work: money or time.
For example, you can get a business up and rolling, but if you didn’t put in the time to build an audience, you’re not going to have anyone to buy from you.
Once you build that audience, you have to build trust with them. Give results in advance and show value. One of the ways you can show value is to answer people’s questions for free. That’s how I started LeBauer Consulting. I helped people online with their questions and realized I could turn it into a business.
The bigger the problem you can solve, the more revenue you will bring in and the bigger impact you will have.
Today, I’m going to share with you a truly transformational formula for putting the afterburners on your business.
Chances are, you’re probably struggling in your business in some way. That problem may not be patient volume; it may be that you have no free time to do the things you want to do. Maybe if you go on vacation, you lose income. I used to be there too.
Here’s what you need to do. Ask yourself these questions:
Where are you right now?
How much revenue do you have? How much do you need?
How many patients do you have? How many do you want?
What marketing strategies are working?
What’s not working?
How much time do you have with your family? How much do you want?
Are you able to work out daily? Do you have free time?
Where do you want to go?
Sometimes, it’s hard to know the answers to these by yourself. There have been times when I’ve helped my Mastermind students see things that were right in front of them. We all do this. We all sometimes need someone else to point things out because we’re too focused somewhere else.
Don’t be afraid to share the answers to these questions with me, so we can help you uncover time, money, and impact.