Updated: Apr 12
Five engines drive your business to its goals.
If these are installed and firing at 100%, practicing will be enjoyable and profitable. When these engines are not fully performing, the daily demands of running a business shift to, and fall upon, the owner.
These engines are functions and characteristics of a dynamic team that drive the practice toward its goals.
Many offices that seem to be doing well are driven by heroic owners fighting each day to grow their practices, and not by their engines. But this isn’t easy to sustain. At some point, it becomes too much, and they settle into a comfort zone below their abilities. As a result, their long-term goals remain unfulfilled.
This is the plight and path of the entrepreneur - brave, independent, but too often without a map on how to build a strong business that drives itself.
The five engines that drive a business to its goals are:
I want to begin passing on tips on the marketing engine– what is working now and my best estimation of what will be working in the future. Marketing is vital, for without paying customers, the other engines won’t work and aren’t needed.
But before I do, I want to invite you to look at your business and gauge the health of each of your engines.
You can do this by reviewing how successful you are at achieving each engine’s outcomes (goals) and giving them a grade from one to five (1-5). 5 would be the point where the engine is achieving its goals.
Marketing. Abundant new patients and goodwill with local allied businesses, organizations, and your community. A waiting list practice. (1—5: ___)
Leadership. A business with clearly defined goals that are agreed upon and pursued happily. (1—5: ___)
Management. Expert team members, acting as an expert team, implementing simple but effective procedures. (1—5: ___)
Customer Service. Customers (patients, clients, customers) who are extraordinarily satisfied with the services they receive and their outcomes. (1—5: ___)
Personal Integrity. Each team member is happy because of the positive and responsible manner in which they manage their personal lives. (1—5: ___)
By grading each engine’s “output,” you can immediately see what needs the most work.
But these engines do not work independently. One affects the other so that there is a synergy created. As one improves, so do the others. The opposite is also true – the more one engine dies down, the more the other ones do as well.
It could be said that everything begins with leadership, and that may be true. But unless you are marketing your services, there will be no one to lead!
So next week, let’s look at a few effective marketing strategies and tactics that will help drive your business to its goals.
And by the way, how to achieve a 5 for all your business engines is described in The Goal Driven Business. If you haven’t read it yet, I encourage you to do so.
A great new February to you all,