by Chad Fleming | Dec 14, 2016 | Buy/Sell, Day in the Life, Finding the Right Practice, Manage with Excellence, Management, Practice Growth, Pursue Growth, Time Management
Whether you own five percent of an optometry practice or 100 percent, running a small business does not have to be overwhelming or difficult to know if it is successful. To help determine the business’ level of success—or if your efforts are even worth it, use these...
by Chad Fleming | Nov 11, 2016 | Buy/Sell, Day in the Life, Finding the Right Practice, Manage with Excellence, Management, Staff Management
Through OptometryCEO, I have had the privilege of coaching hundreds of optometrists in their careers. The most common request for advice comes from employed optometrists looking to buy into or purchase a practice. They want my unbiased opinion of their situation. They...
by Chad Fleming | Oct 26, 2016 | Uncategorized
Why do so many Americans watch sporting events when one team is favored highly over the other? We love the possibility of an upset. Upsets occur for many reasons including a highly favored team mentally believing they are “untouchable” and that winning is close to...
by Chad Fleming | Sep 28, 2016 | Manage with Excellence, Practice Growth, Pursue Growth, Uncategorized
Last weekend at Vision Expo West in Las Vegas, I talked with many optometry business owners about their online marketing strategies. It was eye opening. Many optometrists are hesitant to make investments that will grow their business. An investment of $1,500 per month...
by Chad Fleming | Sep 7, 2016 | Career Options, Day in the Life, Manage with Excellence, Management, Practice Growth, Pursue Growth, Staff Management, Time Management, Uncategorized
As an optometric practice owner, do you find the amount of compensation you are paying out is pushing the high end of absurd? In his book Good Profits, billionaire businessman Charles Koch writes that incentives should be solely centered on the value an individual...
by Chad Fleming | Aug 24, 2016 | Manage with Excellence, Management, Practice Growth, Pursue Growth, Time Management, Uncategorized
Over the past decade, remodeling has become entertainment. Shows on HGTV and other networks show dramatic transformations, and may make you think it might be time for your optical to get a face-lift. However, the improved space always comes at a price. For example, if...
by Chad Fleming | Aug 12, 2016 | Day in the Life, Manage with Excellence, Management, Practice Growth, Pursue Growth, Staff Management, Time Management, Uncategorized
A wise person once asked, “Who makes the best business partner?” Dumb, lazy person. Dumb, hard worker. Smart, lazy person. Smart, hard worker. Most of us would pick the smart, hard worker. However the wise person will choose a smart, lazy person any day. The smart,...
by Chad Fleming | Jul 27, 2016 | Career Options, Manage with Excellence, Management, Staff Management, Time Management, Uncategorized
Managing the optometric practice is one of the most difficult pieces of the CEO puzzle. The people you are trying to manage are sometimes emotional, unpredictable, and fickle. Sometimes they leave. At times people leave for good reasons, or situations that are out of...
by Chad Fleming | Jul 13, 2016 | Career Options, Day in the Life, Manage with Excellence, Management, Staff Management, Student to OD, Time Management, Uncategorized
Right now we have two staff members who have decided to make optometry their life profession and are applying to optometry school. These future ODs are excited, and their excitement is contagious to the rest of the staff, even the sometimes complacent and burned out...
by Chad Fleming | Jul 6, 2016 | Day in the Life, Manage with Excellence, Management, Practice Growth, Pursue Growth, Time Management, Uncategorized
As a practicing OD who sees patients 3.5 days a week and manages a large multi-location practice with one other owner, I find my primary job is making decisions. As owners, my partner and I have the responsibility to make key decisions that will impact the health of...