January 2006
The four cycles of marketing success
by Dr. Mike Reid
After 13 years of
practice and five years of coaching, I've discovered many pitfalls to
marketing that can make or break a doctor's office with regard to new
patient flow. Many of us have experienced the highs and lows of monthly new
patient acquisition. This roller coaster ride has, in fact, affected many a
doctor's growth, income, and, yes, even his or her personal moods.
There are four cycles
of marketing success that, once you create awareness and master, will create
a smooth exponential rate of growth and income in your practice.
The first is called the
"alpha fit." It can be described as one of those months where lots of new
patients, reactivations and income create a stable and balanced month in
your practice. The challenge with this first cycle is that many of us often
find ourselves in a state of complacency. We are on cruise control. The
Alpha Fit is really an illusion because it's impossible to predict what can
happen in our next month or two. However, there are steps I will outline
that allow you to prevent the catastrophe that can ensue in the next two
cycles.
Cycle number two is
called "beta fit." This cycle is where challenges and uncertainty can sweep
through your practice. All of us have experienced it before, that vortex of
universal chaos that hits our practice out of nowhere. Some of our team
members may leave, an associate might quit, and new patient flow is at an
all‑time low. The challenge with this cycle is that a slippery downhill
slope is inevitable as we gain momentum into the third cycle, known as the
"gamma trap."
This cycle can be best
described as being tied and gagged in a trunk of a car heading into a lake.
Fear, hopelessness and desperation are often words to describe this third
cycle. Most doctors somewhere in their lives may experience the gamma trap,
whereby all hope is lost, as it seems their whole world is crashing around
them. Although this might be a harsh metaphor, all of us have experienced
revelations from this cycle to the fourth cycle, known as the "delta surge."
This last cycle is
really a new alpha. Our marketing efforts have kicked into high gear, we've
rebuilt our patient volume, found a new associate better then the last and
even rebalanced our books. Someone once told me, behind every storm cloud is
sunshine and this can best describe the delta surge. At a recent seminar I
focused on these four cycles of marketing success to the chuckles of many of
the doctors in my audience. All, if not many, had experienced different
degrees and levels of these marketing successes; the up and down of practice
growth, otherwise known as "master cycle."
Yet, there are two
simple steps that each of us can take to ensure that we maintain an alpha
fit level, to avoid future cycles into the gamma trap. At a recent
mastermind with many of my top doctors, we outlined steps that those who
have mastered practice are usually aware of, or at least practicing on a
regular basis, to ensure stability and balance in practice and their lives.
What practice masters
do for success
*** Anticipate in
alpha before hitting beta to maintain delta surge. Many of these doctors
have been through beta and gamma before. They've learned their lesson and
can now anticipate the challenges that arise in beta. Similar to seeing the
potholes ahead of them, these doctors can drive clear around these
challenges and focus on the new alpha fit or revelations found at the fourth
cycle known as delta surge.
*** They know their
resets and make a menu. Resets can best be described as the rituals that
create a foundation for growth. It's what we used to do years ago, that
originally built our practices but somewhere and somehow we got complacent
and let fall into neglect. Resets would include morning "hours of power"
(exercise, meditation, nutrition), masterminding with other of
like‑mindedness, weekly meetings with our team and public relations
assistant, planning a minimum of three months in advance for their marketing
efforts. And measuring and monitoring our growth.
For those of you who've
never experienced anything past alpha fit, congratulations. But, for those
of you who continually find yourselves in cycles two or three, I hope that
the above lesson proved useful to your future endeavors to build a practice
of your dreams.
(Dr. Mike Reid is an
international lecturer, Canadian president of the World Chiropractic
Alliance and the international director and head coach of Anthony Robbins'
chiropractic coaching program called "Fortune." Merging his "Gorilla
Chiropractic Coaching" with Robbins' personal empowerment technologies,
Fortune is an elite and executive‑level program designed to create
extraordinary practices and extraordinary lives. A member of the class of
1992 from CMCC, Dr. Reid maintains a private, cash‑based wellness practice
in Ottawa, Ontario. For more information, contact him at 800‑781‑8127.)