The P.T. Entrepreneur Podcast

Doc Danny encourages viewers to watch the accompanying video on the PT Biz YouTube channel and take notes to get the most out of the training. The training covers various stages and elements of business, and he hopes that even if only some of it is applicable to the viewer's current stage, they will find it useful. With his experience and expertise, Doc Danny provides insightful and practical advi...

In this podcast episode, we delve into the financials of a successful cash-based physical therapy practice located in a mid-sized market city. The practice has three clinicians and an owner who is able to balance a 40% schedule with other providers seeing between 70-90% of their schedules full. The practice is generating an average of $63,000 in top-line revenue with an average cost of $33,000 per...

In this podcast episode, Dr. Danny shares his insights on entrepreneurship and whether it ever gets easier. He responds to a question from a member of the PT Biz Mastermind program who had recently experienced the departure of their second staff member after a year. Dr. Danny explains that although the stress and challenges associated with starting and running a business do not disappear, they do...

Today, Danny emphasizes the significance of time freedom and how entrepreneurship can lead to achieving it. He shares an amusing anecdote about his daughter's school performance, where she performed a trap version of "The Wheels on the Bus," to highlight this point. Dr. Danny also talks about how challenging it can be to take vacations while working for someone else, which is not the case for entr...

In this episode, Dr. Danny delves into the topic of working with family and friends. He shares his personal experience of working with his wife in their practice and how they were able to divide and conquer by utilizing their skills and strengths. Dr. Danny recommends taking the Rocket Fuel assessment to determine if you and your spouse have complementary skills before considering working together...

This week's Thursday episode comes to you from our PT Biz YouTube channel. If you have not had a chance to check it out, head to https://www.youtube.com/@ptbiztraining ! Don't forget to subscribe! In this episode, Danny dives into the topic of raising prices as a means to increase revenue without increasing overhead. He emphasizes the importance of physical therapists charging an average hourly ra...

In this episode, Doc Danny discusses the potential of Artificial Intelligence (AI) in the physical therapy profession. He emphasizes how AI can improve efficiency in tasks such as research and document preparation, and gives examples of how AI is already being used in other professions. Although AI is not yet advanced enough to replace human physical therapists, it has the potential to revolutioni...

In this episode, we explore the topic of attracting talented individuals to a service-based organization. It can be challenging to find the right cultural fit for your business, especially within a small pool of people who would thrive in a cash practice setting. To overcome this challenge, it is crucial to have a clear and passionate vision for your company. How to share your vision The power of...

In this episode of the podcast, Doc Danny discusses the significance of books and audiobooks in the pursuit of personal development. He shares his experience of reading his first book in this category, The Go-Giver, and how it took him months to finish. Doc Danny also explains how he found audiobooks easier to work with, but if a book was more tactical in nature, he would prefer to get the physica...

In this episode, Doc Danny talks about the significance of saying "no" and how it can be beneficial in saving time and reducing stress. He urges listeners to take a step back and evaluate their schedules to see if they have taken on too much by not saying "no" to unnecessary tasks. Danny also emphasizes the importance of being cautious about what entrepreneurs say "yes" to when starting a business...

In this podcast episode, Doc Danny discusses the challenges of leadership in mid to large-size cash and hybrid practices. He shares his insight that leadership is a constantly changing target and can be challenging to master due to the many variables that come into play when dealing with different situations. Danny highlights the issue of high turnover rates and the importance of creating an envir...

In this episode, Danny dives into the topic of business partners and whether or not it's a good idea to take on a staff member as a partner. He shares his own experiences with the Army. He explains that businesses that are not venture-backed are often cash-flow-driven and service-driven. Rather than asking if a person is the right fit to partner with, he suggests focusing on finding the ideal pers...

In this episode, Danny and Yves discuss the importance of shifting the mindset away from the traditional model of physical therapy towards a more proactive approach. They emphasize the need to focus on helping people achieve their long-term goals, rather than just discharging patients and maximizing productivity. They provide examples of individuals who want to stick around longer and how working...

In this episode of the podcast, Danny brings to light an important aspect of entrepreneurship that is often overlooked - having a group of entrepreneur friends. He emphasizes the need for a supportive network of people who can help you navigate the challenges and celebrate the successes that come with running a business. Overall, this episode is a reminder that entrepreneurship can be a lonely jou...

In this episode, Danny discusses the importance of trying and failing, and how it can lead to success. He emphasizes that many people hesitate to try things because they fear failure. Danny shares his personal experiences with his kids and coaching teams, highlighting the difficulties of overcoming fear and self-doubt. He tells a story about his son's experience trying out for a school musical and...

In this podcast episode, the importance of tracking three critical areas for optimizing the customer experience and generating revenue is discussed. These three areas include the drop-off point from leads to call booked, call booked to the initial evaluation and initial evaluation package percentage. By tracking these areas, businesses can gain valuable insights into their customer experience and...

In this podcast episode, Dr. Danny interviews Jeremy DuPont, the owner of Ripple Physical Therapy in Boston. Jeremy shares his journey of becoming a massage therapist and how he decided not to pursue physical therapy school due to the high cost. Instead, he specialized in Active Release Technique and other manual therapy courses to provide movement and manual therapy for people to help them feel b...

In this episode of the PT Entrepreneur Podcast, I wanted to revisit an insightful conversation with an experienced entrepreneur who shared with me the reality of the struggles and frustrations that come with starting a business. Building a business is like paddling against waves in the ocean, with a barrier to entry that keeps out those who are not willing to put in the work. Enjoy! Appreciating t...

In this podcast episode, Dr. Danny shares his four big takeaways from a recent live Mastermind event in San Antonio. Overall, Dr. Danny emphasizes the importance of creating a company culture that employees enjoy and maintaining healthy personal relationships as an entrepreneur. He also encourages listeners to visit physicaltherapybiz.com to learn more about his work and how it could benefit them....

When it comes to growing a business, it is important to consider if you have reached saturation in your current market. It is possible that there are many more people out there who could benefit from your services, but they are unaware of your business. To make sure you are reaching those people, marketing and content creation can be helpful. However, it is important to make sure that your existin...

Today, I am discussing the difference between task delegation and micromanagement and how to effectively manage people. In order to scale a service business beyond oneself, one must delegate tasks and hire other service providers. The key to successful delegation is clarity in what one wants from the delegated person. Enjoy! Feedback Sessions: The Importance of Open Communication Managing Employee...

Today, I am giving some quick thoughts on why I love the internal communication channel that is known as Slack. Slack compartmentalizes conversations and can be used for different aspects of the business, like a channel for clinicians only or upcoming events. Slack is helpful for those who are technology averse, as it is an easy-to-use internal communication channel. It is used in both cash practi...

As a business and clinic owner, you must find ways to maintain mental and physical health. One of the biggest challenges of being a clinical entrepreneur is being present and engaged with patients, while also managing the multiple facets of running a business. Sacrifices often need to be made when working to build a successful business. This may mean avoiding social invitations or activities such...

For this Thursday episode, I will discuss a new show starring Eugene Levy called, 'The Reluctant Traveler'. The show follows Levy as he travels to different places, despite his fear of traveling. The key takeaway is that most of us have to go out and find difficult things to overcome. Enjoy! Exploring the concept of Sisu Developing Professional Skills Through Difficult Conversations The Value of m...

Today, Andy Chen makes his return to the podcast and we are discussing the state of the performance-based clinical world. Andy is the founder of Moment Physical Therapy and Moment Education, a mentorship program to help others learn faster than trying to piece it together themselves. Enjoy! Performance-Driven Approach in Physical Therapy Education Professional Development in Healthcare Mentoring Y...