How to Free Up Time and Boost Your Practice’s Profit

How to Free Up Time and Boost Your Practice’s Profit

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Many practice owners don’t realize how much their time is worth, which leads them to perform tasks that reduce their financial impact

In this episode, Tristan and Dave guide listeners through the process of auditing their activities, identifying low-value tasks, and freeing up time to focus on higher-impact work.
 
Here are the key takeaways from the episode:

  • Discover Your True Hourly Rate:Most practice owners overestimate their hourly worth. By calculating their actual earnings and hours worked, many discover they are earning far less than they think.
  • Audit Your Activities:Identify the tasks you're doing that don't contribute significantly to your financial impact. Many business owners spend time on low-value, functional tasks that can be outsourced.
  • Outsource Low-Value Tasks:By delegating or outsourcing tasks that fall below your hourly value, you can focus on high-impact activities that generate more revenue and growth for your practice.
  • Move from Functional to Vital:Practice owners often get bogged down in day-to-day operations. Shifting from functional tasks to vital, strategic tasks is essential for scaling your business.
  • Task Arbitrage:By outsourcing lower-value tasks at a lower rate, you can spend your time on tasks that generate much higher returns, creating more time and financial freedom.

 
This episode is a wake-up call for practice owners to re-evaluate how they spend their time and ensure they're maximizing their value in their business.

Tune in now.

Listen in as Tristan and Dave talk about how to identify the real constraints in your business, and how your growth becomes exponentially easier when you do.
 
👉 Gain extra 30 to 50+ new patients every month by clicking this link to book a demo call with my team https://practiceacceleration.com/application
👉 If this sounds interesting to you, book a demo call with my team https://practiceacceleration.com/application
🚀 If you’re looking for ways to grow your healthcare practice even faster, join our free Facebook group Scale Your Practice: https://www.facebook.com/groups/practiceownersinnercircle

 

Check out my socials for more tips and tricks ⬇️📱

➡️ Facebook – https://www.facebook.com/practiceacceleration
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➡️ TikTok – https://www.tiktok.com/@practiceacceleration

If you haven’t listened to our previous episode talking about Leveling Up: Tackling the Devil at Every Stage of Business Growth Episode 337.

P.S. If you want to learn more on how to scale your healthcare practice, chat with one of our expert coaches at https://practiceacceleration.com/application and see how we can help you! 

Thanks so much for joining us this week. We hope you love it! Have some feedback you’d like to share? Leave us a review on iTunes!

If you enjoyed this episode, please subscribe and leave an honest review for The Practice Acceleration Podcast on iTunes. Ratings and reviews are super helpful and greatly appreciated as it helps us expose this show to a wider audience- plus, we read each one of them!

If you’re looking for ways to grow your healthcare practice even faster, join our free Facebook group Scale Your Practice

Click here to speak to my team about how we can help.

 

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