00:38 – Dr. Pete and Dr. Stephen introduces today’s topic, How to Compensate Associates  

01:26 – Dr. Pete and Dr. Stephen recap the value that an associate doctor can bring to your practice

13:25 – Dr. Pete and Dr. Stephen discuss the objectives of Growth and Freedom  

18:28 – Dr. Pete and Dr. Stephen take a moment to promote Chiro Match Makers

20:14 – Dr. Pete and Dr. Stephen compare short-term and long-term associate doctor relationships  

27:03 – Dr. Pete and Dr. Stephen discuss the importance of getting your compensation model right  

EPISODE QUOTES

“Start with why you want to bring in an associate doctor. What are you trying to accomplish? Right it down and own it. This is why I am going to do this.” (04:27)

“When it comes to giving people certain roles – which comes with certain expectations and agreements – one of the most important things you’ll ever know is how a person is hardwired to behave and, what the role you’re hiring them for, what that calls for.” (09:36)

“There’s so many unique gifts and talents and skills that belong in chiropractic. We actually need everyone. We need to embrace our uniqueness. It’s actually in our uniqueness that we actually develop our greatest strength.” (10:33)

“Our goal here is to find out what their [the associate doctor] genius is so that we put them in a position of their genius. And so there is a right person for this role.” (12:38)

“Basically, it’s gonna come down to two categories of doctors. Are you looking for a business builder or are you looking for a caregiver?” (24:51)

“Remember, we’re talking numbers now. We’re talking metrics. We’re talking about your money. You want to get this right. You want to be able to have a business that you want to scale.” (29:02) 

LINKS MENTIONED

Dr. Stephen’s LinkedIn

Dr. Peter’s LinkedIn

The Remarkable CEO Website

Dr. Stephen’s Book – The Remarkable Practice: The Definitive Guide to Build a Thriving Chiropractic Business

Chiro Match Makers Website

To learn more about REM CEO & REM Associate Doctor Program, please schedule a call with Dr. Pete