Process Breakdown Podcast (audio)

How Dr. Daniel Margolin Built a Podiatry Practice in the Top 3% of All Podiatrists in the USA by systematizing it!


Listen Later

Do you know what metrics to track in your business? Are you struggling to gain an accurate picture of how your business is doing?
In this interview, Dr. Daniel Margolin the CEO of New Jersey Foot & Ankle Center reveals how he’s been able to gain more control over his business, create income predictions, and maintain a fun environment for his employees who are happier than ever.
You will also discover how as a result of systematizing his entire business he has built a podiatry practice in the top 3% of all podiatrists in the US.

Tweetable Quote:

“I can predict based on the systems where my business is going to be next month, or next year!” – @njfootankle http://t.co/iirsiIkd1K
— SweetProcess (@SweetProcess) June 28, 2015

In this Episode You will Discover:

* How Daniel learned about the Hubbard Management System.
* How Daniel learned about what he needed to measure in his business.
* Why Daniel believes that you need to get the right people in place if you want to systematize your business.
* Why Daniel started personally calling his customers.
* How Daniel created a video series to train his employees.
* Why Daniel often second-guessed himself when he started putting in systems.
* How Daniel uses graphs to track how his employees are doing.
* Why Daniel believes you want to make sure your employees are able to handle the little things if you want to be able to step away from your business.

Episode Transcript:

OWEN: My guest today is Dr. Daniel Margolin and he is the CEO at New Jersey Foot and Ankle Center. Dr. Daniel, welcome to the show.
DR. DANIEL: Thank you so much for having me. I’m very excited to be here.
OWEN: Awesome. This show is all about having you talk about what you did to actually systematize your business, because every guest we come in here, the assumption and the fact is they systematize their business and it runs successfully without them. And so we want to know how you’ve been able to do that. But before we talk about that what are some mind blowing results that you now experience as a result of going through that process of systematizing your business?
DR. DANIEL: One of the main things is you actually don’t have to be there anymore and you continue to run. It gives you back your life and the respect that you know where everything is. You can predict the future. You can actually have an income prediction you could say. A lot of my friends that don’t have systems in place are really worried on a day to day basis how am I going to survive, how am I going to make the mortgage, I don’t have those worries because I can actually predict based on the systems where my business is going to be next week, next month, or next year. It puts me back in control. And it’s a more fun environment because as we put more and more systems in as we organize it more we also find that the staff are happier. So it’s more fun, more effective, and it’s more financially rewarding.
OWEN: How has your company itself been transformed as a result of systematizing the business?
DR. DANIEL: It went from a company that was barely surviving, barely hanging in there. A company where even the staff, if they didn’t have clear descriptions of what was expected of them. And they didn’t even know was the company going to be there in the next year. There was no prediction of the future for that company. So we went to like, wow, not only are we going to be there, we’re dominating our field. There’s nobody around us that’s even competing with us. We don’t compete anymore, we actually dominate.
...more
View all episodesView all episodes
Download on the App Store

Process Breakdown Podcast (audio)By Process Breakdown Podcast (audio)

  • 4.6
  • 4.6
  • 4.6
  • 4.6
  • 4.6

4.6

12 ratings


More shows like Process Breakdown Podcast (audio)

View all
HBR IdeaCast by Harvard Business Review

HBR IdeaCast

1,830 Listeners

Worklife with Adam Grant by TED

Worklife with Adam Grant

9,188 Listeners

My First Million by Hubspot Media

My First Million

2,620 Listeners

Huberman Lab by Scicomm Media

Huberman Lab

28,304 Listeners