20/20 MONEY: The Business of Optometry

Increasing Profitability Through Staffing Flexibility with Dr. Gina Wesley, OD


Listen Later

Hello, and welcome to this episode of 20/20 Money! My guest on today's show is Dr. Gina Wesley.

Dr. Wesley owns and practices at Complete Eye Care in Medina, MN and she's been recognized as Minnesota's Young Optometrist of the Year in 2011 and has also earned the Early Professional Achievement Award from The Ohio State University College of Optometry in 2013. She joins the show today to talk about something that almost every practice owner I've talked to struggles with at some point in their career: staff management. In this conversation, Gina and I talk specifically about a change she made in her practice which allowed her staff to be flexible in the number of hours they worked per week. We talk about the genesis of this change in her practice and some of the metrics that she's used to analyze the effect of this strategy not only on the numbers of her practice but also the "intangibles" such as team morale and commitment to excellence in the practice. We use this idea as a jumping off point to talk about how important it is for ODs to manage their own time effectively and why it's important to think about task management and delegation in your practice as something that can give you an incredible return on time which can translate to a great return on your investment in your team. She also shares a great success story on how she's actually outsourced a good part of her practice management and COO-type responsibilities not to an in-office team member but to a 3rd party, unaffiliated business whose sole business model is to show up and actually work to get themselves fired from their clients…which is quite a novel idea but one that makes complete sense when you hear how Gina describes their services.

Just a heads up to you the listener: I recorded this episode with Gina while traveling and unfortunately did not have all of my recording equipment with me. I apologize if the audio isn't as crisp as in past episodes, but don't let that detract you from listening to what I felt was a great conversation with Gina.

As a reminder, you can get all the information discussed in today's conversation by visiting our website at integratedpwm.com and clicking on the Learning Center. While there, you can also set up a 15min pre-discovery conversation to learn a little bit more about what it means to work with our firm or check out any number of additional free resources like our eBooks and on-demand webinars.

And with that introduction, I hope you enjoy my conversation with Dr. Gina Wesley.

Pumpkin Plan

Microsoft's 4 day workweek study

Healthcare Management Resources, Inc.

The One Thing

Essentialism

Athena Executive Assistants

Upwork

Deep Work

—————————————————————————————————— Please rate and subscribe to 20/20 Money on these platforms Apple Podcasts Spotify Google Play Stitcher ——————————————————————————————————

For past episodes of 20/20 Money with full companion show notes, please check out our episode archive here!

...more
View all episodesView all episodes
Download on the App Store

20/20 MONEY: The Business of OptometryBy Adam Cmejla

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

78 ratings


More shows like 20/20 MONEY: The Business of Optometry

View all
Your Money, Your Wealth by Joe Anderson, CFP® & Alan Clopine, CPA of Pure Financial Advisors

Your Money, Your Wealth

803 Listeners

Retirement Starts Today by Benjamin Brandt CFP®, RICP®

Retirement Starts Today

519 Listeners

Defocus Media Eyecare and Optometry Podcast Network by Defocus Media Eyecare and Optometry Podcast Network

Defocus Media Eyecare and Optometry Podcast Network

57 Listeners

Power Hour Optometry by The Power Practice

Power Hour Optometry

77 Listeners

Stay Wealthy Retirement Podcast by Taylor Schulte, CFP®

Stay Wealthy Retirement Podcast

667 Listeners

EyeCode Media by Christopher Wolfe, OD, FAAO, Dipl. ABO

EyeCode Media

101 Listeners

Optometry: The Ultimate O.D. by Optometry: The Ultimate O.D. Podcast

Optometry: The Ultimate O.D.

20 Listeners

Practice Advantage by Dr. Justin Manning

Practice Advantage

13 Listeners

Optometric Insights Media by Dr. Dave Kading & Dr. Mile Brujic

Optometric Insights Media

21 Listeners

EYE OWN A BUSINESS by IDOC

EYE OWN A BUSINESS

18 Listeners

The Optometry Money Podcast by Evon Mendrin CFP®, CSLP®

The Optometry Money Podcast

13 Listeners

Cleinman Connect Podcast by Cleinman Performance Partners

Cleinman Connect Podcast

0 Listeners

ODs on Education Podcast by ODs on Education (an ODs on Finance production)

ODs on Education Podcast

13 Listeners

Optometrists Building Empires by Ankit Patel

Optometrists Building Empires

5 Listeners

Your Money Guide on the Side by Tyler Gardner

Your Money Guide on the Side

1,298 Listeners