Optometrists Building Empires

Ready to supercharge your financial strategies and build your optometry empire? Our guest today is Adam Cmejla, a powerhouse in financial advising dedicated to optometrists nationwide. He is the founder and president of Integrated Planning and Wealth Management. In this episode, we'll uncover the secrets behind his expertise, from planning life on purpose to intentional practice ownership. Get ready to take your financial planning to the next level and learn how to optimize your business for ultimate success. Welcome to another exciting episode of Optometrist Building Empires!
 
Takeaways:
  • Establish Clear Goals. Begin with the end in mind and create concrete goals. Communicate these objectives clearly to your team to ensure everyone is aligned.
  • Adopt a Strategic Approach. Regularly set aside time to work on the business, not just in it. Focus on strategies such as increasing patient inflow, enhancing patient experience, and optimizing operational efficiency.
  • Leverage Technology Correctly. Implement new technology or equipment only after thorough planning. Calculate the return on investment and ensure your team is equipped to maximize its benefits.
  • Focus on Training and Development. Continuous training and development for your team should be a priority. Build a training program that updates and enhances the skills of your staff.
  • Measure and Analyze Key Metrics. Regularly review financial statements, patient feedback, and other critical metrics. Use this data to make informed decisions and to track the progress of business goals.
  • Develop a Succession Plan. Plan for the future by developing a succession plan. Identify and mentor potential leaders within your organization to ensure the continuity of your business.
  • Always prioritize patient care and experience. Happy patients are more likely to return, refer others, and leave positive reviews, which contributes to practice growth.

Quote of the Show:
  • “As long as we are delivering value into the world, there is an infinite amount of value that we can provide.” - Adam Cmejla
Links:

Book Shoutouts: 
Who Not How by Dan Sullivan: https://www.amazon.com/Who-Not-How-Accelerating-Teamwork-ebook/dp/B0867ZJ151 
The Effective Executive by Peter Drucker: https://www.amazon.com/Effective-Executive-Definitive-Harperbusiness-Essentials/dp/0060833459 
Atomic Habits by James Clear: https://www.amazon.com/Atomic-Habits-Proven-Build-Break/dp/0735211299 
7 Habits of Highly Effective People by Dr. Stephen Covey: https://www.amazon.com/Habits-Highly-Effective-People-Powerful/dp/0743269519 
Profit First by Mike Michalowicz: https://www.amazon.com/Profit-First-Transform-Cash-Eating-Money-Making/dp/073521414X/ref=asc_df_073521414X/?tag=hyprod-20&linkCode=df0&hvadid=693502746917&hvpos=&hvnetw=g&hvrand=6045037668158536149&hvpone=&hvptwo=&hvqmt=&hvdev=c&hvdvcmdl=&hvlocint=&hvlocphy=1021903&hvtargid=pla-298926601855&psc=1&mcid=9fb5286c0d68364aa8d7a52362ff4a3d 
 

Ways to Tune In:

Creators & Guests

Host
Ankit Patel
Producer
Rebecca Leberman

What is Optometrists Building Empires?

Welcome to Optometrists Building Empires! Each week, host Ankit Patel, explores the journey of multi-practice ownership and leadership in optometry with some of the top minds in his field. This show is sponsored by My Business Care Team: We help increase revenue, reduce costs, and reduce staffing headaches. Let's build your empire together!