Eye Own a Business
Build an optometry practice and life you love! Eye Own a Business teaches independent ODs how to grow a thriving practice while wearing the hats of both a doctor and a business owner. Tune in as Dr. Steve Vargo and his guests guide you with the tools and strategies you need to build the practice of your dreams, one step at a time. Eye Own a Business is brought to you by IDOC. Learn more at IDOC.net
Episodes
Tuesday Apr 02, 2024
3 Surprising Reasons Patients Don’t Buy from You
Tuesday Apr 02, 2024
Tuesday Apr 02, 2024
Resistance to a sale is often countered with additional patient education, assuming that more information will lower the barrier to a sale. In reality, many of our purchase decisions are not driven by what we KNOW about something, they’re driven by what we FEEL about something.
Fear, excitement, anticipation, trust, safety, confusion, curiosity, and certainty are some examples of emotions that influence our purchase decisions. Research shows the overwhelming majority of our decisions are primarily driven by emotions, not logic.
In this episode we explore some of the not so obvious reasons people resist making a purchase, along with strategies to counter these situations.
Tuesday Mar 19, 2024
Current Trends in Eyewear Fashion and Design
Tuesday Mar 19, 2024
Tuesday Mar 19, 2024
In this episode, Selin Olmsted (founder of Selin Olmsted Studio) shares her expertise on a topic many ODs marginalize. Eyewear fashion and design!
A few things we discuss are insights on the latest eyewear trends, factors to consider when selecting frames, options for implementing private label, and adapting to future trends.
Doctors know a lot about the clinical side of eye care. Patients want great vision and healthy eyes, but don’t neglect something that is also very important to your patients… Looking good!
More about Selin and her company https://www.selinolmsted.com/
Tuesday Mar 05, 2024
Take Your Practice to the Next Level
Tuesday Mar 05, 2024
Tuesday Mar 05, 2024
In this episode, Sharon Carter shares her strategies for getting “unstuck” and taking your practice to the next level.
We cover a lot of reasons practices fail to reach their full potential and how to put strategies in place to maintain growth. Spoiler alert! You can’t do this alone. After a certain point, designating a leadership team is necessary. However, those efforts can be sabotaged by putting the wrong people in these roles. It’s also possible that you have the right people with the right attributes, but your approach to promotion and development sets them up for failure.
What’s the best way to track success? Numbers! In Sharon’s words, “The numbers don’t lie.” In this interview we cover the importance of KPI’s (key performance indicators), which KPI’s to track, and how to hold employees accountable for outcomes.
Sharon is the owner of ECOC Optometric Consulting. Learn more about her company here: https://ecoc.biz/
Tuesday Feb 20, 2024
Hiring for Success: A Systematic Approach to Building Your Team
Tuesday Feb 20, 2024
Tuesday Feb 20, 2024
In this episode, Dr. Mike Neal shares how he transformed his practice by removing many of the obstacles that prevent practice owners from building a great team.
A few things we discuss are taking emotion out of the interview process, the importance of focusing on talents and strengths rather than just experience, what we can learn from companies like Disney to ensure better hires, and how to get clear on which applicants to reject and which to call in for an interview.
If you're ready to change the game and set yourself up for hiring success, you’ll love this episode!
Dr. Mike Neal is the owner and CEO of Build My Team. Learn more about his company here: https://www.buildmyteam.com/
Tuesday Feb 06, 2024
From Mundane to Meaningful: A Blueprint for Productive Staff Meetings
Tuesday Feb 06, 2024
Tuesday Feb 06, 2024
In this episode, we explore the key elements of a successful staff meeting that leaves a lasting impact. The planning phase takes center stage, emphasizing the importance of identifying the need, purpose, and intention of the meeting. The episode highlights the perpetual nature of issues to address and emphasizes the value of delivering a clear and focused message, recognizing that less is more when it comes to information absorption.
Collaboration is introduced as a powerful tool during staff meetings, illustrating how discussions among attendees can enhance information retention. The "So what?" test is discussed as a practical tool for filtering information, ensuring that only essential and impactful content is included in meetings. Authenticity in delivery is emphasized, covering gestures, tone, and conviction. Tune in to discover actionable insights for transforming your staff meetings into engaging and effective sessions.
More about Erin at https://erinmomalley.com/
Tuesday Jan 23, 2024
Get More Patient Referrals from Local Physicians
Tuesday Jan 23, 2024
Tuesday Jan 23, 2024
In this episode, Dr. Aaron Neufeld shares his strategies for leveraging referrals from other doctors to grow his practice.
When it comes to marketing your practice, many ODs think of traditional marketing strategies such as social media, online or print marketing, and having a great website. These are all important to grow a practice, but in this technological world we often marginalize face to face marketing.
In this interview, we focus on Dr. Neufeld’s strategies for securing more referrals, what to expect when you begin this process, which doctors to target, how to sustain a very productive relationship, and how to overcome some of the obstacles you will likely face.
Tuesday Jan 09, 2024
Stop Talking So Much! Listening is the Key to Better Outcomes
Tuesday Jan 09, 2024
Tuesday Jan 09, 2024
In this episode, Stanford lecturer Matt Abrahams shares valuable insights about listening and communication from his book, Think Faster, Talk Smarter: How to Speak Successfully When You’re Put on the Spot
Doctors are tasked with solving problems for their patients, but as Matt points out, it’s not hard to solve problems, it’s hard to find the right problems to solve.
In this interview, we focus on asking better questions and sharpening our listening skills. Matt says that questions get the other person more invested in the problem itself and the desire to solve it. “When it comes to communication, we over index on the speaking part and we need to balance that out with the listening part,” he says. When it comes to establishing connections, building trust, and uncovering problems (all vital to patient care), we need to do more listening than talking.
More about Matt at Mattabrahams.com
Tuesday Dec 19, 2023
Creating Motivational Systems in Your Practice
Tuesday Dec 19, 2023
Tuesday Dec 19, 2023
The best practices are NOT constantly trying to motivate people, they just have better systems in place, and they manage the systems. That's much easier than constantly managing (and motivating) people.
Do you agree or disagree with the above? In this episode, I take on the interviewee role as Erich Mattei, President of Akrinos, interviews me on this topic for his podcast. We attempt to answer the question, “Which is more effective when it comes to managing employees, motivation or systems?”
Tuesday Dec 05, 2023
Fed Up with Your Lab? Make a Switch!
Tuesday Dec 05, 2023
Tuesday Dec 05, 2023
One of the biggest checks you write is to your lab, yet many practices seem to tolerate a lot of bad service from the labs they partner with. Dr. Barton Higley is one doctor who had enough, ultimately partnering with an independent lab out of Pittsburgh called Three Rivers Optical.
In this episode Dr. Higley describes his struggles with the labs he used prior. Poor customer service, poor quality, and inexperienced reps led him to pursue alternatives. Based on prior experience he was understandably skeptical, but he explains how Three Rivers Optical surpassed all his expectations.
Dr. Higley asked himself an important question, “Does their business model align with our practice model?” After partnering this Three Rivers his question was answered. They did! Does YOUR lab align with YOUR practice model?
Find out more: https://3riversoptical.com/
Link to meet with Dr. Higley: https://go.oncehub.com/HigleyThreeRiversPeerConsulting
Tuesday Nov 21, 2023
Transforming Patient Care to Overcome Burnout
Tuesday Nov 21, 2023
Tuesday Nov 21, 2023
Approximately 50 percent of doctors are experiencing professional burnout. In this episode we explore the most common reasons for this and what you can do to overcome it. While much of the attention for reducing physician burnout has been focused on getting away from patient care, also called escapism, this isn’t a realistic option for all doctors and it’s also not always the most effective option. A more sustainable approach is not getting away from patient care, but rather changing how we provide patient care. The focus of this episode is on shifting from a transactional model back to a relational model. A more personalized approach to patient care combined with a greater sense of accomplishment can help restore the joy and satisfaction in the profession of eye care.