Mistakes Help You Grow Your Practice

You've probably heard me say that medicine is a business.  It takes work to run a successful business.   There are good days and bad days.  And, no matter how hard you try, like all business owners, you'll make mistakes. That's the truth.

But with mistakes comes experience. The key  to running a successful private medical practice, or any business for that matter, is to learn from missteps. Ideally you learn how to grow from other people's mistakes rather than have to make them yourself.

Today I chat with Dr. Christine Meyer of Christine Meyer and Associates about her journey from being an employed physician to starting her own practice and ultimately growing it to the 19 providers she has today.  While I want you to hear that it is really possible to have a phenomenally successful practice, the real goal of this episode is to talk about the mistakes she and I have both made along the way.

Dr. Meyer and I discuss everything from hiring providers, to figuring out space requirements to managing staff, how and what to delegate and more. You'll hear about the common pitfalls that many practice owners experience and how to avoid them.

One of the most important takeaways from my conversation with Dr. Meyer is, no matter what stage you are at in starting, running or growing your private practice, you need to be actively involved in the management and learn from every experience.

More about Dr. Meyer:
Dr. Meyer was born and raised in New Jersey to first-generation Egyptian parents. She received her Bachelor’s  from Rutgers University and MD from Hahnemann University School of Medicine (now Drexel University). Dr. Meyer  completed an Internal Medicine Residency at Thomas Jefferson University Hospital and is board certified in Internal Medicine.

She met her husband, Dr. Christopher Meyer, on the first day of medical school.  In 2004, the Meyers realized their life-long dream to have a medical practice together. Christine Meyer, MD & Associates, and Healthy Steps Pediatrics are considered the premier primary-care practices in Chester County.

Her most recent passion has been the launch and growth of her podcast, Tell Me More: Better Conversations in Healthcare, 

Want to hear more tips on how to start, run and grow your practice and related medical businesses, please sign up for my newsletter at https://www.thepracticebuildingmd.com

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