Guest guest Posted November 27, 2006 Report Posted November 27, 2006 Its never too late - to make it big or to blow it. 4 kids, wife, things going pretty well until I decided to : 1) go back to school at age 41 2) Invest in real estate as the bubble burst. Now in way over my head again in debt. Now my retirement is gone too - should have just stuck out chiropractic a few more years, only debt I had left was I owed a small bit on my personal home. Its never too late - make wise decisions or you may get to be a greeter in Walmart Anglen Re:Planner's advise!! Yeah, throw a couple of kids and a wife into that story and it becomes even better! Retirement doesn't look to be in my future. -- Brad A. Cockman, DC Chiropractic Locum Tenens 20389 Rae Rd. Bend, Or. 97702 541.280.0777 brad21gmail Check out the new AOL. Most comprehensive set of free safety and security tools, free access to millions of high-quality videos from across the web, free AOL Mail and more. Quote
Guest guest Posted November 27, 2006 Report Posted November 27, 2006 It's tough at the outset of practice. I leased a small storefront in 1983 after graduation and spent 7 days a week waiting for the phone to ring, seeing the few patients for an hour if I had the time. I wrote to every dance and aerobics instructor offering free service. If they liked the treatment, I offered to continue to treat them for free in exchange for referrals. It worked, I got the referrals and the instructors paid. But, it took three years before I made my first small profit. I worked a second business making home decoration products that I sold at trade shows around the west and Hawaii to make ends meet. Five years into the lease, the owner informed me he had a buyer for the building and I would have to cash him out or find another space to use. We refinanced our house (that we still owed plenty on) and took on more debt by acquiring the building. This is the 24th year now in the same location and I own the building free and clear.Another doc who leased a space in the building from me took a posture evaluation setup to Fred Meyer lobbies (for a small fee to them) and did postural analyses. It worked for him and he got the patients he needed. You have to be able to get people better. If you can, then you'll probably make it, as long as you're able to keep your overhead low and your motivation to serve patients as the highest priority. We're on the verge of major changes in the way health care is practiced in America and perseverance will pay. Be careful what you work for: if it's the money, then lessons will abound; if it's the patient's welfare, then everything will work in your favor. What got you into this business in the first place? Sears, DCNW PDX On Nov 27, 2006, at 9:27 AM, ang320@... wrote: Its never too late - to make it big or to blow it. 4 kids, wife, things going pretty well until I decided to : 1) go back to school at age 41 2) Invest in real estate as the bubble burst. Now in way over my head again in debt. Now my retirement is gone too - should have just stuck out chiropractic a few more years, only debt I had left was I owed a small bit on my personal home. Its never too late - make wise decisions or you may get to be a greeter in Walmart Anglen Re:Planner's advise!!Yeah, throw a couple of kids and a wife into that story and it becomes even better! Retirement doesn't look to be in my future.-- Brad A. Cockman, DCChiropractic Locum Tenens20389 Rae Rd.Bend, Or. 97702541.280.0777brad21gmailCheck out the new AOL. Most comprehensive set of free safety and security tools, free access to millions of high-quality videos from across the web, free AOL Mail and more. Quote
Guest guest Posted November 27, 2006 Report Posted November 27, 2006 Good Post , I can relate somewhat. Chiropractic is a tough business no doubt about it. However, if you keep getting people better, the word will get out. ph Medlin, DCSpine Tree Chiropractic1627 NE Alberta St.Portland, OR 97211 Re:Planner's advise!! Yeah, throw a couple of kids and a wife into that story and it becomes even better! Retirement doesn't look to be in my future.-- Brad A. Cockman, DCChiropractic Locum Tenens20389 Rae Rd.Bend, Or. 97702541.280.0777brad21gmail Check out the new AOL. Most comprehensive set of free safety and security tools, free access to millions of high-quality videos from across the web, free AOL Mail and more. Quote
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