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5 Ways To Get Paid As A Clinic Owner (Most Only Have 1 of These)

Bryan Wright, The Clinic Builder

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5 Ways To Get Paid As A Clinic Owner (Most Only Have 1 of These)

44 просмотра · 3 нед. назад
Bryan Wright, The Clinic Builder
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44 просмотра · 3 нед. назад
Learn more about the Pilot North Business Academy at https://www.pilotnorthgroup.com Can you actually make good money owning a physical therapy clinic? Yes, more than most PT owners think. But most owners are only looking at one number on their pay stub and deciding ownership isn't worth the risk. In this video, I'm going to break down the five separate ways a clinic can actually pay you, the order they need to happen in, and why chasing them out of order wrecks the cash flow you could have had. TIMESTAMPS 0:00 5 Ways To Get Paid As A Clinic Owner (Most Only Have 1 of These) 0:20 Why my own salary is the lowest in my company 1:22 Why ownership feels like a bad trade early on 2:31 The number most owners watch that lies to them 3:20 Asset versus liability, the Kiyosaki test for your clinic 3:58 The 5 buckets of cash flow owners can get paid from 5:56 The pumpkin patch mistake owners make with bucket five 7:38 Why the order of the buckets actually matters 8:29 Profit margin per clinician, the number that tells the truth 9:25 The homework, pull your PNL and find your empty buckets QUESTIONS ANSWERED Q: What are the 5 ways a business owner can get paid from a PT clinic? A: The five buckets are salary and benefits, profit share, distributions, equity, and passive income. They should be built in that order, because each one depends on the stability created by the one before it. Q: Why does Bryan Wright pay himself the lowest salary in his own company? A: Earned income is taxed higher and carries less leverage than distributions and equity. Keeping his salary low forces him to build wealth through the ownership buckets instead of relying on a paycheck. Q: What is the biggest mistake owners make when trying to build multiple income streams? A: Owners often jump straight to passive income or side businesses before their core clinic is profitable and stable. This pulls energy away from the main business, like small pumpkins draining a vine instead of letting one pumpkin grow large. Watch Next    • How to Grow Your PT Clinic Without Letting...   How to Grow Your PT Clinic Without Letting It Take Over Your Life RESOURCES Website: https://www.pilotnorthgroup.com IG:   / pilot_north_business_group   FB: https://www.facebook.com/share/1BcEbf... If this hit home, subscribe. Every week I break down the real root causes behind the ceilings clinic owners and operators hit, and how to build something that actually serves your life instead of consuming it. Which of the 5 buckets is actually paying you right now? Drop a comment and tell me which ones are empty in your clinic. ABOUT BRYAN WRIGHT Bryan Wright is a Doctor of Physical Therapy who built Wright PT from a single clinic in 2008 into an 8 figure, 21 location company. He has personally invested 3 million dollars in his own business education and now serves as founder of Pilot North Group, a founding partnership and mentorship engine that helps operators build companies that don't require their constant presence. He is the author of the upcoming book Four Goliaths. #PhysicalTherapyBusiness #ClinicOwner #BusinessLeadership #EntrepreneurMindset #ScaleYourBusiness