Hiring Audiologists - The Light At The End Of The Tunnel.
Release Date: 11/30/2023
9 Questions to Transform Your Life
The Business of Hearing
This is a little different. We’re not discussing audiology or hearing care. Instead, I’m walking you through 9 questions to ask yourself to transform your life. The idea from this came from scrolling LinkedIn when I seen a viral list of though-provoking questions that you should ask yourself. 9 of them really stood out. Therefore, I thought I’d hit record, ask you the same questions as well as answer them brutally honestly. (Yep, this turns into the occasional therapy session) == To learn more about the Business of Hearing, visit Want to know how Oli and his team can support your...
info_outline
What Does A Boutique Hearing Care Practice Look Like?
The Business of Hearing
Every Industry in the world can be broken into three segments. The Mass Market – The option for most people. The Niche Market – The option for people with special interests. The Luxury Market – The option for status focused individuals. As clinic owners, your main focus is nearly always to cater to the mass market, Given that the vast majority of practice owners are in the same boat, and that the market is set to grow by 3.5x in the near future, it opens up the potential for “Boutique Practices” to make a name for themselves, serving the niche...
info_outline
Reminiscing & Revolutionizing Private Hearing Healthcare
The Business of Hearing
As Spandau Ballet rightly put it, GOLD. What a treat we are in for today, it’s the next instalment of Dr. Nancy Duncan’s ‘Under the Hood’ podcast. Today Nancy is joined by co-owner of Audiology Associates, hosting an impressive 12 locations across Maryland and Washington D.C. From building a high performance team of 25+ people across the business to building a practice that truly has a world class legacy... there really is so much GOLD in this episode. (Ive listened to it twice now and I take something different away from it each time i listen!)...
info_outline
How To Buy A Competitor Without Any Debt
The Business of Hearing
I don't mind a bit of competition, but if we're being honest with ourselves, life would be simpler and your business would be a LOT more profitable if you didn't have to compete, Imagine a world where potential patients only knew YOU as THE Hearing Care Professional to go to. Anything is possible! 💪🏼 So...have you ever wondered how you can buy your competitor? 💵 Well, in today's podcast, I'm going to dive into all the details on EXACTLY how you can approach and acquire one of your competitors right now, without having to leverage debt or step into a manufacturer unit agreement. You're...
info_outline
Apple Are Entering The Hearing Care Market
The Business of Hearing
Do you own a pair of AirPods? 🎧 Well, it appears that it was only a matter of time before 🍎 brought forth their long-awaited attack on the hearing healthcare world. When I say ‘world’ that’s exactly what I mean, this new technology from Apple has the potential to disrupt hearing care internationally. This podcast is going to share what we know up to now, my predictions, the pros and cons to this move, and how I believe you should approach this to be positioned perfectly for the tech giant’s announcement. It’s only short, but this podcast is...
info_outline
My Weird High Performance Habits
The Business of Hearing
I’ve been VERY hesitant to release this week’s podcast. Because in all honesty, what I'm about to tell you, you might question my sanity, and when my name appears anywhere, the only image you will be able to invisage is me in a straight jacket. Essentially, I thought there may be value (probably not) in sharing three little weird ‘high performance habits’ that I’ve discovered over the past several years. • One of them involves alcohol and shopping • One is focused on mindful scheduling • And the third is something that I’ve never shared...
info_outline
The Quickest Way To Find Hidden Cash In Your Clinic
The Business of Hearing
I don’t “need” a new bathroom... However my wife “want’s” a new bathroom... So...we’re getting a new bathroom! 🚿 Off the back of this fantastic home improvement thought from my wife, I’ve been contacting a variety of different installation companies, arranged visits for their representatives, exchanged a filing cabinet’s worth of pleasantries and discussed in detail options that were available. Yet, to this date, not a SINGLE company has followed up on our enquiries or meetings. Ironically, this inconvenience got me thinking, these companies must be...
info_outline
How to Be Victorious In Private Practice (Pardon The Pun)
The Business of Hearing
Welcome to another thought-provoking ‘Under the Hood’ interview, and this week, if you'll pardon the pun... we're feeling victorious as Dr. Nancy Duncan is joined by Dr. Jill Davis from Victory Hearing & Balance in Austin, Texas. Since the birth of her ‘Victory Music Program’ Jill has demonstrated to how she’s utilized “cognitive hearing” to create a sharp point of difference in her marketplace. There’s so many lessons in this episode around adding additional services, proving just how important it is to look outside the box. Because as we all know... this industry is not...
info_outline
Where to Look for Eye-Watering Growth in 2024
The Business of Hearing
I’m not sure if you should listen to this podcast... Last week I told you that if you only listened to one of my podcasts, to make sure it was that one. Well... in stark contrast to that, for the vast majority of listeners, this week’s podcast probably isn’t something that you’ll ever even consider. Granted, not everyone is driven to build out practices on a franchise-like scale, but for some (you know who you are...), BIGGER can only ever be BETTER. Are you looking for OBNOXIOUS growth? Want to know where the BIGGEST opportunities...
info_outline
The Monumental Marketing Swing That Is Happening Right NOW
The Business of Hearing
It's BIG, it's Juicy... and If you only ever listen to ONE of my podcasts, make it this episode. Times are clearly changing and if you're trying to market yourself in the same way you did in years gone by, you might have noticed that it's not quite working the same way as it once did. If you understand what I’m sharing with you in this episode, you’ll be head and shoulders above the rest of the industry... and you'll be able to benefit from a big opportunity in the next 6 years. What I'm about to share with you is the combination of studying months worth of data, trends and generations,...
info_outlineOne of the biggest pain points for 2023 in the world of audiology has been hiring – but why?
- More people than ever reaching the age of 65 and looking to retire.
- On average only 500 new audiologists are being trained/educated each year.
- Just over 13,000 audiologists existing in North America today
Supply and Demand – Are there enough?
Hiring top quality audiologists is essential to achieving great success in your clinic not to mention a fantastic rapport with your patients, so finding the right person to fit the job – for the right money, has been somewhat of a challenge this year.
But fear not, with crystal ball in hand, let me tell you why I can see a light at the end of the tunnel, and what my predictions are for the next few years.
Enjoy J