Appalled – The state of unfairly compensating an employed optometrist
Through Partners in Profit, I have had the privilege of coaching hundreds of optometrists in their careers. The most common request for advice comes from employed optometrists looking to buy into or purchase a practice. They want my unbiased opinion of their situation. They have nothing to lose with my opinion and I have nothing […]
Associate Optometrist and non-OD Staff incentives based on value
As an optometric practice owner, do you find the amount of compensation you are paying out is pushing the high end of absurd? In his book Good Profits, billionaire businessman Charles Koch writes that incentives should be solely centered on the value an individual adds to the company as a whole. He critiques companies that […]
Paying your student loan off faster requires 3 easy steps
Graduating optometrists have two main questions: Where am I going to practice? and How will I pay back my student loan? Although loan amounts can be staggering, there is no need to fear. Many optometrists have paid off their debt and are reaping the rewards of having additional money in the bank by following these […]
3 options to pay your Associate Optometrist
What is an associate worth in today’s competitive market? You may be wrestling with how to pay your associate and what to pay your associate so you don’t lose a large portion of your yearly compensation. Paying an associate does not have to be a difficult decision, in fact, it can be very revealing in […]