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CBP 042: Success in the Cash-Based Practice Model since 1996! Sage Wisdom from Bob Cohen PT

Author
Jarod Carter
Published
Thu 19 Nov 2015
Episode Link
https://drjarodcarter.com/cbp-042-bob-cohen-private-pay-since-1996/

Click here to download this episode

Bob Cohen has had a cash-based PT practice since 1996! In this episode we learn the key ways he was able to have success for this long; and long before most people thought this business model was even possible. 

In this episode, you’ll learn about:
  • What compelled him to start his practice, and to choose the cash-pay route back in 1996
  • How he did so with a 6 year old son and little other income
  • the backup plan that he had in case it didn't work out
  • the niche market that he targeted with his initial marketing
  • how he approached this niche market and compelled them to say yes to his marketing presentations
  • the results of his attempts at marketing to physicians
  • key advice he received from his mentor
  • a creative way he utilized a “letter to the editor” of his cities newspaper that resulted in a lot of business over time
  • how he dealt with his hesitance to ask for full cash payment out-of-pocket from patients in his new practice
  • how he explains his treatments and justifies his fees to prospective new patients
  • why he decided to keep his practice a one-man show
  • must-hear advice for success in the cash-based model
Resources and Links mentioned in this episode:
  • The article he wrote about the cash-practice model in 1998 that an editor claimed was impossible.

Click Here to learn how to start your own Cash-Based Practice like Bob and Jarod

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