$40K on Two Credit Cards. Now a $400K Clinic.
Dr. Kyle Richmond had about a thousand dollars to his name. So he opened two 0% interest credit cards, maxed both for roughly $40K, gave himself an 18-month deadline, and built out a clinic. <br> Three years later, Rebuilt is a 5,000+ square foot space outside Chicago. A clinic, a 4,000 sq ft performance gym, a Pilates studio upstairs, eight or nine employees, and clinic revenue going from $75K in year one to nearly $400K in year three. His marketing budget is still zero dollars. Rick and Kyle get into the actual mechanics. The Instagram account that covered his rent before he had a patient base. Why he went from "screw insurance" to a 70/30 in-network split, and the reimbursement number that changed his mind. The gym loss he runs on purpose, and the four or five patients a month it feeds him for free. The exact text message that got 90% of his patients leaving a Google review, and the day Google suspended his profile and deleted 261 of them. Plus the one hire he should have made a year earlier, and the tell he missed. If you're a clinic owner trying to get past the point where the business only grows when you personally show up, this one's for you. >> Free training for clinic owners: clinicowner.com >> Follow me on IG at: @thericklau >> Join the community: clinicaccelerator.com >> Stop missing calls with CallHero’s advanced phone system: mycallhero.com Chapters: (01:00) Meet Dr. Kyle Richmond: From Chiropractor to Clinic Owner (02:09) Why Kyle Left His Associate Job So Early (04:36) How Instagram Changed the Trajectory of His Career (07:01) Building Rebuilt: Clinic, Gym & Pilates Under One Roof (18:26) Starting a Clinic With $40K on Two Credit Cards (19:11) From $75K in Year One to a $400K Clinic (20:30) Cash vs. Insurance: Why Kyle Changed His Mind (28:20) Turning a Gym Into a Patient Acquisition Engine (32:55) Where His New Patients Actually Come From (41:09) The Hiring Mistake That Was Costing Him Patients