April 4, 2025

Can You Build Freedom Inside the System? Or Do You Have to Break It?

Can You Build Freedom Inside the System? Or Do You Have to Break It?

WEBVTT

00:00:01.562 --> 00:00:02.081
All right.

00:00:02.161 --> 00:00:03.322
Early bird special.

00:00:03.383 --> 00:00:04.564
Man, Dave is a dad.

00:00:04.604 --> 00:00:05.945
He's getting old and now

00:00:05.964 --> 00:00:07.424
he's early to the show.

00:00:07.525 --> 00:00:09.506
Dave, we missed you on Tuesday.

00:00:09.547 --> 00:00:10.147
How's it going?

00:00:11.428 --> 00:00:11.928
Good morning.

00:00:12.227 --> 00:00:12.868
All is well.

00:00:12.888 --> 00:00:13.409
How about you?

00:00:14.574 --> 00:00:15.496
It's going great.

00:00:15.676 --> 00:00:16.977
So interesting stuff.

00:00:16.996 --> 00:00:19.640
I don't know if I'd call

00:00:19.679 --> 00:00:21.120
myself an entrepreneur,

00:00:21.140 --> 00:00:21.821
but I'm going to say the

00:00:21.882 --> 00:00:24.164
life of a business owner is never quiet.

00:00:25.804 --> 00:00:27.126
Before we started,

00:00:27.806 --> 00:00:28.968
we're going to bring Jimmy in.

00:00:29.487 --> 00:00:32.131
Before we started, I shared with Dave,

00:00:33.031 --> 00:00:35.152
I effectively built a business model.

00:00:35.853 --> 00:00:37.475
That plays to my strengths.

00:00:37.795 --> 00:00:38.036
Right.

00:00:38.055 --> 00:00:39.137
So what are my strengths?

00:00:39.216 --> 00:00:40.338
I've got social media.

00:00:40.417 --> 00:00:41.658
So a big chunk of our

00:00:41.719 --> 00:00:43.619
revenue profitability comes

00:00:43.640 --> 00:00:45.161
from social media income.

00:00:45.582 --> 00:00:46.701
But I also own property.

00:00:46.982 --> 00:00:48.423
It was always a dream of

00:00:48.603 --> 00:00:50.524
ours to own the building we

00:00:50.706 --> 00:00:52.906
were in for our physical therapy clinics.

00:00:53.448 --> 00:00:54.969
We own property in Florida.

00:00:55.029 --> 00:00:55.810
We've sold that.

00:00:55.890 --> 00:00:57.051
We own property here.

00:00:58.100 --> 00:00:59.801
And a big chunk of my

00:01:00.421 --> 00:01:03.863
business income is rental income.

00:01:03.904 --> 00:01:05.304
Well, I'm losing a big tenant.

00:01:05.683 --> 00:01:07.004
I just got a sixty,

00:01:07.025 --> 00:01:09.006
maybe ninety day notice on

00:01:09.225 --> 00:01:10.447
this tenant moving out.

00:01:11.147 --> 00:01:13.007
So now I'm like, well, shoot,

00:01:13.248 --> 00:01:15.149
let's say that's a third of my income,

00:01:15.209 --> 00:01:16.429
a big chunk of my profit.

00:01:16.608 --> 00:01:18.209
Where am I going to replace that?

00:01:19.570 --> 00:01:20.290
And this is the real

00:01:20.331 --> 00:01:21.272
challenge that business

00:01:21.331 --> 00:01:22.231
owners are dealing with.

00:01:22.352 --> 00:01:23.311
You know, whether it be,

00:01:23.331 --> 00:01:25.013
you lose a big referral source,

00:01:26.253 --> 00:01:28.213
you go under a big Medicare audit,

00:01:28.274 --> 00:01:28.873
like whatever,

00:01:28.914 --> 00:01:30.174
there's always big changes

00:01:30.215 --> 00:01:31.015
that are happening.

00:01:31.775 --> 00:01:33.355
So we're brainstorming,

00:01:33.596 --> 00:01:34.516
we're figuring it out.

00:01:34.555 --> 00:01:36.356
I'm like, well, I could, you know,

00:01:36.516 --> 00:01:39.177
replace that revenue, that rental income,

00:01:39.237 --> 00:01:40.599
obviously with another tenant.

00:01:40.618 --> 00:01:42.739
And that's kind of the sweet spot.

00:01:43.400 --> 00:01:44.859
We grabbed a realtor,

00:01:45.060 --> 00:01:45.781
we're working with a

00:01:45.840 --> 00:01:47.221
realtor for the first time,

00:01:47.480 --> 00:01:49.022
and we're gonna try and fill that space.

00:01:50.162 --> 00:01:51.864
I could sell the building, you know,

00:01:52.185 --> 00:01:53.626
use this as a time for an exit.

00:01:53.646 --> 00:01:54.606
They're doing tons of

00:01:54.667 --> 00:01:55.968
construction around us.

00:01:56.069 --> 00:01:57.049
We're right off the I-

00:01:57.069 --> 00:01:58.251
seventy five corridor.

00:01:58.831 --> 00:02:00.313
We've got a thirty six

00:02:00.352 --> 00:02:02.396
hundred seat convention

00:02:02.436 --> 00:02:03.796
center and hotel being

00:02:03.856 --> 00:02:04.897
built within the next

00:02:04.938 --> 00:02:06.260
twelve to eighteen months

00:02:06.459 --> 00:02:07.320
right next to us.

00:02:07.921 --> 00:02:10.003
Bunch of commercial properties coming in,

00:02:10.044 --> 00:02:10.783
bunch of retail.

00:02:11.860 --> 00:02:13.200
So this could be a good time

00:02:13.241 --> 00:02:14.200
to exit the building.

00:02:14.622 --> 00:02:15.602
This could be a good time to

00:02:15.622 --> 00:02:16.522
find a new tenant.

00:02:16.582 --> 00:02:18.223
That's going to take a bigger footprint.

00:02:18.343 --> 00:02:20.284
This could be a big time to, you know,

00:02:20.324 --> 00:02:21.625
just change my business again.

00:02:22.066 --> 00:02:23.746
Look at doing education,

00:02:23.786 --> 00:02:24.766
doing conferences.

00:02:25.227 --> 00:02:26.587
I talked to Jimmy about this,

00:02:27.108 --> 00:02:29.128
bringing people into like,

00:02:29.229 --> 00:02:30.990
turn it into a little mini

00:02:31.050 --> 00:02:33.951
business university for PTOTSOP.

00:02:34.611 --> 00:02:35.532
I don't know what we're going to do,

00:02:35.992 --> 00:02:37.813
but you guys will hear it

00:02:37.973 --> 00:02:39.435
as it develops live.

00:02:40.344 --> 00:02:41.406
Meritato University.

00:02:41.425 --> 00:02:43.868
I was going to say Dean Tony.

00:02:44.370 --> 00:02:45.771
T-U, Tony U.

00:02:46.444 --> 00:02:47.865
Learn from all my mistakes.

00:02:47.944 --> 00:02:49.286
I've got millions of them.

00:02:49.325 --> 00:02:51.847
But that's all a university is.

00:02:52.266 --> 00:02:54.926
I know they have pomp and circumstance,

00:02:55.048 --> 00:02:56.907
but when they say built on

00:02:56.927 --> 00:02:57.907
the shoulder of giants,

00:02:57.987 --> 00:02:58.829
it's built on the shoulder

00:02:58.868 --> 00:03:00.068
of giant mistakes.

00:03:00.489 --> 00:03:03.930
Wet t-shirt contest,

00:03:04.009 --> 00:03:05.350
like pitchers of beer.

00:03:05.890 --> 00:03:07.550
That's what the university was.

00:03:07.591 --> 00:03:08.812
That's what I remember.

00:03:09.151 --> 00:03:10.111
Started a fraternity.

00:03:12.477 --> 00:03:14.399
I was going to say with a potential tenant,

00:03:15.718 --> 00:03:16.900
I used to follow Grant Cardone.

00:03:16.960 --> 00:03:17.580
I don't anymore,

00:03:17.640 --> 00:03:19.342
but he's got some funny quotes.

00:03:19.461 --> 00:03:21.122
And one of his quotes is,

00:03:22.022 --> 00:03:23.063
who's got my money?

00:03:23.824 --> 00:03:26.366
So there's tenants nearby, Tony.

00:03:26.786 --> 00:03:28.046
You jokingly can kind of

00:03:28.086 --> 00:03:30.348
consider your area, look around.

00:03:31.049 --> 00:03:32.008
I feel like there's got to

00:03:32.049 --> 00:03:33.110
be someone that would want

00:03:33.169 --> 00:03:34.431
that space in your area

00:03:34.531 --> 00:03:36.352
that would pay the same

00:03:36.412 --> 00:03:37.812
dollar amount or you could

00:03:37.853 --> 00:03:39.193
bump it up a bit or whatever.

00:03:39.873 --> 00:03:41.034
Or maybe you give them some

00:03:41.094 --> 00:03:41.854
rent reduction for the

00:03:41.895 --> 00:03:43.856
first month or two or the

00:03:43.877 --> 00:03:45.056
first six months or whatever,

00:03:45.437 --> 00:03:47.198
or some period to lock somebody in.

00:03:47.739 --> 00:03:48.998
But there's got to be some

00:03:49.080 --> 00:03:50.400
healthcare provider nearby

00:03:50.941 --> 00:03:52.882
that is looking to ramp up.

00:03:53.581 --> 00:03:55.122
So that's one of the things

00:03:55.143 --> 00:03:56.524
we've brainstormed with the

00:03:56.584 --> 00:03:57.663
commercial realtor.

00:03:58.664 --> 00:04:00.286
We have kind of a unique situation.

00:04:00.325 --> 00:04:01.907
So we have two opposing

00:04:01.947 --> 00:04:03.288
hospitals on opposite

00:04:03.328 --> 00:04:04.328
corners of each other.

00:04:04.348 --> 00:04:05.308
It's almost like there used

00:04:05.329 --> 00:04:06.969
to be Walgreens and CVS

00:04:06.990 --> 00:04:08.270
across the street everywhere.

00:04:08.991 --> 00:04:10.572
These are two opposing hospitals.

00:04:10.752 --> 00:04:11.951
One hospital has a huge

00:04:11.991 --> 00:04:13.212
footprint in the area.

00:04:13.233 --> 00:04:14.413
They've been here since

00:04:15.453 --> 00:04:16.774
before I came around.

00:04:17.194 --> 00:04:18.754
The other guys just came in.

00:04:18.795 --> 00:04:20.836
They bought a section right off the exit.

00:04:20.956 --> 00:04:22.375
It's an emergency room.

00:04:22.396 --> 00:04:23.817
They have physician offices.

00:04:24.336 --> 00:04:25.057
But they're all full.

00:04:25.497 --> 00:04:26.978
They don't have a place for PT.

00:04:26.997 --> 00:04:27.898
They don't have a place for

00:04:28.038 --> 00:04:28.918
other services.

00:04:29.519 --> 00:04:31.079
And from what I understand,

00:04:31.119 --> 00:04:32.379
the construction costs

00:04:32.439 --> 00:04:34.141
right now are through the roof.

00:04:34.221 --> 00:04:36.380
It is so hard to even get a

00:04:36.461 --> 00:04:37.322
building built.

00:04:38.223 --> 00:04:39.223
They can come in,

00:04:39.983 --> 00:04:40.805
and this is what I was saying,

00:04:40.824 --> 00:04:41.745
a bigger footprint.

00:04:42.165 --> 00:04:43.107
They can come in and take my

00:04:43.146 --> 00:04:43.927
entire building.

00:04:43.968 --> 00:04:45.689
It's almost eleven thousand square feet,

00:04:45.749 --> 00:04:46.470
two floors.

00:04:46.529 --> 00:04:48.331
It was a spine center initially.

00:04:48.411 --> 00:04:50.572
So it's built for a medical

00:04:50.632 --> 00:04:52.355
center and just, man,

00:04:52.375 --> 00:04:53.755
just be my tenant for the

00:04:53.795 --> 00:04:54.877
next fifteen years.

00:04:54.896 --> 00:04:57.358
Like the other hospital

00:04:57.418 --> 00:04:58.779
rented seventy five percent

00:04:58.800 --> 00:05:00.180
of my building for five years.

00:05:00.261 --> 00:05:01.843
It was an amazing experience.

00:05:01.923 --> 00:05:03.324
I love hospital tenants.

00:05:03.843 --> 00:05:05.425
So I would like to and

00:05:05.446 --> 00:05:06.627
that's what we're going to try for.

00:05:07.286 --> 00:05:08.468
Get somebody who wants a

00:05:08.528 --> 00:05:10.088
footprint in this area to

00:05:10.108 --> 00:05:11.569
come in and just take the whole building.

00:05:11.629 --> 00:05:12.670
There's also a massage

00:05:12.709 --> 00:05:14.870
therapy school who is

00:05:14.971 --> 00:05:16.672
looking to come into the area.

00:05:17.651 --> 00:05:18.673
I wish I would have owned a

00:05:18.692 --> 00:05:21.213
massage therapy business school,

00:05:21.853 --> 00:05:22.834
but if I can't own it,

00:05:23.134 --> 00:05:24.755
maybe I can lease my space to them.

00:05:25.036 --> 00:05:27.057
Yeah, there's tons of opportunities.

00:05:27.276 --> 00:05:28.516
Be the Ray Kroc, right?

00:05:28.557 --> 00:05:29.697
Why own the business when

00:05:29.718 --> 00:05:30.718
you could own the ground

00:05:30.858 --> 00:05:31.959
the business is built on?

00:05:31.978 --> 00:05:32.319
I mean, right?

00:05:32.338 --> 00:05:32.740
Heck yeah.

00:05:32.839 --> 00:05:33.480
Real estate game.

00:05:34.689 --> 00:05:35.531
So Scott's here.

00:05:35.591 --> 00:05:36.350
Bo's here.

00:05:37.451 --> 00:05:38.293
We've got a lot of stuff

00:05:38.333 --> 00:05:39.173
that we can talk about.

00:05:39.194 --> 00:05:40.254
Where do you guys want to start?

00:05:40.875 --> 00:05:42.396
I would like to start on April first,

00:05:42.596 --> 00:05:43.656
which is two days ago.

00:05:44.218 --> 00:05:47.300
And we had we had talked on April first.

00:05:48.141 --> 00:05:48.982
Was that April first?

00:05:49.281 --> 00:05:51.524
Like April Fool's Day jokes.

00:05:51.983 --> 00:05:52.665
And this is me.

00:05:52.985 --> 00:05:54.125
I think I come off a little

00:05:54.165 --> 00:05:55.887
bit more risky or like, you know,

00:05:56.267 --> 00:05:57.348
communication adverse,

00:05:57.389 --> 00:05:58.589
like grip it and rip it.

00:05:59.826 --> 00:06:00.827
When it comes to April

00:06:00.867 --> 00:06:02.369
Fool's Day and your business,

00:06:02.629 --> 00:06:04.069
I'm actually the opposite.

00:06:04.649 --> 00:06:05.430
And here's why.

00:06:06.370 --> 00:06:07.911
It's either gonna go really,

00:06:08.132 --> 00:06:09.033
you got a one percent

00:06:09.052 --> 00:06:11.035
chance of it's going really, really well.

00:06:12.189 --> 00:06:14.011
a ninety eight percent

00:06:14.151 --> 00:06:15.552
chance or a ninety eight

00:06:15.572 --> 00:06:16.473
percent chance of it just

00:06:16.713 --> 00:06:18.774
like completely blowing up in your face.

00:06:19.274 --> 00:06:20.355
Another one percent chance

00:06:20.396 --> 00:06:21.375
of it just falling flat.

00:06:21.516 --> 00:06:23.437
Like it's you have to hit

00:06:23.577 --> 00:06:24.838
such a specific moving

00:06:24.899 --> 00:06:27.000
target to take a chance

00:06:27.019 --> 00:06:27.860
because everybody's trying

00:06:27.880 --> 00:06:29.762
to like fool everybody.

00:06:29.841 --> 00:06:31.103
And I'm like, it's twenty twenty five.

00:06:31.463 --> 00:06:32.223
This was possible.

00:06:32.302 --> 00:06:33.845
I gave a few examples on the

00:06:33.865 --> 00:06:35.526
live stream on Tuesday of

00:06:35.545 --> 00:06:36.927
like things we did in radio

00:06:37.266 --> 00:06:38.047
back in the day.

00:06:38.107 --> 00:06:40.009
Kids before the interwebs,

00:06:40.069 --> 00:06:40.889
it was easier to fool

00:06:40.928 --> 00:06:42.029
people because there's a fact check.

00:06:42.449 --> 00:06:42.730
Right.

00:06:42.790 --> 00:06:45.392
Like and like you got fooled

00:06:45.452 --> 00:06:46.774
and you told six people,

00:06:46.913 --> 00:06:47.774
watch out for that.

00:06:48.095 --> 00:06:49.055
And the other six thousand

00:06:49.076 --> 00:06:50.557
people in your life, you couldn't tell.

00:06:51.358 --> 00:06:52.939
So here's what happened.

00:06:53.059 --> 00:06:55.360
And like people are getting fired,

00:06:55.480 --> 00:06:56.442
like people have to be

00:06:56.461 --> 00:06:58.124
getting fired from these organizations.

00:06:58.723 --> 00:07:00.024
So which was first?

00:07:00.144 --> 00:07:00.766
Oh, is this one?

00:07:01.125 --> 00:07:02.607
OK, so Sword Health.

00:07:03.348 --> 00:07:04.827
goes on LinkedIn,

00:07:05.408 --> 00:07:07.928
not really a Chuckles platform, but hey,

00:07:07.988 --> 00:07:08.749
Tony and I are trying to

00:07:08.788 --> 00:07:10.269
make it more of a Chuckles platform,

00:07:10.329 --> 00:07:10.449
right?

00:07:10.470 --> 00:07:11.089
We're trying to get a little

00:07:11.129 --> 00:07:12.589
more levity on LinkedIn.

00:07:13.189 --> 00:07:14.930
Sword Health goes old school,

00:07:15.011 --> 00:07:16.110
guy with girlfriend looking

00:07:16.170 --> 00:07:17.891
over the shoulder meme and

00:07:17.930 --> 00:07:18.771
does competitor,

00:07:18.812 --> 00:07:20.812
he's dating high quality care,

00:07:20.831 --> 00:07:21.612
but he's looking over his

00:07:21.632 --> 00:07:22.992
shoulder at non-clinical coaches.

00:07:23.333 --> 00:07:25.492
So for those kids playing along at home,

00:07:25.952 --> 00:07:29.293
Sword and Hinge are Walgreens and CVS.

00:07:29.473 --> 00:07:30.093
Are they not?

00:07:30.173 --> 00:07:31.595
Like, am I missing something?

00:07:31.735 --> 00:07:32.795
Or maybe in the nuance,

00:07:32.815 --> 00:07:34.036
I'm sure if I invited the

00:07:34.076 --> 00:07:35.836
CEO of Hinge on the show,

00:07:35.877 --> 00:07:36.877
he has not yet responded.

00:07:38.238 --> 00:07:39.519
But they are taking shots at

00:07:39.579 --> 00:07:41.980
each other on social media with memes.

00:07:42.401 --> 00:07:44.862
And they're sort of like the same thing.

00:07:44.922 --> 00:07:48.043
Maybe Coke and Pepsi, like Miller Lite,

00:07:48.144 --> 00:07:49.764
weird great taste and less filling.

00:07:49.925 --> 00:07:50.384
I don't know.

00:07:50.425 --> 00:07:51.745
Like to me, from the outside,

00:07:51.786 --> 00:07:53.687
these two organizations look very similar,

00:07:54.206 --> 00:07:54.427
right?

00:07:54.447 --> 00:07:55.247
So Sword Health,

00:07:55.468 --> 00:07:57.209
shots fired on April first.

00:07:58.509 --> 00:07:59.591
But then... Okay, go ahead.

00:08:00.394 --> 00:08:01.154
This will be the timeline.

00:08:01.735 --> 00:08:03.238
All right, so that screenshot,

00:08:03.278 --> 00:08:04.661
that sword health making

00:08:04.701 --> 00:08:05.444
fun of hinge health,

00:08:05.524 --> 00:08:06.204
I thought it looked like

00:08:06.406 --> 00:08:07.067
they made it for them.

00:08:08.009 --> 00:08:08.850
They're throwing shade.

00:08:08.889 --> 00:08:09.211
Yeah, which...

00:08:11.627 --> 00:08:12.468
You guys probably would have

00:08:12.488 --> 00:08:13.670
thought that I created this meme.

00:08:13.810 --> 00:08:14.591
I don't create memes,

00:08:14.690 --> 00:08:17.834
but I basically have said

00:08:17.913 --> 00:08:19.315
verbally this type of meme

00:08:19.415 --> 00:08:20.776
for both of these companies, though.

00:08:20.896 --> 00:08:21.377
Look, look, look.

00:08:21.617 --> 00:08:23.360
This is someone.

00:08:23.680 --> 00:08:24.560
This is me coming from my

00:08:24.581 --> 00:08:25.581
communications background.

00:08:25.982 --> 00:08:29.966
Someone who makes multiple six figures.

00:08:30.607 --> 00:08:31.788
Eventually, this got to them,

00:08:31.947 --> 00:08:33.509
and they thought this was a good idea.

00:08:34.210 --> 00:08:35.751
For a multi-million dollar

00:08:35.991 --> 00:08:37.313
healthcare organization.

00:08:37.514 --> 00:08:38.335
I don't think that social

00:08:38.355 --> 00:08:39.657
media post went too high up

00:08:39.716 --> 00:08:40.937
in terms of getting approval.

00:08:41.298 --> 00:08:41.438
Well,

00:08:41.958 --> 00:08:43.221
then everybody that it should have

00:08:43.260 --> 00:08:43.681
gone through,

00:08:44.201 --> 00:08:45.243
they got fired or they

00:08:45.263 --> 00:08:46.124
should be getting fired.

00:08:46.163 --> 00:08:47.725
Like this is a bad move.

00:08:47.745 --> 00:08:48.427
And here's why.

00:08:49.128 --> 00:08:50.009
I'll give you the radio

00:08:50.048 --> 00:08:51.230
parallel because that's all I know,

00:08:51.289 --> 00:08:51.509
right?

00:08:51.831 --> 00:08:53.091
You don't get beat by the

00:08:53.131 --> 00:08:54.153
songs you don't play.

00:08:55.116 --> 00:08:56.278
You don't get beat by the

00:08:56.318 --> 00:08:57.379
jokes you don't tell.

00:08:57.440 --> 00:08:58.380
You don't get beat by the

00:08:58.441 --> 00:08:59.522
risks you don't take.

00:08:59.743 --> 00:09:01.465
Here, in this situation, in comms,

00:09:01.725 --> 00:09:02.145
you don't.

00:09:02.446 --> 00:09:03.827
This was a bad move.

00:09:04.467 --> 00:09:06.410
But wait, it gets better.

00:09:06.951 --> 00:09:09.715
Because the CEO for the

00:09:09.835 --> 00:09:11.116
other organization that

00:09:11.136 --> 00:09:12.719
they were throwing shade at, Hinge,

00:09:13.278 --> 00:09:14.179
came back.

00:09:14.961 --> 00:09:17.201
never answer like what are

00:09:18.903 --> 00:09:20.124
you teaching the read it

00:09:20.203 --> 00:09:22.205
read it let's let's go so

00:09:22.284 --> 00:09:24.145
this is daniel perez ceo

00:09:24.346 --> 00:09:25.687
and founder at hinge he's

00:09:25.706 --> 00:09:27.027
like when competitors act

00:09:27.206 --> 00:09:28.087
out it's often because

00:09:28.128 --> 00:09:30.428
they're losing never punch

00:09:30.469 --> 00:09:32.750
down like if this this was

00:09:32.789 --> 00:09:33.990
a this was a um

00:09:35.235 --> 00:09:36.976
this was a D minus,

00:09:37.418 --> 00:09:39.798
this is an F like D minus.

00:09:39.839 --> 00:09:41.360
Like if you're sword and you're,

00:09:41.541 --> 00:09:42.981
and you are behind, I don't even know.

00:09:43.001 --> 00:09:43.741
I'm not keeping score.

00:09:43.761 --> 00:09:44.743
I don't know what metrics

00:09:45.003 --> 00:09:45.724
we're looking at here.

00:09:46.283 --> 00:09:48.306
You punch up, you try to get,

00:09:48.365 --> 00:09:48.985
if you're Pepsi,

00:09:49.005 --> 00:09:50.726
you try to get Coke to take the bait.

00:09:51.028 --> 00:09:51.288
Right.

00:09:51.868 --> 00:09:53.269
And then they took the bait

00:09:53.448 --> 00:09:54.769
if they're ahead and Perez

00:09:54.789 --> 00:09:56.331
comes back and he essentially is like,

00:09:56.912 --> 00:09:58.192
okay, when competitors act out,

00:09:58.212 --> 00:09:59.533
it's often because they're losing.

00:09:59.974 --> 00:10:01.414
And then he goes on a diatribe of like,

00:10:01.634 --> 00:10:03.076
here's why we're great at hinge health.

00:10:03.777 --> 00:10:04.798
The last point matters.

00:10:04.837 --> 00:10:06.499
Healthcare is a trust business, blah, blah,

00:10:06.519 --> 00:10:06.938
blah, blah, blah.

00:10:07.198 --> 00:10:08.840
This is a statement most

00:10:08.860 --> 00:10:10.061
likely written by AI and

00:10:10.081 --> 00:10:11.561
then massaged by a comms professional.

00:10:11.782 --> 00:10:13.022
If we're keeping score at home,

00:10:13.523 --> 00:10:14.623
here's the other thing too.

00:10:15.464 --> 00:10:17.585
And it, you can never prove it,

00:10:17.764 --> 00:10:18.966
but all the comments below

00:10:19.005 --> 00:10:21.366
this post from other hinge employees are,

00:10:23.068 --> 00:10:24.250
This post went out and then

00:10:24.269 --> 00:10:25.370
a Slack message went out to

00:10:25.410 --> 00:10:26.652
everybody that said, jump on it.

00:10:26.892 --> 00:10:27.893
Go comment, go comment.

00:10:27.913 --> 00:10:28.354
Go comment.

00:10:28.634 --> 00:10:30.436
Everybody dog pile in a good way.

00:10:30.615 --> 00:10:31.496
I can never prove it,

00:10:31.917 --> 00:10:32.758
but I don't have to because

00:10:32.778 --> 00:10:33.577
I run a podcast.

00:10:33.639 --> 00:10:34.298
So it doesn't matter.

00:10:34.418 --> 00:10:35.279
But that's what happened.

00:10:35.419 --> 00:10:35.759
Trust me.

00:10:36.120 --> 00:10:37.782
CEO put out a message and everybody said,

00:10:38.082 --> 00:10:38.743
jump on it.

00:10:38.982 --> 00:10:40.424
And everybody started getting the feels,

00:10:40.784 --> 00:10:41.044
right?

00:10:41.946 --> 00:10:43.267
So you figure it would be done.

00:10:43.607 --> 00:10:46.029
Two crappy mistakes in one

00:10:46.070 --> 00:10:47.530
day separated by a few hours.

00:10:47.571 --> 00:10:48.331
Wait, there's more?

00:10:50.677 --> 00:10:51.677
We were in a chat.

00:10:51.697 --> 00:10:52.937
I was like, oh my God.

00:10:53.236 --> 00:10:55.038
And that's why I've got to say,

00:10:55.057 --> 00:10:56.857
I'm going to say her name

00:10:56.878 --> 00:10:57.837
because I didn't even know

00:10:57.898 --> 00:11:01.399
this was going on until Marla,

00:11:01.918 --> 00:11:03.399
is it Ranieri?

00:11:05.120 --> 00:11:05.960
She was the one who dropped

00:11:05.980 --> 00:11:06.779
in our DMs and was like,

00:11:06.840 --> 00:11:07.960
are you guys watching this?

00:11:08.019 --> 00:11:08.980
And I was like, Marla,

00:11:09.100 --> 00:11:10.220
I had no idea that this was

00:11:10.259 --> 00:11:12.541
going on in public because no, no, Dave,

00:11:12.740 --> 00:11:13.681
we're not done there.

00:11:14.120 --> 00:11:15.721
We get even dumber because

00:11:15.760 --> 00:11:16.961
the first person who shots

00:11:16.981 --> 00:11:18.802
fired doubled down on me.

00:11:18.942 --> 00:11:19.022
Yeah.

00:11:20.495 --> 00:11:20.794
Hold on.

00:11:20.835 --> 00:11:21.936
I got to get a better picture of that.

00:11:21.956 --> 00:11:22.177
Hang on.

00:11:22.636 --> 00:11:23.638
Let me get a different

00:11:23.658 --> 00:11:24.239
version of that because I

00:11:24.259 --> 00:11:25.919
got to edit the screenshot.

00:11:25.940 --> 00:11:28.081
But yes, they doubled down on the memes.

00:11:28.481 --> 00:11:31.225
They went with the wrong one.

00:11:31.784 --> 00:11:32.927
And I'm showing my age here.

00:11:33.086 --> 00:11:34.028
This is Drake.

00:11:35.028 --> 00:11:36.068
Doing the over-the-shoulder

00:11:37.129 --> 00:11:38.149
hand in the face and then

00:11:38.169 --> 00:11:39.830
the gotcha meme gets

00:11:39.889 --> 00:11:41.010
offended by an April Fool's

00:11:41.030 --> 00:11:42.051
post mentioning one of our

00:11:42.091 --> 00:11:42.931
competitors using

00:11:42.990 --> 00:11:43.831
non-clinical coaches

00:11:43.870 --> 00:11:45.091
instead of licensed clinicians.

00:11:45.131 --> 00:11:45.851
And he's like, all right,

00:11:46.331 --> 00:11:48.013
actually uses non-clinical

00:11:48.052 --> 00:11:49.153
coaches instead of licensed.

00:11:50.452 --> 00:11:51.614
You're mad at me calling you

00:11:51.693 --> 00:11:52.974
out for the thing that we're both doing.

00:11:54.758 --> 00:11:55.658
And then someone pointed out,

00:11:55.677 --> 00:11:56.578
this is Drake.

00:11:56.859 --> 00:11:57.979
Who was the guy in the Super Bowl?

00:11:58.259 --> 00:11:58.938
This is what I'm showing.

00:11:59.019 --> 00:11:59.719
Who was the guy who like?

00:12:00.279 --> 00:12:01.799
Kendrick Lamar.

00:12:02.139 --> 00:12:03.200
You used the wrong guy.

00:12:03.240 --> 00:12:04.341
Kendrick Lamar won.

00:12:05.280 --> 00:12:07.000
You used the Pepsi again.

00:12:07.041 --> 00:12:08.361
Look at Jimmy going like

00:12:08.481 --> 00:12:09.881
meta with putting all these

00:12:09.922 --> 00:12:10.741
pieces together, Tony.

00:12:10.763 --> 00:12:11.182
I love it.

00:12:11.442 --> 00:12:14.844
You used the second place guy.

00:12:14.903 --> 00:12:15.823
What are you doing?

00:12:16.183 --> 00:12:17.644
So yeah, so that's where I'm like,

00:12:18.044 --> 00:12:18.904
that's where I know this

00:12:18.924 --> 00:12:19.965
had to be approved because

00:12:20.005 --> 00:12:21.505
they did it again.

00:12:22.046 --> 00:12:24.106
Like once was bad, twice as much.

00:12:24.287 --> 00:12:25.807
So like, all right,

00:12:25.827 --> 00:12:26.827
this is comms at like a

00:12:27.427 --> 00:12:28.889
million dollar company level.

00:12:29.389 --> 00:12:31.190
People doing it, in my opinion,

00:12:31.210 --> 00:12:32.710
and it's all subjective, poorly.

00:12:33.051 --> 00:12:33.451
But hey, look,

00:12:33.471 --> 00:12:34.591
they got some attention out of it.

00:12:35.051 --> 00:12:36.451
No attention is bad attention, right?

00:12:38.432 --> 00:12:38.732
It is.

00:12:38.753 --> 00:12:39.214
So it's good.

00:12:41.535 --> 00:12:42.635
Moral of the story is the

00:12:42.716 --> 00:12:44.857
April Fool's post should be

00:12:44.957 --> 00:12:47.200
funny only and not negative, right?

00:12:47.220 --> 00:12:48.221
They shouldn't be attacking.

00:12:48.681 --> 00:12:49.201
Oh, yeah.

00:12:49.221 --> 00:12:50.221
This came out of left field

00:12:50.442 --> 00:12:51.482
to attack a competitor, no?

00:12:51.663 --> 00:12:53.664
Listen, I figured this out in high school,

00:12:53.825 --> 00:12:54.085
right?

00:12:54.225 --> 00:12:55.326
I wanted to be funny.

00:12:55.505 --> 00:12:57.268
What I realized was I wasn't that funny.

00:12:57.307 --> 00:12:57.927
I was fun.

00:12:58.067 --> 00:12:58.769
And there's a difference.

00:12:58.828 --> 00:12:59.649
That's a different topic.

00:13:00.370 --> 00:13:01.350
If you ever want to make

00:13:01.409 --> 00:13:02.471
someone and make fun of

00:13:02.490 --> 00:13:03.010
someone and you're in a

00:13:03.030 --> 00:13:04.350
room full of twenty people, you know,

00:13:04.370 --> 00:13:06.631
the best person to make fun of yourself,

00:13:07.111 --> 00:13:08.991
self-deprecation, self-deprecation.

00:13:09.272 --> 00:13:10.212
And both of these people

00:13:10.452 --> 00:13:12.533
decided to prove how they

00:13:12.552 --> 00:13:13.693
were taking the moral high

00:13:13.734 --> 00:13:16.333
ground to like they beat

00:13:16.354 --> 00:13:17.134
their chest so hard.

00:13:17.195 --> 00:13:18.414
So like, yeah, dangerous.

00:13:18.534 --> 00:13:18.914
Yes.

00:13:19.375 --> 00:13:21.855
Who who who lost worst?

00:13:23.296 --> 00:13:25.397
I would say it was Hinge.

00:13:26.390 --> 00:13:27.250
Because if they're leading,

00:13:27.711 --> 00:13:29.293
you just acknowledge the

00:13:29.332 --> 00:13:29.913
fact that there's a

00:13:29.952 --> 00:13:32.394
competitor with a D minus

00:13:32.433 --> 00:13:34.355
going to sword with the two

00:13:34.375 --> 00:13:35.216
different crappy memes.

00:13:35.395 --> 00:13:38.136
So this was gold for me for

00:13:38.177 --> 00:13:38.937
about twenty minutes.

00:13:39.217 --> 00:13:40.278
But I will have either of

00:13:40.298 --> 00:13:42.298
these CEOs or VPs of comms

00:13:42.318 --> 00:13:44.100
or anybody come on the show

00:13:44.200 --> 00:13:45.380
and tell me why I'm wrong

00:13:45.400 --> 00:13:46.581
and this was actually good ideas.

00:13:46.662 --> 00:13:46.922
I don't know.

00:13:48.812 --> 00:13:51.193
Yeah, I mean, I didn't see any other.

00:13:51.754 --> 00:13:54.176
There was one, Angie from Apex,

00:13:54.196 --> 00:13:55.397
they put a thing out saying

00:13:55.417 --> 00:13:56.138
that they were going to

00:13:56.378 --> 00:13:59.581
stop doing musculoskeletal ultrasound.

00:14:00.981 --> 00:14:03.524
Usually, didn't APTA,

00:14:03.543 --> 00:14:06.046
and I don't even know, like this is,

00:14:06.145 --> 00:14:07.486
I think, just as bad.

00:14:07.667 --> 00:14:08.888
I don't even know if it ever

00:14:08.947 --> 00:14:09.668
was confirmed.

00:14:09.828 --> 00:14:11.690
Was it an April Fool's or not?

00:14:12.330 --> 00:14:13.831
Like APTA had shared

00:14:13.892 --> 00:14:14.831
something a couple of years

00:14:14.871 --> 00:14:16.192
ago on April Fool's Day,

00:14:17.053 --> 00:14:18.875
and people were like this

00:14:18.916 --> 00:14:20.118
has got to be a joke is

00:14:20.138 --> 00:14:21.318
this a joke is this an

00:14:21.379 --> 00:14:23.201
april fools are you you you

00:14:23.221 --> 00:14:25.043
know teasing us and I don't

00:14:25.062 --> 00:14:26.544
even remember what it was

00:14:26.565 --> 00:14:28.166
it was some sponsor like

00:14:28.225 --> 00:14:31.009
business that was coming in paying apta

00:14:32.028 --> 00:14:32.989
It was crazy stuff.

00:14:33.109 --> 00:14:35.711
I think there's more to be

00:14:35.770 --> 00:14:37.292
lost than to be gained.

00:14:37.772 --> 00:14:39.613
That's a better way of saying it.

00:14:39.633 --> 00:14:41.474
There's a bigger, bigger chance of losing.

00:14:41.794 --> 00:14:42.355
Here's the thing.

00:14:42.455 --> 00:14:42.995
In comms,

00:14:43.515 --> 00:14:45.076
if you have a press release or a

00:14:45.157 --> 00:14:45.956
story you need to share,

00:14:46.057 --> 00:14:47.979
unless it's a house fire

00:14:48.019 --> 00:14:49.379
that is happening right now,

00:14:49.840 --> 00:14:51.600
do it the day before or the day after.

00:14:51.640 --> 00:14:52.481
Do it on April second.

00:14:52.682 --> 00:14:53.643
Don't do it on April first.

00:14:53.883 --> 00:14:54.702
Get out of the way.

00:14:54.822 --> 00:14:55.423
Or if you actually have

00:14:55.443 --> 00:14:56.684
something really funny and twisted,

00:14:57.164 --> 00:14:58.846
like a twist, like something to play with,

00:14:59.265 --> 00:15:00.126
do it on a different day

00:15:00.167 --> 00:15:03.089
when not everybody is doing that.

00:15:03.308 --> 00:15:04.750
The funniest post that I see

00:15:04.769 --> 00:15:07.611
that comes up every year is April first,

00:15:07.892 --> 00:15:08.932
the only day of the year

00:15:08.952 --> 00:15:10.494
when people actually read

00:15:10.754 --> 00:15:11.455
and review things

00:15:11.534 --> 00:15:12.655
critically that they find

00:15:12.696 --> 00:15:13.196
on the internet.

00:15:13.456 --> 00:15:14.517
That is the most accurate

00:15:14.616 --> 00:15:15.538
statement because

00:15:15.677 --> 00:15:17.359
everybody's break checking on April.

00:15:17.379 --> 00:15:18.559
But hang on, I'm not going to fall for,

00:15:18.600 --> 00:15:19.821
hang on, I'm not going to fall for this.

00:15:20.061 --> 00:15:20.221
Right.

00:15:20.841 --> 00:15:21.701
The next day and the other

00:15:21.922 --> 00:15:22.863
three hundred and sixty four,

00:15:23.243 --> 00:15:24.583
we sort of believe it at face value.

00:15:26.316 --> 00:15:27.596
There was one social media post,

00:15:27.616 --> 00:15:28.477
and then we can move on,

00:15:28.498 --> 00:15:29.418
but there was one social

00:15:29.438 --> 00:15:30.299
media post that caught my

00:15:30.320 --> 00:15:31.740
attention that was kind of funny,

00:15:32.160 --> 00:15:33.663
and it was that Jeff Bezos

00:15:33.702 --> 00:15:35.004
had acquired Hooters,

00:15:35.104 --> 00:15:36.644
the chain of Hooters locations.

00:15:36.825 --> 00:15:38.326
That's not that far out of

00:15:38.366 --> 00:15:39.807
the realm of possibilities, though.

00:15:40.388 --> 00:15:41.389
Exactly, exactly.

00:15:41.469 --> 00:15:42.090
But, you know,

00:15:42.309 --> 00:15:45.072
for other reasons or whatever,

00:15:45.832 --> 00:15:46.953
someone linked that and

00:15:47.033 --> 00:15:47.815
made that a thing.

00:15:48.700 --> 00:15:50.821
Now, did Hooters end up going bankrupt,

00:15:50.860 --> 00:15:51.041
though?

00:15:51.061 --> 00:15:52.620
I think that's why I was saying that,

00:15:52.681 --> 00:15:53.221
yeah.

00:15:53.321 --> 00:15:53.821
I think so.

00:15:54.181 --> 00:15:55.961
Okay, same thing, because I see it,

00:15:55.981 --> 00:15:57.322
and I'm like, is this for real?

00:15:57.361 --> 00:15:58.302
That was a while ago, though.

00:15:58.361 --> 00:15:59.283
I saw that a while ago.

00:15:59.322 --> 00:16:00.503
They were talking about how

00:16:00.543 --> 00:16:01.802
they're – because them and

00:16:01.863 --> 00:16:03.062
Red Lobster are even longer.

00:16:03.244 --> 00:16:04.504
Somebody bought Red Lobster, though,

00:16:04.543 --> 00:16:05.423
on a big loan.

00:16:05.464 --> 00:16:06.563
Yeah, yeah, they did.

00:16:06.703 --> 00:16:07.104
They did.

00:16:07.945 --> 00:16:08.184
All right,

00:16:08.205 --> 00:16:11.345
what do we got next on the agenda?

00:16:11.424 --> 00:16:12.966
How about that screenshot I

00:16:13.005 --> 00:16:15.686
sent you guys about the

00:16:15.907 --> 00:16:16.966
luxury personal training?

00:16:17.407 --> 00:16:17.626
Yeah.

00:16:18.403 --> 00:16:19.124
I'll get that.

00:16:19.144 --> 00:16:19.684
I'll let you.

00:16:19.705 --> 00:16:20.884
Yeah, I'll get up on screen.

00:16:20.924 --> 00:16:22.025
You start talking about it, Dave.

00:16:22.166 --> 00:16:22.346
Yeah.

00:16:22.405 --> 00:16:24.206
So I shared a post yesterday.

00:16:24.225 --> 00:16:24.866
I think it was,

00:16:24.907 --> 00:16:26.287
this is not my thing about it again,

00:16:26.326 --> 00:16:27.768
probably triggered by, you know,

00:16:27.888 --> 00:16:28.947
I lose a big tenant.

00:16:29.028 --> 00:16:30.649
Now I need to make up the revenue.

00:16:30.668 --> 00:16:32.570
Where's it going to come from?

00:16:32.769 --> 00:16:34.750
Also based on conversations.

00:16:35.110 --> 00:16:36.932
for the viewing audience my

00:16:36.993 --> 00:16:38.013
wife came back into the

00:16:38.033 --> 00:16:39.554
clinic she's this is her

00:16:39.595 --> 00:16:41.216
second week back in after

00:16:41.255 --> 00:16:42.777
seventeen years now she's

00:16:42.797 --> 00:16:43.857
been behind the scenes

00:16:43.918 --> 00:16:45.619
doing payroll and and other

00:16:45.658 --> 00:16:47.259
things but she hasn't been

00:16:47.279 --> 00:16:48.721
a therapist in the clinic

00:16:49.162 --> 00:16:50.462
and she came back as really

00:16:50.523 --> 00:16:52.384
running the front desk and

00:16:52.443 --> 00:16:53.865
so she's realizing she's

00:16:53.885 --> 00:16:54.985
like wait a minute you know

00:16:55.025 --> 00:16:56.947
when I left what felt like

00:16:56.967 --> 00:16:59.070
yesterday it was everything was on paper

00:16:59.730 --> 00:17:00.791
New client would come in.

00:17:01.230 --> 00:17:02.451
We'd take a photocopy of

00:17:02.471 --> 00:17:03.331
their insurance card.

00:17:03.351 --> 00:17:04.712
We take a photocopy of this,

00:17:04.752 --> 00:17:05.292
that and the other.

00:17:05.313 --> 00:17:06.032
Everything was done.

00:17:06.153 --> 00:17:09.755
Now it's like manual hunt and peck.

00:17:09.775 --> 00:17:11.756
You know, OK, I got to put in their name.

00:17:11.796 --> 00:17:12.916
I got to put in their date of birth.

00:17:12.936 --> 00:17:13.857
I got to do all this stuff.

00:17:13.917 --> 00:17:14.897
Why is AI?

00:17:14.917 --> 00:17:16.838
Why is technology not doing this for me?

00:17:17.479 --> 00:17:17.700
Why?

00:17:17.819 --> 00:17:19.180
And you guys could tell me

00:17:19.240 --> 00:17:20.000
Jimmy might know.

00:17:21.644 --> 00:17:23.807
I don't know of a single EMR

00:17:24.027 --> 00:17:25.848
in the physical therapy space.

00:17:25.929 --> 00:17:27.210
Guys, come at me, bro.

00:17:27.809 --> 00:17:29.171
I don't know of a single EMR

00:17:29.191 --> 00:17:30.011
in the physical therapy

00:17:30.051 --> 00:17:32.534
space where I can scan the insurance card,

00:17:32.994 --> 00:17:34.776
I can scan the driver's license,

00:17:35.155 --> 00:17:36.416
and it instantly creates

00:17:36.436 --> 00:17:37.758
the account for me.

00:17:38.838 --> 00:17:40.398
um do you guys know of that

00:17:40.479 --> 00:17:41.920
I mean we know in doctors

00:17:41.980 --> 00:17:43.539
offices dentist office like

00:17:43.579 --> 00:17:45.000
everybody everywhere else

00:17:45.039 --> 00:17:46.401
in the world this happens

00:17:46.861 --> 00:17:48.441
does it happen in pt I'm

00:17:48.500 --> 00:17:50.080
asking I've never seen it

00:17:50.101 --> 00:17:52.221
happen anywhere you have

00:17:52.241 --> 00:17:53.422
doctors where you can scan

00:17:53.442 --> 00:17:54.342
your insurance card and

00:17:54.402 --> 00:17:55.182
driver's license and it

00:17:55.221 --> 00:17:56.602
creates an emr account for

00:17:56.642 --> 00:17:57.982
you yeah it uses ocr I

00:17:58.002 --> 00:17:59.363
think that's what it is

00:17:59.423 --> 00:18:00.663
optimal character

00:18:00.742 --> 00:18:02.103
recognition turns it into

00:18:02.163 --> 00:18:04.284
text puts it straight into the emr like

00:18:05.223 --> 00:18:07.145
It just understands very

00:18:07.226 --> 00:18:09.448
simply what's the information available.

00:18:10.648 --> 00:18:14.270
Anyway, so she's coming in.

00:18:14.852 --> 00:18:16.272
Will, welcome to the show.

00:18:17.134 --> 00:18:18.273
And she's like, oh my gosh,

00:18:18.375 --> 00:18:20.615
how is anybody supposed to survive?

00:18:20.997 --> 00:18:22.116
Twenty minutes checking

00:18:22.196 --> 00:18:23.458
authorization to try and

00:18:23.478 --> 00:18:26.300
get a best guess of what

00:18:26.361 --> 00:18:27.582
reimbursement's going to be.

00:18:28.001 --> 00:18:29.002
We've got all these rules,

00:18:29.042 --> 00:18:30.104
all these regulations.

00:18:30.144 --> 00:18:31.104
We're not even touching the

00:18:31.144 --> 00:18:32.705
compliance side of it with...

00:18:33.226 --> 00:18:34.467
compliance officers and

00:18:34.507 --> 00:18:35.626
attorneys and all the other

00:18:35.666 --> 00:18:37.067
junk we're supposed to deal with.

00:18:38.008 --> 00:18:41.150
She's realizing she went into a coma.

00:18:41.509 --> 00:18:42.529
Seventeen years ago,

00:18:42.589 --> 00:18:43.431
woke up today in a

00:18:43.471 --> 00:18:44.550
completely different world.

00:18:45.310 --> 00:18:47.913
And so I shared a post real quick.

00:18:47.992 --> 00:18:48.692
I just said, hey,

00:18:49.053 --> 00:18:50.733
can you deliver a ten

00:18:50.794 --> 00:18:52.013
minute one to one

00:18:52.233 --> 00:18:55.336
experience profitably for thirty dollars?

00:18:55.635 --> 00:18:57.317
And that just came because I said, look,

00:18:57.497 --> 00:18:57.997
Medicare

00:18:58.457 --> 00:18:59.738
In an ideal world is paying

00:18:59.798 --> 00:19:01.318
about thirty dollars a unit.

00:19:02.318 --> 00:19:04.480
And if I can wipe out all of

00:19:04.519 --> 00:19:07.461
the frustration, all of the regulation,

00:19:07.761 --> 00:19:09.242
most of the documentation,

00:19:09.262 --> 00:19:09.942
there's still state

00:19:09.962 --> 00:19:10.903
guidelines I would need to

00:19:10.943 --> 00:19:12.704
follow and just say, hey,

00:19:12.765 --> 00:19:13.984
if I can build a model that

00:19:14.025 --> 00:19:15.226
delivers ten minutes face

00:19:15.246 --> 00:19:16.006
to face time with the

00:19:16.047 --> 00:19:18.188
therapist for thirty bucks profitably.

00:19:19.113 --> 00:19:20.253
Why don't I just build that?

00:19:20.653 --> 00:19:22.134
Why don't we just make this

00:19:22.173 --> 00:19:24.535
simplified down to its core component?

00:19:24.976 --> 00:19:25.496
And of course,

00:19:26.016 --> 00:19:28.537
Dave came in with the other

00:19:28.676 --> 00:19:29.577
end of the spectrum.

00:19:29.678 --> 00:19:30.978
I am not trying to deliver

00:19:31.057 --> 00:19:33.358
Dave's level of patient

00:19:33.378 --> 00:19:34.680
experience for thirty bucks.

00:19:34.839 --> 00:19:36.039
So what did you think?

00:19:36.099 --> 00:19:37.141
Where'd your mind go with it?

00:19:38.270 --> 00:19:38.891
Hold on, hold on.

00:19:38.911 --> 00:19:40.152
Before we share the luxury

00:19:40.172 --> 00:19:40.771
personal training.

00:19:40.852 --> 00:19:42.472
So yeah, so with this model,

00:19:42.952 --> 00:19:44.294
I wrote and I commented,

00:19:44.733 --> 00:19:45.413
I got a little love.

00:19:45.453 --> 00:19:46.494
I got a few likes from you

00:19:46.555 --> 00:19:48.115
and maybe Jimmy and someone

00:19:48.154 --> 00:19:48.935
else or a few others.

00:19:48.976 --> 00:19:50.836
But I mean,

00:19:50.856 --> 00:19:51.997
we kind of talked about this before.

00:19:52.457 --> 00:19:56.519
One is that is not the client, patient,

00:19:56.558 --> 00:19:58.660
consumer that I'm looking to serve.

00:19:58.740 --> 00:20:00.780
I'm not looking to have just

00:20:00.901 --> 00:20:02.701
someone come in for thirty bucks.

00:20:03.182 --> 00:20:04.863
I believe that if this was the model,

00:20:05.782 --> 00:20:06.403
everyone's paying out of

00:20:06.443 --> 00:20:07.384
pocket which is great the

00:20:07.423 --> 00:20:08.325
money hits the bank account

00:20:08.345 --> 00:20:09.365
in a couple days that is

00:20:09.404 --> 00:20:11.267
great there's no revenue

00:20:11.307 --> 00:20:12.467
cycle management there's no

00:20:12.666 --> 00:20:13.587
uh software or anything

00:20:13.607 --> 00:20:16.130
that we need for that um

00:20:16.150 --> 00:20:17.851
but the no-show cancel

00:20:17.891 --> 00:20:18.830
rates would be high I

00:20:18.851 --> 00:20:19.811
believe for people that are

00:20:19.852 --> 00:20:21.133
coming in kind of whenever

00:20:21.173 --> 00:20:23.013
they want uh I jokingly

00:20:23.054 --> 00:20:23.994
said it would be a chaotic

00:20:24.035 --> 00:20:25.335
zoo like why would you even

00:20:25.355 --> 00:20:26.276
schedule appointments if

00:20:26.316 --> 00:20:27.297
it's ten minute visits so

00:20:27.336 --> 00:20:28.497
it's like it would pro it

00:20:28.557 --> 00:20:29.278
would have to be like a

00:20:29.458 --> 00:20:30.618
like a walk-in like like

00:20:30.798 --> 00:20:31.719
some of these like urgent

00:20:31.759 --> 00:20:32.720
cares now where it's like

00:20:32.960 --> 00:20:33.840
you just walk in and

00:20:34.361 --> 00:20:34.520
You know,

00:20:34.540 --> 00:20:35.382
you don't even have a scheduled

00:20:35.402 --> 00:20:35.862
appointment.

00:20:35.922 --> 00:20:36.903
So you're going to have like

00:20:37.022 --> 00:20:38.503
times in a clinic where

00:20:38.544 --> 00:20:41.185
it's like crazy busy and the therapists,

00:20:41.445 --> 00:20:42.625
their heads are going to be spinning.

00:20:42.665 --> 00:20:43.386
They're going to have to

00:20:43.426 --> 00:20:44.607
write more notes unless

00:20:44.627 --> 00:20:45.969
you're using HippoScribe or whatever.

00:20:47.148 --> 00:20:47.670
There's just more

00:20:47.690 --> 00:20:48.789
administrative components.

00:20:49.090 --> 00:20:50.030
You're going to have to be

00:20:50.191 --> 00:20:52.472
incredible with marketing.

00:20:52.492 --> 00:20:53.153
You're going to have to run

00:20:53.173 --> 00:20:53.953
a ton of Facebook ads.

00:20:53.973 --> 00:20:55.474
You're going to have to run, you know,

00:20:55.615 --> 00:20:57.016
offers and promotions and

00:20:57.056 --> 00:20:58.277
things like that to get people in.

00:20:59.765 --> 00:21:01.984
uh to generate enough of

00:21:02.045 --> 00:21:05.105
these uh ten minute uh what

00:21:05.125 --> 00:21:06.105
is it it's ten minute ten

00:21:06.125 --> 00:21:08.227
minute slots uh you know

00:21:08.267 --> 00:21:10.166
per hour on the hour every

00:21:10.207 --> 00:21:12.247
day every week every month

00:21:12.547 --> 00:21:13.467
uh you're gonna have to get

00:21:13.567 --> 00:21:15.127
more humans to actually

00:21:15.167 --> 00:21:15.988
come into your brick and

00:21:16.028 --> 00:21:17.627
mortar office regardless of

00:21:17.907 --> 00:21:18.667
typically they're coming in

00:21:18.688 --> 00:21:19.607
for three or four units or

00:21:19.627 --> 00:21:20.628
coming in for forty five or

00:21:20.969 --> 00:21:22.068
sixty minutes or whatever

00:21:22.689 --> 00:21:23.788
and you're treating however

00:21:23.808 --> 00:21:24.868
many patients through

00:21:25.009 --> 00:21:27.650
medicare or insurance or whatever um

00:21:28.450 --> 00:21:29.510
If everyone's paying out of pocket,

00:21:29.911 --> 00:21:30.751
awesome, great.

00:21:30.872 --> 00:21:33.295
But you're actually gonna

00:21:33.315 --> 00:21:34.536
have to have more humans

00:21:34.796 --> 00:21:35.896
cross your threshold,

00:21:36.798 --> 00:21:38.539
actually get dressed, drive, park,

00:21:39.000 --> 00:21:40.161
then come into your office

00:21:40.662 --> 00:21:42.262
and come in and all that.

00:21:42.303 --> 00:21:44.885
So I think it would be a challenge.

00:21:45.625 --> 00:21:46.727
I think it could be built.

00:21:46.926 --> 00:21:47.688
I think it could be built,

00:21:47.948 --> 00:21:48.669
but it doesn't make sense

00:21:48.689 --> 00:21:50.310
when you add it up and you're like,

00:21:51.461 --> 00:21:52.083
that's like a hundred and

00:21:52.103 --> 00:21:53.084
eighty dollars per hour.

00:21:53.984 --> 00:21:55.625
I believe in most states,

00:21:55.967 --> 00:21:57.147
it's so much easier to just

00:21:57.167 --> 00:21:57.848
charge a hundred and eighty

00:21:57.868 --> 00:22:01.311
dollars and find four, five, six, seven,

00:22:01.332 --> 00:22:01.573
eight,

00:22:01.593 --> 00:22:03.213
whatever people per day on average

00:22:03.875 --> 00:22:04.955
to treat.

00:22:05.477 --> 00:22:06.718
And then it's two different

00:22:06.778 --> 00:22:07.598
patient experiences.

00:22:07.659 --> 00:22:08.319
It's two different

00:22:09.385 --> 00:22:10.326
It's two different services.

00:22:10.708 --> 00:22:11.628
Yeah.

00:22:11.648 --> 00:22:12.109
There it is.

00:22:13.571 --> 00:22:14.051
Go ahead, Jamie.

00:22:14.071 --> 00:22:14.772
I want to be in the middle.

00:22:14.792 --> 00:22:17.056
It's neither here nor there.

00:22:17.436 --> 00:22:19.019
It's a different option.

00:22:19.138 --> 00:22:19.900
It literally is like,

00:22:19.960 --> 00:22:21.422
do you want this or that?

00:22:22.150 --> 00:22:22.951
Which one fits you?

00:22:23.090 --> 00:22:25.212
Because people value different things.

00:22:25.252 --> 00:22:27.054
Some people want ninety

00:22:27.094 --> 00:22:28.815
minutes of you listening to

00:22:28.875 --> 00:22:30.856
me talk about my day and

00:22:30.876 --> 00:22:31.498
then listen and then a

00:22:31.538 --> 00:22:32.659
little bit of the rubsies

00:22:32.778 --> 00:22:33.338
and a little bit of the

00:22:33.398 --> 00:22:34.559
exercise and move on.

00:22:34.619 --> 00:22:36.000
And some people want if you

00:22:36.020 --> 00:22:37.041
can do it in fifteen minutes,

00:22:37.061 --> 00:22:38.103
I'll pay triple the price.

00:22:38.703 --> 00:22:40.484
So I think the answer is it

00:22:40.505 --> 00:22:42.626
depends on what value is

00:22:42.666 --> 00:22:44.827
being decided by the decision maker.

00:22:45.632 --> 00:22:46.893
And to Tony's point,

00:22:46.932 --> 00:22:47.894
which the first time Tony

00:22:47.933 --> 00:22:49.055
ever said it was like, oh yeah,

00:22:49.075 --> 00:22:49.535
that makes sense.

00:22:50.055 --> 00:22:51.776
Understand who the decision maker is,

00:22:51.856 --> 00:22:52.096
right?

00:22:52.136 --> 00:22:53.617
Like this is where I get to

00:22:53.637 --> 00:22:55.318
be hard on our profession by saying like,

00:22:55.798 --> 00:22:56.400
you keep saying the

00:22:56.420 --> 00:22:57.661
insurance companies are bad.

00:22:57.681 --> 00:22:58.781
I'm like the insurance companies,

00:22:59.886 --> 00:23:02.188
If nothing else, they're consistent.

00:23:02.428 --> 00:23:04.809
They don't show their hand.

00:23:04.869 --> 00:23:06.250
They plaster it on the wall.

00:23:06.289 --> 00:23:07.171
They put it in a contract.

00:23:07.191 --> 00:23:07.971
They write it down.

00:23:08.611 --> 00:23:09.551
So you have to understand

00:23:09.652 --> 00:23:10.913
what is being valued.

00:23:10.952 --> 00:23:12.713
So I agree with Dave and I

00:23:12.733 --> 00:23:13.433
agree with Tony.

00:23:13.693 --> 00:23:14.835
That's why I'm in the middle of this.

00:23:14.855 --> 00:23:16.015
No, you got to pick a side.

00:23:16.816 --> 00:23:17.195
Well, no,

00:23:17.236 --> 00:23:19.096
I don't because I think you can offer,

00:23:19.156 --> 00:23:20.417
but you could have three of

00:23:20.438 --> 00:23:21.978
these slots a day and five

00:23:21.998 --> 00:23:22.759
of the ones that Dave is

00:23:22.798 --> 00:23:23.939
talking about are vice versa.

00:23:24.038 --> 00:23:26.119
And you can change according

00:23:26.180 --> 00:23:26.921
to the demand.

00:23:27.798 --> 00:23:28.298
Now, you're right.

00:23:28.358 --> 00:23:29.380
You're absolutely right.

00:23:29.440 --> 00:23:30.779
And the thing that I love

00:23:30.819 --> 00:23:33.221
about these posts and these questions is,

00:23:33.682 --> 00:23:34.001
you know,

00:23:34.321 --> 00:23:36.163
it gives us the freedom to just

00:23:36.202 --> 00:23:38.364
think creatively, think outside the box.

00:23:38.403 --> 00:23:41.464
Like every single objection you raise,

00:23:41.525 --> 00:23:44.026
Dave, is one hundred percent accurate.

00:23:44.346 --> 00:23:45.446
But every single one of

00:23:45.487 --> 00:23:47.907
those objections has a solution to it.

00:23:48.387 --> 00:23:49.128
You know, and you're right.

00:23:49.189 --> 00:23:50.409
More bodies in the clinic.

00:23:50.429 --> 00:23:51.910
So I need a bigger clinic, more.

00:23:52.390 --> 00:23:54.290
So I need better automation.

00:23:55.152 --> 00:23:55.711
You know, again,

00:23:55.992 --> 00:23:57.433
I would default to if

00:23:57.513 --> 00:23:59.295
Planet Fitness can operate

00:24:00.095 --> 00:24:01.236
a multimillion dollar

00:24:01.276 --> 00:24:03.057
business at fifteen dollars a month.

00:24:03.136 --> 00:24:05.219
How are you telling me that I can't do it?

00:24:05.358 --> 00:24:06.859
Because no one shows up a

00:24:06.940 --> 00:24:08.461
session because no one

00:24:08.480 --> 00:24:10.182
shows up to Planet Fitness.

00:24:11.843 --> 00:24:13.023
How do we build that model?

00:24:13.284 --> 00:24:14.765
So then I say, OK,

00:24:14.904 --> 00:24:15.724
I'm going to do a thirty

00:24:15.766 --> 00:24:17.666
dollar for a one on one or

00:24:17.686 --> 00:24:19.028
I'm going to do one hundred and twenty.

00:24:19.824 --> 00:24:20.663
Come whenever you want.

00:24:20.924 --> 00:24:22.204
One hundred and twenty for the month,

00:24:22.345 --> 00:24:24.246
you know, and I'm hoping you don't come.

00:24:24.425 --> 00:24:25.067
But that's OK,

00:24:25.086 --> 00:24:26.227
because that's the business

00:24:26.587 --> 00:24:27.928
model that I am building.

00:24:28.568 --> 00:24:30.009
I don't need you to come.

00:24:30.128 --> 00:24:32.391
I don't want you to come by the membership,

00:24:32.431 --> 00:24:33.391
by the treadmill that you

00:24:33.431 --> 00:24:34.352
never walk on for a

00:24:34.392 --> 00:24:36.252
thousand dollars or pay me

00:24:36.272 --> 00:24:37.732
one hundred and fifty for a month.

00:24:38.012 --> 00:24:40.335
Never come to my clinic like that is OK.

00:24:40.375 --> 00:24:41.734
That is a business that's

00:24:41.775 --> 00:24:42.955
filling a need within the

00:24:42.996 --> 00:24:44.537
demographic that wants to pay for it.

00:24:45.439 --> 00:24:46.859
Um, but you know,

00:24:46.900 --> 00:24:48.361
this is the fun part of business.

00:24:48.381 --> 00:24:50.063
Like I'm a creative at heart.

00:24:50.202 --> 00:24:51.182
I don't care about the money

00:24:51.202 --> 00:24:51.963
in the bank account.

00:24:52.023 --> 00:24:53.545
As long as I have enough to pay the bills,

00:24:54.205 --> 00:24:56.186
I love creating new things

00:24:56.227 --> 00:24:57.387
that are valuable to

00:24:57.468 --> 00:24:59.028
somebody out there in the community.

00:24:59.489 --> 00:25:00.829
You're more of a business person.

00:25:00.849 --> 00:25:02.070
You're a real business person.

00:25:02.131 --> 00:25:03.251
You want real money in your

00:25:03.311 --> 00:25:04.173
real bank account.

00:25:04.252 --> 00:25:04.913
That is awesome.

00:25:05.874 --> 00:25:06.795
And I think that's why we

00:25:06.815 --> 00:25:08.036
can approach it from such

00:25:08.115 --> 00:25:08.957
different angles.

00:25:09.357 --> 00:25:11.118
I just love the creative process.

00:25:11.138 --> 00:25:12.079
I love brainstorming.

00:25:12.119 --> 00:25:13.642
Before we got on today, I was talking,

00:25:14.001 --> 00:25:15.923
I said exactly the same words to my PTA.

00:25:15.963 --> 00:25:17.865
I was like, hey, we can do this.

00:25:18.836 --> 00:25:19.477
For, you know,

00:25:19.537 --> 00:25:22.038
four people at twenty five dollars,

00:25:22.377 --> 00:25:23.097
they can come in.

00:25:23.137 --> 00:25:24.398
They don't even need one on

00:25:24.558 --> 00:25:26.219
one because I'm not billing insurance.

00:25:26.259 --> 00:25:27.319
So who the hell cares?

00:25:27.440 --> 00:25:27.859
Like what?

00:25:28.180 --> 00:25:29.621
They just need to feel good.

00:25:29.641 --> 00:25:30.780
They want to pay twenty five

00:25:30.820 --> 00:25:33.981
dollars to satisfy something internally,

00:25:34.041 --> 00:25:35.281
whether I touch them or not

00:25:35.362 --> 00:25:36.962
spend ten minutes with them or not.

00:25:38.202 --> 00:25:39.743
But then I'm like, or or.

00:25:40.463 --> 00:25:41.424
We could do one Medicare

00:25:41.444 --> 00:25:42.986
visit for a hundred dollars for an hour,

00:25:43.426 --> 00:25:43.727
you know,

00:25:43.846 --> 00:25:44.968
four to five people in the

00:25:45.008 --> 00:25:46.189
clinic versus one person.

00:25:46.249 --> 00:25:47.250
Like, yeah, we,

00:25:47.369 --> 00:25:49.090
we see those same exact

00:25:49.132 --> 00:25:50.432
comparisons and we discuss

00:25:50.452 --> 00:25:51.453
them every single day.

00:25:52.094 --> 00:25:53.174
I just think like,

00:25:53.755 --> 00:25:56.857
this is the redneck party bus.

00:25:57.218 --> 00:25:58.500
So a couple of months ago,

00:25:58.740 --> 00:25:59.881
one of my friends rented

00:25:59.921 --> 00:26:02.482
like this beautiful Hummer limo and

00:26:03.362 --> 00:26:04.723
We had more fun when we went

00:26:04.784 --> 00:26:06.726
on the redneck party bus, you know,

00:26:06.826 --> 00:26:08.627
so both of them exist.

00:26:08.768 --> 00:26:10.390
Both of them are available.

00:26:11.230 --> 00:26:12.592
It just depends on what's

00:26:12.632 --> 00:26:14.934
the experience you're looking to deliver.

00:26:15.836 --> 00:26:17.758
So this discussion was going on when Jim,

00:26:17.778 --> 00:26:18.338
because I don't have any

00:26:18.378 --> 00:26:19.640
kids and I work from home,

00:26:19.680 --> 00:26:20.381
so I was still in bed,

00:26:20.421 --> 00:26:21.741
but I was looking at what

00:26:21.782 --> 00:26:22.603
Dave and Tony were saying

00:26:22.623 --> 00:26:23.263
in the group chat this

00:26:23.324 --> 00:26:24.285
morning about the photos.

00:26:25.006 --> 00:26:26.126
And it made me think of the

00:26:26.186 --> 00:26:27.689
first time one of my bosses

00:26:27.808 --> 00:26:30.352
in radio had said, just go the other way.

00:26:30.372 --> 00:26:31.232
I'm like, what do you mean?

00:26:31.534 --> 00:26:33.536
Like for every fancy limo,

00:26:33.935 --> 00:26:35.258
it's like instantly you'd be like,

00:26:35.397 --> 00:26:37.220
where's the absolute

00:26:37.359 --> 00:26:38.422
opposite of the spectrum?

00:26:38.442 --> 00:26:39.742
Where's the redneck party bus?

00:26:40.183 --> 00:26:40.663
There was a...

00:26:41.424 --> 00:26:41.986
I don't know if they were

00:26:42.006 --> 00:26:42.666
the first to do it.

00:26:42.686 --> 00:26:43.728
They were the first that I noticed.

00:26:43.748 --> 00:26:45.250
There's a restaurant called Carrabba's.

00:26:46.010 --> 00:26:47.713
It's a franchise, but it's not super huge.

00:26:48.414 --> 00:26:49.195
Fake Italian food.

00:26:49.496 --> 00:26:51.019
Yeah, fake Italian food.

00:26:51.819 --> 00:26:52.601
Like Olive Garden.

00:26:52.780 --> 00:26:52.980
Go ahead.

00:26:53.000 --> 00:26:53.602
Like Olive Garden.

00:26:53.682 --> 00:26:54.844
They're a little better than Olive Garden.

00:26:54.884 --> 00:26:55.605
I got to be honest there.

00:26:55.785 --> 00:26:56.145
I agree.

00:26:56.246 --> 00:26:56.526
I agree.

00:26:56.546 --> 00:26:57.488
A little better than Olive Garden.

00:26:57.807 --> 00:26:59.067
But Olive Garden solves the problem.

00:26:59.127 --> 00:26:59.989
I love their breadsticks.

00:27:00.048 --> 00:27:01.388
It's a little like crack.

00:27:01.429 --> 00:27:02.368
I need more of their breadsticks.

00:27:02.750 --> 00:27:04.430
But Carrabba's did something

00:27:04.549 --> 00:27:05.430
a little different outside

00:27:05.450 --> 00:27:06.171
just Olive Garden.

00:27:06.431 --> 00:27:07.550
They took the wall down.

00:27:07.871 --> 00:27:09.612
They made the invisible visible.

00:27:09.692 --> 00:27:11.031
Now you can look into the kitchen.

00:27:11.652 --> 00:27:13.173
So then you go to the other side.

00:27:13.252 --> 00:27:13.932
What's a thing that

00:27:14.012 --> 00:27:15.534
everybody sees and it's ugly?

00:27:15.614 --> 00:27:16.433
Put the wall up.

00:27:17.114 --> 00:27:18.938
Make the small big, the big small.

00:27:19.038 --> 00:27:20.440
Make the black white, the white black.

00:27:20.701 --> 00:27:22.523
So you could be doing this thing,

00:27:22.544 --> 00:27:23.565
which is like, PTs,

00:27:23.865 --> 00:27:25.689
this is where the bar is so low.

00:27:25.990 --> 00:27:26.931
Understand that the people

00:27:26.990 --> 00:27:28.653
watching and listening to us right now

00:27:29.772 --> 00:27:30.814
You're probably the top one

00:27:30.854 --> 00:27:31.773
percent of our profession.

00:27:32.295 --> 00:27:33.394
I'm not even talking about your skill.

00:27:33.654 --> 00:27:34.336
I'm talking about the fact

00:27:34.355 --> 00:27:35.717
that you are taking free time.

00:27:36.037 --> 00:27:37.258
I'm not trying to like kiss your ass.

00:27:37.577 --> 00:27:39.358
You're taking free time to be like, OK,

00:27:39.398 --> 00:27:40.660
how could I be a little bit better?

00:27:40.680 --> 00:27:41.460
There's no guarantees.

00:27:41.480 --> 00:27:42.500
Listening to these Yahoo's

00:27:42.520 --> 00:27:44.261
twice a week is going to make me better,

00:27:44.281 --> 00:27:44.821
but I'm going to give it a

00:27:44.842 --> 00:27:45.942
shot to find the nugget.

00:27:46.323 --> 00:27:48.244
The bar is so damn low.

00:27:49.105 --> 00:27:50.306
In terms of most people are

00:27:50.326 --> 00:27:51.007
coming in going,

00:27:51.126 --> 00:27:52.189
I just want to go into the

00:27:52.269 --> 00:27:53.490
model that worked twenty

00:27:53.529 --> 00:27:54.951
five years ago and hope

00:27:54.971 --> 00:27:56.492
that it works out and bitch

00:27:56.532 --> 00:27:57.253
when it doesn't,

00:27:57.494 --> 00:27:59.537
because the only constant is change.

00:27:59.936 --> 00:28:00.137
All right.

00:28:00.178 --> 00:28:00.897
Javier wants to know,

00:28:00.938 --> 00:28:01.499
how do you think your

00:28:01.538 --> 00:28:03.661
turnover rate would be in that model?

00:28:03.721 --> 00:28:03.882
Yeah.

00:28:03.922 --> 00:28:04.803
What do you think about that?

00:28:05.406 --> 00:28:07.827
So I assume he means turnover in staff.

00:28:09.008 --> 00:28:09.288
Oh, really?

00:28:09.347 --> 00:28:10.288
I can tell you right now.

00:28:10.327 --> 00:28:11.028
I took it impatient.

00:28:11.048 --> 00:28:12.888
Like I took it like finding new customers.

00:28:12.949 --> 00:28:13.588
Let's take both.

00:28:13.689 --> 00:28:15.229
Let's approach it from both perspectives.

00:28:15.409 --> 00:28:17.329
From a staff perspective, like Dave,

00:28:17.730 --> 00:28:20.210
Dave would never come into my building,

00:28:20.250 --> 00:28:21.630
come into my clinic and be

00:28:21.711 --> 00:28:24.270
happy and fulfilled and do what he wants.

00:28:24.651 --> 00:28:25.631
I can't even tell you how

00:28:25.651 --> 00:28:26.471
many therapists I've

00:28:26.511 --> 00:28:28.031
employed over how many

00:28:28.071 --> 00:28:29.692
years that could never

00:28:29.751 --> 00:28:31.613
handle or enjoy the model

00:28:31.633 --> 00:28:32.712
that I'm talking about.

00:28:33.597 --> 00:28:35.318
But the guy that's out there right now,

00:28:35.479 --> 00:28:37.200
he's been with me eleven, twelve years.

00:28:37.619 --> 00:28:39.621
We both thrive in that environment.

00:28:39.681 --> 00:28:42.142
We love having the mixture of, you know,

00:28:42.201 --> 00:28:43.982
three people are paying out of pocket.

00:28:44.163 --> 00:28:45.864
One person is doing insurance.

00:28:45.903 --> 00:28:48.204
Another person is coming in pro bono.

00:28:48.244 --> 00:28:50.506
Like we we just love having

00:28:50.546 --> 00:28:52.006
humans in the clinic and

00:28:52.126 --> 00:28:53.767
the capacity there.

00:28:53.826 --> 00:28:55.147
So to Javier's point,

00:28:55.647 --> 00:28:56.448
I'm never going to hire a

00:28:56.468 --> 00:28:57.449
therapist who wants to

00:28:57.469 --> 00:28:59.349
deliver a sixty minute one on one visit.

00:29:00.069 --> 00:29:01.010
I don't like that.

00:29:01.211 --> 00:29:02.592
I don't want to build that business.

00:29:02.951 --> 00:29:04.492
That therapist and my model

00:29:04.532 --> 00:29:06.232
would absolutely quit in

00:29:06.374 --> 00:29:07.913
twenty eight days and they

00:29:07.933 --> 00:29:09.855
would attack me for being a horrible,

00:29:09.994 --> 00:29:10.955
you know, quote,

00:29:10.996 --> 00:29:13.897
mill or worse in the profession.

00:29:14.738 --> 00:29:16.179
From a patient perspective,

00:29:16.618 --> 00:29:19.220
the whole idea is to, you know,

00:29:19.440 --> 00:29:20.421
give them what they want

00:29:20.461 --> 00:29:21.201
and then get them out.

00:29:21.300 --> 00:29:23.482
Like turnover is an element

00:29:23.542 --> 00:29:25.243
in the profit model and that's OK.

00:29:26.884 --> 00:29:28.405
I, again, I buy a car.

00:29:28.546 --> 00:29:29.826
The car sits in my driveway

00:29:29.886 --> 00:29:30.826
probably ninety eight

00:29:30.866 --> 00:29:32.028
percent of my time because

00:29:32.067 --> 00:29:33.628
I don't use my car other

00:29:33.648 --> 00:29:35.170
than coming here to work

00:29:35.210 --> 00:29:36.771
every now and then, which isn't that far.

00:29:37.451 --> 00:29:39.512
But I still paid for the entire car.

00:29:39.713 --> 00:29:42.255
You know, I didn't do Uber to get to work.

00:29:42.355 --> 00:29:43.115
I bought the car.

00:29:43.455 --> 00:29:45.096
There's lots of lots of things like that.

00:29:45.577 --> 00:29:46.638
And then the other part of

00:29:46.739 --> 00:29:47.598
it is going back and

00:29:47.659 --> 00:29:48.880
everybody's going to hate this.

00:29:49.440 --> 00:29:50.641
I remember having these

00:29:50.681 --> 00:29:53.143
conversations with new hires, with people,

00:29:53.363 --> 00:29:54.624
therapists that were coming in.

00:29:54.644 --> 00:29:55.384
And I said, hey, guys,

00:29:55.984 --> 00:29:56.965
I don't expect you to be

00:29:57.006 --> 00:29:58.166
with me for forty years

00:29:58.446 --> 00:29:59.347
like that's not the

00:29:59.387 --> 00:30:01.269
business I expect you to

00:30:01.309 --> 00:30:04.272
come in work a year maybe

00:30:04.313 --> 00:30:05.913
three but if you're not

00:30:05.973 --> 00:30:07.295
developing and improving

00:30:07.336 --> 00:30:09.057
and growing beyond what my

00:30:09.116 --> 00:30:11.239
business can offer you are

00:30:11.338 --> 00:30:12.820
not the therapist that I

00:30:12.881 --> 00:30:13.882
want to bring into the

00:30:13.922 --> 00:30:15.742
business I want somebody

00:30:16.022 --> 00:30:17.404
who is going to turn over

00:30:17.944 --> 00:30:20.185
I don't want to keep giving retention,

00:30:20.266 --> 00:30:20.506
you know,

00:30:20.566 --> 00:30:22.425
raises of three percent just

00:30:22.465 --> 00:30:24.207
because you've been alive with me.

00:30:24.666 --> 00:30:25.326
I want you to come.

00:30:25.666 --> 00:30:26.487
I want you to improve.

00:30:26.727 --> 00:30:28.028
And I want you to get the heck out,

00:30:28.147 --> 00:30:29.268
go somewhere else.

00:30:29.867 --> 00:30:31.769
Turnover can be built into

00:30:31.808 --> 00:30:32.769
the business model,

00:30:32.788 --> 00:30:34.388
whether it's staff or customers,

00:30:34.848 --> 00:30:36.730
if you do it right.

00:30:36.910 --> 00:30:38.029
I have an interesting

00:30:38.049 --> 00:30:39.190
question that just came to mind.

00:30:40.211 --> 00:30:41.191
In using everything that

00:30:41.671 --> 00:30:42.871
most of what Tony just said,

00:30:43.531 --> 00:30:44.771
are PT mills good?

00:30:45.663 --> 00:30:48.584
because they get people in and out.

00:30:48.763 --> 00:30:49.963
And the goal is hopefully you can,

00:30:50.884 --> 00:30:51.944
in as many visits as

00:30:51.984 --> 00:30:53.164
possible in a short amount of time,

00:30:53.664 --> 00:30:54.805
get them to self-sustaining

00:30:54.845 --> 00:30:55.765
or back on their way.

00:30:56.425 --> 00:30:57.226
In that model,

00:30:57.365 --> 00:30:59.125
that's sort of what Tony was saying.

00:30:59.165 --> 00:31:00.267
It's like, hey, let's get them in,

00:31:00.346 --> 00:31:01.007
get them moving,

00:31:01.106 --> 00:31:02.146
and then get them out the door.

00:31:02.186 --> 00:31:04.327
They shouldn't be here for six weeks.

00:31:04.347 --> 00:31:05.188
They shouldn't be here for

00:31:05.228 --> 00:31:06.667
an hour times eight weeks.

00:31:07.228 --> 00:31:08.067
That's a nice little twist.

00:31:08.107 --> 00:31:09.348
We should do a twisted episode.

00:31:09.388 --> 00:31:10.989
We have to defend PT Mills.

00:31:11.328 --> 00:31:13.869
That would get some LOLs on YouTube,

00:31:13.910 --> 00:31:14.109
right?

00:31:15.407 --> 00:31:17.189
And I was just going to add to that in,

00:31:17.709 --> 00:31:18.950
not that I'm in favor of Mills,

00:31:19.009 --> 00:31:20.431
but to partially defend

00:31:20.471 --> 00:31:21.830
them now as a teaser for if

00:31:21.891 --> 00:31:23.271
we could do that as a full episode.

00:31:23.892 --> 00:31:25.113
And Tony will say it all the time.

00:31:25.613 --> 00:31:27.554
They also are the low-cost option.

00:31:27.814 --> 00:31:28.214
Sure.

00:31:28.234 --> 00:31:30.276
So they have wide accessibility.

00:31:31.316 --> 00:31:32.737
They take a lot of insurances.

00:31:33.116 --> 00:31:34.718
They will get you booked.

00:31:35.077 --> 00:31:38.059
Now, the whole one-on-one,

00:31:38.480 --> 00:31:39.259
like billing units,

00:31:39.319 --> 00:31:40.000
and is it actually

00:31:40.080 --> 00:31:40.941
one-on-one care all the

00:31:40.980 --> 00:31:41.740
time when it's supposed to

00:31:41.760 --> 00:31:42.561
be one-on-one care?

00:31:42.602 --> 00:31:43.862
That's a whole other argument.

00:31:43.922 --> 00:31:44.843
That's a whole other component.

00:31:44.942 --> 00:31:45.942
Yeah, there's legality.

00:31:46.022 --> 00:31:46.884
And then there's like

00:31:48.104 --> 00:31:49.064
there's are you delivering

00:31:49.084 --> 00:31:50.125
what's promised, right?

00:31:50.144 --> 00:31:51.605
Like legally, like that's where Tony said,

00:31:51.625 --> 00:31:52.746
like you have to be legal.

00:31:52.846 --> 00:31:54.125
Like you have to if you are

00:31:54.165 --> 00:31:55.567
saying I am providing whatever,

00:31:55.727 --> 00:31:57.186
like all the all the things

00:31:57.207 --> 00:31:58.528
that have to be there need to be there.

00:31:58.948 --> 00:31:59.728
But then we put an

00:31:59.768 --> 00:32:01.068
assumption on patients that

00:32:01.088 --> 00:32:04.089
they want sixty minutes one on one.

00:32:04.490 --> 00:32:05.430
No one else in the room.

00:32:05.690 --> 00:32:07.590
No one within one hundred yards of us.

00:32:08.371 --> 00:32:09.652
Noise-canceling headphones.

00:32:09.672 --> 00:32:10.833
You have to be staring at me

00:32:10.873 --> 00:32:11.574
the entire time.

00:32:11.594 --> 00:32:13.035
I'm watching every move with

00:32:13.095 --> 00:32:14.236
lasers and everything.

00:32:14.296 --> 00:32:15.537
Patients don't – I'm going

00:32:15.636 --> 00:32:16.116
to go on a limb here.

00:32:16.317 --> 00:32:17.577
Most of them don't care about that.

00:32:17.758 --> 00:32:19.319
They want to be better afterwards.

00:32:19.599 --> 00:32:20.760
How do you do that is up to you.

00:32:21.553 --> 00:32:24.374
So going back last week or Tuesday,

00:32:25.775 --> 00:32:26.275
somebody,

00:32:26.414 --> 00:32:27.455
I'm not going to mention names

00:32:27.476 --> 00:32:28.316
because we might do an

00:32:28.355 --> 00:32:29.116
interview with him.

00:32:29.957 --> 00:32:31.298
You know, he got really offended.

00:32:31.317 --> 00:32:32.439
He got really fired up.

00:32:32.838 --> 00:32:34.259
Somebody was talking about a

00:32:34.500 --> 00:32:36.059
large corporate clinic and he said,

00:32:36.160 --> 00:32:37.240
we don't do any of the

00:32:37.260 --> 00:32:38.240
stuff you're talking about.

00:32:38.301 --> 00:32:39.461
And it's true.

00:32:40.162 --> 00:32:41.563
I think too many of us still

00:32:41.583 --> 00:32:43.023
have this idea in our head

00:32:43.064 --> 00:32:44.565
that large corporate

00:32:44.625 --> 00:32:45.884
immediately means ten

00:32:45.924 --> 00:32:47.965
patients an hour per therapist, you know,

00:32:47.986 --> 00:32:48.467
with no help.

00:32:49.247 --> 00:32:50.929
I don't think that's the case these days.

00:32:50.989 --> 00:32:52.230
I think they have figured

00:32:52.351 --> 00:32:54.012
out the model that works for them.

00:32:54.073 --> 00:32:55.714
Hence, they're still in business.

00:32:56.155 --> 00:32:57.136
The other part that's

00:32:57.176 --> 00:32:58.419
interesting about this, though,

00:32:59.319 --> 00:33:00.500
is I also think that it's a

00:33:00.560 --> 00:33:01.982
great proof of concept.

00:33:02.544 --> 00:33:03.885
If you strip out the

00:33:03.925 --> 00:33:05.227
regulation and you say, OK, fine.

00:33:05.928 --> 00:33:07.328
Forget everything about

00:33:07.388 --> 00:33:08.788
compliance regulation, all that stuff.

00:33:09.229 --> 00:33:09.490
Look,

00:33:09.970 --> 00:33:11.549
no matter how much therapists

00:33:11.569 --> 00:33:13.651
watching this here say, I hate that.

00:33:13.711 --> 00:33:14.471
It wore me out.

00:33:14.592 --> 00:33:15.571
I can't handle that.

00:33:16.192 --> 00:33:18.993
It was a model that continued to sustain.

00:33:19.653 --> 00:33:21.734
And so now we look at that and we say, OK,

00:33:21.815 --> 00:33:22.894
maybe it wasn't perfect.

00:33:23.234 --> 00:33:24.195
How do we refine it?

00:33:24.256 --> 00:33:25.115
How do we improve it?

00:33:25.175 --> 00:33:26.297
How do we make it better?

00:33:26.896 --> 00:33:27.517
And then, of course,

00:33:27.537 --> 00:33:30.137
you go to other models like, all right,

00:33:30.258 --> 00:33:31.238
CrossFit, you know,

00:33:31.278 --> 00:33:32.817
people are paying two hundred and fifty,

00:33:32.857 --> 00:33:33.938
three hundred dollars a month.

00:33:33.958 --> 00:33:35.519
They're in class twice a

00:33:35.558 --> 00:33:36.999
week with twenty other people.

00:33:37.398 --> 00:33:39.558
Like, how do I pull that element in?

00:33:39.778 --> 00:33:41.279
I shared a I think it's

00:33:41.319 --> 00:33:43.240
strong something with kids

00:33:43.859 --> 00:33:46.161
where it was showing these kids, you know,

00:33:46.221 --> 00:33:48.580
toddlers and young kids

00:33:48.980 --> 00:33:51.321
pushing sleds and doing like great,

00:33:51.561 --> 00:33:52.761
awesome fitness stuff.

00:33:53.402 --> 00:33:53.823
And I'm like, OK,

00:33:54.002 --> 00:33:55.243
so if you have a pediatric

00:33:55.263 --> 00:33:56.645
practice that can't sustain

00:33:56.685 --> 00:33:58.307
with Medicaid reimbursement,

00:33:58.828 --> 00:34:00.049
what if you open the door

00:34:00.089 --> 00:34:01.192
to some of these other

00:34:01.231 --> 00:34:03.034
things and allow some of

00:34:03.074 --> 00:34:04.935
these new models to come in?

00:34:05.136 --> 00:34:07.660
Last one, I'll say we rock the spectrum.

00:34:08.161 --> 00:34:10.143
We talked about this franchise before.

00:34:11.083 --> 00:34:12.186
A mom had a child.

00:34:12.525 --> 00:34:13.947
The child was on the spectrum.

00:34:13.987 --> 00:34:16.291
The child was getting OTPT services.

00:34:16.451 --> 00:34:18.893
The mom couldn't afford more services.

00:34:19.594 --> 00:34:21.197
The founding story is mom

00:34:21.217 --> 00:34:22.699
buys some of the equipment

00:34:22.818 --> 00:34:23.920
and then realizes, hey,

00:34:24.081 --> 00:34:26.304
I can make this accessible to everyone.

00:34:26.784 --> 00:34:28.164
She she rents a space.

00:34:28.324 --> 00:34:29.847
She puts like ten or eleven

00:34:29.927 --> 00:34:31.347
core pieces of equipment

00:34:31.387 --> 00:34:32.929
that the OTs and PTs were

00:34:32.989 --> 00:34:33.769
using with their kids.

00:34:34.250 --> 00:34:36.192
And then she just charges an access pass.

00:34:36.552 --> 00:34:37.333
Fifteen dollars.

00:34:37.373 --> 00:34:37.773
Come in.

00:34:38.032 --> 00:34:38.753
Use the equipment.

00:34:38.793 --> 00:34:40.235
There's no clinicians,

00:34:40.715 --> 00:34:42.556
but you can do what your PT

00:34:42.597 --> 00:34:44.179
or OT wants you to do.

00:34:44.918 --> 00:34:46.059
I just bought the equipment

00:34:46.099 --> 00:34:47.721
that we can all share, you know.

00:34:47.782 --> 00:34:49.882
And so these models are out there.

00:34:49.902 --> 00:34:51.364
They've they've proven to be

00:34:51.425 --> 00:34:53.106
successful worldwide.

00:34:53.606 --> 00:34:54.706
We just need to adopt the

00:34:54.806 --> 00:34:56.266
one that resonates with us.

00:34:56.706 --> 00:34:58.586
My model doesn't resonate with Dave.

00:34:58.927 --> 00:35:00.768
Dave's model doesn't resonate with me.

00:35:01.148 --> 00:35:02.688
But that's the beauty is we

00:35:02.728 --> 00:35:04.068
can do whatever we want to do.

00:35:04.889 --> 00:35:06.429
And this was a topic of discussion, too,

00:35:06.449 --> 00:35:07.590
before I try to approach it.

00:35:08.750 --> 00:35:10.030
Tony, like very Yoda,

00:35:10.070 --> 00:35:11.690
like when people are like, OK,

00:35:11.831 --> 00:35:13.070
let's go along your premise.

00:35:13.170 --> 00:35:14.731
I'll accept for a moment

00:35:14.751 --> 00:35:16.211
that mills equal bad.

00:35:17.273 --> 00:35:19.032
How do you how do you define a mill?

00:35:19.072 --> 00:35:21.134
Is it more than three locations?

00:35:21.713 --> 00:35:21.893
Ten?

00:35:22.967 --> 00:35:24.608
Like where where's the Mason

00:35:24.668 --> 00:35:25.849
Dixon line of a mill?

00:35:25.929 --> 00:35:26.670
And everybody kept coming

00:35:26.710 --> 00:35:28.731
back with these like wildly subjective.

00:35:29.192 --> 00:35:29.411
Well,

00:35:29.452 --> 00:35:31.653
as soon as it's not sixty minutes and

00:35:31.713 --> 00:35:32.494
one on one care.

00:35:32.514 --> 00:35:33.034
So I was like, OK,

00:35:33.054 --> 00:35:34.335
so sixty one minutes is OK,

00:35:34.356 --> 00:35:35.217
but fifty nine is not.

00:35:35.277 --> 00:35:35.777
Is that the line?

00:35:35.976 --> 00:35:37.018
Well, that's not what I'm saying.

00:35:37.057 --> 00:35:38.259
I'm like, scroll, scroll, scroll.

00:35:38.278 --> 00:35:39.739
That's exactly what you're saying.

00:35:40.159 --> 00:35:41.782
If you can't show me what a mill is,

00:35:42.121 --> 00:35:43.222
how can you say it's bad?

00:35:43.682 --> 00:35:45.543
Like, we define what rules – like,

00:35:45.583 --> 00:35:47.023
you know, drunk drivers are bad.

00:35:47.405 --> 00:35:49.606
At this blood alcohol level, no bueno.

00:35:49.885 --> 00:35:51.365
At this one, that's fine.

00:35:51.485 --> 00:35:52.967
You continue on your way, sir.

00:35:53.226 --> 00:35:54.146
So you have to define it

00:35:54.166 --> 00:35:55.307
before you can make it bad.

00:35:55.728 --> 00:35:57.108
So I don't know what a mill is then.

00:35:57.168 --> 00:35:58.449
If I just – if I'm Tony's

00:35:58.489 --> 00:35:59.090
wife – by the way,

00:35:59.110 --> 00:35:59.650
I love the fact that we

00:35:59.670 --> 00:36:00.610
don't know Tony's wife's name.

00:36:00.710 --> 00:36:01.630
I never want to know Tony's

00:36:01.650 --> 00:36:02.931
wife's name until she comes

00:36:02.990 --> 00:36:03.731
on the show because right

00:36:03.751 --> 00:36:06.893
now she is this amorphous being that just,

00:36:06.932 --> 00:36:07.672
like, dropped in,

00:36:07.713 --> 00:36:11.695
but she didn't have the curse –

00:36:09.726 --> 00:36:10.547
Of knowledge anymore.

00:36:10.929 --> 00:36:11.929
She dropped in like she was.

00:36:11.969 --> 00:36:12.791
Seventeen years ago.

00:36:12.831 --> 00:36:13.791
And she sees all this stuff.

00:36:13.851 --> 00:36:15.454
And so all the stupid stuff.

00:36:15.474 --> 00:36:15.994
We're doing now.

00:36:16.414 --> 00:36:17.335
She's able to spot.

00:36:17.637 --> 00:36:18.378
From a mile away.

00:36:18.398 --> 00:36:20.900
In two seconds.

00:36:20.920 --> 00:36:21.521
Real quick.

00:36:21.541 --> 00:36:22.302
So Javier.

00:36:22.322 --> 00:36:23.304
Thank you again.

00:36:23.364 --> 00:36:23.804
So he said.

00:36:24.025 --> 00:36:25.405
I don't mind the thought.

00:36:25.847 --> 00:36:26.807
But I haven't come across.

00:36:26.867 --> 00:36:28.130
Any young PTs.

00:36:29.025 --> 00:36:30.927
I think we have the problem identified.

00:36:31.547 --> 00:36:32.588
Young PTs,

00:36:32.628 --> 00:36:34.889
that would be okay with that volume.

00:36:35.050 --> 00:36:38.331
I only see older PTs being

00:36:38.351 --> 00:36:40.094
in the game for it.

00:36:40.293 --> 00:36:42.135
And this goes back to my

00:36:42.175 --> 00:36:44.097
previous post a while ago.

00:36:44.556 --> 00:36:46.498
Did we outgrow the profession?

00:36:46.539 --> 00:36:47.280
And it doesn't mean that the

00:36:47.320 --> 00:36:48.179
profession is bad.

00:36:48.239 --> 00:36:49.001
It doesn't mean like I'm

00:36:49.041 --> 00:36:50.922
above and you're below or the profession.

00:36:51.402 --> 00:36:52.344
I'm just saying...

00:36:53.143 --> 00:36:54.025
Maybe that's true.

00:36:54.085 --> 00:36:54.346
You know,

00:36:54.907 --> 00:36:57.251
I am not on the university campuses.

00:36:57.931 --> 00:36:59.414
I haven't been for a very long time,

00:36:59.454 --> 00:37:00.054
thank goodness.

00:37:00.536 --> 00:37:01.838
I'd be that creepy old man.

00:37:01.998 --> 00:37:03.599
I'm a creepy old man.

00:37:05.333 --> 00:37:05.932
What?

00:37:06.052 --> 00:37:06.634
I was that guy.

00:37:06.653 --> 00:37:07.934
I was the second career guy back.

00:37:08.014 --> 00:37:10.135
I was in school.

00:37:10.416 --> 00:37:11.536
But that being said,

00:37:11.597 --> 00:37:13.777
so if the universities are

00:37:13.797 --> 00:37:16.559
breeding a culture of clinician,

00:37:16.780 --> 00:37:18.740
new grad clinician who is

00:37:18.900 --> 00:37:20.641
of the mindset that and

00:37:21.141 --> 00:37:23.483
don't persecute me, I am a doctor.

00:37:24.123 --> 00:37:25.005
I only do this.

00:37:25.144 --> 00:37:25.985
I only do that.

00:37:26.085 --> 00:37:26.766
This is, you know.

00:37:27.425 --> 00:37:28.007
Then that's where the

00:37:28.027 --> 00:37:28.987
profession is going to go.

00:37:29.106 --> 00:37:29.807
And that's fine.

00:37:29.987 --> 00:37:32.809
Like it can go there if if, you know,

00:37:33.251 --> 00:37:34.030
I don't want to go there.

00:37:34.251 --> 00:37:35.932
So I'm happy to leave the profession.

00:37:36.012 --> 00:37:37.014
I'm happy to hang up my

00:37:37.054 --> 00:37:40.556
shingle or retire my licensure.

00:37:40.637 --> 00:37:43.179
You know, like I have zero marriage.

00:37:43.639 --> 00:37:44.639
It's not my religion.

00:37:44.960 --> 00:37:45.621
No problem at all.

00:37:46.527 --> 00:37:48.509
But I would say,

00:37:49.088 --> 00:37:50.150
I think the profession

00:37:50.170 --> 00:37:52.612
would do well to attract

00:37:53.193 --> 00:37:55.315
more young clinicians who

00:37:55.375 --> 00:37:57.697
have been fitness influencers,

00:37:58.077 --> 00:37:59.538
CrossFit coaches, you know,

00:37:59.577 --> 00:38:00.938
have been in that world

00:38:01.380 --> 00:38:02.581
because they also see the

00:38:02.621 --> 00:38:04.382
value in that different model.

00:38:05.063 --> 00:38:07.025
And I think when we go back and we look at,

00:38:07.125 --> 00:38:08.985
okay, am I building dependency?

00:38:09.085 --> 00:38:10.867
Am I breeding dependency?

00:38:11.268 --> 00:38:12.528
Because this is a hot button

00:38:12.568 --> 00:38:13.670
for a lot of clinicians.

00:38:13.710 --> 00:38:13.931
Like,

00:38:14.570 --> 00:38:15.630
If I, quote,

00:38:15.811 --> 00:38:18.072
ignore my patient and make my

00:38:18.112 --> 00:38:18.992
patient do their own

00:38:19.092 --> 00:38:21.532
exercise from the outside, look it in.

00:38:21.672 --> 00:38:22.913
I look like a bad therapist.

00:38:23.253 --> 00:38:25.273
But if I do it intentionally to say, hey,

00:38:25.614 --> 00:38:26.713
this person's not going to

00:38:26.733 --> 00:38:28.755
have my hands when they go home.

00:38:29.054 --> 00:38:30.014
They're not going to have me

00:38:30.074 --> 00:38:31.795
with them the next time they flare up.

00:38:32.175 --> 00:38:35.157
My job is not to make them dependent on me,

00:38:35.177 --> 00:38:36.516
but rather to teach them

00:38:36.617 --> 00:38:38.557
what needs to be done and how to do it.

00:38:39.217 --> 00:38:40.838
This is a completely different world,

00:38:41.358 --> 00:38:41.759
you know,

00:38:42.018 --> 00:38:43.400
and once you're you're you're

00:38:43.440 --> 00:38:44.340
empowering them is what

00:38:44.460 --> 00:38:45.900
you're once once you

00:38:45.960 --> 00:38:48.882
realize that and consciously accept.

00:38:49.081 --> 00:38:52.344
OK, like I'm going to say in Dave's model,

00:38:52.744 --> 00:38:53.324
which I have,

00:38:53.543 --> 00:38:54.423
I have patients out there

00:38:54.463 --> 00:38:55.164
for twenty years.

00:38:55.945 --> 00:38:57.646
There are people who are dependent on me.

00:38:57.786 --> 00:38:58.527
I've done that.

00:38:58.668 --> 00:39:00.009
I understand it like but

00:39:00.048 --> 00:39:01.110
they're paying me out of pocket.

00:39:01.269 --> 00:39:02.650
Insurance isn't paying me for it.

00:39:03.771 --> 00:39:05.273
I also think there's great

00:39:05.313 --> 00:39:07.195
power and great honor in

00:39:07.255 --> 00:39:08.416
being the therapist who

00:39:08.496 --> 00:39:10.818
builds independence, resilience,

00:39:10.938 --> 00:39:13.981
strength and, you know, sees the person,

00:39:14.021 --> 00:39:14.802
teaches them a couple of

00:39:14.842 --> 00:39:15.804
things and then lets them

00:39:15.844 --> 00:39:16.463
go on their own.

00:39:17.204 --> 00:39:19.146
But I can understand how

00:39:19.206 --> 00:39:21.086
from a therapist perspective, you're like,

00:39:21.106 --> 00:39:21.947
you're ignoring them.

00:39:21.967 --> 00:39:23.228
You're not giving them, you know,

00:39:23.268 --> 00:39:23.708
whatever.

00:39:24.088 --> 00:39:24.309
No,

00:39:24.489 --> 00:39:26.630
I am empowering them to be independent.

00:39:26.690 --> 00:39:27.690
I'm kicking them out of the

00:39:27.730 --> 00:39:29.471
nest so that they can learn

00:39:29.490 --> 00:39:30.512
how to fly on their own.

00:39:30.911 --> 00:39:32.271
So let's go through this, you know,

00:39:32.351 --> 00:39:33.373
in police talk,

00:39:33.393 --> 00:39:34.413
because I watched enough

00:39:34.574 --> 00:39:36.213
SVU to consider myself an

00:39:36.273 --> 00:39:37.855
expert on police procedure.

00:39:38.655 --> 00:39:39.695
It would be like evidence

00:39:39.835 --> 00:39:41.376
chain of custody.

00:39:41.476 --> 00:39:42.737
It's like, this is the gun.

00:39:42.958 --> 00:39:43.838
Who has had the gun?

00:39:44.338 --> 00:39:45.119
So the first...

00:39:45.838 --> 00:39:47.239
The first touch point,

00:39:47.619 --> 00:39:48.559
because Javier is talking

00:39:48.579 --> 00:39:51.501
about new versus older therapists, right?

00:39:51.981 --> 00:39:52.702
So I want to call this

00:39:52.742 --> 00:39:53.961
conversation for a minute.

00:39:55.182 --> 00:39:56.043
That's not what was in the

00:39:56.083 --> 00:39:58.063
brochure conversation, right?

00:39:58.503 --> 00:39:59.304
So if you're a PT,

00:39:59.324 --> 00:40:00.364
what's the famous story of

00:40:00.385 --> 00:40:01.405
where you came into PT?

00:40:01.625 --> 00:40:03.306
I was a midfielder and I

00:40:03.365 --> 00:40:05.387
tore my ACL my senior year

00:40:05.766 --> 00:40:07.126
and went to PT and fell in

00:40:07.166 --> 00:40:07.967
love with the process.

00:40:08.047 --> 00:40:08.347
Got it.

00:40:09.106 --> 00:40:10.768
So you were sold one thing.

00:40:10.949 --> 00:40:11.568
You bought in,

00:40:12.230 --> 00:40:14.072
cue the harp music and the heart eyes,

00:40:14.192 --> 00:40:14.452
right?

00:40:14.532 --> 00:40:15.532
That's where you bought in.

00:40:16.094 --> 00:40:18.396
Or a career fair that you

00:40:18.456 --> 00:40:20.177
heard what that person's day was like.

00:40:20.217 --> 00:40:21.358
Or maybe you were impatient

00:40:21.418 --> 00:40:22.260
and you were watching your

00:40:22.300 --> 00:40:23.221
mom go through something

00:40:23.240 --> 00:40:23.880
traumatic or your

00:40:23.900 --> 00:40:25.503
grandmother broke her hip, right?

00:40:26.063 --> 00:40:27.985
So it depends on what brochure

00:40:28.746 --> 00:40:30.148
you looked at first and you

00:40:30.208 --> 00:40:31.590
expected the profession to

00:40:31.650 --> 00:40:32.891
look and feel just like that.

00:40:32.911 --> 00:40:33.152
You're like,

00:40:33.172 --> 00:40:34.514
if I show up and I do

00:40:34.554 --> 00:40:35.394
everything you tell me and

00:40:35.434 --> 00:40:36.315
pass all the tests,

00:40:36.777 --> 00:40:37.958
I get to just show up and

00:40:37.978 --> 00:40:39.099
be on this conveyor belt.

00:40:39.661 --> 00:40:42.043
And I get now at different stages,

00:40:42.083 --> 00:40:42.583
different things.

00:40:42.603 --> 00:40:43.786
This is what my day looks like.

00:40:43.826 --> 00:40:45.047
And this is what everything looks like.

00:40:45.248 --> 00:40:45.467
Right.

00:40:46.289 --> 00:40:47.809
Or is it you tripped across

00:40:47.909 --> 00:40:49.992
a university's website and, look,

00:40:50.032 --> 00:40:51.233
become a physical therapist,

00:40:51.273 --> 00:40:52.393
and our pass rate is this,

00:40:52.414 --> 00:40:53.253
and the average physical

00:40:53.293 --> 00:40:54.614
therapist is the third

00:40:54.635 --> 00:40:55.596
happiest profession and

00:40:55.615 --> 00:40:57.137
makes this much money, right?

00:40:57.516 --> 00:40:58.418
Maybe that was the first

00:40:58.458 --> 00:41:00.559
brochure that you ingested

00:41:00.599 --> 00:41:01.559
or consumed and now said,

00:41:01.579 --> 00:41:03.181
this is what I will now expect.

00:41:03.521 --> 00:41:04.101
Here's the thing.

00:41:05.103 --> 00:41:06.364
Those are all just messages.

00:41:07.677 --> 00:41:07.856
Right.

00:41:07.896 --> 00:41:08.878
Those are those are all

00:41:08.938 --> 00:41:10.079
versions of the truth.

00:41:10.699 --> 00:41:10.860
Right.

00:41:10.900 --> 00:41:12.641
So if you're expecting it to

00:41:12.681 --> 00:41:14.684
be easy and show up and

00:41:14.724 --> 00:41:16.746
when you get there, it isn't like that,

00:41:16.766 --> 00:41:17.708
because by the time you

00:41:17.967 --> 00:41:18.989
ingested that brochure in

00:41:19.009 --> 00:41:20.349
high school and became a

00:41:20.429 --> 00:41:21.711
doctor of physical therapy,

00:41:21.731 --> 00:41:22.632
however many years later,

00:41:22.952 --> 00:41:24.554
I got news for you.

00:41:24.775 --> 00:41:25.715
The world changed.

00:41:25.878 --> 00:41:26.860
The world changed.

00:41:27.119 --> 00:41:27.860
It changed.

00:41:28.159 --> 00:41:29.360
And it's constantly changing.

00:41:29.621 --> 00:41:30.461
So I could see where the

00:41:30.481 --> 00:41:31.302
young therapist would be

00:41:31.342 --> 00:41:33.282
pissed or confused or

00:41:33.443 --> 00:41:34.543
people who were in the

00:41:34.583 --> 00:41:35.844
profession on that conveyor

00:41:35.864 --> 00:41:37.045
belt are now pissed that

00:41:37.146 --> 00:41:38.947
they have to change and adapt.

00:41:39.246 --> 00:41:40.827
I understand why you're angry.

00:41:41.128 --> 00:41:41.869
It doesn't matter.

00:41:41.889 --> 00:41:42.909
It doesn't matter.

00:41:42.929 --> 00:41:44.010
It's not going to change anything.

00:41:44.210 --> 00:41:45.271
You have to adapt.

00:41:46.007 --> 00:41:46.766
just because it was in the

00:41:46.786 --> 00:41:47.827
brochure doesn't make it true.

00:41:48.467 --> 00:41:49.867
I would love to hear from Dave.

00:41:50.248 --> 00:41:52.668
So Dave has been in baseball a long time,

00:41:52.949 --> 00:41:53.248
right?

00:41:53.849 --> 00:41:56.710
So when you think of like in baseball,

00:41:56.769 --> 00:41:58.130
you've got your batting coach,

00:41:58.150 --> 00:41:59.110
your pitching coach,

00:41:59.130 --> 00:42:00.469
and then you've got the

00:42:00.710 --> 00:42:02.070
coach and the team manager

00:42:02.090 --> 00:42:03.271
and you've got all these other people,

00:42:03.791 --> 00:42:05.452
but there's still this whole team.

00:42:05.891 --> 00:42:07.492
Like every single individual

00:42:07.811 --> 00:42:09.672
on the team doesn't have a

00:42:09.733 --> 00:42:11.793
dedicated person every single time.

00:42:11.853 --> 00:42:11.972
Now,

00:42:12.032 --> 00:42:13.353
some of them might have outside

00:42:13.373 --> 00:42:15.134
trainers that they work with exclusively.

00:42:15.873 --> 00:42:19.096
But within your model,

00:42:19.215 --> 00:42:20.795
and I struggle with this every day,

00:42:20.956 --> 00:42:21.956
am I a coach?

00:42:22.597 --> 00:42:25.077
Am I a healer?

00:42:25.257 --> 00:42:26.378
What am I even?

00:42:26.798 --> 00:42:27.239
I don't know.

00:42:27.318 --> 00:42:28.039
Most of the time,

00:42:28.179 --> 00:42:29.820
I just want to be an educator.

00:42:30.521 --> 00:42:31.481
Most of the time,

00:42:31.681 --> 00:42:33.422
I just want to teach people

00:42:33.981 --> 00:42:35.443
and then let them go do it

00:42:35.523 --> 00:42:36.943
from a baseball perspective.

00:42:37.023 --> 00:42:38.103
I was in the batting cages

00:42:38.143 --> 00:42:40.125
pitching to my players last night.

00:42:40.786 --> 00:42:41.166
I'm like,

00:42:41.902 --> 00:42:42.864
I'm going to give you the pitches.

00:42:43.043 --> 00:42:44.204
We're going to work on your batting.

00:42:44.585 --> 00:42:45.405
And then you're going to go

00:42:45.545 --> 00:42:46.465
hit off the tee or you're

00:42:46.485 --> 00:42:47.465
going to do something else

00:42:47.487 --> 00:42:49.447
to work on what I just showed you.

00:42:50.208 --> 00:42:50.949
How do you look?

00:42:51.088 --> 00:42:52.530
Do you make any comparisons

00:42:52.550 --> 00:42:53.730
between like your history

00:42:53.769 --> 00:42:54.851
as a baseball player,

00:42:55.050 --> 00:42:56.251
working with coaches and

00:42:56.291 --> 00:42:57.713
trainers versus what you're

00:42:57.753 --> 00:42:59.193
doing as a physical therapist?

00:43:01.244 --> 00:43:01.905
Not too much.

00:43:02.025 --> 00:43:03.005
I mean, I think at the end of the day,

00:43:03.045 --> 00:43:04.849
I think I look at what we

00:43:04.889 --> 00:43:07.231
do or what I am as a service provider.

00:43:07.311 --> 00:43:09.034
So some people,

00:43:09.054 --> 00:43:10.074
we go to someone's home and

00:43:10.094 --> 00:43:12.418
they kind of are yearning for the healer.

00:43:13.139 --> 00:43:14.740
Maybe we go into that mold.

00:43:14.800 --> 00:43:15.862
Maybe we fit that mold.

00:43:15.882 --> 00:43:16.443
Maybe we don't.

00:43:17.684 --> 00:43:20.585
where someone is on Park Ave

00:43:20.626 --> 00:43:22.085
or Fifth Ave in Manhattan,

00:43:22.146 --> 00:43:24.346
and they're looking for a professional.

00:43:24.365 --> 00:43:24.865
They're looking for a

00:43:24.905 --> 00:43:26.065
physical therapist that comes in.

00:43:26.106 --> 00:43:27.007
They're clean-shaven.

00:43:27.027 --> 00:43:28.306
Then we've got a button-up collar,

00:43:28.606 --> 00:43:29.126
whatever.

00:43:29.387 --> 00:43:30.226
And oftentimes,

00:43:30.327 --> 00:43:31.947
we're going to fit that if

00:43:31.967 --> 00:43:32.927
that's what they're looking for.

00:43:34.327 --> 00:43:37.228
Sometimes someone needs more

00:43:37.288 --> 00:43:38.809
of the touchy-feely stuff.

00:43:39.528 --> 00:43:41.128
And sometimes we'll kind of

00:43:41.768 --> 00:43:43.730
mold into or fit the mold

00:43:43.750 --> 00:43:45.289
of what someone like that is looking for.

00:43:47.284 --> 00:43:48.085
I don't know if we're always

00:43:48.105 --> 00:43:48.744
going to say we're one

00:43:48.764 --> 00:43:49.344
thing or the other.

00:43:49.425 --> 00:43:50.545
We're not going to say like we're always,

00:43:50.746 --> 00:43:50.925
you know,

00:43:50.965 --> 00:43:53.867
we're healers or we're just therapists or,

00:43:53.947 --> 00:43:55.108
you know, we're professionals.

00:43:55.188 --> 00:43:56.829
We want to be professionals, right?

00:43:56.929 --> 00:43:57.309
Like we just,

00:43:57.490 --> 00:43:58.170
we always want to be

00:43:58.210 --> 00:43:59.231
consummate professionals.

00:44:00.291 --> 00:44:00.913
But at the end of the day,

00:44:00.932 --> 00:44:01.873
we're delivering our service.

00:44:02.032 --> 00:44:03.715
And to loop back around with

00:44:03.755 --> 00:44:08.378
like the ten minutes for, you know,

00:44:08.398 --> 00:44:09.797
thirty dollars versus what

00:44:09.818 --> 00:44:11.559
we do is we're providing a

00:44:11.599 --> 00:44:14.541
service and we want to have

00:44:15.481 --> 00:44:16.882
big enough margins to be

00:44:16.922 --> 00:44:17.682
profitable to be

00:44:17.722 --> 00:44:18.663
sustainable so that we can

00:44:18.702 --> 00:44:19.623
pay our therapist whatever

00:44:19.664 --> 00:44:21.344
they want whatever they

00:44:21.405 --> 00:44:22.605
demand whatever they

00:44:23.344 --> 00:44:24.686
actually deserve in the

00:44:24.726 --> 00:44:26.327
marketplace because if they

00:44:26.367 --> 00:44:26.907
can't get it with me

00:44:26.927 --> 00:44:27.626
they're going to go get it

00:44:27.646 --> 00:44:29.867
with someone else and also

00:44:29.887 --> 00:44:31.188
a service where sometimes

00:44:31.369 --> 00:44:32.048
there's a little bit of

00:44:32.068 --> 00:44:33.010
that tony there's a little

00:44:33.030 --> 00:44:34.949
bit of like yes they stay

00:44:34.969 --> 00:44:36.271
with us for potentially

00:44:36.291 --> 00:44:38.251
long periods of time so we are

00:44:39.579 --> 00:44:40.981
optimizing oftentimes for

00:44:41.001 --> 00:44:42.302
the lifetime value of the

00:44:42.342 --> 00:44:43.161
patient or client.

00:44:44.182 --> 00:44:46.023
They come to us for an episodic issue,

00:44:46.563 --> 00:44:47.864
ankle pain, back pain, whatever,

00:44:48.284 --> 00:44:49.144
and then they stay with us

00:44:49.204 --> 00:44:52.527
and they do tune-ups, maintenance visits,

00:44:52.827 --> 00:44:55.108
wellness, some personal training, hybrid,

00:44:55.128 --> 00:44:56.128
whatever you wanna call it.

00:44:56.849 --> 00:44:57.530
Some people are gonna be

00:44:57.570 --> 00:44:58.891
independent and they're like, hey,

00:44:58.971 --> 00:44:59.891
I just need you to help me

00:44:59.931 --> 00:45:01.731
with my pain and then I'm

00:45:01.751 --> 00:45:02.773
gonna go back to my trainer

00:45:02.793 --> 00:45:03.934
at Equinox or whatever, right?

00:45:04.134 --> 00:45:04.673
Okay, that's fine.

00:45:05.173 --> 00:45:05.875
And then some people stay

00:45:05.894 --> 00:45:07.295
with us for three, four, five years,

00:45:07.655 --> 00:45:07.876
right?

00:45:08.635 --> 00:45:10.036
we have a service we deliver

00:45:10.056 --> 00:45:11.639
a service we are optimizing

00:45:11.699 --> 00:45:13.760
for the high margin so that

00:45:13.800 --> 00:45:14.740
we can pay we can get

00:45:14.762 --> 00:45:16.583
aggressive with paid ads we

00:45:16.603 --> 00:45:17.724
can get aggressive with

00:45:18.143 --> 00:45:20.106
mail promotions and paying

00:45:20.126 --> 00:45:21.467
our therapist a high rate

00:45:21.487 --> 00:45:24.610
per visit uh and keeping

00:45:24.750 --> 00:45:25.871
some of amount of these

00:45:25.911 --> 00:45:27.913
clients for the long term

00:45:27.932 --> 00:45:29.974
uh that optimize the long

00:45:29.994 --> 00:45:31.135
term the lifetime value of

00:45:31.195 --> 00:45:32.036
some of those clients

00:45:33.099 --> 00:45:34.820
And some of that cash we use

00:45:34.860 --> 00:45:36.882
for the paid promotions, the paid ads,

00:45:37.143 --> 00:45:38.563
compensating our therapists and all that.

00:45:38.603 --> 00:45:40.766
So I'm not sure if that

00:45:40.826 --> 00:45:41.425
answers your question,

00:45:41.447 --> 00:45:42.086
but that's how I kind of

00:45:42.106 --> 00:45:43.668
look at it in terms of like what we are,

00:45:43.728 --> 00:45:44.449
what we deliver.

00:45:44.989 --> 00:45:46.570
No, we're not necessarily healers.

00:45:46.590 --> 00:45:47.530
We're not Reiki.

00:45:47.771 --> 00:45:49.172
We're not pretending to do, you know,

00:45:50.112 --> 00:45:52.414
I'm healing you with my energy,

00:45:52.454 --> 00:45:53.496
with my positive energy.

00:45:53.635 --> 00:45:54.476
Positive vibes.

00:45:55.324 --> 00:45:59.106
Yeah, so we're not necessarily healers.

00:45:59.847 --> 00:46:02.206
We do say we're Dr. Mo, we're Dr. Dave,

00:46:02.226 --> 00:46:03.268
we're Dr. Chris, whatever,

00:46:03.307 --> 00:46:04.487
like doctors in physical therapy.

00:46:04.527 --> 00:46:05.528
We're not gonna pretend like,

00:46:05.849 --> 00:46:07.289
we don't say we're physicians.

00:46:07.509 --> 00:46:08.570
We don't say we're MDs.

00:46:08.909 --> 00:46:09.710
We are therapists.

00:46:10.650 --> 00:46:11.471
We are professionals.

00:46:12.251 --> 00:46:13.391
Sometimes maybe we're healers.

00:46:14.072 --> 00:46:14.711
At the end of the day,

00:46:15.271 --> 00:46:15.952
we're professionals.

00:46:15.972 --> 00:46:17.472
We're professionals delivering a service.

00:46:19.059 --> 00:46:20.500
Yeah, I just thought of something, Dave,

00:46:20.539 --> 00:46:21.601
like what you're saying there.

00:46:21.621 --> 00:46:22.481
And I asked this question.

00:46:22.501 --> 00:46:23.282
I'll make an official

00:46:23.322 --> 00:46:24.784
LinkedIn poll when the live

00:46:24.804 --> 00:46:25.304
stream is over.

00:46:25.344 --> 00:46:26.264
But if the physical therapy

00:46:26.304 --> 00:46:27.746
profession had an animal mascot,

00:46:28.146 --> 00:46:29.987
what should it be?

00:46:30.007 --> 00:46:31.168
I think some of them would

00:46:31.208 --> 00:46:33.050
like to be rigid, non-changing,

00:46:33.090 --> 00:46:33.831
like a mule.

00:46:34.291 --> 00:46:35.271
I think some people would

00:46:35.291 --> 00:46:36.152
want to just walk in and

00:46:36.172 --> 00:46:36.893
just be brilliant.

00:46:36.913 --> 00:46:37.713
Like I know the answer.

00:46:37.733 --> 00:46:38.775
I'm going to tell you what the answer is,

00:46:38.795 --> 00:46:39.856
like an owl, right?

00:46:39.896 --> 00:46:40.335
Traditionally,

00:46:40.356 --> 00:46:42.237
if we're going to go stereotyping animals,

00:46:42.277 --> 00:46:43.177
I don't want PETA showing

00:46:43.219 --> 00:46:44.619
up on the podcast.

00:46:44.940 --> 00:46:46.201
But I would say a chameleon,

00:46:46.300 --> 00:46:48.141
like within a range.

00:46:48.976 --> 00:46:51.657
Within a range, you can or need, should be,

00:46:51.958 --> 00:46:53.018
should, not could, should,

00:46:53.057 --> 00:46:55.018
you need to be certain

00:46:55.039 --> 00:46:56.380
things for certain people.

00:46:56.679 --> 00:46:56.920
If,

00:46:57.619 --> 00:46:58.840
but all of us are going to be different

00:46:58.860 --> 00:46:59.420
chameleons.

00:46:59.440 --> 00:47:00.722
And I'm sure my buddy Emery,

00:47:00.742 --> 00:47:02.063
who's a zoology major,

00:47:02.443 --> 00:47:02.983
could tell me there's

00:47:03.043 --> 00:47:03.742
thirty seven different

00:47:03.762 --> 00:47:04.543
kinds of chameleons.

00:47:04.563 --> 00:47:05.844
Some change color, some do this.

00:47:06.465 --> 00:47:08.065
If it's outside your range, like, look,

00:47:08.126 --> 00:47:10.226
Dave and Tony are both PTs.

00:47:10.246 --> 00:47:11.306
They're both chameleons.

00:47:11.367 --> 00:47:11.606
Right.

00:47:11.987 --> 00:47:13.668
But it's too far of a

00:47:13.708 --> 00:47:14.909
stretch for Dave to want to

00:47:14.929 --> 00:47:15.628
do Tony's model.

00:47:15.809 --> 00:47:16.710
So don't do that.

00:47:17.809 --> 00:47:18.190
Don't do that.

00:47:18.210 --> 00:47:18.831
And vice versa.

00:47:18.911 --> 00:47:19.811
Don't do that.

00:47:20.152 --> 00:47:21.012
So there's a range.

00:47:21.333 --> 00:47:22.153
See what fits in it.

00:47:22.474 --> 00:47:24.114
Maybe your first job at a PT school.

00:47:24.135 --> 00:47:25.896
I mean, if I got some of this advice,

00:47:25.936 --> 00:47:26.898
maybe I'd still be in a clinic.

00:47:27.498 --> 00:47:29.139
But because I went to a few jobs, I'm like,

00:47:29.219 --> 00:47:29.980
nope, nope, nope.

00:47:30.079 --> 00:47:31.380
I'm out doing this weird other thing.

00:47:31.782 --> 00:47:32.362
I'm weird.

00:47:32.442 --> 00:47:33.182
Like, don't don't worry.

00:47:33.382 --> 00:47:34.083
You're not like me.

00:47:34.123 --> 00:47:34.483
You're better.

00:47:35.405 --> 00:47:37.246
But I think chameleon should be our mascot,

00:47:37.286 --> 00:47:38.286
which is what can you be

00:47:38.327 --> 00:47:39.248
for that person in front of you?

00:47:40.019 --> 00:47:40.920
So hundred percent agree.

00:47:41.081 --> 00:47:42.400
I've never agreed with Jimmy

00:47:42.440 --> 00:47:45.422
McKay more than this, then chameleon,

00:47:45.862 --> 00:47:47.704
because you have to be, you,

00:47:47.744 --> 00:47:49.505
you absolutely have to be a chameleon,

00:47:50.045 --> 00:47:51.365
especially like,

00:47:51.545 --> 00:47:52.206
I think you have to be

00:47:52.586 --> 00:47:53.766
maybe less of a chameleon.

00:47:54.027 --> 00:47:54.708
Maybe you could push back.

00:47:54.768 --> 00:47:55.708
Maybe it's another episode,

00:47:55.989 --> 00:47:57.510
maybe less of a chameleon with a,

00:47:57.610 --> 00:47:59.130
with Tony's model or with

00:47:59.150 --> 00:48:00.050
an insurance model.

00:48:00.251 --> 00:48:00.690
And you just,

00:48:00.891 --> 00:48:02.791
you accept like any insurance

00:48:03.172 --> 00:48:04.052
and here's the service,

00:48:04.092 --> 00:48:05.554
take it or leave it with us.

00:48:05.934 --> 00:48:07.496
We have people that are like, oh, well,

00:48:07.516 --> 00:48:09.376
if I'm paying two, three, whatever,

00:48:09.396 --> 00:48:11.259
hundred dollars per visit,

00:48:11.619 --> 00:48:12.699
they have higher expectations.

00:48:12.719 --> 00:48:15.081
They have higher desires.

00:48:15.101 --> 00:48:17.023
They're going to make their voices heard.

00:48:17.043 --> 00:48:18.806
They're going to demand certain things.

00:48:18.826 --> 00:48:20.827
Sometimes that actually disqualifies them,

00:48:20.867 --> 00:48:22.088
but it's a whole other conversation.

00:48:22.748 --> 00:48:24.150
I a hundred percent agree, chameleon.

00:48:26.135 --> 00:48:28.297
I was on Facebook yesterday.

00:48:28.559 --> 00:48:30.280
I think I shared a post

00:48:30.320 --> 00:48:32.364
yesterday and somebody who

00:48:32.744 --> 00:48:34.487
I love her to death, but she said,

00:48:35.527 --> 00:48:36.188
and I can't believe

00:48:36.228 --> 00:48:37.391
somebody is still saying this,

00:48:38.132 --> 00:48:39.934
people in my area won't pay cash.

00:48:40.860 --> 00:48:42.340
Everyone in my area won't pay cash.

00:48:42.360 --> 00:48:46.043
I think we've disproven that, you know,

00:48:46.864 --> 00:48:47.724
a hundred percent,

00:48:47.784 --> 00:48:49.385
but I'm not going to change your mind.

00:48:49.425 --> 00:48:50.686
I'm not going to try to change your mind.

00:48:51.606 --> 00:48:52.447
It's a false belief.

00:48:53.106 --> 00:48:53.907
Yeah, it is.

00:48:53.947 --> 00:48:54.728
Are they bartering?

00:48:54.768 --> 00:48:55.989
Are they bartering with, with,

00:48:56.088 --> 00:48:57.090
with vegetables that they

00:48:57.110 --> 00:48:57.670
grow in their garden?

00:48:57.710 --> 00:48:59.110
How are they getting gasoline?

00:48:59.351 --> 00:49:00.411
They won't pay cash.

00:49:00.492 --> 00:49:00.711
Okay.

00:49:01.721 --> 00:49:04.422
And then this morning though, I did share,

00:49:04.501 --> 00:49:06.103
and I know we're coming close to the end.

00:49:06.262 --> 00:49:08.344
I did share a post and I'm curious to see,

00:49:09.264 --> 00:49:10.545
we've established Dave's

00:49:10.704 --> 00:49:11.945
customer is the client.

00:49:12.005 --> 00:49:13.106
My customer is still the

00:49:13.146 --> 00:49:13.927
insurance company.

00:49:15.387 --> 00:49:16.588
I shared a post where I was like, you know,

00:49:16.608 --> 00:49:17.668
what's interesting to me,

00:49:18.188 --> 00:49:19.228
there are third party

00:49:19.248 --> 00:49:20.570
payers right now that

00:49:20.630 --> 00:49:21.530
require you to get

00:49:21.570 --> 00:49:23.710
authorization after you do the evaluation,

00:49:23.751 --> 00:49:24.672
if you want to continue to

00:49:24.711 --> 00:49:25.391
treat the patient.

00:49:25.911 --> 00:49:27.193
And I think anybody who

00:49:27.393 --> 00:49:29.213
watching this right now, hearing this,

00:49:30.153 --> 00:49:32.096
You probably already know if

00:49:32.255 --> 00:49:33.097
Anthem Blue Cross Blue

00:49:33.117 --> 00:49:34.998
Shield Medicare Advantage requires auth,

00:49:35.079 --> 00:49:37.400
I submit auth through AIM, A-I-M,

00:49:37.960 --> 00:49:38.762
what are you going to get?

00:49:39.123 --> 00:49:40.704
You're going to get an approval for four.

00:49:40.983 --> 00:49:42.545
You're going to get an approval for six.

00:49:42.585 --> 00:49:44.427
Like that's the typical approval.

00:49:44.807 --> 00:49:46.128
I think one time in the

00:49:46.168 --> 00:49:47.369
history of the universe,

00:49:47.409 --> 00:49:48.811
I got an approval for twelve.

00:49:49.231 --> 00:49:50.032
But generally,

00:49:50.052 --> 00:49:51.793
you're going to get four or six.

00:49:52.844 --> 00:49:54.525
So if I'm getting

00:49:54.806 --> 00:49:56.186
automatically the algorithm

00:49:56.226 --> 00:49:57.668
is spitting out, we'll give you four,

00:49:57.688 --> 00:49:58.369
we'll give you six.

00:49:58.389 --> 00:49:58.929
And then, of course,

00:49:58.949 --> 00:50:01.130
I can request more and I'll get two,

00:50:01.510 --> 00:50:01.851
you know,

00:50:01.891 --> 00:50:05.673
but that should be assigned to us to say,

00:50:05.853 --> 00:50:06.195
OK,

00:50:06.275 --> 00:50:08.596
the systems on the third party payer

00:50:08.675 --> 00:50:10.757
side are set up and designed to say, OK.

00:50:11.157 --> 00:50:12.518
This is what we are approving.

00:50:12.557 --> 00:50:13.918
This is what we are expecting.

00:50:13.958 --> 00:50:15.179
This is what we were doing.

00:50:15.798 --> 00:50:15.978
Now,

00:50:16.139 --> 00:50:18.099
where I find it funny is what do you

00:50:18.139 --> 00:50:19.420
think those therapists

00:50:19.480 --> 00:50:21.300
requesting their plan of

00:50:21.360 --> 00:50:23.320
care visit number is?

00:50:23.822 --> 00:50:26.422
Twelve, eighteen, twenty four, thirty six,

00:50:26.501 --> 00:50:28.123
you know, which, of course,

00:50:28.163 --> 00:50:28.882
I think it's funny that

00:50:28.902 --> 00:50:30.663
it's always twelve, eighteen, twenty four,

00:50:30.702 --> 00:50:31.264
thirty six.

00:50:31.583 --> 00:50:32.583
It's never seventeen.

00:50:32.623 --> 00:50:33.483
It's not six.

00:50:33.704 --> 00:50:35.985
You know, it's these round numbers, you

00:50:37.418 --> 00:50:39.702
I think that is our biggest sign to say,

00:50:39.742 --> 00:50:41.083
hey, the algorithms,

00:50:41.123 --> 00:50:42.925
which really is what insurance is,

00:50:43.286 --> 00:50:44.367
they're looking at charts,

00:50:44.387 --> 00:50:45.449
they're looking at numbers,

00:50:45.811 --> 00:50:47.713
where do we expect this to fall?

00:50:49.454 --> 00:50:50.494
they're telling us this is

00:50:50.534 --> 00:50:51.914
what we're here to buy.

00:50:52.014 --> 00:50:53.235
And it's like a customer.

00:50:53.496 --> 00:50:56.376
So if you take a customer who says, hey,

00:50:56.697 --> 00:50:58.197
I want to buy a widget,

00:50:58.757 --> 00:51:00.478
how much is that going to cost me?

00:51:00.597 --> 00:51:02.338
Versus the customer who says,

00:51:02.898 --> 00:51:04.360
I'll pay you ten bucks for a widget.

00:51:04.420 --> 00:51:05.320
What are you going to give me?

00:51:06.041 --> 00:51:09.061
Dave's world, the customer is saying,

00:51:09.702 --> 00:51:10.922
I need to feel better.

00:51:11.101 --> 00:51:12.182
I need to walk better.

00:51:12.262 --> 00:51:13.202
I need to do better.

00:51:13.722 --> 00:51:14.784
What is it going to cost me?

00:51:15.503 --> 00:51:17.144
My world, third party payer is,

00:51:18.400 --> 00:51:20.001
I'm deciding what can I give

00:51:20.021 --> 00:51:21.782
for ten dollars, you know?

00:51:21.842 --> 00:51:23.583
And so obviously my world is

00:51:23.664 --> 00:51:26.105
incentivized by its nature

00:51:26.686 --> 00:51:29.027
to find the lowest possible

00:51:30.307 --> 00:51:31.809
widget that I could deliver

00:51:31.849 --> 00:51:33.389
at the lowest possible cost

00:51:33.431 --> 00:51:35.891
to satisfy the dollar

00:51:35.931 --> 00:51:37.012
amount being offered.

00:51:37.052 --> 00:51:39.474
Whereas Dave's world is

00:51:39.534 --> 00:51:40.956
incentivized to give the

00:51:41.056 --> 00:51:42.876
highest possible value to

00:51:42.956 --> 00:51:45.119
deliver the the exceptional experience.

00:51:45.878 --> 00:51:46.659
And I'm OK with that.

00:51:46.938 --> 00:51:48.900
You know, again, I am OK with that.

00:51:48.960 --> 00:51:49.960
I am very happy as a

00:51:50.000 --> 00:51:51.601
therapist delivering the

00:51:51.760 --> 00:51:54.862
lowest possible cost to

00:51:54.981 --> 00:51:56.523
secure the income that I

00:51:56.583 --> 00:51:59.523
agree to accept for what I am delivering.

00:51:59.963 --> 00:52:00.224
You know,

00:52:00.264 --> 00:52:01.523
and I think we need providers at

00:52:01.563 --> 00:52:04.244
both ends of that.

00:52:04.324 --> 00:52:05.985
Agreed.

00:52:06.065 --> 00:52:06.385
All right.

00:52:06.405 --> 00:52:07.606
Are we doing closing thoughts,

00:52:08.027 --> 00:52:08.786
farting shots?

00:52:10.179 --> 00:52:11.278
Parting shots.

00:52:11.358 --> 00:52:12.659
I want to come back to the

00:52:12.778 --> 00:52:14.780
luxury personal training on Tuesday.

00:52:14.800 --> 00:52:16.320
We ran out of time.

00:52:16.340 --> 00:52:17.519
We didn't share that image.

00:52:18.239 --> 00:52:19.701
We can preview it.

00:52:19.760 --> 00:52:20.380
I'll go.

00:52:20.521 --> 00:52:21.181
I'll go first.

00:52:21.481 --> 00:52:21.940
Yeah, there we go.

00:52:21.960 --> 00:52:22.760
A little teaser.

00:52:22.981 --> 00:52:23.521
I'll go first.

00:52:24.722 --> 00:52:27.282
I felt like a chameleon back in twenty.

00:52:29.242 --> 00:52:30.663
Sixteen, I had, you know,

00:52:30.682 --> 00:52:31.902
initial had failed and I was like,

00:52:31.983 --> 00:52:33.443
I got to do and I was kind

00:52:33.463 --> 00:52:34.342
of scrambling for a couple

00:52:34.362 --> 00:52:35.123
of different jobs.

00:52:36.184 --> 00:52:37.963
I was doing an outpatient pediatric.

00:52:38.523 --> 00:52:39.144
part-time job,

00:52:39.264 --> 00:52:42.206
I was doing sensory integration and stuff,

00:52:43.088 --> 00:52:46.190
stuff that my wife is great with.

00:52:46.331 --> 00:52:47.152
I was doing coverage for a

00:52:47.192 --> 00:52:49.514
buddy's one-on-one outpatient office.

00:52:49.534 --> 00:52:51.094
So that was out of network and self-pay.

00:52:51.635 --> 00:52:52.396
And then eventually,

00:52:52.476 --> 00:52:53.916
I was doing the home visits

00:52:53.956 --> 00:52:54.717
through another company.

00:52:55.018 --> 00:52:56.398
So at some point, I was doing two,

00:52:56.420 --> 00:52:57.641
three jobs at the same time.

00:52:58.141 --> 00:52:59.422
And I absolutely was a chameleon.

00:53:00.443 --> 00:53:01.923
And the folks that I think,

00:53:01.983 --> 00:53:03.005
the therapists out there,

00:53:03.085 --> 00:53:04.907
anyone that's a health care

00:53:04.927 --> 00:53:05.586
provider or whatever,

00:53:06.387 --> 00:53:08.889
if you're able to be nimble

00:53:09.369 --> 00:53:11.869
and navigate different

00:53:11.909 --> 00:53:12.911
experiences learn from

00:53:12.951 --> 00:53:13.851
different experiences even

00:53:13.891 --> 00:53:14.911
if you have to take a job

00:53:14.951 --> 00:53:15.791
or you're working somewhere

00:53:16.391 --> 00:53:17.211
and there's too many

00:53:17.271 --> 00:53:18.492
patients booked per hour or

00:53:18.572 --> 00:53:19.992
per day or whatever like

00:53:20.554 --> 00:53:21.293
you got to learn from that

00:53:21.414 --> 00:53:22.534
and and and if you don't

00:53:22.554 --> 00:53:23.434
like it find something

00:53:23.454 --> 00:53:24.295
that's different it's out

00:53:24.335 --> 00:53:25.034
there like if you don't

00:53:25.054 --> 00:53:25.996
like tony's model find

00:53:26.016 --> 00:53:26.655
something that's different

00:53:26.675 --> 00:53:27.657
if you don't like my model

00:53:28.177 --> 00:53:28.916
and you don't like that you

00:53:28.936 --> 00:53:30.478
got to like confirm and you

00:53:30.498 --> 00:53:31.797
know you got to book your

00:53:31.818 --> 00:53:33.219
own patients and build your own schedule

00:53:34.018 --> 00:53:35.519
like then you got to find

00:53:35.619 --> 00:53:37.001
like Tony's model and you

00:53:37.021 --> 00:53:37.782
have a front desk person,

00:53:37.822 --> 00:53:38.702
like Mrs. Meritato,

00:53:38.722 --> 00:53:39.324
who's going to book your

00:53:39.344 --> 00:53:40.164
business for you or whatever.

00:53:40.505 --> 00:53:41.545
So like, you know,

00:53:41.786 --> 00:53:43.246
you got to find what's best

00:53:43.266 --> 00:53:43.907
for you out there.

00:53:44.487 --> 00:53:44.648
Um,

00:53:45.048 --> 00:53:46.409
and you can only do that sometimes

00:53:46.449 --> 00:53:48.110
through resistance or

00:53:48.210 --> 00:53:51.293
issues and challenges and, uh, you know,

00:53:51.434 --> 00:53:53.135
things that are not great in the,

00:53:53.376 --> 00:53:54.056
in the short term,

00:53:54.175 --> 00:53:55.418
but in the longterm you learn from it.

00:53:55.478 --> 00:53:55.777
So, um,

00:53:56.378 --> 00:53:57.679
uh I cannot believe like

00:53:57.699 --> 00:53:58.599
because I used to consider

00:53:58.619 --> 00:53:59.760
myself and I would say in

00:53:59.780 --> 00:54:00.719
my head like that I was

00:54:00.760 --> 00:54:01.681
like a chameleon at that

00:54:01.721 --> 00:54:02.701
time twenty sixteen twenty

00:54:02.740 --> 00:54:03.402
seventeen going through

00:54:03.422 --> 00:54:04.842
that transition I cannot

00:54:04.862 --> 00:54:06.682
believe that jimmy said

00:54:06.722 --> 00:54:07.943
chameleon as the physical

00:54:07.963 --> 00:54:10.364
therapy mascot uh and yes

00:54:10.385 --> 00:54:11.865
uh he is a hundred percent

00:54:11.905 --> 00:54:13.766
right with that we should

00:54:13.786 --> 00:54:14.907
make a flag we should be

00:54:14.987 --> 00:54:15.987
I'll create our logo

00:54:18.184 --> 00:54:18.784
I would reiterate,

00:54:18.824 --> 00:54:19.865
my parting shot would be

00:54:20.887 --> 00:54:22.489
make sure you understand

00:54:22.509 --> 00:54:24.010
that you're selling a

00:54:24.050 --> 00:54:24.992
solution for the problem

00:54:25.012 --> 00:54:26.114
that the person you're

00:54:26.153 --> 00:54:27.536
trying to help actually has.

00:54:28.115 --> 00:54:29.398
I mean, I learned this in really,

00:54:29.577 --> 00:54:31.199
really different context

00:54:31.219 --> 00:54:31.820
when I was working for

00:54:31.880 --> 00:54:33.382
Mount Sinai and working at

00:54:33.402 --> 00:54:35.085
a rehab innovation lab.

00:54:35.204 --> 00:54:35.985
I worked in a lab.

00:54:36.717 --> 00:54:37.577
That's weird, right?

00:54:37.677 --> 00:54:38.597
Even to say out loud now.

00:54:38.878 --> 00:54:40.099
But it was a great experience.

00:54:40.139 --> 00:54:40.958
And most of the time,

00:54:41.278 --> 00:54:42.358
these technology companies

00:54:42.378 --> 00:54:44.059
would come in to help these

00:54:44.259 --> 00:54:46.320
disabled people with this solution.

00:54:46.940 --> 00:54:48.239
And David Petrino,

00:54:48.280 --> 00:54:49.219
who is the physio who was

00:54:49.239 --> 00:54:50.199
in charge of the lab, would be like,

00:54:50.500 --> 00:54:51.320
how many people on your

00:54:51.360 --> 00:54:52.300
board of directors or in

00:54:52.320 --> 00:54:53.601
your organization have that

00:54:53.621 --> 00:54:55.161
disability and live with it every day?

00:54:55.300 --> 00:54:57.501
And often the answer was round and zero.

00:54:57.862 --> 00:54:58.422
And then he would bring

00:54:58.442 --> 00:54:59.302
those people in and say,

00:54:59.561 --> 00:55:00.382
here's a great solution.

00:55:00.402 --> 00:55:01.342
It's going to solve all your problems.

00:55:01.362 --> 00:55:02.501
It's going to be a billion dollar idea.

00:55:02.862 --> 00:55:03.483
And they would say that

00:55:03.583 --> 00:55:04.523
isn't even in our top

00:55:04.623 --> 00:55:05.943
thirty problems every day.

00:55:06.282 --> 00:55:07.943
Like, I don't care about this problem.

00:55:08.463 --> 00:55:09.445
Never mind your solution.

00:55:09.465 --> 00:55:10.164
Like, think about that.

00:55:10.405 --> 00:55:11.065
I don't care about what you

00:55:11.085 --> 00:55:11.945
think is a problem.

00:55:12.327 --> 00:55:14.047
So what are you solving?

00:55:14.327 --> 00:55:15.608
Who do you want to solve it for?

00:55:15.688 --> 00:55:16.568
And then work backwards.

00:55:16.588 --> 00:55:17.630
It's actually a lot easier

00:55:17.650 --> 00:55:18.530
when you do that instead of

00:55:18.550 --> 00:55:20.010
trying to jam your model

00:55:20.471 --> 00:55:21.771
down someone else's pocketbook.

00:55:23.041 --> 00:55:23.681
All right, guys.

00:55:23.721 --> 00:55:25.340
Kendrick, thank you so much.

00:55:25.382 --> 00:55:26.181
Kendrick's here from the

00:55:26.222 --> 00:55:27.362
mental health space.

00:55:27.641 --> 00:55:27.961
Listen,

00:55:28.021 --> 00:55:28.922
whenever you have a choice to go

00:55:28.942 --> 00:55:30.222
with Drake or Kendrick,

00:55:30.282 --> 00:55:32.123
you go with Kendrick, people.

00:55:32.163 --> 00:55:33.603
You go with Kendrick.

00:55:33.623 --> 00:55:33.983
Kendrick,

00:55:34.023 --> 00:55:36.403
can you comment also live how you

00:55:36.443 --> 00:55:37.123
heard about this?

00:55:37.563 --> 00:55:39.643
I'm curious as to how you,

00:55:39.864 --> 00:55:41.045
you're in the mental health space.

00:55:41.385 --> 00:55:41.864
Wonderful.

00:55:41.925 --> 00:55:42.405
Welcome in.

00:55:43.045 --> 00:55:43.945
Let us know how you found us,

00:55:44.025 --> 00:55:45.126
whether it was PT Pinecast

00:55:45.166 --> 00:55:46.025
or Learn Medicare Billing

00:55:46.065 --> 00:55:46.706
or Dave Kittle Show.

00:55:47.141 --> 00:55:48.382
Yeah, we need more people like that.

00:55:48.503 --> 00:55:50.023
And while we're waiting on that,

00:55:50.063 --> 00:55:51.764
as soon as Kendrick does that,

00:55:51.804 --> 00:55:52.764
we'll wrap the show.

00:55:52.824 --> 00:55:55.385
But, you know,

00:55:55.425 --> 00:55:58.326
the greatest advantage we have,

00:55:58.385 --> 00:55:59.467
which is also probably the

00:55:59.487 --> 00:56:01.286
greatest detriment we have,

00:56:01.847 --> 00:56:04.027
is the fact that we can do anything.

00:56:04.548 --> 00:56:04.869
You know,

00:56:04.929 --> 00:56:06.688
we can do anything within the profession,

00:56:06.809 --> 00:56:09.010
everything from pediatric to geriatric,

00:56:09.030 --> 00:56:10.751
from neuro to ortho, from everything.

00:56:10.951 --> 00:56:12.871
healing and Reiki to, you know,

00:56:13.411 --> 00:56:15.432
no scientific clinical stuff.

00:56:16.353 --> 00:56:17.813
There are therapists that

00:56:17.853 --> 00:56:19.414
can do everything.

00:56:19.454 --> 00:56:20.755
Um,

00:56:21.554 --> 00:56:23.856
we don't have definitive direction with

00:56:23.896 --> 00:56:25.996
that, but we also have then the freedom.

00:56:26.697 --> 00:56:29.918
So, all right, guys, what,

00:56:29.938 --> 00:56:31.199
what the line from Jurassic park,

00:56:31.219 --> 00:56:32.039
your scientists were so

00:56:32.079 --> 00:56:33.139
concerned of if they could,

00:56:33.179 --> 00:56:34.780
they didn't stop to think if they should.

00:56:35.389 --> 00:56:36.630
Yes, exactly.

00:56:37.371 --> 00:56:37.751
All right.

00:56:37.771 --> 00:56:40.054
We'll let Kendrick leave a comment later.

00:56:40.215 --> 00:56:41.076
I'm going to wrap it up.

00:56:41.155 --> 00:56:43.217
Come back Tuesday, Thursday, every morning,

00:56:43.318 --> 00:56:44.219
eight thirty a.m.

00:56:44.398 --> 00:56:44.920
Eastern.

00:56:45.420 --> 00:56:47.862
We will see you guys on the next episode.