Episode #56

20/20 Money Episode # 56 – Starting a Practice Cold While a 4th Year: The Success Story of Dr. Hannah Cho

December 2, 2019

Hello, and welcome to this episode of 20/20 Money! My guest on today’s show is Dr. Hannah Cho, OD.

Hannah joins the show today to talk about the journey she’s had in private practice, going all the way back to when she started the practice cold while still a 4th year optometry student (and also shortly after having her first child). She talks about why establishing culture very early on in your practice is one of the key factors in delivering a WOW! patient experience and why that begins at the hiring level. She also shares the different avenues (the good, bad, and ugly!) she’s used to grow her patient base and why and how Yelp has been a great driver of new pts for the practice. She also shares what she sees for the future of optometry and how technology is helping growing access to care and why ODs should think of technology not as a threat to their practice modality but as another tool to leverage the pt experience…and how this belief has actually influenced her to ultimately sell her practice and focus all of her time on another business that she’s created to help ODs that don’t necessarily want to spend time working ON their practice leverage technology to help them run the back office.

As always, you can get all the information discussed in today’s conversation by visiting our website at integratedpwm.com and clicking on the Learning Center. While there, you can also set up a 15min pre-discovery conversation to learn a little bit more about what it means to work with our firm or check out any number of additional free resources like our eBooks and on-demand webinars and also sign up for our newsletter.

Start Planning Today

Don’t miss out on exclusive access to financial tips, strategies, and expert-led webinars. Subscribe to the “Planning Life, On Purpose” newsletter today and stay ahead of the planning curve!

And with that introduction, I hope you enjoy my conversation with Dr. Hannah Cho.

Resources:

www.floeppm.com

https://www.youtube.com/playlist?list=PLN7NjiwtKIyBTUJuiA5d17_J7NVmxjGe9

https://www.youtube.com/playlist?list=PLN7NjiwtKIyCFPW0VkEcIHwp56ZHcDzM2

Episode Transcript

Enjoy our content? Subscribe for regular updates!

Related Podcasts

Why you can’t ignore AI as a practice owner (and a beginner’s path to using it) with Eugene Shatsman

Eugene joins me to talk about how artificial intelligence is showing up in optometry and why there’s a growing gap…

  • Practice Management
Getting unstuck from the messy middle of business operations with Mandy Brown

Ever feel like you’re stuck in the “messy middle” and on the operations “hamster wheel” in your practice? If so,…

  • Practice Management
Design tips to maximize the patient experience (and thus your profitability) with Bill Gerber

You know optical design is important, but you also know it’s complicated. Where do you begin? How much should you…

  • Practice Management
PREVIEW: The Optometry Success Podcast – Reducing business risk when adding associate ODs in an established practice

Adding associate ODs in an established practice feels risky. Let’s go from risky to empowering! In this episode, we explore…

  • Buy or Sell a Practice, Practice Management
Why value creation matters more than timing your exit: a conversation with Tom Turmell

If you wait until you’re ready to sell to start planning, you’re already late. My guest on today’s show is…

  • Practice Management
How one owner left his practice for 30 days—and why more owners should consider it

If you’ve ever felt chained to your practice and the thought of stepping away for an extended period of time…