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    medicalaestheticindustry

    Explore "medicalaestheticindustry" with insightful episodes like "5 Things the Most Successful Salespeople Do", "From Mediocre to Million-Dollar Practice Using Al", "The Secrets to Selling Your Med Spa: Insights from a Leading Industry CEO", "My Entrepreneurial Journey: 7 Lessons Learned Along the Way" and "Creating New Revenue Streams with Non-Invasive Hair Loss Solutions With Drew Fine" from podcasts like ""InTouch with Terri", "InTouch with Terri", "InTouch with Terri", "InTouch with Terri" and "InTouch with Terri"" and more!

    Episodes (35)

    5 Things the Most Successful Salespeople Do

    5 Things the Most Successful Salespeople Do

    In this insightful episode of "In Touch with Terri," host Terri Ross shares her "zone of genius" with listeners, focusing on the top five habits of the most successful salespeople. Engaging and knowledgeable, Terri reframes the concept of salesmanship within the medical aesthetic practice as an activity rooted in service and education, not just transactions. She taps into her extensive experience to deliver actionable strategies that transform how practices can approach sales, client relationships, and growth.

    Terri discusses the importance of creating lasting relationships, staying ahead of industry trends, being persuasive, maintaining a resilient mindset, and holding oneself accountable. She emphasizes the significance of continuous learning and adaptability in the ever-evolving field of medical aesthetics. With a combination of personal anecdotes and professional guidance, this episode offers valuable insights, whether you're at the front desk or managing an entire practice.

    Key Takeaways:

    • Relationship Building: Establishing and nurturing profound relationships with clients is fundamental to successful sales in medical aesthetics.
    • Continuous Innovation: Staying informed about industry trends and constantly evolving one's approach is key to staying competitive.
    • Persuasive Education: A salesperson's ability to educate and influence client decisions is rooted in a firm belief in their offerings and the quality of care provided.
    • Resiliency: A resilient mindset is crucial to overcome the challenges of rejection and adapt to learning opportunities.
    • Accountability: Setting SMART goals and measuring performance against KPIs can significantly impact a practice's success.

    If you are ready to create change and want to learn more about APX, please visit www.apxplatform.com to schedule a discovery call.

    Please visit our youtube channel at: www.youtube.com/channel/UCxOkt_vcZd4lXKwcGbgMYaQ

    If you found this episode valuable, please share this with a friend or colleague that would benefit from listening.

    From Mediocre to Million-Dollar Practice Using Al

    From Mediocre to Million-Dollar Practice Using Al

    About The Guest(s): Dr. Shitel Patel is a double board-certified plastic surgeon and the owner and founder of Lift Plastic Surgery in Houston. He is also the owner and founder of Advital, a business intelligence CRM for aesthetic medicine and a medical lead management system.

    Episode: Summary: Dr. Shitel Patel discusses the importance of embracing AI and technology in the aesthetic medicine industry. He shares his journey as a plastic surgeon and the challenges he faced in building his practice. Dr. Patel explains how Advital, his software company, helps practices improve their marketing, communication, and patient journey. He emphasizes the need for accountability and process in running a successful practice and highlights the power of AI in lead management and conversion. Dr. Patel also discusses the future of AI in the industry and the importance of continuous improvement and adaptation.

    Key Takeaways:

    - Embrace AI and technology to improve marketing, communication, and patient journey.

    - Accountability and process are essential for running a successful practice.

    - AI can help manage leads, improve response times, and automate follow-ups.

    - The fortune is in the follow-up; consistent and meaningful communication with patients is   crucial.

    - The successful practice has a well-defined process for consultations, pre- and post-operative care.

    If you are ready to create change and want to learn more about APX, please visit www.apxplatform.com to schedule a discovery call.

    Please visit our youtube channel at: www.youtube.com/channel/UCxOkt_vcZd4lXKwcGbgMYaQ

    If you found this episode valuable, please share this with a friend or colleague that would benefit from listening.

    The Secrets to Selling Your Med Spa: Insights from a Leading Industry CEO

    The Secrets to Selling Your Med Spa: Insights from a Leading Industry CEO
    About The Guest(s):
    Dan Schacter is the CEO of Cosmetic Physician Partners (CPP), one of the largest partnerships of med spas and plastic surgery practices in the nation. With over 30 locations, CPP's leadership team has built one of Canada's largest and highest-rated MedSpa networks, Victoria Park. Dan brings a data-driven approach to the industry and focuses on the importance of culture and people in running successful clinics.
    Summary:
    In this episode, Terri Ross interviews Dan Schacter, the CEO of Cosmetic Physician Partners (CPP), about the process of selling a med spa or plastic surgery practice. Dan shares insights on when the right time to sell might be, the factors that affect valuation, and the importance of culture and people in running a successful clinic. He also provides tips for preparing for a sale and finding the right partner.
    Key Takeaways:
    • The right time to sell a practice depends on factors such as whether you're still having fun, if your business is still growing, and if you've prepared yourself for the sale.
    • Valuation is determined by factors such as EBITDA (earnings before interest, tax, depreciation, and amortization) and the multiple applied to it.
    • Factors that can increase valuation include having multiple providers, being located in a growing region, and having a higher percentage of med spa revenue.
    • It's important to get your financials in order and clean up any accounting issues before a sale.
    • Communication and community are key to running a successful clinic, and it's important to find a partner who values these aspects.

    If you are ready to create change and want to learn more about APX, please visit www.apxplatform.com to schedule a discovery call.

    Please visit our youtube channel at: www.youtube.com/channel/UCxOkt_vcZd4lXKwcGbgMYaQ

    If you found this episode valuable, please share this with a friend or colleague that would benefit from listening.

    My Entrepreneurial Journey: 7 Lessons Learned Along the Way

    My Entrepreneurial Journey: 7 Lessons Learned Along the Way

    Summary: In this episode, Terri Ross shares seven valuable lessons she has learned throughout her entrepreneurial journey in the aesthetic space. She emphasizes the importance of adaptability, resilience, positive team culture, networking, continuous learning, time management, and work-life balance. Terri's personal experiences and insights provide valuable guidance for entrepreneurs and professionals in the industry.

    Key Takeaways:

    • Lesson 1: Adaptability is crucial for success as an entrepreneur, as it allows you to navigate changing circumstances and market conditions.
    • Lesson 2: Resilience is paramount to overcome challenges and setbacks, and it is essential to maintain a deep belief in yourself and your purpose.
    • Lesson 3: Establishing a positive team culture is vital for building a successful organization, and it requires effective leadership, communication, and recognition of team members' contributions.
    • Lesson 4: Networking is essential for professional growth and can open doors to new opportunities and partnerships.
    • Lesson 5: Continuous learning is key to staying informed, acquiring new skills, and adapting to the evolving business landscape.
    • Lesson 6: Time management is crucial for balancing work and personal life, and effective time blocking can enhance productivity and create more freedom.
    • Lesson 7: Work-life balance is essential for personal well-being and maintaining meaningful relationships, and it is important to prioritize self-care and quality time with loved ones.

    If you are ready to create change and want to learn more about APX, please visit www.apxplatform.com to schedule a discovery call.

    Please visit our youtube channel at: www.youtube.com/channel/UCxOkt_vcZd4lXKwcGbgMYaQ

    If you found this episode valuable, please share this with a friend or colleague that would benefit from listening.

    Creating New Revenue Streams with Non-Invasive Hair Loss Solutions With Drew Fine

    Creating New Revenue Streams with Non-Invasive Hair Loss Solutions With Drew Fine

    Terri Ross interviews Drew Fine, a Fractional Executive and Advisor for Get Hair MD. They discuss the non-invasive hair loss solutions offered by Get Hair MD and how it can be a profitable revenue stream for aesthetic practices. Drew shares his background in the aesthetic space and his experience working with major companies in the industry. He explains the history and business model of Get Hair MD, which focuses on licensing their suite of solutions and protocols to aesthetic practices.

    The goal is to create a brand new hair vertical within these practices, offering exclusive territories and marketing support. Drew highlights the target audience for Get Hair MD, which includes patients suffering from hair loss and thinning hair. He emphasizes the non-invasive nature of the treatments and the high completion rate of the protocol. Drew also discusses the training and marketing support provided by Get Hair MD, including social media advertising and influencer partnerships. The episode concludes with a call to action for interested practitioners to reach out to Drew for more information.

    Key Takeaways:

    • Get Hair MD offers non-invasive hair loss solutions for aesthetic practices.
    • The business model involves licensing the suite of solutions and protocols to practices, providing exclusive territories and marketing support.
    • The target audience includes patients with hair loss and thinning hair, who are looking for non-invasive treatments.
    • The protocol has a high completion rate and can be customized to fit into existing treatment offerings.
    • Get Hair MD provides training and marketing support, including social media advertising and influencer partnerships.

    If you are ready to create change and want to learn more about APX, please visit apxplatform.com to schedule a discovery call.

    Please visit our youtube channel at: www.youtube.com/channel/UCxOkt_vcZd4lXKwcGbgMYaQIf you found this episode valuable, please share this with a friend or colleague that would benefit from listening.

    The Value of Training, Data, and KPIs

    The Value of Training, Data, and KPIs

    **Key Takeaways:**

    1. Understanding the financials and data of a practice is crucial for success in the aesthetic medicine industry.
    2. Developing a treatment plan and effectively communicating with patients can lead to better patient retention and increased revenue.
    3. Continuous learning and improvement are essential for staying competitive in the field.
    4. Asking hard questions and negotiating job terms are important steps when joining a practice.
    5. Conversion rates play a significant role in practice growth and should be regularly monitored and improved.

    Dr. David Turer, a plastic and reconstructive surgeon, joins Terri to discuss the challenges and best practices in the aesthetic medicine industry. Dr. Turer shares his journey from engineering to medicine and how he navigated the business side of running a practice. He emphasizes the importance of understanding the financials and data of a practice, as well as the need for continuous learning and improvement. Dr. Turer also highlights the significance of developing a treatment plan and effectively communicating with patients to achieve their desired results. 


    If you are ready to create change and want to learn more about APX, please visit apxplatform.com to schedule a discovery call.

    Please visit our youtube channel at: www.youtube.com/channel/UCxOkt_vcZd4lXKwcGbgMYaQ

    If you found this episode valuable, please share this with a friend or colleague that would benefit from listening.

    6 Proven Methods to Increase Outcomes & Profit

    6 Proven Methods to Increase Outcomes & Profit

    Key Takeaways:

    1. Sales training is an investment with a high return on investment for aesthetic practices.
    2. Providers have an obligation to diagnose and provide comprehensive treatment plans for patients.
    3. Effective sales training can build trust, increase revenue per hour, and improve patient retention and lifetime value.

    In this episode, Terri discusses the importance and value of sales training for aesthetic practices. She emphasizes that as providers, it is their obligation to diagnose and provide the best possible treatment plan for patients. Terri shares her own background in sales and highlights the need for comprehensive and holistic treatment plans in aesthetic medicine. She also addresses common misconceptions and fears around sales in the industry. Terri provides insights into the six proven methods of what sales training can do for a practice, including building trust, increasing revenue per hour, and improving patient retention and lifetime value.

    If you are ready to create change and want to learn more about APX, please visit apxplatform.com to schedule a discovery call.

    Please visit our youtube channel at: www.youtube.com/channel/UCxOkt_vcZd4lXKwcGbgMYaQ


    If you found this episode valuable, please share this with a friend or colleague that would benefit from listening.

    The Value of Patient Education & Engagement

    The Value of Patient Education & Engagement

    Tune in to this episode of In Touch with Terri as she shares some exciting news about the recent merger that just took place between APX Platform and Engage Technologies Group and how the addition of the patient engagement feature along with APX’s practice optimization provides a comprehensive practice performance system that will
    revolutionize the medical aesthetics industry.

    Terri will take a deep dive into the value of patient engagement, the critical gap that currently exists in the industry, how it can differentiate your practice and give you a competitive edge, and enhance the patient experience by fostering buy-in, helping to provide education which makes them more informed and proving a higher patient conversion ratio.

    If you are ready to create change and want to learn more about APX, please visit apxplatform.com to schedule a discovery call.

    Please visit our youtube channel at: www.youtube.com/channel/UCxOkt_vcZd4lXKwcGbgMYaQ

    If you found this episode valuable, please share this with a friend or colleague that would benefit from listening.

    Leveraging Patient Financing with Care Credit to Build Your Practice Revenue and Retention

    Leveraging Patient Financing with Care Credit to Build Your Practice Revenue and Retention

    Join Terri Ross for this informative episode of InTouch with Terri as she sits down with Nick Mattia of Care Credit to talk about the importance of offering patient financing solutions in your medical aesthetic practice. 

    We’ve all been watching the economy for signs of a recession. You might have questions and be wondering what you can do to prepare yourself for patients who may be hesitant to spend? We’ve got answers, so you’ll want to listen to this power-packed podcast to learn how patient financing can play a significant role in recession-proofing your practice.

    f you are ready to create change and want to learn more about APX, please visit https://apxplatform.com to schedule a discovery call.


    Please visit our youtube channel at: https://www.youtube.com/channel/UCxOkt_vcZd4lXKwcGbgMYaQ

    If you found this episode valuable, please share this with a friend or colleague that would benefit from listening.

     

     

    Trends in Men’s Skincare & Grooming

    Trends in Men’s Skincare & Grooming

    Tune in to this high-energy, dynamic episode of InTouch with Terri as she sits down with Drew Plotkin, Emmy award-winning producer; author; and marketing guru to some of the biggest names in beauty, consumer goods, and entertainment industry – as well as the Founder and CDO (Chief Dude Officer) of men’s skincare line DERM DUDE.

    Terri and Drew dish about:

    • His rise to the top of the mens’ grooming industry

    • The latest trends and areas of opportunities over the next 5-10 years in men’s skincare and grooming

    • What actions aesthetic practices can take now to prepare for those changes

    • And finally how aesthetic practices can better reach the male demographic in creative and innovative ways.

    If you are ready to create change and want to learn more about APX, please visit https://apxplatform.com to schedule a discovery call.

    Please visit our youtube channel at: https://www.youtube.com/channel/UCxOkt_vcZd4lXKwcGbgMYaQ

    If you found this episode valuable, please share this with a friend or colleague that would benefit from listening. 

    How to Manage Risk in Your Aesthetic Practice

    How to Manage Risk in Your Aesthetic Practice

    Tune in to this engaging episode of InTouch with Terri as she sits down with Leslie Tracey, the founder of the first financial practice solely focused on the medical aesthetic space. Leslie’s lifelong passion is helping women in the medical aesthetics industry protect their practices, retain and attract the best employees, and create an exit strategy on their own terms. She focuses on bringing the very unsexy topic of risk management into every business building and exit conversation to ensure her clients make the smartest business decisions possible. 

    Download Leslie's Risk Management Checklist Here: https://www.traceydonavan.com/riskmanagementchecklist

    If you are ready to create change and want to learn more about APX, please visit https://apxplatform.com to schedule a discovery call.

    Please visit our youtube channel at: https://www.youtube.com/channel/UCxOkt_vcZd4lXKwcGbgMYaQ

    If you found this episode valuable, please share this with a friend or colleague that would benefit from listening. 

    Building and Scaling an Aesthetics Brand

    Building and Scaling an Aesthetics Brand

    Tune in to this brand new episode of InTouch with Terri as she sits down with Eric Casaburi, founder and CEO of Serotonin Centers to talk about building and scaling a brand in the aesthetic space.  Terri and Eric have an enlightening conversation about his entrepreneurial spirit and journey and his passion for advancing the health and well being for men and women. 

    • You’ll hear how after spending 15+ years growing on the most nationally recognized fitness brands—with over 150 gyms, serving 500,000+ members, across 16 states under his leadership, Eric noticed many health and fitness enthusiasts were fighting an uphill battle against their own aging process and were no longer getting the results they expected from their efforts.

    • Wanting to give them a solution to recalibrate, Eric founded Serotonin Anti-Aging Centers in 2021–giving members and clients a road map for their lifelong wellness journey, no matter where they are on the continuum. 

    • He has since built and scaled an incredible brand and has more than 40 new franchise locations in development.

    If you are ready to create change and want to learn more about APX, please visit https://apxplatform.com to schedule a discovery call.

    Please visit our youtube channel at: https://www.youtube.com/channel/UCxOkt_vcZd4lXKwcGbgMYaQ

    If you found this episode valuable, please share this with a friend or colleague that would benefit from listening. 

    The “We-Work Concept, A new Cloud Medspa

    The “We-Work Concept, A new Cloud Medspa

    Tune in to this dynamic episode of InTouch with Terri as she sits down with Ignacia Fanlo (Iggy), founder and CEO of Vansanity to talk about the “We Work” concept for medical aesthetic practitioners and entrepreneurs and his new CloudMedSpa service – a non-branded, franchise available to ANY and ALL medical spas and aesthetic practices anywhere in the world. 

    We’ll hear how he developed the concept, what challenges or hurdles it helps solve for aesthetic practices, and why you might want to be the first in your area to participate.

    If you are ready to create change and want to learn more about APX, please visit https://apxplatform.com to schedule a discovery call.

    Please visit our youtube channel at: https://www.youtube.com/channel/UCxOkt_vcZd4lXKwcGbgMYaQ

    If you found this episode valuable, please share this with a friend or colleague that would benefit from listening. 

     

    How to Eliminate Overwhelm When Starting a Medical Aesthetic Practice

    How to Eliminate Overwhelm When Starting a Medical Aesthetic Practice

    HOW TO START YOUR OWN MULTI-MILLION DOLLAR AESTHETIC PRACTICE: 6 MONTH PROGRAM

    The APX "How to Start Your Own Multi-Million Dollar Aesthetic Practice: 6 Month Incubator Program“ will begin another session on February 20, 2023.

    OVERVIEW OF 6 MONTH PROGRAM

    This comprehensive New Practice Development Program covers the 3 stages of new development

    STAGE 1: VISION, MISSION, FEASIBILITY, START UP COSTS AND PROFORMA

    Includes: competitive analysis, target demographics, researching and building startup costs, determining revenue per hour, labor costs, rent, marketing, administrative costs, creating a forecast and budget

    STAGE 2: BUSINESS PLAN AND LOAN PROCUREMENT

    Includes: Developing business plan, loan application and process, hiring a commercial broker, lease negotiation, review of lease, letter of intent, the role of the architect and criteria for selection, build-out timeline, selecting a General Contractor, the bid process and construction oversight

    STAGE 3: IMPLEMENTATION TO LAUNCH

    Includes: Marketing, pre-launch planning and execution, systems (PMS, EMR, accounting software), communication, equipment, supplies, HR, recruiting, onboarding, external systems, clinical and operations, legal, regulatory use tax, vendor training, staff orientation, planning launch event.

    https://apxplatform.com/new-practice-development-course/

    Register for the Aesthetic Success 4/S Summit in Park City, Utah on February 16, 2023: https://www.theaestheticsuccess.com/

    If you are ready to create change and want to learn more about APX, please visit https://apxplatform.com to schedule a discovery call.

    Please visit our youtube channel at: https://www.youtube.com/channel/UCxOkt_vcZd4lXKwcGbgMYaQ

    If you found this episode valuable, please share this with a friend or colleague that would benefit from listening. 

     

     

     

    Mastering the Business of Aesthetics: A New Experiential Learning Opportunity

    Mastering the Business of Aesthetics: A New Experiential Learning Opportunity

    Register for the Aesthetic Success 4/S Summit in Park City, Utah on February 16, 2023: https://www.theaestheticsuccess.com/

    If you are ready to create change and want to learn more about APX, please visit https://apxplatform.com to schedule a discovery call.

    Please visit our youtube channel at: https://www.youtube.com/channel/UCxOkt_vcZd4lXKwcGbgMYaQ

    If you found this episode valuable, please share this with a friend or colleague that would benefit from listening. 

    BulletProof Your Practice in 2023 - How to Succeed Despite Economic Conditions

    BulletProof Your Practice in 2023 -  How to Succeed Despite Economic Conditions

    To kick off 2023, enjoy this power-packed, real talk episode of In Touch with Terri as Terri dishes out How To Bulletproof Your Practice in 2023 with 10 tips on how to succeed despite economic conditions.

    Register for the Aesthetic Success 4/S Summit in Park City, Utah on February 16, 2023 before January 15th to lock in the early bird special!  Reserve now https://www.theaestheticsuccess.com/

    If you are ready to create change and want to learn more about APX, please visit https://apxplatform.com to schedule a discovery call.

    Please visit our youtube channel at: https://www.youtube.com/channel/UCxOkt_vcZd4lXKwcGbgMYaQ

    If you found this episode valuable, please share this with a friend or colleague that would benefit from listening. 

    Lessons Learned in 2022 with Terri Ross

    Lessons Learned in 2022 with Terri Ross

    Join Terri Ross for a one-on-one interpersonal episode of InTouch with Terri as she reflects on the top 7 things she learned from 2022, including what it means to to be an entrepreneur, a team leader, taking a solution-based approach, and so much more!

    Terri teaches how this newfound knowledge is going to fuel her 2023, as 2022 is rapidly approaching the rear view mirror.

    If you are ready to create change and want to learn more about APX, please visit https://apxplatform.com to schedule a discovery call.

    Please visit our youtube channel at: https://www.youtube.com/channel/UCxOkt_vcZd4lXKwcGbgMYaQ

    If you found this episode valuable, please share this with a friend or colleague that would benefit from listening. 

    Practice Consolidation and Growth: What's Next? with Nicole Gregory

    Practice Consolidation and Growth: What's Next? with Nicole Gregory

    Terri Ross met our guest Nicole Gregory 5 years ago at an Amspa event.  Following the event, Nicole hired Terri to review her Medspas' numbers, prices, and services to help her build out her pro-forma/budget.  

    Now, 5 years later, Nicole's one location has turned into three!  The big hype is MSO, roll ups, consolidation and private equity money.  What's next for YOU?  Are you set up for success?  

    In this epsiode, Terri and Nicole talk about the following:
    - Why Nicole hired Terri Ross in the first place
    - What led to Nicole's success and what makes Urban You unique
    - MSOs and what they mean
    - Consolidation in the industry and how Nicole is helping other medspa owners take the lift off if they want to partner

    If you are ready to create change and want to learn more about APX, please visit https://apxplatform.com to schedule a discovery call.

    Please visit our youtube channel at: https://www.youtube.com/channel/UCxOkt_vcZd4lXKwcGbgMYaQ

    If you found this episode valuable, please share this with a friend or colleague that would benefit from listening. 

    Value of the Consultation - You Getting Sold on YOU

    Value of the Consultation - You Getting Sold on YOU
    Join Terri Ross in this electric episode of InTouch with Terri focusing not only on the consultation process, but having the mindset necessary to execute them with perfection.
     
    Terri teaches you the key steps to getting sold on yourself, before you start to “sell” to anybody else, and becoming utterly convinced and believe in what you’re selling so strongly that you become unstoppable!
     
    If you are ready to create change and want to learn more about APX, please visit https://apxplatform.com to schedule a discovery call.
     

    If you found this episode valuable, please share this with a friend or colleague that would benefit from listening. 

    Preparing Your Business For the Fall/Winter Holiday Season

    Preparing Your Business For the Fall/Winter Holiday Season
    As we approach Q4 and the holidays its critical to ensure your practice is set up to finish the year strong.  To do that requires planning and preparation.  In this episode, Terri offers 5 important metrics you need to know and measure before you can plan what specials or promotions to offer to ensure you are profitable.  Terri also provides 8 Strategies that will boost your revenue. :
    1. Increase brand awareness
    2. Drive patients in the door
    3. Inform them of new treatments and procedures
    4. Increase revenue
    If you are ready to create change and want to learn more about APX, please visit https://apxplatform.com to schedule a discovery call.
     

    If you found this episode valuable, please share this with a friend or colleague that would benefit from listening. 

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