What does the future hold for solo chiropractic practices? In this thought-provoking episode, Dr. Lauryn sits down with David Michel, a seasoned consultant and co-founder of PM&A, to unpack his bold prediction: the solo chiropractic practice will be extinct within five years. Together, they explore the economic realities, generational shifts, and systemic challenges reshaping the chiropractic landscape. Is this the end of the solo practitioner—or the beginning of a new era?

David and Dr. Lauryn delve into the rise of group practices, the benefits of shared resources, and how chiropractors can embrace collaboration to stay competitive. From building scalable business models to navigating changing patient expectations, this episode is packed with actionable insights for chiropractors at any stage of their career. Whether you’re a new graduate or a seasoned practitioner, this conversation will challenge the way you think about the future of chiropractic.

Key Takeaways:

• The End of Solo Practice: David predicts solo chiropractic practices will disappear within five years due to economic and generational shifts.
• The Rise of Group Practices: Sharing resources and collaborating with other chiropractors allows for lower overhead and greater profitability.
• Adapting to Generational Changes: Younger chiropractors prioritize work-life balance and meaningful contributions, signaling a shift in how practices are structured.
• Building Practice Freedom: A sustainable practice model focuses on independence from the owner’s daily involvement, creating more opportunities for growth and balance.

Guest Info:

David Michel is the co-founder of PM&A, a consulting and coaching firm established in 1988 to help chiropractors develop and manage their businesses. With decades of experience, David has worked with a wide range of healthcare professionals, specializing in the chiropractic profession and championing the natural approach to healthcare and the chiropractic lifestyle. He has been instrumental in opening and acquiring 25 chiropractic offices through Chiro-Health Management Services, Inc., guiding doctors toward achieving Practice Freedom—a business model that allows practices to thrive independently of the owner.

Get in touch with David directly: David@pmaworks.com

Resources:

Interested in the Multipassionate Chiropreneur? Schedule your call now!

Sign up for the Weekly Slay newsletter!

Questions? Feedback? Just want to tell Lauryn you love and appreciate her? Get in contact here: Instagram | Website | Facebook

Sign up here to receive our monthly associate job postings email.

Mentioned in this episode:

Go from surviving to thriving with Genesis Chiropractic Software. Learn more and get your special discount using the link below!

Genesis Chiropractic Software

Holistic Marketing Hub

Holistic Marketing Hub

To learn more about CLA and the INSiGHT scanner go to the link below...

Are you chasing a seven-figure clinic but unsure how to get there sustainably? In this solo episode, Dr. Lauryn dives deep into the mindset and practical strategies chiropractors need to reach their financial goals while staying true to their mission. Whether you’re aiming for your first six-figure milestone or scaling beyond a million, this episode is packed with wisdom to help you transform your approach to money and practice growth.

Dr. Lauryn covers four critical steps to achieving scalable success: redefining your relationship with money, becoming obsessed with delivering value, mastering the math behind your revenue goals, and building systems that ensure sustainability. Tune in to learn why financial success starts with a strong foundation and how you can avoid the pitfalls of unsustainable growth. This episode is a must-listen for any chiropractor ready to level up.

Key Takeaways:

• Redefine your relationship with money: Success starts with understanding your emotional and practical relationship with money. Identify your financial patterns, set clear goals, and plan for how you’ll handle increased revenue.
• Become obsessed with your value: True growth comes from knowing the transformative power of your services. When you believe in the value you provide, it’s easier to overcome rejection and stay focused.
• Run the numbers: Achieving your financial goals requires a clear, analytical approach. Break down your revenue targets, average collections, and patient visits to find realistic, scalable paths to success.
• Build sustainable systems: Scaling isn’t just about doubling efforts—it’s about creating systems that work long-term. Focus on building a practice that supports your goals without compromising profitability or quality of care.

Resources:

Interested in the Multipassionate Chiropreneur? Schedule your call now!

Sign up for the Weekly Slay newsletter!

Questions? Feedback? Just want to tell Lauryn you love and appreciate her? Get in contact here: Instagram | Website | Facebook

Sign up here to receive our monthly associate job postings email.

Mentioned in this episode:

Go from surviving to thriving with Genesis Chiropractic Software. Learn more and get your special discount using the link below!

Genesis Chiropractic Software

Looking for an associate? Want your advertisement viewed by thousands of chiropractic students each month? If you answered yes and yes, then click the She Slays Job Board link below to grab your spot in next months posting!

She Slays Associates Job Board

Get your FREE FOCUS Academy Kickstart Program by clicking the link below!

Focus Academy

Interested in Molly Cahill's Holistic Marketing Hub? Hit the link to learn more and use code "sheslays" at check out for $200 off your purchase.

Holistic Marketing Hub

Do you need help in your practice with the busy work that you or your staff...

As 2024 comes to a close, we’re taking a moment to reflect on another incredible year of She Slays the Day. From inspiring conversations and thought-provoking debates to actionable insights and unforgettable moments, this year’s episodes have been packed with value—whether for your practice, your career, your family, or your personal growth journey.

To celebrate, we’re wrapping up the year with two special “Best Of” episodes, showcasing standout clips from some of the highest-rated and most impactful conversations of 2024. These episodes were chosen for the incredible feedback, engagement, and value they brought to you, our amazing listeners.

Whether you’re a longtime fan or tuning in for the first time, this “greatest hits” episode is the perfect way to (re)experience the magic of She Slays the Day. If you’ve been waiting for the right moment to share the podcast with a friend or colleague, this is it—there’s no better place to start!

Part 2’s segments include a variety of topics, covering: early career hustle eras and if they are necessary, what Dr. Lauryn wishes chiropractic schools actually taught chiropractic students, how to market a want purchase vs a need purchase to the consumer, why you need to mentally be willing to cede control over your business to allow it to truly flourish, and how much your CPA actually costs once you factor in the savings they can provide.

From E286 with Dr. Austin Cohen

Is a Hustle Era Necessary?

Listen to the full episode withDr. Austin Cohen: YouTube | Spotify | Apple

Follow Dr. Austin: Instagram | LinkedIn

From E256, a solo show with yours truly!

What I Wish They Taught Chiropractic Students in School

Listen to the full episode: YouTube | Spotify | Apple

From E259 with Dr. Ryan Rieder

Marketing Want vs Need Purchases

Listen to the full episode with Dr. Ryan Rieder: YouTube | Spotify | Apple

Follow Dr. Ryan: YouTube | Instagram | Twitter

From E246 with Dr. Nona Djavid

Clinging to Control vs Letting the Magic Happen

Listen to the full episode with Dr. Nona Djavid: YouTube...