Ignore the Negatives That You Hear about Corporate Optometry: Think Bigger

Ignoring the Negatives of what you hear in Corporate Optometry. Think bigger to what a career in corporate optometry can bring.

Not all corporate optometry companies or even brands within a company are the same. Find the right fit for you whether it is employed, part time, fill in, sublease, franchises , or even  selling to a private equity.

“Every obstacle is an opportunity waiting to reveal itself.”

Ask any ‘bright-eyed’ optometry student in their final year where they will want to work after graduating, nearly all of them will say anywhere but corporate practice. If you are even slightly familiar with the field, you will be well aware of how ‘corporate optometry’ is quite a notorious field. It suffers from a bad reputation in not just optometry schools, but well beyond.

‘There are too many patients’

‘Work hours are endless. There are no holidays in the job’

‘It doesn’t pay you well’

‘This isn’t full scope optometry’ and so on.

These are just a few of the many reasons you might hear from several  ODs against corporate optometry, and why they become a hindrance for those pursuing it.

Although some of these are true while some exaggerated and some even false, no matter what the case, it is also true that obstacles do not block your path, they are your path.

So, if you are a soon-to-be OD, here are a few tips on how you can turn the ‘obstacles’ of perception in corporate optometry, into opportunities.

Change your perception of obstacles

What you believe now to be ‘problems’ might not necessarily be so. It is simply absurd to be so prejudiced against the field that you don’t even consider it once.

Long work hours, low reimbursement plans, routine care or whatever other factor proves problematic for someone may not apply to you. Several ODs who have been working in this field are not working because of lack of other options. They love what they do. Who knows you might end up loving it too?

Focus on your strengths, not weaknesses

No matter how skilled you may consider yourself, the truth is, we all have the same degrees and many corporate opticals practice full scope optometry. Corporate optometry has a lot of foot traffic. Seeing a diverse patient base can strengthen your clinical skills.

Focus on your determination to learn and become better than who you were yesterday and develop your skills meanwhile. Corporate optometry jobs are everywhere, be it Walmart, Costco, VisionWorks, etc., so taking a sublease or even doing fill in work  will help you to continue to learn and expand your horizons.

As for those who say corporate optometry doesn’t allow you to widen your talent, it’s not really true. Corporate optometry allows you to be anything that you want. You can be an employee, a leaseholder or a franchise, a contractor or even an associate OD, depending on your goals. Moreover, if that’s not enough, you can privately pursue specialization in whichever area you are interested in.

Think bigger

Whatever you might be thinking, think bigger.

Many people consider medical professions because of the nobility that comes with the territory – the drive to serve humanity. So, being an optometrist is no exception either, especially a Corporate OD!

Even if you want to be a self-employed instead, you can consider starting off in corporate optometry too. It pays you well and is sure to give you experience and lessons that will prove beneficial to you in the future. This is because being a corporate OD allows you to interact with a diverse group of patients and learn the business aspects of optometry. Thus, you see and treat many different ocular problems and ultimately, learn learn a lot from the optical side of the business.

So, the truth about corporate optometry is that opportunities are everywhere! Obstacles seem to appear when you take your focus off your goals. So clean those spectacles and meet the so-called challenges head-on.

The path will become clear as crystal too. Just the clarity every OD wants!

Signs Your Body Gives You When You have Optometry Burnout

Optometry is a promising field, but like all other professions, it comes with its own challenges and difficulties.

Holding down a job in optometry is not an easy task. You have to meet many requirements, fulfill a certain criteria, serve a large number of patients, work continuously for long hours as well as work alongside people you may not necessarily like. Also, when it comes to optometry,

many people are doing jobs that they perhaps didn’t even want to do in the first place but are doing so because of a lack of options or other similar reason. Thus, burnout in optometry is not a new phenomenon, but despite being so common, many optometrists are unable to identify whether they are experiencing burnout or just temporary tiredness.

Doing something that you are not satisfied with for a long period of time is not only emotionally exhausting, but it can also affect you mentally as well as physically. Take a look at the following signs of optometrist burnout so that you can take the required action before it becomes too late.

You Feel Extremely Exhausted

Continuing to work at a job that stresses you out will lead to chronic fatigue. This means that whether you get 8 hours of sleep or not, your exhaustion won’t go away. You might think that the upcoming weekend or a short break from work will refresh and re-energize you but that ‘next’ break just doesn’t arrive. Weariness becomes your ally and you are likely to fell drained out and lethargic most of the time.

Headaches Become Frequent

Do you think it’s that late night Sunday party that’s causing you that headache? Or that the back pain you are feeling is because you have to sit at a desk from 9 to 5?

If you experience headaches, shoulder pain, back pain or any other pain frequently without doing any rigorous exercises or other physically exhaustive tasks, then it’s your body’s way of saying that you are experiencing burnout in optometry. This is because extreme stress decreases the production of dopamine and keeps your muscles tightened which ultimately leads to physical pain.

You Turn Insomniac

Sleepless nights or having trouble falling asleep even when you feel very tired is one of the most prominent signs of burnout. This can happen due to various reasons. For instance, if your job is too demanding, then you might be fearful of falling short and not being able to complete the required tasks on time. Or if you wanted to be a full-time OD but are instead stuck in a minor role in corporate optometry then, needless to say, feeling a lack of accomplishment will keep you up at night.

Other Signs

Apart from these, common signs of burnout include stomach aches as well as nausea, vomiting or even diarrhea in extreme cases. Moreover, excessive stress can lower your immunity, making you more susceptible to common cold, flu, and other common viruses.

Burnout in healthcare workers is a serious issue. So, if you are experiencing burnout in optometry, make sure to take a step back, evaluate, prioritize or re-prioritize things and take action if it’s time to consider a new job.

The Opportunity for Personal Development for ODs in Corporate Optometry

“Income seldom exceeds personal development.”

Corporate Optometry is indeed a promising field, especially in terms of monetary gain. Of course you would know this if you have been a Corporate OD  or even if you are about to graduate from a school of optometry soon. The ‘bright’ future that this path offers is likely to have been a major factor that motivated you to pursue a career in corporate optometry.

But whether you feel you have gained sufficient knowledge during optometry school, or have been successfully practicing and think you know enough, you must remember that optometry is an evolving profession and they is always room for growth. You should always what to learn and seek more.

If you want to grow in corporate optometry you must find resources to develop yourself. There are a lot of practice management and clinical resources but there should be more on leadership, career advancement and extending personal goals.

Embrace the challenges!

To ensure success in your work, you must develop the ability to perform well under pressure. Many Corporate ODs see a large number of patients and the long work hours with fewer holidays that come with this career choice. Even if you are stressed out in the beginning, allow yourself to embrace the challenge and meet the requirements of your work head-on. Not only will you soon adjust, but you will also learn to manage and cope with all the pressure at work.The key is to maintain a positive attitude. Eat healthy and do exercise regularly and perhaps yoga or meditation as well, since they are proven to promote a healthy mind.

And no matter what happens, remember it is the obstacles that create personal growth.

Learn, learn, and learn!

Continue expanding your knowledge about optometry and the key treatments and procedures in the industry. Step of the corporate OD island and meet other ODs that practice with the same company and expand outside that network as well. Engage in healthy discussions on important topics in your field.

Joining the Facebook group Corporate Optometry can provide continuing personal development as they often provide not just the best practical methods, but also teach management and other key life skills that other corporate ODs face.

Self Reflect

Self-reflect and evaluate your career goals and want you want to achieve in a reasonable time frame and make any appropriate adjustments as required. This will be of great benefit to not only those around you but to you yourself as well. You must continue to expand your interests, and shape, improve and develop your skills and knowledge, in order to advance your optometric career and become the OD that you always envisioned in yourself.

Self Reflection should be done on short term and long term goals evaluating your failures and re-framing them to continue to grow!

With the right polishing, not just the glasses but you can shine as well!

Personal Branding For Corporate ODs

We live in a world that is highly digitalized. Whether it’s buying daily groceries, a new car, or even buying or selling real estate; everything is being done online. And we aren’t exaggerating when we say people are finding the diagnosis and even the treatment to with “Doctor Google”

The search for medical services and healthcare has become easier than ever thanks to the internet. The use of digital media will continue to grow. How your personal brand is represented on the web is critical for your future success as a Corporate OD. Whether you are a corporate OD in some market giant like Walmart, Costco, or Luxottica or someone practicing in a comparatively smaller optical , personal branding has become an important element more than ever if you want to ensure that you continue advancing in your career path. You want to be know as ” Dr Smith” not the Doctor inside Walmart.

In the field of corporate optometry, needless to say, patients are not just customers, but the sole decision-makers as well. Based on the information they do or do not find about a service, they decide whether to chose you or another provider. Your “reputation” on the web will guide those decision-makers to seek care from you. Your reputation online is the new word of mouth referral. Carefully monitoring what you want others to say and think of you online will continue to elevate your personal brand. A strong personal brand will help you get a promotion, next career move and leadership positions. If you want to outshine in your field and stand out both online and offline, you must follow these essential tips for personal branding.

Take the lead

The work you do is valuable not just to you, but also to your existing as well as any other potential patients in the future. Highlight some of your most important achievements and philosophies in a decent yet noticeable way.

Employed Corporate ODs can display their diplomas and other accomplishments at your corporate optical.  Share them on your own profile online or company social media accounts. Be confident about your skills and the way you practice, people are more likely to trust you for their care.

You should also feel free to share other things that you cherish most in your life. Be it your hobbies, personal interests, awards, charity work, research project or even memorable events with your friends and family. You can gain people’s trust by ensuring they feel familiar with you and can link to you on a closer, friendlier level.

 

Rise from the competition

With the rise of technology, there exist more and more online platforms where you can make your presence known. Corporate ODs can have their own social media pages that is affiliated with the corporate optical . Providing quality content about eye care will improve your standing and thereby, your viewers as well. Moreover, you will also develop you as an eye care expert in the community. It will strengthen your patient base but will also create networking opportunities with other Doctors that can lead to future careers advancements.

Create opportunities

With a diverse outreach in corporate optometry and additional help from your colleagues, you can create opportunities for yourself. Partnering with the eye care director or regional manager will help create opportunities for yourself. Being on advisory boards for corporate opticals will help open doors for yourself if you would like to have a leadership position.  Their recommendations can help build credibility to your name and make your personal brand a brand which people will be proud to endorse.

With proper personal branding, you are sure to be clearly visible  to your patients and future career advancements.

The Psychology of Business in Corporate Optometry


You would already know that this industry is dominated by only a couple of large organizations so we’ll avoid dropping names here. Many industry professionals will go from one company to another and utilize the same strategies and business tactics. Understanding the differences between strategy and tactics will help guide you through your career in corporate optometry.

Power of influence.

Corporate optometry is a field where charisma and similar tactics are often employed to influence ODs into making certain decisions. Even the employees in this field have to tread carefully because corporate optometry practices can be quite manipulative at times. When it comes to corporate optometry, this is just how the business works. The way things are shown is not always the reality. Many times younger ODs are influenced into thinking that working more hours or seeing more patients per hour would increase revenue for their offices as a solution to managed care plans. Yet careful calculations indicate loss in revenue with increased staffing, decreased insurance reimbursement and increasing chair costs.

Understand that corporate opticals are in the business of selling glasses. The optometrist is a part of the puzzle that needs to fit in their plan. Finding ways to elevate their business is sometimes done at the expense of the employed or sublease OD. These tactics are sometimes completed in a charismatic way to influence the OD that it is in their best interest when in reality it is just a way to get the OD to cooperate in a strategy to sell glasses.

Many times Corporate ODs are told that how fierce the competition is and going out on their own would be more difficult than subleasing when in fact that is not the case for many ODs. (There are many different situations)

Here’s what you need to know about the psychology of business in corporate optometry.

The awestruck effect

Charismatic people have this endearing ability to almost hypnotize their audience. Their personal energy, aura and the manner in which they convey their message can persuade you to make the decision they want, without you even recognizing it. It is not until later when you walk away from them and the effect fades away that you realize you have been manipulated. Getting the individualized attention compared to your colleagues maybe one way to influence business decisions on OD side of the business, yet collaborating with others you will find that the same individual discussions are repeated in order to advance the corporate optical agenda. This can lead to emotional exhaustion as ODs suppress their emotions.

For employees in corporate optometry, the awestruck effect can occur for instance when they accept to work for the job that they soon realize is not what they were looking for. When a recruiter promotes a location for its work life balance, medical model and flexible schedule, an OD should also question the regional manager and store manger. Ask other ODs in the area. Many times if it is too good to be true it is. The “honeymoon” stage can only last so long. Understand what you bring to the table for that location and the value that you provide the corporate optical and the staff at that location. What was presented to you at the time of signing should be consistent throughout your time there.

As for sublease ODs, many are painted a picture of a high volume practice, that are turn key and potential of expanding to multiple locations. Optical sales will not directly reflect OD income, there are many factors that shape this. Leading on a sublease OD about additional locations and potential perks is another tactic to pursued ODs to do things that is in the best interest of the optical. Learning to see these tactic trends will help you target the right sublease.

The effect of compelling storytelling

Stories are known for the lasting effect they can have on the audience. A great story not just captivates the listener’s attention, but can also impacts their decision-making ability because the events stick to their mind and influence their actions.

When you interact with a regional manager about telemedicine or increase hours , if they are manipulative then they can lure you into taking an action that might not necessarily be in your best interest. How a story is told can help you differentiate between what is best in your own interest. Many times illustrating how another OD has been a great partner within the organization to impact your decision. That others are doing this and you don’t want to be excluded. Fear tactics can be applied in the same way as a story is told about a sublease termination or not evolving as the optical business evolves. The way that a story is told can increase emotions that can impact a business decision. Business decisions should be based on analytical data and metrics not emotions.

Consider the possibilities that corporate optometry can offer you. The stability, potential to grow a business, income and security. Yet listening to a regional or eye care director might have made you feel like you can pull this off for the numerous ‘benefits’ that it offers. There are many “stories” to the chapters in corporate optometry some you might have to skip.


Attention is (not always) a good thing

Corporate ODs who want to be satisfied with their job. Corporate opticals offer recognition awards for the ODs that have excelled in a regional or nationally. Some provide Doctor of the Year award while others receive accolades via email or social media.

If you are an OD, a corporate giant might initially make you feel welcomed in the workplace by adjusting your work hours, putting you at a location that’s feasible for you and so on.

However, despite the possible relaxations, being burnt-out is still very common in corporate optometry jobs because the rules and regulations are rather binding.  So, if you too are getting stressed at work then it’s time to evaluate what’s wrong and take the appropriate measures if required.

Sometimes attention is given to the younger ODs to sway them to work more hours, help recruit younger ODs or just because that specific location is hard to find OD coverage. Attention can be given to the ODs that are in states that is hard to find coverage to try and sway them to stay when competitors are opening new locations. “Celebrating an OD” but not providing tools and resources that are needed can be tactic that is very familiar in corporate optometry.

Manipulative tactics can be subtle or obvious so whether you are a sublease provider or an employed OD in corporate optometry, the key to ensuring that you don’t fall prey to such techniques is to always stay clear about what you want.

Whenever in doubt, step back from the situation, analyze and evaluate the circumstances and then regain control by asserting yourself more tactfully.

CREATING A MEMORABLE EXPERIENCE IN CORPORATE OPTOMETRY

Creating a Memorable experience in Corporate Optometry.

When you think of  memorable experiences you think of positive times filled with joy and laughter. It could be a game winning shot, a vacation, childhood memory of your parents or even just enjoying a loved ones company as laughter fills the room.  You tend to remember the times that you felt something. Creating a memorable patient experience is no different! The way a patient “feels” about the experience will reflect directly to your bottom line. People will generally really love something or not like it and there is no room for in between or being average in today’s competitive market.  Creating a memorable experience involves everyone through the patient journey. Think of a patient experience as a journey, it is not a single appointment or transaction but a journey that can evolve over the next 20-30 years as they continue to see you and refer others to your office.   Here are some ways to make a memorable patient experience:

1. Active Listening

Active Listening is paying attention to the patient from the moment they call for an appointment. Train your staff to take notes during the initial touch point. If a patient is calling the office because of having a negative experience at another office, have the staff ask probing questions to understand what type of experience they are looking for. Once the patient is in your exam chair you have a “blueprint” of their expectations. You are able to address their pain points that guided them to your office.  Provide a personal approach by facing  them when they are talking and maintain eye contact. Many times patients will tell you want they want, it is your job as an eye care professional to recommend the best options and help guide them to best personalized solution. Active listening establishes  the patient/ doctor relationship and aligns an active approach to their health care. If they feel like their part of the decision process it will create a memorable experience that will make your office stand out from the rest.

2. Doctor Driven Dispensing

Whether you own your office or are an employee, doctor driven dispensing is a way to not only to create a memorable experience in the optical, but create patient loyalty through patient education of products. The clinical findings from the examination should be aligned with the eye wear lenses options that you recommend, to the specific artificial tears that you prescribed to that patient. It goes back to active listening. You are the authoritative voice and experienced professional of that office, “customize” and educate patients to why you are recommending a product and how it is different from online retailers. Maintain eye contact when discussing personalized eye care. Doctor driven dispensing is an art that is frequently ignored by many ODs. Asking different questions will create a “wow” experience for the patient, ” they never asked me those questions before, maybe I wasn’t getting the right exam or eye wear that I should have had before”

3.  Storytelling

Storytelling can be an influential connector to your patients because it is an emotional driver. Memorable moments are created by emotions. It makes the patient experience a human experience. Storytelling can be formulated from active listening to understanding what the patient likes to talk about and transitioning it to an assessment/plan strategy for that patient encounter.  Storytelling by itself can be a powerful way to be memorable. Be yourself. Being authentic will connect with people. Letting them know that your family member has a the same issues with  progressive lenses and what specific product you prescribed compared to an affordable option creates more value for your office than competing on price.

4. Marketing a memorable experience

Online retailers like Warby Parker will donate a pair of glasses. It creates a memorable experience for the patient because they know that their eyeglass purchase with help others in need. The promotion is “Since day one, over 4 million pairs of glasses have been distributed through our Buy a Pair, Give a Pair program. Alleviating the problem of impaired vision is at the heart of what we do, and with your help, our impact continues to expand.” The key phrase is “The whole story begins with you“, it creates a memorable experience where the patient is involved in something for a bigger purpose. Whether is is a local charity event or mission trip your office can do the same. Use your email database and social media platforms to educate your patients about your involvement in the community and how they can be involved by donating old glasses or how you can do a promotion for free eye exams for those in need through your office.

 5. Follow up

The patient experience does not end at the end of the exam.  Making a follow up call to a patient can make a lasting impression. Whether is it a follow up on corneal abrasion or a call to see how their contacts are performing. This discussion has more impact than you think in making your business successful and developing the critical doctor/patient relationship. Following up 1 week, 1 month or 6 months will create a memorable experience, simply set reminders in your EMR system to have your staff follow up on progressive adaptation or simple satisfaction with service or products. Let your patients know that you remember specific personal information, document in your chart; job information and children’s names to have a starting point for your next exam.  Your EMR system can be a great way to follow up on reactivating patients by sending birthday texts/emails with special promotions.

6.Unique Style

Your unique style makes you memorable. Humor is a memorable factor. Don’t be afraid to have a different approach to patient care, humor will make you likeable and approachable to new patients. You want patients to feel comfortable, being funny is one way to do it. Everyone likes getting compliments and it will also make people feel comfortable to ask questions and enhance the doctor/patient experience.

Your personality, humor,empathy, attention to detail is your signature to the world. It speaks volumes, use it to create a memorable experience that no one can mimic because “you” is UNIQUE.

Building your Personal Brand through Digital Media

When a student graduates from optometry school they are eager to get out there and gain recognition for their work. Optometry is the kind of profile where even if you are employed under an already established brand, some people will only come to you if your name is recognized and your services are well known to be trusted upon.

Thanks to Google, the first thing potential patients do before visiting a doctor is look up their name and reviews online. This is because it allows them to trust you with their eyesight. You might have noticed yourself that whenever you have asked your family or friend to recommend medical personnel they will often tell you the name of the person and then say clinic or corporate optical they are associated with.

This is why you also need to take advantage of the internet, similar to the ways your employees do. You need to invest in a well-constructed and easy to use website. This is important because your website is a digital version of you! What you say about yourself is what you want to be preconceived as in the community.

A social media page that is brimming with information will help build the patients’ trust even before they have visited you. Use the page to add tidbits of information, facts, do you know, quizzes etc, related to optometry. This will show the person that you are friendly and have a good grasp of your craft.

Further is more information on how to enhance your personal brand

The headshot

Make sure to post up a good picture of yours on your website, social media page, and whatever forums you are involved. This makes the people know that you are real and professional. It would be advisable to use the same picture in the same place so that people can recognize you as soon as they see your picture. Hire a professional photographer who can take a good photo of you from a professional angle, make sure to look  approachable in the picture.

The right platform

You may have a personal profile on Facebook and Instagram,but it is better to keep it private compared to your professional profile. Choose one or two platforms where you post stuff only in regards to your practice and nothing personal.

Good Content

Write and post content that your patients will want to read. You will need to do some research here to find out what your patients want to hear about. You can also post up an FAQ session or maybe encourage your patients to ask you questions on a symptom. But make sure that when you do that, do not post the entire information, it should be just enough to answer the question but also at the same time should have your readers wanting to know more, this is where the office visits come in.

Social media has become one of the top tools that can be used to promote oneself at a relatively lower cost than any other promotional tool, it would be best to use it wisely to your advantage to build your personal brand.

Digital Marketing Strategies for Optometrists

Digital marketing strategies to help optometrists with there business. Never before has digital marketing been more important.

Digital marketing is a very expansive term that holds various different concepts within.

The advancement of technology has brought about several marketing opportunities for businesses and individuals, alike.

However, with the profuse amount of concepts and options out there it can be difficult for someone who has not been involved with marketing before to choose what platform they should promote themselves or their businesses on.

The case with optometrists is similar. Simply opening up a business and advertising it in the newspapers does not work anymore, they will have to heavily indulge in digital marketing to let their services and availability be known to potential clients and recruiters.

The one problem is that a lot of the concepts of digital marketing have been spread around haphazardly, failing to make sense to someone new to the field:

Search Engine Optimization

When looking for anything or anyone, the first thing we do is search google. Even when we look for a tutor, physician, therapist, etc. we will always go to either our friends and family or google. Search engine optimization is when your website and your name is the first response to come up when a keyword related to you or your field is typed and searched. For example, a keyword that you have written in your website is “optometrist in Manhattan” then the next time a potential patient types those words in the search bar, they will see your name and/or website/profile first.

You can learn how to optimize your own website or even pay an expert to do so.

Pay per click advertisements

This is a great way to reach your target audience. This also works through the keywords, which your potential consumers type in.The results usually appear on the top or sides of the google results or page that they are visiting. For example, the user types “glasses frames in Manhattan” or “best eye specialist in Manhattan” then the page they visit will have your profile in it as well, or they may see your profile on top of the search result. You only have to pay for the advertisements when a client clicks on the ad.

Content marketing

You can write intelligent and informative articles on your website about optometry which can attract patients to your website. You can write about different topics, especially those that consumers would normally search about. This will also help patients trust you more since they will you see as someone who knows what they are doing.

You can even post an article that has all the FAQs typical to the optometry and then answer those questions. Near the end of your blog add a link to your website which the consumers can follow to know more about you and contact you through. You can also share those blogs on social media to gain a wider range of readers and customers.

Social media marketing

You can really work well with building your own social media page on Facebook, Google+, Twitter, and Instagram. You can engage with your follower through videos, pictures, polls, fun facts about eyes, answering questions, and also ask your patients to write a review about you after they have visited.

Digital media marketing is very easy once you have found which platform and method suits you best, once you find that stick to it.

Learn more about Life Insurance

What is Life Insurance?

Life insurance is an important part of the financial planning portfolio and something every individual should have at some point of their life. Coverage can vary in values, options and legalities, but its purpose is always meant to provide for dependents in the event of death.

There are two types of Life Insurance policies: Term Life and Permanent Life. Within permanent life, there is Whole Life and Universal Life.

A Term Life Insurance policy is the period of time during which the coverage is guaranteed to remain in place. Terms can range from one year to thirty years and many numbers in-between. The years of the term specifies that the premium (cost) will remain level for the term specified and as long as the premiums are paid, the coverage will pay out the death benefit.

Whole Life Insurance is a type of permanent coverage that provides coverage for the entire lifetime of a life insured, with a premium that remains level over the course of the contract. Whole Life builds up a cash value over time, and the policyholder can use that value towards future premiums or as a means of accessing cash later down the road.

Universal Life Insurance is also a type of permanent coverage. It allows the policy to act as an investment and a way to tax shelter money as one can invest more than the basic premium into this policy and have their investment grow in a tax-sheltered vehicle.

This is a very basic description to help one begin to understand life insurance and its importance. For more information, please contact

Samuel Waxman, CFP, CLU, CHS 416.817.8897 samuelwaxman@millennialfg.com 201-515 Consumers Road, Toronto, Ontario, M2J 4Z2 millennialfinancialgroup.com

Habits of Wealthy Optometrists

The habits of the wealthy optometrists

Everybody wishes to have a career that they love that also has a lucrative salary. Everyone wishes to be the person who can afford whatever they want and whenever they want. That is what sets them apart from other people. However, the world will not just give you the money that easy. You will have to take certain calculated steps that will help you get success and wealth. It all starts off with the habit. Sure talent, hard work, and patience is one thing, but habit is something that is subconscious and it could be leading you to success or failure without you even knowing. It is the habit that you will have to look at first.

So what are the habits of the rich and successful?

1. Find your purpose

A lot of the people are working hours at their job yet they fail to earn more than they deserve. That is because they are unable and unwilling to work long hours. This is usually because they are doing something that does not satisfy them. When you do something that satisfies you, it makes you much more willing to spend long hours on it. You become better at your job and thus develop into an invaluable asset to the company.

2. Budget well

The key to being wealthy is saving. The more you save the more you are left with, this means that giving into the materialism should be made to a minimum. For example, spend no more 15% of your monthly income on food, stay away from credit card debt, have a retirement plan, and keep a small percentage aside for loans. If you have the opportunity to do fill in work, seize it and use the additional income to pay down your student loans.

3. Network and build connections

Volunteering in an elite nonprofit organization is one of the best ways to network. In good nonprofit organizations, you will be able to meet with successful business people and leaders who might help you get jobs in well-established companies very easily and quickly. This is an activity that many of the people overlook but working 5 hours a day in a shelter will have its own perks that are yet be discovered. Your optometric services will provide value to the community as well. Networking could lead to consulting work in the future or other benefits for your individual practice or career.

4. Don’t just keep your job description

One of the major mistakes an  OD who struggles to become wealthy makes is that they just go according to their job description. If you wish to achieve your goals of being a successful optometrist then you will have to take on more responsibilities than your job description tells you to. Optometrists can take on seminars, online teaching, writing articles, etc for the optometry business. This lets them become an important and well-known part of the business. It is ok if you have to check in a patient or take a seg height every once in a while if time permits.

Changing your habits will allow you to achieve more than you could possibly have imagined, along with becoming one of the wealthiest optometrists in town. You might also realize that some bad habits may have been holding you back from reaching your full potential as an OD.