Nov. 12, 2019

018 - Transitioning from Owner-Operator to CEO

018 - Transitioning from Owner-Operator to CEO

Welcome to The Remarkable CEO Podcast, a show hosted by Dr. Pete Camiolo and Dr. Stephen Franson. In this episode, Dr. Pete and Dr. Stephen discuss the identity shift that must occur in order to transition from owner-operator to CEO. They open up about their own personal and professional stories of how they became chiropractors and why they decided to transform their practice into a business. Dr. Pete opens up about how he made his transition from hands on owner-operator to CEO while simultaneously supporting his wife through difficult pregnancies Finally, Dr. Stephen and Dr. Pete touch on the importance of vision, leadership and energy when making the shift to successful CEO.

02:10 – Introducing today’s topic, transitioning from owner-operator to CEO 

03:08 – Dr. Pete shares his journey to chiropractic 

07:40 – Dr. Stephen shares his journey to chiropractic 

12:30 – Being a caregiver and creating an environment for people to be cared for 

14:47 – The next level identity required to own a business 

15:56 – Why you don’t need to be a business owner in order to be a successful chiropractor 

18:20 – The dentistry practice example 

19:51 – Dr. Pete’s unique dilemma in his identity shift from owner-operator to CEO 

25:50 – Balancing work, life and raising a family of seven 

27:48 – The importance of vision, leadership and energy 

29:22 – Dr. Pete recalls a one-on-one conversation he had with one of his CAs 

EPISODE QUOTES

“I was looking for a job and something that I love to do like my dad advised me. And, I’m so glad I found chiropractic.” (04:24) 

“One of the things I would encourage you to do as you’re listening to this is go back to your roots. Go back to the roots of your entrepreneurial journey.” (11:27) 

“There’s an entirely next level of skill set and identity that comes with actually owning a business, not just working for yourself.” (15:38) 

“The CEO, at their best, is creating an environment where caregivers can be more successful. They can actually focus on taking care of patients, educating and adjusting, creating value and delivering value.” (17:05) 

“The thing that didn’t happen for me was I didn’t make that shift in my own identity of being an owner-operator, a chiropractor, a caregiver to becoming the CEO of the business. And, because I didn’t have that shift, I was literally crisscrossed.” (24:49) 

LINKS MENTIONED

Dr. Stephen’s LinkedIn

Dr. Pete’s LinkedIn

The Remarkable CEO Website

Circle of Docs Website