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Artwork for 20/20 MONEY: The Business of Optometry

20/20 MONEY: The Business of Optometry

Adam Cmejla
Optometry
Financial Planning
Optometry Practice Management
Practice Management
Hiring Associates
Goal Setting
Retirement
Optical Management
Leadership
Work-Life Balance
Quality Of Life
Patient Experience
Tax Planning
Vision Expo East
Frame Inventory
Job Descriptions
Benchmarking
Vision Care Plans
Intense Pulsed Light
Revenue Management

20/20 Money is the top podcast for optometrists, private practice owners, and ODs who want to master optometry practice management, financial planning, and long-term business strategy. Hosted by Adam Cmejla, CFP®, the show delivers practical guidance on everything that affects the profitability, growth, and value of your optometry practice. Episodes cover: • Optometry practice management & operati... more

PublishesWeeklyEpisodes366Founded7 years ago
Number of ListenersCategories
EducationBusiness

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Artwork for 20/20 MONEY: The Business of Optometry

Latest Episodes

ODs tend to be a pretty risk-averse group, which means failure and risk can be avoided or almost taboo topics. But risk is required for any type of return in life. So how should practice/business owners think about risk? If you're embarking on a new ... more

So much of business ownership is about your mindset. So what happens when you take the cognizant approach to shift your mindset from a practice owner to a CEO? What are the necessary strategies you must incorporate into your life if you want accompli... more

In this episode, Dr. Steve Vargo returns to talk about a topic many ODs quietly struggle with: the role of sales in patient care and practice performance. Inspired by a recent post he shared on LinkedIn, we explore why certain KPIs feel frustrating t... more

Why has the profession of optometry had such a complicated relationship with VCPs (vision care plans) over the years? Some practice owners love them. Others despise them. Some practices are on all the panels. Some have intentionally jettisoned themse... more

Key Facts

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Recent Guests

Dr. Brianna Rhue
Co-founder of DrContactLens.com and owner of West Broward Eye Care Associates.
DrContactLens.com, West Broward Eye Care Associates
Episode: The benefits of shifting your mindset from practice owner to CEO (and the 3 numbers to measure daily) with Dr. Brianna Rhue, OD
Sharon Carter
Expert consultant focused on the financial management of optometry practices
ECOC
Episode: Where's my money?! with Sharon Carter
Dr. Adam Bryan
Optometrist who successfully sold his practice to a private equity firm
Episode: Finding the right buyer: a PE sale built on trust, not just numbers, with Dr. Adam Bryan
Dr. Chris Smiley
CEO of Vision Professionals
Vision Professionals
Episode: Embracing vision plans to profitably grow your practice
David Cohen
Transaction attorney with experience in sales and corporate dealings.
Cohen Property Law Group
Episode: The legal side of selling to PE: setting expectations the right way
Dr. John Abbondanza
Long-time owner of an optometry practice who has sold to private equity
Episode: Selling with integrity: Dr. John Abbondaza's journey of ownership up to and through a sale to private equity
Bryan Langdon
An expert in long-term care insurance with over 30 years of experience.
Episode: How OD practice owners should think about long term care insurance with Bryan Langdon, CLU
Dr. Dodge Perry
Longtime listener and friend of the show, partner at Nova Vision Center
Nova Vision Center
Episode: Building my ideal "Frankenstein" practice discourse, 3 important practice metric numbers to focus on, and examples of AI use in practice with Dr. Dodge Perry, OD
Dr. Mick Kling
Optometrist and member of Vision Source, with extensive experience in managing and consulting within the optometry industry.
Vision Source
Episode: The power of community, stopping the "race to the bottom," educating ODs on practice affordability, discussing the Associate OD shortage, and more with Dr. Mick Kling, OD

Host

Adam Cmejla
Certified Financial Planner and experienced Wealth Adviser with a focus on helping optometrists improve their financial understanding and practice management.

Reviews

4.9 out of 5 stars from 117 ratings
  • Timing is everything!

    Very. long time listener, first time reviewer. Somehow Adam has the. uncanny ability of presenting an episode that is exactly what I needed to hear at that exact time in my personal and professional life.

    Thank you Adam and your. guests for great content!

    Doug Walker OD

    Apple Podcasts
    5
    Country Eye Guy
    United States2 years ago
  • Big fan

    Great show, he has great guess and content that inspires change in my day to day

    Apple Podcasts
    5
    theDster
    United States2 years ago
  • Awesome content!

    Week after week of great topics and guests. It’s been extremely valuable

    Apple Podcasts
    5
    Nate738366836
    United States2 years ago
  • 10/10 Recommend

    20/20 Money has helped me with everything from navigating student loan repayment to negotiating a partnership to opening a cold start. Thank you for making this content - there’s nothing else like it out there!

    Apple Podcasts
    5
    Amanda Gerson
    United States3 years ago
  • The Best Financial Education for O.D.s

    Step 1: Go to Optometry School

    Step 2: Profit

    Step 3: Listen to 20/20 Money

    Step 4: Actually keep your profits and enjoy financial freedom!

    Apple Podcasts
    5
    MattH65
    United States3 years ago

Listeners Say

Key themes from listener reviews, highlighting what works and what could be improved about the show.

Many reviews highlight the quality of guests and the diversity of topics addressed, emphasizing that the content is both relevant and engaging.
Listeners appreciate the practical financial insights tailored specifically for optometrists, often mentioning the actionable advice provided.
Listeners feel that the episodes are well-organized and informative, enhancing their understanding of complex financial issues within the optometry field.

Chart Rankings

How this podcast ranks in the Apple Podcasts, Spotify and YouTube charts.

Apple Podcasts
#207
Philippines/Business

Talking Points

Recent interactions between the hosts and their guests.

The benefits of shifting your mindset from practice owner to CEO (and the 3 numbers to measure daily) with Dr. Brianna Rhue, OD
Q: What do you think the metric that could really change your business if you knew it every day?
Dr. Rhue emphasized tracking daily receipts and the number of comprehensive exams to identify performance against expectations.
The benefits of shifting your mindset from practice owner to CEO (and the 3 numbers to measure daily) with Dr. Brianna Rhue, OD
Q: How has your viewpoint on risk changed?
Dr. Rhue shared that understanding risk involves asking a series of questions and realizing the cost of indecision.
The benefits of shifting your mindset from practice owner to CEO (and the 3 numbers to measure daily) with Dr. Brianna Rhue, OD
Q: Can you talk a little bit about how you thought about the decision of business ownership circa 2015?
Dr. Rhue reflected on knowing that optometry was a business first, medical second, influenced by her entrepreneurial upbringing and experience.
Finding the right buyer: a PE sale built on trust, not just numbers, with Dr. Adam Bryan
Q: What risks did you perceive as an owner, and how were they alleviated by the private equity firm?
The risks were shared with the PE firm, ensuring the financial structure did not tie payouts to practice performance post-sale.
Finding the right buyer: a PE sale built on trust, not just numbers, with Dr. Adam Bryan
Q: What considerations were made in terms of retaining staff post-sale?
Dr. Bryan ensured that all associates and staff received significant raises and better benefits, fostering a positive transition.

Audience Metrics

Listeners, social reach, demographics and more for this podcast.

Listeners per Episode
Gender Skew
Location
Interests
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Social Media Reach

Frequently Asked Questions About 20/20 MONEY: The Business of Optometry

What is 20/20 MONEY: The Business of Optometry about and what kind of topics does it cover?

Content focuses on providing practical and actionable financial advice specifically tailored for optometrists. The discussions cover topics ranging from long-term care insurance to the financial challenges faced by optometry practices, the implications of private equity, and the importance of strategic planning for practice ownership. Unique features include guest experts detailing their experiences in both finance and optometry, as well as insights into navigating the business landscape amidst economic challenges. This podcast is particularly noteworthy for its deep dives into financial independence and practice management that resonate with listeners looking to enhance their financial acumen within the healthcare industry.

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Which podcasts are similar to 20/20 MONEY: The Business of Optometry?

These podcasts share a similar audience with 20/20 MONEY: The Business of Optometry:

1. EYE OWN A BUSINESS
2. Power Hour Optometry
3. EyeCode Media
4. Optometry: The Ultimate O.D.
5. Optometric Insights Media

How many episodes of 20/20 MONEY: The Business of Optometry are there?

20/20 MONEY: The Business of Optometry launched 7 years ago and published 366 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

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What guests have appeared on 20/20 MONEY: The Business of Optometry?

Recent guests on 20/20 MONEY: The Business of Optometry include:

1. Dr. Brianna Rhue
2. Sharon Carter
3. Dr. Adam Bryan
4. Dr. Chris Smiley
5. David Cohen
6. Dr. John Abbondanza
7. Bryan Langdon
8. Dr. Dodge Perry

To view more recent guests and their details, simply upgrade your Rephonic account. You'll also get access to a typical guest profile to help you decide if the show is worth pitching.

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