The #1 Cash-Based Trap Nobody Talks About (And How to Break Free!)
Nov 05, 2024One of the things that drives traditional cash-based business owners crazy is this big flaw in its design: The need for CONSTANT client acquisition.
Stuck in a stressful cycle of needing to find new clients just to keep the lights on…
In a typical cash-based model, each client represents a one-time burst of revenue. Even if you get them great results, they eventually stop coming once they’re "better” - it’s just how PT is initially designed to be consumed and works fine for high volume medical models, but cash businesses don’t function that way.
So, the only way to keep the business running is by constantly finding new clients. It’s exhausting—and frankly, it’s not sustainable.
And while it might feel great when your schedule is full, there’s always that looming thought: "What happens next month?"
We call this the revenue roller-coaster.
Your schedule is slow, so you start pounding the pavement, nurturing your relationships in the community, doing workshops, dropping into gyms… but then you get busy, your schedule books up, you don’t have time or energy to do those things at the same rate, and you start to sense the end of leads flowing in… rinse and repeat… month after month after month.
Stress. Burnout. Anxiety…
What if it didn’t have to be that way?
What if you had a solution that changed the need for how you service clients and, thus, changed the need for how often/many you needed to acquire…
You’re in luck because we created it.
As a fellow cash PT myself, this is exactly one of the issues I experienced, and it led to the evolution of the Performance Provider Growth Model: A system designed to change the way PT was consumed and, as a result, extended the client lifecycle, created recurring revenue, and raises your revenue floor month over month.
Once you embrace this change in how we’ve always done things, your business won’t rely on a revolving door of new clients.
Here’s how it works:
- You’ll still have an in-person component to your business, but we will shift the outcome away from getting out of pain to getting back to performance goals.
- When appropriate you’ll layer an asynchronous virtual offer, we call it a Prescriptive Exercise Program, alongside the in-person sessions.
- As time goes on, clients become less dependent on coming to your facility in person and more independent with their Prescriptive Exercise Program.
Simple. Not easy. The result?
Almost DOUBLE the lifetime value that traditional models create, which means your need to acquire new clients is cut in HALF.
But that also doesn’t account for the fact that you now have recurring revenue in your business. A cheat code for a stress-free business.
You can keep doing things the old way, or you can adapt. The choice is always yours.
If you feel like it’s time to stop trading time for money and start building a business that works for you, you know where to find us.
Interested in learning how to apply this to your clients?