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An Unexpected Secret to Succeed in Business and in Life
In this "EOY" (End of Year) newsletter (a tradition of mine, by the way), I've decided to share a secret that could increase the probability of 2026 being your best year ever. Grab some tea or your favorite "holiday beverage," go somewhere quiet, and let's spend a little time together exploring some valuable ideas...
Dr.'s Nevin and Amanda working on ChiroSimple. That day involved 6 coffee's, 2 mini-fights, 2 make-ups, and lots of ChiroSimple improvements that you're all enjoying today.
The Reason Most People Fail I'll get right to it...you're likely impatient. Yup, I said it. It's an easy trap to
fall into, and most people these days have completely lost patience thanks to technology. It's been proven we have patience less than that of a goldfish, but that study is now almost a decade old, and I'm sure it's far less than that today. Patience isn't something most people are born with, it's a learned skill. Most never learn it, or lose it via technology (social media, etc). And, as you'd expect...most never succeed. I recognize there's a correlation/causation assumption here; However; here's something I know for sure... I've never met anyone successful who isn't incredibly patient. Patience alone isn't enough to "make the bread rise" -- you'll need one other ingredient...I'll share that with you soon, keep reading... If you're new to ChiroSimple, you might also be new to our newsletters and a relationship I'm honored to have with you. A little about me, for those who are new. I'm Dr. Nevin, the co-founder of ChiroSimple, along with my wife, Amanda (she's the real hero in my
story). We're both chiropractors. She, a full-time animal chiro, exclusively. In addition to co-running ChiroSimple, I'm a passionate investor and macroeconomic enthusiast. (Amanda's rolling her eyes right now...yes, I'm a total nerd).
Dr. Nevin spending time, picking the brain of another Billionaire hedge fund manager.
Back to our discussion...Have a look at this chart below. You may recognize this company...
If you had bought Amazon in 1997, and held it through 2010, you'd have held it for 13-agonizing years, while those closest to you thought you were throwing your money away, believing you're making a huge mistake and acting reckless with your hard earned money. During that time
(13-years), your investment was a loser (and so were you! Well, not really, but you sure looked that way based on this trade). That's 13 Thanksgiving dinners with your family asking you, with a condescending tone, "so how's that Amazonian stock doing? I don't see a Lamborghini in our driveway 😜!" For 13-years, Amazon consolidated nowhere (went sideways). You looked like an idiot. Then,
forward from 2010, it begins to climb...slowly, then suddenly goes parabolic around 2014. Had you invested $1 back then, you'd have $302,000 today. $10 invested? That's $3-million today. The math is insane. Who's the idiot now? I wish this were a personal story. Nope! I was too busy building a chiropractic practice to pay attention to "boring money stuff like this." (sensing the sarcasm?) All you had to do was buy the asset and wait. Easy right? Nope, again! • Everyone told you, you were crazy. • You were distracted by other things in life, like building a chiropractic business, kids, your car broke down, you were moving, etc, etc, etc. • No one else you knew was doing it, so it wasn't popular. You had to go against conventional wisdom and actions -- not easy for most people. • You didn't really understand investing, stocks, etc, so, it felt "dangerous." There's lots of possible reasons why we all didn't invest in it. We were all horribly wrong. (If you did, give yourself a pat
on the back; though I'm sure you've done plenty of that already) Winning this trade required unbelievable Patience and one more ingredient that I'm ready to reveal to you -- Conviction (based on Fundamentals). Most people don't have either. You'll be different if you keep reading...
Luigi (4), posing in the snow on our deck. Our weather changes rapidly, there's no snow on our deck at the time of writing this newsletter, but more (a lot more) is coming...
Patience, is actually the easier of the two, to gain (though not easy at all) -- conviction (the correct kind) requires a lot of hard work. Conviction (the correct kind) is obtained through knowledge. There is no substitute. You can possibly borrow some conviction from someone who's put in the work and earned it; but, because you don't own it, it's fleeting. You'll lose it soon enough, leaving you unsure once again. Patience
applied to anything, without conviction, might lead to crackers instead of the bread you wanted...or worse...nothing at all. Anyone can apply patience to something they want badly enough. But if applied to an asset/business idea/relationship/etc lacking the proper foundational support, you're holding on, waiting for
inevitable disappointment.
Around the same time Amazon launched, everyone was talking (far more) about Pets.com. Buying this in early 2000 and being patient, would have resulted in you losing all your money. Patience alone isn't enough. How To Gain (The Correct Type) of Conviction Conviction is gained by studying and understanding fundamentals. Fundamentals is a finance term, that basically means, "understanding the foundation that holds up the asset, ensuring it's footed on solid ground, able to withstand difficulties, with a high probability of success." (that's my own personal definition, as I apply it). Careful though...you can misbelieve you've got
conviction in the absence of understanding fundamentals -- this is quite common. You don't actually have conviction, what you have is more appropriately called, "blind faith." Blind faith is risky. Sometimes we need to temporarily rely on blind faith while obtaining conviction. It's important not to rely on blind faith too long -- the fundamentals might not be
validated, and failure becomes more likely. I meet people, almost weekly, who lack fundamentals, but have plenty of "conviction" (blind faith). Sometimes, I actually own the fundamentals they've not yet earned...I rarely burst their bubble, even though it takes every ounce of strength for me not to. Pets.com had terrible
fundamentals. Even a little fundamental investigation would have revealed this to you -- all you had to do was look (most people are too busy/distracted/worried they'll find what they don't want to see). Their business strategy was (essentially) to spend more than they made on advertising and sell their products at a loss. You don't have to be a business genius to realize this ain't gonna work! Amazon, on the other hand, was founded by Jeff Bezos in 1994. He was a very successful hedge fund wall street investor, with a proven track record for success. He left an extremely high paying career to start Amazon (named Cadabra, early on). This isn't just some random guy with an idea. This is someone who deeply understands fundamentals, he's a professional investor. And boy did he have motivation to succeed. People who understand patience and fundamentals can relocate just about anywhere and make it work. You probably know someone like this. They just seem, "lucky." I've got news for you -- it ain't luck; it's Patience and Conviction based on true Fundamentals.
Luigi (4), has some patience, a lots of conviction, especially when it comes to food!
To gain fundamentals, all you need to do is look for it. Since, we're all running animal chiropractic businesses, allow me to share some fundamentals with you: - Animal chiropractic is a growing profession, becoming more widely recognized, utilized and accepted across the globe. Entering a profession, at the early stages (think early Amazon investor), is a really smart move, provided the fundamentals make sense (and they do!).
- Animal chiropractic is a trading time-for-dollars business, capped by your time and efficiency.
- Upgrading anything in your business that can buy you back more time is the #1 fundamental action you should obsess over. (Shameless plug: ChiroSimple is the fastest, least expensive and easiest way to buy back hundreds of hours of time, instantly increasing your bottom line).
- You'll generally be able to help more animals working out of an office, rather than driving to patients. (the exception to this is barns, where some of our members see many animals in one place)
- You're in the relationship business. Honing relationships is paramount to your success.
- You will
not only be judged by the results of your treatments, but by the quality of your notes -- they are a direct reflection of your competency, and represent you as a either: a professional who knows their stuff; or misrepresents you with little to be desired. (Hand-written notes no one can read, quick check-off printed sheets, or notes written in your notes app on your phone isn't something real professionals do, #sorrynotsorry)
- Your ability to continue operating your business requires you
don't get in trouble (with the board, or worse). Defensible, boast-worthy notes is a smart investment, "insurance," and marketing you could ever implement.
Notice these fundamentals and check every business decision them first. This should result in a business built on a solid foundation, with a trajectory toward success. BONUS HINT: The concept of patience and conviction (fundamentals) doesn't just apply to building your business...it also applies to: - Investing (as you'd expect. That's where I learned this)
- Your relationships, especially with a life-partner
- Buying a vehicle or a home
- Relocating to a new state/province/country
- Which dog is a good fit for
your family
- ...and more.
Dr. Amanda (29 😜) and Alfi (8). Dr. Amanda owns true conviction (with Fundamentals), but (admittedly) lacks Patience, though she's working on it!
Bringing it All Together You've learned why you need both, Patience and Conviction (based on true Fundamentals) to stack the
probability of achieving your desired results. In your animal chiropractic business, I'm sure you want to help as many animals as possible. To achieve this, you'll need to: - Save time everywhere you can! I can't stress this
enough.
- Protect your downside risk! Don't operate with exposed risk or you may take yourself out of the game completely (ChiroSimple solves 95% of this the moment you start using it).
- Be patient, and continue doing the things you know will build your business. Send every Vet (and/or human chiropractors of your animal patients) your ChiroSimple
Notes; meet referral sources (Chiro's/Vet's should meet with human chiro's, they will refer to you!)
Luigi is demonstrating how to get acute torticollis. If anyone knows why dogs do this, please reply and let me know. I'm baffled why this feels good.
You're amazing. What you do is amazing, and your mom is proud of you wherever
she is - I promise.
If you appreciate these newsletters, please drop me a reply and let me know. I often wonder if anyone is listening on the other end?
I sure hope I've given you some value that might empower you to get ahead in this exciting game of life and business. All of us here at ChiroSimple appreciate you and what you do. Helping animals is (at least from my perspective) a gift to the world that deserves to be returned to you ten-fold - you're truly making a difference, and we love you for that.
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Thanks for letting us be a part of your story, Dr. Nevin
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