I've spoken honestly here about the challenges in the last 2 years of re-starting my practice after being closed for a year. And I want to take this moment to say it looks like -- after almost 2 solid years of work -- my practice is hitting its stride again.
I'm meeting or exceeding my minimum financial goals most weeks. I'm attracting new clients every month. I have enough work in my home office to start to scale back my time at the gym across town. I can honestly see myself reaching my ultimate goal -- a private practice near (not in) my home in a space that I share with other practitioners -- in 2 years.
Yes, it's a relief.
But, remember, it took me two years of really working every avenue I had and could imagine to get here. Which meant I had
plenty of slow days, weeks, months, and quarters. I've had days/weeks/etc. when I was very discouraged and anxious.
This week is going to be a slow/quiet week. With Independence Day in the middle of the week, people's schedules are out-of-whack. People are travelling. Thursdays are usually a busy day for me but I'm closed this Thursday.
Plus, I live in Washington DC. This is a city that takes Independence Day very seriously and formally. Folklife Festival down on The Mall. Big concert by the National Symphony Orchestra at the Capitol. Special bell-ringing at the National Cathedral. All the Smithsonian museums are open, including American History. The National Archives -- which houses the Declaration of Independence, the U.S. Constitution, and the Bill of Rights -- is open.
And let's not forget the fireworks!
Lots of distractions and lots of traffic. I'm closed on Independence Day because I'm 1.5 miles east of the Capitol. It's not worth it to try to get to my house after mid-day. In fact,
I plan to be over on the Chesapeake Bay on Thursday, doing a little kayaking and watching the fireworks over the West River.
In short, it's not going to be a big money week.
When we have a low-money day/week/month/etc., what do we do (besides panic and/or get depressed)?
1. Gird yourself with facts to put the day/week/month in perspective.
How much money do you
need to make per week / month / quarter to meet your basic needs (food, shelter, etc.)? If you don't know, you are vulnerable. If you do know, will this day / week / month put you in the hole? If not, quit panicking. If it will, decide what you're going to do about that.
Does this slow time signal a downturn in your business or is it a normal seasonal slump? If you've been in practice for more than 2 years, look at your schedule for the last two years and see if this is a pattern. Is the week of July 4th always slow? Is
July always slow? Does it usually rebound next week or next month?
Is this happening just to you or to most MTs in your area? Talk to them. If it's just you then it's not the market. If it's not just you, then it's not your fault. In either case, talk among yourselves and see what the community's wisdom is around this slow time.
Many massage therapists place a lot of value in their intuition -- what does this situation
feel like? -- but quite honestly our intuition around money and business can be clouded by fears, insecurities, lack of knowledge, etc. Undergird any instincts with facts.
2. Take the time to take care of your business.
Are there business activities / projects / initiatives you wanted to do but haven't had time for? Now's the time!
Does your website need to be updated? Or created????
Do you need to add online scheduling? Now's a good time to do the research and get that set up. How about accepting credit cards?
Is your filing a teetering tower on your desk? Time to reduce that fire hazard!
Is your bookkeeping up to date? Reeeeeallllly? (And I don't mean all your receipts are in a shoebox.)
Read the trade pubs lately? Massage Today? AMTA Massage Journal? Massage Magazine?
Have you been meaning to contact select PTs / chiropractors / orthopedists / dentists / etc. in your town? Time to draft a letter and schedule a visit / cup of coffee with them.
Got any books you've been meaning to get to? Business, anatomy, modalities, etc.?
Have you been wanting to come up to speed on the latest massage research (and, really, it would be a huge benefit to you and your clients if you did)?
How about self-study? Want to understand trigger points better? Need to review that stretching class you took last year? How about that marketing textbook you picked up at the last convention?
Is there a training class you've taken that you're still not quite comfortable with? Invite your clients, other MTs, and friends over for (low-cost) practice sessions. If you can get 4-6 sessions under your hands, you'll be a lot more comfortable (and it's a very subtle way to market the fact that you do this particular kind of work).
3. Take the time to take care of yourself.
Self-care is an on-going challenge for all of us. All of us.
Gone for a long walk lately? Or bike ride? Or swim? Gotten your kayak in the water lately? Been camping recently?
How's
your stretching regimen going? We're more credible when our clients learn that we practice what we preach. Same with massage. When was the last time you got a massage?
Has it been a long time since you've been to see your parents / grandparents / siblings / best friend? Is a road trip an option? Sometimes the best response to a panic attack about your business is to get the hell away from your business.
Are there good museums / theaters / artsy-fartsy offerings in your town? Are any of them free or low-cost?
Slept in recently? Tried any new recipes? Spent the whole day reading a good (non-massage-related) book? Caught up with the latest season of [fill in the blank]? What do you fantasize about doing when you're swamped by your schedule?
So, which of these three things should you do?
ALL of them! Always start with #1. Too many of us are vague about the facts of our business. Don't assume, though, that you have to do #2 before you do #3. Sometimes, you should go straight from #1 to #3. We all know that we can't take care of anyone else (including our businesses) if we aren't taking care of ourselves.
A slow day / week / month / quarter is not the Kiss of Death. It's not The End of The World. It's just.....slow. What can you do with that (besides panic and depression)?