The Economics of Acupuncture Failure
You’re a good acupuncturist. Well-educated, dedicated and passionate to be sure, but are you successful?
Now, I don’t mean success, as in serving humanity and helping people get better. That’s a given. No, I mean, are you making a living at it? Can you pay your student loans? Is money a major problem in your life?
Of course, I realize there’s more to life than money. But I also know you can’t serve and help people as an acupuncturist if you can’t make a living doing it. And unfortunately, FAR too many acupuncturists aren’t making it. It’s a tragedy.
I don’t want to bum you out, but here are the acupuncture stats according to NCCAOM:
When you do the math, the numbers simply don’t work. The medicine is wonderful, but the career path stinks. You can’t make a living and pay student loans with these numbers.
So let me tell you about one more, much better, statistic:
15.9% of acupuncturists make over $105,000 per year.
In the midst of all the difficulties and failures, there’s a significant number of acupuncturists making 6 figures! And that’s reason for hope! What this number tells me is that it CAN be done, even if not many know how to do it. In other words, there’s a solution to this problem, and you can learn it.
Because you’re reading this, I’m betting you don’t want to be a negative statistic. And even if your practice is doing OK, I’m betting there’s room to do better. Otherwise you wouldn’t be here, right?
So here’s the good news:
You don’t have to fail. In fact, almost anyone can beat the odds if they understand a few key principles of success. So what if you didn’t learn them in school? Let’s face it: School was to get you a license, not to make you a successful business owner.
I’m on mission to help acupuncturists succeed. I’ve spent the last 14 years researching, publishing, innovating and studying the techniques of successful practitioners. I’ve helped thousands be more successful, and I want to help you.
So I’ve gathered a panel of experts in cutting edge acupuncture techniques, practice marketing, and high-tech solutions to the problems all acupuncturists face. Our upcoming Acupuncture Technology Symposium will give you the plan and show you the steps others have followed to reach the levels of success most only dream of.
Don’t be a statistic! Register now for the symposium and learn the keys to getting more patients, producing superior results, and creating the kind of viral buzz that fills your schedule!
Imagine a full schedule with patients who love what you do and refer their friends. Imagine being able to reach and change thousands of lives. And imagine being able to make a good living doing it and pay off your student loans. It’s all possible!
Too many acupuncturists fail—because they fail to approach their practice as a business. Don’t make the same mistake. Register now!
It as acupuncturists, we don’t have the knowledge or to be working. To date, in 9 months of being “open” I have grossed almost $1000. My rent for the office is $560 per month. So, I am really not getting anywhere. And my income for 2 people per month is 1800 (the 560 comes out of there). I absolutely have no money to do anything or go anywhere to make money, buy products, or attend seminars (I just got an “offer” today to go to Scottsdale for 2000 dollars and 200 for lunch)! Ha Ha! I even got a hard sell about why s aren’t going to go away! LOL! So I should invest the ($4000) for there training! ROTHFLMAO! I can’t stop laughing. I feel like I’m being preyed upon!
Hey CJ,
Sorry to hear about your tough situation. Not sure where you’re getting your $4000 number for the training we’re offering; it’s well under $1,000.
Isn’t it crazy that people will invest well over $100,000 in school to get a license, then “ROTHFLMAO” at the mere thought of investing a few hundred bucks learning how to actually use that license to make a living? All while failing to even make food money? I can’t imagine a more backward way of thinking, or a more tragic situation. I wish you future success, and if I could offer one piece of advice, it would be that if you’re drowning, it’s likely smarter to swim toward the rope someone throws, not away from it.
Good luck, my friend.
Adrian
Interesting, if short a blurb above. A bit disheartening for me to read as someone interested in a career change. However, I believe I can be in the top 15.9%. I have done it before, in my present career.
With regard to CJ, I am very sorry that things are so hard. However, doing a little back of the envelope math at $75 dollars a visit it seems like you are seeing 4 patients a week over 9 months to gross $10,000. Perhaps you need to drive patient visits, which could be tied directly to name recognition and marketing/sales efforts.
I know these types of activities are difficult, not because you do not know what needs to be done, but because they require “putting yourself out there” and taking a risk. Activities that often give people the proverbial collbywobbles. The only way to kick the collywobble habit is take the risks and learn the fear is only imaginary. It comes from imagining bad outcomes. If you self reflect you will likely find the bad outcomes are not real, only imaginary.
Good luck.