I frequently mentor Certified Legal Nurse Consultants who are challenged by the demands that go with their having created successful CLNC® businesses with lots of cases and lots of attorney-clients.
Many CLNC® consultants try to do everything themselves because they feel no one can provide the CLNC® services to their attorney-clients the way they do. That’s what I thought when I first started my legal nurse consulting business and, it’s true. However, I quickly learned that if I hire the right CLNC® subcontractor, that person might do some things better. I wouldn’t be where I am today without the many CLNC® consultants who bring their unique expertise to my legal nurse consulting business.
From the beginning, you want to build a network of CLNC® subcontractors who will help you offer a wider range of expertise to your attorney-clients. This is the smart way to increase your client list, your caseload and your CLNC® business revenue.
Subcontracting ensures that as you take on more cases in different specialties, and add more attorney-clients, that you will continue to bring accurate and cost-effective opinions to the table. As you continue to promote your business more aggressively, you will still have time for yourself, which is why you got into business for yourself in the first place.
According to the LA Daily Journal, “On average, a nurse working at a hospital makes $40,000 annually, according to the American Nursing Association, while legal nurse consultants can make $200,000 a year or more if they consult full time….$400,000 a year for an established legal nurse consulting firm is not unheard of.”
There is only one way you can possibly earn $400,000 a year for your legal nurse consulting business: by leveraging time through other CLNC® consultants.
Leveraging is the principle of using other people’s time, energy, talents, money, knowledge and effort to achieve your desired goals faster than you could on your own. Time and brain power are your two major assets. You can’t control time and can only work so many hours a day no matter how energetic you are. You have to leverage time with CLNC® subcontractors.
Billionaire oil tycoon J. Paul Getty once said, “I would rather earn one percent of 100 people’s efforts than 100 percent of my own.” That’s leveraging in a nutshell. Subcontracting is a way of leveraging your time, knowledge and efforts.
Larry Frace, RN, CLNC shared this with me about subcontracting.
“I cannot believe that I have been a Certified Legal Nurse Consultant for nine years and it took me eight of those years before I started using Certified Legal Nurse Consultant subcontractors. I must be a slow learner because I vividly remember Vickie saying in the CLNC® Certification Program nine long years ago, that we all should consider utilizing CLNC® subcontractors in our business. All I can say at this point is better late than never. I wanted to take my CLNC® business to the next level and wanted to create my dream team by using CLNC® subcontractors. Looking back now it was really quite simple to do.
I wanted my utilization of subcontractors to be something special and different. I wanted a dream team. Enter my PEA-POD Concept – I wanted all my CLNC® subcontractors to feel that they were a part of a team, like Peas in a Pod. The POD would be my company acting as the Point Of Distribution of cases that I would obtain from marketing to attorneys; however, now my marketing focus would be showcasing the combined experience of ten CLNC® consultants with well over 240 years of nursing experience!
My marketing package turned into a 25-page portfolio that I now send out along with Ghirardelli chocolates, educating attorneys how they will obtain ‘Sweet Results’ if they choose to use my company’s ‘Dream Team!’ I keep in contact with my CLNC® subcontractors by group teleconferencing once a month and emailing them weekly at first and now as needed. You guessed it…the title of my emailing is PEA-POD PONDERINGS. What makes this concept dear to me however are the PEAS and how we connect with each other.
Professional and passionate CLNC® consultants
Encouraging each other to take,
Action steps each day to achieve,
Success with spectacular results!
Avoid your fear of subcontracting. Get rid of your own stinking thinking! As I stated above, utilizing CLNC® subcontractors is a simple way to expand your business by taking it to the next level. Once you decide to use CLNC® subcontractors, plant that idea firmly in your mind and take action in order to cultivate your decision to grow your own PEA POD!”
This is the smart way to expand your CLNC® business. Start building your network of CLNC® subcontractors today.
Success Is Inside!
| P.S. |
Comment and share why you only subcontract with Certified Legal Nurse Consultants. |
| P.P.S. |
Be sure to read 15 Best Practices for Sensational Subcontracting with CLNC® Consultants (Part 1 on February 11 and Part 2 on February 12, 2010) and learn how the CLNC® pros are using these strategies to expand their CLNC® businesses. |
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