Steal My Mid-Year Business Review

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Goal setting is exciting.

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Reviewing is not.

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But reviewing may be the more important business skill.

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Many private practice owners move from one quarter to the next without stopping to evaluate what actually worked, what created unnecessary stress, what produced revenue, and which problems continue repeating.

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That makes goal setting reactive.

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A useful business review gives you enough information to choose your next priorities intentionally.

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Check out the episode: https://youtu.be/KBgemEkNC48

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What Should You Review?

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A mid-year or quarterly practice review can include:

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Financial performance

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  • Revenue

  • Expenses

  • Profit

  • Outstanding balances

  • Recurring costs

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Clinical activity

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  • Caseload

  • Referral trends

  • Cancellations

  • Service mix

  • Capacity

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Operations

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  • Documentation

  • Billing

  • Scheduling

  • Intake

  • Administrative bottlenecks

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Marketing

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  • Referral sources

  • Content

  • Website activity

  • Networking

  • Marketing spending

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Owner capacity

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  • Energy

  • Workload

  • Sustainability

  • Whether growth is supporting or undermining your broader goals

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The REVIEW Method™

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Results: What actually happened?

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Energy: What consumed more energy than expected?

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Value: What created meaningful return?

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Issues: What problems keep recurring?

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Evaluate: What should continue, change, stop, or start?

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Way Forward: What one to three priorities matter next?

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Why Use ChatGPT?

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The usefulness of ChatGPT here isn’t in letting AI choose your business strategy.

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It’s in using it to help synthesize the information you provide, surface patterns, organize messy observations, and challenge vague thinking.

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ChatGPT Projects can keep relevant chats, files, and instructions organized around a shared objective, which can be useful for an ongoing business-planning workflow. 

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The quality of the output still depends heavily on the context and data you provide.

‍ ‍Want to try the Mid-Review Review Quarerly Prompt with ChatGPT here

Questions to Ask During Your Review

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  • What produced the strongest return on my time?

  • What am I doing simply because I’ve always done it?

  • What problem has appeared repeatedly?

  • Where am I spending money without clear value?

  • What services align best with the practice I’m trying to build?

  • What does my actual calendar reveal about my priorities?

  • What would make the next quarter meaningfully better—not just busier?

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Choosing Quarterly Goals

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After reviewing, choose no more than one to three meaningful goals.

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Each goal should have:

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  • A defined outcome

  • A reason it matters

  • A measure of success

  • Major milestones

  • Likely barriers

  • A first action

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Key Takeaway

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Don’t create the next goal until you’ve learned from the last one.

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Your business is already producing data.

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The goal of a review is to stop long enough to understand what that data is telling you.

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