Scaling Peaks and Business Summits: Ross Tompkins' Journey from Physio to Serial Entrepreneur
Ross Tompkins, owner of multiple businesses and former physiotherapist shares his remarkable entrepreneurial journey.
Ross shares his story of transitioning from a clinical role in physiotherapy to becoming a successful business owner, with a focus on occupational health and innovative business growth strategies.
Through a series of epiphanies, Ross learned to prioritise business skills over clinical skills to expand his impact and success.
Key Points Discussed:
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Ross's Background and Early Career:
- Started as a physiotherapist in the NHS but moved to private practice after 18 months.
- Founded his first business in 2006, focusing on occupational health physiotherapy.
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First Epiphany – Occupational Health Focus:
- Realised most patients' issues stemmed from their work environment rather than sports injuries.
- Shifted focus to occupational health and ergonomics to better serve his patients.
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Second Epiphany – Importance of Marketing:
- Recognised the need for marketing skills to grow his business.
- Stopped clinical training to focus on business growth, resulting in significant expansion.
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Third Epiphany – Growth through Acquisition:
- Lost a major contract but discovered the potential for business growth through acquisitions.
- Acquired 13 businesses and plans to complete six more acquisitions this year.
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Transition from Clinician to Business Owner:
- Stepped away from clinical work to focus solely on business operations.
- Discussed the challenges and emotional aspects of changing professional identity.
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Managing and Leading Teams:
- Emphasised the importance of hiring skilled individuals for various roles.
- Focused on strengths and delegated tasks to experts in operations, marketing, and finance.
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Balancing Variety and Focus – The 70-20-10 Rule:
- 70% on the main thing, 20% on the next big thing, 10% on passion projects.
- Focused on high-impact tasks while allowing time for creative pursuits.
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Educational System and Creativity:
- Critiqued the regimented educational system for stifling creativity.
- Encouraged clinicians to apply critical thinking skills to business challenges.
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Personal Goals and Achievements:
- Ross's goal to visit every country and complete the Explorers Grand Slam.
- Discussed how travel fuels his creativity and business acumen.
Memorable Quotes:
- “You can be the best therapist in the world, but if nobody knows who you are, how will your clinic grow?”
- “Focus on your strengths and surround yourself with people better than you in other areas.”
- “Our businesses are helping people every day, even if I’m not putting my hands on patients anymore.”
Connect with Ross Tompkins:
- LinkedIn: Ross Tompkins
- Twitter: @RossTompkins