Peter Holt

speaker

441 appearances 2 recordings 1 series first heard Aug 2021 last heard Mar 2022

Peter Holt’s voice in public audio — every appearance, attributed to the second.

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Franchise Today · Peter Holt: Adjustments are the Norm, at the JOINT Chiropractic! · 18 Aug 2021 podcast

And so that we you know, like all of us in that small box retail space, all those little boxes lined up, we need to make sure that we are educating the consumers who live, work, and travel in that five to fifty minute radius.

So when they need our product or service, they open that door.

And so that by opening that door and by educating the consumer about the power and efficacy of chiropractic is absolutely what has been driving our business.

So if we look at it, Stan that if

If we go back, this set aside the 2020 COVID period.

If we look at our comps, for example, which is a very good indicator of where concept's headed, if we go 16, 17, 18, 19, four-year comps, if we stack our comps over that four-year period, our comps were 99%.

So almost 25% year over year over year.

Now, even in the middle of the pandemic, that when we finished the full year comps, it was 9%.

And that we just earlier this year were public, of course, and we reported out our Q1 earnings in May of this year, our comps were 21%.

And I'm gonna tell you what drives our business more than anything else, and this is the real question, is that chiropractic works.

This is the whole message for us, is that chiropractic.

Chiropractic actually works.

Now we're in it.

Now we're in a country of pain and it's getting worse.

And yes, we're in the COVID, you know, with the pandemic, but we also have a pandemic of pain, we have a pandemic of obesity, we have a pandemic of diabetes, all these things that are just creating so much pain.

In fact, they'll tell you there's like the cost of pain in this country is estimated to be over $650 billion.

Now, half of that is lost wages, and the other half is what we spend to get out of pain.

And then if we kind of look at chiropractic, it's about a sixty.

$16 billion industry and it's dominated by these 41,000 independent practitioners.

Mm.

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