Grading on a Curve
Whatever you do, just don’t compare 2020 to other years.
If 2020 was a patient, I suspect most of us would have elected humane euthanasia sometime around May. That would have been after the wildfires in Australia, the U.S. drone strike on an Iranian general, the impeachment and acquittal of Donald Trump, the death of Kobe Bryant, the U.K.’s departure from the European Union, a […]
Colorblindness Is Not a Cure
Not seeing or acknowledging race serves as an exit ramp from discussing or participating in advancing social change.
I remember years ago in grade school when kids stood in front of classmates, especially on movie day, and blocked their view. A common retort was, “You know your parents aren’t glassmakers, right?” It was a smart-aleck way of communicating, “You are blocking my view!” Years later, I have repurposed the adolescent retort when anyone […]
Manage Your Emotions
Understand why you make irrational choices with your investments and what you can do about it.
Standard financial and investment theory holds that markets and investors are completely rational. The assumption is that investors exercise self-control and adhere to a defined investment discipline when making financial decisions. Therefore, those decisions are free of human emotion at all times. Yeah, right! Behavior and Investing The influence of human emotions on financial decision-making, […]
Sell now or later?
What likely will be the biggest financial decision of your life shouldn’t be made in haste. You can sell your practice quickly to a consolidator, hand off to an associate in 10 years or do something in between. Weigh your options and the pros and cons.
We work with successful veterinary practice owners who are contemplating the sale of their hospital. In many cases, they are considering a sale because of the significant growth in corporate consolidators who pay multiples as high as twice the historic valuations. A general feeling exists that the bubble will inevitably burst and that practice values […]
A golden opportunity
Politics and Policy
The human-animal bond has brought monumental change to the veterinary industry. You can run with the pack and enjoy the riches, or you can be a slow-to-react naysayer.
Can veterinarians handle success? That’s a silly question, right? Of course, veterinarians can handle success, just like anyone else. But are you sure? Does handling success only mean applauding and cashing the checks while success unfolds around you? Or does it involve understanding the fundamentals of why success is occurring and then evaluating and implementing […]
The gender divide
Truth be told, misogyny is a problem in veterinary medicine. Our increasingly female profession can take constructive steps to even the playing field.
Back in late July, U.S. Reps. Ted Yoho of Florida and Alexandria Ocasio-Cortez of New York had a bit of a run-in on the steps of the Capitol. The episode stemmed from policy comments that Rep. Ocasio-Cortez made during a speech and that Rep. Yoho strongly disagreed with. He used strong words when confronting her. […]
Onward and Upward
Forced to adjust amid the pandemic, we proved we’re capable of radical change. We can do a lot more, from pushing for portable licensure to embracing asynchronous learning.
Our profession, an industry known for its aversion to change, has demonstrated a remarkable ability to adapt, innovate and grow over the past few months. Historically, we’ve been the poster child for a belts and suspenders industry, one that’s exceedingly cautious, but in the face of crisis, we’ve learned much that will help us to […]
The post-COVID learner
Change is coming to traditional veterinary education. Colleges long isolated from each other would do well to share resources, expand online teaching, embrace distributive clinical training and even rethink admissions requirements.
Published nearly a year ago, our article “What Vet School Could Look Like” — read it at bit.ly/VetSchool — speculated on the veterinary learner of tomorrow. While at the time we were encouraged by the early green shoots of change in veterinary higher education, our expectations were low, frankly, given the glacial rate of change in […]
Two out of three is bad
We have technology and wellness care down pat. So then, why are we so slow to empower veterinary nurses? They are capable of so much more. Doctors, it’s your move.
Meat Loaf the singer released his “Bat Out of Hell” signature album, the music of my youth, in 1977. (I know I’m old.) On the album was the power ballad “Two Out of Three Ain’t Bad,” a great song and a sentiment I typically share. In the case of the pandemic, however, two out of […]
Did you catch a financial virus?
If your portfolio is sickly, you better have a treatment plan. A simple 10-part test can help determine whether you should get a second opinion.
As we look back to the beginning of the year — a lifetime ago, it seems — the economy was healthy and growing, the U.S. stock market was rolling along in a bull market approaching 11 years’ duration, unemployment was at levels not seen since the end of World War II, and personal income and […]