Latest / The Inspired Stories Podcast / Rebuilding After Crisis: Tracy Powers on Navigating Home Care Through the Pandemic | Nursing Home Series | Senior Care
Transcript
- 0:04Welcome to another edition of the Inspired Stories podcast,
- 0:08where leaders share their experiences so we can learn from
- 0:11their successes and be inspired by how they've overcome
- 0:14adversity. My name is Anthony Kotaspodi and
- 0:16today's guest is Tracy Powers, general manager and owner of
- 0:20Synergy Home Care of E King County, North Seattle and South
- 0:25Snohomish in Washington. Synergy Home Care is a provider
- 0:29of non medical in home care for individuals of all ages and
- 0:33abilities. They focus on providing a
- 0:35comprehensive range of in Home Care Services that enable
- 0:39individuals to maintain their independence and enhance their
- 0:42quality of life within the comfort of their own homes.
- 0:45Their offerings include personal care, assistance with daily
- 0:48activities, companionships to alleviate loneliness and
- 0:52housekeeping support along with errand and transportation
- 0:55services. Specialized care for those with
- 0:57chronic illnesses or memory impairments, hospital to Home
- 1:01transitional care and 24 hour Live in care for continuous
- 1:06support. By delivering compassionate and
- 1:08personalized care, Synergy Home Care strives to improve the
- 1:12well-being of their clients and bring Peace of Mind to their
- 1:15families. Recognize for its consistent
- 1:18achievements, Synergy Home Care has experienced consecutive
- 1:21years of historic growth. Headquartered in Tempe in
- 1:24Arizona, they have over 400 offices across the country,
- 1:28ensuring compassionate care remains widely accessible.
- 1:31Now, Tracy has owned and LED his franchise since 2009.
- 1:35He continues to expand the reach of his team, ensuring people
- 1:39receive care that meets their unique needs.
- 1:42With over a decade of experience in home care management, Tracy
- 1:45understands the importance of personal attention, compassion,
- 1:49and innovation. He's committed to helping
- 1:51families and individuals find comfort and independence within
- 1:55their own homes. Now before we get into all that
- 1:57good stuff, today's episode is brought to you by my company,
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- 2:23To find out if your company qualifies, contact us today at
- 2:26AD back benefitsagency.com. All right now back to our guest
- 2:30today, the General Manager and Owner of Synergy Home Care,
- 2:33Tracy Powers. I appreciate you making the time
- 2:35to Share your story today. Glad I could be here.
- 2:39So Tracy, the first thing is I need to check in on my
- 2:42pronunciation of Snohomish. Yeah, it's Snohomish.
- 2:47Snohomish, thank you. Snohomish, yes.
- 2:50I knew I butchered that. I'm glad you were here to get me
- 2:53back on track. All right, so Tracy, before you
- 2:57got started with Synergy and in home healthcare, what were you
- 3:02doing before? What's what was sort of your
- 3:04career trajectory actually started leave a little bit
- 3:07earlier than that. What What did you study in
- 3:08college? Yeah, OK.
- 3:10So I studied. I went to Iowa State University,
- 3:15majored in mechanical engineering and from there I
- 3:19went to work for a company down in Texas, Texas Instrument,
- 3:23where we were designing. Actually these were top secret
- 3:26projects that at the time we weren't able to talk to about it
- 3:30much, but but I end up doing a quite a bit of a design work
- 3:35down there as a mechanical engineering.
- 3:37But while attending there, I, I end up getting my MBA and once I
- 3:42got my MBA, I worked for Tia little longer, went to Compaq
- 3:46computers design, started designing computers and then I
- 3:49had a taste for robotics and went into sales.
- 3:53From here, I started out robotics design and then end up
- 3:56going into sales and sales and then I thought of was in that
- 4:03area for the rest of my technical career as I went
- 4:07through Compaq Computers. I end up joining Hewlett Packard
- 4:12again into technical sales and marketing.
- 4:15And then from there I joined Sun Microsystem and, and it was
- 4:20still in and that's where I finished my career on the
- 4:24corporate side before I pursued the entrepreneuring opportunity
- 4:29that I'm I've been in since then, so.
- 4:31Well, you walked, you worked for a lot of the big tech Titans
- 4:34back in the day, TI Compaq Sun, I mean, these, these are some of
- 4:38the, the, the biggest names out there.
- 4:40And I'm curious, you mentioned it at Texas Instruments, you
- 4:43worked on some top secret programs.
- 4:45Are they still top secret or are you allowed to sell?
- 4:47They were, you know, yeah, you can say something about it.
- 4:49It was, you know, it was, you know, the, you know, missiles,
- 4:52missiles and things like that, working on packaging a lot of
- 4:56those components. So you know, you work with a
- 4:59group of engineers and you're trying to figure out how things
- 5:01are packaging. There was the manufacturing
- 5:04element. And so, well, I kind of worked
- 5:06through that designing a lot of manufacturing equipment that
- 5:09kept, you know, a lot of the workers safe and all that.
- 5:12And as they were going into. So I kind of had a just a host
- 5:15of things you were doing and again, that was again a long
- 5:18time ago and and so but you know, since then, a lot of the
- 5:22things that you know, that's happened with TI, they've gone
- 5:26public with it. But but it was, you know, a part
- 5:29of the military, you know, a lot of the military offerings that
- 5:32was for the most part so. Well, that's interesting to me
- 5:35because when I think of Texas Instruments, I think of my
- 5:38graphing calculator from back in the day.
- 5:40Yeah, the. Graphing calculator and they do
- 5:43that, you know, they did a lot of that, but they work a lot of
- 5:48you know, it was a lot of military applications that they
- 5:51have for they designed a lot of the the warheads and things that
- 5:56were a part of missiles and all that when when I worked for them
- 5:59so. OK, so before we talk about
- 6:02specifically why you chose Synergy as as an option, why did
- 6:08you decide to leave corporate America and start something on
- 6:11your own? Well, I had been doing the work
- 6:15at corporate for a while and is that was it was at a point where
- 6:19I was trying to figure out should I do anything on my own?
- 6:22You know, I was getting paid to do a lot of things.
- 6:26I was a leader, you know, senior management and, and I think I
- 6:30was at a point when, when I worked for Sun Microsystem, they
- 6:36got bought out by Oracle and everything changed and I was in
- 6:38a point where I could make the decision to leave or continue
- 6:42alone to pass. So I made that decision because
- 6:45I thought it was time for me at that point.
- 6:47I had been working for over 25 years at that time.
- 6:52And so I just kind of, it was just the, the, the right timing
- 6:57for the most part, you know, and if, you know, people have asked
- 7:00that what I've made that decision.
- 7:02If if Oracle hadn't bought out Sun, you know, probably not at
- 7:08that time, I probably would have finished.
- 7:09But that just presented an opportunity for me to figure out
- 7:13what I wanted to do on my own and to test my ability and
- 7:17skills to see if I can, you know, start something and, you
- 7:20know, and build it up and make a success of it.
- 7:23OK, So I understand why I decided to to move on and try
- 7:28something on your own. What specifically drew you into
- 7:31the home healthcare space? And then how did you pick
- 7:34specifically synergy to be a franchise for?
- 7:38My family, which you know, I have lots of Aunt Taco in my
- 7:43mom. My mom was a caregiver all her
- 7:46life and so and I noticed, you know, how she worked and, and I
- 7:52have also a lot of my aunts and nurses, they all have been sort
- 7:56of touching in the, you know, sort of the healthcare space,
- 7:59but it was my mom that really drew me to it.
- 8:02I, you know, I, I saw how she work and, you know, and I, you
- 8:08know, I realized that a lot of the caregivers and I met other
- 8:11people through her that did that type of work as well as I was
- 8:15growing up. And I just, I realized that, you
- 8:18know, a lot of those caregivers felt they weren't treated right.
- 8:21The company didn't look at them right, and all that stuff.
- 8:23And I felt like it was something I can get into and, and, and
- 8:27make a change. And it was because she's kind of
- 8:29led me to, you know, thinking about all that as well as, you
- 8:32know, my, my aunt saw was telling me you should try to get
- 8:35in the healthcare industry, you know, it's great and all that.
- 8:38And so after that, I decided to do the research and, and after
- 8:42looking at I was when I was trying to figure out what I was
- 8:45going to do, I looked at multiple.
- 8:47But this when I took the avenue and start really researching the
- 8:53healthcare aspect and what home care was all about, it kind of
- 8:57like it just spoke to me in a way, in a sense that I could do
- 9:01something here and make a difference in a lot of people
- 9:04lives. I can help because I have that
- 9:06tendency to want to help. I love helping people.
- 9:09I love doing things to just improve, you know, people's
- 9:13quality of life. It was just all about who I've
- 9:16always been. And, and it was from that
- 9:19standpoint, it it, you know, I made the decision that, you
- 9:22know, this is what I wanted to do.
- 9:23And I also, you know, looked at the, you know, the senior
- 9:25population is continuing to grow and this is something that's
- 9:29going to be around for a while. This won't be going away.
- 9:31I wanted to find something that was steady, that I can, you
- 9:34know, just do it forever if I wanted to.
- 9:37Why specifically synergy? Lots of other franchise
- 9:40opportunities in the space. What did you like?
- 9:42Well, you know, when I looked at, because I had looked at, you
- 9:45know, other agencies as well, It's just that when I went to
- 9:48visit Synergy, it was just the professionalism and the way they
- 9:52walk around and also the type of people that they were
- 9:55recruiting. They were recruiting a lot of
- 9:58people who had, you know, really good diverse background that was
- 10:02educated, that was that just kind of knew had a good feel for
- 10:08how to run a business. It was just a really, really
- 10:10good feeling. They just wasn't just picking
- 10:12people and saying, hey, you need to start a franchise because you
- 10:15have the funds to start it. It was really about their
- 10:19selection process and, and how their, the, the franchise
- 10:24support center, how they were going and what they were going
- 10:27to do to help support people trying to get up.
- 10:30And so now big, big shine help in that area that that really,
- 10:34really kind of spoke to me as well is the, the, the support
- 10:38that they were discussing with us and that they promised they
- 10:42will do and they delivered on all those things.
- 10:44So we talked a little bit in the intro about some of the services
- 10:48that you guys provide, basically any kind of non medical care
- 10:52that somebody would need in the home, all kinds of different
- 10:57assistance. What do you think sets what
- 11:00you're doing Tracy apart from what others in the same space
- 11:05are doing? Well, what sets an organization
- 11:09apart? Because all organization that
- 11:12are working in the home care space, they do the same thing.
- 11:16And so really what it comes down to is how you are managing your
- 11:22organization, how you are treating your customers.
- 11:25You know, it's all about how you're responding to things that
- 11:29are happening. You know, because The thing is
- 11:31that when you have, you know, 100 people out in the field, you
- 11:34can't control what they're going to do.
- 11:36They're going to make mistakes. So really it's really all about
- 11:40how you are, you know, responding to those issues that
- 11:44come up. You know, we make sure that
- 11:45we're on the phone, we're calling, they always have
- 11:48someone to call that, you know, we realize they are going to
- 11:51make mistake. It's what we do to mitigate
- 11:53those mistakes. We go out of our way to mitigate
- 11:56issues that are happening in field.
- 11:57You know, people are calling out, what are we doing?
- 12:00You know, having a staff around that could fill those voids and
- 12:04that will make sure the client know that we're doing what
- 12:08should be doing. It's really the, the, the
- 12:11management of your organization is what set us apart.
- 12:14And that's why I think Synergy really focus on getting a lot of
- 12:17leaders who have those skill sets to do that, because
- 12:21otherwise if you don't, you can get lost if you really don't
- 12:25know what you're doing or how to go about doing it.
- 12:27So it's really important trying to find people who have the
- 12:30correct skill sets to really be able to manage and lead the
- 12:33organization when there's so many moving parts in that
- 12:36organization and you're dealing with the the the public, you're
- 12:40dealing with individual who are you're going in their home and
- 12:44you're going in and you're trying to help them to live
- 12:47their life better as they are getting closer to the end.
- 12:50Because a lot of the clients that we work with are seniors
- 12:53and seniors at the final stage. And, you know, the families are
- 12:58usually in disarray when you meet with them and they need
- 13:01people to go in to kind of help them figure out, you know, what
- 13:05direction they want to go and how they need us to help them
- 13:09out. And having the right people on
- 13:11board, who does that have people who have the passion to and want
- 13:15to do it. And that's the key to having
- 13:17people in your organization that really, really want to do it,
- 13:20that really enjoy doing the work because they will be the ones
- 13:24that will be around longer and that will go out of this way to
- 13:27make sure people are getting the help that they need.
- 13:29So, so I think you know, again, just setting yourselves apart
- 13:33that is that is key is responding to adversity,
- 13:37expanding, responding to issues that come up and making sure
- 13:41that your customers and clients have someone to work with and
- 13:46reacting timely as well. That's another good piece.
- 13:50So you want to make sure that you're communicating with the
- 13:53patients as well as their families about anything that's
- 13:56going on. Here's the care that we're going
- 13:58to be providing. Hey, here's an issue that popped
- 14:01up. Here's what happened.
- 14:02Here's what we're doing to deal with it.
- 14:04You know, making sure that you're developing that trust
- 14:07with them and, and putting their minds at ease so they know that
- 14:10their loved ones are being cared for in the right way.
- 14:12Yeah, communication is a key, and I speak to that at all my
- 14:15employees all the time. You know, we have to
- 14:17communicate, communicate. You know, when something
- 14:19changed, we communicate to the family.
- 14:21If someone calls out and we have a new person showing up, we need
- 14:24to contact the family and let them know that this is
- 14:26happening. There should be no surprises.
- 14:29You know, when you're working with these individual, it's, you
- 14:32know, building that trust is key.
- 14:35You know, and I always tell myself, even when we go in and
- 14:38we interview these families, you know, trying to set up care, you
- 14:42know, even if we make the decision that we can't help
- 14:45them, I feel if it is our job to make sure that they get off on
- 14:50the right foot, we will make recommendation.
- 14:52And we want to not only we would, we want to be sort of an,
- 14:55a trusted advisor. So we kind of go in with that
- 14:57approach, working with these families, making sure that if we
- 15:00don't have what they need, we going to, we know a lot of
- 15:03resources. We going to connect them with
- 15:04the correct resources that they should be connected with.
- 15:07So. So that's the that's we talked
- 15:12about the importance there, the communication with the the
- 15:14families and with the patients. What about the communication
- 15:17with doctors, hospitals, community organizations to make
- 15:22sure that there's a smooth transition from hospital to home
- 15:26care? What's your approach there?
- 15:29Well, the approach there is we go out to, you know, hospitals
- 15:33to meet with their social workers to kind of let them know
- 15:36what we do and how we go about doing these things.
- 15:40You know, communicating to those social worker, getting know all
- 15:43the social workers in the hospitals in there, you know, in
- 15:46in the community and all is very, very key to getting I'm
- 15:50building trust with those social workers as well.
- 15:53And they will try you out. You know, you know, one of our
- 15:56policies that we go out and we are set ourselves up to
- 16:00communicate, to tell them that, you know, if they need somebody
- 16:02right away, give us a call. We'll do.
- 16:05We'll go to whatever length it takes to get them care in less
- 16:09than 24 hours. And there's a lot it is
- 16:11difficult for some agencies to do that, you know, having a fast
- 16:15response time because of the shortage of caregivers that are
- 16:19out there today. But going in and letting them
- 16:24know that you're capable of doing this just says a lot
- 16:27because they may come out on a Friday when they have to
- 16:29discharge people out of the hospital and they need to be
- 16:32home with somebody they want to be able to call.
- 16:34And so we go and we market to those hospitals, letting them
- 16:37know that, you know, give us a call.
- 16:39Not only we, we ask, like, try us out, you know, we understand
- 16:43that you need to build trust, but give us try us out.
- 16:45And if we don't deliver, we understand why you're not, you
- 16:48know, making referral to us. And that's one of the things
- 16:51that we always ask for these social work with the build Trust
- 16:55as well as doctor's office. We have people that's going out,
- 16:58leaving information, trying to meet with these doctors to kind
- 17:01of let them know when individuals needs help.
- 17:05There's a ton of networking meetings where a lot of these
- 17:09folks that are trying to market other areas of home care where
- 17:13we meet and we kind of strategize.
- 17:15We work with those individuals that kind of spread the word on
- 17:19how we can go about supporting the community.
- 17:21We go to senior centers to work with those individual rehabs
- 17:26and, and things like that. We're out, you know, just really
- 17:29marketing, letting them know and that we're out there and that we
- 17:33can support you when you need it.
- 17:34Just trying to get them. You can call us when when the
- 17:37need arise. So, yeah, it strikes me, Tracy,
- 17:40that you are probably pretty constantly recruiting two
- 17:45different groups of people, right?
- 17:47You're trying to find, you know, new clients, new new patient
- 17:51inflow. And at the same time, you know,
- 17:54for every new patient that you get, you've got to have a a
- 17:57caregiver that can service them as well.
- 18:00Thinking about first the the caregiver side of things, what's
- 18:04what strategies have you tried and found success with in terms
- 18:09of, first of all, finding those folks, recruiting good folks,
- 18:12and then once you've got good folks, how do you hold on to
- 18:14them? Well, if the recruiting is
- 18:18something that goes on constantly in home care because
- 18:21we need to have a strong bench. There's a people that we haven't
- 18:25working, but we need to have a bench of caregivers that are
- 18:29sort of ready to work when you call on them.
- 18:31So that is one of the key things because I talk about the
- 18:37response time. If we're gonna respond fast, we
- 18:40can't. When people need us, we can't go
- 18:43out and hire new people. We have to have those people
- 18:45ready to go. So we're constantly building our
- 18:48bench. Now the problem with building a
- 18:51bench, if you don't have work for them, they go somewhere else
- 18:54and work. That's a huge problem and, and
- 18:57we know that. And so we typically just build
- 19:00up our bench a little extra because we know when the work
- 19:03comes, when these caregivers, you know, our field employees
- 19:08hear about opportunity, they will come over and if you can
- 19:10keep them busy, they will stay with you.
- 19:13And that's just how it works in, in home care.
- 19:17So we're constantly, you know, sort of working at, we're
- 19:20advertising through, you know, the things like in deeds and
- 19:24we're putting information out. We have Flyers out at churches
- 19:29and things like that to try to see who we can recruit because
- 19:32the best caregiver we, it typically it's just, you know,
- 19:36my, my thinking on this here, typically the best caregivers
- 19:39are the ones that love to go out and volunteer.
- 19:42They tend to make the best caregiver.
- 19:44They have a giving heart because caregiver is one of those jobs
- 19:48where you, when you're going in someone home and, and they feel
- 19:51good about caring for that individual, not, not just the
- 19:55money making thing, just that this is what they enjoy doing.
- 19:59And you know, and those are the people who tend to stick around
- 20:03long and they will be loyal to you.
- 20:06It's provided, you know, if you're, you know, treating them
- 20:09right, of course, and doing things with them.
- 20:11And that's, you know, one of the things that we focus on as well,
- 20:15but just the constant recruiting.
- 20:18And then we kind of know when we bring them in to interview, we
- 20:21have a know there are some that are around.
- 20:24That they just love doing and some just running where they
- 20:27just want to, you know, collect a check and you have that, you
- 20:31know, and that's not saying the ones that fear to collect check
- 20:34and not good caregiver. It's just that this is what they
- 20:36can do and this they want to do. But the great ones are the ones
- 20:40that it's just in their hearts and they just love doing it.
- 20:44They will be doing this even if they had a chance to do anything
- 20:46else. OK.
- 20:48So that's the strategy for building recruiting, retaining
- 20:53your bench. And then as you think about the
- 20:56patient side of things, in hearing you talk earlier, it
- 20:59sounds like maybe the best approach There has been
- 21:02developing relationships with doctors offices, hospitals,
- 21:05people working in the those discharge environments so that
- 21:08when they've got somebody who needs that care and needs it
- 21:12right away, you're the one that they think of.
- 21:15Yeah. And and it's, it's all about,
- 21:17you know, branding and that's where, you know, the corporate
- 21:19office come in, they, you know, they are doing their branding on
- 21:21the outside. And then you, you know, to go
- 21:24out and you have to connect to people.
- 21:26You know, we use the Internet a lot.
- 21:28You know, we, you know, the pay per clicks, you know, those are
- 21:31huge things when people are searching and looking for home
- 21:37care. They go out.
- 21:37You know, usually it's a family member.
- 21:40It's realized that mom, dad, grandma, grandpa is having
- 21:44issues and they get on their phone and they start searching.
- 21:46So you want to make sure you show up from that stamp that
- 21:50they are, that they see you and that gives you an opportunity
- 21:53because they may pick two or three agency they want to call
- 21:56and then it's a sort of a competitive situation.
- 21:59And then they just have to feel whoever they feel good about,
- 22:03that's who they end up going with.
- 22:05So but yeah, just that constant, you know, where we get
- 22:09information out, you know, there's a paid leave sources and
- 22:13everything that you go out, you go out it it's really just how
- 22:17you go out. You have to have someone that
- 22:19knowledgeable in developing your business and reaching all those
- 22:23touch points to get to those clients.
- 22:25But the Internet is a huge strategy.
- 22:27If you can't, it is difficult to have a business without an
- 22:31Internet strategy. And if you don't, you're not
- 22:34going to not doing these times, you're not going to do well.
- 22:36So you have to have some presence on the Internet and you
- 22:39got to invest, you know, really heavily in that to keep your
- 22:43name on the forefront because not only are you seeking out
- 22:46clients, but your branding as well.
- 22:48You know, you have those organic sites where you want yourself to
- 22:51show up and where people are looking because a lot of times
- 22:54they're they have to touch those sites several times before they
- 22:56make a decision to to do anything.
- 22:58And so you have to be located and everyone knows that everyone
- 23:02has a cell phone in their hand and you're on that thing all the
- 23:05time when you're looking for anything, so.
- 23:07So you started the business back in 2009.
- 23:10You've been at this for over 15 years.
- 23:13As you think about that time, what was maybe the biggest
- 23:17challenge, personal or professional, that you had to
- 23:20work through? What was that like getting
- 23:22through it? What were some lessons that you
- 23:23learned? Well, I think the, the, you
- 23:26know, they're really tests that I had the, the biggest test
- 23:30because not until then, it was during the pandemic.
- 23:34That was probably the, the, I would say the biggest hurdle
- 23:37because before the pandemic, you know, I was just on a constant
- 23:42rise, never saw any. I mean, I just was doing things
- 23:46where I considered right enough where we constantly saw revenue
- 23:49growth for, you know, for that entire time from 2009.
- 23:54But we got to the pandemic when the borders were shut, you know,
- 23:59PPE became a a big thing in pricing with with all the PPE
- 24:07went just sky rocketed. We couldn't get gloves anywhere.
- 24:11No one wanted to, to, to go out and we have this client base
- 24:16where, you know, all of a sudden your, your, your clients are
- 24:21kind of winging back and they're afraid to let people in their
- 24:24homes and all that. So that was that was just huge
- 24:28trying to navigate through that situation.
- 24:32The first year of the pandemic, we navigated OK, because we were
- 24:36with people who really needed the care.
- 24:38It was the aftermath the the second and third year where
- 24:43things really what because the borders were closed.
- 24:46We hire a lot of immigrants, you know, caregivers, a lot of
- 24:48caregivers that we hire, especially in the Seattle area,
- 24:52you know, there are a lot of immigrants.
- 24:53And so when those borders shut, you didn't have any new influx
- 24:59of individuals coming in, you know, getting those jobs.
- 25:02So everyone that was here was here.
- 25:05And what happened was because things changed so much and
- 25:09families didn't let, they didn't want individual to come in.
- 25:13So caregivers that were here, they weren't working, so they
- 25:18had to look to other things. And we lost a large portion of
- 25:22those caregivers to Uber Eats, Uber, you know, doing all these
- 25:27other things to, you know, to, to, to figure out a way to work.
- 25:31And and So what that did is just that even hurt the hot industry
- 25:37even more. That made it very, very
- 25:39challenging to be able to staff. Our expenses are way up.
- 25:44So what happens we increase the price of our services to offset
- 25:49those expense. And and what happened during
- 25:53that period, we end up pricing ourselves where home care, we
- 25:57end up becoming a really, really high expensive thing to having
- 26:01at home. And when that occurred, it
- 26:04causes a shift in our private pay market.
- 26:07The private pay being the market where people are just paying out
- 26:11of pocket. And when that happened, things
- 26:14just slowed down. You had a lot of agencies like
- 26:18mines that were working, trying to secure business from a
- 26:24smaller market at a shrunk because people couldn't afford
- 26:28it, like they were affording it in the past.
- 26:31And that just created a lot of issues.
- 26:33And so from my standpoint, you know, business just started
- 26:37going down. It went down, you know, two
- 26:39years in a row and then we couldn't figure it out.
- 26:41So, you know, the biggest hurdle was trying to figure out, OK,
- 26:45how do we get more employees? How do we get clients to feel
- 26:48more comfortable with us and, and we need to look at
- 26:52investigating new revenue sources.
- 26:56And so, So what I did I've, I put a lot of time into searching
- 27:02out revenue sources and figuring out what we need to do and I've
- 27:06got to work. We've had to secure additional
- 27:09contracts with insurance is and that's a difficult thing to do
- 27:13for any agency is to because you're non medical.
- 27:15But you know, there's a huge company in Washington called
- 27:19Microsoft. They have a Microsoft respite
- 27:22program that that leverage insurance insurances and we end
- 27:28up securing some of those contract with with those
- 27:30insurance that allow us to work with Microsoft.
- 27:33So. So some of these insurance
- 27:35providers, they will reimburse for your non medical services.
- 27:40Through a major company through like again, Microsoft has a, a
- 27:47respite program in which they will reimburse they, what they
- 27:52do is allow the employees if they have a family member that
- 27:55needs help, they will pay for that and pray for that for that
- 28:00employee so that employee can go back to work.
- 28:02And then we are contracted with the insurance company that's
- 28:05working with Microsoft funds. So that's how that work.
- 28:09And that was one thing that we found that's been, you know, you
- 28:12know, key for us that's been, we've been doing well, well in
- 28:15and it was really looking at, when, when I say look at these
- 28:19revenues, which is we, we just had to figure out what do we
- 28:24need in addition to just the private pay.
- 28:27And and so there's the likes of, you know, looking at Medicaid,
- 28:30you know, Medicaid, securing contracts with Medicaid, that
- 28:33was another thing that came into play as well.
- 28:36And and then just just honing in on, you know, these EAP program,
- 28:43these employees assistant program in which employees are,
- 28:46you know, helping employee, employer employees out when they
- 28:50are needing the help, but just putting that time and focusing
- 28:54on, on generating that. And so now by increasing those
- 28:57revenue sources that may US not so reliable on private pay and
- 29:02that's been a huge help and that's gotten us back on track
- 29:06and we're up that you know, incline again from a revenue
- 29:09standpoint coming back from the loss that we've seen in during
- 29:15the pandemic. It was just a huge and that was
- 29:17a lot of agencies went out of business during that time
- 29:20because it was that tough. It was that tough.
- 29:22I mean, people forget, you know, we're here, we are recording
- 29:25this in February of 2025. We're not that far removed from
- 29:29the worst parts of COVID. But I think a lot of people
- 29:33forget just how uncertain those early times were.
- 29:36It's all shut down. We didn't know when there were
- 29:38going to be vaccines. We didn't know when the laws
- 29:40were going to allow things to open back up.
- 29:43You know, it's just, it's not like we knew, hey, and just hold
- 29:46on for six months. Just hold on for 12 months and
- 29:48we'll get back to normal. And so, you know, as you're
- 29:52going through these uncertain times and you're seeing the
- 29:54revenue drop because, you know, there's a shortage of care
- 29:56workers, you know, a lot of your clients are afraid to have
- 29:59people come into their homes. Was there a point where you were
- 30:02like Tracy? I don't know this.
- 30:04This might be when we pack it in.
- 30:07Oh, that thought went through that it went through my head
- 30:10several times, like, wow, you know, can we?
- 30:12Because, you know, I always thought this was a business that
- 30:15was just, it was just kind of keep going regardless.
- 30:18And there's no way I could have predicted something like that
- 30:22happening, you know, where you were just stuck, you couldn't
- 30:25really do anything and just nothing.
- 30:28So yeah, that the thought ran through my head a lot.
- 30:32So wow, if I don't figure this thing out, you know, what are we
- 30:36going to do? And so, but no, I just, I just
- 30:40hunkered down and look at, you know, just what do we need to do
- 30:44and start looking at I start putting a lot of that energy on
- 30:47some of these additional revenue sources and contract.
- 30:51And I was hoping we started trying to get more and more
- 30:55caregivers to come in and start working.
- 30:58And it was a very slow process. And we still, you know, we, we
- 31:03end up getting business that we couldn't staff because of the
- 31:06caregiver situation. So you just have to keep
- 31:09pounding, pounding, pounding until you start seeing it start
- 31:12floating all the way. I knew it had to turn around.
- 31:15The question for me is how long can I do it before I turn
- 31:18around? And it, you know, and it took a
- 31:20while. It took a while, but we kept, we
- 31:23just kept putting more, adding more and more caregivers on to,
- 31:28to to help us out and we slowly reached the point where it start
- 31:31working out for us. And I would imagine that the the
- 31:35need for the care has returned, right?
- 31:37People have opened up their homes again.
- 31:38They're comfortable having caregivers come back in.
- 31:41But probably the more it sounds like the more challenging part
- 31:43is how to get caregivers back into the industry.
- 31:47So many folks that left now they found, you know, career
- 31:50somewhere else. And so how do we shore up that
- 31:53part of it? That's why you say like you're
- 31:54always recruiting, you're always looking for new caregivers.
- 31:59Yep, you have to, you have to always be looking and bring them
- 32:02in and you know, one of the things to, to, to basically
- 32:06retain them. You, you have to treat these
- 32:10caregivers with the utmost respect to and you know, I like
- 32:14try to talk, I try to talk to as many as I can.
- 32:16I, you know, we try to have little things going on in office
- 32:20to, you know, bring them in to just, you know, just celebrate
- 32:23them being caregivers for us. We always looking at ways to
- 32:27make them feel good about what they do and what we're doing for
- 32:32them. So we open up our office.
- 32:35They can come in and do any kind of training in the office for
- 32:38them if they need to do that. So our office is always open.
- 32:41So it's again again, what Link got me started in this first
- 32:45place. I looked at how my mom did it
- 32:47and I said I wanted to be a better organization and I want
- 32:50to be someone that's really that is for the caregiver because
- 32:53without the caregivers, you don't have anything at all.
- 32:56You as good as the caregiver that you have worked for me.
- 32:59If you don't get that right, you're not going to, you're not
- 33:02going to make it, not going to make it at all.
- 33:06Tracy, if you had to recommend a book, a podcast, a course that's
- 33:11been helpful to you, that may be helpful to some of our
- 33:13listeners, what would it be? Well, there was a book and I
- 33:19haven't, you know, read it in a while and I was looking it up
- 33:24where my phone is out now. So I'm trying to think of that.
- 33:29It was it was a, you know, for it was a home care, like one O 1
- 33:35and where it just talks about the insurance and outs of home
- 33:38care. It's like home care for dummies,
- 33:40if you will. And, and, and if for someone
- 33:42that was looking to get in it, it was a good, it was a good
- 33:46book on how you go about, you know, starting an organization
- 33:51and, and filling and, and, and figuring out how that you know,
- 33:55how it all would work for, for you.
- 33:57And then trying to give you a feel for what you'll be signing
- 34:00up for when you're looking, you know, looking to come into the
- 34:03business because there are so many, as I said earlier, there's
- 34:07so many moving parts to home care that if you're not set to,
- 34:15to work in these areas, it's going to be a problem.
- 34:18Like for me starting the organization, you know, I looked
- 34:23at doing, I did everything when I first started the organization
- 34:27and you have to come in at looking at that.
- 34:29And so that when you you do everything that kind of lets you
- 34:32know what you know, what your first hire need to be, you know,
- 34:37so who do I need to hire? So you look at the things that
- 34:39you know, the things that you do best, but the things that you
- 34:41struggle with those where you focus on getting hired.
- 34:44You know, that book is kind of, you know, lets you know, and it
- 34:48kind of beat that kind of guideline to you to try to get
- 34:50you make sure you're focusing on the right, you know, on the
- 34:53right areas when you come into the business.
- 34:55So you understand clearly what you signed up for and all that.
- 34:58So what's? The future look like Tracy.
- 35:01Where? Where's where are you going from
- 35:03here? Are you continuing add on more
- 35:06services looking for clients in different creative ways?
- 35:10Are you looking to grow your geography?
- 35:13Yeah, so my my goal was to right now, as I mentioned to you
- 35:19before, we had to, you know, the crash of the pandemic.
- 35:23And so my goal and I I'm still trying to get back to my pre
- 35:29pandemic stage. So the goal is to get back
- 35:32there. I'm on a, I think this year is
- 35:34gonna be a year where I'm back if I not even exceed from that
- 35:38time period. And so, but I've put a lot of
- 35:41things in place as I said, I've added additional revenue sources
- 35:46that I've put in place. I've made sure that we have a
- 35:49strong marketing, strong marketing presence and making
- 35:56sure that people can find this. So getting back and focusing on,
- 36:01you know, just the the growth and getting to the point because
- 36:04I really want to be able to to excel and be, you know, one of
- 36:08the sort of the agencies leader in the area.
- 36:11And I think that I'm on track to doing that.
- 36:16So, so the focus is, is really that because again, our seniors
- 36:21are population are going to continue to grow.
- 36:23So that this need is going to be around now that we've gotten out
- 36:26of the pandemic. So everything is starting to,
- 36:29you know, get back on track. And, and the focus is, you know,
- 36:33I see a just a clear path to getting this the success, the
- 36:37success that I want. So how far I plan to go, you
- 36:41know, that's yet to be determined how far I will go,
- 36:43but I want to be able to get back and, and feel good about
- 36:47being on track. So I'm not worried about that
- 36:49anymore. That makes sense.
- 36:52When you were going through kind of the worst of that COVID
- 36:54experience and there's all that uncertainty and you're not sure
- 36:58what the future holds for you, where did you go for support?
- 37:02Who or what were you able to rely on to help get you through
- 37:05that? Well, I relied on some of the,
- 37:10the franchise partners we meet, you know, a lot and talk about
- 37:14the struggles and everything that we're having and so that we
- 37:17can figure out what that we should be doing and what we need
- 37:21to do to get things started. We have these brainstorming
- 37:25session. It kind of helps.
- 37:26But what we found out is that, you know, problem that you have
- 37:29in one area may not be the problem you have in another.
- 37:32And so, but it, it does help, you know, having those
- 37:36conversation and trying to, to, you know, figure out what, you
- 37:40know, what direction you want to go, what are you going to do to
- 37:43correct. So I'm sort of, I kind of see
- 37:46myself as a, a pioneer in this, in this space because I'm, I'm
- 37:52not afraid to take chances. If I think that is something
- 37:56that's going to work, I go out of my way.
- 37:59I, I set my mind on, on something and I, I, I'm just
- 38:03laser focused on trying to accomplish it.
- 38:05I think about, I'm a strategist. I think about strategy all the
- 38:08time. And what do we need to be?
- 38:11Where, where do, where the grocery want to see where, how
- 38:13many caregivers we want to have at a certain time?
- 38:16You know, the quantity to the clients.
- 38:17I set these goals and I try to hit those all the time, but the,
- 38:22you know, the biggest part of a strategy is knowing, OK, how you
- 38:24going to get there, you have a goal, how you going to get
- 38:26there. And then that's why, again, a
- 38:28lot of folks have been securing a lot of contracts other than
- 38:32private pay. And, and that's, you know, been
- 38:36the key to me getting to where I'm at now and where again,
- 38:41we're planning on having a just a knockout year this year.
- 38:44And, and, and so I think we're well on track doing that so.
- 38:49Self-described as a pioneer, you know, getting away from, not
- 38:52getting away from, but finding additional revenue sources
- 38:55besides the self pay. Did you find that some of your
- 38:59friends, some of your peers at at Synergy Home Care have have
- 39:02kind of followed your lead in that respect?
- 39:05Well, yeah, we have the discussion.
- 39:07I, I, you know, we talk about these things.
- 39:09Yeah. And some have followed lead.
- 39:11I, you know, a lot of time we have our, you know, franchise
- 39:14meetings or whatever. We have a lot of people come
- 39:16from all over the United States and we all are always talking
- 39:19about, and you always leave that, that those with, you know,
- 39:23with people taking away information.
- 39:25A lot of people when they, you know, they, when they see that
- 39:29I'm there, they like for us to talk because I know I'm always
- 39:32trying things new and, and they're open to those ideas
- 39:35about what we're doing new. And I, you know, enjoy helping
- 39:39people to, to, to move on. I always express, well, this is
- 39:42working in our area and this is one of the things you should try
- 39:45to do. But we always look exchanging
- 39:48ideas and about, you know, the success of the business and what
- 39:52we need to do to be successful. And so but yeah, it does help to
- 39:56have people to bounce things off of and, and it works out a lot.
- 40:01But as I say, I'm not afraid to. To dig into something that's
- 40:06haven't been done before. You know, I'm a big fan of
- 40:11professional support groups, masterminds, networking groups,
- 40:14you know, whatever you want to call them.
- 40:16And I think one of the neat things about the franchise model
- 40:18is what you've just touched on there, Tracy, which is you've
- 40:21got your own built in networking slash mastermind group with
- 40:26folks that know exactly your business model inside and out.
- 40:31And you're you're in different geographies, so you're not
- 40:34competing with each other. So there's just this natural
- 40:38willingness to share information and to support each other with
- 40:41ideas. Yeah.
- 40:44And that and that really helps out a lot, you know, going to
- 40:48those meetings and having those conversations.
- 40:50And not only that, you know, we, you know, we have these regional
- 40:53meetings where that we're meeting monthly to just, you
- 40:57know, hear about things that are going on to, you know, to talk
- 41:01about problems and that, and that helps out as well.
- 41:04You know, a lot of times, you know, you don't have to
- 41:05participate just to go in and just hear about these things
- 41:07that are going on. So it's truly helpful, you know,
- 41:10and, and I think that that's one of the things that, again, that
- 41:14synergy that's bringing on. They're great.
- 41:16They're the franchise support center.
- 41:19They go to the ends of the earth to make sure that especially the
- 41:24people because a lot of those franchise support center, a lot
- 41:27of the focus is on the newer offices that are coming up
- 41:29because they the one that needs the most help.
- 41:31They rely on people have been doing it a while to share their
- 41:35ideas with these people so that they can help get to where they
- 41:38want to be. And having a lot of these
- 41:41regional meetings allow that because you get newer people who
- 41:45are just don't have the knowledge of know how and what
- 41:48it takes to get to 1st year to 2nd year and what you have to
- 41:52do. And you have people that's been
- 41:54around long enough that will let them just take them by the wings
- 41:59and, and just help them out as much as they can.
- 42:01And I think, you know, the group that I work with Synergy, they
- 42:05enjoy, they enjoy helping one another out.
- 42:08And that's, that's really a, a great thing.
- 42:10And that's what makes you know Synergy such a great
- 42:13organization. Any daily practices or, you
- 42:17know, habits, rituals that have been helpful to you and keeping
- 42:20you centered and on track, Tracy.
- 42:23Yeah, one of the things I do, I think every right before I get
- 42:27up, I, you know, before it's time for me to get up, I sit
- 42:29through him and I think about everything that I want to do.
- 42:34You know, it's just almost like an outline of everything I need
- 42:37to do before I go into the office.
- 42:38And I usually, you know, have those things in my, in my mind
- 42:42and I still just kind of work through the things I want to
- 42:44talk about and what I want to focus on and what situation I
- 42:48want to drive because I like to make sure that all the
- 42:50initiatives that we're working on that they're being driven.
- 42:53And so I kind of, I think about those things and when I come in
- 42:56the office, I already have a, a good ideal of what I'm going to
- 43:01focus on for that day. You know, sometime my wife asked
- 43:03me, what are you thinking about? What, you know, like I'm, I'm in
- 43:07that laser focus mode trying to figure out, you know, everything
- 43:10that we're going to do. So that's sort of my ritual.
- 43:12I have that time and I put that those thoughts together in my
- 43:15head and then I go and I execute, you know, throughout
- 43:18the rest of the day. And your memory's good enough
- 43:20that you don't need to write it down.
- 43:21You just kind of got the mental picture of what needs to happen
- 43:25to go do it. Yeah, that's how it works for
- 43:27me. And that just just a good thing
- 43:29for me. So yeah.
- 43:32You're better than I am. I have.
- 43:33I've got to write everything down or it's.
- 43:35Yeah, just in one ear, out the other.
- 43:37I can't hold on to it for very long.
- 43:39Yeah, yeah, I I get that so, but but yeah, that's, you know,
- 43:44that's, you know, I aren't prepared for a lot of things.
- 43:46If I feel I know it, I feel like, you know, I can just talk
- 43:49to it, but but I just try to stay focused on the things that
- 43:56really, really need to be done and making sure that I spend a
- 43:59lot of time trying to make sure that the people that work for me
- 44:03are, you know, doing things that they love to doing.
- 44:06Because I always tell people that I manage by the individual
- 44:10and not, you know, and not just focus on just getting a job
- 44:15done. I look at who they are and I
- 44:18look at what their skill sets are and I don't want to push
- 44:21them too far outside, outside of their comfort zone, if you will.
- 44:25And just making sure that they're happy.
- 44:27And that's again, that's one of the things that leads toward
- 44:29retention as well. Making sure that you don't push
- 44:32people a little bit too far or get them exposed to something
- 44:35that's going to cause, you know them to be working in a
- 44:38situation that's not good for SO.
- 44:41You know, in my experience, sometimes I'll make a mistake in
- 44:46my work or my personal life and I'll, I'll be hard on myself
- 44:49about it. But if I use that as a learning
- 44:53opportunity, years later, I will look back at that moment and
- 44:57I'll actually be grateful for it.
- 44:59It ends up being a great teacher or it, it pushed me to go in a
- 45:03different direction than what I was going.
- 45:05Can you think of a moment that you initially thought was a, a
- 45:09huge mistake? You know, like, what was I
- 45:11doing? And now you look back on it
- 45:13with, you know, gratitude because something better came
- 45:17out of it. Well, you know, I, I even think
- 45:23about, you know, like, you know, this, this business, when I got
- 45:26into it, I got into the first year of it and, and that's
- 45:31exactly what I thought I said, man, this is what have I done,
- 45:34You know, it's just, this is, you know, so, you know, I, I,
- 45:38you know, cuz I came from a background where I was working
- 45:41with, you know, other engineers. I was working with, you know,
- 45:47vice presidents and, you know, working with the CEO and, you
- 45:52know, working all these design presenting to all these kinds of
- 45:55people and to turn and go into home care where, you know, now,
- 46:01you know, I'm interviewing caregivers and who or some of
- 46:06the greatest people on the planet.
- 46:07I feel strongly about that. But, but it was just that change
- 46:12where I'm kind of like holding down the Fort to every aspect.
- 46:17You know, I'm, I'm, I'm in accounting, I'm, I'm a sales
- 46:20guy. I'm, I'm trying to recruit, I'm
- 46:26trying to figure out the Internet strategy.
- 46:29I'm looking at, you know, the billing as it comes in and I'm
- 46:33like, wow, you know, and after when you're doing that for a
- 46:36while and you don't, you're trying to build up your
- 46:38organization. Yeah, you, you, you wonder, wow.
- 46:42Before I only, you know, working in a corporate environment, I
- 46:46was just focused on just that thing, just, you know, selling
- 46:50these components or, you know, giving someone advice on a
- 46:53component and and that was it. I didn't have to worry about
- 46:56anything else. But, you know, having a a
- 46:59business like this that has so many moving parts, I mean, yeah,
- 47:04I question that first year was a very questionable standpoint.
- 47:09But as I continue to go and things start moving and I got
- 47:13the hang of it and I really got the nature of, you know, dealing
- 47:19with the various people, I learned a lot about myself.
- 47:22I realized how versatile I can be because I'm dealing with all
- 47:28different levels of individuals with that brings different
- 47:32things to, you know, to the, to the game.
- 47:35And so for me, that was, you know, that was the, the, the,
- 47:41the really, really big challenging part and realizing
- 47:44it wasn't mistaken, but just, and I, I use this word grinding,
- 47:48grinding, grinding, because that's what it's truly all about
- 47:51to get to pull yourself out of something that you think is not
- 47:54right. Because I did question it for a
- 47:55while and then it's just start coming around and it it, it
- 47:58worked out great. So you started in 2009, Things
- 48:02were tough in the early days. Obviously COVID happened years
- 48:06later. But thinking back before that
- 48:09from 2009, how far along were you before?
- 48:12You're like, OK, I got this. This is working, it's
- 48:16profitable. This is something I can stick
- 48:18with and, you know, and pay my bills and, you know, provide for
- 48:21my family with. Yeah, I would say you're 2 1/2,
- 48:25about 2 1/2 years into it. That's when the things, you
- 48:28know, turned around and it got to the point where, OK, I reset
- 48:32point where it was profitable and if paying the bills and all
- 48:35that stuff. And so, you know, during that
- 48:37other time, of course it was I had to work, reduce salary from
- 48:42what I was accustomed to. But I just felt strongly as I,
- 48:46you know, I just for me, you have to look at it from a road
- 48:49map standpoint. I looked at, you know, it was a
- 48:51question for me, how long is it going to take me to get there?
- 48:54You know that how long because I came from a corporate
- 48:57environment where my salary was a lot, you know, it was larger
- 49:02than I then I thought it would take for me to get to that
- 49:07point. So I had to, I had a lot of gap.
- 49:09I had a lot of, I had a lot of room to make up to get to the
- 49:13point from a salary standpoint. And, and it was like, and that's
- 49:17what I'm saying that 2 1/2 year and 2 1/2 year point was the
- 49:20point where I said, OK, now he's driving in from there and just
- 49:23started to, to, to go in there correct the right direction.
- 49:28So, but but yeah, it was, yeah, it was something going through
- 49:33that time as I think about it, it really was.
- 49:37Well, this is important part of the story for people to hear,
- 49:40Tracy, because these are the parts of the story that don't
- 49:43often get told. You know, when people, they see
- 49:47the result, they see, you know, the nice home, the nice car,
- 49:51they, they, you know, see that you're leading a successful
- 49:54business. And what they didn't see was all
- 49:57the sweat, all the the tears, all the, you know, just the
- 50:01grind that it took to get there. And so, you know, to hear that,
- 50:05hey, 2 1/2 years, I didn't know. I like, I, I thought it was a
- 50:09mistake at first. Like, man, I, what did I get
- 50:11myself into? I got all kinds of ground to
- 50:13make up, you know, to fill in the gaps on what my salary used
- 50:16to look like. So yeah, it's good for folks to
- 50:19hear this part their their struggle there in the early
- 50:22days. Well, that's what they want to
- 50:24know because you know, when you, when anyone gets in this
- 50:27business for the first time, you know, and the franchise can't
- 50:31say anything to them about it. So what they do is say, why
- 50:35don't you talk with someone who's been doing it?
- 50:38And, and, and usually and you see it when someone is talking
- 50:42with you, the first thing they want to know, it's like, well,
- 50:45when did you become profitable? When did you you know, they want
- 50:47to know what is that point? And what you don't realize is
- 50:50that, well, that depend on it depend a lot on you, who you
- 50:54are. It depend on the territory that
- 50:56you got, if it's territory that's going to produce and and
- 51:02then your, you know, your ability to just continue to
- 51:05drive and from there. And that's what's going to
- 51:08determine because there's been individual that, you know, after
- 51:12a year they were very, very profitable.
- 51:14And then somewhere after five years, they still haven't
- 51:17reached that point. I mean, it just, it really
- 51:19varies, but having the work ethics, having to know how you
- 51:25know is a key to being successful.
- 51:28And if you don't have any of those and you think you're
- 51:31signing up for something that's gonna be easy, I think you're
- 51:34gonna make a big mistake. You have to be prepared for
- 51:37everything. You have to have some sense.
- 51:39You have to have some skill sets to be able to drive and see what
- 51:46you can make of what you decided to go into so.
- 51:50What's a piece of advice that you would give someone looking
- 51:54to enter into this field about best way to balance obviously
- 51:59that need that desire for growth, but alongside of, you
- 52:03know, providing compassionate service at the same time.
- 52:07Well, I think that, you know, you always do your research on
- 52:12what you want to do and understand what it takes to run
- 52:16the business. And when I say when you're
- 52:18signing up for, you know, you know, so an entrepreneur role,
- 52:24that means that, you know, you need to have some kind of
- 52:28knowledge about business and what it takes to be successful.
- 52:32And, and understanding that is, is the key.
- 52:38And, and also being organized, organized is the key as well,
- 52:43because if you are not organized and you're trying to start a
- 52:46business, you know, you're kind of like going to go in the wrong
- 52:50direction from day one. So I mean, just, you know,
- 52:54putting in the time to understanding what you signed up
- 52:57for and then coming up with some initial strategy on what it's
- 53:01going to take, understanding, you know, the roles that you
- 53:04think you can take on yourself and what you need to go out and
- 53:07bring some other people in to help you.
- 53:10And then a lot of that's going to depend on, you know, how much
- 53:14you know, can you, how much funding do you have to do that?
- 53:17Because when you first start a business, there's typically no
- 53:20revenue coming in, you know, especially a business like home
- 53:23care, I mean, you have to go out and get those clients.
- 53:26If you don't have any clients, there's nothing.
- 53:28So you're looking at, you know, making sure that you have the
- 53:32funding if you're going to bring someone on to be able to pay
- 53:35that individual to, to, to work for you.
- 53:38So you need to think about that having the funds, you know,
- 53:41always say starting a business like you, you need to, you know,
- 53:45there's a chance you might not take pay for a year, year and a
- 53:48half. Can you do that?
- 53:50You know, because you're not going to be able to draw a
- 53:53salary if you don't have the clients and you just don't know
- 53:55how many. And just having that
- 53:57understanding of that, that's the most difficult part of, you
- 54:01know, jumping into a business or being an entrepreneur is if you
- 54:06know someone that's looking to do it that don't have the deep
- 54:08pockets to be able to sustain themselves to the time it takes
- 54:12for them to get to success. So I just said it needs, these
- 54:17are things they need to be aware of things that they need to make
- 54:21sure that they have done the research so that they don't get
- 54:25to a point where they start panicking.
- 54:27And, and, and they do people, I've talked a lot of them that
- 54:29panic and say I'm not, I'm not making the money I need to make.
- 54:32And they, some of them get out because of it.
- 54:33And you know, there's some that, that hold out and you know, and
- 54:36sometimes it works or sometimes it don't.
- 54:39So there's nothing easy about it.
- 54:42You know, and as I'm listening to your story and I'm thinking
- 54:45back to your beginnings, you know, the, that, you know,
- 54:48mechanical engineering background, you know, all the
- 54:51technical sales, the MBA that you have a lot of these.
- 54:56I think it probably served you really well and taking a very
- 55:00logical, practical, rational approach to, you know, how you
- 55:05run this business and how you think about sales and business
- 55:08growth. Yeah, it had a lot to do that
- 55:11because doing it my corporate state, I've gone through a lot
- 55:14of training dealing with people how to manage people.
- 55:18I learned all about that. And there was working in
- 55:21corporate there's a lot of struggles that you learn from
- 55:25those struggles or whatever. But yeah, that, you know, having
- 55:30the background that I had was a huge help and me to, you know,
- 55:34come on board and do what I need to do.
- 55:36And as I said, it was a huge test for me because I was
- 55:39successful, you know, working in corporate and and a lot of time
- 55:43I ask myself, well, let's see if I'm worth the money they pay me,
- 55:46if I can go off and do this on my own.
- 55:48So, you know, that was, you know, the kind of the way I
- 55:51looked at it, can I really do this, do these things or, or did
- 55:54I just have a cushion job that I just voted along?
- 55:58Do I have the skills to be successful and build a company
- 56:03to a point where it's doing what I need it to do for me?
- 56:08Tracy, what's something that you wish more people knew about your
- 56:10industry? Well, yeah, I think that, you
- 56:19know, they need to know that as far as this, this industry, it's
- 56:27it's really the people. I I think about the people
- 56:29aspect of it because you get into a lot of things when you
- 56:34are dealing with people at the stage, people who are, you know,
- 56:38at the, you know, end of their life stage, if you will.
- 56:42And you learn a lot about families.
- 56:44I mean, you get into some very, very difficult situation
- 56:48dynamics with the family and all that.
- 56:50And it's to the point where a lot of it, you kind of need
- 56:54cancelling to deal with this, but you're kind of catapult in
- 56:57that situation. And and it's just there's so
- 57:02much with families and, you know, setting up, you know, PO
- 57:07as you know, power of attorneys and trying to deal with, you
- 57:10know, siblings, sibling rivalry and trying to deal with their
- 57:14family members. And there's just so much of that
- 57:19going on, you get and you sort of get catapulted in, you know,
- 57:22saying and you have people that are dealing with that kind of
- 57:24stuff on a daily basis and it just doesn't go away.
- 57:27I mean, there's some really nasty stuff that can happen
- 57:31sometime with family members and you feel like you're trying to,
- 57:36you know, advise them on what direction they should go to just
- 57:39go get help and all that. So I mean, that's, you know,
- 57:42it's like for a lot of people that work with me that's dealing
- 57:44with this in the field, it is a struggle sometime of the things
- 57:48that they have to deal with, not just our client, but their
- 57:52family members and all that. It's the coaching is trying to
- 57:55make things wholesome. And then our caregivers are on
- 57:57the, they're on the front line and they're, they're getting a
- 58:00lot of that when they feel like family members are not doing
- 58:03what they should be doing. And it it's, it's a really tough
- 58:07part of the business, you know, and it's not all families.
- 58:10Some families are great or whatever, but you do have those
- 58:13that makes the business tough, not only for our office staff,
- 58:17for our caregivers as well. And they, you know, just
- 58:22understanding that aspect that you're going to be getting into
- 58:24that when you're in the home care industry, so.
- 58:27Yeah, those family dynamics, they can get to be really tense
- 58:30and you know, you're just trying to do the best you can and
- 58:33sometimes you feel like you're stuck in the middle.
- 58:35But you are. Tracy, I've just got one more
- 58:38question for you, and before I ask it, I want to do 2 things.
- 58:41Everyone listening today, I know that you love today's content
- 58:44because Tracy's been an amazing guest.
- 58:46Please hit the follow or subscribe button on your
- 58:48favorite podcast app. You'll continue to get more
- 58:50episodes like this. Tracy, I also want to let people
- 58:53know the best way to get in touch with you.
- 58:56What would that be? Well bet I can be reached
- 59:00online. So my as I say in the office is
- 59:03out of Seattle, WA. So it's Synergy Home Care of of
- 59:10E King County, that's the primary one.
- 59:12I'm heads up, you go online and you know that number.
- 59:16You can follow up with me on that.
- 59:18If you want to e-mail me directory directly, you can just
- 59:22reach out to tracypowers@synergyhomecare.com.
- 59:26Again, that's Tracy Powers at synergyhomecare.com.
- 59:30Be glad to follow up on any questions you have, any
- 59:34questions at all. You can also give me a call in
- 59:36the office. I can be reached just about any
- 59:39time of the day during the business hours, so.
- 59:42Terrific. And we'll make sure we include
- 59:43all that information in the show notes too.
- 59:45The last question I have for you, Tracy, is as you look to
- 59:48the future, what are the most exciting changes coming to the
- 59:52home care industry that you can't wait to see them full?
- 59:56Well, I think that the, the exciting changes that are coming
- 59:59are, you know, it's, it's most likely at the federal level in
- 1:00:03order, you know, I mentioned earlier.
- 1:00:06That, you know, the senior population is continuing to grow
- 1:00:10and it's, and it's to the point where, you know, private pay is,
- 1:00:14is, is getting too expensive. And a lot of people that are,
- 1:00:19you know, typically are even moving to Medicaid because you
- 1:00:23know, things are just, you know, getting very, very expensive.
- 1:00:26So the future of home care is you're going to have to have
- 1:00:31these private insurances and Medicare to step in and help,
- 1:00:37you know, offset these costs. And I think that there's been a
- 1:00:40lot of work around it. There's been sort of pockets of
- 1:00:43evidence that it's kind of getting traction.
- 1:00:46In fact, there was a lot of traction before the pandemic.
- 1:00:49In fact, Medicare was going to jump on board and they were
- 1:00:52going to do this non medical home care, but it kind of got
- 1:00:55stopped in its tracks. But that's starting to gear up
- 1:00:58again because there was a huge distraction with the pandemic,
- 1:01:01but it's starting to gear up again.
- 1:01:02So I think for individuals that are going to be in need of home
- 1:01:07care, I think the future is that medical insurances and you know,
- 1:01:12Medicare is going to step up and, and it's going to be part
- 1:01:15of the solution so that everybody can get this kind of
- 1:01:18care in their home. Because this is something that,
- 1:01:21you know, everyone is going to touch this, whether they, you
- 1:01:25know, believe it or not, at some point, you know, someone is
- 1:01:28going to get older and they're going to need some kind of help
- 1:01:31like this. And so it is, you know,
- 1:01:33expensive. But again, I think the
- 1:01:37insurances and are going to step up and provide some support.
- 1:01:42We know this being worked on it just how long?
- 1:01:44Well. That would be a real game
- 1:01:46changer if insurance can step in and help with this because
- 1:01:49that's a, it's a big out of pocket expense for families
- 1:01:51right now. Yeah.
- 1:01:53Tracy, I want to be the first one to thank you for sharing
- 1:01:55both your time and your story with us today.
- 1:01:57I really appreciate it. Yeah, no problem.
- 1:02:00I I enjoyed it Anthony. I really, I really did so
- 1:02:02appreciate having the conversation so.
- 1:02:04Absolutely, folks. That's a wrap on another episode
- 1:02:07of the Inspired Stories podcast. Thanks for learning with us
- 1:02:10today.