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How to pick up on complaints to create a new animal

By Dr. Sherri Tenpenny


Smart Business Cleveland | May 2008

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Henry Ford once said, “If I had asked my customers what they wanted, they would have told me, ‘a faster horse.’”

That thought applies to many businesses. Sometimes, those you serve have a difficult time articulating what they really want — or don’t want — from you. But if you really listen to their problems, you can discover exactly what they’re looking for.

My company, OsteoMed II, is an alternative medicine company. As a conventionally trained physician, I used to pay attention when patients grumbled about not having enough time to talk with their doctor. I also heard complaints about taking prescription drugs and doing all the tests but not feeling one bit better. They couldn’t vocalize the changes they needed, so they kept repeating the same things.

At the same time, alternative medicine was coming into wider acceptance. Patients were asking for information about vitamins, acupuncture, massage and other treatments. In the beginning, I didn’t have the answers, so I researched ways to meet their needs.

I opened my clinic in 1996 and rather than joining a hospital medical staff, I got a $12,000 loan and opened an office. I did seminars with businesses, such as health food stores, and I spend up to 60 minutes with each patient. I learned new skills so I could offer specialized services.

Today, our clinic has annual revenue of more than $1 million and employs 12 professionals since I figured out my customers weren’t asking for a faster horse but for a whole new animal. You need the courage to create something truly different that can become a sustainable niche, even if it seems way outside the usual way of doing business. Listening to discover the core of problems works, whether you’re an IT company, a manufacturer, a banker or even a friendly family doctor.

DR. SHERRI TENPENNY is founder, president and CEO of OsteoMed II (www.osteomed2.com) and a member of the Cleveland Chapter of Entrepreneurs Organization (www.eonetwork.org), an international organization of business owners dedicated to helping each other learn and grow.

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