By Stephen Tweed

How big is a big company in home care?
What is it that helps the big companies get big?
What can you learn from the biggest companies in the industry?

One of the most interesting things that is happening at The Academy for Private Duty Home Care is the number of large private duty companies that are reaching out to us to attend our live events, participate in our  Monday Morning Marketing Meeting program, and participate in our Mastermind Groups.

The median sized company in home care generates annual revenue of just under $1.4 million. That's about 1,400 hour per week of personal care at $20.00 per hour. The companies that are reaching out to us are the companies that are doing 5,500 hours, 7,000 hours, 12,000 hours. We're finding that there are some really amazing home care companies out there, and yet their Owners and CEOs are always looking for ways to get new ideas, learn how lead, and overcome the obstacles to growth.

Probably the best examples of this are the six CEOs and their COOs who are members of the $5 Million Mastermind Group. This group was formed in February of 2013 and has been meeting twice a year. We just came back from our spring meeting in Nashville, TN. This meeting was clearly most in-depth conversation and interaction, and the members discussed the value of being an active part of this mastermind.