There still exists a negative association of doctors wanting to start their own business. There are many reasons for this:

There are many who feel bad at starting a venture "for profit", although I have yet to see a business grow without the use of money. Some equate a business as just another "side hustle", like becoming an Uber driver. Other see clinicians starting a business just to keep themselves occupied until something better comes along. Many don't see that a medical doctor acquires many skills and experiences that can be taught to others. We are experiencing a big shift in employed medicine, and because of this opens an opportunity. I first noticed this a few years ago, at my keynote address at BootcampMD 2.0. On this episode, you'll hear an excerpt from this talk, and why the importance of promoting and spotlighting physician-owned businesses is greater than ever.

LINKS MENTIONED:

"Why Physician-Owned Businesses Need our Attention and Support"

https://www.kevinmd.com/blog/2021/06/why-physician-owned-businesses-need-our-attention-and-support.html

BootstrapMD Online Courses: https://bootstrapmd.com/courses/

PhysicianCoaches.com The #1 Doctor Directory for Physician Coaches, Consultants, and Mentors

https://www.PhysicianCoaches.com

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Now an Amazon Best Seller! The Positioned Physician: Earn More, Work Smart, and Love Medicine Again, 2nd Edition: Updated with over 50 pages of new content including new chapters on goal setting, mindset, and sales strategies for a successful online business!

https://www.amazon.com/Positioned-Physician-Updated-Smart-Medicine/dp/B08QFBMWCY

You want to grow your business, while still maintaining your duties as a physician. Sooner or later, something is going to give. That was the dilemma one of my students was facing. It's something I've dealt with a lot in my career and I'm sure one time or another you've dealt with the same problem. This juggling act isn't easy. On this episode, I provide some solutions that might make it a little bit easier for the new physician entrepreneur.

RESOURCES MENTIONED

The 100 Day Goal Journal: Accomplish What Matters to You - John Lee Dumas: https://www.amazon.com/100-Day-Goal-Journal-Accomplish-Matters/dp/1454930748/

PhysicianCoaches.com

The #1 Doctor Directory for Physician Coaches, Consultants, and Mentors

https://www.PhysicianCoaches.com

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Now an Amazon Best Seller! The Positioned Physician: Earn More, Work Smart, and Love Medicine Again, 2nd Edition: Updated with over 50 pages of new content including new chapters on goal setting, mindset, and sales strategies for a successful online business!

https://www.amazon.com/Positioned-Physician-Updated-Smart-Medicine/dp/B08QFBMWCY

With the launch of our directory PhysicianCoaches.com, I've gotten a lot of requests on how to get started to become a physician coach. On this episode, I've broken down the process into 10 easy to understand steps. I also address commonly asked questions about physician coaching in general, including how much they get paid, whether the market is saturated (Spoiler alert: it's not!), and how to determine the best coaching niche for you. If you've considering jumping in, now is the best time to get started!

Dyrbye LN, Shanafelt TD, Gill PR, Satele DV, West CP. Effect of a Professional Coaching Intervention on the Well-being and Distress of Physicians: A Pilot Randomized Clinical Trial. JAMA Intern Med. 2019;179(10):1406–1414.

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BootstrapMD - a proud member of the Doctor Podcast Network.

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Now an Amazon Best Seller! The Positioned Physician: Earn More, Work Smart, and Love Medicine Again, 2nd Edition: Updated with over 50 pages of new content including new chapters on goal setting, mindset, and sales strategies for a successful online business!

https://www.amazon.com/Positioned-Physician-Updated-Smart-Medicine/dp/B08QFBMWCY

In my humble opinion, a well thought out landing page is more important than developing a website. Landing pages are standalone pages that serves one purpose: conversion. Examples include signing up for a webinar, a free trial for your software program, or download an eBook. There is an art to creating the perfect landing page, and on this episode, I'll go over six simple steps that will help you convert more visitors into subscribers.

LINKS MENTIONED:

• Thrive Leads- https://thrivethemes.com/leads/
• Clickfunnels - https://www.bootstrapmd.com/go/cf/
• LeadPages - https://www.leadpages.com

We are now part of the Doctor Podcast Network!

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Now an Amazon Best Seller! The Positioned Physician: Earn More, Work Smart, and Love Medicine Again, 2nd Edition: Updated with over 50 pages of new content including new chapters on goal setting, mindset, and sales strategies for a successful online business!

https://www.amazon.com/Positioned-Physician-Updated-Smart-Medicine/dp/B08QFBMWCY

In my 25 years of being a physician entrepreneur, I can't think of a better catalyst for your business than joining a mastermind group. I've joined some pretty expensive masterminds, and launched a few masterminds of my own: for doctors, internet entrepreneurs, and local businesses. Today I'll share with you what exactly lis a mastermind group, how to select the best mastermind for you, and questions to ask before you join one. I think this episode will be worth your while if you are looking to scale and grow your business!

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Now an Amazon Best Seller! The Positioned Physician: Earn More, Work Smart, and Love Medicine Again, 2nd Edition: Updated with over 50 pages of new content including new chapters on goal setting, mindset, and sales strategies for a successful online business!

https://www.amazon.com/Positioned-Physician-Updated-Smart-Medicine/dp/B08QFBMWCY

As promised in Episode 116, I wanted to share with you my experience from the launching of PhysicianCoaches.com, a directory to help doctors find mentors, coaches, and consultants. You'll discover how I came up with the idea, why I decided to use affiliates, and an inside look of how our team best prepared before, during,

and after the launch itself. You'll also learn what I would do different again if I could! Gain some insight on 7 things you must know to best prepare for when launching your own product and service.

Now a member of the Doctor Podcast Network!

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Now an Amazon Best Seller! The Positioned Physician: Earn More, Work Smart, and Love Medicine Again, 2nd Edition: Updated with over 50 pages of new content including new chapters on goal setting, mindset, and sales strategies for a successful online business!

https://www.amazon.com/Positioned-Physician-Updated-Smart-Medicine/dp/B08QFBMWCY

With the release of my new website business PhysicianCoaches.com, it had been some time since I had done a public product launch on the internet , and so I felt I needed a refresher. It made me review some of my notes from one of my mentors early on in my online marketing education, Jeff Walker. He is the creator of the Product Launch Formula and author of the New York Times #1 Best Seller "Launch: An Internet Millionaire's Secret Formula To Sell Almost Anything Online, Build A Business You Love, And Live The Life Of Your Dreams".

Hear this classic interview from the archives on how Jeff first got started from humble beginnings to now teaching thousands of entrepreneurs around the world his formula for success!

Product Launch Formula 2021: Virtual Workshop May 14-16. https://productlaunchformula.com/PLFLive2021/

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Now an Amazon Best Seller! The Positioned Physician: Earn More, Work Smart, and Love Medicine Again, 2nd Edition: Updated with over 50 pages of new content including new chapters on goal setting, mindset, and sales strategies for a successful online business!

https://www.amazon.com/Positioned-Physician-Updated-Smart-Medicine/dp/B08QFBMWCY

Sounds like a dream, right? Getting people to pay for your content every single month can become a reality through membership sites. In fact, the principles can be applied to both online and conventional businesses. Here with a deeper dive on how to do it , is my long-time friend Stu McLaren, who has taught thousands of entrepreneurs for over a decade how they can transfer their existing knowledge into sustainable recurring income.

On this episode, he gives a ton of examples on how regular folks like you and I are having great success with subscription-based sites on a diverse amount of niches. He's the best teacher I know on this subject and you'll want to keep this interview in mind for repeated listening!

Get Access to Stu McLaren's Membership Site Training:

https://www.bootstrapmd.com/go/tribe/

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The Positioned Physician: Earn More, Work Smart, and Love Medicine Again, 2nd Edition: Updated with over 50 pages of new content including new chapters on goal setting, mindset, and sales strategies for a successful online business!

https://www.amazon.com/Positioned-Physician-Updated-Smart-Medicine/dp/B08QFBMWCY

Leveraging your expertise is one of the best types of online business out there.

The advantages are numerous, including no overhead, time convenience, not having to buy products wholesale, etc. — rather you are simply monetizing your knowledge to help others.

On this episode, I discuss why the demand for physicians as educators is bigger than ever, and why now's the time to take advantage of this golden opportunity. However, if you are a novice entrepreneur, you may run into obstacles when it comes time to marketing your business. I've seen too many well-intentioned consultants lose money on expensive online advertising that goes nowhere.

We believe we have a solution to help coaches better market their practice. This week we launched Physician Coaches, a new directory platform, to help physician educators spotlight their services. If you are a physician mentor, coach, or consultant I encourage you to claim your free profile today!

And if you're looking for a physician mentor, then be sure to bookmark this site, and check out the profiles that are already listed. See for yourself today!

Physician Coaches - The Doctor Directory for Physician Coaches, Consultants, and Mentors

https://www.physiciancoaches.com

LINKS MENTIONED:

"New option for doctors stressed out by COVID-19: a physician coach"

https://www.ama-assn.org/practice-management/physician-health/new-option-doctors-stressed-out-covid-19-physician-coach

"Physician Side Gigs – What's Right for You?"

https://www.medscape.com/viewarticle/948442

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Now on Amazon! The Positioned Physician: Earn More, Work Smart, and Love Medicine Again, 2nd Edition: Updated with over 50 pages of new content including new chapters on goal setting, mindset, and sales strategies for a successful online business!

https://www.amazon.com/Positioned-Physician-Updated-Smart-Medicine/dp/B08QFBMWCY

Obviously, I'm a big proponent of physicians supporting other physician-owned businesses, especially when it comes to education-based companies. Usually because they often develop the business simply for the love of teaching others, rather than just another profit vehicle.

I once had the opportunity to witness my guest, Dr. David Yeh, speak for nearly 2 hours at a breakout session patiently answering questions from young physicians, on issues of financial literacy and investments. Dr. Yeh did so, completely unpaid, enjoying teaching others who were hungry for information, all while doing so with a smile on his face, seeming to have the time of his life!

Outside of his work as a nuclear physician and radiologist, Dr. Yeh was able to develop a financial system using his diagnostic skills he learned as a medical doctor that allowed him to semi-retire at age 45. On this episode, you'll learned his trial and tribulations of investing in the stock market as a medical resident, why he became a financial investment advisor, and his thoughts on the stock market today (and yes, we do discuss Gamestop!). Learn more about this journey of this extraordinary doctor on this must-listen episode!

Wealthy Doctor Institute - specializing in providing education and portfolio management services to individuals, families and small businesses. https://wealthydoctorinstitute.com

The Busy Doctor's Investment Guide: How One Adjustment Per Month Can Save and Maintain Your Portfolio's Health https://www.amazon.com/Busy-Doctors-Investment-Guide-Adjustment/dp/1599325527/