BootstrapMD - Physician Entrepreneurs Podcast with Dr. Mike Woo-Ming

Ep299 - Is Your Business Idea Worth It? A Step-by-Step Validation Guide for Physicians


Listen Later

This episode is sponsored by: My Financial Coach

You trained to save lives—who's helping you save your financial future? My Financial Coach connects physicians with CFP® Professionals who specialize in your complex needs. Whether it's crushing student loans, optimizing investments, or planning for retirement, you'll get a personalized strategy built around your goals. Save for a vacation home, fund your child's education, or prepare for life's surprises—with unbiased, advice-only planning through a flat monthly fee. No commissions. No conflicts. Just clarity. 👉 Visit: https://myfinancialcoach.com/bootstrapmd/ to meet your financial coach and find out if concierge planning is right for you. _________

Got a business idea but unsure if it's worth pursuing? In this solo episode, Dr. Mike Woo-Ming walks you through a proven, step-by-step process to validate your online business idea before you invest time, money, or energy. From identifying pain points in your medical practice to using keyword research, competitor analysis, and building an engaged audience—Dr. Mike shares how to minimize risk and maximize potential for physician entrepreneurs.

You'll learn how to run surveys, gauge demand, differentiate from competitors, and ultimately develop a minimum viable product (MVP) that meets a real need. This episode is essential listening if you're toying with an idea and wondering, "Will this work?"

Three Actionable Takeaways:

  1. Identify real-world problems you and your colleagues face—your future business idea lives there.

  2. Validate demand by using surveys, keyword research, and feedback—not assumptions.

  3. Start small with an MVP, test it, and refine before investing in a full launch.

About the Host: Dr. Mike Woo-Ming has over 20 years of experience as a physician entrepreneur. He's built and sold multiple seven-figure companies and now leads Executive Medical, a group of clinics specializing in age management and aesthetics. Through BootstrapMD, he mentors physicians in business, content creation, and autonomy.

👥 Let's Connect: www.bootstrapmd.com

🎙 Want to start a podcast? Check out Doctor Podcast Network

...more
View all episodesView all episodes
Download on the App Store

BootstrapMD - Physician Entrepreneurs Podcast with Dr. Mike Woo-MingBy Doctor Podcast Network

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

36 ratings


More shows like BootstrapMD - Physician Entrepreneurs Podcast with Dr. Mike Woo-Ming

View all
Hidden Brain by Hidden Brain, Shankar Vedantam

Hidden Brain

43,710 Listeners

The Ben Shapiro Show by The Daily Wire

The Ben Shapiro Show

153,934 Listeners

White Coat Investor Podcast by Dr. Jim Dahle of the White Coat Investor

White Coat Investor Podcast

2,449 Listeners

Physician NonClinical Careers with John Jurica by John Jurica, MD, MPH, CPE

Physician NonClinical Careers with John Jurica

98 Listeners

Succeed in Medicine by Bradley B. Block, MD, Doctor Podcast Network

Succeed in Medicine

123 Listeners

The EntreMD Podcast by Dr. Una

The EntreMD Podcast

288 Listeners

Money Meets Medicine by Doctor Podcast Network, Jimmy Turner MD

Money Meets Medicine

229 Listeners

The Passive Income MD Podcast by Peter Kim, MD

The Passive Income MD Podcast

278 Listeners

The Doctor's Crossing Carpe Diem Podcast by Heather Fork, MD

The Doctor's Crossing Carpe Diem Podcast

166 Listeners

Huberman Lab by Scicomm Media

Huberman Lab

29,229 Listeners

Morning Wire by The Daily Wire

Morning Wire

26,686 Listeners

BigDeal by Codie Sanchez

BigDeal

932 Listeners

Physicians and Properties by Dr. Alex Schloe

Physicians and Properties

52 Listeners

The David Ghiyam Podcast by David Ghiyam

The David Ghiyam Podcast

725 Listeners

Physicians Hanging a Shingle | Start a Private Medical Practice by Brittney Anderson, MD, FAAFP | Physician and Practice Owner

Physicians Hanging a Shingle | Start a Private Medical Practice

28 Listeners