So you buy a pharmacy what now?  How are you going to reach your goals?  In order to successfully drive your pharmacy or healthcare business in the direction of profits, you need a well-laid out and thorough plan. Having a clear vision and defined set of goals that links back to your business strategy is essential to achieving success.

“Failing to plan is planning to fail”

In this week’s episode we speak with Zamil Solanki, pharmacist, experienced owner, business strategist and entrepreneurial coach, helping health entrepreneurs to create bespoke solutions and guidance for their businesses to ensure they thrive!

The goal of the episode is to shed light on the importance of having a game plan before you sign the dotted line and what goes into a developing an effective business strategy. 

Topics covered:

• What is business strategy?
•  Why is a business strategy important if you want to be successful?
•  Strategies to be more to be more innovative 
• Why differentiation is more importance than just being a service model 

Follow Zamil on:

LinkedIn: @Zamil Solanki
YouTube: Zamil Solanki
Facebook: @Zamil Solanki
Instagram: @ZamilSolanki
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Buying a pharmacy can be an intimidating task!  The process can be both time consuming and complex but at the end of the day there are several key things to consider when doing so. 

In this week’s episode we focus on the FINANCIAL SIDE of pharmacy ownership by speaking with specialist pharmacy accountant John Thornett. John is the Founder and Director of Peak Strategies and has over twenty years’ experience in pharmacy accounting. 

Extremely passionate about pharmacy, John shares his perspective on the current state of pharmacy and how pharmacy has changed over the years. 

Topics covered: 

•  What to do when an opportunity to buy comes up?
• Who forms part of your DREAM TEAM (trusted advisors)?
• What are some RED FLAGS to look out for when considering a deal?
• What are some common errors FIRST TIME buyers make?
• What is due diligence? 
• What happens if you make a bad deal?
• MINDSET and emotional intelligence are needed when buying your first pharmacy

PharmaHACK TIP: Success is when opportunity meets  preparation!! So remember EARLY preparation  is vital in getting you that dream pharmacy!

If you have everything in place early, when that business comes on the market you can act quickly and not miss out on the opportunity.

If you would like to discuss the pharmacy market in your area or pharmacy performance in general,  contact John and the  friendly team at Peak Strategies Today!

Peak strategies
Instagram: @peakstrategies

John’s LinkedIn: John Thornett

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The biggest decision in any ambitious pharmacist’s career will be the purchase of their first pharmacy. Not only is it the biggest investment decision you will make, even bigger than the family home, but it’s also associated with the biggest debt and the greatest risk. This opportunity typically comes at a time when many pharmacists may not be familiar of the financial intricacy, debt structuring, legal entities, business strategy, leadership and all the other factors business owners must deal with. Mistakes can be expensive, but the opportunities can be rewarding.

In this week’s episode we speak with Stephane Bredenbac, a pharmacist who recently became a partner in a pharmacy. Stephane shares his PharmaHack journey and experience of buying into a pharmacy, issues you may encounter & tips for aspiring students and early career pharmacist.

Topics covered include:

• The current state of pharmacy & the challenges pharmacists face from a pharmacy owner perspective
• The future of pharmacy from pharmacy owner perspective
• Pharmacy ownership or pharmacy partnership?
• What to do when you offered the opportunity buy in
• How to get informed if you are not certain about buying into a pharmacy without having to fully commit to any offer?

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So you’re a pharmacist, and you’ve been working as a manager for some time, what now? Or maybe you’ve just registered and the opportunity for management is looming on the horizon?

This week’s episode kicks off the PharmaHack Business Ownership Series! We catch up with Ben Weick, who shares his PharmaHack journey;  experience as a Pharmacy Manager including opportunities  in pharmacy ownership. 

Secretly wishing for a pay rise? We discuss the pharmacist pay and Ben shares some tips on how you can increase your pay as a pharmacist! 

This episode is designed to provide tips and hacks for ECP pharmacists who transition to pharmacy management or suddenly find themselves in managerial roles & how we as pharmacists can become more valuable to the marketplace. 

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“Choose a job you love, and you will never have to work a day in your life!”

Pretty good advice, right? Of course, this expression doesn’t mean that you will literally never work a day in your life. Rather it implies that when you love your work, it feels like a choice more than a burden

In this week’s episode we speak with Jordan Dixon, a pharmacist experienced in both hospital & community pharmacy and currently in her final year of medical school at Melbourne University.

Jordan shares her PharmaHack Journey & touches on a very important topic, about why she chose to go back to study medicine, passion and why your career choice should align with your personality.

Research suggests that personality might determine the career path you choose, and it may predict whether you are unhappy with your job. Several studies have also shown that people who hold jobs with characteristics and tasks related to their personality are more productive, happier, and make more money.

Topics covered include:

• The state of pharmacy & the challenges pharmacists face in hospital
• Why you need to make your career choice match your personality?
• How to transition from pharmacy to medicine?
• How to prepare for the GAMSAT exam & tips to succeed?
• Does your pharmacist knowledge and experience help in medicine?
• How is it working as a pharmacist, whilst studying medicine?
• Challenges and hurdles of going through med school as a pharmacist?
• Practical tips and strategies for pharmacists and students who wish to pursue medicine.

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In this episode we speak with Nihal Dey. A 2nd-year pharmacy student, studying at the University of Queensland. Before reaching out to us had been working in community pharmacies. Since Nihal decided to take charge of his career and started PharmaHacking, he’s been able to make some great strides towards his dream career, including some great wins along the way!

Topics  covered:

• Pharmacy student career problems
• Goal setting and how to achieve them
• How to network and seek out mentors?
• Why PharmaHack early?
• Achievements since PharmaHacking
• Practical tips and strategies for students to begin hacking early on

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With constant changes to the current state of pharmacy, pharmacists continue to face challenging times, add on a global pandemic, funding cuts and job security has become an even greater challenge. The ability to diversify, innovate or create your own hack is important now more than ever. 

Many community pharmacists tend to go on to be owners and managers of their own pharmacies. However, there are so many more possibilities opening up where pharmacist with an entrepreneurial mindset can develop a business that is not necessarily a traditional community pharmacy. 

But what qualities should a pharmacist have to be a successful entrepreneur?

In this episode we speak with Holly Louise; Pharmacist, Health Coach and Co-Founder of Find Your Balance App & Macro Kitchen. 

Holly talks about her initial dream of owning a pharmacy, however, as she began her PharmaHack journey she quickly discovered that her true passion lied outside the dispensary. Holly also opens up about her personal struggles with various health conditions, but determined to improve her own health, began her personal fitness journey. Through this experience Holly developed a passion to help other women achieve their health & fitness goals while transforming their relationship with food. 

Topics covered: 

• Developing a personal brand
• When to make the jump from pharmacist to Entrepreneur?
• Road blocks for pharmacist wanting to go into Entrepreneurship?   
• How to charge for your knowledge as a pharmacist?
• Challenges, sacrifices & mindset of entrepreneurship   
• Practical tips and strategies for pharmacists or  students who want to turn their passion  into a career.

If you want find out more about Holly check out her Instagram pages :
@thefitpharmacist_
@findyourbalance.app
@macrokitchengc

And Websites:
www.findyourbalance.app
www.macrokitchen.com.au

This Episode was sponsored by Head Honcho Supplements. Listen to the episode, retreive the secret word and follow the instructions for your chance to WIN 2 x tubs of Head Honco Supplements Ashwagandha valued at $59.95 each. 

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Initiatives to address rural and remote health workforce shortages in Australia have resulted in a large number of international healthcare graduates working in rural Australia. Some studies have also shown students from a rural background are more likely to choose a rural career in comparison to their colleagues from urban backgrounds. 

Have you’ve ever considered taking up a rural opportunity or a rural placement? or maybe you’ve just been toying with the idea ? well…. DON’T do go bush until you’ve listen to this episode. 

 In this week’s episode we head rural and catch up with Claire Frewin, accredited pharmacist and lecturer with the University of Newcastle Department of Rural health

Claire shares her PharmaHack journey which began in Armidale, including her experiences of working and living in rural Australia. We also discuss the wide variety of opportunities for career & professional development. If you’re a student, then this one’s especially for you, so stay tuned and find out why a rural placement could see you walk away with a greater sense of confidence and increased skills and knowledge.

Key Topics covered: 

• Why & how is it working rural?
• Benefits and career opportunities of rural
• What is UONDRH
• What opportunities are available for pharmacy students with the UONDRH
• How can students make the most out of their placement?

The University of Newcastle Department of Rural Health supports health and medicine students from all Commonwealth-funded universities to complete rural placements within their NSW rural footprint, which extends from Muswellbrook up to Coffs Harbour, and out to Tamworth, Armidale and Moree.

You can find out more about NSW rural placement opportunities and support on their website: www.newcastle.edu.au/drh

Disclaimer: Claire’s views are her own and do not specifically represent the views of the Department of Rural Health or the University of Newcastle.

If  you’re a student or pharmacist looking to begin hacking your career, but not sure if your resume is holding you back from the interviews you deserve?

We’ve teamed up with our friend at PharmacyConnect and put together a guide:  7 WARNING signs your resume sucks! Including 3 ESSENTIAL tips to writing an impressive application that can land you the Job.

If you're serious about hacking your career, then download the guide and begin hacking your way to a fulfilling career TODAY!

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You’re a pharmacist, so you just hand out boxes of drugs, right? Very wrong!

As pharmacist we can also play a key role in the complexity of prescribing medication regimens as essential members of the interdisciplinary team, in order to optimize the benefits of drug therapies and ensure patient safety.

In this week’s episode we dive deeper into the scope of hospital pharmacy, more specifically; Oncology Pharmacy.

We catch up with Mikie Hughes, who shares her PharmaHack jounery, where she started in Marine biology. Yes! Marine Biology, so make sure you listen till the end!

Mikie shares how her curiosity and early career HACKS has led her to where she is today a Grade 2 Clinical Oncology Hospital Pharmacist.

Topics covered:

• What is Oncology Pharmacy
• Roles and opportunities of Oncology pharmacist
• Oncology pharmacist vs Clinical trial Pharmacist
• Career trajectory in Oncology Pharmacy
• Practical tips and strategies to help you HACK a career hospital (oncology) Pharmacy
• Early career hacks for pharmacy students interested in hospital (oncology) Pharmacy

If  you’re a student or pharmacist looking to begin hacking your career, but not sure if your resume is holding you back from the interviews you deserve?

We’ve teamed up with our friend at PharmacyConnect and put together a guide:  7 WARNING signs your resume sucks! Including 3 ESSENTIAL tips to writing an impressive application that can land you the Job.

If you're serious about hacking your career, then download the guide and begin hacking your way to a fulfilling career TODAY!

DON’T FORGET TO SUBSCRIBE! 
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DIGITAL TRANSFORMATION is advancing industries, altering consumer behaviours and revolutionized the healthcare industry. The emergence of digital health has led to improved access to health services, greater patient empowerment, and continuity of care. From mobile apps to robust software, we can now manage conditions like never before. However, where do we as pharmacists stand in this rapidly evolving world of digital health?  

In this episode we speak with Vasilios, a hospital pharmacist, working in clinical informatics.

Clinical informatics is still an emerging field with tremendous opportunities for pharmacists who get in on the front end EARLY on!

Vasilios breaks down his PharmaHack journey including some of the key hacks that he implemented early on as a student that propelled him to where he is today.

Topics covered:

• What is clinical informatics?
• Where do pharmacists fit within clinical informatics?
• Roles and opportunities for pharmacist in clinical informatics or digital health
• Practical tips and strategies to help you HACK a career in clinical informatics 
• Early career hacks for pharmacy students interested in Digital health

If you’re a student or pharmacist looking to begin hacking your career, but not sure if resume is holding you back from the interviews you deserve?

We’ve teamed up with our friend at PharmacyConnect and put together a guide:  7 WARNING signs your resume sucks! Including 3 ESSENTIAL tips to writing an impressive application that can land you the Job.

If you're serious about hacking your career, then download the guide and begin hacking your way to a fulfilling career TODAY!

DON’T FORGET TO SUBSCRIBE! 
Follow us on:

• Instagram: @Pharmahack_career 
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• Website: pharmahack.org