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I have good news for you today.
You might be aware that physician-owned businesses fail more often than not. (That's not the good news.)
The good news is that the ones that survive the inevitable economic downturns and other adversity all have the same overarching strategy, and I have studied it up and down.
In this podcast episode, I give you the 5 reasons physician-owned businesses fail—and what I do to keep my businesses ultra successful!
Tune in to episode #311 of the EntreMD Podcast, "Why Physician-Owned Businesses Fail."
// COMMUNITY: EntreMD Private Group on Facebook
Join a group of physicians who have decided to build profitable businesses, so they have the freedom to live life and practice medicine on their terms.
https://www.facebook.com/groups/entremd
// FOLLOW
Facebook - https://www.facebook.com/drunachukwu
Instagram - https://www.instagram.com/drunachukwu
YouTube - https://www.youtube.com/@DrUnachukwu
TikTok - https://www.tiktok.com/@dr.una
LinkedIn - www.linkedIn.com/in/druna
// WORK WITH ME
EntreMD Business School - https://www.entremd.com/business
Additional Resources:
When you are ready to work with us, here are three ways:
To get on a call with my team to determine your next best step, go here ...
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Maybe a key person in your practice has left ...
Maybe you're doing vitals and vaccines at your practice because at this time it's HARD to put together a reliable team that stays ...
For all the physicians out there who are feeling overwhelmed due to staffing or workload or hiring issues ...
Lean in.
I interviewed Fatima Sparks on the EntreMD Podcast, and she got REAL about the struggles of creating a strong team amidst the Great Resignation.
As a seasoned practice manager who develops and repairs processes for business growth, Fatima leaves you with powerful tips you will not want to miss.
This is an important episode to share with doctors in your life. This is exactly what the physician community needs to hear now.
EntreMD Podcast #310, "How to Create a Stable Team in the Midst of the Great Resignation."
// COMMUNITY: EntreMD Private Group on Facebook
Join a group of physicians who have decided to build profitable businesses, so they have the freedom to live life and practice medicine on their terms.
https://www.facebook.com/groups/entremd
// FOLLOW
Facebook - https://www.facebook.com/drunachukwu
Instagram - https://www.instagram.com/drunachukwu
YouTube - https://www.youtube.com/@DrUnachukwu
TikTok - https://www.tiktok.com/@dr.una
LinkedIn - www.linkedIn.com/in/druna
// WORK WITH ME
EntreMD Business School - https://www.entremd.com/business
Additional Resources:
When you are ready to work with us, here are three ways:
To get on a call with my team to determine your next best step, go here ...
Send us Fan Mail
The first step to becoming the best YOU that you can be is painting the picture of your dream life.
Do you dream of a 7-figure business? Don't let yourself go to a picture of failing at that dream.
Will you be diligent enough to listen to those podcast episodes, read the books, find the right community, hire the right coaches, connect with the right mentors?
Because that's how you change the picture—and once your internal picture changes, the way you act changes, and the results you get will change.
You ARE the kind of person who can accomplish your dreams. Paint a picture of success and look at it.
You are GOAT material!
In episode #309 of the EntreMD Podcast, I give you the steps to take to become the GOAT.
// COMMUNITY: EntreMD Private Group on Facebook
Join a group of physicians who have decided to build profitable businesses, so they have the freedom to live life and practice medicine on their terms.
https://www.facebook.com/groups/entremd
// FOLLOW
Facebook - https://www.facebook.com/drunachukwu
Instagram - https://www.instagram.com/drunachukwu
YouTube - https://www.youtube.com/@DrUnachukwu
TikTok - https://www.tiktok.com/@dr.una
LinkedIn - www.linkedIn.com/in/druna
// WORK WITH ME
EntreMD Business School - https://www.entremd.com/business
Additional Resources:
When you are ready to work with us, here are three ways:
To get on a call with my team to determine your next best step, go here ...
Send us Fan Mail
Social media has POWER.
It has the power to skyrocket your business—even without paid advertising. In fact, I pledged to not use paid ads until EntreMD hit $1 million in revenue just to demonstrate the power of organic marketing through social media.
That's the GOOD power of social media.
It can be not so good, though, too. It can quickly take control of your day and invade your mental space if you don't set boundaries.
I want to give you the top four things you can do to create a healthy boundary around your social media usage. Just click below to get it all in my newest episode of the EntreMD Podcast, #308: Social Media Boundaries for Entrepreneurs.
// COMMUNITY: EntreMD Private Group on Facebook
Join a group of physicians who have decided to build profitable businesses, so they have the freedom to live life and practice medicine on their terms.
https://www.facebook.com/groups/entremd
// FOLLOW
Facebook - https://www.facebook.com/drunachukwu
Instagram - https://www.instagram.com/drunachukwu
YouTube - https://www.youtube.com/@DrUnachukwu
TikTok - https://www.tiktok.com/@dr.una
LinkedIn - www.linkedIn.com/in/druna
// WORK WITH ME
EntreMD Business School - https://www.entremd.com/business
Additional Resources:
When you are ready to work with us, here are three ways:
To get on a call with my team to determine your next best step, go here ...
Send us Fan Mail
I am a lifelong learner and always studying something.
Most recently it's been the success of the Scale tier of my EntreMD Business School. Scale is the EBS branch for high earners—those seeing multiple six figures and seven figures in revenue. I started to notice themes and commonalities that give away the secrets to their great success. I'm not one to keep these things to myself, so I have to share with you!
The first conclusion I came to is that these ultra-successful physician entrepreneurs INVEST UP. They see the value in the investment to become that new person who can do these big things. That doesn't mean it's not scary—I hear their gulps!—but they just *know* the value is going to make up for the fear. It's something they know, trust, welcome. Invest up!
These million-dollar entrepreneurs also become comfortable with being uncomfortable. It's not that they don't get uncomfortable—they do! But they get over that fast as they recognize the good that will soon come from it.
OK, those are the first two, but I share the other THREE in this newest episode of the EntreMD Podcast, #307: Million-Dollar Physician Entrepreneurs and Their Secrets to Success.
// COMMUNITY: EntreMD Private Group on Facebook
Join a group of physicians who have decided to build profitable businesses, so they have the freedom to live life and practice medicine on their terms.
https://www.facebook.com/groups/entremd
// FOLLOW
Facebook - https://www.facebook.com/drunachukwu
Instagram - https://www.instagram.com/drunachukwu
YouTube - https://www.youtube.com/@DrUnachukwu
TikTok - https://www.tiktok.com/@dr.una
LinkedIn - www.linkedIn.com/in/druna
// WORK WITH ME
EntreMD Business School - https://www.entremd.com/business
Additional Resources:
When you are ready to work with us, here are three ways:
To get on a call with my team to determine your next best step, go here ...
Send us Fan Mail
Birthdays have a way of making us reflect, don't they?
But on my birthday last week, I found myself looking AHEAD.
Way ahead.
I was thinking about what I can be doing now that will get me to where I want to be when I'm 90. It seems so far away, but the things I want for myself take time. I'm talking about things like character, health, and an attitude toward skill development.
Playing the long game is having the perspective to do today what matters for the future. Find out exactly what I mean in EntreMD Podcast episode 306, "The Life-Altering Decision I Made on My 44th Birthday."
// COMMUNITY: EntreMD Private Group on Facebook
Join a group of physicians who have decided to build profitable businesses, so they have the freedom to live life and practice medicine on their terms.
https://www.facebook.com/groups/entremd
// FOLLOW
Facebook - https://www.facebook.com/drunachukwu
Instagram - https://www.instagram.com/drunachukwu
YouTube - https://www.youtube.com/@DrUnachukwu
TikTok - https://www.tiktok.com/@dr.una
LinkedIn - www.linkedIn.com/in/druna
// WORK WITH ME
EntreMD Business School - https://www.entremd.com/business
Additional Resources:
When you are ready to work with us, here are three ways:
To get on a call with my team to determine your next best step, go here ...
Send us Fan Mail
I'm going to give you a little pep talk. I'd like to start by saying ... YOU HAVE UNMATCHED VALUE.
Your ideas, your business, your service—it's all valuable and it's exactly what this world needs. Someone (lots of someones, in fact) are looking for someone just like you, at this very moment, selling exactly what you're selling. They want it. They need it. It will make their life better.
YOU will make their life better.
Can you do me a favor and read that all again? I want to at least get started on the No. 1 obstacle doctors like you face on your way to earning $100,000 in revenue.
It's mindset.
You don't believe your own value and your own ability to be a physician entrepreneur. But I do—I believe in you.
For more on this and the three other hurdles in the way, stop what you're doing and listen to this right away!
EntreMD podcast episode 305, "The 4 Things That Stop Doctors from Crossing $100K in Revenue":
// COMMUNITY: EntreMD Private Group on Facebook
Join a group of physicians who have decided to build profitable businesses, so they have the freedom to live life and practice medicine on their terms.
https://www.facebook.com/groups/entremd
// FOLLOW
Facebook - https://www.facebook.com/drunachukwu
Instagram - https://www.instagram.com/drunachukwu
YouTube - https://www.youtube.com/@DrUnachukwu
TikTok - https://www.tiktok.com/@dr.una
LinkedIn - www.linkedIn.com/in/druna
// WORK WITH ME
EntreMD Business School - https://www.entremd.com/business
Additional Resources:
When you are ready to work with us, here are three ways:
To get on a call with my team to determine your next best step, go here ...
Send us Fan Mail
Whether you have plans to sell your business or not, you want to build a sellable business.
Why?
Because a business that is easy to sell is a business that is desirable to keep. You win either way.
But how do you up the sellability of your private practice business?
Increase the profit margin.
The first way to do this is to optimize your schedule—take a real look at the calendar and make sure you're filling any gaps with appointments. After all, you've already paid overhead, payroll, fixed expenses, etc. so filling those gaps goes straight to the profit margin.
It's critical you don't stop playing offense; don't stop your marketing efforts and don't stop reviewing referral bases that can get your gaps filled and your schedule optimized.
In today's EntreMD Podcast episode, "3 Ways Private Practices Can Increase Their Profit Margin," I detail that and the two other ways, so tune in for those!
// COMMUNITY: EntreMD Private Group on Facebook
Join a group of physicians who have decided to build profitable businesses, so they have the freedom to live life and practice medicine on their terms.
https://www.facebook.com/groups/entremd
// FOLLOW
Facebook - https://www.facebook.com/drunachukwu
Instagram - https://www.instagram.com/drunachukwu
YouTube - https://www.youtube.com/@DrUnachukwu
TikTok - https://www.tiktok.com/@dr.una
LinkedIn - www.linkedIn.com/in/druna
// WORK WITH ME
EntreMD Business School - https://www.entremd.com/business
Additional Resources:
When you are ready to work with us, here are three ways:
To get on a call with my team to determine your next best step, go here ...
Send us Fan Mail
We physicians are treasure troves of content. The moment you recognize this is the moment you realize you CAN provide valuable content on a regular schedule—and promote it proudly as your followers grow.
And that, in a sentence, is how I achieved 400k podcast downloads in 3 years.
In today's EntreMD Podcast episode, "How I Grew My Podcast to 400,000 Downloads in 3 Years," I detail the three components of my successful podcast growth, starting with understanding the difference between a great product and a bestselling product.
Tune in to learn the difference and the two other components of a booming podcast.
COMMUNITY: EntreMD Private Group on Facebook
Join a group of physicians who have decided to build profitable businesses, so they have the freedom to live life and practice medicine on their terms.
https://www.facebook.com/groups/entremd
FOLLOW
Facebook - https://www.facebook.com/drunachukwu
Instagram - https://www.instagram.com/drunachukwu
YouTube - https://www.youtube.com/@DrUnachukwu
TikTok - https://www.tiktok.com/@dr.una
LinkedIn - www.linkedIn.com/in/druna
WORK WITH ME
EntreMD Business School - https://www.entremd.com/business
Additional Resources:
When you are ready to work with us, here are three ways:
To get on a call with my team to determine your next best step, go here ...
Send us Fan Mail
Have you ever wondered if the cost of conferences is worth it? There's the financial investment, of course, but there's also opportunity cost of being away from your family, being away from work, having to travel, etc. What if I told you how to 10x the ROI so it's more than worth it to attend? Let's go!
Listen to my newest podcast episode for those tips and the other 3 ways to up your ROI for business conferences!
// COMMUNITY: EntreMD Private Group on Facebook
Join a group of physicians who have decided to build profitable businesses, so they have the freedom to live life and practice medicine on their terms.
https://www.facebook.com/groups/entremd
// FOLLOW
Facebook - https://www.facebook.com/drunachukwu
Instagram - https://www.instagram.com/drunachukwu
YouTube - https://www.youtube.com/@DrUnachukwu
TikTok - https://www.tiktok.com/@dr.una
LinkedIn - www.linkedIn.com/in/druna
// WORK WITH ME
EntreMD Business School - https://www.entremd.com/business
Additional Resources:
When you are ready to work with us, here are three ways:
To get on a call with my team to determine your next best step, go here ...
From the publisher's feed
Dr. Una is passionate about helping physicians embrace entrepreneurship so they can grow their wealth and win back the freedom to practice medicine on their own terms. Learn more at:

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