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

In the final installment of our series "Building a Profitable Private Practice," Dr. Anne Truong shares her expertise on creating recurring income through membership programs. She discusses how to set up a membership, create valuable content, and attract members to generate revenue from both current and prospective patients. Tune in to learn how a membership program can help you build a thriving cash-based practice, whether you're a specialist or a general practitioner looking to support your patients' ongoing health journey. GO CASH - Join Us in the Upcoming Medical Practice Profits Challenge - Starts April 30! Transform your medical practice by saying goodbye to declining insurance reimbursements! For more details: http://practiceprofitschallenge.com/ Subscribe to Our FREE Newsletter - THE LOUNGE: Get your weekly dose of tech trends, investment tips, and entrepreneurial insights designed for the ambitious physician! https://www.bootstrapmd.com/thelounge Our Podcast Sponsor: Doc 2 Doc Lending - Affordable loans for the busy forward-thinking physician https://www.bootstrapmd.com/doc2doc PhysicianCoaches.com The #1 Doctor Directory for Physician Coaches, Consultants, and Mentors https://www.PhysicianCoaches.com

In this episode, Dr. Anne Truong shares her expertise on attracting patients to your medical practice using social media. She emphasizes the importance of creating content that addresses your target audience's questions and concerns, and discusses strategies for identifying these topics through reverse engineering and investigating what patients are searching for on Google, YouTube, and Answer the Public. Dr. Truong explains how to create engaging content, such as videos, that showcase your personality and expertise while avoiding technical jargon. She also shares tips on effectively using platforms like YouTube, which can help you establish a long-lasting presence and attract potential patients to your website or landing page. By providing value and nurturing relationships with your audience, you can convert them into patients who know, like, and trust you. GO CASH - Join Us in the Upcoming Medical Practice Profits Challenge - Starts April 30! Transform your medical practice by saying goodbye to declining insurance reimbursements!For more details: PracticeProfitsChallenge.com Subscribe to Our FREE Newsletter - THE LOUNGE: Get your weekly dose of tech trends, investment tips, and entrepreneurial insights designed for the ambitious physician! https://www.bootstrapmd.com/thelounge Our Podcast Sponsor: Doc 2 Doc Lending - Affordable loans for the busy forward-thinking physician https://www.bootstrapmd.com/doc2doc PhysicianCoaches.com The #1 Doctor Directory for Physician Coaches, Consultants, and Mentors https://www.PhysicianCoaches.com

In this episode, Anne Truong MD, a successful private practice owner, returns to share her journey of transitioning from an insurance-based to a thriving cash-based practice focused on sexual health. Dr. Truong discusses the importance of niching down your services to focus on a specific offering that provides high profit margins and aligns with your passion as a physician. Learn how niching down can help you optimize your marketing efforts, attract your ideal cash-pay patients, and create additional passive income streams. This episode is the first in a 3-part series with Dr. Truong, designed to help physician entrepreneurs transform their practices with actionable strategies for finding their niche, attracting patients online, and creating membership programs. Join us in the upcoming Medical Practice Profits Challenge - Starts April 30! Transform your medical practice by saying goodbye to declining insurance reimbursements! For more details: https://practiceprofitschallenge.com/ SUBSCRIBE TO OUR FREE NEWSLETTER - THE LOUNGE: Get your weekly dose of tech trends, investment tips, and entrepreneurial insights designed for the ambitious physician! https://www.bootstrapmd.com/thelounge Our Podcast Sponsor: Doc 2 Doc Lending - Affordable loans for the busy forward-thinking physician https://www.bootstrapmd.com/doc2doc PhysicianCoaches.com The #1 Doctor Directory for Physician Coaches, Consultants, and Mentors https://www.PhysicianCoaches.com

Are you a physician curious about career opportunities beyond traditional clinical practice? In this episode of BootstrapMD, Dr. Mike Woo-Ming and his guest, Dr. John Jurica, dive deep into the growing world of non-clinical and non-traditional careers for doctors. With 38 years of experience as a family physician and hospital Chief Medical Officer, Dr. Jurica shares his expertise and insights on alternative career paths that can offer greater flexibility, autonomy, and fulfillment. He also reveals exciting details about his upcoming free virtual Nonclinical Summit, where attendees can learn from a wide array of experts discussing various unique opportunities. Whether you're considering a career transition or simply exploring your options, this episode is packed with valuable information and inspiration. Tune in to discover the possibilities that await you in the ever-evolving landscape of non-clinical careers for physicians. The 2024 Nonclinical Career Summit https://bootstrapmd.com/go/non-clinical-summit/ SUBSCRIBE TO OUR FREE NEWSLETTER - THE LOUNGE: Get your weekly dose of tech trends, investment tips, and entrepreneurial insights designed for the ambitious physician! https://www.bootstrapmd.com/thelounge Our Podcast Sponsor: Doc 2 Doc Lending - Affordable loans for the busy forward-thinking physician https://www.bootstrapmd.com/doc2doc PhysicianCoaches.com The #1 Doctor Directory for Physician Coaches, Consultants, and Mentors https://www.PhysicianCoaches.com

In this captivating episode, we sit down with Dr. Nerissa Kreher, a pediatric endocrinologist who has successfully navigated the transition from clinical practice to the pharmaceutical industry. Dr. Kreher, founder of IndustryMDCoach.com, shares her wealth of experience and insider knowledge on how physicians can make the leap into exciting non-clinical roles within biotech and pharma companies. Throughout the interview, Dr. Kreher dispels common myths and highlights the numerous benefits of working in the pharmaceutical industry. Whether you're a physician entrepreneur, investor, or simply curious about exploring non-clinical career opportunities, this podcast is a must-listen. Dr. Kreher's inspiring success stories and practical advice will empower you to take the first steps towards a fulfilling career in the pharmaceutical industry. Tune in to discover how you can leverage your medical expertise and experience to embark on a thrilling new career path in the world of biotech and pharma. Industry MD Coach https://www.industrymdcoach.com SUBSCRIBE TO OUR FREE NEWSLETTER - THE LOUNGE: Get your weekly dose of tech trends, investment tips, and entrepreneurial insights designed for the ambitious physician! https://www.bootstrapmd.com/thelounge Our Podcast Sponsor: Doc 2 Doc Lending - Affordable loans for the busy forward-thinking physician https://www.bootstrapmd.com/doc2doc PhysicianCoaches.com The #1 Doctor Directory for Physician Coaches, Consultants, and Mentors https://www.PhysicianCoaches.com

Could you make over 6-figures while working fewer hours from home? My guests Takashi Nakamura and Suneer Chander say yes —they now earn more in virtual medicine than previously slaving away in the ER. In Part 2 of my interview, learn how embracing telehealth’s flexibility fueled their income growth. They bust myths that only primary care doctors belong here; specialists have ample clinical and business opportunities plus the chance to craft a lucrative career with life balance. Whether you want to rapidly scale a side hustle or invest in long-term passive revenue streams, this episode shares smart strategies to build wealth in an industry still in its infancy. Join us as two doctors who left hospital jobs reveal telemedicine’s almost unlimited money-making upside. All-in Remote AIR Academy - Join Today and Get My Bonus Physician PC Owner Training https://www.bootstrapmd.com/air SUBSCRIBE TO OUR FREE NEWSLETTER - THE LOUNGE: Get your weekly dose of tech trends, investment tips, and entrepreneurial insights designed for the ambitious physician! https://www.bootstrapmd.com/thelounge Our Podcast Sponsor: Doc 2 Doc Lending - Affordable loans for the busy forward-thinking physician https://www.bootstrapmd.com/doc2doc PhysicianCoaches.com The #1 Doctor Directory for Physician Coaches, Consultants, and Mentors https://www.PhysicianCoaches.com

Today we have an insightful conversation about the rapidly expanding world of telemedicine with Dr. Takashi Nakamura and Dr. Suneer Chander. two entrepreneurial emergency physicians. Takashi and Suneer share how they built successful virtual medicine careers after starting telehealth as a side gig. They explain why getting 50 state licensed maximizes opportunities and income potential across this emerging field. We bust some common myths around telemedicine and discuss the value of learning from others with experience. Whether you're curious or ready to take the leap into remote patient care, this episode provides an inside look at crafting a unique telemedicine career and how their community can help physicians thrive. Don’t miss the first half on my informative chat with these telehealth trailblazers! All-in Remote AIR Academy - Join Today and Get My Bonus Physician PC Owner Training https://www.bootstrapmd.com/air SUBSCRIBE TO OUR FREE NEWSLETTER - THE LOUNGE: Get your weekly dose of tech trends, investment tips, and entrepreneurial insights designed for the ambitious physician! https://www.bootstrapmd.com/thelounge Our Podcast Sponsor: Doc 2 Doc Lending - Affordable loans for the busy forward-thinking physician https://www.bootstrapmd.com/doc2doc PhysicianCoaches.com The #1 Doctor Directory for Physician Coaches, Consultants, and Mentors https://www.PhysicianCoaches.com

Back from our hiatus! Calling all physician entrepreneurs - meet fellow innovator Barton Scott who forged his own path after personal tragedy, combining engineering and nutrition to found a thriving supplement company. Motivated by finding root cause solutions, Barton developed a nanotechnology that enhances mineral absorption beyond IVs. In our inspiring conversation, you’ll hear his journey from 3am “a-ha” moment to bringing effective products to market, empowering patient outcomes through personalized testing. If you’ve ever doubted supplements' potential, Barton’s clinical results speak volumes. Tune in now to hear his uplifting entrepreneur story - halfway through, you’ll feel re-energized to transform healthcare yourself. The future of functional medicine is bright. Upgraded Formulas https://www.upgradedformulas.com Get 10% Off on their site - Use Code: BARTON10 - 10X Your Medical Practice Profits with Anne Truong, MD - Masterclass https://www.bootstrapmd.com/masterclass SUBSCRIBE TO OUR FREE NEWSLETTER - THE LOUNGE: Get your weekly dose of tech trends, investment tips, and entrepreneurial insights designed for the ambitious physician! https://www.bootstrapmd.com/thelounge Our Podcast Sponsor: Doc 2 Doc Lending - Affordable loans for the busy forward-thinking physician https://www.bootstrapmd.com/doc2doc PhysicianCoaches.com The #1 Doctor Directory for Physician Coaches, Consultants, and Mentors https://www.PhysicianCoaches.com

Get the inside scoop on how this nephrologist transformed her career with a laser focus on academic publishing. After hitting wall after wall trying to turn her research into publications, Dr. Jia Ng dedicated 3 years to mastering academic writing. She multiplied her credentials, funding, and publications - then launched a business helping other clinicians do the same. In this episode, Dr. Ng shares hard-won insights from her journey along with her best tips for efficient writing, strong manuscripts, and balancing academic and entrepreneurial efforts. Want to amplify your clinical innovations while advancing your career? Tune in to hear how this doctor turned her publishing passion into a purpose. PublishedMD - Helping Clinicians Achieve Academic Goals and Build Authority https://www.publishedmd.com/ SUBSCRIBE TO OUR FREE NEWSLETTER - THE LOUNGE: Get your weekly dose of tech trends, investment tips, and entrepreneurial insights designed for the ambitious physician! https://www.bootstrapmd.com/thelounge Our Podcast Sponsor: Doc 2 Doc Lending - Affordable loans for the busy forward-thinking physician https://www.bootstrapmd.com/doc2doc PhysicianCoaches.com The #1 Doctor Directory for Physician Coaches, Consultants, and Mentors https://www.PhysicianCoaches.com

On this episode I interviewed Colin Carr, founder of CARR, a leading commercial real estate firm for healthcare tenants. With 1,000+ physician deals closed, Colin has mastered medical office leases. He shares his proven system for lease negotiations that regularly saves doctors 6 figures. You’ll learn sneaky landlord tricks costing physicians at renewal, how to access favorable financing to purchase your own space, and commercial real estate investing basics to set you up for success. Whether you want to stop overpaying rent, buy your existing office, or build wealth through property investments, Colin brings in-the-trenches expertise. His clear advice can save you money and optimize your most critical business asset. CARR is the nation’s leading provider of commercial real estate services for healthcare tenants and buyers https://carr.us/ SUBSCRIBE TO OUR FREE NEWSLETTER - THE LOUNGE: Get your weekly dose of tech trends, investment tips, and entrepreneurial insights designed for the ambitious physician! https://www.bootstrapmd.com/thelounge Our Podcast Sponsor: Doc 2 Doc Lending - Affordable loans for the busy forward-thinking physician https://www.bootstrapmd.com/doc2doc PhysicianCoaches.com The #1 Doctor Directory for Physician Coaches, Consultants, and Mentors https://www.PhysicianCoaches.com

Meet the inspirational power couple behind the medtech startup Imaginostics. Driven by his passion for physics and imaging, Dr. Codi Gharagouzloo invented an MRI technology that can uncover diseases 10-20 years before symptoms emerge. Alongside his wife and co-founder Dr. Valerie Gharagouzloo, who provided the business inspiration, they are on a mission to bring their game-changing technology from bench to bedside. Despite no prior business experience, through grit and surrounding themselves with supportive mentorship and entrepreneurial communities, Codi and Valerie are now gearing up to launch a pioneering vascular imaging solution. Their story underscores how a commitment to purpose and perseverance can lead to transformative healthcare innovations. Let this couple’s relentless journey to commercialize preventative diagnostic imaging motivate your own startup ambitions! Imaginostics - https://imaginostics.com SUBSCRIBE TO OUR FREE NEWSLETTER - THE LOUNGE: Get your weekly dose of tech trends, investment tips, and entrepreneurial insights designed for the ambitious physician! https://www.bootstrapmd.com/thelounge Our Podcast Sponsor: Doc 2 Doc Lending - Affordable loans for the busy forward-thinking physician https://www.bootstrapmd.com/doc2doc PhysicianCoaches.com The #1 Doctor Directory for Physician Coaches, Consultants, and Mentors https://www.PhysicianCoaches.com

The conclusion of my interview with superstar medical practice owner Dr. Anne Truong! What if you could work just 24 hours a week seeing only 5-7 patients daily, yet generate over 7 figures in monthly practice revenue? Dr. Anne Truong, insurance-based now turned cash-based private practice owner, reveals how she leveraged her 25+ years of medical experience to pull off this enviable scenario after nearly suffering a mental breakdown from 70+ hour workweeks tangled in insurance headaches. This multi-award-winning doctor and influencer spilled hard-won secrets on escaping practice burnout. You’ll discover how Dr. Truong reinvented her clinic after COVID killed patient referrals and appointments. How did she quickly master online marketing and funnel psychology to drive revenues without relying on traditional doctor networks? What simple but brilliant trick did she use to determine her most profitable 20% of services and shortcut client avatar targeting? Dr. Truong packs inspiration and contrarian advice. If you crave freedom from burnout or just an optimized practice, don’t miss this passion-filled interview. Get more Patients! Learn more about The Doctor Boss Program: https://www.bootstrapmd.com/go/doctorboss SUBSCRIBE TO OUR FREE NEWSLETTER - THE LOUNGE: Get your weekly dose of tech trends, investment tips, and entrepreneurial insights designed for the ambitious physician! https://www.bootstrapmd.com/thelounge Our Podcast Sponsor: Doc 2 Doc Lending - Affordable loans for the busy forward-thinking physician https://www.bootstrapmd.com/doc2doc PhysicianCoaches.com The #1 Doctor Directory for Physician Coaches, Consultants, and Mentors https://www.PhysicianCoaches.com

What if you could work just 24 hours a week seeing only 5-7 patients daily, yet generate over 7 figures in monthly practice revenue? Dr. Anne Truong, insurance-based now turned cash-based private practice owner, reveals how she leveraged her 25+ years of medical experience to pull off this enviable scenario after nearly suffering a mental breakdown from 70+ hour workweeks tangled in insurance headaches. This multi-award-winning doctor and influencer spilled hard-won secrets on escaping practice burnout. You’ll discover how Dr. Truong reinvented her clinic after COVID killed patient referrals and appointments. How did she quickly master online marketing and funnel psychology to drive revenues without relying on traditional doctor networks? What simple but brilliant trick did she use to determine her most profitable 20% of services and shortcut client avatar targeting? Dr. Truong packs inspiration and contrarian advice. If you crave freedom from burnout or just an optimized practice, don’t miss this passion-filled interview. SUBSCRIBE TO OUR FREE NEWSLETTER - THE LOUNGE: Get your weekly dose of tech trends, investment tips, and entrepreneurial insights designed for the ambitious physician! https://www.bootstrapmd.com/thelounge Our Podcast Sponsor: Doc 2 Doc Lending - Affordable loans for the busy forward-thinking physician https://www.bootstrapmd.com/doc2doc PhysicianCoaches.com The #1 Doctor Directory for Physician Coaches, Consultants, and Mentors https://www.PhysicianCoaches.com

Struggling to grow your practice online? Reuben Rock brings the answers. This 20+ year search ad expert knows medical marketing. Learn which lucrative treatments respond best to paid search, how to craft focused landing pages, budgeting secrets, and more! with digital ad expert Reuben Rock. Packed with tips to choose the right PPC partner, double conversion rates, and avoid return-killing mistakes, Reuben simplifies patient acquisition. Now is the time to start dominating Google and stealing market share! Tune in now to transform your digital presence. Book 3x More MedSpa Appointments Cheat Sheet: https://spalaunchpad.com/#cheatsheet SUBSCRIBE TO OUR FREE NEWSLETTER - THE LOUNGE: Get your weekly dose of tech trends, investment tips, and entrepreneurial insights designed for the ambitious physician! https://www.bootstrapmd.com/thelounge Our Podcast Sponsor: Doc 2 Doc Lending - Affordable loans for the busy forward-thinking physician https://www.bootstrapmd.com/doc2doc PhysicianCoaches.com The #1 Doctor Directory for Physician Coaches, Consultants, and Mentors https://www.PhysicianCoaches.com

As a physician entrepreneur, I struggled to systematically validate business ideas while still seeing patients. Over years advising doctor founders, I developed a step-by-step blueprint that accelerates the path from ideation to validated startup. Today, I’ll walk through my exact tactics to research needs, survey demand, evaluate competition, build audiences and develop minimum viable products for healthcare concepts. This is a peek inside my startup playbook forged from clinical frustrations and refined across dozens of business ventures I’ve helped build and launch. Join me in exploring if your healthcare idea can make the leap from paper to reality! SUBSCRIBE TO OUR FREE NEWSLETTER - THE LOUNGE: Get your weekly dose of tech trends, investment tips, and entrepreneurial insights designed for the ambitious physician! https://www.bootstrapmd.com/thelounge Our Podcast Sponsor: Doc 2 Doc Lending - Affordable loans for the busy forward-thinking physician https://www.bootstrapmd.com/doc2doc PhysicianCoaches.com The #1 Doctor Directory for Physician Coaches, Consultants, and Mentors https://www.PhysicianCoaches.com

Dr. Sarah Breen shares her journey from practicing pediatrician to becoming COO of the global company BREpic Network. She talks about how she was immersed into the entrepreneurial world through her husband, fell in love with the concept, and brought her communication strengths as a physician to become COO. Sarah provides insight into balancing her clinical work, family life, and new business endeavors. She advises doctors who feel stuck in their career to listen to their gut, try new things, and not be afraid to open new doors. Key Takeaway: You only live once - don't be afraid to explore entrepreneurship and open new doors outside of medicine! BR Epic Network - Connecting Visionaries to Serve Humanity https://brepicnetwork.org/ SUBSCRIBE TO OUR FREE NEWSLETTER - THE LOUNGE: Get your weekly dose of tech trends, investment tips, and entrepreneurial insights designed for the ambitious physician! https://www.bootstrapmd.com/thelounge Our Podcast Sponsor: Doc 2 Doc Lending - Affordable loans for the busy forward-thinking physician https://www.bootstrapmd.com/doc2doc PhysicianCoaches.com The #1 Doctor Directory for Physician Coaches, Consultants, and Mentors https://www.PhysicianCoaches.com

Today we are joined by a productivity expert, the amazing Dr. Ann Tsung, an emergency medicine physician, trained in critical care and aerospace medicine, works as a flight surgeon at NASA while also dedicating her time to working in the ICU and ER. With her busy schedule, she has managed to excel in multiple professional domains. Today, she will offer valuable insights on how physicians can find time for new business ventures and achieve a better work-life balance. Among the topics you will learn include overcoming the mindset that physicians are "stuck" due to demanding schedules, strategically blocking off time for family and priorities, overcoming distractions, using technology to stay focused, and taking consistent action to achieve your dreams. Her expertise and experience are sure to provide valuable guidance for healthcare professionals seeking to expand their horizons and build multiple streams of income. Dr. Ann Tsung’s website: www.ProductivityMD.com Book Your 30-Minute Productivity and Peak Performance Coaching Discovery Call and get 10 hours a week back in 1 hour SUBSCRIBE TO OUR FREE NEWSLETTER - THE LOUNGE: Get your weekly dose of tech trends, investment tips, and entrepreneurial insights designed for the ambitious physician! https://www.bootstrapmd.com/thelounge Our Podcast Sponsor: Doc 2 Doc Lending - Affordable loans for the busy forward-thinking physician https://www.bootstrapmd.com/doc2doc PhysicianCoaches.com The #1 Doctor Directory for Physician Coaches, Consultants, and Mentors https://www.PhysicianCoaches.com

In this episode of Bootstrap MD, we take a deep dive at “Never Split the Difference" by Chris Voss, a book that all physician entrepreneurs and even medical school graduates should read. Voss's book dives into the crucial skill of negotiation, an ability that we use multiple times a day. Throughout this recent podcast series, we’ve been sharing influential books that have impacted my life and career, and how these books can be beneficial to healthcare professionals. "Never Split the Difference" is a must-read for physician entrepreneurs looking to enhance their negotiation skills and succeed in their journeys SUBSCRIBE TO OUR FREE NEWSLETTER - THE LOUNGE: Get your weekly dose of tech trends, investment tips, and entrepreneurial insights designed for the ambitious physician! https://www.bootstrapmd.com/thelounge Our Podcast Sponsor: Doc 2 Doc Lending - Affordable loans for the busy forward-thinking physician https://www.bootstrapmd.com/doc2doc PhysicianCoaches.com The #1 Doctor Directory for Physician Coaches, Consultants, and Mentors https://www.PhysicianCoaches.com

As an online entrepreneur for over two decades, I have delved into various types of digital products and services that can be sold online. From selling ebooks, courses, coaching services, and even medical services, to generating revenue through affiliate marketing and advertisements on websites and blogs, I have witnessed the vast array of opportunities available. However, determining the best type of digital product or service to sell online often remains a common question. In this podcast episode, I aim to explore the advantages and disadvantages of different options, allowing you to make an informed decision tailored to your goals and objectives. Don’t miss this one! SUBSCRIBE TO OUR FREE NEWSLETTER - THE LOUNGE: Get your weekly dose of tech trends, investment tips, and entrepreneurial insights designed for the ambitious physician! https://www.bootstrapmd.com/thelounge Our Podcast Sponsor: Doc 2 Doc Lending - Affordable loans for the busy forward-thinking physician https://www.bootstrapmd.com/doc2doc PhysicianCoaches.com The #1 Doctor Directory for Physician Coaches, Consultants, and Mentors https://www.PhysicianCoaches.com

In the book "Ready, Fire, Aim: Zero to a Hundred Million in No Time Flat" by Michael Masterson, readers are introduced to a practical guide offering valuable insights on scaling businesses from scratch to 9 figure success. Published in 2008, Masterson presents a unique framework likening the growth stages of a business to the development of a human being, starting from infancy and progressing through childhood, adolescence, and finally, maturity. With this analogy, the book provides actionable strategies and advice to navigate each stage successfully. In this episode I discuss how this book sparked my entrepreneurial journey, making it essential reading for healthcare professionals who want to embark on a similar path. SUBSCRIBE TO OUR FREE NEWSLETTER - THE LOUNGE: Get your weekly dose of tech trends, investment tips, and entrepreneurial insights designed for the ambitious physician! https://www.bootstrapmd.com/thelounge Our Podcast Sponsor: Doc 2 Doc Lending - Affordable loans for the busy forward-thinking physician https://www.bootstrapmd.com/doc2doc PhysicianCoaches.com The #1 Doctor Directory for Physician Coaches, Consultants, and Mentors https://www.PhysicianCoaches.com