loader from loading.io

#141: Chet Czaplicka: Learn from Mistakes & Take Risks to Build a Business Empire

Healthcare Entrepreneur Academy Podcast

Release Date: 11/26/2020

#228: Tactical Tuesday: Set the Bar Hight to Build your Team with A Players show art #228: Tactical Tuesday: Set the Bar Hight to Build your Team with A Players

Healthcare Entrepreneur Academy Podcast

OVERVIEW: Jason A. Duprat, Entrepreneur, Healthcare Practitioner, and Host of the Healthcare Entrepreneur Academy podcast talks about the best ways to build your team while growing your business. He discusses key qualities to look for when interviewing potential candidates. He also shares key insights based on his own experience as he continues to go through the hiring process and expand his team.    EPISODE HIGHLIGHTS: The challenge with hiring A Players, especially as a small business, is that typically you can't afford A players’ salaries. It can be tempting to hire B Players...

info_outline
#227: Dr. Vonda Wright: Getting People to Believe in your Vision & Leveraging Networking Opportunities show art #227: Dr. Vonda Wright: Getting People to Believe in your Vision & Leveraging Networking Opportunities

Healthcare Entrepreneur Academy Podcast

OVERVIEW: Jason A. Duprat, Entrepreneur, Healthcare Practitioner, and Host of the Healthcare Entrepreneur Academy podcast talks with Dr. Vonda Wright, MD, MS, orthopedic surgeon and internationally recognized authority on active aging and mobility. Vonda shares several gold nuggets based on her experiences as an entrepreneur, speaker, and author. She also talks about her passion for healthy aging and the importance of networking for women.  EPISODE HIGHLIGHTS: Vonda grew up on a farm in Kansas, and she got her work ethic and entrepreneurial drive from her family. The #1 job of an...

info_outline
#226: Tactical Tuesday: Create Financial Freedom through Pseudo Passive Income show art #226: Tactical Tuesday: Create Financial Freedom through Pseudo Passive Income

Healthcare Entrepreneur Academy Podcast

OVERVIEW: Jason A. Duprat, Entrepreneur, Healthcare Practitioner, and Host of the Healthcare Entrepreneur Academy podcast talks about creating a roadmap to becoming financially free through pseudo passive income. He weighs in on three methods to do this. He also presents the advantages of owning a business - especially a medical practice - as one of the most effective methods for achieving financial gains using pseudo passive income.    EPISODE HIGHLIGHTS: There’s no such thing as passive income because you always need to do initial legwork and research. Jason prefers to call it...

info_outline
#225: Dr. Daniel Kraft: Predict the Future of Healthcare by Inventing It  show art #225: Dr. Daniel Kraft: Predict the Future of Healthcare by Inventing It

Healthcare Entrepreneur Academy Podcast

OVERVIEW: Jason A. Duprat, Entrepreneur, Healthcare Practitioner, and Host of the Healthcare Entrepreneur Academy podcast talks with Dr. Daniel Kraft, MD, physician-scientist, inventor, entrepreneur, innovator, and Chair of the XPRIZE Pandemic Alliance Task Force. Daniel discusses his showcase event, Exponential Medicine. He also shares his insight on healthcare innovation and offers advice to anyone trying to get their business ideas off the ground.  EPISODE HIGHLIGHTS: Daniel considers himself an international healthcare futurist. He’s focused on rethinking and reimagining digital...

info_outline
#224: Tactical Tuesday: Taking Swings & Misses to Find your Business Homerun show art #224: Tactical Tuesday: Taking Swings & Misses to Find your Business Homerun

Healthcare Entrepreneur Academy Podcast

OVERVIEW: Jason A. Duprat, Entrepreneur, Healthcare Practitioner, and Host of the Healthcare Entrepreneur Academy podcast discusses what happens when you take a swing and then you miss in business. He also shares the importance of learning from mistakes and how to keep moving forward. EPISODE HIGHLIGHTS: Across social media channels, it may seem some people never have a bad day, they never have anything go wrong, and they never have any misses.  The reality is, there are times when you may not get traction on a new idea. Not everything you do is going to be a gold mine or turn into gold....

info_outline
#223: Nicholas Dowgul: Navigating Occupational License Defense for Healthcare Practitioners show art #223: Nicholas Dowgul: Navigating Occupational License Defense for Healthcare Practitioners

Healthcare Entrepreneur Academy Podcast

OVERVIEW: Jason A. Duprat, Entrepreneur, Healthcare Practitioner, and Host of the Healthcare Entrepreneur Academy podcast talks with Nicholas Dowgul, attorney and founder of North State Law. Nicholas talks about his journey and the lessons he learned while starting and growing his law firm. He also offers advice to healthcare practitioners who want to open their own practice, highlighting situations they should look out for.  EPISODE HIGHLIGHTS: Nicholas learned how to run his own business from his entrepreneurial family. His father is a general contractor and engineer and his mother is...

info_outline
#Bonus: Champions of Charity: Rachel Groves & Ray Forsythe: Empowering & Championing Stroke Survivors with Recovery  show art #Bonus: Champions of Charity: Rachel Groves & Ray Forsythe: Empowering & Championing Stroke Survivors with Recovery

Healthcare Entrepreneur Academy Podcast

OVERVIEW: Jason A. Duprat, Entrepreneur, Healthcare Practitioner, and Host of the Healthcare Entrepreneur Academy podcast speaks with Rachel Groves and Ray Forsythe, Co-Founders of the Young Empowered Stroke Survivors (YESS) Foundation. They walk us through their experiences as stroke survivors and the challenges they overcame during their recovery. They also share how their foundation assists young stroke survivors and how best to support the foundation.   EPISODE HIGHLIGHTS: Rachel is a nurse practitioner. She was 32 years old and married with two young children when she suffered...

info_outline
#222: Tactical Tuesday: Standing Orders: What’s Safe, Practical & Compliant? show art #222: Tactical Tuesday: Standing Orders: What’s Safe, Practical & Compliant?

Healthcare Entrepreneur Academy Podcast

OVERVIEW: Jason A. Duprat, Entrepreneur, Healthcare Practitioner, and Host of the Healthcare Entrepreneur Academy podcast talks about standing orders and how to leverage them to run your practice. The most important factors to consider are being safe, practical, and state-compliant per your clinic’s location.    EPISODE HIGHLIGHTS: Healthcare clinicians cannot autonomously evaluate patients and prescribe treatment plans. They need providers to write orders.  When considering whether something is allowed, ethical, or safe, put yourself in the patient’s shoes - what...

info_outline
#221: Andréa Jones: Align Social Media & Content to Expand Business Growth show art #221: Andréa Jones: Align Social Media & Content to Expand Business Growth

Healthcare Entrepreneur Academy Podcast

OVERVIEW: Jason A. Duprat, Entrepreneur, Healthcare Practitioner, and Host of the Healthcare Entrepreneur Academy podcast talks with Andréa Jones, creator of the Savvy Social School and Host of the Savvy Social Podcast. She shares tips for business owners on how to best utilize social media and content, including how much time to dedicate to both. She also dives into her strategies for building brand awareness and engagement.  EPISODE HIGHLIGHTS: Andréa learned about entrepreneurship from her parents.  She launched her first blog in 2004 and started a YouTube channel in 2007....

info_outline
#Bonus: Tactical Tuesday: Jumpstarting Entrepreneurial Paths & Elevating the Student Experience show art #Bonus: Tactical Tuesday: Jumpstarting Entrepreneurial Paths & Elevating the Student Experience

Healthcare Entrepreneur Academy Podcast

OVERVIEW: Jason A. Duprat, Entrepreneur, Healthcare Practitioner, and Host of the Healthcare Entrepreneur Academy podcast shares a behind-the-scenes look to announce several new HEA updates. Learn about Jason’s latest challenge, course upgrades, and how he’s building a #HealthcareBoss tribe on social media.  EPISODE HIGHLIGHTS: Jason and his team are launching a brand new 5-day challenge to help healthcare professionals learn the benefits of starting a cash-based practice.  During the challenge, he'll discuss niche services that can be offered, how to do a competitive analysis,...

info_outline
 
More Episodes

OVERVIEW:

Jason A. Duprat, Entrepreneur, Healthcare Practitioner and Host of the Healthcare Entrepreneur Academy podcast speaks with Chet Czaplicka, President and CEO of Comprehensive Care Services (CCS). Chet explains what perfusion is and how CSS is becoming the largest perfusion company in the world. He also discusses the importance of learning from mistakes, taking risks and how to manage negotiations and acquisitions.   

 

EPISODE HIGHLIGHTS:

  • A perfusionist provides services to heart surgery and lung transplant patients. They often operate extracorporeal circulation equipment like the heart-lung machine.
  • Chet discusses how he built his perfusion business by learning from mistakes. 
  • He also highlights his experiences taking on hospital systems and why it’s important to be a risk taker.
  • As an entrepreneur, you’re often expected to take on different roles and responsibilities. Being aware of your ‘hats’ helps you get to a better place in life. 
  • Acknowledging your strengths while admitting your weaknesses will allow you to improve yourself and your business. Always hire for your weaknesses. 
  • When it comes to mergers and acquisitions, make sure your expectations are covered in the contract. If something isn’t there, there’s a possibility you won’t get what you need from the deal.
  • Picking your business partners and employees is like dating - you have to understand what they’re doing and what their preferences are in order to get to know them.
  • Across his career, Chet has acquired 14 companies. His key to success? Do your due diligence well.
  • Chet believes in creating a personal relationship with your banker and learning what he/she is thinking. 
  • Chet expands on and defines EBITDA (earnings before interest, taxes, depreciation and amortization) and why it’s important during small businesses acquisitions. 
  • During negotiations, create win-win scenarios. Get to know who you’re negotiating with and what their needs are. 

 

3 KEY POINTS:

  1. The healthcare industry is an untamed jungle. A lot of professions, like perfusionists, aren’t well known but have the same, if not a greater, impact as any other healthcare provider.
  2. When creating a business, acquiring partners or making acquisitions, keep these two key factors in mind. Don’t be afraid to admit  your weaknesses and be sure to hire the right people.  
  3. Based on his own success, Chet offers the following advice for entrepreneurs: Become  knowledgeable about accounting, get connected with your banker and hire both an internal and external consultant for your company.  

TWEETABLE QUOTES:

"SAP is the gorilla in the room when it comes to accounting programs." - Chet Czaplicka

 

"I was the marketing arm, I was HR, I was accounting, and of course I was upper management. And any entrepreneur starting a business, typically, will have those multitudes of hats on." - Chet Czaplicka

 

"Being an entrepreneur is like being in a self-therapy session. You always have to admit - Oh yeah, I'm not good at that but I'm better at this, maybe that's where I should concentrate my offers." - Chet Czaplicka

 

RESOURCES MENTIONED:

Comprehensive Care Services Website - https://ccsperfusion.com/

 

#HealthcareEntrepreneurAcademy #healthcare #entrepreneur #entrepreneurship #learnfrommistakes #takerisks #negotiationstrategy #mergers #acquisitions