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#144: Tactical Tuesday: Focus on your Customers vs the Competition

Healthcare Entrepreneur Academy Podcast

Release Date: 12/08/2020

#254: The Future of Ketamine-Assisted Therapy and What It Means for Clinic Owners and Their Patients with Christi Myers show art #254: The Future of Ketamine-Assisted Therapy and What It Means for Clinic Owners and Their Patients with Christi Myers

Healthcare Entrepreneur Academy Podcast

Ketamine-assisted therapy is an emerging field that’s gaining traction. Today, the medical community is increasingly accepting Ketamine-assisted therapy as a treatment option for those struggling with mental illness and substance abuse. What does this mean for clinic owners, and their patients? In this episode, Jason A. Duprat sits down with Christi Myers, Professor of Emergency Medicine, Assistant Director of Emergency Medical Services for a community college, as well as the Founder, CEO, and Director of Flow Integrative. Flow is a two-pronged approach to psychedelic wellness practiced in...

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#253: Why It's Important To Document Every Huge Move You Make In Business And Turn Them Into Lessons show art #253: Why It's Important To Document Every Huge Move You Make In Business And Turn Them Into Lessons

Healthcare Entrepreneur Academy Podcast

Being an entrepreneur is all about adapting. There are no rules, and the right decision for you might not be right for someone else. Every business is different. You need to adapt each lesson to your own situation. In this episode, Jason A. Duprat, Entrepreneur, Healthcare Practitioner, and Host of the Healthcare Entrepreneur Academy podcast, talks about how best practices for others might not necessarily work the same for you. Here, you'll hear his personal story on how blindly following by-the-book strategies can backfire greatly. As entrepreneurs, knowledge can only progress when paired...

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#252: How to Leverage Your Business to Serve Others show art #252: How to Leverage Your Business to Serve Others

Healthcare Entrepreneur Academy Podcast

What is your true purpose in life? In this episode, Jason Duprat talks about leveraging your business to serve others. It’s human nature to focus too much on our daily grind and on ourselves, but how often do we pause to reflect on our purpose; on giving back to the world? Jason shares personal stories on how being a healthcare entrepreneur gave him the means to do just that, especially in helping his family during difficult times.     EPISODE HIGHLIGHTS In continually growing your income, you'll eventually realize that money doesn't buy you true happiness. Money is not the root...

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#251: Adding Value to Sell, Market, & Distribute Innovative Healthcare Solutions with Bruce Lieberthal show art #251: Adding Value to Sell, Market, & Distribute Innovative Healthcare Solutions with Bruce Lieberthal

Healthcare Entrepreneur Academy Podcast

Jason A. Duprat, Entrepreneur, Healthcare Practitioner, and Host of the Healthcare Entrepreneur Academy podcast, discuss cutting-edge medical solutions and technologies with Bruce Lieberthal, a former practicing dentist who is now a chief innovations officer at Henry Schein, Inc. Bruce explains how he evaluates innovative solutions, advise medical and dental business units on emerging trends, and connect the company’s sales, marketing, and distribution capabilities with new products for better practices and deliver excellent patient care.   EPISODE HIGHLIGHTS Bruce was a practicing...

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#250: Tactical Tuesday: How Your Pain Becomes Your Progress show art #250: Tactical Tuesday: How Your Pain Becomes Your Progress

Healthcare Entrepreneur Academy Podcast

OVERVIEW: Jason A. Duprat, Entrepreneur, Healthcare Practitioner, and Host of the Healthcare Entrepreneur Academy podcast, discusses how pain is part of the process on the road toward progress. In new businesses, there will always be mistakes along the way, and these are either going to cost time or money. However, Jason points out that these challenges must be faced despite how frustrating they are because they will make you stronger as a business owner. EPISODE HIGHLIGHTS Pain is always present in business, taking the form of mistakes and challenges. People are innately wired to avoid...

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#249: Tactical Tuesday: Why Not Using A CRM Is Slowing Your Business's Growth show art #249: Tactical Tuesday: Why Not Using A CRM Is Slowing Your Business's Growth

Healthcare Entrepreneur Academy Podcast

OVERVIEW: Jason A. Duprat, Entrepreneur, Healthcare Practitioner, and Host of the Healthcare Entrepreneur Academy podcast, talks about one of the common problems why business owners are doing less than they should be by not implementing a customer relationship management software. A systematized process to follow up on leads is an essential tool every business owner needs because every lead is a prospective customer. Jason explores how a CRM is beneficial in the long run, so business owners do not leave a substantial amount of revenue on the table by not properly following up with leads. ...

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#248: Eric Miller: Build Business Profits, Enterprise Value & Assets as a Practice Owner show art #248: Eric Miller: Build Business Profits, Enterprise Value & Assets as a Practice Owner

Healthcare Entrepreneur Academy Podcast

OVERVIEW: Jason A. Duprat, Entrepreneur, Healthcare Practitioner, and Host of the Healthcare Entrepreneur Academy podcast, discusses businesses of private practice owners with Eric Miller, co-founder and chief financial advisor at Econologics Financial Advisors, a full-service investment advisor firm and insurance agency. Eric explains how private practice owners get abundant income streams through profitable, sustainable, and transferable businesses.    EPISODE HIGHLIGHTS Eric grew up in a blue-collar family in Ohio. Having transferred to Clearwater, Florida, he started his...

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#247: Tactical Tuesday: The One Thing  That Can Prevent You From Getting Screwed When Someone Quits show art #247: Tactical Tuesday: The One Thing That Can Prevent You From Getting Screwed When Someone Quits

Healthcare Entrepreneur Academy Podcast

OVERVIEW: Jason A. Duprat, Entrepreneur, Healthcare Practitioner, and Host of the Healthcare Entrepreneur Academy podcast, talks about the importance of standard operating procedures and documentation within a business. Recently, one of the long-time contractors from his marketing department left the company in a very unprofessional way by resigning on the spot. Jason provides insight into what preparations can be done to prevent your business from struggling if situations similar to this happen to you.  EPISODE HIGHLIGHTS One contractor quits from Jason’s marketing team, exposing...

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#Bonus: Champions of Charity: Kimberly Juroviesky: Ensuring Safe Ketamine Access for Pain & Mental Health Patients show art #Bonus: Champions of Charity: Kimberly Juroviesky: Ensuring Safe Ketamine Access for Pain & Mental Health Patients

Healthcare Entrepreneur Academy Podcast

OVERVIEW: Jason A. Duprat, Entrepreneur, Healthcare Practitioner, and Host of the Healthcare Entrepreneur Academy podcast, is joined by Kimberly Juroviesky, a retired nurse practitioner, USAF veteran, and president of Ketamine Taskforce, Inc. Kimberly developed Complex Regional Pain Syndrome due to an injury while on active duty, which led her to get ketamine infusions as part of a research study. She shares how ketamine therapy helps reduce her pain to what she describes as “liveable levels” and shares insight into her advocacy efforts to provide more patients access to ketamine therapy....

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#246: Tactical Tuesday: Stop Accepting Average If You Want Above Average Results show art #246: Tactical Tuesday: Stop Accepting Average If You Want Above Average Results

Healthcare Entrepreneur Academy Podcast

OVERVIEW: Jason A. Duprat, Entrepreneur, Healthcare Practitioner, and Host of the Healthcare Entrepreneur Academy podcast, talks about the need to stop giving average effort when expectations call for above-average results. Effort is a two-way street: what you give is what you get. Jason has encountered several people whose expectations are far beyond what they do, which only falls into disappointment. He explains why a change in mindset and a performance upgrade can help you reach that above-average result. EPISODE HIGHLIGHTS Do everything to the best of your ability. Average businesses go...

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More Episodes

OVERVIEW:

Jason A. Duprat, Entrepreneur, Healthcare Practitioner and Host of the Healthcare Entrepreneur Academy podcast discusses the dangers of obsessing over your competition instead of focusing on your own customers and your business.

EPISODE HIGHLIGHTS:

  • Do a market analysis and gather market intel about your competitors in order to refine your business idea. 
  • Don’t obsess over your competition and copy their every move. This can result in stress, anxiety and your business’ demise.
  • Avoid having a copycat mindset and groupthink. 
  • Jason shares an example of how Blockbuster and Hollywood Video entered the movie rental  market but then focused on each other vs their customers, ultimately causing their demise.  
  • He also highlights how Redbox entered the arena by offering movie DVDs via a kiosk. And how Netflix entered the market by mailing DVDs to their customers before eventually switching over to streaming services. 
  • In both cases, Redbox and Netflix found success because they analyzed how they could better serve their customers and remove pain points. 
  • It takes innovation to excel in business. 
  • Always put your customer first.
  • Jason provides updates on his Course Creator Academy, including one student who earned $12,000 for her beta webinar.

 

3 KEY POINTS:

  1. A lot of entrepreneurs tend to overanalyze their competition. Gathering intel to keep up with their pace is fine, but trying to constantly one-up them doesn’t help your business. 
  2. Instead of focusing on your competitors, analyze your market and think of how you can innovate your business. 
  3. Always keep your customers and your business’ survivability in mind.

 

TWEETABLE QUOTES:

“It takes innovation to really excel in your business.” - Jason Duprat

 

“Think about and focus on how you can better serve the customer.” - Jason Duprat

 

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