Ep306 - Why Smart Doctors Stay Poor (And How to Instantly Fix It)
BootstrapMD - Physician Entrepreneurs Podcast with Dr. Mike Woo-Ming
Release Date: 08/13/2025
EP334 : Grow Your Email List to 1,000 Subscribers - What Works Now
BootstrapMD - Physician Entrepreneurs Podcast with Dr. Mike Woo-Ming
Building a physician newsletter that scales without stealing your life? It's possible. In this episode of Bootstrap MD, host Dr. Michael Woo-Ming, builds on last week's newsletter startup advice, sharing proven strategies to reach 1,000 subscribers sustainably. He debunks ineffective tactics like daily social blasts or premature ads, emphasizing simplicity: pick 2-3 channels (LinkedIn, guest spots, content syndication) and show up consistently for 6-12 months. Dr. Woo-Ming outlines the "three-channel method" LinkedIn for credibility (2-3 posts/week with...
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EP333 : Start an Email Newsletter That People Will Actually Want to Read
BootstrapMD - Physician Entrepreneurs Podcast with Dr. Mike Woo-Ming
Tired of shouting into the social media void? What if your email list became your most powerful tool for building authority and staying connected? In this practical episode of Bootstrap MD, host Dr. Mike Woo-Ming draws from his experience running two newsletters to deliver a step-by-step guide on creating emails that people actually open and read. He breaks down common failure modes: writing like you're charting or only emailing when you want sales, and offers a repeatable structure for hooks, stories, and soft calls to action. Dr. Woo-Ming covers content buckets tailored for...
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EP332: Should You Start a Business Solo or Find a Partner?
BootstrapMD - Physician Entrepreneurs Podcast with Dr. Mike Woo-Ming
Should you launch your physician-led business alone or bring in partners? It’s a make-or-break choice that could lead to freedom, growth, or disaster. In this episode of Bootstrap MD, Dr. Mike Woo-Ming shares insights from his dual experiences in successful solo ventures and partnerships, both triumphant and turbulent. He breaks down the advantages of going solo, like complete autonomy, faster decisions, and keeping 100% of profits, versus the challenges, such as burnout and limited skills. On the partnership side, he highlights benefits like complementary expertise, shared risks, and faster...
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EP331: Side Hustles for Physicians - 20 Ideas You Can Start This Month
BootstrapMD - Physician Entrepreneurs Podcast with Dr. Mike Woo-Ming
Tired of relying solely on clinical shifts? Discover 20 practical side hustle ideas tailored for busy physicians, from telemedicine to real estate investing. Host Dr. Mike Woo-Ming shares actionable first steps, income potential, and tips to launch part-time without quitting your day job. He draws from his 20+ years as a physician entrepreneur to outline 20 viable side hustles you can start this month with minimal investment. Organized into four categories Clinical-adjacent (telemedicine, locum tenens, expert witness) Knowledge-based ( medical writing, online courses, podcasting,...
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EP330: 4 Ways Doctors Can Use AI to Create Extra Income
BootstrapMD - Physician Entrepreneurs Podcast with Dr. Mike Woo-Ming
What if AI could turn your medical expertise into passive income streams, without adding a single hour to your day? In this episode of Bootstrap MD, Dr. Mike Woo-Ming, breaks down how AI serves as an "insurance policy" for your medical career, helping you build assets, generate new revenue streams, and reclaim time. Drawing from real-world examples in his community, he outlines four actionable "lanes": Content and Authority: Turning voice memos into podcasts, social posts, and leads; Education and Digital Products: Packaging patient FAQs into 24/7 programs; ...
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EP329: Testing Your Offer Before You Build Anything - a 30 Day Plan
BootstrapMD - Physician Entrepreneurs Podcast with Dr. Mike Woo-Ming
What if you could validate your side business idea and earn your first $10,000 before building a website or content empire? In this practical solo episode, host Dr. Mike Woo-Ming draws from his entrepreneurial experience to guide physicians away from common pitfalls like overcomplicating launches with unnecessary infrastructure. He explains the "credentialing mindset" that holds doctors back and advocates for a minimum viable test: Define a specific audience and transformation, run a free webinar with a framework and offer, and promote it via your existing network. Real examples, including his...
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EP328: Why Most Physician Podcasts Stall - And What Actually Moves Them Forward
BootstrapMD - Physician Entrepreneurs Podcast with Dr. Mike Woo-Ming
This episode is sponsored by . Lightstone DIRECT invites you to partner with a $12B AUM real estate institution as you grow your portfolio. Access the same single-asset multifamily and industrial deals Lightstone pursues with its own capital – Lightstone co-invests a minimum of 20% in each deal alongside individual investors like you. You’re an institution. Time to invest like one. _____________ This Episode is also sponsored by Ryze Health Every minute counts in medicine—so why waste it on clunky admin work? With Ryze Health, practice management becomes effortless. Our...
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EP327: Predictions for 2026: A Playbook for Physician Entrepreneurs
BootstrapMD - Physician Entrepreneurs Podcast with Dr. Mike Woo-Ming
EP327: Predictions for 2026: A Playbook for Physician Entrepreneurs This episode is sponsored by . Lightstone DIRECT invites you to partner with a $12B AUM real estate institution as you grow your portfolio. Access the same single-asset multifamily and industrial deals Lightstone pursues with its own capital – Lightstone co-invests a minimum of 20% in each deal alongside individual investors like you. You’re an institution. Time to invest like one. _____________ This Episode is also sponsored by Ryze Health Every minute counts in medicine—so why waste it on clunky admin work? With...
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EP326: 2025 Retrospective - What Actually Worked (And Flopped) for Physician Entrepreneurs.
BootstrapMD - Physician Entrepreneurs Podcast with Dr. Mike Woo-Ming
EP326: 2025 Retrospective - What Actually Worked (And Flopped) for Physician Entrepreneurs. This episode is sponsored by . Lightstone DIRECT invites you to partner with a $12B AUM real estate institution as you grow your portfolio. Access the same single-asset multifamily and industrial deals Lightstone pursues with its own capital – Lightstone co-invests a minimum of 20% in each deal alongside individual investors like you. You’re an institution. Time to invest like one. _____________ This Episode is also sponsored by Ryze Health Every minute counts in medicine—so why waste it on...
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EP325: What If Wiping Out Was the Key to Rising Stronger in Medicine?
BootstrapMD - Physician Entrepreneurs Podcast with Dr. Mike Woo-Ming
This episode is sponsored by . Lightstone DIRECT invites you to partner with a $12B AUM real estate institution as you grow your portfolio. Access the same single-asset multifamily and industrial deals Lightstone pursues with its own capital – Lightstone co-invests a minimum of 20% in each deal alongside individual investors like you. You’re an institution. Time to invest like one. _____________ This Episode is also sponsored by Ryze Health Every minute counts in medicine—so why waste it on clunky admin work? With Ryze Health, practice management becomes effortless. Our all-in-one...
info_outlineThis episode is sponsored by: My Financial Coach
You trained to save lives—who’s helping you save your financial future? My Financial Coach connects physicians with CFP® Professionals who specialize in your complex needs. Whether it’s crushing student loans, optimizing investments, or planning for retirement, you’ll get a personalized strategy built around your goals. Save for a vacation home, fund your child’s education, or prepare for life’s surprises—with unbiased, advice-only planning through a flat monthly fee. No commissions. No conflicts. Just clarity.
Visit https://myfinancialcoach.com/bootstrapmd/ to meet your financial coach and find out if concierge planning is right for you.
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In this episode, host Dr. Mike Woo-Ming, explores the mental barriers preventing physicians from thriving as entrepreneurs. Dr. Woo-Ming shares his wake-up call from a grueling Christmas morning ER shift, highlighting the pitfalls of a risk-averse, perfectionist mindset ingrained by medical training. He outlines three transformative mindset shifts: moving from perfectionism to iteration, transitioning from clinician to CEO, and embracing collaboration over scarcity. Through stories of building cash-based clinics and a test-prep company, he emphasizes creating systems for value-based revenue, delegating tasks, and learning from competitors. Dr. Woo-Ming offers practical tools like the Goal Getting Six system and CEO time-blocking to help physicians build sustainable businesses while maintaining clinical excellence. This episode is vital for healthcare professionals seeking to overcome burnout, regain autonomy, and build wealth through entrepreneurship.
Three Actionable Takeaways:
- Embrace Iteration Over Perfection – Start your business imperfectly and refine it with real patient feedback. Done beats perfect; focus on solving problems rather than flawless execution to build momentum and grow sustainably.
- Transition to a CEO Mindset – Delegate routine tasks to staff and create systems to work on your business, not in it. Invest in training mid-level providers to free up time, ensuring your practice runs without you as the bottleneck.
- Adopt a Collaborative Approach – Shift from a scarcity mindset to one of abundance by learning from competitors’ successes and failures. Research market demands and differentiate your services to create value and build lasting relationships.
About the Show:
Bootstrap MD is the ultimate podcast for physician entrepreneurs looking to escape traditional healthcare and control their financial futures. Hosted by Dr. Mike Woo-Ming, a successful physician, entrepreneur, and investor, the show delivers actionable insights on starting businesses, creating passive income, and navigating healthcare entrepreneurship. Featuring interviews with industry leaders, physicians, and experts in telemedicine and digital health, it’s your guide to building a profitable, fulfilling career. Tune in weekly at http://bootstrapmd.com
About the Host:
Dr. Mike Woo-Ming has over 20 years of experience as a physician entrepreneur. He’s built and sold multiple seven-figure companies and now leads Executive Medical, a group of clinics specializing in age management and aesthetics. Through BootstrapMD, he mentors physicians in business, content creation, and autonomy.
Let’s Connect: www.https://www.bootstrapmd.com