BootstrapMD - Physician Entrepreneurs Podcast with Dr. Mike Woo-Ming
BootstrapMD -A podcast for doctors and physician entrepreneurs who want to learn to increase their financial worth and bring balance to your work life. We discuss building side businesses, investment opportunities, and how to live life on your own terms. Forge your own path, by leveraging your current knowledge to educate others.
info_outline
EP326: 2025 Retrospective - What Actually Worked (And Flopped) for Physician Entrepreneurs.
12/31/2025
EP326: 2025 Retrospective - What Actually Worked (And Flopped) for Physician Entrepreneurs.
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 clunky admin work? With Ryze Health, practice management becomes effortless. Our all-in-one platform streamlines scheduling, patient communications, and insurance verification, giving you fewer no-shows, faster check-ins, and happier patients. Free yourself from paperwork and phone tag so you can focus on what truly matters: providing care. Visit today and see how simple running your practice can be. ______________ Join us for Doctor PodFest in Florida! Go here to secure your ticket: ______________ Dr. Mike Woo-Ming pauses the usual Bootstrap MD format for a candid two-part series. In Part 1, he delivers a no-hype 2025 retrospective: the biggest wins (cash/hybrid models, content as infrastructure, smarter investing), the brutal flops (commodity telehealth, passive income myths, unused AI tools), and the quiet trends most doctors missed entirely. 2025 stripped away the illusions for physician entrepreneurs. While some chased shiny objects and got burned, others built real leverage, freedom, and wealth. In this raw year-in-review, Dr. Mike Woo-Ming shares exactly what crushed it, what crashed hard, and the under-the-radar shifts that separated the thriving doctors from the overwhelmed ones. No fluff, just the real lessons from coaching hundreds of physicians through the year’s chaos. Top 3 Actionable Takeaways Own the patient relationship with niche cash/hybrid models: Stop competing on price in commoditized markets. Build a practice where you choose patients, control scheduling, and have pricing power, whether full cash, membership, or strategic hybrid. Micro-niches like executive perimenopause, endurance athletes, beat generic telehealth every time in 2025. Treat content as infrastructure, not marketing: One consistent long-form platform (podcast, YouTube, newsletter) compounds trust and authority faster than rented social algorithms. Patients who consume 10+ episodes arrive pre-sold, not price-shopping. Start owning your distribution now, consistency beats perfection. Go deep on fewer bets instead of wide and scattered: Spreading across 10 mediocre ventures creates overwhelm with no leverage. The 2025 winners picked 1–2 interconnected things (niche practice, community, content and membership) and mastered them. Depth creates moats; breadth creates burnout. 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 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: Want to start a podcast? Check out the Doctor Podcast Network!
/episode/index/show/bootstrapmd/id/39571095
info_outline
EP325: What If Wiping Out Was the Key to Rising Stronger in Medicine?
12/24/2025
EP325: What If Wiping Out Was the Key to Rising Stronger in Medicine?
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 platform streamlines scheduling, patient communications, and insurance verification, giving you fewer no-shows, faster check-ins, and happier patients. Free yourself from paperwork and phone tag so you can focus on what truly matters: providing care. Visit today and see how simple running your practice can be. ______________ What if a life-altering accident on the beach redirected your entire career, and a mental health crisis became the catalyst for resilient leadership? In this inspiring episode of Bootstrap MD, Dr. Mike Woo-Ming welcomes Dr. Scott Ellner, as he shares his journey from witnessing a roadside trauma that sparked his path to medicine, to practicing in New England, facing burnout and suicidal thoughts, and pivoting to executive roles like leading Integris Health Medical Group. Drawing from surfing metaphors, he discusses mental health stigma, the addiction to identity, finding purpose beyond the OR, and practical tips for physicians navigating pivots, startups, and leadership in chaotic healthcare. Perfect for doctors feeling stuck or seeking nonclinical transitions, this conversation offers hope, transparency, and actionable insights on grit, resilience, and reaching out. Three Actionable Takeaways: Embrace Mental Health Openly: Physicians face immense stressors—discuss it like physical health. If you're in crisis (e.g., burnout, cynicism), reflect on purpose: "What intimidates me motivates me." Reach out to a trusted person; a simple "Are you okay?" can save lives, as it did for Scott during a dark night on call. Redefine Purpose Beyond Identity: Don't tie your worth to "surgeon" or "physician"—identity addiction fuels burnout. Pivot by exploring passions (e.g., leadership, startups); spend time journaling or in "executive residencies" to learn business acumen, funding pitches, and health system buy-in for new ventures. Use Surfing as a Leadership Metaphor: Adversity builds grit. Paddle through discomfort like cold water or wetsuits. In healthcare chaos (post-COVID), lead by contributing meaningfully; for pivots, seek VC insights on exit strategies and physician influence (e.g., CMO buy-in) to make ideas stick. 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 About the Guest: Dr. Scott Ellner is a former general and trauma surgeon, now President of Integris Health Medical Group in Oklahoma City. A leadership strategist and TEDx speaker, he transitioned from clinical practice after a mental health crisis, drawing from surgery, surfing, and executive roles to help physicians combat burnout and lead sustainably. He's the author of Wipe Out, Rise Up: A Practical and Deeply Human Guide to Leadership, Grit, and Redefining Success in Medicine. 🔗 Connect with Dr. Scott Ellner: 🌐 Website: 📘 Book: 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: Want to start a podcast? Check out the Doctor Podcast Network!
/episode/index/show/bootstrapmd/id/39523005
info_outline
EP324 : Why Physicians Are Co-Investing in $55M Deals with a $12B Real Estate Giant
12/17/2025
EP324 : Why Physicians Are Co-Investing in $55M Deals with a $12B Real Estate Giant
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 platform streamlines scheduling, patient communications, and insurance verification, giving you fewer no-shows, faster check-ins, and happier patients. Free yourself from paperwork and phone tag so you can focus on what truly matters: providing care. Visit today and see how simple running your practice can be. ______________ What if physicians could co-invest in $55M industrial parks alongside a $12B family office without $100K consultants or high-risk leverage? In this insightful episode, Dr. Mike Woo-Ming interviews Jonathan Spitz from Lightstone Direct, the new direct-to-investor arm of 40-year-old powerhouse Lightstone Group. Jonathan shares the firm’s vertically integrated model (25K apartments, 12M sq ft industrial, 5K hotel keys), why they commit 20% of their own capital first (5-10x industry norms), and how physicians can diversify beyond stocks or DIY rentals. He breaks down direct vs. passive CRE, asset class pitfalls (office flops vs. industrial wins), and red flags like inexperienced managers or 85% debt. With examples like their Greenville industrial deal, Jonathan proves alignment and conviction drive better outcomes empowering busy doctors to build legacy wealth safely. If you’re a high-income physician eyeing real estate for tax efficiency and passive income, this is your guide to investing like institutions without the headaches. Three Actionable Takeaways: Decide direct vs. passive: If time-strapped, skip hands-on rentals for platforms like Lightstone Direct, vet managers on track record, cycles navigated, and skin in game (aim for 20%+). Passive reduces risks like tenant concentration; focus on assets like industrial for steady returns over volatile office or retail. Qualify and evaluate: As accredited (200K/300K income or 1M net worth), request decks/PPMs/operating agreements. Ask: Debt levels? Exit strategies? Risk mitigation? Compare projected IRRs realistically—avoid 20%+ promises tied to high leverage. Prioritize alignment where sponsors invest heavily first for shared incentives. Start the process: Visit lightstonedirect.com or email jspitz@lightstonedirect.com for discovery calls. Define goals (income vs. growth, liquidity horizon). Use a special link lightstone.com/dpn for Bootstrap MD listeners. Early incentives like 6% on parked funds make starting seamless, build long-term partnerships for 3-5 year holds. 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 About the Guest: Jonathan Spitz is the Head of Capital Formation at Lightstone Direct, where he connects individual investors, especially physicians, to institutional-quality real estate opportunities. With over a decade of experience spanning brokerage, lending, and private equity, Jonathan has navigated multiple market cycles and capital-raising environments. He focuses on transparency, education, and aligned incentives, helping professionals understand how private real estate can diversify portfolios, reduce taxes, and build long-term wealth. Website: Email: 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: Want to start a podcast? Check out the Doctor Podcast Network!
/episode/index/show/bootstrapmd/id/39431545
info_outline
EP323 : Never Split the Difference: The FBI Negotiator’s Playbook Every Physician Needs
12/10/2025
EP323 : Never Split the Difference: The FBI Negotiator’s Playbook Every Physician Needs
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 platform streamlines scheduling, patient communications, and insurance verification, giving you fewer no-shows, faster check-ins, and happier patients. Free yourself from paperwork and phone tag so you can focus on what truly matters: providing care. Visit today and see how simple running your practice can be. ______________ Host Dr. Mike Woo-Ming breaks down why Chris Voss’s Never Split the Difference is the single most important book most physicians will never read in school yet use dozens of times every single shift. From salary negotiations and admin battles to convincing patients to get the CT, these FBI-level tactics will immediately make you more money, save you time, and reduce daily frustration. Doctors are brilliant clinicians but notoriously terrible negotiators. We say “yes” to terrible contracts, extra shifts without extra pay, and patients who refuse life-saving care all because no one ever taught us how to negotiate like our life or livelihood depends on it. In this rapid-fire Book Club episode, Dr. Mike Woo-Ming distills the core lessons from Chris Voss’s bestseller Never Split the Difference and shows exactly how to apply them in real medical life: getting the raise you deserve, pushing back on unpaid admin duties, reading the room with anxious patients, and never again leaving money or sanity on the table. If you only read one negotiation book in your career, make it this one. Three Actionable Takeaways: Never make the first offer: Force the other side to name their number first (salary, rate, raise). Respond with “What do you think would be fair?” or “I’m open to any offer you feel is appropriate.” Their silence works for you they’ll often low-ball themselves or surprise you with more than you expected. Use tactical empathy and labeling: Start every tough conversation with “It sounds like…” or “It seems like you’re frustrated that…” You’re not agreeing, just naming the emotion. This instantly calms patients, admins, or partners, builds trust, and makes them far more open to your actual request or plan. Turn “No” into your ally: When they say “No” to your raise, extra pay, or patient’s refusal of care, respond with “What would need to happen for us to revisit this?” or “How could we make this work?” A “No” protects them; calibrated questions turn it into the real negotiation. 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 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: Want to start a podcast? Check out the Doctor Podcast Network!
/episode/index/show/bootstrapmd/id/39348250
info_outline
EP322: Who Am I Without the White Coat? Leaving Clinical Medicine Without Losing Yourself
12/03/2025
EP322: Who Am I Without the White Coat? Leaving Clinical Medicine Without Losing Yourself
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 platform streamlines scheduling, patient communications, and insurance verification, giving you fewer no-shows, faster check-ins, and happier patients. Free yourself from paperwork and phone tag so you can focus on what truly matters: providing care. Visit today and see how simple running your practice can be. ______________ That quiet voice asking, “What if I walked away from patient care forever?” isn’t weakness, it’s clarity. In this powerful episode of Bootstrap MD, Dr. Mike Woo-Ming tackles the question almost every burned-out physician has asked in silence: “What if I leave patient care… for good?” With physician burnout at an all-time high and more doctors quietly exploring nonclinical exits than ever before, Mike delivers the real-talk conversation you won’t hear in the doctors’ lounge. He walks through the emotional rollercoaster; grief, fear, guilt, and the full-blown identity crisis, then flips the script: your MD isn’t a life sentence to the exam room. It’s a superpower you can take anywhere. From pharma and biotech roles to CMO tracks, education and content empires, and full-blown entrepreneurship, Mike maps the proven nonclinical paths and shares exactly how to test the waters without blowing up your life or your license. If you’re burned out, questioning your identity, or wondering what’s on the other side of clinical medicine, this episode is your permission slip to explore what’s next—without guilt, without shame, and with a real plan. Three Actionable Takeaways: Journal the truth today: Answer these three questions honestly (1) If I weren’t a doctor, what would my ideal workday look like? (2) What parts of medicine do I genuinely love vs. dread? (3) What am I most afraid people will think if I step away? Clarity starts on paper. Talk to people ahead of you: Talk to 2 or 3 physicians who have already left patient care and are genuinely thriving, not just complaining;. Ask about their emotional journey, money realities, and the one thing they wish they knew sooner. Come meet dozens of them at DrPodFest.com this January. Calculate your exact financial runway this weekend; how many months of expenses do you have saved? Knowing your real number turns “What if I fail?” into “I have X months to experiment.” Then start one tiny nonclinical side project (chart review, an article, a paid consult) to gather evidence there’s life beyond the bedside. 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 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: Want to start a podcast? Check out the Doctor Podcast Network!
/episode/index/show/bootstrapmd/id/39251035
info_outline
EP321: How to Set Your 2026 Goals Now (Yes Now!) - A 6 Week Jumpstart for Physician Entrepreneurs
11/26/2025
EP321: How to Set Your 2026 Goals Now (Yes Now!) - A 6 Week Jumpstart 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 Ryze Health, practice management becomes effortless. Our all-in-one platform streamlines scheduling, patient communications, and insurance verification, giving you fewer no-shows, faster check-ins, and happier patients. Free yourself from paperwork and phone tag so you can focus on what truly matters: providing care. Visit today and see how simple running your practice can be. ______________ It’s November 2025; why wait for January resolutions that fizzle? Recorded just before Thanksgiving 2025, Dr. Mike Woo-Ming urges physicians to ditch January goal-setting chaos and start now for a powerhouse 2026. Drawing from his experience building multiple seven-figure businesses, he explains why early planning reduces pressure, leverages seasonal lulls, and builds unstoppable momentum. Review 2025 like a patient chart: symptoms (what drained you?), labs (numbers and ROI), diagnosis (patterns to fix), prognosis (where you’re headed if nothing changes). Define 2-3 vital outcomes: specific, measurable, emotionally charged. Use the next six weeks for a jumpstart: fix bottlenecks, map content, or validate offers. Subtract energy-drainers like low-margin services or endless courses. Build a support system: accountability partners, mentors, or masterminds. End with a “simple wins” plan—3-5 consistent actions for January. Whether scaling a business or starting one, this episode delivers actionable steps to treat your career like “You Inc.” Plus, get the scoop on Dr. Pod Fest 2026—a capped, high-value event for physician creators. Stop reacting; start dominating your year early. 🔗 Dr. Pod Fest 2026: Three Actionable Takeaways: Conduct a 2025 Year-End Self-Review: Treat it like a patient chart—note symptoms (drains/energy leaks), labs (revenue, ROI, time blocks), diagnosis (patterns to retire/scale), and prognosis (2026 trajectory if unchanged). This clarity helps business owners refine offers and aspiring entrepreneurs pinpoint niches for a strong start. Launch a 6-Week Pre-2026 Jumpstart: Fix one bottleneck, map 90 days of content, update an offer, or build a lead magnet. For new entrepreneurs: pick a niche, create a landing page, choose one content channel, and have 5 real conversations. Lay the runway now for January takeoff. Subtract Drainers & Build Support: Ditch low-profit services, unused marketing channels, perfectionism, or course-hoarding. Create space for wins by subtracting what doesn’t serve. Then scaffold success: find an accountability partner, hire a mentor, join a mastermind, set up minimal tech (AI, email, scheduler), and track one weekly metric like leads or revenue. 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 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: Want to start a podcast? Check out the
/episode/index/show/bootstrapmd/id/39173605
info_outline
EP320: Ten Reasons Why Every Physician Needs a Mentor
11/19/2025
EP320: Ten Reasons Why Every Physician Needs a Mentor
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 platform streamlines scheduling, patient communications, and insurance verification, giving you fewer no-shows, faster check-ins, and happier patients. Free yourself from paperwork and phone tag so you can focus on what truly matters: providing care. Visit today and see how simple running your practice can be. ______________ In this episode of BootstrapMD, Dr. Mike Woo-Ming opens up about the breaking point that forced him to ask for help. Bad location, useless equipment, $5,000 Valpak disasters, and exactly one patient looking for free advice until one desperate phone call to a mentor turned everything around. From avoiding the crushing “stupid tax” and compressing years into months, to getting ruthless accountability, emotional support through the lows, real-world playbooks no CME ever teaches, instant network expansion, burnout prevention, borrowed confidence, and staying ethical while scaling — Mike proves mentorship isn’t optional for physician entrepreneurs. It’s the difference between surviving and thriving. If you’ve ever thought “I’m a doctor I should be able to figure this out alone,” this episode is your wake-up call. Three Actionable Takeaways: Stop paying the “stupid tax” on your own: Find a mentor who has already lost the money and time on the exact mistakes you’re about to make — wrong EMRs, useless marketing agencies, bad locations and shortcut years of expensive trial-and-error in a single conversation. Make a list today of three physicians who are 2–5 years ahead of where you want to be: Reach out and book a paid 60-minute consultation, never ask for free advice. Respect their time, get laser-focused answers, and start implementing immediately. Audit your business honestly: if you got hit by a bus tomorrow, would it survive without you? Build systems, hire replaceable team members, cut clinical hours, and create a practice that serves your life instead of chaining you to it — that’s the real freedom entrepreneurship promises. 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 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: Want to start a podcast? Check out the
/episode/index/show/bootstrapmd/id/39085445
info_outline
EP319: Inside the Room - What Really Happens in Millionaire Masterminds
11/12/2025
EP319: Inside the Room - What Really Happens in Millionaire Masterminds
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 platform streamlines scheduling, patient communications, and insurance verification, giving you fewer no-shows, faster check-ins, and happier patients. Free yourself from paperwork and phone tag so you can focus on what truly matters: providing care. Visit today and see how simple running your practice can be. ______________ In this revealing episode, Dr. Mike Woo-Ming, dives into his experiences inside millionaire masterminds—exclusive groups of founders who share strategies, wins, and wisdom. From investing thousands of dollars to join these rooms to building lifelong connections, Mike explains why masterminds are one of the best professional investments he’s ever made. He walks listeners through the traits that set successful entrepreneurs apart: they execute fast, think big, rebound from setbacks, manage their finances with precision, and network intentionally. Through personal stories and real-world examples, Mike shows how these same principles can help healthcare entrepreneurs expand their vision, accelerate growth, and avoid costly mistakes. If you’ve ever wondered whether joining a mastermind is worth it, this episode offers clear, actionable insight into how to make it work for you. Three Actionable Takeaways: Speed Wins — Execute Fast and Refine Later: In the world of high-performing entrepreneurs, perfectionism is the enemy of progress. The most successful mastermind members Dr. Mike met don’t wait for every variable to align — they take action, test quickly, and adjust based on results. Think Bigger — Start with a Niche, Then Scale Beyond It : The entrepreneurs dominating their industries didn’t stay confined to narrow niches — they used them as launching pads. Many began by focusing on a small, well-defined audience (like women physicians or local clients), but once they gained traction, they expanded strategically into broader, more lucrative markets. Know Your Numbers — Financial Awareness Builds Freedom: Entrepreneurship without financial literacy is like driving blindfolded. The most successful business owners Dr. Mike has encountered track their profit and loss daily, scrutinize expenses, and question every dollar spent. They don’t delegate financial awareness — they own it. 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 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: Want to start a podcast? Check out the Doctor Podcast Network!
/episode/index/show/bootstrapmd/id/38999560
info_outline
EP318: Seven Steps to Building a Patient Funnel That Converts (Without Ads)
11/05/2025
EP318: Seven Steps to Building a Patient Funnel That Converts (Without Ads)
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 platform streamlines scheduling, patient communications, and insurance verification, giving you fewer no-shows, faster check-ins, and happier patients. Free yourself from paperwork and phone tag so you can focus on what truly matters: providing care. Visit today and see how simple running your practice can be. ______________ How do you attract more patients—without spending a fortune on ads or hiring a marketing agency? In this episode of BootstrapMD, Dr. Mike Woo-Ming demystifies the concept of marketing funnels and reveals how any doctor can build a simple, trust-based system to bring in patients organically. Whether you’re running a cash-based practice, launching a telemedicine brand, or just starting out, Dr. Woo-Ming shares a step-by-step process that turns awareness into engagement—and engagement into conversion. He begins by redefining the “funnel” not as a piece of software, but as a relationship journey—a path that guides potential patients from discovery to booking. Using his signature mix of practical teaching and relatable analogies, Dr. Woo-Ming explains how building an organic funnel is simply about building trust before the sale. He listed seven-step framework for creating an organic funnel: Understand the Funnel Journey, Start with One Irresistible Offer, Create a Value Magnet (Not Just a Lead Magnet), Build the Trust Loop, Add a Clear Conversion Path, Promote Organically, Measure and Refine Through these seven steps, physicians learn how to stop chasing patients and start creating systems that attract and nurture them naturally. Dr. Woo-Ming emphasizes that effective funnels don’t rely on complicated tech—they rely on empathy, clarity, and consistent follow-up. He wraps up by reminding listeners that they don’t need a big budget, marketing degree, or social media fame to grow. What they truly need is a repeatable system that builds trust and invites action—one small step at a time. Whether you’re a physician tired of depending on word-of-mouth referrals or a healthcare entrepreneur ready to scale your practice, this episode gives you the tools, mindset, and motivation to start attracting more patients organically today. Three Actionable Takeaways: Simplify Your Offer: Focus on One Clear Transformation:One of the biggest mistakes physicians make in marketing is trying to promote every service at once—weight loss, hormone therapy, aesthetics, telemedicine, and more. But as Dr. Woo-Ming explains, “a confused mind never buys.” When your messaging is scattered, your patients don’t know what to focus on—and they leave before taking action. Build Relationships Before Revenue: Trust Comes Before Transactions: Funnels aren’t just about automation—they’re about authentic connection. Patients today are looking for more than quick fixes; they want to know who you are, what you believe in, and whether they can trust you with their health. Track and Tweak Consistently: Measure What Matters: In marketing—and in medicine—what gets measured gets improved. Many physicians struggle with patient acquisition because they’re guessing at what’s working. 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 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: Want to start a podcast? Check out the Doctor Podcast Network!
/episode/index/show/bootstrapmd/id/38914425
info_outline
EP317: Five Emerging Business Models for Physician Entrepreneurs
10/29/2025
EP317: Five Emerging Business Models 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 Ryze Health, practice management becomes effortless. Our all-in-one platform streamlines scheduling, patient communications, and insurance verification, giving you fewer no-shows, faster check-ins, and happier patients. Free yourself from paperwork and phone tag so you can focus on what truly matters: providing care. Visit today and see how simple running your practice can be. _______________ What does the next generation of physician entrepreneurship look like? In this episode, host Dr. Mike Woo-Ming, physician entrepreneur and founder of multiple medical ventures, explores five high-potential business models for doctors looking to innovate in medicine and build scalable, meaningful businesses. Drawing from conversations with physicians, conferences, and his own entrepreneurial experience, Dr. Woo-Ming introduces a practical roadmap—starting with accessible models that require minimal capital and progressing toward ambitious, tech-driven opportunities. These five emerging business models reshapes physician entrepreneurship They include; - Micro-Niche Cash Practice – Telemedicine Specialty Brand – Knowledge Commerce Practice – Licensing & Partnership Model – AI Healthcare Company Through these progressive five-step journey, physicians gain a clear understanding of which model fits their current stage of career and risk tolerance—and how to start moving toward entrepreneurial independence today. Three Actionable Takeaways: Start Small, Think Big: Begin with a micro-niche cash practice or telemedicine brand before scaling to advanced ventures. Focus beats scale—define your patient, your problem, and your promise. Build Leverage, Not Labor: Shift from trading time for money to building scalable systems—digital products, licensed methods, and automated practices that create recurring revenue. Choose Courage Over Comfort: Entrepreneurship demands boldness. Whether launching a course or founding an AI startup, your medical expertise is your foundation—pair it with persistence and innovation. 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 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: Want to start a podcast? Check out the
/episode/index/show/bootstrapmd/id/38816030
info_outline
EP316: Protecting Your Medical Career: The Legal Blindspots Physicians can’t Afford to Miss
10/22/2025
EP316: Protecting Your Medical Career: The Legal Blindspots Physicians can’t Afford to Miss
This episode is sponsored by . Lightstone Direct LLC connects you to institutional-quality real estate investments backed by a $12-billion AUM firm that co-invests alongside you—your partner in building lasting wealth. All investments involve risk. Please visit for a full list of disclosures. _________ 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 platform streamlines scheduling, patient communications, and insurance verification, giving you fewer no-shows, faster check-ins, and happier patients. Free yourself from paperwork and phone tag so you can focus on what truly matters: providing care. Visit today and see how simple running your practice can be. _______________ What if a single oversight could jeopardize your medical practice? In this vital episode of Bootstrap MD, Dr. Mike Woo-Ming dives into the rarely discussed topic of protection for physician entrepreneurs. Drawing from personal experiences, like NPI misuse and a costly ADA lawsuit, he covers safeguarding credentials, supervising mid-level providers, ensuring digital compliance, and structuring legal defenses. From quarterly NPI audits to HIPAA-compliant tools and crisis plans, Dr. Woo-Ming shares practical strategies to prevent regulatory traps and litigation—urging physicians to act before issues arise. A must-listen for practice owners seeking to protect their name and legacy. Three Actionable Takeaways: Guard Your NPI Like Your House Keys: Dr. Woo-Ming learned the hard way about NPI misuse leading to fraud allegations. Audit your NPI quarterly via the NPPES registry, check CMS PECOS for unauthorized enrollments, and set Google Alerts for your name + NPI to catch misuse early. Supervise Mid-Levels Actively: Supervising NPs/PAs means legal accountability—Dr. Woo-Ming stresses customized agreements, documented chart reviews, and malpractice coverage for supervisory roles. Start by maintaining logs of reviews and communications to prove oversight, avoiding liability gaps. Prioritize Digital Compliance: A five-figure ADA lawsuit over uncaptioned videos taught Dr. Woo-Ming to ensure website accessibility. Use tools like WAVE Accessibility Checker, add captions to all videos, and work with vendors for accessible patient portals to avoid litigation. 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 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: Want to start a podcast? Check out the
/episode/index/show/bootstrapmd/id/38733515
info_outline
Ep315: The BootstrapMD Blueprint: Launch Your Practice in 14 Days (No Investors Required)
10/15/2025
Ep315: The BootstrapMD Blueprint: Launch Your Practice in 14 Days (No Investors Required)
This episode is sponsored by . Lightstone Direct LLC connects you to institutional-quality real estate investments backed by a $12-billion AUM firm that co-invests alongside you—your partner in building lasting wealth. All investments involve risk. Please visit for a full list of disclosures. _________ 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 platform streamlines scheduling, patient communications, and insurance verification, giving you fewer no-shows, faster check-ins, and happier patients. Free yourself from paperwork and phone tag so you can focus on what truly matters: providing care. Visit today and see how simple running your practice can be. _________ How can doctors launch their first practice in 2025—without going into debt or depending on outside investors? Host Dr. Mike Woo-Ming, shares his five-step launch blueprint for building a lean, profitable clinic from scratch. He begins by debunking the myth that doctors need investors, massive loans, or fancy offices to succeed. Instead, he emphasizes focusing on action, simplicity, and profitability from day one. Step one: pick a profitable niche by identifying exactly who you want to serve and the urgent problem you can solve now. Step two: build your Minimal Viable Clinic (MVC) — a streamlined version of your practice that allows you to start seeing patients quickly using low-cost tools like telemedicine, subleasing spaces, and affordable EHR systems. Dr. Woo-Ming explains how to craft an irresistible offer centered around transformation, not just services—helping patients achieve measurable outcomes in 90 days or less. He shares proven marketing insights inspired by Alex Hormozi and offers examples of “unicorn offer statements.” Finally, he details how to attract your first patients, leverage partnerships, and systematize your operations through automation, virtual assistants, and tracking key business metrics. This episode is a must-listen for physicians seeking independence, sustainability, and control over their medical careers—without waiting for permission or capital. Three Actionable Takeaways: Pick a Profitable Niche: Define exactly who you serve, what urgent problem you solve, and ensure you can deliver results profitably. Avoid broad audiences—clarity drives success. Build Your Minimal Viable Clinic (MVC): Start lean using telemedicine, subleased spaces, and low-cost tech tools. Focus on momentum, not perfection—launch now, refine later. Automate and Scale Early: Use systems like EHR automation, virtual assistants, and follow-up sequences to streamline operations. Track metrics weekly to identify growth opportunities. 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 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: Want to start a podcast? Check out the
/episode/index/show/bootstrapmd/id/38587310
info_outline
EP314: How to Hire Your First Virtual Assistant (Without Getting Burned) with Lesley Pyle
10/08/2025
EP314: How to Hire Your First Virtual Assistant (Without Getting Burned) with Lesley Pyle
This Episode is sponsored by Ryze Health Running your own practice shouldn’t mean struggling with rising health insurance costs. That’s why a physician designed Ryze Health Premium Insurance—exclusive coverage crafted for independent doctors, their teams, and families. Imagine lowering costs while gaining the freedom to focus fully on patients and the people who matter most. Discover how much you could save at ryzehealth.com and join the growing network of doctors choosing smarter coverage. Follow @RyzeHealth on Instagram and LinkedIn. _________________ Can hiring a virtual assistant transform your entrepreneurial journey? In this episode of Bootstrap MD, Dr. Mike Woo-Ming sits with Lesley Pyle, as she discusses her 30-year evolution in remote work, starting from 1996 as a freelancing mom. Drawing from her experiences in PR, motherhood, and building virtual networks, she explores barriers entrepreneurs face—time constraints, trust issues, and hiring fears—and how platforms like hers connect businesses with talented remote professionals. Lesley offers practical ways to outsource tasks, create SOPs, and build efficient teams, fostering growth through delegation and work-life balance. Top 3 Takeaways: Identify and Outsource Time -Draining Tasks: Track daily activities like email or scheduling, estimate hours spent (e.g., 10 hours/week), and hire a virtual assistant to handle these, freeing time for patient care or strategic growth. Leverage Trusted Platforms for Hiring: Use services like HireMyMom.com to find vetted professionals with skills in bookkeeping, social media, or project management; conduct interviews and trial periods to ensure alignment with your practice’s needs. Prevent Burnout Through Delegation: Regularly assess where you’re overextended, consult family or mentors for perspective, and outsource non-core tasks to maintain faith, family, and personal well-being alongside business success. 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 About the Guest: Lesley Pyle is the founder and CEO of Hire My Mom, with a Master’s in Public Relations and Marketing. Named one of 50 Women Entrepreneurs Who Inspire Us by Self-Made Magazine, she has 30 years of experience helping moms find remote work and small businesses hire virtual talent. Starting with Home-Based Working Moms in 1996, she empowers professionals to balance career and family through flexible opportunities. Connect with Lesley Pyle: Website: LinkedIn: Instagram: 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: Want to start a podcast? Check out the Doctor Podcast Network!
/episode/index/show/bootstrapmd/id/38504785
info_outline
EP313 - The Big Rocks Philosophy: What Really Matters in Medicine
10/01/2025
EP313 - The Big Rocks Philosophy: What Really Matters in Medicine
This Episode is sponsored by Ryze Health Running your own practice shouldn’t mean struggling with rising health insurance costs. That’s why a physician designed Ryze Health Premium Insurance—exclusive coverage crafted for independent doctors, their teams, and families. Imagine lowering costs while gaining the freedom to focus fully on patients and the people who matter most. Discover how much you could save at ryzehealth.com and join the growing network of doctors choosing smarter coverage. Follow @RyzeHealth on Instagram and LinkedIn. __________ Why do physicians work 60-hour weeks yet feel unfulfilled? In this episode of Bootstrap MD, Dr. Mike Woo-Ming shares a powerful lesson from PIMD Con 2025, where Dr. Peter Kim’s rock jar demonstration—using rocks, pebbles, sand, and water—illustrated the cost of filling life with trivial tasks instead of meaningful priorities. Reflecting on his decision to prioritize school pickups for his son and a colleague’s near-fatal health scare, Dr. Woo-Ming explores how urgency and metrics trap physicians in “sand.” He offers a practical five-step “doctor’s orders” plan to schedule big rocks, set boundaries, and reassess priorities, empowering physicians to combat burnout and design sustainable, joy-filled careers. Top 3 Takeaways: Big Rocks First: Schedule non-negotiable priorities like health, family time, and personal purpose before less critical tasks, ensuring they fit into your life’s “jar.” Sweep Out the Sand: Identify and eliminate time-wasters like excessive emailing, doom-scrolling, or unproductive meetings by setting boundaries and delegating tasks. Reassess and Reflect: Regularly evaluate your energy, mood, and relationships to ensure your “big rocks” remain protected as life’s priorities evolve, preventing existential burnout. 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 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: Want to start a podcast? Check out the Doctor Podcast Network! Tags: Physician Burnout, Work-Life Balance, Physician Entrepreneurship, Prioritization, Sustainable Careers, Gratitude, Resilience, Personal Growth
/episode/index/show/bootstrapmd/id/38416980
info_outline
EP312 - PIMD Con 2025: Your Roadmap to Winning Big as a Physician Entrepreneur
09/24/2025
EP312 - PIMD Con 2025: Your Roadmap to Winning Big as a Physician Entrepreneur
This Episode is sponsored by Ryze Health Running your own practice shouldn’t mean struggling with rising health insurance costs. That’s why a physician designed Ryze Health Premium Insurance—exclusive coverage crafted for independent doctors, their teams, and families. Imagine lowering costs while gaining the freedom to focus fully on patients and the people who matter most. Discover how much you could save at ryzehealth.com and join the growing network of doctors choosing smarter coverage. Follow @RyzeHealth on Instagram and LinkedIn. __________________ How can physicians make the most of PIMD Con 2025 to transform their careers and achieve financial freedom? In this episode of Bootstrap MD, Dr. Mike Woo-Ming, dives into practical strategies for attending PIMD Con, holding September 25–27, 2025, in Newport Beach, California. Founded by Dr. Peter Kim, this conference brings together 700+ physicians to explore real estate investing and entrepreneurship, offering CME credits, 30+ expert speakers, and tracks like Entrepreneurship Acceleration. Mike shares tips on setting clear goals, researching speakers, effective networking, and avoiding common pitfalls like information overload or comparison traps. Whether you're a first-time attendee or a seasoned participant, this episode offers actionable advice to maximize your conference experience and build meaningful connections for long-term success. To register, visit: https://passiveincomemd.com/conferences/ Three Actionable Takeaways Set Clear, Specific Goals – Before attending PIMD Con, write down three specific objectives, such as learning rental property analysis or connecting with three key speakers. Review the conference website to align your goals with sessions and speakers to stay focused and intentional. Network Strategically with Value – Aim for 10–15 meaningful conversations with attendees and speakers. Ask unique questions like, “What brought you to PIMD Con?” or “What’s your biggest business challenge?” and lead with value by sharing resources or connections without expecting immediate returns. Plan for Post-Conference Action – Block time after the conference to decompress and implement insights. Follow up with new contacts within 48 hours, using notes or photos to recall key details, and prioritize 1–2 focus areas to avoid overwhelm and maintain momentum. 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 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: Want to start a podcast? Check out the
/episode/index/show/bootstrapmd/id/38333570
info_outline
Ep311 - Resilience Redefined : From Battlefield ICU to Physician Coach
09/17/2025
Ep311 - Resilience Redefined : From Battlefield ICU to Physician Coach
How can military-honed resilience and positive psychology supercharge physician leadership? In this episode of Bootstrap MD, host Dr. Mike Woo-Ming interviews Dr. Christopher Colombo, as he shares his path from elementary school dreams of medicine to active-duty training, and his post-retirement "Lego break" before embracing part-time ICU night shifts and executive coaching. Inspired by a fellow physician's transition, he pursued training in executive and positive psychology coaching to address the personal-professional overlaps that frustrated him—like compartmentalizing life domains without recognizing the "you" as the common denominator. The discussion dives into military lessons on resilience (e.g., Army-adopted programs from UPenn's Barbara Fredrickson), the pitfalls of large-organization training, and why authenticity matters in leadership. Dr. Colombo offers mindset shifts for new leaders: acknowledge emotions and relationships, control primitive responses via storytelling, and use techniques like drafting "flame emails" to yourself. He emphasizes building trust through personal "why" alignment and avoiding cognitive traps like "should" or "must." A vital listen for physicians eyeing leadership or coaching, blending clinical credibility with life-changing insights. Three Actionable Takeaways: Acknowledge Emotions in Leadership – Suppress less, embrace more: Build relationships by understanding your team's personal "why" and framing missions accordingly. Control reactions by pausing to re-story stimuli (e.g., "That driver isn't plotting against me") before responding. Draft 'Flame Emails' to Yourself – When rage hits from an email, reply to your own address, vent fully, then step away. Return calmer to craft (or delegate) a measured response—preventing regrettable sends and honing emotional regulation. Pursue Authentic Alignment – Identify your core values (e.g., excellence over winning) to bridge personal and professional life. Seek a "cognitive sparring" partner for breakthroughs, ensuring you're effective, not just right. 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 About the Guest: Dr. Christopher Colombo is a retired Army critical care physician with 24 years of service, including deployments, is co-founder and president of Functional Mentoring (functionalmentoring.com). A former department chief and program director, he blends executive and positive psychology coaching to mentor physicians, focusing on resilience, emotional control, and aligning personal-professional values. Email: Website: Book a free 45-minute cognitive sparring session via the website. 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: Want to start a podcast? Check out the Doctor Podcast Network!
/episode/index/show/bootstrapmd/id/38241210
info_outline
Ep310 - From Bedside to Boardroom: Dr. Michael Fang’s Quest to Revolutionize Healthcare
09/10/2025
Ep310 - From Bedside to Boardroom: Dr. Michael Fang’s Quest to Revolutionize Healthcare
What does it take for a geriatrician to become a healthcare innovator impacting millions? In this episode, Dr. Mike Woo-Ming sits down with Dr. Michael Fang to share his journey from practicing medicine to co-founding Base10, an infection control software that saved lives in 150 nursing homes during the COVID pandemic, generating over $35M before its acquisition. He also co-founded Inosphere, impacting 7M mental health patients in the UK, Ireland, and Scotland. Now, as Chief Strategy Officer at Northwestern’s Feinberg School of Medicine and CEO of Rise Health, Dr. Fang is redefining health insurance for independent physicians and medical practices. He discusses leveraging physician skills for entrepreneurship, the unmet need for affordable health plans, and the power of community through WeCare IPA. This episode is packed with insights for physicians looking to break free from traditional practice and create scalable impact. Three Actionable Takeaways: Leverage Your Physician Skills for Entrepreneurship – Apply your ability to process information, communicate effectively, and make quick decisions to entrepreneurial ventures. Start small, using your clinical income to fund initial projects, and don’t wait for an MBA to jump in. Explore Health Plan Solutions for Independence – If you’re an independent physician or running a small practice, investigate Rise Health’s health captive model to reduce insurance costs for you, your staff, and their families, removing barriers to starting your own practice. Join a Supportive Community – Engage with communities like WeCare IPA to access benefits like discounted specialty medications for your patients, even if you don’t need Rise Health’s insurance, to enhance your practice’s efficiency and impact. 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 About the Guest Dr. Michael Fang is a geriatrician, internist, and serial entrepreneur with a passion for democratizing healthcare. As co-founder and CEO of Base10, he developed infection control software used by 150 nursing homes during the COVID pandemic, generating $35M in revenue before its acquisition. He co-founded Inosphere, addressing social determinants of health for 7M mental health patients in the UK, Ireland, and Scotland. Currently, Dr. Fang serves as Chief Strategy Officer at Northwestern’s Feinberg School of Medicine Institute of AI in Medicine and leads Rise Health, a health plan for independent physicians. His expertise lies in healthcare innovation, informatics, and creating scalable solutions for systemic challenges. LinkedIn: Website: 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: Want to start a podcast? Check out the
/episode/index/show/bootstrapmd/id/38148730
info_outline
Ep309 - The Wealth Ladder: 6 Levels Every Physician Must Climb to Escape the Hamster Wheel
09/03/2025
Ep309 - The Wealth Ladder: 6 Levels Every Physician Must Climb to Escape the Hamster Wheel
In this episode, host Dr. Mike Woo-Ming exposes the "great physician money lie"—that high income automatically leads to wealth—and shares transformative insights from the book "The Wealth Ladder." Drawing from his 20+ years as a physician entrepreneur, he explains why many doctors earning $300,000+ live paycheck to paycheck, trapped in lifestyle inflation and employee mindsets. Dr. Woo-Ming breaks down the four levels of the wealth ladder, from financial insecurity to true freedom, and provides a simple formula to calculate your net worth. He emphasizes shifting from trading time for money to building income-producing assets, like businesses or investments, while avoiding common pitfalls like overspending. With practical advice on developing an owner mindset, pursuing financial education, and taking action—such as attending conferences like PID Con—this episode empowers physicians to reclaim control, reduce stress, and build lasting wealth beyond their salaries. Three Actionable Takeaways: Calculate Your True Net Worth: Subtract all liabilities (debts, loans) from assets (savings, investments, property) to determine your wealth level; aim to match your lifestyle to net worth, not income, to avoid financial stress. Shift to an Owner Mindset: Stop trading time for money by building skills for income-producing assets, like consulting, online courses, or cash-pay practices; focus on value creation untied to hours worked. Invest in Financial Education: Read books like "The Wealth Ladder," join physician groups on financial independence, attend conferences (e.g., PID Con), and learn from mentors to avoid common pitfalls and accelerate asset-building. 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 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: Want to start a podcast? Check out the
/episode/index/show/bootstrapmd/id/38066200
info_outline
EP308 - Digital Marketing Demystified: A Roadmap for Growing Your Practice with Andrew Newland
08/27/2025
EP308 - Digital Marketing Demystified: A Roadmap for Growing Your Practice with Andrew Newland
This 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 t to meet your financial coach and find out if concierge planning is right for you. ——————— In this episode of Bootstrap MD, host Dr. Mike Woo-Ming welcomes Andrew Newland, to share his entrepreneurial journey from landscaping to marketing, driven by personal health challenges that led him to focus exclusively on the functional medicine space. He breaks down key SEO pillars—technical, content, and local optimization—explaining how practices can rank higher on Google by creating valuable, patient-focused content like blog posts on symptoms and treatments. The discussion covers common pitfalls, the importance of community involvement beyond digital efforts, and adapting to AI's impact on search rankings. Andrew offers practical tips, including free website evaluations and his book on digital marketing for functional practices. This episode is essential for physician entrepreneurs seeking to grow their visibility, attract ideal patients, and achieve sustainable business success. Three Actionable Takeaways Optimize Your Website for SEO Basics – Ensure your site has fast loading times, mobile responsiveness, and HTTPS security; integrate keywords naturally into content like blog posts on common symptoms (e.g., fatigue, hormone imbalance) to improve Google rankings without over-optimizing. Create High-Quality, Patient-Focused Content – Write or outsource educational articles and videos addressing patient pain points, such as "What causes chronic fatigue?" or location-specific issues like altitude sickness in Colorado, to build trust and drive organic traffic. Get Involved in Your Community – Beyond digital marketing, sponsor local events, host talks at gyms on health topics, or network to gain face-to-face exposure; combine this with AI-adapted SEO to stand out in search results and attract ideal patients. 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 About the Guest: Andrew Newland is the founder and CEO of Functional Medicine Marketing, a digital agency dedicated to helping functional and integrative medicine clinics grow their visibility and attract ideal patients. With a background in communications and entrepreneurship, Andrew transitioned from running a landscaping business in Colorado Springs to focusing on marketing after personal health challenges led him to embrace functional medicine. His agency, previously Six IT Marketing (inspired by Alice in Wonderland’s “six impossible things”), specializes in SEO-first strategies designed for longevity, leveraging technical optimization, high-quality content, and local SEO. Andrew is also the author of Digital Marketing & SEO for Functional Medicine Practices, available on Amazon and as a free e-copy at functionalmedmarketing.com, where he offers free website evaluations to help physicians optimize their online presence. Website: 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: Want to start a podcast? Check out the Doctor Podcast Network!
/episode/index/show/bootstrapmd/id/37973065
info_outline
Ep307 - The 4P Framework for Physician Branding Success
08/20/2025
Ep307 - The 4P Framework for Physician Branding Success
This 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 to meet your financial coach and find out if concierge planning is right for you. ——————— In this episode of Bootstrap MD, host Dr. Mike Woo-Ming, shares his proven Four P Framework to revolutionize physician branding: Positioning, Presence, Proof, and Premium. Through real-world examples, he contrasts two dermatologists—one struggling with low-cost deals and outdated facilities, the other thriving with premium pricing and a six-month waitlist—highlighting how branding shapes perception and profitability. Dr. Ming explains how to position yourself as a specialist for a specific audience, maintain a consistent online and offline presence, build trust with compelling proof like patient testimonials and media features, and deliver a premium experience that justifies higher rates. He also warns against common pitfalls like appealing to everyone, inconsistent messaging, and competing on price alone. This episode is a must-listen for physicians aiming to attract better patients, increase revenue, and enjoy a fulfilling practice. Three Actionable Takeaways: Define Your Positioning – Use the formula "I help [specific audience] achieve [specific result] without [specific pain point]." For example, "I help women over 35 regain energy through hormone therapy without endless doctor visits." Write your positioning statement using this framework to clarify your niche and attract ideal patients. Ensure Consistent Presence – Audit your website, Google My Business, LinkedIn, and social media for inconsistencies in photos, messaging, or visuals. Fix the three biggest discrepancies this week to create a cohesive brand that builds recognition and trust. Build Trust with Proof – Reach out to three recent patients with measurable outcomes and request testimonials or video reviews. Write a three-sentence personal story using the Challenge-Journey-Mission framework to share why you became a physician, fostering an emotional connection with patients. 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 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: Want to start a podcast? Check out the Doctor Podcast Network!
/episode/index/show/bootstrapmd/id/37883995
info_outline
Ep306 - Why Smart Doctors Stay Poor (And How to Instantly Fix It)
08/13/2025
Ep306 - Why Smart Doctors Stay Poor (And How to Instantly Fix It)
This 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 to meet your financial coach and find out if concierge planning is right for you. ____________ 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
/episode/index/show/bootstrapmd/id/37786590
info_outline
Ep305 - Ten Ways I Use ChatGPT as a Physician Entrepreneur
08/06/2025
Ep305 - Ten Ways I Use ChatGPT as a Physician Entrepreneur
This 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 to meet your financial coach and find out if concierge planning is right for you. ——————— In this episode of Bootstrap MD, host Dr. Mike Woo-Ming talks about how ChatGPT can help doctors and other healthcare professionals in their work. Addressing skeptics, he outlines 10 real-world applications of AI in his practice, including telemedicine documentation, patient education, email responses, and marketing content creation. Dr. Woo-Ming emphasizes using ChatGPT as a tool to work smarter, not harder, while maintaining strict privacy standards (no patient data input). From crafting simplified patient instructions to drafting legal agreements and analyzing business expenses, he demonstrates how AI saves time, reduces burnout, and enhances productivity. This episode is a must-listen for physicians seeking practical ways to integrate AI into their workflows and reclaim time for what matters most. Three Actionable Takeaways Streamline Documentation with Templates – Use ChatGPT to create de-identified SOAP note templates for common conditions (e.g., erectile dysfunction, weight management) to cut charting time from 10 minutes to under 2 minutes, ensuring compliance with workplace AI policies. Enhance Patient Education – Prompt ChatGPT to explain treatments like tirzepatide at a sixth-grade reading level to improve patient compliance and reduce side-effect-related dropouts, tailoring outputs to your practice’s needs. Optimize Business Operations – Leverage ChatGPT for financial analysis (e.g., identifying overspending in software subscriptions) or drafting job postings and SOPs to save costs and improve hiring efficiency, always reviewing outputs for authenticity. 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 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: Want to start a podcast? Check out the
/episode/index/show/bootstrapmd/id/37695385
info_outline
EP304 - Why Systems, Not Goals, Drive Physician Entrepreneur Success
07/30/2025
EP304 - Why Systems, Not Goals, Drive Physician Entrepreneur Success
This 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 to meet your financial coach and find out if concierge planning is right for you. ——————— Are your business goals holding you back? In this episode of Bootstrap MD, Dr. Mike Woo-Ming, shares a game-changing mindset shift for healthcare professionals tired of unpredictable revenue and burnout. Drawing from his experience building seven-figure businesses, Dr. Woo-Ming explains why focusing on systems, not goals, is the key to sustainable success. He breaks down why goal-only thinking creates feast-or-famine cycles, feelings of failure, and vulnerability to real-world variables like staff turnover or market shifts. Through practical examples—like patient acquisition, content marketing, hiring, and investment systems—Dr. Woo-Ming offers a four-step framework to systemize your practice or side hustle. This episode is packed with actionable strategies to help physicians take control of their income, time, and freedom by building reliable, repeatable processes. Three Actionable Takeaways: Define Specific, Measurable Outcomes – Set clear but flexible goals (e.g., "10 paying coaching clients in 60 days") to guide your system-building without micromanaging every detail. Focus on Repeatable Inputs – Identify and schedule consistent weekly tasks (e.g., outreach to 5 leads, creating 1 video) that drive your outcomes, ensuring control over what you can predictably execute. Track Inputs, Not Just Results – Monitor weekly system tasks (e.g., discovery calls booked, content published) using simple tools like Google Docs or Loom to ensure consistency and improve outcomes over time. 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 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: Want to start a podcast? Check out the
/episode/index/show/bootstrapmd/id/37601170
info_outline
Ep303 - Buying a Business: A Shortcut to Physician Entrepreneurship
07/23/2025
Ep303 - Buying a Business: A Shortcut to Physician Entrepreneurship
This 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 to meet your financial coach and find out if concierge planning is right for you. _____________ Can buying a business be the key to achieving your entrepreneurial dreams as a physician? In this episode, Dr. Mike Woo-Ming, dives into the world of business acquisitions as a faster, less stressful alternative to starting from scratch. He compares offline businesses (like med spas, urgent cares, or even non-healthcare ventures like restaurants) with online businesses (such as e-commerce stores, coaching platforms, or SaaS companies), outlining their unique benefits and risks. Dr. Woo-Ming shares lessons from his own successes—like acquiring a profitable medical clinic—and pitfalls, including a failed online marketing venture. He provides practical guidance on evaluating deals, from analyzing financials and customer retention to assessing location and scalability. With a detailed due diligence checklist, this episode equips physicians with the tools to make informed acquisition decisions that align with their time constraints, lifestyle goals, and desire for financial independence. Three Actionable Takeaways: Perform Thorough Due Diligence – Review at least two years of financials (P&L, balance sheets, cash flow statements), verify traffic and conversion metrics for online businesses, and insist on live screen-sharing to confirm data authenticity. Assess Business Fit for Your Lifestyle – Choose offline businesses for hands-on involvement and tangible assets, or online businesses for location freedom and scalability, based on your career stage and personal goals. Leverage Your Network and Experts – Explore opportunities through platforms like BizBuySell or Empire Flippers, tap into medical networks for unlisted deals, and consult CPAs and attorneys to avoid costly oversights. 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. 👥 Connect with Dr. Mike Website: Podcast Network: LinkedIn: https://www.linkedin.com/in/mike-woo-ming
/episode/index/show/bootstrapmd/id/37513335
info_outline
Ep302 - YouTube vs. Podcasting vs. Webinars: Where Should You Focus?
07/16/2025
Ep302 - YouTube vs. Podcasting vs. Webinars: Where Should You Focus?
This 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: to meet your financial coach and find out if concierge planning is right for you. _________ More and more physicians are seeking autonomy through direct pay models, aesthetics, concierge, telemedicine, and niche cash-based practices. But how do you market yourself without burning out? In this episode, Dr. Mike Woo-Ming breaks down the top three content platforms for building a medical business or personal brand: YouTube, Podcasting, and Webinars. He explains the strengths and trade-offs of each, shares real-world examples from his own journey, and provides a step-by-step action plan to help you choose your platform and get started—even if you’re still in clinical practice. Whether you're aiming to build visibility, trust, or conversions, this episode helps you take strategic steps toward practicing medicine on your own terms. Three Actionable Takeaways: Start Small, But Start Now You don’t need fancy gear or a big audience. Pick one platform and stay consistent for 90 days. Choose Based on Your Goals Want to build authority? Start a podcast or YouTube channel. Need more leads? Leverage YouTube’s search engine power. Ready to sell a coaching program or course? Use webinars to convert. Stack Strategically Record a podcast → Film it for YouTube → Promote your webinar across both platforms for maximum reach and ROI. 🎧 About the Host Dr. Mike Woo-Ming is a physician entrepreneur with over 20 years of experience, having built and sold multiple seven-figure companies. He currently leads Executive Medical, a clinic specializing in age management and aesthetics. Through , he mentors other physicians in launching businesses, building content platforms, and reclaiming autonomy in their careers. 👥 Connect with Dr. Mike 🌐 Website: 🎙 Podcast Network:
/episode/index/show/bootstrapmd/id/37421870
info_outline
Ep301 - Why Physicians Are Leaving Insurance-Based Medicine in 2025
07/09/2025
Ep301 - Why Physicians Are Leaving Insurance-Based Medicine in 2025
This 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: to meet your financial coach and find out if concierge planning is right for you. ________ Burnout is still sky-high. Reimbursements keep shrinking. In this solo episode, Dr. Mike Woo-Ming explores why more and more physicians are turning away from the traditional insurance-based model and instead embracing direct pay, concierge, aesthetics, telemedicine, and niche practices. He shares the data, real-world stories, and his own experience to help you understand the market shift and take advantage of it. This isn’t just about frustration—it’s about opportunity. Dr. Mike breaks down how to move forward strategically, even if you’re not ready to quit your job just yet. From small side gigs to full-blown business transitions, this episode is your blueprint for practicing medicine on your terms. _____________ Three Actionable Takeaways: Recognize the problem hiding in plain sight. Burnout, shrinking margins, and prior auth fatigue are signals—not a dead end. Start simple. Test a part-time model, telemedicine, or aesthetics before fully transitioning out of insurance. Think like a CEO. Make the mental shift from being an employee to owning your value and building your business. 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: 🎙 Want to start a podcast? Check out
/episode/index/show/bootstrapmd/id/37342260
info_outline
Ep300 - 300 Episodes Later: 10 Game-Changing Lessons for Physician Entrepreneurs
07/02/2025
Ep300 - 300 Episodes Later: 10 Game-Changing Lessons for Physician Entrepreneurs
This 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: to meet your financial coach and find out if concierge planning is right for you. _________ In this episode, Dr. Mike Woo-Ming celebrates the 300th episode of BootstrapMD by reflecting on his biggest takeaways from interviewing hundreds of physician entrepreneurs. He delivers 10 powerful, battle-tested lessons from the trenches of physician entrepreneurship. Whether you're in the early stages of thinking about building a side venture or already running your business, this episode is a masterclass in growth, fulfillment, and reclaiming control over your career. This podcast exists because of its listeners, and every message, review, and share has played a vital role in its growth and success over 300 episodes. If this episode provided value, please consider leaving a review—every piece of feedback is read and appreciated. Share the episode with a colleague who may be exploring new possibilities in their career, and join the BootstrapMD community at to access valuable resources, upcoming events, and ongoing support for physician entrepreneurs. Three Actionable Takeaways: 1. Take Imperfect, Purpose-Driven Action: Start before you feel fully ready—clarity comes through action. Build a business or career path rooted in purpose, not just profit, and embrace the power of facing fear head-on. 2. Leverage Your Medical Training Beyond the Clinic: Your MD/DO is an asset, not a limitation. Recognize burnout early and pivot with intention. Use your clinical skills to add unique value in non-traditional roles, and don’t let your specialty define your ceiling. 3. Build Smart Systems and Strong Support: Avoid burnout by designing efficient, scalable systems—and don’t do it alone. Surround yourself with mentors, collaborators, and a like-minded entrepreneurial tribe to stay adaptable and future-proof your growth. About the Host: Dr. Mike Woo-Ming is a physician entrepreneur with over 20 years of experience. He’s built and sold multiple 7-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 career autonomy. 👥 Connect with Dr. Mike: 🎙 Want to start your own podcast? Check out the Doctor Podcast Network.
/episode/index/show/bootstrapmd/id/37239100
info_outline
Ep299 - Is Your Business Idea Worth It? A Step-by-Step Validation Guide for Physicians
06/25/2025
Ep299 - Is Your Business Idea Worth It? A Step-by-Step Validation Guide for Physicians
This 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: to meet your financial coach and find out if concierge planning is right for you. _________ Got a business idea but unsure if it’s worth pursuing? In this solo episode, Dr. Mike Woo-Ming walks you through a proven, step-by-step process to validate your online business idea before you invest time, money, or energy. From identifying pain points in your medical practice to using keyword research, competitor analysis, and building an engaged audience—Dr. Mike shares how to minimize risk and maximize potential for physician entrepreneurs. You'll learn how to run surveys, gauge demand, differentiate from competitors, and ultimately develop a minimum viable product (MVP) that meets a real need. This episode is essential listening if you're toying with an idea and wondering, “Will this work?” Three Actionable Takeaways: Identify real-world problems you and your colleagues face—your future business idea lives there. Validate demand by using surveys, keyword research, and feedback—not assumptions. Start small with an MVP, test it, and refine before investing in a full launch. 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: 🎙 Want to start a podcast? Check out
/episode/index/show/bootstrapmd/id/37140760
info_outline
EP298: Financial Blind Spots Doctors Overlook (and How to Fix Them)
06/18/2025
EP298: Financial Blind Spots Doctors Overlook (and How to Fix Them)
This 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. ____________ Dr. Mike Woo-Ming interviews Enpo Tu, COO of My Financial Coach, to discuss how physicians can avoid common financial missteps while building long-term wealth. Enpo explains the challenges physicians face around health insurance, tax planning, business structures, and financial advising, and how My Financial Coach provides unbiased, subscription-based financial planning without commissions or product sales. Together, they cover how to set up your business with an exit strategy in mind, when and why to create an LLC or S-corp, and how to vet whether your CPA is providing real value. Enpo also shares how My Financial Coach acts as "primary care for your finances," identifying early warning signs and coordinating with vetted experts across legal, tax, and investment disciplines. Three Actionable Takeaways: Start with the end in mind: Are you building to sell, building a legacy, or creating a personal income engine? Check whether you're taking only the standard deduction—if so, ask what your CPA is really doing for you. Focus on optimizing your taxes now for guaranteed returns, rather than worrying about what the markets or government may do. About the Guest: Enpo Tu is Chief Operating Officer at My Financial Coach, where he leads an education-first, process-driven financial coaching model tailored for physicians and high-net-worth professionals. With designations including CFP®, ChFC®, CLU®, CAP®, RICP®, and an MSFS degree, Enpo brings expertise across financial planning, insurance, estate, and retirement planning. Beyond his advisory work, he has led SEO and marketing strategies that have positioned My Financial Coach as a leading resource in the financial coaching space. Enpo regularly speaks and writes on topics such as physician finances, tax efficiency, entity structures, and practice ownership. 🎧 Learn more: myfinancialcoach.com LinkedIn: https://www.linkedin.com/in/enpotu/ 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.bootstrapmd.com Want to start a podcast? Check out the DoctorPodcastNetwork
/episode/index/show/bootstrapmd/id/37009715
info_outline
EP297 – How to Systemize Your Business and Survive AI Disruption with David Jenyns
06/11/2025
EP297 – How to Systemize Your Business and Survive AI Disruption with David Jenyns
This 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: to meet your financial coach and find out if concierge planning is right for you. ____________ Dr. Mike Woo-Ming interviews returning guest David Jenyns to dive into strategies for building systemized, scalable businesses in the face of rapid AI disruption. David introduces his new book Systems Champion, a follow-up to his bestselling Systemology, focused on empowering non-founder team members to drive systems implementation. Together, they discuss the critical role of the “Systems Champion,” the qualities to look for in hiring one, and how AI is transforming the business landscape. David shares the story of how AI disrupted a key part of his business and how he pivoted by embracing AI instead of resisting it. Three Actionable Takeaways: Identify a Systems Champion: Not every business owner is detail-oriented. Empower someone else on your team to take the lead in systematizing your operations. AI is Coming—Adapt Now: Understand your business processes deeply, then explore how AI can help you do them faster, better, and cheaper. Recruit for Systems Thinking: From job ads to onboarding, embed systems thinking into your hiring process to create a process-driven company culture. About the Guest: David Jenyns is a systems devotee and founder of , with a mission to free business owners from daily operations. He’s helped businesses of all sizes create scalable, system-driven models. His latest book, Systems Champion, focuses on empowering the right team members to drive implementation and create long-term business freedom. 🎧 Systemology and Systems Champion are available on Amazon. 🔗 Learn more: 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: Want to start a podcast? Check out the
/episode/index/show/bootstrapmd/id/36903595