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.
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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
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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
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Ep296 – How Doctors Are Monetizing Their Expertise in the Creator Economy
06/04/2025
Ep296 – How Doctors Are Monetizing Their Expertise in the Creator Economy
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. ____________ In this episode, Dr. Mike Woo-Ming explores the creator economy's potential for physicians seeking wealth and autonomy. He discusses leveraging platforms like YouTube, TikTok, and Substack to monetize expertise through content creation. Dr. Woo-Ming shares success stories, actionable strategies, and common pitfalls, emphasizing a business mindset. Three Actionable Takeaways: Clarify Your Why: Clearly define your purpose before creating any content—education, audience growth, business building, or personal fulfillment. Focus on One Platform: Choose one content channel that suits your strengths, and stay consistent to avoid creator burnout and confusion. Monetize Smart: Don’t rely solely on ad revenue—offer products, services, coaching, or digital downloads to generate sustainable income. 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, with over 20 years as a physician entrepreneur, has built and sold two seven-figure companies in online marketing and lead software. He runs multiple medical clinics specializing in age management, weight loss, and aesthetics, and is CEO of Executive Medical. Through BootstrapMD, he empowers physicians with coaching, courses, and events. He authored The Positioned Physician: Earn More, Work Smart, Love Medicine Again, available on Amazon. Let’s Connect: Join the Doctor’s Online Success community at . Want to start a podcast? Check out Doctor Podcast Network.
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EP295 - How Letting Go Can Help You Grow: A Doctor's Guide to Freedom
05/28/2025
EP295 - How Letting Go Can Help You Grow: A Doctor's Guide to Freedom
This episode is sponsored by: Set For Life Insurance Set For Life Insurance helps doctors safeguard their future with True Own Occupational Disability Insurance. A single injury or illness can change everything, but the best physicians plan ahead. Protect your income and secure your future before life makes the choice for you. Your career deserves protection—act now at . ____________ Dr. Mike Woo-Ming shares the "Let Them Theory" from Mel Robbins’ book Let Them on the Bootstrap MD podcast. This mindset helps physicians release the need to control others’ opinions, freeing energy for building cash-based practices or scaling businesses. He lists five energy drains—being misunderstood, questioned, compared, doubted, or resisted—and urges doctors to let go of people-pleasing. Examples include a client succeeding in a weight loss clinic despite doubters. Dr. Woo-Ming suggests practicing this mindset daily and joining his free Doctor’s Online Success community. Three Actionable Takeaways: Use the "Let Them" Mantra: Daily, recite “Let them think it. Let them say it. Let them go.” Write down one criticism to release (e.g., a peer’s doubt about your practice) Target Your Ideal Audience: Focus on patients or clients who value your mission, letting go of those who question or compare your services. Build a Supportive Network: Let resistant team members adapt or leave. Join the free Doctor’s Online Success community (skool.com) to connect with like-minded physicians. About the Show: Bootstrap MD is the ultimate podcast for physician entrepreneurs looking to break free from traditional healthcare careers and take control of their financial futures. Hosted by Dr. Mike Woo-Ming, a successful physician, entrepreneur, and investor, the show provides actionable insights on starting and scaling businesses, creating passive income, and navigating the evolving landscape of healthcare entrepreneurship. Each episode features real-world advice from industry leaders, including physicians who have built thriving businesses, investors who have leveraged healthcare innovation, and experts in telemedicine, medical consulting, and digital health. Whether you're looking to start a telemedicine practice, create an online business, or explore non-clinical career options, Bootstrap MD delivers practical strategies to help you succeed. Tune in weekly for inspiring interviews, deep dives into business models, and step-by-step guidance on turning your medical expertise into a profitable, fulfilling career—without sacrificing your well-being. About the Host: Through two decades of experience as a physician entrepreneur, Dr. Mike Woo-Ming has built and sold two seven-figure companies in the online marketing and lead software industry. He is also a physician practice owner, currently running multiple successful medical clinics. He founded BootstrapMD, a consultancy firm, to help empower physician entrepreneurs through live events, courses, and coaching. Dr. Mike is also the CEO of Executive Medical, a boutique medical practice specializing in age management, weight loss, and aesthetics. As a co-owner and medical director of several clinics, he helps other doctors transition into business ownership. To learn more, read his book, The Positioned Physician: Earn More, Work Smart, Love Medicine Again, available on Amazon. Let’s Connect: Start building your business today. Learn more at: https://momentummd.com/ Want to start your own podcast? Check out
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Ep294 - Book, Course, or Coaching? Choosing the Right Path for Physician Entrepreneurs
05/21/2025
Ep294 - Book, Course, or Coaching? Choosing the Right Path for Physician Entrepreneurs
This episode is sponsored by: Set For Life Insurance Set For Life Insurance helps doctors safeguard their future with True Own Occupational Disability Insurance. A single injury or illness can change everything, but the best physicians plan ahead. Protect your income and secure your future before life makes the choice for you. Your career deserves protection—act now at . ____________ In this episode, Dr. Mike Woo-Ming guides physician entrepreneurs on choosing between writing a book, creating a course, or starting a coaching program. He breaks down each option’s time, tech, marketing, and earning potential, sharing insights from his 20+ years as a physician entrepreneur and his Momentum MD Mastermind. Coaching is recommended as the fastest, leanest starting point, followed by courses for scalability and books for long-term credibility. With real-world examples, Dr. Woo-Ming offers a decision-making framework to align choices with your goals and resources, helping you avoid analysis paralysis and build a sustainable business. Three Actionable Takeaways: Start with Coaching: Identify a specific result you can deliver, create a simple one-on-one coaching program, and contact 10 potential clients for real conversations to build revenue and insights quickly. Transition to Courses: If you have coaching clients, document your process and questions. Build an email list with a lead magnet and pre-sell a course to validate demand before creating it. Plan for a Book: Write a book to establish long-term credibility once you have a proven system and backend offers, ensuring resources for marketing and a 12+ month timeline. About the Show: Bootstrap MD is the ultimate podcast for physician entrepreneurs looking to break free from traditional healthcare careers and take control of their financial futures. Hosted by Dr. Mike Woo-Ming, a successful physician, entrepreneur, and investor, the show provides actionable insights on starting and scaling businesses, creating passive income, and navigating the evolving landscape of healthcare entrepreneurship. Each episode features real-world advice from industry leaders, including physicians who have built thriving businesses, investors who have leveraged healthcare innovation, and experts in telemedicine, medical consulting, and digital health. Whether you're looking to start a telemedicine practice, create an online business, or explore non-clinical career options, Bootstrap MD delivers practical strategies to help you succeed. Tune in weekly for inspiring interviews, deep dives into business models, and step-by-step guidance on turning your medical expertise into a profitable, fulfilling career—without sacrificing your well-being. About the Host: Through two decades of experience as a physician entrepreneur, Dr. Mike Woo-Ming has built and sold two seven-figure companies in the online marketing and lead software industry. He is also a physician practice owner, currently running multiple successful medical clinics. He founded BootstrapMD, a consultancy firm, to help empower physician entrepreneurs through live events, courses, and coaching. Dr. Mike is also the CEO of Executive Medical, a boutique medical practice specializing in age management, weight loss, and aesthetics. As a co-owner and medical director of several clinics, he helps other doctors transition into business ownership. To learn more, read his book, The Positioned Physician: Earn More, Work Smart, Love Medicine Again, available on Amazon. Let’s Connect: Start building your business today. Learn more at: https://momentummd.com/ Want to start your own podcast? Check out
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EP293 - Reflections from the Momentum MD Spring Retreat
05/14/2025
EP293 - Reflections from the Momentum MD Spring Retreat
This episode is sponsored by: Set For Life Insurance Set For Life Insurance helps doctors safeguard their future with True Own Occupational Disability Insurance. A single injury or illness can change everything, but the best physicians plan ahead. Protect your income and secure your future before life makes the choice for you. Your career deserves protection—act now at . ___________ In this episode, Dr. Mike Woo-Ming reflects on the Momentum MD Spring Retreat, a powerful gathering of physician entrepreneurs, CEOs, clinic owners, and coaches in Las Vegas. The retreat went beyond business strategies, focusing on connection, clarity, and personal growth. Dr. Woo-Ming shares seven key takeaways, including overcoming universal fears, reframing imposter syndrome, and using the OOCEMR framework to simplify decisions. These insights will help you align your roles as a physician and entrepreneur, foster vulnerability for breakthroughs, and commit to actionable goals to propel your side hustle or career forward. Three Actionable Takeaways: Reframe Imposter Syndrome: Act despite self-doubt by focusing on outward actions and results, using community support to reframe fears as growth opportunities. Use the OOCEMR Framework: Apply the Outcomes, Options, Consequences, Evaluate, Mitigate, Resolve process to prioritize high-impact projects and avoid "shiny object syndrome." Declare Your Goals Publicly: Speak your next steps out loud in a supportive community to make them real and drive accountability for your business or career goals. About the Show: Bootstrap MD is the ultimate podcast for physician entrepreneurs looking to break free from traditional healthcare careers and take control of their financial futures. Hosted by Dr. Mike Woo-Ming, a successful physician, entrepreneur, and investor, the show provides actionable insights on starting and scaling businesses, creating passive income, and navigating the evolving landscape of healthcare entrepreneurship. Each episode features real-world advice from industry leaders, including physicians who have built thriving businesses, investors who have leveraged healthcare innovation, and experts in telemedicine, medical consulting, and digital health. Whether you're looking to start a telemedicine practice, create an online business, or explore non-clinical career options, Bootstrap MD delivers practical strategies to help you succeed. Tune in weekly for inspiring interviews, deep dives into business models, and step-by-step guidance on turning your medical expertise into a profitable, fulfilling career—without sacrificing your well-being. About the Host: Through two decades of experience as a physician entrepreneur, Dr. Mike Woo-Ming has built and sold two seven-figure companies in the online marketing and lead software industry. He is also a physician practice owner, currently running multiple successful medical clinics. He founded BootstrapMD, a consultancy firm, to help empower physician entrepreneurs through live events, courses, and coaching. Dr. Mike is also the CEO of Executive Medical, a boutique medical practice specializing in age management, weight loss, and aesthetics. As a co-owner and medical director of several clinics, he helps other doctors transition into business ownership. To learn more, read his book, The Positioned Physician: Earn More, Work Smart, Love Medicine Again, available on Amazon. Let’s Connect: Start building your business today. Learn more at: Want to start your own podcast? Check out
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EP292 - 9 Productivity Pitfalls Every Physician Entrepreneur Must Avoid
05/07/2025
EP292 - 9 Productivity Pitfalls Every Physician Entrepreneur Must Avoid
Starting a side gig as a physician entrepreneur is exciting but challenging, especially when productivity pitfalls get in the way. In this episode, Dr. Mike Woo-Ming breaks down nine productivity killers that can derail your progress, including lack of motivation, unclear goals, and technology distractions. Drawing from his own experience as a physician and business owner, he offers actionable solutions like time blocking, setting SMART goals, and prioritizing high-impact tasks to help you stay on track. Whether you’re launching a coaching practice, online course, or other venture, these strategies will empower you to work smarter, avoid burnout, and keep your side hustle moving forward. Three Actionable Takeaways: Boost Motivation with Accountability – Find a mentor or peer group to stay motivated and break down daunting tasks into manageable steps. Focus on High-Impact Tasks – Use the Eisenhower Matrix or prioritize three key daily tasks to drive your business forward, avoiding low-value distractions like perfecting logos. Eliminate Distractions – Turn off notifications, time block your work, and check email only at set times (e.g., 10 AM or 4 PM) to maintain focus. About the Show: Bootstrap MD is the ultimate podcast for physician entrepreneurs looking to break free from traditional healthcare careers and take control of their financial futures. Hosted by Dr. Mike Woo-Ming, a successful physician, entrepreneur, and investor, the show provides actionable insights on starting and scaling businesses, creating passive income, and navigating the evolving landscape of healthcare entrepreneurship. Each episode features real-world advice from industry leaders, including physicians who have built thriving businesses, investors who have leveraged healthcare innovation, and experts in telemedicine, medical consulting, and digital health. Whether you're looking to start a telemedicine practice, create an online business, or explore non-clinical career options, Bootstrap MD delivers practical strategies to help you succeed. Tune in weekly for inspiring interviews, deep dives into business models, and step-by-step guidance on turning your medical expertise into a profitable, fulfilling career—without sacrificing your well-being. About the Host: Through two decades of experience as a physician entrepreneur, Dr. Mike Woo-Ming has built and sold two seven-figure companies in the online marketing and lead software industry. He is also a physician practice owner, currently running multiple successful medical clinics. He founded BootstrapMD, a consultancy firm, to help empower physician entrepreneurs through live events, courses, and coaching. Dr. Mike is also the CEO of Executive Medical, a boutique medical practice specializing in age management, weight loss, and aesthetics. As a co-owner and medical director of several clinics, he helps other doctors transition into business ownership. To learn more, read his book, The Positioned Physician: Earn More, Work Smart, Love Medicine Again, available on Amazon. Let’s Connect: Start building your business today. Learn more at: Want to start your own podcast? Check out Doctor Podcast Network.
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EP291 - The Fast Track to Becoming a Physician Author
04/30/2025
EP291 - The Fast Track to Becoming a Physician Author
Sponsored by: Set For Life Set For Life Insurance helps doctors safeguard their future with True Own Occupational Disability Insurance. A single injury or illness can change everything, but the best physicians plan ahead. Protect your income and secure your future before life makes the choice for you. Your career deserves protection—act now at ______________ In this episode, Dr. Mike Woo-Ming dives into the power of physician authorship and how writing a book can elevate your career as a healthcare entrepreneur. From building content-based trust to commanding higher fees for speaking and consulting, a book positions you as an authority in your field. Dr. Woo-Ming breaks down the myths—like needing a publisher or not having enough time—and shares how AI tools like ChatGPT and Claude have revolutionized the writing process, making it faster and more accessible. He also introduces his upcoming Physician Author Blueprint course, a three-day intensive to help physicians create a book framework, leverage AI, and explore publication pathways. Whether you’re aiming to attract patients, land speaking gigs, or create digital products, this episode is packed with insights to get you started. Three Actionable Takeaways: Define Your Book’s Foundation Early – Identify your target audience and unique angle before writing to ensure your book resonates and stands out. Use your clinical or nonclinical experiences to craft a compelling narrative. Leverage AI for Faster Writing – Use AI tools like ChatGPT to overcome writer’s block, generate outlines, and create content efficiently, cutting down the time needed to complete your manuscript. Self-Publish for Control and Profit – Opt for self-publishing platforms like Amazon to retain creative control and maximize revenue, avoiding the need for traditional publishers. About the Host: Through two decades of experience as a physician entrepreneur, Dr. Mike Woo-Ming has built and sold two seven-figure companies in the online marketing and lead software industry. He is also a physician practice owner, currently running multiple successful medical clinics. He founded BootstrapMD, a consultancy firm, to help empower physician entrepreneurs through live events, courses, and coaching. Dr. Mike is also the CEO of Executive Medical, a boutique medical practice specializing in age management, weight loss, and aesthetics. As a co-owner and medical director of several clinics, he helps other doctors transition into business ownership. To learn more, read his book, The Positioned Physician: Earn More, Work Smart, Love Medicine Again, available on Amazon. Let’s Connect: Start building your business today. Learn more at: Want to start your own podcast? Check out Doctor Podcast Network
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EP290 - From Side Gig to Full-Time: Mastering Telemedicine with Air Academy
04/23/2025
EP290 - From Side Gig to Full-Time: Mastering Telemedicine with Air Academy
This episode is sponsored by: Set For Life Set for Life Insurance helps doctors safeguard their future with True Own Occupational Disability Insurance. A single injury or illness can change everything, but the best physicians plan ahead. Protect your income and secure your future before life makes the choice for you. Your career deserves protection—act now at . __________ Telemedicine is transforming healthcare, and physicians are at the forefront of this revolution. In this episode, Dr. Mike Woo-Ming welcomes back Dr. Suneer Chander and Dr. Takashi Nakamura, founders of Air Physician Academy, to discuss how doctors can thrive in the telemedicine space. From obtaining multiple state licenses to diversifying income through multiple contracts, they share actionable insights on building a flexible, fulfilling, and profitable telemedicine career. The duo also dives into the evolution of Air Physician Academy, which has trained over 110 physicians through its Elite and Launch programs. They debunk common misconceptions about telemedicine, highlight opportunities for specialists, and share success stories of doctors who’ve transitioned to thriving telemedicine careers. Whether you’re curious about telemedicine as a side gig or ready to go all-in, this episode offers practical strategies to navigate the digital health landscape. Three Actionable Takeaways: Pursue Multiple State Licenses – Expand your reach and income potential by obtaining licenses in multiple states. Use a licensing specialist to streamline the process and reduce administrative burdens. Diversify Income with 5-7 Contracts – Mitigate risk by working with multiple telemedicine companies as an independent contractor, ensuring flexibility and stability. Join a Community – Connect with like-minded physicians through programs like Air Physician Academy to share resources, templates, and insights for success in telemedicine. Let’s Connect: Start building your telemedicine career today. Learn more about Air Physician Academy at: Want to start your own podcast? Check out .
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EP289: How to Attract Clients and Scale Your Coaching Practice for Free
04/16/2025
EP289: How to Attract Clients and Scale Your Coaching Practice for Free
This episode is sponsored by: Set For Life Set for Life Insurance helps doctors safeguard their future with True Own Occupational Disability Insurance. A single injury or illness can change everything, but the best physicians plan ahead. Protect your income and secure your future before life makes the choice for you. Your career deserves protection—act now at . ______ Building a physician coaching or consulting business is rewarding, but without clients, it’s tough to succeed. In this episode, Dr. Mike Woo-Ming dives into seven free strategies to help you attract clients and scale your practice. From harnessing the power of referrals to creating a book or hosting your own event, these methods focus on providing value, building trust, and establishing your authority. Whether you’re just starting out or looking to grow your existing practice, Dr. Woo-Ming’s practical tips will help you shift your mindset about marketing, focus on education, and take actionable steps to connect with your ideal clients. Three Actionable Takeaways: Ask for Referrals – Over 90% of clients are willing to refer, but only 11% are asked. Start asking current clients, friends, and networks to recommend your services. Build Your Email List – Send regular emails with valuable content (75% education, 25% sales) to stay top-of-mind and establish authority. Focus on One Medium – Whether it’s podcasting, writing, or video, excel in one platform and repurpose that content across other channels to maximize reach. About the Show: Bootstrap MD is the ultimate podcast for physician entrepreneurs looking to break free from traditional healthcare careers and take control of their financial futures. Hosted by Dr. Mike Woo-Ming, a successful physician, entrepreneur, and investor, the show provides actionable insights on starting and scaling businesses, creating passive income, and navigating the evolving landscape of healthcare entrepreneurship. Each episode features real-world advice from industry leaders, including physicians who have built thriving businesses, investors who have leveraged healthcare innovation, and experts in telemedicine, medical consulting, and digital health. Whether you're looking to start a telemedicine practice, create an online business, or explore non-clinical career options, Bootstrap MD delivers practical strategies to help you succeed. Tune in weekly for inspiring interviews, deep dives into business models, and step-by-step guidance on turning your medical expertise into a profitable, fulfilling career—without sacrificing your well-being. About the Host: Through two decades of experience as a physician entrepreneur, Dr. Mike Woo-Ming has built and sold two seven-figure companies in the online marketing and lead software industry. He is also a physician practice owner, currently running multiple successful medical clinics. He founded BootstrapMD, a consultancy firm, to help empower physician entrepreneurs through live events, courses, and coaching. Dr. Mike is also the CEO of Executive Medical, a boutique medical practice specializing in age management, weight loss, and aesthetics. As a co-owner and medical director of several clinics, he helps other doctors transition into business ownership. To learn more, read his book, The Positioned Physician: Earn More, Work Smart, Love Medicine Again, available on Amazon. Let’s Connect: Start building your business today. Learn more at: Want to start your own podcast? Check out . https://www.doctorpodcastnetwork.co/
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Ep288: Revolutionizing Healthcare with Crowd Health’s Community-Powered Alternative
04/09/2025
Ep288: Revolutionizing Healthcare with Crowd Health’s Community-Powered Alternative
This episode is sponsored by: Set For Life Set for Life Insurance helps doctors safeguard their future with True Own Occupational Disability Insurance. A single injury or illness can change everything, but the best physicians plan ahead. Protect your income and secure your future before life makes the choice for you. Your career deserves protection—act now at ________ Health insurance is a pain point for doctors and patients, with skyrocketing costs, denied claims, and endless red tape. In this episode, Dr. Mike Woo-Ming sits down with Andy Schoonover, founder and CEO of Crowd Health, a revolutionary platform that’s flipping the script on healthcare. By leveraging crowdfunding and cash payments, Crowd Health eliminates the middleman, secures massive discounts, and fosters a community where members support each other’s medical bills from routine visits to million-dollar emergencies. Andy shares his journey from running a healthcare tech company to ditching insurance after a denied $8,000 claim for his daughter’s ear surgery. He explains how Crowd Health’s peer-to-peer model works, why it’s a lifeline for cash-based physicians, and how it’s saving members up to 50% compared to traditional insurance. Whether you’re a physician tired of fighting insurers, an entrepreneur seeking better healthcare options, or simply curious about the future of medicine, this episode will inspire you to rethink how healthcare can work. Tune in to discover real-world success stories, the benefits for independent practices, and why clinicians and entrepreneurs are flocking to Crowd Health to take back control of healthcare. Three Actionable Takeaways: Explore Cash-Based Care for Your Practice – Independent physicians can join Crowd Health’s database at joincrowdhealth.com to attract cash-paying patients, reduce billing hassles, and get paid faster without insurance delays. Consider Community Funding for Yourself – If you’re uninsured or facing high deductibles, Crowd Health’s $55/month per person plan (plus community contributions) offers a cost-effective alternative to traditional insurance—sign up anytime with no open enrollment. Prioritize Metabolic Health for Savings – Crowd Health’s longevity program incentivizes wellness with discounts for healthy metrics like low visceral fat or fasting insulin, helping you save on contributions while improving outcomes. About the Show: Bootstrap MD is the ultimate podcast for physician entrepreneurs looking to break free from traditional healthcare careers and take control of their financial futures. Hosted by Dr. Mike Woo-Ming, a successful physician, entrepreneur, and investor, the show provides actionable insights on starting and scaling businesses, creating passive income, and navigating the evolving landscape of healthcare entrepreneurship. Each episode features real-world advice from industry leaders, including physicians who have built thriving businesses, investors who have leveraged healthcare innovation, and experts in telemedicine, medical consulting, and digital health. Whether you're looking to start a telemedicine practice, create an online business, or explore non-clinical career options, Bootstrap MD delivers practical strategies to help you succeed. Tune in weekly for inspiring interviews, deep dives into business models, and step-by-step guidance on turning your medical expertise into a profitable, fulfilling career—without sacrificing your well-being. About the Guest: Andy Schoonover is the founder and CEO of Crowd Health, a community-powered alternative to health insurance that uses crowdfunding to help members pay healthcare bills with cash, securing significant discounts. Previously, Andy led VRI, a healthcare tech company focused on remote patient monitoring for chronic conditions. A graduate of the University of Virginia and Stanford University’s Graduate School of Business, Andy started Crowd Health in 2021 after personal frustrations with insurance denials, building a platform that now serves 10,000 members and supports independent physicians. Crowd Health Website: LinkedIn: About the Host: Through two decades of experience as a physician entrepreneur, Dr. Mike Woo-Ming has built and sold two seven-figure companies in the online marketing and lead software industry. He is also a physician practice owner, currently running multiple successful medical clinics. He founded BootstrapMD, a consultancy firm, to help empower physician entrepreneurs through live events, courses, and coaching. Dr. Mike is also the CEO of Executive Medical, a boutique medical practice specializing in age management, weight loss, and aesthetics. As a co-owner and medical director of several clinics, he helps other doctors transition into business ownership. To learn more, read his book, The Positioned Physician: Earn More, Work Smart, Love Medicine Again, available on Amazon. Let’s Connect: Start building your business today. Learn more at: Want to start your own podcast? Check out Doctor Podcast Network: https://www.doctorpodcastnetwork.co/
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Ep287: Safeguarding Your Physician Career with Disability Insurance Insights from Jamie Fleischner
04/02/2025
Ep287: Safeguarding Your Physician Career with Disability Insurance Insights from Jamie Fleischner
This episode is sponsored by: Set For Life Set for Life Insurance helps doctors safeguard their future with True Own Occupational Disability Insurance. A single injury or illness can change everything, but the best physicians plan ahead. Protect your income and secure your future before life makes the choice for you. Your career deserves protection—act now at . ______ As physicians, our ability to earn is our greatest asset—yet a single injury or illness can derail everything. In this episode, Dr. Mike Woo-Ming sits down with Jamie Fleischner, president and founder of Set for Life Insurance, a company that has guided over 30,000 physicians since 1993. Jamie shares her expertise on disability insurance, focusing on the unique benefits of Guaranteed Standard Issue (GSI) policies that skip medical underwriting and ensure coverage regardless of preexisting conditions. From the importance of "own occupation" definitions to the pitfalls of relying solely on employer-provided plans, Jamie offers practical advice for physicians at all stages—whether you’re a resident, a mid-career doctor, or transitioning to a new path like private practice or entrepreneurship. She also highlights common misconceptions, red flags to watch for when shopping for policies, and why timing is everything when securing coverage. Tune in to learn how to protect your income, navigate career shifts, and ensure your financial future, no matter what life throws your way. Three Actionable Takeaways: Secure Coverage Early – Disability insurance gets more expensive and harder to obtain as you age or develop health issues. Act during training or while you have verifiable W2 income for the best rates and options. Prioritize "Own Occupation" Policies – Ensure your policy covers your specific specialty, so you’re protected even if you pivot to another role or career without losing benefits. Reevaluate Regularly – Life changes like career transitions, income shifts, or paying off debt are key moments to adjust your coverage—don’t set it and forget it. About Guest: Jamie Fleischner is the founder and president of Set for Life Insurance, a company dedicated to helping physicians secure disability and life insurance since 1993. With over 30 years of experience, she has worked with more than 30,000 doctors across the country, offering tailored solutions like Guaranteed Standard Issue (GSI) disability insurance. Inspired by her personal experience caring for her mother during a double lung transplant, Jamie is passionate about ensuring physicians protect their income and financial stability. Set for Life Insurance Website: About the Host: Through two decades of experience as a physician entrepreneur, Dr. Mike Woo-Ming has built and sold two seven-figure companies in the online marketing and lead software industry. He is also a physician practice owner, currently running multiple successful medical clinics. He founded BootstrapMD, a consultancy firm, to help empower physician entrepreneurs through live events, courses, and coaching. Dr. Mike is also the CEO of Executive Medical, a boutique medical practice specializing in age management, weight loss, and aesthetics. As a co-owner and medical director of several clinics, he helps other doctors transition into business ownership. To learn more, read his book, The Positioned Physician: Earn More, Work Smart, Love Medicine Again, available on Amazon. Let’s Connect: Start building your business today. Learn more at: www.bootstrapmd.com Want to start your own podcast? Check out .
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Ep286: How physicians can overcome fear and embrace career transitions with Dr. Maiysha Clairborne
03/26/2025
Ep286: How physicians can overcome fear and embrace career transitions with Dr. Maiysha Clairborne
This episode is sponsored by: Set For Life Set for Life Insurance helps doctors safeguard their future with True Own Occupational Disability Insurance. A single injury or illness can change everything, but the best physicians plan ahead. Protect your income and secure your future before life makes the choice for you. Your career deserves protection—act now at . ______ As physicians, our identity is often deeply tied to our profession. What happens when we consider stepping away from clinical practice or transitioning into a new career? In this episode, Dr. Maiysha Clairborne discusses the emotional and psychological hurdles physicians face when leaving or reducing their role in medicine. Dr. Clairborne, explains how the conditioning from medical training shapes our fears and beliefs. She delves into strategies for overcoming guilt, reprogramming limiting beliefs, and exploring new career paths that align with our values and skills. Whether you’re considering non-clinical opportunities, entrepreneurship, or just looking for a more balanced work-life dynamic, this episode provides actionable insights for making empowered career choices. Three Actionable Takeaways: Recognize and Challenge Your Conditioning – Many of the fears associated with career changes stem from deeply ingrained beliefs. Identifying these patterns can help reframe your perspective. Embrace a Growth Mindset – Leaving or altering your medical career does not mean losing your identity. Instead, it’s an opportunity to leverage your skills in new and fulfilling ways. Seek Support and Guidance – Whether through coaching, mentorship, or community groups, surrounding yourself with supportive voices can make transitions smoother and less daunting. About the Guest: Dr. Maiysha Clairborne is an integrative medicine physician, internationally known speaker, author & Master Hypnotherapist & Teacher of NLP and Hypnosis. She helps people transform their lives by helping them master their mindset & communication, eliminating fear, self-doubt, & negative emotions that get in the way of their success. Dr. Maiysha Clairborne’s website: Dr. Maiysha Clairborne’s Physician Coaches Profile: About the Host: Through two decades of experience as a physician entrepreneur, Dr. Mike Woo-Ming has built and sold two seven-figure companies in the online marketing and lead software industry. He is also a physician practice owner, currently running multiple successful medical clinics. He founded BootstrapMD, a consultancy firm, to help empower physician entrepreneurs through live events, courses, and coaching. Dr. Mike is also the CEO of Executive Medical, a boutique medical practice specializing in age management, weight loss, and aesthetics. As a co-owner and medical director of several clinics, he helps other doctors transition into business ownership. To learn more, read his book, The Positioned Physician: Earn More, Work Smart, Love Medicine Again, available on Amazon. Let’s Connect: Start building your business today. Learn more at: Want to start your own podcast? Check out
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285: From Employee to CEO – The Mindset Shift Physicians Need
03/19/2025
285: From Employee to CEO – The Mindset Shift Physicians Need
This episode is sponsored by: Set For Life Set for Life Insurance helps doctors safeguard their future with True Own Occupational Disability Insurance. A single injury or illness can change everything, but the best physicians plan ahead. Protect your income and secure your future before life makes the choice for you. Your career deserves protection—act now at . ________ Many physicians are looking for ways to achieve financial freedom beyond the traditional medical career path. In this episode, Dr. Mike Woo-Ming breaks down the mindset shift required to transition from an employee mindset to a CEO mindset. He explains why physicians must start thinking like business owners, embrace risk, and move beyond trading time for money. Dr. Mike Woo-Ming shares his personal journey of leaving corporate medicine, starting multiple businesses, and how strategic thinking has allowed him to gain financial independence. He also highlights common obstacles physicians face, including fear of failure and resistance to delegation. This episode is packed with actionable insights for doctors looking to take charge of their financial and professional futures. Three Actionable Takeaways: Start Thinking Like a CEO Today: Recognize that your career is your business and explore ways to increase revenue beyond patient visits. Stop Trading Time for Money: Identify scalable income opportunities, such as real estate, consulting, or business ownership. Embrace Risk and Make Decisions: Get comfortable making fast, calculated decisions and surround yourself with like-minded entrepreneurs. Let’s Connect: Start building your business today. Learn more at: Want to start your own podcast? Check out
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284: How I Retired at 34: Dr. Mike Woo-Ming Reveals His Wealth-Building Secrets
03/12/2025
284: How I Retired at 34: Dr. Mike Woo-Ming Reveals His Wealth-Building Secrets
This episode is sponsored by: Set For Life Set for Life Insurance helps doctors safeguard their future with True Own Occupational Disability Insurance. A single injury or illness can change everything, but the best physicians plan ahead. Protect your income and secure your future before life makes the choice for you. Your career deserves protection—act now at _____________ Many physicians are looking for ways to achieve financial freedom beyond the traditional medical career path. In this episode, Dr. Mike Woo-Ming breaks down the seven essential wealth-building habits that have allowed him and other physicians to build successful businesses, diversify income, and gain control over their time. Dr. Mike shares his journey—leaving corporate medicine at 34, building and selling businesses, and ultimately creating a life where he works on his own terms. He also discusses the common mistakes physicians make with money and how to develop a wealth-building mindset. Three Actionable Takeaways: Live Below Your Means: Avoid unnecessary spending and prioritize investing in income-generating assets. Invest in Yourself: Continuously improving your skills, whether through education, mentorship, or networking, will lead to greater financial opportunities. Focus on Revenue-Generating Assets: Instead of chasing multiple income streams simultaneously, concentrate on building one successful income stream before diversifying. Let’s Connect Start Building Your Business(es) Today. Learn more here: Learn more at: Want to start your own podcast? Check out Doctor Podcast Network!
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283: Exploring Non-Clinical Careers with Dr. John Jurica
03/05/2025
283: Exploring Non-Clinical Careers with Dr. John Jurica
This episode is sponsored by: Set for Life Insurance helps doctors safeguard their future with True Own Occupational Disability Insurance. A single injury or illness can change everything, but the best physicians plan ahead. Protect your income and secure your future before life makes the choice for you. Your career deserves protection—act now at _____ Physicians often feel stuck in traditional roles, but there are countless non-clinical and non-traditional career paths available. In this episode, Dr. John Jurica shares his experiences as a hospital CMO, entrepreneur, and consultant. With host Dr. Mike Woo-Ming, Dr. Jurica discusses the growing demand for alternative careers, the mindset shift required to break free from conventional paths, and the rise of remote opportunities post-pandemic. They explore the top non-traditional careers for physicians today, highlighting how the pandemic accelerated the rise of remote medical jobs. From new graduates to retirees, more physicians are seeking alternative paths, driven by the need for flexibility and control. They discuss the importance of building a scalable, sellable business and the benefits of medical writing, legal consulting, and running a healthcare-related business as viable, rewarding career options. Three Actionable Takeaways: 1️. Mindset Shift is Key – Leaving traditional medicine requires a shift from employee to entrepreneur. Physicians must embrace business skills and seek mentorship. 2️. Leverage Existing Skills – Careers like medical writing, consulting, and telemedicine allow physicians to use their expertise in new ways without starting from scratch. 3. Build an Asset, Not Just a Job – Physicians who create scalable businesses, like med spas or senior care services, can eventually sell them for significant profit. Let’s Connect Start Building Your Business(es) Today. Learn more here: Want to start your own podcast? Check out Doctor Podcast Network!
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282: The Doctor’s Guide to Building an Online Presence With Dr Mike Woo-Ming and Dr. Anne Truong
02/26/2025
282: The Doctor’s Guide to Building an Online Presence With Dr Mike Woo-Ming and Dr. Anne Truong
This episode features Dr. Mike Woo-Ming and Dr. Anne Truong discussing why doctors should use social media to grow their careers. Traditional ways of getting patients, like newspaper ads and referrals, are becoming less effective. COVID-19 showed the importance of having an online presence. With their expertise, doctors can easily share valuable information and reach more people through platforms like YouTube. This helps build trust, attract patients, and even create new income opportunities. They encourage doctors to start making content and using social media to secure their future. Three Actionable Takeaways: Doctors Need an Online Presence – Traditional ways of attracting patients, like newspaper ads and referrals, are no longer reliable. Social media helps doctors stay visible and reach more people. Social Media Can Grow Your Practice – Platforms like YouTube and Facebook allow doctors to educate, build trust, and even attract patients from across the country or worldwide. Start Now, Even If It's Not Perfect – Many doctors hesitate because they feel they’re not tech-savvy, but starting with simple content and improving over time is key. The barrier to entry is low, and taking action is the most important step. Let’s Connect Start Building Your Business(es) Today. Learn more here: Want to start your own podcast? Check out Doctor Podcast Network!
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281: Why Income Diversification Is Essential For Doctors: How To Work Smarter, Not Harder
02/18/2025
281: Why Income Diversification Is Essential For Doctors: How To Work Smarter, Not Harder
Dr. Anne Truong and Dr. Mike Woo-Ming discuss the importance of income diversification for physicians, highlighting how traditional medical careers often lead to burnout due to high workloads and limited fulfillment. They emphasize the need for doctors to work smarter, not harder. They both share their rigour and transitioning from conventional medicine practice to entrepreneurship. Dr. Anne Troung shares her realization of the value of working on her business rather than in it, by leveraging systems to create sustainable and scalable income streams. They also stress the importance of investing in oneself, whether through personal development by acquiring new skills like negotiation and marketing, or building revenue-generating assets. Dr. Truong reveals she has 18 income streams, purely derived from her medical expertise, and not stocks nor real estate. They encourage physicians to think beyond clinical work, and leverage their knowledge to create passive income through consulting, speaking or online ventures. Ultimately, the message is one of empowerment, that doctors don’t have to stay stuck in a cycle of burnout or "golden handcuffs", but to invest in themselves, explore new opportunities and build systems that work for them. Three Actionable Takeaways Work on your business, and NOT in your business. Build systems and processes that allow it to run without your constant involvement. Systems make for sustainability and enhanced efficiency. DON'T trade time for money Work smarter, not harder! Think of other ways to leverage your medical expertise and generate income outside the consulting room. Self-investment is the highest form of investing. Build yourself to be more valuable by learning skills like marketing, leadership, the art of negotiation, building networks etc. Let’s Connect Start Building Your Business(es) Today. Learn more here: Want to start your own podcast? Check out Doctor Podcast Network!
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280: How Physicians Can Use Marketing To Increase Impact And Income (New Segment!)
02/13/2025
280: How Physicians Can Use Marketing To Increase Impact And Income (New Segment!)
BootstrapMD is evolving! This episode introduces a new co-host, Dr. Anne Truong, joining Dr. Mike Woo-Ming to explore key strategies for physician marketing and business growth. — Have you ever considered how important marketing could be for your medical career? In this episode, Dr. Anne Truong and Dr. Mike Woo-Ming sit down to discuss the importance of marketing for physicians. They point out that many doctors lack business training and marketing knowledge, which is crucial in an era of declining insurance reimbursements and the shift toward fee-for-service models. Marketing, they explain, is about making people aware of who you are and what you offer—essential for both practice owners and those building personal brands. They address the common misconception that marketing is “salesy” or beneath doctors, reframing it as ethical persuasion and education. Physicians already persuade patients daily regarding treatments and diagnoses. The hosts emphasize that doctors have credibility and expertise but need a following to make an impact. They advocate leveraging online platforms for education and outreach. 3 Actionable Takeaways Embrace Marketing as Education – Instead of viewing marketing as “salesy,” think of it as an extension of your role as a doctor. Use social media, blogs, or videos to share valuable health information, positioning yourself as a trusted expert. Build Your Online Presence – Whether you're in private practice or employed, patients will look you up online. Ensure your website, social media profiles, and online reviews reflect your expertise and credibility. Engage with your audience through content that resonates with them. Target the Right Audience – Effective marketing isn’t about reaching everyone; it’s about reaching the right people. Identify your ideal patients, tailor your messaging to their needs, and use platforms where they spend time, such as Facebook, LinkedIn, or YouTube. Let’s Connect Start Building Your Business(es) Today. Learn more here: Want to start your own podcast? Check out Doctor Podcast Network!
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279: Goal Setting 2025—Six Steps to Build Your Dream Career and Life
01/23/2025
279: Goal Setting 2025—Six Steps to Build Your Dream Career and Life
Short Description Dr. Mike Woo-Ming shares his six-step GG6 system for goal setting, designed to help physicians overcome burnout and take control of their careers and lives. Learn how to set impactful goals, create actionable plans, and reassess to stay on track. Show Summary In this episode of BootstrapMD, Dr. Mike Woo-Ming revisits his GG6 system—a framework he designed to help physician entrepreneurs set and achieve meaningful goals. He breaks down the six steps, emphasizing the importance of specificity, deadlines, actionable systems, and periodic reassessment. By applying this method, listeners can regain control of their time, reduce burnout, and take steps toward building their dream careers and lives. 3 Actionable Takeaways [1] Prioritize Your Goals with Impact in MindStart by listing 10–20 goals across different areas of your life (career, finances, relationships, personal growth). Then, narrow it down to the top 3 that will have the most profound impact on your happiness, financial security, or career fulfillment. [2] Make Your Goals SMARTTransform general aspirations into Specific, Measurable, Achievable, Relevant, and Time-bound goals. For example, instead of saying "I want to make more money," set a goal like "Generate $10,000/month from my consulting business by December 31, 2025." [3] Establish a System and Stick to ItCreate a structured system to break your goals into smaller actionable steps. Allocate specific time each week to work on these steps and be disciplined about protecting that time from distractions. Regularly reassess your progress and be willing to pivot if necessary. Let’s Connect Start Building Your Business(es) Today. Learn more here: Want to start your own podcast? Check out Doctor Podcast Network!
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278: 7 Trends Shaping Healthcare Entrepreneurship in 2025
01/14/2025
278: 7 Trends Shaping Healthcare Entrepreneurship in 2025
Short Description Dr. Mike Woo-Ming explores seven key trends reshaping medicine in 2025, including AI, value-based care, personalized medicine, and digital health innovations. Show Summary Sign up for the Design Your 2025 Income Strategy Masterclass on January 15, 2025 at 8:30p EST! Only $47! Go . — Dr. Mike Woo-Ming takes a step back to look at the seismic shifts happening in medicine today. As healthcare continues to evolve, he challenges physicians to ask themselves: Are you reacting to change, or are you driving it? In this episode, Dr. Woo-Ming explores seven key trends shaping the future of medicine: artificial intelligence, value-based care, navigating Medicare reimbursement declines, digital health innovations, personalized medicine, healthcare consumerism, and the untapped potential of clinical research. More than a guide to these trends, he offers a vision for how doctors can move beyond survival mode to find fulfillment and leadership in an ever-changing field. This is a call to action for physicians to take back control of their careers and their lives, harnessing these shifts as opportunities for growth and impact. 3 Actionable Takeaways 1) Reimagine What Success Looks Like: Take stock of your practice, identify where you can innovate, and focus on changes that align with your values and the outcomes you want to create. 2) Invest in the Tools of Tomorrow: Start small, stay curious, and use AI tools to amplify—not replace—your role as a physician. 3) Lead with Impact, Not Reaction: Declining reimbursements and system inefficiencies are frustrating, but focus on what you can control—like offering unique services or collaborating with like-minded professionals. Let’s Connect Start Building Your Business(es) Today. Learn more here: Want to start your own podcast? Check out Doctor Podcast Network!
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277: Your Shortcut to Launching and Growing a Successful Podcast
11/20/2024
277: Your Shortcut to Launching and Growing a Successful Podcast
In this episode of Bootstrap MD, I'm excited to be joined by Dr. Bradley Block from The Physician's Guide to Doctoring and Dr. Jimmy Turner from Money Meets Medicine to discuss our launch of Doctor Podcast Network. Together with podcast industry veteran Desiree Leos, we're building something I'm really passionate about – a supportive ecosystem for physicians who want to get into podcasting. We each shared our personal journeys and the struggles we faced, like finding time to produce episodes, dealing with editing headaches, and figuring out how to build an audience. With Doctor Podcast Network, we're removing these obstacles by providing a clear step-by-step roadmap, white-glove services, and what I'm most excited about – a strong community of like-minded professionals. As podcasting continues to grow, we believe it's crucial to have more physician voices in the media landscape, sharing our expertise, building our personal brands, and connecting with broader audiences. Doctor Podcast Network - Get a sneak peek! SUBSCRIBE TO OUR FREE NEWSLETTER - THE LOUNGE: Get your weekly dose of tech trends, investment tips, and entrepreneurial insights designed for the ambitious physician! Our Podcast Sponsor: Doc 2 Doc Lending - Affordable loans for the busy forward-thinking physician PhysicianCoaches.com The #1 Doctor Directory for Physician Coaches, Consultants, and Mentors
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276: How to Go Insurance-Free in 2025: A Physician's Survival Guide
11/13/2024
276: How to Go Insurance-Free in 2025: A Physician's Survival Guide
Dr. Mike Woo-Ming and Dr. Anne Truong tackle a pressing question on many physicians' minds: How will medical practices survive and thrive amid the sweeping healthcare changes coming in 2025? From the looming 2.8% Medicare reimbursement cut to the rising costs of running a practice, they reveal why more doctors are exploring alternatives to the traditional insurance-based model – and why some non-physician practitioners may already be ahead of the curve. Drawing from their clinical and business experience, Drs. Woo-Ming and Truong unpack the surprising truth about cash-based practices: how they can lead to seeing fewer patients while earning more, why membership models might be medicine's "best-kept secret," and what healthcare entrepreneurs can learn from unlikely sources like Massage Envy. The episode offers a fascinating glimpse into how innovative physicians are reshaping their practices to succeed in an uncertain healthcare landscape. Don't miss their exciting announcement about Cash Practice University: a brand-new training program that will show physicians exactly how to build their own thriving cash-based medical practice! Cash Practice University (Call for beta group testers): SUBSCRIBE TO OUR FREE NEWSLETTER - THE LOUNGE: Get your weekly dose of tech trends, investment tips, and entrepreneurial insights designed for the ambitious physician! Our Podcast Sponsor: Doc 2 Doc Lending - Affordable loans for the busy forward-thinking physician PhysicianCoaches.com The #1 Doctor Directory for Physician Coaches, Consultants, and Mentors
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275: Turning Entrepreneurial Hurdles into Triumphs - Lessons from 'The Obstacle is the Way'
10/09/2024
275: Turning Entrepreneurial Hurdles into Triumphs - Lessons from 'The Obstacle is the Way'
Today we're exploring a book that has significantly influenced my approach to medicine and entrepreneurship - Ryan Holiday's "The Obstacle is the Way." As healthcare professionals, we face numerous challenges, from complex regulations to rapid technological changes. Today, we'll delve into how the ancient philosophy of Stoicism, as presented in Holiday's book, can provide us with powerful tools to navigate these obstacles. Drawing from my personal journey - from disillusioned family practitioner to multi-business entrepreneur - we'll discuss practical strategies for reframing challenges as opportunities and cultivating resilience. In this episode, we'll examine how these Stoic principles can be applied in real-world healthcare scenarios. We'll look at historical examples, such as Fleming's discovery of penicillin, to illustrate how embracing obstacles can lead to groundbreaking innovations. Whether you're a physician considering entrepreneurship, an investor interested in healthcare, or simply seeking new ways to approach challenges in your medical career, this episode offers valuable insights. Join us as we explore how to transform regulatory hurdles, market competition, and technological disruptions into stepping stones for success in our ever-evolving healthcare landscape. SUBSCRIBE TO OUR FREE NEWSLETTER - THE LOUNGE: Get your weekly dose of tech trends, investment tips, and entrepreneurial insights designed for the ambitious physician! Our Podcast Sponsor: Doc 2 Doc Lending - Affordable loans for the busy forward-thinking physician PhysicianCoaches.com The #1 Doctor Directory for Physician Coaches, Consultants, and Mentors
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274: From Medicine to Marketing: An Innovative Approach to Physician Coaching Success with Ola Kolawole, MD
09/25/2024
274: From Medicine to Marketing: An Innovative Approach to Physician Coaching Success with Ola Kolawole, MD
Meet Dr. Ola Kolawole, aka “Dr. Ola”, a family medicine physician who has pivoted to help coaches boost their visibility and sales through innovative live studio events. Dr. Ola shares her journey from struggling wellness coach to founding the VIP Speaker Studio Experience, a unique platform that allows coaches to present in a professional studio setting with a virtual audience. She discusses the challenges many coaches face in marketing themselves and acquiring clients, revealing how her two-day event provides a complete package of services to enhance a coach's credibility and reach. Dr. Ola delves into the details of her program, which includes speaker coaching, sales training, and a full media package with professional recordings and photography. She explains how the studio experience mimics high-end speaker setups used by industry leaders, giving coaches a powerful tool to stand out in a crowded market. With insights on the importance of visibility and the impact of professional presentations, this episode offers valuable strategies for physician entrepreneurs looking to elevate their coaching businesses and make a lasting impression on potential clients. The ViP Speaker Studio Experience SUBSCRIBE TO OUR FREE NEWSLETTER - THE LOUNGE: Get your weekly dose of tech trends, investment tips, and entrepreneurial insights designed for the ambitious physician! Our Podcast Sponsor: Doc 2 Doc Lending - Affordable loans for the busy forward-thinking physician PhysicianCoaches.com The #1 Doctor Directory for Physician Coaches, Consultants, and Mentors
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273: Effective Communication Strategies for Physicians with Maiysha Clairborne, MD
09/11/2024
273: Effective Communication Strategies for Physicians with Maiysha Clairborne, MD
Are your texts causing office drama? Is your "instant" communication sabotaging your practice? In this must-hear episode of Bootstrap MD, physician communication expert Dr. Maiysha Clairborne reveals game-changing insights for doctor entrepreneurs. Discover the surprising impact of pandemic-era digital communication, learn a mind-bending email trick that could save your reputation, and uncover the hidden power of emotional intelligence in medicine. Plus, find out the one communication mistake that's costing you respect, time, and money. Tune in for a masterclass in professional communication that will transform how you interact with patients, staff, and colleagues. Don't miss this career-altering episode – your practice might depend on it! Dr. Maiysha Clairborne - Mind Remapping Academy SUBSCRIBE TO OUR FREE NEWSLETTER - THE LOUNGE: Get your weekly dose of tech trends, investment tips, and entrepreneurial insights designed for the ambitious physician! Our Podcast Sponsor: Doc 2 Doc Lending - Affordable loans for the busy forward-thinking physician PhysicianCoaches.com The #1 Doctor Directory for Physician Coaches, Consultants, and Mentors
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272: Revolutionizing Your Medical Career: From One-to-One to One-to-Many Part 2
08/20/2024
272: Revolutionizing Your Medical Career: From One-to-One to One-to-Many Part 2
In this compelling follow-up to last week's popular episode, we welcome back Dr. Anne Truong to delve deeper into the transformative concept of scaling medical practices from one-to-one patient care to a one-to-many business model. Building on the foundation laid in part one, this episode explores advanced strategies and real-world applications, including creating online courses, growing your YouTube channel, automating patient education, and developing digital products. Dr. Truong shares additional insights on effective content strategies and leveraging expertise to attract ideal patients. We address common challenges faced by physicians when implementing these strategies, offering practical solutions and mindset shifts to overcome them. They discuss the importance of niching down and becoming the go-to expert in a specific area, providing concrete examples of how to identify and dominate your medical niche. As a special bonus, Dr. Truong reveals her step-by-step process for creating high-converting landing pages and shares tips on balancing a traditional practice with a growing online presence. This episode is packed with actionable advice to help you expand your impact and income as a physician entrepreneur. Join us in the upcoming Medical Practice Profits Challenge - Starts August 27! Transform your medical career by learning how to practice from one to one to one to many! For more details: SUBSCRIBE TO OUR FREE NEWSLETTER - THE LOUNGE: Get your weekly dose of tech trends, investment tips, and entrepreneurial insights designed for the ambitious physician! Our Podcast Sponsor: Doc 2 Doc Lending - Affordable loans for the busy forward-thinking physician PhysicianCoaches.com The #1 Doctor Directory for Physician Coaches, Consultants, and Mentors
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271: Revolutionizing Your Medical Practice: From One-to-One to One-to-Many Part 1
08/13/2024
271: Revolutionizing Your Medical Practice: From One-to-One to One-to-Many Part 1
We welcome back frequent guest and fan favorite, Dr. Anne Truong. A successful physiatrist and entrepreneur, Dr. Truong shares her latest insights on transforming medical practices into thriving businesses. Building on her previous appearances, she delves deeper into her journey from a traditional insurance-based model to a cash-based practice, and how she leveraged the challenges of the COVID-19 pandemic to create multiple income streams. Listeners will gain valuable knowledge on transitioning from a one-to-one patient model to a scalable one-to-many approach. Dr. Truong offers fresh perspectives on creating membership-based services, harnessing the power of YouTube for medical professionals, and identifying untapped patient needs. Whether you're a long-time follower of Dr. Truong's advice or new to her strategies, this episode provides essential guidance for physicians looking to innovate their practices and expand their entrepreneurial horizons in today's dynamic healthcare landscape. Join us in the upcoming Medical Practice Profits Challenge - Starts August 27! Transform your medical career by learning how to practice from one to one to one to many! For more details: SUBSCRIBE TO OUR FREE NEWSLETTER - THE LOUNGE: Get your weekly dose of tech trends, investment tips, and entrepreneurial insights designed for the ambitious physician! Our Podcast Sponsor: Doc 2 Doc Lending - Affordable loans for the busy forward-thinking physician PhysicianCoaches.com The #1 Doctor Directory for Physician Coaches, Consultants, and Mentors
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270: The 1% of the 1% - Unleashing Your Hidden Potential
06/26/2024
270: The 1% of the 1% - Unleashing Your Hidden Potential
In this episode, I dive into a topic that's close to my heart - how to get motivated to become an entrepreneur. As physicians, we've already proven our drive by making it through medical school, but taking that leap into entrepreneurship can feel like a whole new challenge. I share some personal insights and strategies that have worked for me and my clients over the years. If you've ever felt stuck in your career or dreamed of branching out on your own, this episode is for you. I break down five key tactics that can help you cross that chasm from employee to entrepreneur. Whether you're just starting to consider a change or you've been mulling it over for years, you'll find actionable advice to help kickstart your journey. Tune in to discover how to tap into your inner drive and take those first crucial steps towards entrepreneurship. Subscribe to Our FREE Newsletter - THE LOUNGE: Get your weekly dose of tech trends, investment tips, and entrepreneurial insights designed for the ambitious physician! Our Podcast Sponsor: Doc 2 Doc Lending - Affordable loans for the busy forward-thinking physician PhysicianCoaches.com The #1 Doctor Directory for Physician Coaches, Consultants, and Mentors
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269: The Unconventional Wisdom That Can Transform Your Practice and Your Life
06/19/2024
269: The Unconventional Wisdom That Can Transform Your Practice and Your Life
I dive into a book that has taken the entrepreneurial world by storm over the past year - "Buy Back Your Time" by Dan Martell. As a physician entrepreneur myself, I've found the principles and strategies outlined in this book to be incredibly valuable, especially for those of us who often feel like there aren't enough hours in the day to accomplish everything we want to achieve. Join me as I explore some of the key concepts from "Buy Back Your Time" that can help you reclaim your freedom, boost your productivity, and build the empire you've always dreamed of. Whether you're a busy doctor working for someone else or you're in the process of starting your own practice, this episode is packed with insights that can transform the way you approach your work and your life. Tune in to discover how you can start buying back your time today! Subscribe to Our FREE Newsletter - THE LOUNGE: Get your weekly dose of tech trends, investment tips, and entrepreneurial insights designed for the ambitious physician! Our Podcast Sponsor: Doc 2 Doc Lending - Affordable loans for the busy forward-thinking physician PhysicianCoaches.com The #1 Doctor Directory for Physician Coaches, Consultants, and Mentors
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