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7 Hiring Hacks to Ensure an Amazing Team for Your Business
Listen to this episode: play the audio I've hired for my own support staff for my clinics as well as for my online businesses. When hiring for your business, there are a few key strategies that will help ensure you make the best decision for your company. By following these simple tips, you can be sure to hiring amazing employees that will help your business succeed! ===== —————

Dr. Mike Woo-Ming
9 hours ago1 min read
Time Management Tactics for Physician Entrepreneurs
Listen to this episode: play the audio As a physician entrepreneur, time management is key to your success. You have to be able to juggle a lot of different balls and keep all the plates spinning. If you don't manage your time well, things can quickly start to unravel. By following these simple tips, you'll be able to make the most of your time and achieve success as an entrepreneur. ===== —————

Dr. Mike Woo-Ming
9 hours ago1 min read
3 Ways How I Use AI to Build Multiple Streams of Income
Listen to this episode: play the audio AI (Artificial Intelligence) can be a powerful tool if you take the time to train and work the system. For businesses, it can help automate repetitive tasks, analyze data, and communicate with your customers. I even used it to write these show notes! It's not always perfect, but I'm always looking for ways to use AI to improve my business and in my investments. Today I'll share with you three ways where AI has had a tremendous impact as

Dr. Mike Woo-Ming
9 hours ago1 min read
Why He Left His Research Scientist Career to Successfully
Listen to this episode: play the audio Janak and his team create, manage, and scale 5, 6 and 7-figure Paid Ad (most notably in Facebook) campaigns with ROAS(Return on Ad Spend) over 3000%. Janak works with his clients to help them build out their media buying strategy and create results-driven campaigns that generate leads, sales and scale their business. Learn his journey and what you should know before entering the paid advertising world. Enjoy this episode! ===== —————

Dr. Mike Woo-Ming
9 hours ago1 min read
How an Unjust Salary Situation Led to Her Triumphant Launch
Listen to this episode: play the audio What motivates someone wanting to become their own boss? Well, what if you discovered you were being paid 6 figures LESS a year than your less experienced counterparts? That's exactly what happened with Dr. Lanna Cheuck, a board certified urological surgeon. But now she has the last laugh launching 3 successful ventures, acting as the CEO of Lanna Aesthetics, the CEO of FACE Training Center, and the CEO of FACE Med Store. You will discov

Dr. Mike Woo-Ming
9 hours ago1 min read
How These 2 Words Nearly Derailed My Entrepreneurship Journey
Listen to this episode: play the audio Sunk costs can have a big impact on new entrepreneurs, especially those who spent blood, sweat, and tears in another career. Sunk costs can lead entrepreneurs to continue working on a new venture even when it is no longer feasible. Or continuing to invest time and money in a flailng project, despite all the warning signs. On this episode we discuss the awareness of the sunk cost fallacy so that you can make decisions based on what makes

Dr. Mike Woo-Ming
9 hours ago1 min read
5 Reasons Why Physician Entrepreneurs Need to Attend
Listen to this episode: play the audio It's hard to get out of your comfort zone. But if you want your business to thrive, physician entrepreneurs must attend workshops and conferences outside of your industry. Today I discuss 5 reasons how attending conferences (that don't give out CME) changed my life, as well as share insights on the first and last business conference I attended. Take a trip down memory lane with me! MASTERMIND ANNOUNCEMENT! As mentioned on the episode, we

Dr. Mike Woo-Ming
9 hours ago1 min read
Should You Join a Physician Mastermind?
Listen to this episode: play the audio What is a Mastermind? We've discussed masterminds before, but today I'll share what I've learned about hosting one for physicians off and on for over a decade. A mastermind isn't for everybody, but if it's the right fit of individuals, it can skyrocket your business! Plus, get more information on the December mastermind happening in Newport Beach, CA as well as some exciting new faculty members who will be doing us! This s a must listen!

Dr. Mike Woo-Ming
9 hours ago1 min read
Do You Have Money Coming Back to You
Listen to this episode: play the audio If your business struggled through the pandemic like mine did, you may be entitled to receiving money you paid the government coming back to you! It's known as the Employee Retention Credit Program, and there are $400 billion that are available to give back to small business owners. But once the money's gone, it's gone so now' the time to take advantage of it. My friend and business partner Monique Fell goes through the entire process on

Dr. Mike Woo-Ming
9 hours ago1 min read
Escaping the Hamster Wheel in Your Business and Career
Listen to this episode: play the audio The hamster wheel is a metaphor that describes the endless cycle of work that many people feel trapped in. It can leave you feeling overwhelmed, exhausted, and unable to focus on anything but getting through each day as quickly as possible. But getting off this hamster wheel isn't impossible. On this episode, I cover a few strategies that have helped me that you can use to break free from the cycle of busyness and allow yourself some ti

Dr. Mike Woo-Ming
9 hours ago1 min read
How to Price Your Next Product or Program
Listen to this episode: play the audio One of the most important aspects of pricing any product or program is learning how to establish your value while maintaining a fair price. We'll cover a few myths of pricing, why we like to use a price that end with certain numbers, and cover some of my favorite methods you can use to determine what a fair and competitive price might be, depending on your business's needs. Let's cover some pricing strategies to help grow your business!

Dr. Mike Woo-Ming
9 hours ago1 min read
Developing the Perfect Elevator Pitch for Your Business
Listen to this episode: play the audio When crafting your elevator pitch, it's important to focus on the key elements that make your business stand out from the competition. This may include highlighting unique products or services, focusing on an innovative approach to a problem, or emphasizing your company's experience and expertise. Today I will share with you four key factors you need to know when creating your elevator pitch, plus a template you can use to attract your n

Dr. Mike Woo-Ming
9 hours ago1 min read
7 Ways to Cure "Wantrepreneur" Syndrome
Listen to this episode: play the audio Are you tired of being stuck in wantrepreneur syndrome? You know, the feeling of wanting to be an entrepreneur but not taking action to make it happen. Well, there is no time like the present! We will let you the signs of wantrepreneur syndrome, and discuss seven ways to overcome wantrepreneur syndrome and turn that dream into a reality ===== —————

Dr. Mike Woo-Ming
9 hours ago1 min read
The 7 Stages of Physician Entrepreneurship
Listen to this episode: play the audio Are you an entrepreneur in the medical field? Are you just starting out or further along on your entrepreneurial journey? Understanding the seven stages of physician entrepreneurship can help give you insight into where you are and what to do next. On this episode, we discuss where you rank can determine the crucial next steps to reach those once previously unattainable goals. ===== —————

Dr. Mike Woo-Ming
9 hours ago1 min read
Assemble a Loyal and Efficient Superteam for Your Business
Listen to this episode: play the audio In business, as in sports, a good superteam is key to success. But putting together a winning team is harder than it seems. You need the right mix of skills, personalities, and experience. Not to mention, it takes time and money to find the right people and get them up to speed. So how do you create a superteam for your business? In this episode of the podcast, we'll explore 9 strategies for assembling an efficient and loyal team. =====

Dr. Mike Woo-Ming
9 hours ago1 min read
How This Internist Physician Overcame Adversity 3 Times Which
Listen to this episode: play the audio Dr. Liz Aguirre was no stranger to adversity when she first started her career in medicine. She had experienced burnout on three separate occasions and felt lost and uninspired. But ultimately, these struggles led her to discover a passion that changed her life forever: public speaking. By taking the time to reflect on what she truly wanted out of life, she realized that she wanted to use her voice to inspire others, eventually finding a

Dr. Mike Woo-Ming
9 hours ago1 min read
Celebrating 200 Episodes! A Look Back with Some of Our
Listen to this episode: play the audio Welcome to the 200th episode celebration of the BootstrapMD podcast! This week we are bringing back some of our favorite past physician guests, who will share an update on what they're currently doing as well as give insights and advice on starting and running your own business. Excited to be celebrating this bicentennial milestone with all of you today! Special Guests: —————

Dr. Mike Woo-Ming
9 hours ago1 min read
The Best of BootstrapMD - A Look Back at 2022
Listen to this episode: play the audio It's a time of reflection. Join us on an adventure as we travel through the highs and lows of these physician entrepreneurs' journey as we look back at excerpts from some of our favorite episodes for BootstrapMD in 2022. From starting a business from scratch to successfully weathering a global pandemic, our physician entrepreneurs have shown incredible resilience in everything they do. So whether you're just getting your feet wet or alr

Dr. Mike Woo-Ming
9 hours ago1 min read
Ten New Year's Resolutions for the Busy Physician Entrepreneur
Listen to this episode: play the audio At BootstrapMD, the physician entrepreneur podcast, we discuss the unique challenges and opportunities faced by medical professionals who are also business owners. As we enter a new year, many of us are thinking about the changes we want to make in our personal and professional lives. So today, we're sharing 10 New Year's resolutions for the busy physician entrepreneur. These resolutions are designed to help you improve your productivity

Dr. Mike Woo-Ming
9 hours ago1 min read
Nine Common Productivity Killers for Physician Entrepreneurs
Listen to this episode: play the audio Today we're talking about 9 productivity killers that can hurt your success as a physician entrepreneur. These are habits and behaviors that can undermine your productivity and prevent you from reaching your goals. Whether you're just starting out as a doctor entrepreneur or you've been running your own business for years, it's important to stay focused and avoid these productivity killers. We'll discuss how to identify and overcome thes

Dr. Mike Woo-Ming
9 hours ago1 min read
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