top of page

All Posts
From Employee to CEO – The Mindset Shift Physicians Need
Listen to this episode: play the audio ________ 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 m

Dr. Mike Woo-Ming
3 days ago1 min read
How physicians can overcome fear and embrace career
Listen to this episode: play the audio 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 https://www.doctorpodcastnetwork.co/setforlife. ______ As physicians, our ident

Dr. Mike Woo-Ming
3 days ago2 min read
Safeguarding Your Physician Career with Disability Insurance
Listen to this episode: play the audio ______ 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

Dr. Mike Woo-Ming
3 days ago1 min read
Revolutionizing Healthcare with Crowd Health's
Listen to this episode: play the audio ________ 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 me

Dr. Mike Woo-Ming
3 days ago2 min read
How to Attract Clients and Scale Your Coaching Practice for
Listen to this episode: play the audio ______ 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

Dr. Mike Woo-Ming
3 days ago1 min read
From Side Gig to Full-Time
Listen to this episode: play the audio __________ 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

Dr. Mike Woo-Ming
3 days ago1 min read
The Fast Track to Becoming a Physician Author
Listen to this episode: play the audio ______________ 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 C

Dr. Mike Woo-Ming
3 days ago1 min read
9 Productivity Pitfalls Every Physician Entrepreneur Must
Listen to this episode: play the audio 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

Dr. Mike Woo-Ming
3 days ago2 min read
Reflections from the Momentum MD Spring Retreat
Listen to this episode: play the audio ___________ 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 deci

Dr. Mike Woo-Ming
3 days ago1 min read
Book, Course, or Coaching
Listen to this episode: play the audio ____________ 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

Dr. Mike Woo-Ming
3 days ago1 min read
How Letting Go Can Help You Grow: A Doctor's Guide to Freedom
Listen to this episode: play the audio ____________ 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 succee

Dr. Mike Woo-Ming
3 days ago1 min read
How Doctors Are Monetizing Their Expertise in the Creator
Listen to this episode: play the audio ____________ 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. Clarify Your Why: Clearly define your purpose before creating any content—educ

Dr. Mike Woo-Ming
3 days ago1 min read
How to Systemize Your Business and Survive AI Disruption with
Listen to this episode: play the audio 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

Dr. Mike Woo-Ming
3 days ago2 min read
Financial Blind Spots Doctors Overlook (and How to Fix Them)
Listen to this episode: play the audio 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 plann

Dr. Mike Woo-Ming
3 days ago2 min read
Is Your Business Idea Worth It
Listen to this episode: play the audio 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 entrepre

Dr. Mike Woo-Ming
3 days ago1 min read
300 Episodes Later: 10 Game-Changing Lessons for Physician
Listen to this episode: play the audio _________ 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, fulfillmen

Dr. Mike Woo-Ming
3 days ago2 min read
Why Physicians Are Leaving Insurance-Based Medicine in 2025
Listen to this episode: play the audio ________ 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 ju

Dr. Mike Woo-Ming
3 days ago1 min read
YouTube vs. Podcasting vs. Webinars: Where Should You Focus?
Listen to this episode: play the audio 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. _________ More and more physicians are seeking autonomy through direct pay models, aesthetics, concierge, telemedic

Dr. Mike Woo-Ming
3 days ago2 min read
Buying a Business: A Shortcut to Physician Entrepreneurship
Listen to this episode: play the audio _____________ 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

Dr. Mike Woo-Ming
3 days ago1 min read
Why Systems, Not Goals, Drive Physician Entrepreneur Success
Listen to this episode: play the audio ——————— 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, feel

Dr. Mike Woo-Ming
3 days ago1 min read
bottom of page