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Listen to this episode: play the audio Are you treating your side gig as a business as a hobby? If you're responsible for almost every task in your business, or if your business would completely fall apart without you, then you really are treating it like a hobby. But there is a solution! Delegate or automate. When business buyers look to invest or purchase your business outright, one of the most important things to have are SOPs (Standard Operating Procedures). On this episo

Listen to this episode: play the audio If your business is growing, congratulations! But you will often find that there will come a time when you need some help. But where do you turn? Luckily, the internet has brought about the advent of the virtual assistant. But what kind of tasks should a virtual assistants do? I've made a lot of mistakes when hiring a VA, and I'll share with you 5 of the biggest. Avoid these mistakes, and your business will skyrocket. This episode bears

Listen to this episode: play the audio I consume all types of content when it come to running a business or alternate investing…everything from Audible, Kindle Unlimited, physical books, and even my local library! Even though the year isn't over, I believe I've found my favorites. This week I cover the books that made the most impact for me and my businesses in 2021. Related Link: My 5 Favorite Books in 2019 ===== —————

Listen to this episode: play the audio Entrepreneurship is an amazing avenue to build extra wealth beyond your clinical practice, but it's not for everyone. When I left my job as a family doctor after 5 years, I would not have been successful if I was not mentally, emotionally, and financially prepared, as well as having a network surrounding me to support my "out of the box" endeavors. We all know physician burnout is a real issue, and I've had to say no to mentoring many cl

Listen to this episode: play the audio We are bringing back the BootstrapMD Mailbag, answering your burning entrepreneur questions! You'll find answers to questions such as how to price your speaking gigs, what to do with a failed course launch, and any regrets in leaving clinical medicine. Plus, I give a special dedication that can be found at the end of the episode. ===== —————

Listen to this episode: play the audio A retrospective look at the year that was with excerpts from our BootstrapMD podcast interviews of 2021. There were so many amazing interviews to choose from, that this episode is not complete in any sense of the word! However, if you're looking for motivation, inspiration, or just some great advice from the best physician entrepreneurial minds of today, then I think you'll be pleased with what we've put together. You'll hear their stori

Listen to this episode: play the audio It's the new year! And like all of us, you're thinking about your goals. You know that one of them should be to generate more revenue for yourself and your family. But instead of working more hours, why not use the time to develop a Revenue Generating Asset (RGA). By developing RGAs, we can establish receiving income whether we work or not. As an entrepreneur, this can be anything from a new product or service, or investing in real estat

Listen to this episode: play the audio This episode is for anyone who wants to create an online course! We discussed in the previous podcast episode, I want this to be the year you develop another income stream! Online courses are a great way to generate extra revenue. I'm going to take you through exactly how to go about it - from coming up with a great idea, all the way through creating and delivering your final course. Along the way I'm going to show you a 5 step method I

Listen to this episode: play the audio This is the 10th anniversary of starting my first cash-based medical practice and many of you may not know the story how it got started. You'll discover (warts and all) how the clinic got started and all the lessons learned along the way. If you aspire to start your own practice, or you have a practice now and considering adding more cash-based services, I promise you'll get some value if you tune in to this episode! ===== —————

Listen to this episode: play the audio We're continuing our series on how you can developing revenue generating assets (RGA) for passive income. This week we look at how creating Amazon Kindle eBooks can lead to a sustainable recurring income. My long-time friend and wildly successful online entrepreneur shows how he built a publishing empire with Amazon Kindle Books, writing everything from romance novels to how-to books. There was so many great nuggets of info that we had t

Listen to this episode: play the audio This episode is a continuation of my interview with internet entrepreneur Ty Cohen. In this episode you will learn how his students have made $10,000 a month or more selling everything from romance novels to cookbooks using the Amazon Kindle Publishing platform. Even his family have been involved in the business, getting his son to publish his first Kindle book at 15 years old! We discuss what are the best selling niches and what are are

Listen to this episode: play the audio We all know the importance of being on page one of Google. No one will know about you or your business if you are on page 26! Today we have an Ob-Gyn turned Marketing and SEO (Search Engine Optimization) Expert who helps other doctors and practices get higher ranked on Google and other search engines. She believes all doctors need to learn and understand marketing or get left behind in today's medical environment. Dr. Barbara Hales is a

Listen to this episode: play the audio How has your goal of creating more revenue generating assets (RGA) this year going? If it's a little slower than what you would want, you may get inspiration from my interview with this emergency physician. Chester Zoda, MD was a former New York doctor who was able to replace his clinical income by developing online courses. He now makes his mission to help other healthcare professionals replace their income within 12 months to get into

Listen to this episode: play the audio The definition of generational wealth refers to assets passed by one generation of a family to the next. As a father of an adult autistic son, this topic is obviously very important to me, for as parents we want to make sure he is taken care of when we are gone. In this interview, you'll meet Dr. Param Baladandapani, a radiologist who although was making a good living, she was not doing anything to build passive income and ensure generat

Listen to this episode: play the audio Continuing our interview with Dr. Param Baladandapani, a radiologist who although was making a good living, she was not doing anything to build passive income and ensure generational wealth. Learn her exciting journey and why she says if she knew then what she knows now, she could have cut her time to get to financial freedom IN HALF. Physician Freedom Summit - Learn from 15+ expert speakers who are national experts on burnout interventi

Listen to this episode: play the audio Have you heard of the phrase "House Hacking"? It's essentially where you purchase a property and live in it while renting out the other rooms. This can be done with a single family home, or an apartment complex. It's also a great way to get started investing into real estate without spending (and saving) a lot of money! Today's guest is Dr. Ayush Gupta, a pediatric ER physician and is the founder and CEO of MD House Hacking, who helps me

Listen to this episode: play the audio If you are triggered by the words "crypto" or "Bitcoin" then please skip this episode! If, however you see that cryptocurrency is a tremendous opportunity, then this might be the most important episode you'll listen to all year. On this episode, I share my journey with crypto, and some strategies you may not be aware of that can take advantage of this huge influx of wealth by investing into the blockchain. This is an excerpt of an intima

Listen to this episode: play the audio Take it from me, running a practice can be hard, but the best ROI (Return on Investment) I've ever received was when I started my own business. Someone who knows that full well, is Loyd Hale, the CEO of Modoma, a health and wellness practice based in Dallas, Texas, whose 4 clinics have generated over $100 million dollars! You'll learn Loyd's early struggles, how he moved from just offering massages to full integrative medical services, a

Listen to this episode: play the audio Want to get more traffic to your website offers and campaigns? Most high level entrepreneurs often turn to media ad buying to get fast and effective results. On this episode, you'll meet formerly broke MMA fighter turned traffic expert, Chad Hamzeh, who is the founder of DSV2 media, a wildly successful online direct response agency. Media ad buying is the process of purchasing advertising space in media outlets, such as branded email lis

Listen to this episode: play the audio More doctors are learning the benefits of becoming a practice owner and starting their own direct primary care (DPC) practice. DPC is a primary care model where patients are not billed by insurance, but instead charged a flat recurrent membership fee. Dr. Cynthia Villacis is a direct primary care physician and one of our life coaches at PhysicianCoaches.com. She opened her DPC over 5 years ago after getting burned out as an employed phys