1. Take smart risks in your practice.
Jumping off the proverbial cliff is exciting, living your dream and authentic medical self is rewarding, and will give you the joy of medicine back. When I opened my practice, I left a high paying secure job and maxed out my credit cards to the tune of $150K. Although this was terrifying, I jumped. It was one of the best single decisions I ever made. I did this because…..see #2
2. The best investment you could make is one in yourself.
Investing money into what you love will give back dividends. My father believed in me and imprinted this concept into me very clearly. I knew that if I believed in myself, worked hard and was willing to take some risks, I would be successful. Now it didn’t happen overnight but the journey was a big part of the success and the fun.
3. Believe in what you do and do it for the right reasons.
As I learned over the year different modalities of treatment of HRT for patients I was most intrigued by pellet therapies. As not only a doctor but also a woman who went through menopause at 35, pellets changed my professional and more importantly my personal well-being and life. Frankly, pellets saved my life. When I review treatment plans with my patients, I can personally relate to what they are going through and how it is affecting their lives. Patients can sense if what you are recommending is authentic and comes from an honest place. I have found that many providers are jumping into the field of anti-aging and HRT for financial reasons. Although it is a positive reason for doing so, it shouldn’t be the driving factor
4. Investing in the training of a practical skill that can be used immediately to generate income while you are training is a no brainer.
Many people are surprised when I tell them how much it cost to obtain the proper training for BHRT and pellet insertion through the HHI. However, when you actually run the numbers, most providers gain back the training cost within 1-1 ½ days of patient visits…. And then they are free to gain all the revenues from their activities without franchising fees, long term purchase contracts or other binding obligations. Seems like a great time/money investment to me.
5. Surround yourself with smarter people than yourself.
My dad told me if I was the smartest person in the room, I am in the wrong room. Being successful in business requires the ability to find people who can expand your skill sets, horizons and ways of thinking. Also as providers, we may not always be as business savvy as we should be. We also don’t take business risks that would be easy for the traditional business executive. If you don’t have these skills, take the time to find the right folks to surround yourself with and let the advice you. You don’t need all the answers, just the ability to have a group of people gives you them to decide from. If you want to learn how to incorporate pellet therapy into your practice and implement a business structure to support it, surround yourself with people who have done it before….. and that’s where I come in. I can help! Email me at HHI@drhotflash.com