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Business Math for Physician Entrepreneurs: Mastering Different Business Models
Manage episode 422842241 series 2964102
✅ [Free Masterclass] 3 ways to attract more patients in 2024: https://entremd.com/go
👉 Ready for the next step? Book a call: https://program.www.entremd.com/call
Business is an economic sport.
While this may seem obvious to many entrepreneurs, for physician entrepreneurs, it’s a bit more complicated because we’re helpers at heart. We’re not trained to look at numbers or make data-driven decisions. We just make decisions based on the kind of help we want to offer.
Sadly, this is exactly why so many physician entrepreneurs struggle to keep afloat.
But don’t worry, I got you. In today’s episode of EntreMD, I explain the basics of business math for physician entrepreneurs. We’ll explore high-ticket vs. low-ticket business models and finally resolve the ever-present money drama around pricing.
Tune in!
Key Takeaways:
- 00:00 Intro
- 02:21 Pricing and volume in different business models
- 08:54 Money drama around raising prices
- 17:18 Articulating value to clients
- 17:50 High ticket vs. low ticket model
- 22:03 Marketing for volume
- 25:47 Recap and outro
—
Additional Resources:
- Learn more about my 12-month program.
- Interested in 1-on-1 coaching? Apply here.
- Grab a copy of the "The EntreMD Method" book.
When you are ready to work with us, here are three ways:
- EntreMD Business School Accelerator - If you are looking to make a 180 turnaround in your business in 90 days, this is the program for you.
- EntreMD Business School Grow - This is our year-long program with a track record of producing physician entrepreneurs who are building 6, 7 and 7+ figure businesses. They do this while building their dream lives!
- EntreMD Business School Scale - This is our high-level mastermind for physicians who have crossed the seven figure milestone and want to build their businesses to be well oiled machines that can run without them.
To get on a call with my team to determine your next best step, go here ...
Chapters
1. Understanding Million Dollar Math (00:00:00)
2. Money Drama in High Ticket Sales (00:09:46)
3. Marketing Strategies for Business Success (00:21:49)
4. Empowerment for Physician Entrepreneurs (00:25:47)
432 episodes
Manage episode 422842241 series 2964102
✅ [Free Masterclass] 3 ways to attract more patients in 2024: https://entremd.com/go
👉 Ready for the next step? Book a call: https://program.www.entremd.com/call
Business is an economic sport.
While this may seem obvious to many entrepreneurs, for physician entrepreneurs, it’s a bit more complicated because we’re helpers at heart. We’re not trained to look at numbers or make data-driven decisions. We just make decisions based on the kind of help we want to offer.
Sadly, this is exactly why so many physician entrepreneurs struggle to keep afloat.
But don’t worry, I got you. In today’s episode of EntreMD, I explain the basics of business math for physician entrepreneurs. We’ll explore high-ticket vs. low-ticket business models and finally resolve the ever-present money drama around pricing.
Tune in!
Key Takeaways:
- 00:00 Intro
- 02:21 Pricing and volume in different business models
- 08:54 Money drama around raising prices
- 17:18 Articulating value to clients
- 17:50 High ticket vs. low ticket model
- 22:03 Marketing for volume
- 25:47 Recap and outro
—
Additional Resources:
- Learn more about my 12-month program.
- Interested in 1-on-1 coaching? Apply here.
- Grab a copy of the "The EntreMD Method" book.
When you are ready to work with us, here are three ways:
- EntreMD Business School Accelerator - If you are looking to make a 180 turnaround in your business in 90 days, this is the program for you.
- EntreMD Business School Grow - This is our year-long program with a track record of producing physician entrepreneurs who are building 6, 7 and 7+ figure businesses. They do this while building their dream lives!
- EntreMD Business School Scale - This is our high-level mastermind for physicians who have crossed the seven figure milestone and want to build their businesses to be well oiled machines that can run without them.
To get on a call with my team to determine your next best step, go here ...
Chapters
1. Understanding Million Dollar Math (00:00:00)
2. Money Drama in High Ticket Sales (00:09:46)
3. Marketing Strategies for Business Success (00:21:49)
4. Empowerment for Physician Entrepreneurs (00:25:47)
432 episodes
All episodes
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