How to start your own medical business

There comes a time in your life where you have to figure out the business of what you are doing. I reached that point and found out a lot along the way. These are the first 5 steps towards building your own practice. There are secrets I will teach you along this journey. There are things I discovered and I hope whoever this reaches learns these things earlier than I did. After all, I am what you will all grow beyond.

[RSchutzB]

3rd year med student with hopes of running my own community practice. THANK YOU for this information!

[EllaGenesis]

I can't wait for the day that I open my own practice. Let God be the Glory!

[listsync]

1. Willing to fail
2. Establish the mindset
3. Ask for help in business & life
4. Register the company
5. Insurance to protect yourself
6. Knowing the local health insurance company & plans
- Thank you for the great tips!

[vishwajithegde]

The business side of medicine is just as important as the medical aspect. Thanks for videos!

[maggielivingston]

You should do a day in your life/how to create a healthy daily routine. I saw your video on Jubaal’s channel. It was great

[habib]

I’m a 2nd yr Med student. I’m looking forward to learning more about this and your progress!! Med school really doesn’t cover the finances and insurance aspect at all!!

[leslieverlayne]

This is exactly why I earned my MBA/MSN prior to my NP/DNP..bc the biz side i could forsee bring soooo problematic. I can and am always upgrade when I graduate with my MD. Being established with help is/was crucial to be. So thankful. Thank you for this! I'm also from CA! GO Golden State! Bless all!
Good y'all!

[EyeSchoolwithDrD]

Loving your videos. I'm an Optometrist who started my own practice 4 years ago. For me, credentialing was the worst part!

[lyndamurray]

First of all I need to tell you I’m so very grateful that you were in Riverside at the time I met you!!! I loved how you took my medical situation. I was not happy about the Dr I was given from the group you were in. I just want to thank you for taking the phone and telling your office “she’s off my case and your were taking over” I knew I was in great hands. I will definitely refer you to all I know. I am from Orange County and was raised in Irvine and El Toro. My husband and I love ya!!!

[Destiny_detroitdoc]

Hi! Thanks for the advice! As a pulmonologist can You explain what is going on with corona patient’s lungs when they get the virus! Also what about NSAIDs is making this viral illness worse?! Rising 3rd year Med student will like to know! :) God bless!

[GentemHealth]

Love the content Dr. J! It's great to see physicians like you serving as an example to the medical community. #physicianentrepreneurship

[trk]

Medical schools should have rotations where students learn how to manage the business side of medicine. I heard that 38 to 44 % of physicians own their practices. Otherwise, people will be coming out of college and medical school in 500 K of education debt which will in the long run devalue an MD degree.

[titibibi]

Thanks. You clarified some of my confusion. I am moving to that direction. I wish for your practice to florish!

[MrBluesluver]

This is the second of your videos I've watched and they are very informative. I'm a retired nurse and have my MBA, so I know a little of the business end. My kids mom has been an ARNP for about 5 years and we are looking at starting a clinic. I appreciate your insight. Sub'd.

[brazycinco]

Thanks for this. Very helpful for a final year med student eager to go private.

[docchey]

Hey Dr. J! My wife and I are looking into starting (taking over actually) a practice of our own. Thanks for the content and for doing what you do! It's always good when one allows themselves to learn from others' experiences. Thank you for sharing yours! Looking forward to watching your other vids! Much love!

[jacobrazzouk]

subscribed to your channel because of these videos. Would love to see more videos on how you not only became a physician but also a savvy business person.

[belindakelley]

How long do you think a doctor should get as experience before opening your own practice ?

[aboveyou.]

So informative! Thank you for uploading these kind of videos

[Ms.Opinionated]

THANK YOU for mentioning Mal-practice insurance! A client didn't want to buy it, so I couldn't insure the business!!! Not in Cali, 1/3 sounds low....my state we average 2/4 plus professional plus umbrella plus key holder life insurance