Business Math for Physician Entrepreneurs: Mastering Different Business Models

Send us a Text Message.✅ [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/callBusiness 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 models08:54 Money drama around raising prices17:18 Articulating value to clients17:50 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 ...