Impact Medicine, the new book from Dr Meghan Walker, focuses on six core areas that help practitioners build recurring revenue, attract the right group of people, sense the money management side of their practice, and think like an entrepreneur.
In this episode Dr Walker explains why setting your intention is the key to becoming a successful clinician entrepreneur.
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Impact Medicine stands for:
- I for Intention
- M is for mindset
- P is for people
- A is for attraction. How do we attract the right group of people?
- C is for Cents: money management
- T is for thinking like an entrepreneur
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Dr Meghan Walker works with Clinician Entrepreneurs and business owners in health and wellness to create the impact that aligns with their purpose.
She is the founder of Clinician Business Labs, a community of clinician entrepreneurs dedicated to putting health into as many hands as possible.
Key Take-Aways
Normalizing Failure
Thinking like an entrepreneur is about normalizing failure and using the tools to assess why you failed and how quickly you can get back on your feet.
Failure hurts the most the first time, but it's a gateway to so many other things. I encourage people to go down hard sooner rather than later.
Establishing Cashflow
Establishing cashflow in your business and having more than one offering mitigates the risk of failure and is part of entrepreneurial thinking.
Self-Authorization
Those individuals who have moved their mission forward with greater success are super tapped into their purpose. You have to be willing to put stuff out that doesn't work and diversify your business. When people have clarity on their own, why, it blunts the impact of those trials and tribulations along the way.
You have to be willing and able to make big decisions on your own and own the responsibility that accompanies that. You've got to do the work to be able to make those decisions yourself. Once you've hit self-authorization, you don't go back.
Working Smarter, Not Harder
Working smarter, not harder, is an evolution in and of itself, because until you are sufficiently booked and have that consistent income, you must innovate by working smarter, not harder. Working smarter, not harder, is something that you embody and understand.
Key Quote
“That's why we put so much effort into avoiding failure. We have grown up in this scholarly environment where failure is the one thing you don't want to do. You’d rather you not take an intellectual risk, than fail at the exam. So we need to see a shift in how we deploy education so that we are creating safer environments for people to think critically and take risks. I think we will start to normalize failing as part of the process.." Dr Meghan Walker
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The opinions expressed in this Nutramedica program are those of the guests and contributors. They do not necessarily reflect the opinions of Nutritional Fundamentals For Health Inc.
This video is intended for licensed or registered health professionals and students of health professions only. These statements have not been evaluated by the Food and Drug Administration. Information contained in these programs are not intended to diagnose, treat, cure or prevent any disease.