BootstrapMD - Physician Entrepreneurs Podcast with Dr. Mike Woo-Ming

Mike Woo-Ming, MD MPH Physician-Entepreneur
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  • MEDICINE
  • UPDATED WEEKLY
BootstrapMD - Physician Entrepreneurs Podcast with Dr. Mike Woo-Ming

BootstrapMD -A podcast for doctors and physician entrepreneurs who want to learn to increase their financial worth and bring balance to your work life. We discuss building side businesses, investment opportunities, and how to live life on your own terms. Forge your own path, by leveraging your current knowledge to educate others.

  1. NOV 20

    277: Your Shortcut to Launching and Growing a Successful Podcast

    In this episode of Bootstrap MD, I'm excited to be joined by Dr. Bradley Block from The Physician's Guide to Doctoring and Dr. Jimmy Turner from Money Meets Medicine to discuss our launch of Doctor Podcast Network. Together with podcast industry veteran Desiree Leos, we're building something I'm really passionate about – a supportive ecosystem for physicians who want to get into podcasting. We each shared our personal journeys and the struggles we faced, like finding time to produce episodes, dealing with editing headaches, and figuring out how to build an audience. With Doctor Podcast Network, we're removing these obstacles by providing a clear step-by-step roadmap, white-glove services, and what I'm most excited about – a strong community of like-minded professionals. As podcasting continues to grow, we believe it's crucial to have more physician voices in the media landscape, sharing our expertise, building our personal brands, and connecting with broader audiences. Doctor Podcast Network  - Get a sneak peek! https://www.doctorpodcastnetwork.co/ SUBSCRIBE TO OUR FREE NEWSLETTER - THE LOUNGE:  Get your weekly dose of tech trends, investment tips, and entrepreneurial insights designed for the ambitious physician! https://www.bootstrapmd.com/thelounge Our Podcast Sponsor: Doc 2 Doc Lending - Affordable loans for the busy forward-thinking physician https://www.bootstrapmd.com/doc2doc PhysicianCoaches.com The #1 Doctor Directory for Physician Coaches, Consultants, and Mentors https://www.PhysicianCoaches.com

    28 min

  2. NOV 13

    276: How to Go Insurance-Free in 2025: A Physician's Survival Guide

    Dr. Mike Woo-Ming and Dr. Anne Truong tackle a pressing question on many physicians' minds: How will medical practices survive and thrive amid the sweeping healthcare changes coming in 2025? From the looming 2.8% Medicare reimbursement cut to the rising costs of running a practice, they reveal why more doctors are exploring alternatives to the traditional insurance-based model – and why some non-physician practitioners may already be ahead of the curve. Drawing from their clinical and business experience, Drs. Woo-Ming and Truong unpack the surprising truth about cash-based practices: how they can lead to seeing fewer patients while earning more, why membership models might be medicine's "best-kept secret," and what healthcare entrepreneurs can learn from unlikely sources like Massage Envy. The episode offers a fascinating glimpse into how innovative physicians are reshaping their practices to succeed in an uncertain healthcare landscape. Don't miss their exciting announcement about Cash Practice University: a brand-new training program that will show physicians exactly how to build their own thriving cash-based medical practice!   Cash Practice University (Call for beta group testers): https://www.bootstrapmd.com/go/cpu SUBSCRIBE TO OUR FREE NEWSLETTER - THE LOUNGE:  Get your weekly dose of tech trends, investment tips, and entrepreneurial insights designed for the ambitious physician! https://www.bootstrapmd.com/thelounge Our Podcast Sponsor: Doc 2 Doc Lending - Affordable loans for the busy forward-thinking physician https://www.bootstrapmd.com/doc2doc PhysicianCoaches.com The #1 Doctor Directory for Physician Coaches, Consultants, and Mentors https://www.PhysicianCoaches.com

    38 min

  3. OCT 9

    275: Turning Entrepreneurial Hurdles into Triumphs - Lessons from 'The Obstacle is the Way'

    Today we're exploring a book that has significantly influenced my approach to medicine and entrepreneurship - Ryan Holiday's "The Obstacle is the Way." As healthcare professionals, we face numerous challenges, from complex regulations to rapid technological changes. Today, we'll delve into how the ancient philosophy of Stoicism, as presented in Holiday's book, can provide us with powerful tools to navigate these obstacles. Drawing from my personal journey - from disillusioned family practitioner to multi-business entrepreneur - we'll discuss practical strategies for reframing challenges as opportunities and cultivating resilience. In this episode, we'll examine how these Stoic principles can be applied in real-world healthcare scenarios. We'll look at historical examples, such as Fleming's discovery of penicillin, to illustrate how embracing obstacles can lead to groundbreaking innovations. Whether you're a physician considering entrepreneurship, an investor interested in healthcare, or simply seeking new ways to approach challenges in your medical career, this episode offers valuable insights. Join us as we explore how to transform regulatory hurdles, market competition, and technological disruptions into stepping stones for success in our ever-evolving healthcare landscape.   SUBSCRIBE TO OUR FREE NEWSLETTER - THE LOUNGE:  Get your weekly dose of tech trends, investment tips, and entrepreneurial insights designed for the ambitious physician! https://www.bootstrapmd.com/thelounge Our Podcast Sponsor: Doc 2 Doc Lending - Affordable loans for the busy forward-thinking physician https://www.bootstrapmd.com/doc2doc PhysicianCoaches.com The #1 Doctor Directory for Physician Coaches, Consultants, and Mentors https://www.PhysicianCoaches.com

    25 min

  4. SEP 25

    274: From Medicine to Marketing: An Innovative Approach to Physician Coaching Success with Ola Kolawole, MD

    Meet Dr. Ola Kolawole, aka “Dr. Ola”, a family medicine physician who has pivoted to help coaches boost their visibility and sales through innovative live studio events. Dr. Ola shares her journey from struggling wellness coach to founding the VIP Speaker Studio Experience, a unique platform that allows coaches to present in a professional studio setting with a virtual audience. She discusses the challenges many coaches face in marketing themselves and acquiring clients, revealing how her two-day event provides a complete package of services to enhance a coach's credibility and reach. Dr. Ola delves into the details of her program, which includes speaker coaching, sales training, and a full media package with professional recordings and photography. She explains how the studio experience mimics high-end speaker setups used by industry leaders, giving coaches a powerful tool to stand out in a crowded market. With insights on the importance of visibility and the impact of professional presentations, this episode offers valuable strategies for physician entrepreneurs looking to elevate their coaching businesses and make a lasting impression on potential clients.   The ViP Speaker Studio Experience https://vipstudiospeaker.com/   SUBSCRIBE TO OUR FREE NEWSLETTER - THE LOUNGE:  Get your weekly dose of tech trends, investment tips, and entrepreneurial insights designed for the ambitious physician! https://www.bootstrapmd.com/thelounge Our Podcast Sponsor: Doc 2 Doc Lending - Affordable loans for the busy forward-thinking physician https://www.bootstrapmd.com/doc2doc PhysicianCoaches.com The #1 Doctor Directory for Physician Coaches, Consultants, and Mentors https://www.PhysicianCoaches.com

    22 min

  5. SEP 11

    273: Effective Communication Strategies for Physicians with Maiysha Clairborne, MD

    Are your texts causing office drama? Is your "instant" communication sabotaging your practice? In this must-hear episode of Bootstrap MD, physician communication expert Dr. Maiysha Clairborne reveals game-changing insights for doctor entrepreneurs. Discover the surprising impact of pandemic-era digital communication, learn a mind-bending email trick that could save your reputation, and uncover the hidden power of emotional intelligence in medicine.  Plus, find out the one communication mistake that's costing you respect, time, and money. Tune in for a masterclass in professional communication that will transform how you interact with patients, staff, and colleagues. Don't miss this career-altering episode – your practice might depend on it! Dr. Maiysha Clairborne - Mind Remapping Academy https://mindremappingacademy.com   SUBSCRIBE TO OUR FREE NEWSLETTER - THE LOUNGE:  Get your weekly dose of tech trends, investment tips, and entrepreneurial insights designed for the ambitious physician! https://www.bootstrapmd.com/thelounge Our Podcast Sponsor: Doc 2 Doc Lending - Affordable loans for the busy forward-thinking physician https://www.bootstrapmd.com/doc2doc PhysicianCoaches.com The #1 Doctor Directory for Physician Coaches, Consultants, and Mentors https://www.PhysicianCoaches.com

    36 min

  6. AUG 20

    272: Revolutionizing Your Medical Career: From One-to-One to One-to-Many Part 2

    In this compelling follow-up to last week's popular episode, we welcome back Dr. Anne Truong to delve deeper into the transformative concept of scaling medical practices from one-to-one patient care to a one-to-many business model. Building on the foundation laid in part one, this episode explores advanced strategies and real-world applications, including creating online courses, growing your YouTube channel, automating patient education, and developing digital products. Dr. Truong shares additional insights on effective content strategies and leveraging expertise to attract ideal patients. We address common challenges faced by physicians when implementing these strategies, offering practical solutions and mindset shifts to overcome them. They discuss the importance of niching down and becoming the go-to expert in a specific area, providing concrete examples of how to identify and dominate your medical niche. As a special bonus, Dr. Truong reveals her step-by-step process for creating high-converting landing pages and shares tips on balancing a traditional practice with a growing online presence. This episode is packed with actionable advice to help you expand your impact and income as a physician entrepreneur.   Join us in the upcoming Medical Practice Profits Challenge - Starts August 27! Transform your medical career by learning how to practice from one to one to one to many! For more details:   https://practiceprofitschallenge.com/   SUBSCRIBE TO OUR FREE NEWSLETTER - THE LOUNGE:  Get your weekly dose of tech trends, investment tips, and entrepreneurial insights designed for the ambitious physician! https://www.bootstrapmd.com/thelounge Our Podcast Sponsor: Doc 2 Doc Lending - Affordable loans for the busy forward-thinking physician https://www.bootstrapmd.com/doc2doc PhysicianCoaches.com The #1 Doctor Directory for Physician Coaches, Consultants, and Mentors https://www.PhysicianCoaches.com

    26 min

  7. AUG 13

    271: Revolutionizing Your Medical Practice: From One-to-One to One-to-Many Part 1

    We welcome back frequent guest and fan favorite, Dr. Anne Truong. A successful physiatrist and entrepreneur, Dr. Truong shares her latest insights on transforming medical practices into thriving businesses. Building on her previous appearances, she delves deeper into her journey from a traditional insurance-based model to a cash-based practice, and how she leveraged the challenges of the COVID-19 pandemic to create multiple income streams. Listeners will gain valuable knowledge on transitioning from a one-to-one patient model to a scalable one-to-many approach. Dr. Truong offers fresh perspectives on creating membership-based services, harnessing the power of YouTube for medical professionals, and identifying untapped patient needs. Whether you're a long-time follower of Dr. Truong's advice or new to her strategies, this episode provides essential guidance for physicians looking to innovate their practices and expand their entrepreneurial horizons in today's dynamic healthcare landscape.   Join us in the upcoming Medical Practice Profits Challenge - Starts August 27! Transform your medical career by learning how to practice from one to one to one to many! For more details:   https://practiceprofitschallenge.com/   SUBSCRIBE TO OUR FREE NEWSLETTER - THE LOUNGE:  Get your weekly dose of tech trends, investment tips, and entrepreneurial insights designed for the ambitious physician! https://www.bootstrapmd.com/thelounge Our Podcast Sponsor: Doc 2 Doc Lending - Affordable loans for the busy forward-thinking physician https://www.bootstrapmd.com/doc2doc PhysicianCoaches.com The #1 Doctor Directory for Physician Coaches, Consultants, and Mentors https://www.PhysicianCoaches.com

    23 min

  8. JUN 26

    270: The 1% of the 1% - Unleashing Your Hidden Potential

    In this episode, I dive into a topic that's close to my heart - how to get motivated to become an entrepreneur. As physicians, we've already proven our drive by making it through medical school, but taking that leap into entrepreneurship can feel like a whole new challenge. I share some personal insights and strategies that have worked for me and my clients over the years. If you've ever felt stuck in your career or dreamed of branching out on your own, this episode is for you. I break down five key tactics that can help you cross that chasm from employee to entrepreneur. Whether you're just starting to consider a change or you've been mulling it over for years, you'll find actionable advice to help kickstart your journey. Tune in to discover how to tap into your inner drive and take those first crucial steps towards entrepreneurship. Subscribe to Our FREE Newsletter - THE LOUNGE:  Get your weekly dose of tech trends, investment tips, and entrepreneurial insights designed for the ambitious physician! https://www.bootstrapmd.com/thelounge Our Podcast Sponsor: Doc 2 Doc Lending - Affordable loans for the busy forward-thinking physician https://www.bootstrapmd.com/doc2doc PhysicianCoaches.com The #1 Doctor Directory for Physician Coaches, Consultants, and Mentors https://www.PhysicianCoaches.com

    21 min
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4.8
out of 5
33 Ratings

About

BootstrapMD -A podcast for doctors and physician entrepreneurs who want to learn to increase their financial worth and bring balance to your work life. We discuss building side businesses, investment opportunities, and how to live life on your own terms. Forge your own path, by leveraging your current knowledge to educate others.

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