『BootstrapMD - Physician Entrepreneurs Podcast with Dr. Mike Woo-Ming』のカバーアート

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

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

著者: Doctor Podcast Network
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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.2018 MWM Holding マネジメント・リーダーシップ リーダーシップ 経済学 衛生・健康的な生活 身体的病い・疾患
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  • EP362: From Burnout to a Better Physician Life: How Coaching Can Transform Your Career
    2026/09/09
    This episode is sponsored by NURPNURP helps busy physicians grow their wealth through AI-powered algorithmic trading designed for demanding careers. No day trading, no guesswork, and no constant market watching required. Ready to put your money to work? Visit start.nurp.com/doctors to learn more. Trading involves risk, and results may vary. This is not financial advice.__________________________________Are you building financial freedom, or sacrificing your life trying to reach it?In this episode of BootstrapMD, Dr. Mike Woo-Ming welcomes Dr. Michael Hersh, as he shares his journey through burnout, his pursuit of financial independence, and the realization that simply reaching a financial finish line would not solve the deeper challenges he was experiencing. The conversation explores why physicians can be hesitant to seek coaching, including the culture of independence, stigma around asking for help, and concerns about being taken advantage of. Michael explains how coaching helped him challenge deeply held beliefs, establish boundaries, schedule meaningful breaks during his clinical day, and become more present with his family. He also discusses how he shifted his perspective on the FIRE movement, continuing to save and invest while reducing the urgency to reach financial independence at the expense of his current life.He explains that many doctors come to coaching because their families are receiving the "leftovers" of their energy after demanding clinical work. The conversation also covers career transitions, physician entrepreneurship, podcasting, and how the Doctor Podcast Network has helped him make Better Physician Life more sustainable. Michael encourages physicians to recognize their transferable skills and explore the many ways they can use their expertise beyond traditional clinical practice.Three Actionable Takeaways:Identify What You Can Control: Physicians often feel powerless when working within complex healthcare systems, but there are usually areas where they can influence their experience. Identify the things you can change, such as your schedule, boundaries, routines, and daily habits, while learning to let go of circumstances that are outside your control.Stop Giving Your Family the Leftovers: After giving patients and healthcare organizations your energy all day, it can be easy to arrive home with little patience or emotional bandwidth remaining. Create intentional boundaries between work and home, schedule breaks during the workday, and develop routines that help you become more present with the people who matter most.Build a Life Beyond Clinical Medicine: Your identity and value as a physician do not have to depend entirely on clinical work. Explore your transferable skills, interests, leadership abilities, business opportunities, or entrepreneurial pursuits. You may not need to leave medicine completely; developing meaningful interests outside clinical practice can make your career more sustainable.About the Show:Bootstrap MD is the ultimate podcast for physician entrepreneurs looking to escape traditional healthcare and control their financial futures. Hosted by Dr. Mike Woo-Ming, a successful physician, entrepreneur, and investor, the show delivers actionable insights on starting businesses, creating passive income, and navigating healthcare entrepreneurship. Featuring interviews with industry leaders, physicians, and experts in telemedicine and digital health, it’s your guide to building a profitable, fulfilling career. Tune in weekly at http://bootstrapmd.com About the Guest:Dr. Michael Hersh is a practicing gastroenterologist outside of Chicago and the founder of Better Physician Life Coaching. After experiencing burnout and realizing that financial independence alone would not solve the challenges he was facing, Michael discovered physician coaching and transformed his approach to work, family, and career. He now coaches physicians who feel trapped, overwhelmed, or uncertain about their professional direction.Michael also hosts the Better Physician Life podcast, where he explores the challenges physicians face and shares strategies for creating more sustainable and fulfilling careers.Website: betterphysicianlife.comPodcast: Better Physician LifeFree Resource: betterphysicianlife.com/commutereset About the Host:Dr. Mike Woo-Ming has over 20 years of experience as a physician entrepreneur. He’s built and sold multiple seven-figure companies and now leads Executive Medical, a group of clinics specializing in age management and aesthetics. Through BootstrapMD, he mentors physicians in business, content creation, and autonomy.Let’s Connect: www.https://www.bootstrapmd.com Want to start a podcast? Check out the Doctor Podcast Network! Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
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    28 分
  • EP361: Telemedicine in 2026: Why Physicians Need to Think Beyond the License
    2026/09/02
    This episode is sponsored by NURP NURP helps busy physicians grow their wealth through AI-powered algorithmic trading designed for demanding careers. No day trading, no guesswork, and no constant market watching required. Ready to put your money to work? Visit start.nurp.com/doctors to learn more. Trading involves risk, and results may vary. This is not financial advice. __________________________________ Are you building a sustainable telemedicine career—or simply collecting more state licenses? In this episode of BootstrapMD, Dr. Mike Woo-Ming welcomes Dr. Leo Damasco and Phoebe Gutierrez, to discuss their podcasting journey and the evolving telemedicine landscape. They explain how their partnership developed, why abandoning rigid scripts transformed their show, and how joining the Doctor Podcast Network helped them focus on meaningful conversations, research, guests, and sustainable content creation. The conversation then explores telemedicine’s transition from its COVID-era boom into a more mature and competitive industry. Leo and Phoebe discuss shrinking physician leverage, increasing regulation, market consolidation, private equity involvement, and the shift toward smaller, focused practice models. They encourage physicians to think strategically about licensing, business ownership, leadership opportunities, diversification, and developing expertise beyond clinical care. They also explain how physicians can evaluate telemedicine companies and identify potential warning signs before joining. They emphasize asking questions, understanding regulatory responsibilities, participating in leadership, and protecting professional judgment. Rather than avoiding telemedicine, physicians should enter thoughtfully, build valuable skills, diversify when appropriate, and position themselves as knowledgeable contributors rather than interchangeable providers. Three Actionable Takeaways: Build Beyond Your Clinical Credentials: Having multiple state licenses can open doors, but licenses alone may no longer differentiate physicians in a competitive telemedicine market. Develop complementary expertise in compliance, operations, leadership, business development, technology, or practice management. The more problems you can intelligently solve, the more valuable you become to telemedicine organizations and potential practice partners.Investigate Before Joining a Telemedicine Company: Before accepting a telemedicine role, ask detailed questions about state requirements, physician responsibilities, clinical workflows, technology, prescribing practices, leadership expectations, and how patient information is handled. If a company discourages questions or describes your role as completely passive, pause and investigate further. Your professional license deserves careful protection.Diversify Strategically, Not Automatically: Having several telemedicine employers can provide protection against company instability, but working across too many platforms can dilute your attention and prevent meaningful expertise. Early diversification can help you learn the industry and discover what works. Over time, consider concentrating on organizations where you can contribute substantially, earn well, and build lasting value. About the Show: Bootstrap MD is the ultimate podcast for physician entrepreneurs looking to escape traditional healthcare and control their financial futures. Hosted by Dr. Mike Woo-Ming, a successful physician, entrepreneur, and investor, the show delivers actionable insights on starting businesses, creating passive income, and navigating healthcare entrepreneurship. Featuring interviews with industry leaders, physicians, and experts in telemedicine and digital health, it’s your guide to building a profitable, fulfilling career. Tune in weekly at http://bootstrapmd.com About the Guests: Dr. Leo Damasco – Pediatrician and emergency medicine doctor turned telemedicine advocate, helping physicians transition to digital health. Phoebe Gutierrez – Former state regulator turned telehealth executive, specializing in compliance and sustainable virtual care models. They both host Telemedicine Talks Podcast, where they explore healthcare innovation, physician entrepreneurship, regulatory challenges, and practical strategies for building sustainable careers in telemedicine. Website: Telemedicinetalks.comPodcast: Telemedicine TalksConnect with Phoebe Gutierrez:https://www.linkedIn.com/in/pkgutierrez/ phoebe@telemedicinetalks.com (mailto:phoebe@telemedicinetalks.com) Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
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    34 分
  • EP360: The Real Number: Why "Replace My Income" is the Wrong Goal
    2026/08/26

    This episode is sponsored by NURP

    NURP helps busy physicians grow their wealth through AI-powered algorithmic trading designed for demanding careers. No day trading, no guesswork, and no constant market watching required.

    Ready to put your money to work? Visit start.nurp.com/doctors to learn more.

    Trading involves risk, and results may vary. This is not financial advice.

    __________________________________

    Most physicians building a side business fall into one of two traps with “the number.”

    1: Trying to fully replace clinical income right out of the gate. Anything short of that full salary feels like failure, so healthy early-stage progress gets misread as “this isn’t working.”

    2: Never setting a number at all. You’re busy with webinars, LinkedIn posts, and calls, but you can’t tell whether the business is working because you never defined what “working” means.

    Dr. Mike Woo-Ming reframes the goal: your real number isn’t your income. It’s your freedom number; the smallest monthly amount of outside income that lets you drop a call shift, cut a clinic day, or reclaim a Sunday. That number is almost always a fraction of your salary, and that’s the point. Financial freedom isn’t matching your W-2; it’s buying back your time dollar by dollar.

    He shares his own story of setting an ambitious $10,000 per month target early on, watching the gap feel like failure every month, and only turning the corner when he lowered the bar to what would actually change his life (starting with covering a car payment).

    Two physician case studies drive the point home: one who set a realistic freedom number and kept going, and one who quit a promising venture because

    it failed to hit an unrealistic sprint-style target in the first few months.

    The episode ends with a practical three-step exercise you can finish in 5–10 minutes tonight:

    • Freedom number: Smallest monthly amount that changes one specific thing about your week.
    • Proof number: First repeatable revenue that proves the concept works (often far smaller).
    • Time check: Divide by the hours you’re realistically willing to give; adjust if it becomes another full-time grind.

    Once you have the right number, the same business often stops feeling behind and starts feeling ahead.

    Three Actionable Takeaways:

    • Your freedom number is not your salary: Calculate the smallest monthly outside income that lets you change one concrete thing (drop a call, cut a clinic day, reclaim a weekend). For most physicians this is a few thousand dollars a month, not a few hundred thousand a year.
    • Separate proof from freedom: Early on, track a much smaller “proof number” (first repeatable paying customers or first $500–$1,000 per month recurring). It answers “Does this concept work?” long before the freedom number arrives.
    • Run the time check: If reaching your freedom number requires another 30–60 hour week on top of clinical work, the math isn’t freedom, it’s a second job. Adjust offer, price, or timeline until the hours fit the life you actually have.

    About the Show:

    Bootstrap MD is the ultimate podcast for physician entrepreneurs looking to escape traditional healthcare and control their financial futures. Hosted by Dr. Mike Woo-Ming, a successful physician, entrepreneur, and investor, the show delivers actionable insights on starting businesses, creating passive income, and navigating healthcare entrepreneurship. Featuring interviews with industry leaders, physicians, and experts in telemedicine and digital health, it’s your guide to building a profitable, fulfilling career.

    Tune in weekly at http://bootstrapmd.com

    About the Host:

    Dr. Mike Woo-Ming has over 20 years of experience as a physician entrepreneur. He’s built and sold multiple seven-figure companies and now leads Executive Medical, a group of clinics specializing in age management and aesthetics. Through BootstrapMD, he mentors physicians in business, content creation, and autonomy.

    Let’s Connect: www.https://www.bootstrapmd.com

    Want to start a podcast? Check out the Doctor Podcast Network!


    Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

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    17 分
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