How to Manage Poor Performing Employees
How to Manage Poor Performing Employees Dealing with underperforming team members is one of the most challenging aspects of a manager’s job. Because it is so difficult to handle, and because most managers are never trained to handle these kinds of situations...
Importance of Mentorship for Healthcare Entrepreneurs
Importance of Mentorship for Healthcare Entrepreneurs Starting a new healthcare business can be a tough task. However, once you understand the importance of mentorship, you will thrive. Healthcare entrepreneurs are engineers of their own success, often thriving on...
What is Churn Rate?
What is Churn Rate? Churn rate is an important business metric that has to do with the number of customers or employees who leave a company during a given period. The term can also refer to the amount of revenue lost as a result of the loss of customers or employees....
Target Market Segmentation Defined
Target Market Segmentation Defined One of the first steps in a lean business is identifying your target market. In order to be successful, every business must determine who they are trying to target. Once a company has narrowed down their target market, they can...
Business Structure Basics
Business Structure Basics Every day, new physician entrepreneurs choose a business structure with little to no training in healthcare administration. It’s simple, right? After all, you’re a doctor! Whether you’re starting a side business in order to diversify your...John Shufeldt, MD
Welcome fellow physician entrepreneurs. My goal is to provide actionable content that will you help navigate the changing world of medicine and business.
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