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...
How to Find your Niche Market
How to Find Your Niche Market When it comes to finding your niche, I’m sure you’ve heard enough about finding your passion and knowing what you are good at. If you’re looking for some practical strategies that you can use to find your business niche,...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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