Certain personality traits and interests lend themselves to franchise ownership. Your modus operandi in clinical practice can also shed light on whether you may be successful with a franchise. Here are ten characteristics that suggest a franchise should be a serious consideration for you’re interested in owning a business.
A B2B business involves you, as your own small company, making a transaction with another business instead of with an individual consumer. One of the best parts of starting a service-based business is that the barriers to entry are very low. Physicians have a great breadth and depth of knowledge that is an excellent foundation for services tangentially related to healthcare, but without the red tape and regulation of opening a medical practice.
Any doctor start and run and successful, profitable business. Small businesses that offer a service as their product are a perfect solution for many physicians wanting to earn extra income, share their knowledge, help with peoples’ challenges faced by people or companies, and have more autotomy in their work.
Temptation bundling is the notion of linking together two activities to accomplish something in our lives. The first activity is something we need to do or should do, but want to avoid or have the tendency to postpone for as long as possible. The second activity is one that we enjoy doing. It’s a hobby we love, a time waster, our “guilty pleasure,” or whatever we do to relax.
With more than 400 million blogs scattered across the internet, it’s easy to dismiss starting your own blog. Uncertainly about how readers will find your blog and fear of having nothing substantial to add to what already exists are common reasons to stick to being a reader rather than a blogger. But let me assure you that, as a highly-educated individual with expertise in medicine and healthcare, you definitely have something substantial to add.
You may be fine with a generic resume for an entire job search, but only if your job search is within a narrow field. If you’re applying for a job opening or to a particular company, you’ll want to a version of your resume that is explicitly geared toward demonstrating that you’re a great candidate for that specific role. But this doesn’t mean you need to do a total resume overhaul every time you send it to someone.
Practice medicine on your own terms.
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