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Business Math for Physician Entrepreneurs: Mastering Different Business Models

Episode 422 Published 2 years, 2 months ago
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Business is an economic sport. 

While this may seem obvious to many entrepreneurs, for physician entrepreneurs, it’s a bit more complicated because we’re helpers at heart. We’re not trained to look at numbers or make data-driven decisions. We just make decisions based on the kind of help we want to offer. 

Sadly, this is exactly why so many physician entrepreneurs struggle to keep afloat. 

But don’t worry, I got you. In today’s episode of EntreMD, I explain the basics of business math for physician entrepreneurs. We’ll explore high-ticket vs. low-ticket business models and finally resolve the ever-present money drama around pricing.

Tune in! 


Key Takeaways: 

  • 00:00 Intro 
  • 02:21 Pricing and volume in different business models
  • 08:54 Money drama around raising prices
  • 17:18 Articulating value to clients
  • 17:50 High ticket vs. low ticket model 
  • 22:03 Marketing for volume 
  • 25:47 Recap and outro 

Additional Resources:


When you are ready to work with us, here are three ways:

  •  The Profitable Private Practice Movement - If you want to build a thriving private practice that serves a lot of patients, while creating time and financial freedom for you, come join us here. 
  • EntreMD Business School Grow - This is our year-long program with a track record of producing physician entrepreneurs who are building 6, 7 and 7+ figure businesses. They do this while building their dream lives!
  • EntreMD Business School Scale - This is our high-level mastermind for physicians who have crossed the seven figure milestone and want to build their businesses to be well oiled machines that can run without them.

To get on a call with my team to determine your next best step, go here ...

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