Medical Doctors as Best Entrepreneurs: Start-up at Shoestring Budget & Succeed.

 

Going through medical school and beyond is daunting task that doctors have persistently and successfully conquered. Medical school can impart many knowledge pieces like pathology, healthy life style and more. But the experience could also teach you what it takes to be a successful entrepreneur. The startup cost doesn’t have to be a bank breaking figure.

The pathways to becoming a doctor are the same pathways required to become successful in business, be it agribusiness, engineering or medical practice as a business.

  1. medical entrepreneurSustained effort: No doubt, years after high school required high level sustained effort. In an interview with Larry King, Bill Gates said he never had a day off in his 20’s and 30’s. This is not a new vocabulary to doctors. You survived medical school, internship, residency, fellowship under immense pressure. You’ve done it already. This sustained effort is what it takes to be successful. It is the difference between successful entrepreneur vs unsuccessful ones.
  2. Precise Laser Focus: Focus is a wonder sensation in clarity and awareness; It’s owning your opponent; It’s knowing beyond a doubt, “you got this right”; It’s keeping your head down, your eyes on the ball and knocking it out of the park; it’s keeping on your toes, on target, on time; Focus is power that no one can take away from you. You own it. No one knows focus well than doctors. Entrepreneurs like Mark Zuckerberg said, anything else besides the target is a distraction.
  3. Purpose: From day#1 in medical school, doctors possesses a unique perspective on real problems facing real people providing daily sustained and focused dose of purpose!

But why aren’t more doctors getting into medical business in Kenya, a sector with huge potential financially and socially? Besides the fact that most entrepreneurs are risk takers while most doctors (and most learned people) are risk averse, startup cost is a major impediment in Kenya and most of Africa.

Your line of practice could be the most lucrative business today given sustained effort, focus purpose and the right equipment. Don’t let the cost be your impediment.  It is interesting to notice the differences between a business proposal formats in African universities VS a business proposal in colleges in USA. Business proposals (usually at masters’ level) in Africa starts with financial statement whereas in USA, finances comes last.

The implication is that most African entrepreneurs are limited by the amount of money they have at hand, not their idea, desire, goal or purpose. On the other side, before a scholar can start thinking about their finances, they have already laid out their idea, giving it a potential to be funded by donors, bank loans, equipment companies and venture capitalists.

If you’ve had a dream of becoming a medical entrepreneur, talk to us as let us help you discover many possibilities of becoming financially stable and independent from an employer. We can help you source affordable equipment and supplies at a budget you can afford.

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3 comments on “Medical Doctors as Best Entrepreneurs: Start-up at Shoestring Budget & Succeed.”

  1. Simply desire to say your article is as astounding.
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