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In this presentation from the 2024 Nonclinical Summit, Dr. Mike Woo-Ming, a family medicine physician, serial entrepreneur, and founder of multiple cash-based medical practices, breaks down the seven stages of physician entrepreneurship and a practical framework for choosing the right cash-based medical service to build.
Dr. Woo-Ming has built and sold businesses across medical education, software, online reputation management, weight loss, hormone therapy, and aesthetics. Currently operating three clinic locations in Southern California with 20-plus employees and no insurance billing. He covers where most physicians get stuck on the entrepreneurship path, why scalability matters more than income, and how to evaluate any cash-based service using the PERFECT framework.
You'll find links mentioned in the episode at nonclinicalphysicians.com/cash-based-business/
