7 Core Business Principles Every MD Needs to Know [Limitless MD, Episode 89]

Episode89

I have been coaching a lot of successful physicians all over the country. It just has been a blessing and a pleasure to hear people’s stories and see who they are trying to serve and how big they are trying to get. I really believe that there’s no limit to the possibilities out there, and therefore, I want to share with you things you have to bear in mind to be successful in business as a physician.   

In the course of this episode, I specifically talk to you about the following: 

  • The success mastery checklist and how to excel in every aspect of it 
  • How to discover your secret sauce and also your bottleneck in your business
  • Identifying the difference between visionaries and integrators
  • Importance of implementing “presidential marketing” in your business 

There’s always a gap from where you currently are to where you wanna go. Discovering what you need to change to close that gap is essential. A change of mindset may be needed, or a team that can help you. Sometimes you need to find the “who” that will help you with every one of your goals. That’s how you grow, scale and stay in your zone of genius. This episode gives you a blueprint to get you going.  

 

In essence, we are scientists and we are doing experiments every day. Marketing is essentially nothing but an experiment.” – Dr. Vikram Raya



In This Episode:
00:00 Welcome back to another episode of the Limitless MD podcast

00:44 Going through the success mastery checklist 

01:38 There’s no limit to how successful you can become  

02:24 Getting clear on the type of business you are in 

03:25 Finding your X factor, your secret sauce in business  

04:48 Getting connected to achieve success  

05:29 Difference between visionaries and integrators    

06:35 Knowing where you are and where you wanna go in your business  

09:11 Identifying who you are here to serve and what they need and desire most

10:46 Improving your best offer and creating marketing strategies 

13:06 Analyzing your margins and how you can maximize sales 

14:46 Narrowing your offerings and being really good at them is one path to success  

17:01 Closing the gap from where you are to where you wanna be  

18:03 Cultivating a culture of innovation and resilience within your team



Resources Mentioned:
– Book “$100M Offers: How To Make Offers So Good People Feel Stupid Saying No” by Alex Hormozi – https://www.amazon.com/100M-Offers-People-Stupid-Saying-ebook/dp/B099QVG1H8 

– Book “Who Not How: The Formula to Achieve Bigger Goals Through Accelerating Teamwork” by Dan Sullivan and Benjamin P. Hardy – https://www.amazon.com/Who-Not-How-Accelerating-Teamwork-ebook/dp/B0867ZJ151 



Resources:
Join our Free community of high-performing physicians: the Physician Wealth Accelerator 

https://vikramraya.com/programs/

Sign up to my email list

– Apply to work with Vik and book a clarity call
here

Group Coaching Now Open! Apply Here 


Connect with Vikram:
Website: https://vikramraya.com/

– Instagram: https://www.instagram.com/vikramraya/  

– Facebook: https://www.facebook.com/Vikramrayamd

– LinkedIn: http://www.linkedin.com/in/vikramraya/

– YouTube: https://www.youtube.com/channel/UCdq9M-kD0L2hy1UlfOK-hwQ


Special Thank You to Music Provided by Music Library
https://soundcloud.com/music-library-non-copyrighted-sounds/300-violin-orchestra-jorge-quintero-copyright-and-royalty-free

Watch the Video Episode