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

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