Creating A Million-Dollar Business In Less Than 40 Minutes [Limitless MD, Episode 142]

LMD, Vikram Raya, Podcast Doctor, Real Estate, Investing, Millionaire

Lara Hochman is an MD who also has a business. But she wants to take it to the next level. And this is exactly what I help her do through this high-velocity workshop designed to create a million-dollar business in under 45 minutes.

In this immersive experience, I share profound insights that have propelled countless entrepreneurs to unparalleled success. Together, we will explore the essential topics that lay the groundwork for building a thriving business with a solid entrepreneurial edge.

These are some of the topics we discuss during the episode: 

  • Why the concept of Ikigai will help you become a millionaire 
  • Why niches lead to riches 
  • Why you need to say “no” to most things and focus on the important
  • Why you must think like a business person and not a doctor
  • Why you need to build a team right away (even as a solopreneur) 
  • Why you don’t have to overcomplicate processes with technology 

Throughout this workshop, remember the transformative power of the Pareto Principle—keep it tight, keep it light, keep it right. I encourage you to focus, prioritize wisely, and watch your business thrive.

This episode is where inspiration truly meets action, and dreams become a reality. Together, we will unlock the doors to a million-dollar business.


If any of you are starting businesses, your first priority or declaration, I must say, is this – One client avatar, one channel, one million dollars. That’s it.” – Dr. Vikram Raya

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

00:51 Leveraging growth and acceleration session 

01:44 Introducing Lara Hochman’s business 

02:26 What is Ikigai?

03:53 Declaration you have to make when setting up a business

05:15 The language pattern you need to use 

08:23 What’s the goal of a business?

10:43 Why limiting beliefs may be stopping you from being successful

12:15 Building a mind map for your business

15:37 Find a niche to be rich

17:16 How to craft a compelling guarantee 

19:18 Envisioning the perfect team 

22:17 The importance of marketing 

24:03 Why you’re doing too much (and getting too little from it)

27:03 Keep it tight, keep it light, keep it right 

30:35 Transition from solopreneur to business  

31:28 Why you should put your YouTube channel on hold 

32:41 More information about Ikigai

35:27 How to work with me 

Resources mentioned:
Book “$100M Offers: How To Make Offers So Good People Feel Stupid Saying No” by Alex Hormozi 

Book “The E-Myth Revisited: Why Most Small Businesses Don’t Work and What to Do About It” by Michael E. Gerber 

Book “Scaling Up: How a Few Companies Make It…and Why the Rest Don’t” by Verne Harnish 

Book “Traction: Get a Grip on Your Business” by Gino Wickman 

Podcast episode The Next Crisis: Physician Burnout with Dr. Diana Londoño 

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

Watch the Video Episode