Latest / DPC Life: Direct Primary Care Podcast / Dr. Una on Physician Entrepreneurship: Mindset Shifts Every Doctor Needs Now
Transcript
- 0:00Your backup plan is your real plan.
- 0:01Do you have to pay attention to your dissatisfaction?
- 0:04And you have to say yes to the scary things.
- 0:06The gravitational pull of your formal self is real.
- 0:11You must respect it. Like you think, oh, I read a
- 0:14book and now I'm going to do things differently.
- 0:15Oh no, you won't. Not except you're very
- 0:17intentional about it because you may do it differently for two
- 0:20weeks and you will go back to the way you've always done it
- 0:23because you've done it maybe for years, right?
- 0:25There's no award category for mom that did it all.
- 0:29If we choose discomfort, like the right discomfort, then we're
- 0:33setting the stage for. Welcome to DPC Life, the podcast
- 0:37where independent doctors share real stories, bold ideas, and
- 0:42the freedom of doing medicine on your own terms.
- 0:45I'm your host, Doctor Ann Gonzalez, and together we'll
- 0:49explore the winds, the struggles, and everything in
- 0:52between. Let's dive in.
- 0:56Welcome back to DPC Life, the podcast where we talk about all
- 1:01things DPC and life beyond. And today because we are in the
- 1:06holiday season, I'm doing replays of our most popular
- 1:10episodes and this one is absolutely one of my favorite
- 1:15episodes that we recorded this season.
- 1:17This is my interview with Doctor Luna, the founder of Entree MD
- 1:22Business School and we learned so much about business mindset
- 1:28and ways to promote your private practice and also ways to
- 1:33support your practice as it's growing.
- 1:36Doctor Una is such an inspiration and I always tell
- 1:39people when they are starting out their DPCS, if people ask
- 1:42what books that they need to read, I tell them to read all of
- 1:45the DPC startup books and then also to read Andre MD by Doctor
- 1:50Una because that was really and instrumental.
- 1:54That was an such an eye opening book for me when I read it, when
- 1:58we opened our DPC and it really helped shift my mindset about
- 2:02money and entrepreneurship and help me understand that as a
- 2:08physician, as an independent physician, I do have a lot of
- 2:12value for patients and it's not just tied to the insurance
- 2:16system or tied to an employed position.
- 2:21So I do encourage all of you to read Doctor Una's books,
- 2:25especially if you are thinking about your opening your own DPC
- 2:29or independent practice. Please enjoy the replay of this
- 2:32episode with Doctor Una. Let's get into it.
- 2:36I'm so super excited and honored to introduce my guest today.
- 2:41She is a renowned author, speaker, pastor, mom, wife,
- 2:46physician, entrepreneur. You know you're famous when you
- 2:49have one name. Doctor Una.
- 2:51Doctor Nika Unichuko, thank you so much for being with me today.
- 2:54Thank you so much for having me. I've been looking forward to
- 2:56this. I actually signed up an hour
- 2:58early. I was like.
- 2:59Oh my gosh. Wow.
- 3:02So yeah, this is going to be a great conversation.
- 3:03It is. It is.
- 3:05There's so much to talk about, so let's start with talking with
- 3:09us about how coming from employed position and how you
- 3:12became a physician entrepreneur and those big mindset shifts
- 3:16that you had to make to get there.
- 3:19Yeah. I mean, when I started off as a
- 3:22physician, if you will, pediatrician just got my first
- 3:25job and all that, entrepreneurship was not a thing
- 3:27on my mind, not not even remotely.
- 3:30And I think that's important for people to here because for many
- 3:33physicians, that's not where we start from.
- 3:35And so, but I remember seeing my first patient, right?
- 3:39And there's something about being a tender, you see your
- 3:41first patient, take care of them, write the script, all that
- 3:43stuff. I walked out of the room and I
- 3:45had this feeling. It will feel like, yeah, like
- 3:47we're the big league now. But it was very anti climatic.
- 3:51It was like, So what I just did, I'm going to do this 20 times a
- 3:55day till I'm 65 or whatever, then I'll retire.
- 3:58I was like, this is not happening.
- 4:01Like there has to be something else again.
- 4:03I didn't know it was entrepreneurship.
- 4:04I didn't know it was anything. And so for someone who just has
- 4:07that nudge, like don't ignore it, you know what I mean?
- 4:09Like don't quiet down, just pay attention to it.
- 4:11And so I made a decision. I was like, I have to find what
- 4:15that is. I'm only going to give this 10
- 4:16years of my life. I have to figure out what it is.
- 4:19And you know, I worked my job. It was a great experience.
- 4:21My boss came and he says after the first year, he's like,
- 4:24here's a five year contract. And I was like, wait, I was
- 4:27like, I've been married for three years.
- 4:28I just finished a three-year residency.
- 4:30My idea forever is 3 years and five years sounds like a very
- 4:33long time. And so he was the one who
- 4:36planted the seed because he said when I told him I wasn't going
- 4:38to renew my contract, he said, well, if you're not going to
- 4:41renew your contract, start your own practice.
- 4:44I was like, first of all, nine months out of presidency, this
- 4:49is not a thing that people think.
- 4:50Just in case you don't know, this is not a thing that people
- 4:52think. And then I said, second of all,
- 4:54in case you missed this ginormous bump here, I'm
- 4:55pregnant. Like this is not the time to
- 4:57start a practice. And then he said, no.
- 5:00Like when the baby's little baby will need you a lot, but the
- 5:03practice will be little, won't need you as much.
- 5:04And when the baby's older and doesn't need you as much, the
- 5:06practice will need you more and you'll be ready to be needed
- 5:09more. And he's like, if you have
- 5:10questions, you can ask me. OK, so this was the best and the
- 5:14most deceptive conversation that I had at the same time, right?
- 5:17Because I walked away going like, I'm going to start a
- 5:19practice. And then I also thought, and all
- 5:22I'll have is some questions. That's it.
- 5:24It's going to be great. I'm going to hang the shingle.
- 5:25They're going to come. So where we moved to was
- 5:28ultimately 45 minutes away. So it's not attracting any
- 5:30patients from that practice or anything like that.
- 5:33And I had this philosophy, I'll hang the shingle and they will
- 5:35come. I hung the shingle and they did
- 5:38not come. It was the most terrifying
- 5:41thing. And when that happened, then I
- 5:45found myself in a challenging situation because I couldn't get
- 5:49out of the lease and all these things.
- 5:50I just signed a bunch of a bunch of contracts, but I was like, I
- 5:54don't know how to make this work.
- 5:55And I think like marketing, all these things will need to, but
- 5:58I'm a professional. I don't do things like that.
- 6:00And that's really, I was there for a few weeks, a few months
- 6:04and I read a book by Brian Tracy, Eat That Frog.
- 6:06And he said all business skills are learnable.
- 6:09If you see a business doing better than yours, they're not
- 6:10better than you. They just know things you don't
- 6:12know. And that was the starting point
- 6:15of all things entrepreneurship for me because I was like, I may
- 6:18not know how to market, sell, hire team, do any of those
- 6:21things, but I do know how to learn.
- 6:24And so I started this lifelong journey of learning marketing
- 6:29and sales and service delivery and operations on all of these
- 6:31things. And the business took off and we
- 6:34hit our first million, I think of the third year, built the
- 6:38practice. We could work without me.
- 6:39I haven't seen patients, they are like in a really long time,
- 6:41but the practice exists still doing some figures, doing all
- 6:44the things that it does. We're very grateful for that.
- 6:47Then I went on to build Andre MD, which is a company where I
- 6:50serve physicians and help them build profitable businesses.
- 6:53So they can live life for practice medicine on their
- 6:55terms. And the rest they say is
- 6:57history. And I like to tell those pieces
- 7:00because a lot of times people feel I'm not like that person.
- 7:02You don't have to be. You just have to honor their
- 7:04nudges. You have to pay attention to
- 7:06your dissatisfaction and you have to say yes to the scary
- 7:09things. I yes, I did not ever think, you
- 7:12know, if you'd asked me five years ago that said you're going
- 7:15to have a practice and you're going to be doing a podcast,
- 7:18you're going to be doing all these things.
- 7:19I always said, you're crazy. Yeah, we have.
- 7:22My husband's a pediatrician as well.
- 7:24And yes, so he's a partner in his practice.
- 7:27And I always thought, well, that's enough.
- 7:30One partner is enough in a family.
- 7:32And our kids were little and I heard about DPC in 2013 but
- 7:39didn't open for eight years. So yes, a part of the reason for
- 7:44this podcast is I'm one of your minions, I will say because I've
- 7:50taken up the mission, right? The mission to get doctors out
- 7:54of employed practice and doing their own thing.
- 7:58So that's why I want to do this too, is because I don't want
- 8:03people to wait eight years to start their own practice because
- 8:07you don't have time to wait. You've taken one for the team,
- 8:11the. Clock.
- 8:12The clock is ticking, so one of the things that I tell DPC's
- 8:16when they're first opening is read the DPC books and then the
- 8:21next book you have to read is Entree MD by Doctor Una.
- 8:27Well, thank you, I. Oh my gosh, I've told that to so
- 8:29many people. And the reason why is because
- 8:32you talk about the mind shifts towards money and selling.
- 8:38And that was the biggest eye opening in your book that I got
- 8:42out of it when I read it. So tell us more about how you
- 8:48always talk about how you're an introvert.
- 8:50How did you get past that? So I think the starting point
- 8:55for that was really redefining that word, right?
- 8:58So I used to think being an introvert meant I'm super shy.
- 9:03I'll never be able to speak while on stage, I'll never be
- 9:06able to network like a pro. I would not be a go getter if
- 9:11there was competition I had to come up against, right?
- 9:13Like Med school, I can do that because I'm taking my own exams
- 9:16in my own space. But if I had to compete, I
- 9:18couldn't. And but that's not really what
- 9:21an introvert is, right? If you think about it, 50% of
- 9:24the population, if they're introverts, we can't all be bad,
- 9:27you know what I mean? You can't all have a defect.
- 9:30And so I started studying it and I found one thing about
- 9:34introverts are they are people who recharge in solitude.
- 9:39I was like, aha, I can get behind that.
- 9:42I can. I like, yes, I recharge the
- 9:44solitude. So if I went somewhere was an
- 9:46event on all of those things at this stage of my life, I can
- 9:49enjoy an event. I can network, I can speak
- 9:51effectively, I can do all those things, but that is not an
- 9:54inner. It's energizing in the moment,
- 9:56but I'll be drained when I'm done and I need to go take a
- 9:58walk by myself, take a long shower, do any of those things.
- 10:01I get to the point where I'm like, I've recharged myself,
- 10:04right? So if that's the case, then it
- 10:07also means if you look at it, speaking is a skill, networking
- 10:11is a skill, confidence is something you build over time.
- 10:14These are not personality types, these are skills.
- 10:17So I brought myself to this place where I was like, no,
- 10:21these are learnable skills. I will learn the skills and
- 10:24master the skills. And then I'll also honor who I
- 10:27am by always acknowledging that I recharge in solitude.
- 10:31So for instance, I host a three day events for my clients every
- 10:36year, a vision retreat where we plan the year and we do all of
- 10:39those things. And I do quite a bit of speaking
- 10:41for those three days. And I'm with like maybe 50 of my
- 10:43clients and like stuff like that.
- 10:46I know if I start hanging out with them on day one, I'll be
- 10:50out. I'll be out by day 2A day
- 10:53through they'll have like 75% of me, then 50% of me and stuff
- 10:56like that. I know that.
- 10:58So what do I do? I'm in solitude, right Then I
- 11:01come out, do my sessions, maybe hang out for 30 minutes or so,
- 11:03go back to my room, solitude to recharge and all of that.
- 11:06And day three, they know after day three, they all know we're
- 11:09going to all hang out with Doctor Una.
- 11:10If he needs to stay for hours, we can because she's delivered
- 11:13what she needs to deliver. And even if she's so tired
- 11:16after, that's fine. She's going home.
- 11:17This is what I mean. So I honor how I recharge, but I
- 11:23don't accept that there's anything I can't do because I'm
- 11:25an introvert. So I can be a rock star
- 11:28entrepreneur. I could be a dominant speaker, I
- 11:30can network like a boss, I could lead high quality teams.
- 11:34I can have difficult conversations with people.
- 11:36I can do all of that as an introvert because those are
- 11:39skills. But then I also honor, if you're
- 11:43gonna go do this big events, you have to figure out where you're
- 11:45gonna recharge because you're gonna need to recharge.
- 11:49So I don't let it stop me. And in fact, I do see it as a
- 11:52superpower because one thing about introverts is they're in
- 11:54their heads a lot. They think a lot, they analyze,
- 11:57they observe a lot. And so for me, when I think
- 11:59about the frameworks I developed for this is how, for instance,
- 12:02you can take your business to seven figures, all this stuff.
- 12:04Part of it is because I study everything.
- 12:07I study businesses, I study them in different industries, I study
- 12:10entrepreneurs and what they do, I observe a lot of things.
- 12:13I'm playing around with these frameworks in my mind.
- 12:15So actually, I think being an introvert is a superpower at
- 12:18this point. I wouldn't trade it for.
- 12:20Anything. Yeah, absolutely.
- 12:22It's your social battery. Someone told me that recently.
- 12:26So yeah, social battery. And that's kind of goes into one
- 12:29of the questions that I wanted to ask you, because you're very
- 12:33measured with your time and you protect your time.
- 12:37And so one of my questions was, what kind of things are you
- 12:42saying no to to make room for other things in your life?
- 12:47That's a great question. Well, so this is the way I think
- 12:53about it, right? I have one life and let's say I
- 12:58have a 12 block, well, 12 month period I'm looking at.
- 13:00So I have this 12 month block and in this 12 month block I
- 13:04have defined what I want to accomplish.
- 13:07OK, so let's say I'm making this up that I wanted to help 1000
- 13:12doctors in this 12 month block and I wanted to help them do
- 13:16their first or next 7 figures in revenue.
- 13:18This is my agenda from a business perspective.
- 13:21OK? Now in order to do that, I'm
- 13:24like OK, we need to work the marketing, we need to work the
- 13:26sales, we need this kind of team.
- 13:28And these are my core roles. These are the things only I can
- 13:31do. Once I've defined that, then it
- 13:35becomes very clear what I should spend most of my time doing.
- 13:40And I take it a step further where I also define these things
- 13:44you used to do, you no longer do.
- 13:47So for instance, maybe I used to manage my own social media.
- 13:50And it's like, well, if you're gonna do that, you're not gonna
- 13:52be able to manage your own social media.
- 13:54But because I've done it for so long, then I put on there like,
- 13:57this is an 80% activity. This is an activity I no longer
- 14:00do, right? Maybe I used to manage my own
- 14:02e-mail and calendar. I'm like, no, you have an
- 14:04executive assistant now that you hired this person takes care of
- 14:07all of that for you. I used to do my own sales calls.
- 14:10You can't do that anymore. Now you have this person who
- 14:12like I literally document it because it's a habit.
- 14:16It's something I've done as a habit.
- 14:18I have to stop it. I have to.
- 14:20And this list, I look at it every day like, hello, Doctor
- 14:22Una, these are the things you do not do.
- 14:24These are the things you do right?
- 14:26And so I have to rewire my brain because this is what I tell my
- 14:30clients. I say the gravitational pull of
- 14:33your formal self, Israel. You must respect it like you
- 14:38think, oh, I read a book and now I'm gonna do things differently.
- 14:40Oh, no, you won't. Not except you're very
- 14:42intentional about it because you may do it differently for two
- 14:45weeks and you will go back to the way you've always done it
- 14:48because you've done it maybe for years, right?
- 14:50So I have a list of these are the things you do.
- 14:53These are the things that are good.
- 14:54There's nothing wrong with them. In fact, they got you where you
- 14:57are now, but you no longer do. Now I'm gonna make mistakes and
- 15:01all of that stuff, but I don't even see them as mistakes.
- 15:03I see them. I'm wearing training wheels,
- 15:05right? I'm trying to function at this
- 15:06higher level. And then because I've defined
- 15:10where I'm going, when somebody comes with an opportunity that
- 15:14doesn't line up with where I'm going, it doesn't matter how
- 15:17good it is, it's not taking me where I'm going.
- 15:19So the answer is no. This is, I mean, when someone
- 15:23comes, I want to be a part of your team and I look and there's
- 15:25nothing you're doing that takes us where we're going.
- 15:29So the answer to that is going to be enough.
- 15:31It becomes so much easier. But there's no way to get there
- 15:35where it's crystal clear what is a shiny object and crystal clear
- 15:39what is a distraction, except you define with clarity where
- 15:43you're going. And I have talked to a lot of
- 15:45people, physicians included, and I say this respectfully, I was
- 15:49there as well, is you would think most physician
- 15:52entrepreneurs have goals for their business.
- 15:54They don't. They don't.
- 15:57And so if you don't, it becomes hard to say no because you don't
- 16:01know what is a good opportunity and what it's not.
- 16:03You do not know who you need on your team and who you don't.
- 16:06You don't know what you should spend most of your time doing
- 16:08all what you shouldn't because it's almost like you have the
- 16:11GPS, but you didn't put the address in, so there's no
- 16:14direction. And so it starts from defining
- 16:17what that is. Many other things become very
- 16:20clear, and the things you should say no to become very clear.
- 16:23Yeah, yeah. It's like Simon Sinek.
- 16:25What's your why? What's your purpose?
- 16:27And then you kind of work backwards from there, right?
- 16:32Always. Always reverse centenarian.
- 16:34Always. Well, a lot of the listeners are
- 16:37either just starting out their DPC or I call them DPC dreamers.
- 16:42They're thinking about it, they're getting ready to to
- 16:45leap. And so they're solo, and a lot
- 16:48of the people who listen are also moms, and they carry a lot
- 16:52of weight at home as well. What kinds of suggestions do you
- 16:57have for people who are starting out that are alone?
- 16:59They don't have a wonderful team like you do.
- 17:02What kinds of things can they do to help move themselves along?
- 17:08Yeah. So there many ways to look at
- 17:11that. So I'm going to start from where
- 17:13I start from and if you want some clarification, just point
- 17:16me in the direction and we'll go there.
- 17:17Let me say two things. The first is especially to the
- 17:20moms you you talked about moms. When I started my private
- 17:24practice, I had a 2 year old and a four month old, OK.
- 17:31And I did not qualify for a loan because I was born in the USI
- 17:36left when I was 6. I came back after medical
- 17:38school. OK.
- 17:39So I had no credit history and all of these kind of things.
- 17:42And so when I got when I was time, I didn't qualify for a
- 17:46loan. So I self funded.
- 17:47So I was working about 12 to 20 hours in the local urgent care
- 17:51in addition to all of this, OK. And then because that is not
- 17:55enough, at the same time, my husband and I planted a church.
- 17:59So this is called chaos of the highest order.
- 18:02OK, let me define what that is. Now I'm telling you what I
- 18:07didn't know then, but I learned, OK.
- 18:09It took me a few years, but I learned.
- 18:12When you decide to become ACEO of physician entrepreneur, one
- 18:17of the best things you can do for yourself is see yourself as
- 18:21the CEO of your life, meaning your business on your home, not
- 18:26the CEO at business. I'm regular mom.
- 18:28When I say regular mom, I don't mean that in a disparate
- 18:30respectful way, like status quo, what you've always done.
- 18:33Because in order to take on new things, you have to let go of
- 18:38some old things. OK, so if for the moms, consider
- 18:43getting a home team, not just the getting a team at home
- 18:48because there's so much you do. There's no award for doing it
- 18:52all by yourself right now. That team would include your
- 18:56family, your kids. I was talking to a lady at a
- 19:00conference I was speaking at and she said her 15 year old, she
- 19:03was doing his laundry or something.
- 19:04I was like 15 years old. And no, ma'am, this will be a
- 19:09hard no, OK or no. So it includes getting your
- 19:14teen, your family on board. They will help you if you ask
- 19:17them. Your children will help you if
- 19:18you hold them accountable to it, right?
- 19:20OK, so it includes that. It includes volunteers like I
- 19:25had in my world, A lot of people I mentored, right?
- 19:29A lot of people I mentored. When I had my fourth child, I
- 19:32was like, listen, y'all go make a roster, okay?
- 19:37Who's gonna come spend time with the baby so I could take a nap?
- 19:41They literally had a roster because I'm like, I spent my
- 19:44whole life with you guys mentoring, doing all this stuff.
- 19:46No, you're gonna come hang with the baby.
- 19:47That's what you gonna do. They had a roster.
- 19:49My life with the 4th baby, if she was my first and that's the
- 19:52way I did, I probably have 10 kids.
- 19:53It was so fun. I was up with the baby at night.
- 19:55It was amazing. So they're people in your world
- 19:59who will help you. So these are like your unpaid
- 20:01team, if you will, right? Because you've put things in the
- 20:04reciprocity bank so you can withdraw, right?
- 20:06And then people you pay like, Oh my goodness, if you can pay a
- 20:09teenager to do your laundry, pay the teenager, teenager's happy,
- 20:13you're happy, everybody's happy. But I, you know, start thinking
- 20:16of yourself as the CEO of your home.
- 20:19It will give you so much peace and quiet.
- 20:21And there's no award category for Mom that did it all.
- 20:26Yeah, it's in a category like that, right.
- 20:28So that's on that side. Now, when it comes to the
- 20:30practice itself, one of the things that has helped me
- 20:33accomplish so much more in the quote UN quote middle time that
- 20:37I have like multiplied my output is spending 80% of my time doing
- 20:44what I consider 20% activities. What are 20% activities?
- 20:47These are the needle movers, right?
- 20:50Like tweaking your business plan for the 700 time is not a needle
- 20:53mover playing on canvas, not a needle mover picking paint for
- 20:57the office. Like must you pick paint?
- 20:58Yes, but it's not a needle mover, right?
- 21:00And you got to be clear on what is the needle mover and what is
- 21:03not. Now when you are starting your
- 21:07marketing is the needle mover of needle movers.
- 21:12And so every time we avoid, I'll tell you what I used to do
- 21:15because nobody else does this right when I have something
- 21:18important to do like marketing that I don't want to do that at
- 21:21the time. Do you want to do right?
- 21:23I would do everything else. My To Do List will be full.
- 21:26But it that is all procrastination, like all 12
- 21:28things are just my method of procrastinating.
- 21:32That's all that it is, right. And so getting your patience is
- 21:37like the most important thing to do, even if you haven't opened
- 21:40yet, building the brand, having an e-mail list and saying sign
- 21:44up for my VIP wait list or whatever.
- 21:46So when I start, you'll be the first to know.
- 21:48And all of those things is the most important activity.
- 21:51So the more you avoid it, the more work you'll have to do.
- 21:55And and that's the truth right now.
- 21:57You might say, oh, it's nerve racking, it's uncomfortable,
- 22:00it's all the things. And you know which it is.
- 22:02But so was putting in IV lines at some point.
- 22:05So is intubating babies at some point.
- 22:07So is running codes at one some point.
- 22:09But you did it afraid and you put in enough reps and you
- 22:13learned how to do it and you became really good at it.
- 22:16It's the same thing with marketing and the rest of the
- 22:18things, right? And so I would say home team, I
- 22:21would say go all in on marketing and don't avoid the
- 22:24uncomfortable things in business because discomfort is where the
- 22:28greatness is. Your comfort zone is where the
- 22:30status quo is. So we get to, we can only choose
- 22:33one. If you choose comfort, you're
- 22:35choosing status quo. We're not moving forward.
- 22:37Nothing's happening. Nothing is happening.
- 22:39If we choose discomfort like the right discomfort, then we're
- 22:45setting the stage for greatness, right?
- 22:46And so, yeah, yeah. Yeah, yes.
- 22:50And I think a lot of times, especially because DPC doctors,
- 22:53they're always like bootstrappers trying to do
- 22:56everything with as little money as possible because you know how
- 23:00it works. You just don't have a lot then,
- 23:03especially if you're coming out of residency, right?
- 23:05There's some people coming out that are doing this, which is
- 23:07amazing. It's wonderful, Yeah.
- 23:09But they want to do everything. They want to answer all the
- 23:11phone calls. They want to call everyone back
- 23:13and explain DPC. And I say, well, you know, maybe
- 23:16you could get a VA because you need to go out and you need to
- 23:21talk to business owners and you need to be showing your face and
- 23:25networking at the Chamber and B and I or whatever it is, because
- 23:29no one else can do that for you because it's you.
- 23:33You're the brand, right? So.
- 23:35Yeah. Absolutely.
- 23:37And I don't think I bootstrap, right?
- 23:40I told you I couldn't qualify for a loan or do anything.
- 23:42And actually as an insurance based practice, I did it all.
- 23:45I answered my own phones. I was the medical assistant,
- 23:49worked up the patient, saw the patient, gave my own vaccines
- 23:51and get this, I build the insurance company.
- 23:54I did everything and I did it not because I couldn't, because
- 24:00I had a fundamental reason, like I don't want to hire, I want a
- 24:02bootstrap. I was afraid.
- 24:04I was like, I don't even know what I'm doing.
- 24:06If I hire somebody and they come in here, they'll figure out I
- 24:08don't even know what I'm doing, right?
- 24:10And I'm like, where will the money come from?
- 24:11Like I'm asking where will the money come from for a medical
- 24:14assistant, right? So I get it.
- 24:17However, the opportunity cost of not hiring that person means
- 24:22that I don't get to go out and market.
- 24:24So I could have now had 200 patients on my panel as ADPC doc
- 24:28and I have 50 because I was answering the phone.
- 24:32Get off the phone and go get the other 150.
- 24:34You see what I'm saying? Like it's too expensive.
- 24:37So you can still do things in a cost effective way, right?
- 24:40One of the things I teach about a lot is the profitable team.
- 24:43Like, how do you bring on team members in such a way that as
- 24:46you bring them all, your profit grows?
- 24:48It doesn't disappear, right? But doing it all yourself is not
- 24:53necessarily the answer. There is a better way.
- 24:57And with you talking about how you didn't have a loan and you
- 25:00had to work in the, you had to moonlight and that's what a lot
- 25:03of people have to do with their practices.
- 25:05They're kind of half DPC, half hospital or half urgent care.
- 25:10Did you feel like that hindered your growth?
- 25:13I mean, you had to, but obviously you would have
- 25:16preferred to just work on your practice.
- 25:18But what do you think it would have been like if you hadn't
- 25:21done that? Well, I don't know that it would
- 25:24have hindered my growth. I think it's because of the way
- 25:27I handled it, Like some people did half and do half and half.
- 25:30That's not what I did. What I did was I need the
- 25:35revenue. I need to fund this.
- 25:38Like literally was my funding strategy.
- 25:41Like if I had taken a loan, I would have had to pay back
- 25:44interest and do all of that stuff.
- 25:45There's stuff that, and to me, I just saw it like, this is me
- 25:48paying interest. That's what that was.
- 25:50And so I started with, in the beginning, we're not really
- 25:54busy, so I could do as many shifts as possible.
- 25:56And every time I added on more patience, I decreased my shifts,
- 26:01it was a titration like, yeah, my priority was not working the
- 26:05job. Like, I'm going to do both.
- 26:07It was not about doing both. It was about funding my practice
- 26:11because of the intention. It never became a distraction
- 26:15that never came a place where this is safe.
- 26:17Do I hold on to this? It was never that because the
- 26:20job was. It was not a safety net.
- 26:23It was not something I do. So I just have revenue because
- 26:26what that does is then you don't put pressure on the business,
- 26:29right, to grow and stuff like that.
- 26:30So it was never 1/2 and half. It was never a safety net.
- 26:35It was literally I have to pay the rent for my practice.
- 26:38I have to pay this, I have to pay that, pay a few bills.
- 26:40So I don't put pressure on the newborn, right, Because the the
- 26:43practice was a newborn. But yeah, this newborn is going
- 26:46to pay bills in a second. And so I probably overall
- 26:50probably did that for a year and a half.
- 26:52And of course, it started off heavy and just kept dropping
- 26:56that since maybe 2 * a month. And it got to a place I was
- 26:59like, forget it. I'm not, I'm not doing it
- 27:01anymore. So it didn't hinder my growth.
- 27:02But if that is not the intent, it can, right?
- 27:05If we're like, I have two sources of revenue, my practice
- 27:08on my job that yeah, that's, that's gonna hinder stuff big
- 27:11time. Yeah.
- 27:12I think that you what you said, the safety net, I think that's
- 27:16what a lot of people are doing is because they're just like, I
- 27:18don't know if I can get the patients, let me just kind of
- 27:21keep this. And in that situation, I think
- 27:24it is a hindrance. I think you really have to.
- 27:27I like the way that you said you, you've just balanced it
- 27:29out. I don't think people think of it
- 27:31that way. Yeah, because it was not, I
- 27:34didn't see it as a source of income.
- 27:36I saw it as self funding my practice.
- 27:38Yeah, like, and you bring up a interesting point because and
- 27:42it's important is if you're not committed, it is hard to win an
- 27:49entrepreneurship. For instance, in my program
- 27:51someone said can I come try it out?
- 27:54I was like, no, and I would love for you to try it out, but this
- 27:58is what I know. If you try entrepreneurship, it
- 28:01doesn't work. It's like try medical school.
- 28:04Like it's not going to work because that's going to require
- 28:07commit. Like I'm all in because tough
- 28:09times are going to come and it's going to require a version of
- 28:13you that doesn't exist now, right?
- 28:15And so if you have a safety net, you can have a philosophy that I
- 28:19don't want to market, but if you knew you had to grow it, you go
- 28:22like, OK, how do we figure this stuff out?
- 28:25Right? If you had a safety net, you
- 28:28know your pricing is wrong. You know, you should raise your
- 28:30prices, but you're like, I just get them and I just work an
- 28:33extra shift here to make up for it.
- 28:36But if you didn't have that, then you're like, OK, how do I
- 28:40raise my prices? They get rid of the mind drama,
- 28:44raise my prices and offer it confidently knowing people will
- 28:49say yes to it. If you have a safety net, you
- 28:52won't do that, right? And so it doesn't mean throw
- 28:54away reason because sometimes people go like, I quit my job
- 28:57three months ago. I'm ready to start my business.
- 28:59I'm like, Lord have mercy. No, that's not the way this
- 29:01works. Please don't.
- 29:02You're still going to have to. The newborn is not going to be
- 29:04right. So I'm not saying throw away
- 29:06reason, but what I am saying is if you're like, I'm gonna keep
- 29:10this job just in case this doesn't work.
- 29:14Like your backup plan is your real plan.
- 29:16That's the way humans are, right?
- 29:18And so you wanna go all in and if you could learn to run codes,
- 29:24intubate people, literally, like running a code is like raising
- 29:27people from the dead. They died.
- 29:29You got them back up. Like, think about what you learn
- 29:31to do. If you can do that, you can
- 29:33learn marketing, you can learn selling.
- 29:35You can learn operations. You can learn to, you know, look
- 29:38at profit and loss statements and not break out in hives.
- 29:40You can learn all these things, right?
- 29:42Yeah. So you can learn, but commitment
- 29:45is required. If you're like, let me test it
- 29:47out. That doesn't work.
- 29:48Yeah. It doesn't work.
- 29:48Yeah, definitely. And that also brings me to
- 29:51another question I had. I think entrepreneurs, physician
- 29:54entrepreneurs particularly, they have a growth mindset, right?
- 29:59Because like you said, do it scared that you have to learn
- 30:03all these new things. And so you have to have a growth
- 30:05mindset. But some people think that they
- 30:09have a growth mindset, think that they're this is what they
- 30:14want. And maybe they're just not
- 30:17educated, like they hadn't educated themselves enough about
- 30:20what goes into opening a practice and they get into it
- 30:23and they're like, I don't want, I either I can't do this or I
- 30:27don't want to do this. What kinds of things if people
- 30:31really take a hard look at themselves, right?
- 30:34What kinds of things would you say?
- 30:36Maybe this is not for you? Certain.
- 30:40Yeah, yeah. So there are a number of things.
- 30:43First of all, if you are unwilling to change, and this is
- 30:48what I mean by that, we had to do a lot of work to become
- 30:51physicians. We're talking a decade of
- 30:54evolution. And sometimes we get to this
- 30:56point where we're like, I'm pretty much done, Like I don't
- 30:59want to have to change anymore. I don't like I've arrived.
- 31:03We almost feel like I study too hard to still need to study
- 31:07marketing. You know what I mean?
- 31:08Like this should just work. I take great care of patients.
- 31:11Medicine shouldn't be a business and stuff like that.
- 31:14Like we should just take care of patients and everything should
- 31:17be good. I only want to take care of
- 31:18patients. Then I would say especially
- 31:21private practice, like a DPC is probably not for you because
- 31:25there's going to be a lot of pain and suffering.
- 31:27Now, can you flip the attitude? You can.
- 31:31But if you want to keep the attitude and you can, there's
- 31:33there's no right or wrong, but if you want to keep the
- 31:36attitude, you probably want to leave DPC alone, right, And work
- 31:40a job so you can see the patients and then somebody else
- 31:42would do all the things you want to do.
- 31:44That's a decision. You can make that decision.
- 31:46You can decide that this doesn't align with my life and that's
- 31:48fine, you know, So that's one. The other thing is maybe not so
- 31:54much don't start, but it will make it challenging if you don't
- 31:57have a why like somebody. OK, I'll give you an example.
- 32:00A client of mine said this to me once.
- 32:02She said I want to start a coaching program for doctors so
- 32:07they can kick the insurance companies away and start cash
- 32:10pay practices. I said OK.
- 32:13I said wonderful. If she runs a private practice,
- 32:15thriving private practice, I think she'll hit seven figures
- 32:17this year. I said why do you want to start
- 32:22it? Because you are mad at the
- 32:23insurance companies? Or do you want to start it
- 32:25because this is the legacy you want to leave?
- 32:29She said I'm mad at the insurance companies.
- 32:31I said, OK, that anger will not be enough for you to weather the
- 32:36storms that come with building this business.
- 32:39Like I'm doing that. So I of course I can help you do
- 32:41that. But what I'm telling you is that
- 32:43this why is going to wear out. It's a negative.
- 32:48Why, if you will, right? I'm mad at you.
- 32:49So I'm going to say right, I'm like, so, so you sit with it.
- 32:53If it's legacy, let's go. If it's anger, you're going to
- 32:57hate it, you're going to build it, you're going to hate it.
- 32:59You're still going to hate the insurance company, everything.
- 33:02It's not going to be fun. And so we look at the motive.
- 33:06If the motive is look at how much my boss is making off of
- 33:09me, I'm going to go do it myself.
- 33:11It doesn't work because it's not going to be like your job
- 33:15because this is your job. The technician, if you will, the
- 33:18physician, plus the job of the manager and the job of the
- 33:21entrepreneur. Now you acquire 2 new jobs, so
- 33:24now you work 3 jobs, right? It's not going to be enough.
- 33:28So that's the motive. Then being an entrepreneur is
- 33:32going to be painful, right? That's, that's the second one.
- 33:34I would say the third is if you're not, there's a part of
- 33:40having a growth mindset, but if you're not willing to do the
- 33:44work to learn and evolve, then you don't want to do it right?
- 33:49Because it's all learning. If you think about it, right?
- 33:52We had to learn marketing, we had to learn selling.
- 33:55We now realize we had a mind and that mind is full of mind drama
- 33:58that we need to manage and we have to think of pricing and
- 34:02leading team and Oh my goodness, leading more team and all that.
- 34:05So when you think about it, it's a whole lot of evolution.
- 34:08And if you're like, I've paid my dues, I just want to stay at
- 34:12home with my babies. I have time for my then maybe
- 34:15not now. Could you still, could you do
- 34:18this? I have time frame, of course.
- 34:19I mean, I homeschool my kids. Of course you can.
- 34:21There's a way to do it. But if you're not willing to pay
- 34:24the price to do that, then maybe not.
- 34:27It'll be painful because you're resisting the inevitable, right?
- 34:32Like so it would just be so painful.
- 34:34Yeah, we do aesthetics at our practice as well.
- 34:37So it's DPC and aesthetics. And so people say, well, I'm
- 34:40thinking about getting into aesthetics.
- 34:42I'm like, are you really? Because you're going to have to
- 34:45think very hard about that one. It is not regular medicine.
- 34:51It is completely different ball game.
- 34:53So you know, you have to learn marketing.
- 34:56You have to. If you think you're putting
- 34:57yourself out there now, we'll just wait. 10 exits, that's what
- 35:04you mean. Exactly, exactly.
- 35:06Well, Doctor Una, I do not want to take up too much of your time
- 35:09and I really, really appreciate you.
- 35:11I feel like I just got a whole like coaching list is like
- 35:14personal. I am so excited.
- 35:18Well, I'm. I'm happy to hear that.
- 35:20I know I didn't realize that's what was coming so I got tons
- 35:24out of this, but I really, really appreciate you being here
- 35:28and it. Do you have any last thoughts
- 35:31that you want to give to those moms out there who are thinking
- 35:34about DPC? This is what I will say if
- 35:39you're thinking about it and you're scared because you're
- 35:41like, you know what? If it doesn't work, I don't know
- 35:43what to do. This is very different.
- 35:45I want to remind you of who you are.
- 35:48You are a physician, which means at some point in time, the 300
- 35:54things you can do now that make you special, You couldn't make
- 35:59you special as a career. You couldn't do that.
- 36:02And sometimes we hang out with ourselves so much that we don't
- 36:05realize how cool we are. Like there's over 330 million
- 36:08people in the US. There's 1,000,000 physicians.
- 36:11That's you. So you were able to have a
- 36:15dramatic transformation that took you from a person to a
- 36:20person who can bring people back from the dead.
- 36:22OK, thank you for use that analogy.
- 36:24You can make any transition that is required for you to be a
- 36:27successful entrepreneur. Any will it be uncomfortable?
- 36:31Yes, but it's a good discomfort. It's like lifting weights at the
- 36:34gym doesn't feel good when you do.
- 36:35It feels excellent when you're done and you can learn every
- 36:39skill and you can thrive at this.
- 36:43And I'm not saying it to like flattery or anything like that.
- 36:46I've watched hundreds of doctors do this.
- 36:49You can thrive at this. You can become a version of
- 36:52yourself that you're not now. You could market confidently.
- 36:55You could sell confidently. You could do your pricing
- 36:58company. You could lead a team.
- 36:59You can manage your time in such a way that you have more time
- 37:03for your family. You can run your business in
- 37:05such a way that you create financial freedom, right?
- 37:09The vacations that you've been thinking about, you can fund
- 37:12them. You can change your life using
- 37:15entrepreneurship. Will you need to change?
- 37:17Yes. Will you need to do
- 37:18uncomfortable things? Yes.
- 37:20But that is not new to you. There's a lot of evidence.
- 37:22You have evidence that you've done this before.
- 37:24You can just do it one more time.
- 37:26And so don't let the fears hold you back.
- 37:29Fear, except of falling off a Cliff, has never been your
- 37:32friend. It never has been.
- 37:34So don't build a relationship with it.
- 37:36Now instead, go like, huh, what if?
- 37:39What if I could do that practice?
- 37:40What if I could do that practice and I had time for my family?
- 37:44What if I could do that practice and it worked financially?
- 37:47What if I could do that practice and do it confidently?
- 37:50What if I could do then it'll be the best thing that ever
- 37:52happened to me. Like allow yourself go there,
- 37:55find the next steps you need to take and start taking them.
- 37:58But if you look and you've waited for two years, guess
- 38:01what? 2 years has come and gone.
- 38:02The question becomes, will the next 12 months come and go?
- 38:06Will the next two years come and go?
- 38:08Or will those two years come and then you're like, you know, look
- 38:11what happened over the last two years, right?
- 38:14So we don't even if you live to be 200, life is short.
- 38:19We we don't have all the time in the world.
- 38:21Someday we're going to be celebrating our 90th birthday
- 38:23parties, right? What do you what do you think 90
- 38:26year old you is saying? Probably saying, come on girl,
- 38:29you could do it, right? So maybe listen to her and stop
- 38:34waiting. Find the next step.
- 38:36Take that. Let's go, let's go.
- 38:39Yeah, I like it. Let's go.
- 38:40Let's go. Doctor Guna, thank you so much.
- 38:43I appreciate you. Before we wrap up, I just wanted
- 38:46to mention Harmony OPS for DPC, the CRM that I did develop for
- 38:51to write primary care doctors and specifically for DPC doctors
- 38:55who are solo in micro practices or maybe they're just about to
- 38:59open and they're still getting out of their fee for service
- 39:01contract. This is ideal for people who
- 39:04need help with answering the phone, answering questions, busy
- 39:09work that does not take your medical degree to answer these
- 39:13questions. And Harmony OPS for DPC includes
- 39:16tools to help you answer those questions and also to reach out
- 39:19to your potential ideal patience and nurture those relationships
- 39:24so that when you do get out of your fee for service contract
- 39:27that you'll have plenty of people who are interested and
- 39:30waiting to join your practice. So if you're interested in
- 39:34learning more, go to harmonyopsfordpc.com.
- 39:37And because it is the end of the year, we do have special
- 39:39founders rates until the end of the year.
- 39:42So please go take a look and book a demo or give reach out to
- 39:46me if you wanted to learn more. Thank you for listening.
- 39:49I appreciate each and everyone of you listening, and I look
- 39:52forward to bringing you more interviews with DPC doctors in
- 39:55the coming year. Happy holidays to all of you.
- 39:59Thank you for listening to DPC Life.
- 40:02If today's conversation inspired you, hit follow.
- 40:06Leave a review and share it with a friend who's ready for change.
- 40:11Remember, wherever you are in the journey, your DPC family has
- 40:15your back. Until next time, keep building a
- 40:19practice and a life that truly fits you.
- 40:24This show is brought to you by DPC Ads in Minutes and Harmony
- 40:28OPS Health, helping independent doctors like you grow and
- 40:32thrive.