Free Physician-Only Webinar: Start Building Your Internet Business For Turning Your Passion Into Profits!

Free Deal for Freelance MD Members.

Your Own Internet Business — A Cure for the Risk-Averse Physician Entrepreneur.

Free Physician Webinar

The Deal: In this FREE webinar, Dr. Mike Woo-Ming will let let you in on exactly how he gave up his medical practice to triple his income by using the internet to sell information products.

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The Story: From a family of physicians, Dr. Mike Woo-Ming graduated Johns Hopkins and took up clinical practice in California, only to come to the realization that the harsh realities of clinical practice weren't going to end. From a tiny beginning, Dr. Mike started building additional revenue streams on the side to supplement his income as a MD, only to find that they replaced, and then far surpassed what he could make as a physician.

In this webinar Dr. Mike will share that story, and show you exactly how you can do the same thing; either as a part time revenue stream, or a full time nonclinical career change.

This Is For: Every physician who has thought about using the internet to make themselves financially free using the internet.

What You'll Learn In This FREE Webinar:

• What kinds of internet businesses are available to you right now!
• Painful dead-ends and lessons learned, and how to avoid them!
• How to decide if your idea is worth pursuing, or when to give it up!
• How to uncover hidden gems that you already know, and that people will pay you for!
• How to leverage your medical education in ways you never thought possible!
• How to turn what you're passionate about, into a real business!
• How to get started right now.

View more free deals for Freelance MD Members.

Not a Freelance MD Member? Join here. It's free, which is a terrific price.

How To Start Your Own Internet Business For The Risk-Averse Physician Entrepreneur

In a recent issue of Medical Economics, I was astonished when I read the title of the cover "Passion Powers Success". To my amazement, the topic was discussing Physician Entrepreneurship, and the importance of running your own business.

For years, physician entrepreneurship was often considered "taboo". Just recently, I was approached to speak at a physician conference.  However once I had mentioned the title 'Becoming Your Own Boss"- they asked if we could change the topic to something else.

"We don't want to train doctors that way" - says a nameless physician spokesman, as if somehow my speech will cause an exodus of doctors leaving the field and cause mass destruction to our healthcare system.

Is the phrase “physician entrepreneur” an oxymoron?

Becoming an entrepreneur, does not necessarily means quitting your day job.  What it does give you is more choices of what you want to do in your life.  I know many entrepreneurs who still maintain a partial or even full practice, yet are enriched with the challenges and rewards that being one brings.

Now being an entrepreneur is obviously not without its risks. If you have ever watched the ABC Show “Shark Tank”, you will see evidence of everyday inventors who have spent their life savings on creating products, and later finding out the hard way that no one else would want to buy it.

Some think being an entrepreneur requires you to buy a business or franchise.  One couple I have been consulting with recently took over a jewelry business.  They rent store space, hired employees and pay massive overhead.  They take turns working at a store for 12 hours a day, including weekends, while still working their current job. Although they are now making a profit, they have in a sense “bought a second job”.

Many of the above examples, could have been solved by testing out ideas and products using the internet first.  The internet is the greatest level playing field we could every have.  It allows you to reach people in a cost-effective manner in almost any demographic, occupation, or niche market.  My client could have created a website selling jewelry, hired a virtual assistant to run and take orders, and avoid the extra financial costs of running a “brick and mortar” store.

And if you feel you do not have the technical knowhow in building a website, sometimes you don’t even need one! I recently had a great conversation with a radiologist who I helped get his first ebook onto Amazon.  In a short time period, he averages about 10 sales a day, and gets a nice check each month. The best part is he only had to create it once, but it is on a topic that is “evergreen”, content that will always be relevant,  where we both expect sales to continue for years to come.  He already has plans of creating five related books in this field by the end of the year now and building a nice nest egg for him and his family.

Becoming an entrepreneur opens you up to more business models and different ways of thinking. As doctors, generally we only make more money by seeing more patients.  However through the internet, you have the ability to create and launch products such as ebooks, apps, information products, newsletters, subscription sites, and home study online courses where it is created once and get paid on a regular basis. If the only way you are generating revenue is by seeing more patients, it is time to open and consider different avenues of revenue.

Medical Fusion Conference Lecture Videos Available

Freelance MD has become a great place for physicians to learn more about ways they can leverage their medical training in order to advance their careers.  This web hub is a great distance-learning tool to connect like-minded physicians and promote learning.

The live/physical version of Freelance MD is our Medical Fusion Conference which occurs every November in Las Vegas.  At the Medical Fusion Conference we bring together experts from a variety of niche areas-- many of whom write for Freelance MD-- in order to network and connect person to person.  It's an event that only happens once a year, so we eagerly promote it here on Freelance MD with the hope that our readers will pencil the event into their busy schedules.  We want to meet our Freelance MD members and we know you'll benefit from the speakers we've assembled.

Over the past few weeks we've reorganized our Medical Fusion Conference website to make it more interactive and give potential participants an idea of what happens at this innovative event.  We recently added a blog to the Medical Fusion Conference website and we've posted a few lecture clips from past Medical Fusion Conferences.

Check out the videos below to get an idea as to what goes on at the Medical Fusion Conference.  We'll be posting more lecture clips in the near future, so stay tuned to Freelance MD.  

Video clip #1:  In this video, we assembled a team of venture capitalists to discuss VC and how clinical physicians can become a part of this interesting career.  Dr. Bruce Robertson, Managing Director of H.I.G. Bioventures, Dr. Josh Resnick of Prism Ventures, and Dr. Joe Smith, VP of Emerging Technology at Johnson & Johnson are the members of this interesting panel discussion.

 Video Clip #2:  Dr. Michael VanRooyen in the director of the Harvard Humanitarian Initiative and a well-known expert on humanitarian disasters.  However, Dr. VanRooyen is also an experienced entrepreneur and has helped start and develop four businesses, one of which, Ibex, was eventually bought by Picis for millions.  In this lecture, Dr. VanRooyen discusses the culture of start-up companies and how clinical physicians can develop their business skills in order to be more effective in enterprises like these.

Video Clip #3:  Dr. Mike Woo-Ming, a Family Physician who retired from medicine at the age of 35 years old in order to focus on his internet businesses, discusses internet marketing and internet entrepreneurship.  "Dr. Mike" as he is known in internet circles, offers advice to those who are interested in using the internet to leverage their clinical knowledge in a variety of ways.

2011 Medical Fusion Conference Faculty and Agenda

At every Medical Fusion Conference we attempt to cover the most pertinent topics for clinical physicians who are attempting to branch out from their clinical careers.  

For 2011, we've once again assembled a stellar faculty comprised of leaders in many diverse niches from around the country, and have included many hot topics that physicians should be exposed to in this ever-changing healthcare environment.

Our 2011 faculty list was recently published here on Freelance MD, but we've added a few more names so I've decided to list our entire 2011 Medical Fusion Conference faculty once again.  Many of these faculty members are authors here on Freelance MD so you can read about their backgrounds and perspectives here. I'm also listing our agenda below so you can get an idea of what's going to be discussed at this year's event.  Remember, the 2011 Medical Fusion Conference is November 11-13, 2011 and space is limited.  If you're interested in attending you can register online or call 866-924-7969 .

Our 2011 Medical Fusion Conference faculty:

• Dr. Barry Silbaugh, President of the American College of Physician Executives
• Ashley Wendel, founder of High Agility Healthcare
• Dr. Setu Mazumdar, founder of Lotus Wealth Solutions
• Dr. Steven Knope, author of Concierge Medicine: A New System to Get the Best Healthcare
• Jeff Barson, founder Surface Medical, MedicalSpaMD.com and FreelanceMD.com
• Dr. Gary Taff, real estate investor
• Dr. Julie Silver, Chief Editor of Harvard Health Publications
• Dr. Mike Woo-Ming, internet entrepreneur
• Dr. Kenneth Cohn, independent consultant and founder of HealthcareCollaboration.com
• Dr. Gautam Gulati, Senior VP of Digitas Health
• Dr. Steven Peskin, Executive VP and CMO of MediMedia
• Dr. Alan Neuren, disability review consultant
• Tannus Quatre, Principal at Vantage Clinical Solutions

Our conference topics this year are wide-ranging and cover many niches within and around clinical medicine.  Our 2011 agenda is the following:

Friday, November 11th

8:00-9:00  Leaving the Tribe, Silbaugh

9:00-10:00  Physician Career Transition, Wendel

10:00-10:30  Break

10:30-11:30  Prescriptions for Financial Success, Mazumdar

11:30-12:30  Living and Working Abroad, Bledsoe

12:30-2:00  Lunch

2:00-3:00  Concierge Medicine, Knope

3:00-4:00  Cosmetic Medicine Profits Blueprint, Barson

4:00-5:00  Real Estate Investing, Taff

5:00-6:00  Should You Get Your MBA?, Cohn

6:00-7:30  Accelerator I

Saturday, November 12th

8:00-9:00  Writing & Publishing I, Silver

9:00-10:00  Writing & Publishing II, Silver

10:00-10:30  Break

10:30-11:30  Internet Entrepreneurship I, Woo-Ming

11:30-12:30  Internet Entrepreneurship II,  Woo-Ming

12:30-2:30  Lunch

2:30-3:30  Product Development, Silver

3:30-4:30  How to be a Rockstar Physician, Barson

4:30-5:30  Independent Consulting, Cohn

5:30-7:00  Accelerator II

Sunday, November 13th

8:00-9:00  Believe Me: The Importance of Building an Unforgettable Brand, Gulati

9:00-10:00  Careers for Physicians in Managed Care and Health Insurance, Peskin

10:00-10:30  Break

10:30-11:30  Introduction to Disability Review, Neuren

11:30-12:30  Online Marketing for Physicians: The Essentials, Quatre

I wanted to make sure I highlighted our two Accelerator sessions at the end of each day.  Our Accelerators are some of our most popular times spent at the Medical Fusion Conference since each faculty and mentor has a table, and participants are allowed to wander from faculty member to faculty member and ask any and all questions of the speakers.  No other event allows you this much face-time with nationally known leaders.  Our participants raved about our Accelerator sessions in 2010 and we know that our 2011 participants will also enjoy this time.  

As you can see from our faculty list and our agenda, Medical Fusion participants will be given exposure to a wide array of interesting topics and significant time with our stellar faculty.  There's no event like the Medical Fusion Conference and there's only one Medical Fusion Conference in 2011: November 11-13, at the Aria Resort & Casino in Las Vegas. Register today to ensure your place at the most exciting and invigorating medical conference in the country.