Tips for Physician Entrepreneurs

Posted on by PRN | 1 Comment

We came across some interesting advice for doctors involved in or considering a variety of non-clinical careers, consulting, and entrepreneurial pursuits. In an article titled “Physician Career Coach’s Top Ten Tips for a Successful Transition” on her website, EntrepreneurialMD.com, Dr. Philippa Kennealy provides some tips that reflect her extensive experience guiding physicians through self-assessment and career development.

Here is an excerpt from the article:

“As much as I love working with entrepreneurial physicians, I recognize that many physicians plan to transition out of clinical practice into non-clinical careers that don’t include starting their own business.

Yes, many fantasize about being their own boss, with all the tantalizing flexibility and autonomy. However, the realities of a drop in income, lack of time, and lack of business knowledge and experience wreak havoc with their dreams. And Fear doesn’t hesitate to show its pinched face too!

Instead, these doctors who are hungry for a change in direction seek out new physician career opportunities in a number of other less risk-prone areas, such as:

* hospital and clinic administration (strategic planning, operations, credentialling, physician relations, process improvement, clinical quality, etc.)
* health plan medical directorship
* medical communications – written, spoken, entertainment, journalism
* medical and physician education
* pharma
* biotech
* medical device development
* clinical trials
* health information technology
* consulting, working for organizations such Accenture, JCAHO or Siemens
* coaching, working for organizations such as The Studer Group
* corporate wellness and health coaching …

… the list and possibilities are huge.

How then can you make and survive the transition successfully to your non-clinical career?”

To read the rest of the article and learn Dr. Kennealy’s top ten tips, please visit the EntrepreneurialMD.com website.
 

 

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