WEBVTT
00:00:00.080 --> 00:00:03.729
The market has changed, healthcare has changed, the United States has changed.
00:00:03.729 --> 00:00:05.020
Everything has changed.
00:00:05.020 --> 00:00:08.750
The most dangerous thing you can do is remain the same.
00:00:08.750 --> 00:00:10.292
Nobody's coming to save us.
00:00:10.292 --> 00:00:13.246
Nobody's coming to make it easier to run private practices.
00:00:13.246 --> 00:00:15.521
Nobody's coming to make it easier for the coaches.
00:00:15.521 --> 00:00:18.428
Nobody's coming to make it easier for you to work at your job.
00:00:18.428 --> 00:00:19.981
You're going to make it easier.
00:00:19.981 --> 00:00:21.486
You're going to become different.
00:00:21.486 --> 00:00:23.312
You're going to uplevel yourself.
00:00:30.399 --> 00:00:37.183
Hi docs, welcome to the EntreMD podcast, where it's all about helping amazing physicians just like you embrace entrepreneurship so you can have the freedom to live life and practice medicine on your terms.
00:00:37.183 --> 00:00:39.030
I'm your host, dr Imna.
00:00:39.030 --> 00:00:54.348
At the time of this recording, it's the end of the year, and one of the things I spend a lot of time doing at the end of the year is I spend time thinking, and that's because life is strange.
00:00:54.348 --> 00:01:33.052
You can live one life, the same exact life, year in and year out, for 40 years, or you can change every year and live 40 lives in one, and if you don't stop to evaluate, to think, to ask yourself the tough questions, you can put yourself in a position where, at the end of your life, you find out that you just live the same life over and over and over again, and that is something that I wouldn't wish on my worst enemy, and it's something that I take the time to think about to make sure that I'm constantly moving forward, because, guess what, when you're 80, when you're 90, it is too late.
00:01:33.052 --> 00:01:34.096
That doesn't mean you're dying.
00:01:34.096 --> 00:01:39.929
Then you don't have the strength, you don't have the time, you don't have the time for compounding.
00:01:39.929 --> 00:01:42.935
When you're young, your youth is a gift.
00:01:42.935 --> 00:01:45.459
That's the time that we tend to waste the most.
00:01:45.459 --> 00:01:58.510
So, anyway, this podcast episode kind of has me in my feelings, because there's a lady that I met about a week ago, and the first time I met her was a decade ago.
00:01:58.700 --> 00:02:02.030
The first time I met her was 10 years ago.
00:02:02.030 --> 00:02:03.625
At this time she was really young.
00:02:03.625 --> 00:02:11.728
She was 19, very gifted, very talented, had a lot of opportunity, and I remember talking to her.
00:02:11.728 --> 00:02:21.048
Talking to her about getting into school, talking to her about developing certain skills that would help her with where she was trying to go, talk to her about reading, about personal development.
00:02:21.048 --> 00:02:22.170
All of that Because I knew.
00:02:22.170 --> 00:02:24.687
I said you're young, you have nothing but time.
00:02:24.687 --> 00:02:28.622
If you invest this time, it's going to be so amazing, not in a way where she doesn't have a life.
00:02:28.622 --> 00:02:29.424
But this is the thing.
00:02:29.424 --> 00:02:31.248
How long does it really take to read a book?
00:02:31.248 --> 00:02:33.343
How long does it really take to develop a skill?
00:02:33.343 --> 00:02:36.592
These things don't take as much time as we claim they do.
00:02:36.592 --> 00:02:40.122
But if we have the intentionality, we can do amazing things.
00:02:40.122 --> 00:02:45.068
So, anyway, no matter what I did, so anyway, no matter what I did, she never did anything.
00:02:45.068 --> 00:02:51.575
She never read the books, she didn't end up going to college, she didn't develop any of those skills.
00:02:55.740 --> 00:03:00.629
Her talent is still in its raw form and her life is pretty upside down, pretty upside down.
00:03:00.629 --> 00:03:11.623
I remember, looking at her, you might say okay, you're talking to a physician and entrepreneurs.
00:03:11.623 --> 00:03:13.306
What does it have to do with anything?
00:03:13.306 --> 00:03:13.806
Just roll with me.
00:03:13.806 --> 00:03:18.253
I looked at her and I said time, life is brutal, and I'll tell you why I said that.
00:03:18.253 --> 00:03:24.310
I said that because in 10 years she hasn't moved forward, she hasn't changed.
00:03:24.310 --> 00:03:26.614
She's complaining about the same things.
00:03:26.614 --> 00:03:27.945
She's the same.
00:03:27.945 --> 00:03:34.968
I mean, of course she's older and she looks more mature and all those kinds of things, but nothing fundamentally has changed.
00:03:34.968 --> 00:03:38.250
It's almost as though she's been sleepwalking for a decade.
00:03:38.250 --> 00:03:46.444
And it made me very concerned because I said, for instance, for you and I, we're entrepreneurs and all these things.
00:03:46.979 --> 00:03:51.893
When we look at that, we can see oh my goodness, this is a waste of a decade.
00:03:51.893 --> 00:04:05.350
And life is brutal, or can be brutal, because it's not as though if you waste a decade, that time will say oh, you wasted a decade, let's be nice to you and even if you don't do the work, let this next decade be better.
00:04:05.350 --> 00:04:09.169
No, it's just going to be a repeat of the decade before.
00:04:09.169 --> 00:04:10.872
And it's not as though you're the same.
00:04:10.872 --> 00:04:13.270
You can't be the same because other people move forward.
00:04:13.270 --> 00:04:15.719
So you're actually moving backwards.
00:04:15.719 --> 00:04:18.045
Every year you're moving backwards.
00:04:18.045 --> 00:04:27.182
So I was reflecting on this and as I was reflecting on it, I said for a physician entrepreneur, when you look at that, you'll say this is awful.
00:04:27.182 --> 00:04:30.449
But the question is, how about our lives?
00:04:30.449 --> 00:04:30.651
Now?
00:04:30.651 --> 00:04:32.101
Our lives may not be as stagnant.
00:04:32.101 --> 00:04:33.807
We went to school, we did all of these things.
00:04:33.807 --> 00:04:34.790
We look kind of different.
00:04:34.790 --> 00:04:44.048
But after graduation, after you started that business, after you hit your first million, after whatever, the point is that you're like poof done.
00:04:44.048 --> 00:04:46.774
You stay in the same spot.
00:04:46.774 --> 00:04:55.752
You stay with the same limitations, the same challenges, the same story for decades.
00:04:55.752 --> 00:04:59.237
It is a waste of life.
00:05:00.038 --> 00:05:02.764
My job is to fight to grow every day.
00:05:02.764 --> 00:05:06.196
You see, when we're children, we grow by default.
00:05:06.196 --> 00:05:07.178
You just eat and you grow.
00:05:07.178 --> 00:05:07.982
You eat and you grow.
00:05:07.982 --> 00:05:13.408
When you become an adult, growing is something that happens against resistance.
00:05:13.408 --> 00:05:14.911
It's something that happens.
00:05:14.911 --> 00:05:17.398
It's almost like you're going against gravity.
00:05:17.398 --> 00:05:19.663
There's nothing natural about it.
00:05:19.663 --> 00:05:23.737
The natural state is for you to not move forward.
00:05:23.737 --> 00:05:26.331
The natural state is for you to stay the quote unquote.
00:05:26.331 --> 00:05:28.740
Stay the same Because, like I said, you're getting worse.
00:05:29.569 --> 00:05:32.014
I fight to grow every single day.
00:05:32.014 --> 00:05:33.016
I fight.
00:05:33.016 --> 00:05:34.980
I fight to read the book.
00:05:34.980 --> 00:05:37.771
I fight to dare my fears and learn the new skill.
00:05:37.771 --> 00:05:38.860
I'm like, oh my goodness, I don't know how to lead a team.
00:05:38.860 --> 00:05:39.247
I fight to dare my fears and learn the new skill.
00:05:39.247 --> 00:05:40.692
I'm like, oh my goodness, I don't know how to lead a team.
00:05:40.692 --> 00:05:42.398
I fight to learn how to do that.
00:05:42.398 --> 00:05:44.531
I don't feel confident when I speak on stage.
00:05:44.531 --> 00:05:46.677
I fight to become this confident speaker.
00:05:46.677 --> 00:05:49.343
I'm uncomfortable talking about money.
00:05:49.343 --> 00:05:51.175
I fight to get comfortable with it.
00:05:51.175 --> 00:05:54.653
When I look at profit and loss statements, I just want to break out in hives.
00:05:54.653 --> 00:05:55.536
I don't know what that's about.
00:05:55.536 --> 00:05:57.161
I fight to learn it.
00:05:57.642 --> 00:06:00.653
Guys, this is not a regular podcast episode.
00:06:00.653 --> 00:06:02.641
We're talking about your life.
00:06:02.641 --> 00:06:05.411
We're talking about the regrets you're going to have at 90.
00:06:05.411 --> 00:06:12.677
We're talking about the fact that maybe you've been the same for a decade or five years or two years or 15 years.
00:06:12.677 --> 00:06:20.182
Now, on the outside, people look at you and they're like, oh, she's amazing, he's amazing Physician has the business, business is doing well, all that stuff.
00:06:20.182 --> 00:06:22.478
But you know, you settled like two years ago.
00:06:22.478 --> 00:06:26.000
I want to challenge you today to fight, to grow every day.
00:06:26.000 --> 00:06:28.656
You're a human with great potential.
00:06:28.656 --> 00:06:29.940
It's time to fight.
00:06:29.940 --> 00:06:31.916
It's time to no longer stay the same.
00:06:32.430 --> 00:06:38.005
If you're listening to this and you're like, oh, I can't build a business that does $250,000 in revenue, it's time to get out of it.
00:06:38.005 --> 00:06:39.971
How do I need to grow to pull this off?
00:06:39.971 --> 00:06:42.879
How do I need to grow so this becomes a historical statement?
00:06:42.879 --> 00:06:44.071
You've been circling.
00:06:44.071 --> 00:06:46.137
Now you know you want to build a seven-figure business.
00:06:46.137 --> 00:06:47.261
You've been circling.
00:06:47.261 --> 00:06:49.093
It's time to grow.
00:06:49.093 --> 00:06:53.952
You want to lead a team because you know the busier you get, the worse your life is.
00:06:53.952 --> 00:06:54.935
Because you don't have a team.
00:06:54.935 --> 00:06:56.220
Everything is falling on you.
00:06:56.220 --> 00:07:03.978
But like, oh, I don't do people, I can't talk to people, I'm too shy to cast my vision, I don't know what to do.
00:07:03.978 --> 00:07:05.363
If you don't know what to do, learn how to do what you need to do.
00:07:05.363 --> 00:07:05.966
We can't stay the same.
00:07:05.966 --> 00:07:07.250
We can't keep telling the same story.
00:07:07.250 --> 00:07:08.891
We're burning daylight.
00:07:08.891 --> 00:07:10.613
We're burning daylight, okay.
00:07:10.733 --> 00:07:17.422
So recently we had the Entremet Business School open for enrollment and people asked me this question Like is this the only time it's open?
00:07:17.422 --> 00:07:20.946
Can I wait and join three months from now?
00:07:20.946 --> 00:07:21.947
Please don't get me wrong.
00:07:21.947 --> 00:07:24.017
There are legit reasons why people would have to do that.
00:07:24.017 --> 00:07:28.982
But the question I always ask is the statement I make is it's not about the business school.
00:07:28.982 --> 00:07:30.815
The business school is here.
00:07:30.815 --> 00:07:32.682
The business school is going to be here.
00:07:32.682 --> 00:07:35.439
This business school is going to be here five years from now.
00:07:35.439 --> 00:07:39.891
The question is are you going to wait five years year, five years from now?
00:07:39.891 --> 00:07:40.916
The question is are you going to wait five years?
00:07:40.916 --> 00:07:42.083
Are you going to wait five years to learn the thing?
00:07:42.083 --> 00:07:43.249
Are you going to wait five years to make the transition?
00:07:43.249 --> 00:07:45.776
Are you going to take five years to make the commitment to your business?
00:07:45.776 --> 00:07:53.971
You're going to wait five years before you decide, like I'm going to take matters into my own hands and live the dream life I want to live and build the dream business I want to build.
00:07:53.971 --> 00:07:55.492
Like, are you going to wait on that.
00:07:55.492 --> 00:07:57.132
It has nothing to do with the school.
00:07:57.132 --> 00:07:58.372
So let me talk about this.
00:07:58.452 --> 00:08:01.173
Okay, I fight to grow right.
00:08:01.173 --> 00:08:02.035
Let me give you what I do.
00:08:02.035 --> 00:08:03.394
There are three areas.
00:08:03.394 --> 00:08:06.476
I fight in three arenas.
00:08:06.476 --> 00:08:10.358
I fight in One is I fight to grow my mindset.
00:08:10.358 --> 00:08:14.920
Okay, and you may have rolled your eyes because you're like I used to be where.
00:08:14.920 --> 00:08:17.601
I'm like, hey, I don't need to do this mindset stuff, I just need the strategy.
00:08:17.601 --> 00:08:18.062
No, you don't.
00:08:18.062 --> 00:08:19.322
No, you don't.
00:08:19.762 --> 00:08:25.584
Those limiting beliefs, those faulty ways of thinking, they will cost you all day, every day and twice on Sunday.
00:08:25.584 --> 00:08:31.548
The way you think about yourself, the way you see yourself, all of that, it will all cripple you.
00:08:31.548 --> 00:08:38.153
If it's negative, your mindset is not neutral.
00:08:38.153 --> 00:08:39.698
It's either an asset or it's a liability.
00:08:39.698 --> 00:08:41.547
If it's a liability, it's time to work on it.
00:08:41.547 --> 00:08:45.251
It's time to work on it.
00:08:45.251 --> 00:08:45.693
How do you work on it?
00:08:45.693 --> 00:08:46.054
You feed it right.
00:08:46.054 --> 00:08:46.778
You feed it with the right material.
00:08:46.778 --> 00:08:52.054
Think about how you've already been challenged, listening to this podcast episode, to think a certain way, right.
00:08:52.054 --> 00:09:12.365
And so when you think about that sleeping dogs lie and complaining and being the victim and all of that stuff, now you have an understanding that you're burning daylight and you're going to be like this lady that I was talking about that a decade later she's exactly the same, exactly the same, my goodness, okay.
00:09:12.365 --> 00:09:16.221
So you feed yourself on the right information.
00:09:16.221 --> 00:09:17.505
You feed yourself.
00:09:17.505 --> 00:09:19.044
You know where those limiting beliefs are.
00:09:19.044 --> 00:09:19.243
You feed yourself.
00:09:19.243 --> 00:09:20.174
You know where those limiting beliefs are.
00:09:20.174 --> 00:09:20.379
You feed yourself.
00:09:20.399 --> 00:09:23.586
You reflect, like think about what you're thinking about.
00:09:23.586 --> 00:09:25.331
What are the thoughts that stop me?
00:09:25.331 --> 00:09:26.936
What are the thoughts that trigger me?
00:09:26.936 --> 00:09:29.831
What are the thoughts that make me get in my own way?
00:09:29.831 --> 00:09:33.961
What are the thoughts about myself that are so bad I would never even say to anybody else?
00:09:33.961 --> 00:09:38.192
You start thinking about what you're thinking about so you can explore new ways of thinking.
00:09:38.192 --> 00:09:41.033
You start thinking about what you're thinking about so you can explore new ways of thinking.
00:09:41.033 --> 00:09:45.196
But we got to think about what we're allowing our mindset to be because it's time to grow it.
00:09:45.196 --> 00:09:47.057
If we don't grow it, we'll keep it the same.
00:09:47.817 --> 00:09:55.360
The mindset of if it's going to be, it's up to me, like the only person who can do this work right is me is a faulty way of thinking.
00:09:55.360 --> 00:10:02.183
It's a faulty way of thinking right If you think about the fact that oh, you know, I'm a physician coach.
00:10:02.183 --> 00:10:04.846
I could never replace my salary but by coaching business.
00:10:04.846 --> 00:10:06.667
It is a faulty way of thinking.
00:10:06.667 --> 00:10:10.087
It's a faulty way of thinking You're playing the victim.
00:10:10.087 --> 00:10:15.053
At the end of the day, it's your life and the person responsible for the outcome of your life is you.
00:10:15.053 --> 00:10:16.755
It's a faulty way of thinking.
00:10:17.135 --> 00:10:20.760
I cannot let my mindset be the same after a 90-day period.
00:10:20.760 --> 00:10:22.923
I cannot let my mindset be the same for a year.
00:10:22.923 --> 00:10:25.630
I cannot let my mindset be the same for a decade.
00:10:25.630 --> 00:10:29.398
Ask yourself the question what am I doing to shift the way I think?
00:10:29.398 --> 00:10:34.596
Number one, number two my skill set, my skill set.
00:10:35.557 --> 00:10:43.658
If you want better, if you're going to push for better, if you're going to create better results, if you're going to do all of that, you must upgrade your skillset.
00:10:43.658 --> 00:10:45.894
For instance, you have a business.
00:10:45.894 --> 00:10:49.225
Business is not doing up to $100,000 in revenue.
00:10:49.225 --> 00:10:50.229
It's not doing 300.
00:10:50.229 --> 00:10:51.052
It's not doing 400.
00:10:51.052 --> 00:10:52.479
What is the skillset in the way?
00:10:52.479 --> 00:10:53.442
Is it marketing?
00:10:53.442 --> 00:10:54.386
Is it selling?
00:10:54.386 --> 00:10:57.114
If you're further along in your business, is it building the right team?
00:10:57.114 --> 00:10:58.596
Is it building the right culture?
00:10:58.596 --> 00:11:04.447
It's time to work on that, and it's not just every skillset.
00:11:04.528 --> 00:11:15.059
One of the things I've been teaching my clients is this there is one master skill that if you commit to it over the next 12 months, it will radically change your life and every aspect of your life.
00:11:15.059 --> 00:11:15.981
It is one skill.
00:11:15.981 --> 00:11:17.232
What is that skill for you?
00:11:17.232 --> 00:11:18.615
For some of you, maybe selling.
00:11:18.615 --> 00:11:20.881
For some of you, it's building team.
00:11:20.881 --> 00:11:22.615
For some of you, it's recruiting.
00:11:23.309 --> 00:11:26.760
For me for 2025, it's persuasive speaking why.
00:11:26.760 --> 00:11:28.456
I speak everywhere.
00:11:28.456 --> 00:11:31.230
I have podcasts, I have YouTube channels.
00:11:31.230 --> 00:11:36.623
I do a monthly, I do a daily mentoring call for people of faith.
00:11:36.623 --> 00:11:43.296
I preach at church, I teach at events, I host live sessions at the Ontario Business School.
00:11:43.296 --> 00:11:44.340
I lead a team.
00:11:44.340 --> 00:11:45.885
I have trainings for my team.
00:11:45.885 --> 00:11:47.591
I do vision casting for my team.
00:11:47.591 --> 00:11:51.441
The physician community I'm talking about a whole movement, all of that.
00:11:51.441 --> 00:11:53.230
My children they're homeschooled.
00:11:53.230 --> 00:11:54.955
Guess what I'm doing Speaking all day.
00:11:54.955 --> 00:12:02.690
At the end of the day, if I upgrade this one skill, everything gets better.
00:12:02.690 --> 00:12:10.390
I can commit to a year of developing one skill this person I'm talking about for 10 years no new skills.
00:12:11.833 --> 00:12:16.923
It's a tragedy as a physician entrepreneur, it's a tragedy Like.
00:12:16.923 --> 00:12:20.143
We have to start being intentional about who we're becoming, be intentional of our skill level, and it's a tragedy.
00:12:20.143 --> 00:12:25.578
We have to start being intentional about who we're becoming, be intentional of our skill level and how it's growing, be intentional.
00:12:25.578 --> 00:12:29.417
Every 90 days, people should be able to look at us and say you're different.
00:12:29.417 --> 00:12:30.620
You're different.
00:12:30.620 --> 00:12:31.791
We can't stay the same.
00:12:31.791 --> 00:12:35.821
Guys, listen, the healthcare space is changing at such a speed.
00:12:35.821 --> 00:12:39.158
One of the most dangerous things you can do is remain the same.
00:12:39.158 --> 00:12:41.072
We can't remain the same.
00:12:41.072 --> 00:12:44.061
We're amazing, we have amazing skills and all of that.
00:12:44.061 --> 00:12:52.693
Now it's time to retool, uptool, upskill, add new skills, add new mindset, add all of that stuff and we adapt as the market is adapting, so we can continue to thrive.
00:12:52.714 --> 00:12:53.856
It is going to be ugly if you stay the same.
00:12:53.856 --> 00:12:55.139
I don't care if you're running a $3 million business.
00:12:55.139 --> 00:12:56.744
It is going to be ugly if you stay the same.
00:12:56.744 --> 00:12:59.210
I don't care if you're running a $3 million business.
00:12:59.210 --> 00:13:01.797
It is going to be ugly if we remain the same.
00:13:01.797 --> 00:13:03.100
It's time to change.
00:13:03.100 --> 00:13:16.999
It's time to up-level, it's time to learn the skills and whatever if you have to pay for it, whatever if you have to join a program for it, whether it's the Entremet Business School or another one, whatever, whatever.
00:13:16.999 --> 00:13:27.870
Like, I see people who are happy to pay $100,000 in taxes and they turn around and they tell me the entrepreneur business school is too expensive, they can't make the investment.
00:13:27.870 --> 00:13:31.418
I'm like okay, listen to the IRS.
00:13:31.418 --> 00:13:36.491
Then the IRS says if you do this, invest in your business education.
00:13:36.491 --> 00:13:41.875
We don't even do this for college, but if you invest in your business education you can write that off.
00:13:41.875 --> 00:13:49.253
But if you want to keep the money you got to pay me taxes, they're incentivizing you to go develop yourself.
00:13:49.693 --> 00:13:50.981
I totally went off on the tangent there.
00:13:50.981 --> 00:13:55.042
But this is the deal If you're going to pay the IRS, you're going to pay for vacation.
00:13:55.042 --> 00:13:55.904
Let's talk about this.
00:13:55.904 --> 00:13:58.100
Right, you say no, but I have one life and I have to live it.
00:13:58.100 --> 00:14:02.706
Yes, but you have to understand the sequence I'm telling you.
00:14:02.706 --> 00:14:05.190
This lady's story got me all in my feelings.
00:14:05.669 --> 00:14:09.576
When you need to make a sacrifice when I say a sacrifice, what I mean?
00:14:09.576 --> 00:14:16.142
Like if I went on a vacation that costs $2,000, that's a vacation that I don't have to think about to afford.
00:14:16.142 --> 00:14:20.799
Okay, at this stage in my life, there was a time it was not that way, but now it is.