The Lunchtime Physician Entrepreneur: As Easy Blueprint for Moving From Employee to Private Practitioner in Your Spare Time!
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About this ebook
Adapted from the successful interactive audio-visual e-course, The Lunchtime Physician Entrepreneur is a crash course for like-minded physicians who want to make a smooth transition into running their own private practices. After accepting a lower-paying position with a Federally Qualified Health Center in order to give back to her comm
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Book preview
The Lunchtime Physician Entrepreneur - MD Shanicka Scarbrough
THE LUNCHTIME PHYSICIAN ENTREPRENEUR
Published by Purposely Created Publishing Group™
Copyright © 2017 Shanicka Scarbrough
All rights reserved.
No part of this book may be reproduced, distributed or transmitted in any form by any means, graphics, electronics, or mechanical, including photocopy, recording, taping, or by any information storage or retrieval system, without permission in writing from the publisher, except in the case of reprints in the context of reviews, quotes, or references.
Unless otherwise indicated, scripture quotations are from the Holy Bible, King James Version. All rights reserved.
Printed in the United States of America
ISBN: 978-1-947054-00-4
Special discounts are available on bulk quantity purchases by book clubs, associations and special interest groups. For details email: sales@publishyourgift.com or call (888) 949-6228.
For information logon to:
www.PublishYourGift.com
Dedication
To my mother, Paulette, you have pushed me into my purpose, without saying one word.
Table of Contents
Introduction
Chapter 1: My Story
Chapter 2: The Physician Entrepreneur Mindset
Chapter 3: Write the Vision, Make It Plain!
Chapter 4: Steps to a Strong Foundation
Chapter 5: How To Get Paid
Chapter 6: Practice Management
Chapter 7: Invest in Yourself
About the Author
Introduction
Are you on the verge of burnout in your current position as a physician? Is your vision of what it would be like to be a doctor crumbling right before your eyes? Have you thought about giving up your career after working so hard to get here? Before you throw in the towel, there’s a solution.
What if you can serve your patients in a high-quality practice, without sacrificing the freedom and income you desire? What would it be like to actually feel joy, instead of dread, when going to work in the morning?
Hi, I am Doctor Shanicka Scarbrough, Board Certified Family Medicine Physician, also affectionately known as America’s Favorite Family Doctor. I am licensed to practice medicine in 15 states and serve individuals across the United States as a health expert and coach. I was the successful owner and Chief Medical Officer of Divine Aesthetics Medspa Wellness Centre located in Chicago, Illinois, the private practice I started fresh out of residency after working one year in corporate medicine. I closed this practice in August of 2016 because of getting married to my husband, Pastor Darryl Scarbrough, and moving across the country to California. In the next couple of years, we look forward to opening a medical clinic as a mission of the church to service those less fortunate and without adequate health insurance.
I have also had the pleasure of creating a step-by-step six-week training program called The Lunchtime Physician Entrepreneur E-course,
which was created to physicians, such as yourself, to build their own thriving practice in their spare time. This book is the culmination of those modules into one easy book that you can read and implement at your leisure!
I created this course because I know from firsthand experience how difficult it is as a startup business to convince banks or capital investors to invest in your dream. I know the frustration of feeling like a workhorse, helping to build someone else’s dream. I took the time to invest in myself, and now I want to empower other physicians to do the same thing for themselves.
CHAPTER 1
My Story
Truth be told, many of us, when contemplating the field of medicine, had some type of vision of what the practice of medicine would look like. Prior to entering our respective fields, we were all wearing rose-colored glasses, and everything is beautiful when you are looking through rose-colored glasses, right? Well let’s put them back on, and let’s rediscover what we can see with them, ok? Got ‘em on? Good, now think back to when you first realized you wanted to be a doctor.
What did you think it would be like? In today’s society, physicians are glamorized in movies, TV programs, and reality shows, like Grey’s Anatomy and Married To Medicine, respectively. They are hot in the action, every moment requiring the word STAT
, saving lives everyday. Physicians, through our rose-colored glasses, are revered by the community. We are imagined to live fabulous lives, have beautiful expansive homes, drive expensive luxury vehicles, and travel around the world without a care in the world. Now, this may be the case for some physicians, especially if you are in the higher-paid sub-specialties, but this may not be the reality for most, like primary care physicians. Most of us, instead, have loans the size of the house note reflected in our rose-colored glasses!
Once you graduated from residency, took your first job, and the glasses came off, did that picture change or remain the same? For me, the picture was drastically different. When searching for a position, I knew that I wanted to work with a disadvantaged community that had difficulty accessing proper healthcare, and be a part of a team of providers that was able to make a difference in that community. Many of our minority primary care physicians, such as myself, chose the path of working at a federally qualified health center (FQHC
) for many valid reasons. I talked myself into taking a position at an FQHC in Chicago as my first job right out of residency training. The biggest draw for me was the option to enroll in the National Health Service Corps for debt relief. But once I started working there, I realized that my dream of what it meant to be a doctor looked very different from my reality.
Granted, the FQHC served as a vehicle for me to fulfill my altruistic nature to give back to my community, but that quickly wore off as the waiting rooms continued to fill with disgruntled patients who were tired of sitting, waiting for hours to be seen by a physician. I was seeing 30+ patients a day, and not feeling as though I was providing optimal care in this setting. In addition, with the increase in clerical work that became the sole responsibility of the doctor, with no time to get it done, and no raise in pay, I was beginning to feel like the walls were closing in.
Nine months into my new career, I walked