BootstrapMD - Physician Entrepreneurs Podcast with Dr. Mike Woo-Ming

💰  This episode is sponsored by Gelt:  Practice owners and physician entrepreneurs; your business needs a tax strategy, not just tax filing. Most CPAs handle compliance but miss optimization opportunities that could save you tens of thousands of dollars. With Gelt you get a dedicated CPA that focuses on tax strategy for complex financial situations, multiple entities, real estate, practice owners...

Most physicians ask, “What business should I start?” But the better first question is: Where is the money I’ve already earned but haven’t captured?  In this solo episode of Bootstrap MD, Dr. Mike Woo-Ming walks through the concept of hidden revenue and shares five practical places where opportunities are hiding in plain sight. He demonstrates how AI can help spot patterns, reactivate old leads, mo...

Most physicians have the majority of their wealth tied up in their practices, retirement accounts, or traditional investments. But what if there were ways to diversify using technology-driven strategies that don't require watching charts all day or reacting emotionally to market swings?  In this episode of Bootstrap MD, Dr. Mike Woo-Ming sits down with Jeff Sekinger, to discuss algorithmic trading...

💰 This episode is sponsored by Gelt: Practice owners and physician entrepreneurs; your business needs a tax strategy, not just tax filing. Most CPAs handle compliance but miss optimization opportunities that could save you tens of thousands of dollars. With Gelt you get a dedicated CPA that focuses on tax strategy for complex financial situations, multiple entities, real estate, practice ownershi...

💰 This episode is sponsored by Gelt: Practice owners and physician entrepreneurs; your business needs a tax strategy, not just tax filing. Most CPAs handle compliance but miss optimization opportunities that could save you tens of thousands of dollars. With Gelt you get a dedicated CPA that focuses on tax strategy for complex financial situations, multiple entities, real estate, practice ownershi...

💰 This episode is sponsored by Gelt: Practice owners and physician entrepreneurs; your business needs a tax strategy, not just tax filing. Most CPAs handle compliance but miss optimization opportunities that could save you tens of thousands of dollars. With Gelt you get a dedicated CPA that focuses on tax strategy for complex financial situations, multiple entities, real estate, practice ownershi...

💰 This episode is sponsored by Gelt: Practice owners and physician entrepreneurs; your business needs a tax strategy, not just tax filing. Most CPAs handle compliance but miss optimization opportunities that could save you tens of thousands of dollars. With Gelt you get a dedicated CPA that focuses on tax strategy for complex financial situations, multiple entities, real estate, practice ownershi...

💰 This episode is sponsored by Gelt: Practice owners and physician entrepreneurs; your business needs a tax strategy, not just tax filing. Most CPAs handle compliance but miss optimization opportunities that could save you tens of thousands of dollars. With Gelt you get a dedicated CPA that focuses on tax strategy for complex financial situations, multiple entities, real estate, practice ownershi...

This episode is sponsored by GoTo: If your practice is losing patients to missed calls and front-desk burnout, you're not alone. Most independent practices miss around 30% of incoming calls, that's 30% of your patient pipeline walking to the clinic across the street. GoTo Connect consolidates your phones, patient messaging, video visits, and scheduling into one platform that helps you stay HIPAA-c...

AI is everywhere, but most physicians are stuck between hype and reality. In this episode of BootstrapMD, Dr. Mike Woo-Ming breaks through the noise surrounding artificial intelligence in medicine. Instead of hype and overwhelm, he shares a practical framework: The 3-Bucket AI Method, to help physicians decide what tools to use now, what to watch, and what to ignore. He also addresses the underlyi...

In this repurposed episode of Bootstrap MD, Dr. Mike Woo-Ming reflects on the Momentum MD Spring Retreat, a powerful gathering of physician entrepreneurs, CEOs, clinic owners, and coaches in Las Vegas. The retreat went beyond business strategies, focusing on connection, clarity, and personal growth. Dr. Woo-Ming shares seven key takeaways, including overcoming universal fears, reframing imposter s...

Have you ever had someone ready to buy, and somehow talked them out of it? In this candid and practical episode of Bootstrap MD, Dr. Mike Woo-Ming shares a powerful confession from his early days as a physician entrepreneur, losing deal after deal, not because his offer lacked value, but because he approached sales the way he was trained as a doctor. Drawing from years of experience, he breaks dow...

I spent months building a course that nobody bought. The modules were recorded, the landing page was live, but the launch brought complete silence. That painful failure taught me a valuable lesson: I had built the product first instead of discovering what my audience actually wanted. In this honest and practical episode of Bootstrap MD, Dr. Mike Woo-Ming shares his confession and the exact sequenc...

Struggling to attract quality patients in a crowded market? Joy Houston shares how practitioners can move beyond free content using upfront lab testing, tiny ticket offers, and smarter algorithm strategies to generate better leads and more profitable programs. On Bootstrap MD , Dr. Mike Woo-Ming sits down with Joy Houston to explain why free webinars and PDFs are no longer converting, and how enga...

What if the medicine you dreamed of practicing in medical school could only happen outside of traditional employment? In this inspiring episode of Bootstrap MD, host Mike sits down with Dr. Brittney Anderson, as she opens up about how she left a draining job, started her own independent family medicine practice in Alabama, and grew it to seven figures in just three years, while working fewer clini...

Tired of coming home exhausted only to spend hours charting after the kids are in bed? You're not alone. In this episode of Bootstrap MD, host Dr. Mike Woo-Ming opens up about the pajama time reality that plagues so many physicians, those late-night documentation sessions that steal evenings, family time, and peace of mind. He shares how, despite promises from EHRs and dictation tools over the yea...

In this episode, Dr. Mike Woo-Ming explores the creator economy's potential for physicians seeking wealth and autonomy. He discusses leveraging platforms like YouTube, TikTok, and Substack to monetize expertise through content creation. Dr. Woo-Ming shares success stories, actionable strategies, and common pitfalls, emphasizing a business mindset. Three Actionable Takeaways: Clarify Your Why: Clea...

Many physicians spend years training to earn high incomes, only to discover that a significant portion of those earnings disappear to taxes. In this episode of BootstrapMD, host Dr. Mike Woo-Ming shares the Physician Tax Playbook, a practical framework designed to help doctors understand how income structure, not just income level, determines how much they actually keep. Dr. Woo-Ming opens with a...

Struggling to launch your physician side hustle because you're stuck building "infrastructure" first? It's a common trap. In this episode of Bootstrap MD, host Dr. Mike Woo-Ming shares his confession about procrastinating on a business idea by focusing on websites, branding, and CRMs instead of revenue. He introduces the "infrastructure trap" a mindset from medical training that delays action in e...

Building a physician newsletter that scales without stealing your life? It's possible. In this episode of Bootstrap MD, host Dr. Michael Woo-Ming, builds on last week's newsletter startup advice, sharing proven strategies to reach 1,000 subscribers sustainably. He debunks ineffective tactics like daily social blasts or premature ads, emphasizing simplicity: pick 2-3 channels (LinkedIn, guest spots...

Tired of shouting into the social media void? What if your email list became your most powerful tool for building authority and staying connected? In this practical episode of Bootstrap MD, host Dr. Mike Woo-Ming draws from his experience running two newsletters to deliver a step-by-step guide on creating emails that people actually open and read. He breaks down common failure modes: writing like...

Should you launch your physician-led business alone or bring in partners? It's a make-or-break choice that could lead to freedom, growth, or disaster. In this episode of Bootstrap MD, Dr. Mike Woo-Ming shares insights from his dual experiences in successful solo ventures and partnerships, both triumphant and turbulent. He breaks down the advantages of going solo, like complete autonomy, faster dec...

Tired of relying solely on clinical shifts? Discover 20 practical side hustle ideas tailored for busy physicians, from telemedicine to real estate investing. Host Dr. Mike Woo-Ming shares actionable first steps, income potential, and tips to launch part-time without quitting your day job. He draws from his 20+ years as a physician entrepreneur to outline 20 viable side hustles you can start this m...

What if AI could turn your medical expertise into passive income streams, without adding a single hour to your day? In this episode of Bootstrap MD, Dr. Mike Woo-Ming, breaks down how AI serves as an "insurance policy" for your medical career, helping you build assets, generate new revenue streams, and reclaim time. Drawing from real-world examples in his community, he outlines four actionable "la...

What if you could validate your side business idea and earn your first $10,000 before building a website or content empire? In this practical solo episode, host Dr. Mike Woo-Ming draws from his entrepreneurial experience to guide physicians away from common pitfalls like overcomplicating launches with unnecessary infrastructure. He explains the "credentialing mindset" that holds doctors back and a...