I’m Dr. Hassan, a Board-Certified Physiatrist and Independent Practice Owner. I help physiatrists start and grow their own profitable practices so they can achieve financial independence and live without limits.
On your journey to building a profitable practice, you have to ask yourself this question: Am I an entrepreneur?
This is how an entrepreneur really thinks. Maybe you’re an entrepreneur and never realized it because you haven’t started a new business yet. Even a modest study of psychometric testing and personality profiling, will show you that being a true entrepreneur is made possible by your personality makeup. When you’re a true entrepreneur, there’s a default in your mindset that comes from two primary sources: unshakable self-confidence and the ability and desire to think on your feet.
Other significant elements of being an entrepreneur include being a fierce competitor, needing to be in control, and an overwhelming desire to do what others will not or cannot, just because you can. There’s also an absence of doubt. Entrepreneurs have a unique way of looking at things. That absence of doubt is a fundamental aspect of all entrepreneurial thinking. There’s never a thought of: This can’t be done. Of course it can be done. The only question is: Do I want to do it?
There’s never any thought of how either. If someone, anyone, has done it before, it is as good as done before they start. If it’s something that has never been done before, rather than think of the reasons why, how, and when, an entrepreneur is more focused on winning the fame, glory, and the profit of being the first to get it done. The how is really insignificant at that point. Their unshakable self-confidence has carried them through all manner of challenges, problems, disasters, and outrageous victories. It will carry them through this adventure too. They just know it.
In addition, entrepreneurs rarely consider the risk involved. Risk is reserved for those mere mortals who don’t have their superpowers. At no point does any entrepreneur attempt to make money. They will make money, but whether it’s enough or whether it’s quick enough will be a dealbreaker, because entrepreneurs get bored easily. They will walk away from amazing opportunities because they have just had enough. It’s never about the money, really. Ask an entrepreneur if they’ve walked away from massive paydays just because they were done with the project, opportunity, or business. Most of them will have a list.
Entrepreneurs are action-oriented people. They don’t like being caught up in the small details of anything. They are the absolute best at starting anything, but probably worse at staying with it. It’s not because they can’t; it’s just that new projects are so much more exciting. They are unconventional in the way they think and the way they do things. They will change the way things are done just because they can. They are adventurers, pioneers, and creative thinkers who have results as their primary goal. Consider these qualities:
1. Present-moment mindset. They have no fear and spend zero time thinking about yesterday. They know that today is where it all happens. They will start early and finish late to get ahead of any schedule, timescale, or competitor.
2. Their work is an adventure. They have no concept of real work because everything they do is fun for them. The moment it begins to feel like work, they’re gone. They are the first out of the door when the fun stops. This is why you’ll never find any real entrepreneur in an employee situation. They don’t like conforming to anyone else’s rules. They don’t like being told what to do either. They are truly independent thinkers. Being an entrepreneur is almost like having an obsessive-compulsive mindset, which is why family members have described many as workaholics. The entrepreneurs themselves don’t see it like that of course, but everyone around them does.
3. Entrepreneurs are not great planners. It’s not because they can’t, it’s because planning more than a few steps ahead is pointless in their eyes. Rather than have a kind of detailed plan or blueprint to follow, they view business and even life itself as if they were driving down the freeway at night. Your high beam lights illuminate the next 200 yards of the highway. You can see what is happening in those 200 yards, and you have time to stop, change lanes, or maneuver around any obstacles. They trust that as they drive along, and that constantly moving 200 yards of space, they will be able to react and respond to everything that comes their way. And it’s all totally under their control. That’s all any entrepreneur needs: the next 200 yards. Their ability to think on their feet, change direction at will, and let their intuition run free will take care of everything. And they never doubt that, ever.
Entrepreneurs have a constant flow of new ideas, perspectives, and projects. They don’t care for much for planning, and they have no time for waiting. They live very much in the now and struggle to understand why everyone doesn’t think like them. This is why true entrepreneurs are solitary beasts who work very well on their own or as a team leader, but very rarely as a member of the team. The only rules they are interested in are those they make themselves. On the plus side, being close to a good entrepreneur provides an outstanding education. It’s always fun and is like playing the accelerated game of life every day.
Do these qualities describe you? Maybe you’re a true entrepreneur too.
I am Dr. Hassan, Board-Certified Physiatrist and Independent Practice Owner. I help physiatrists start and grow their own independent practice so that they can achieve financial independence and live without limits. Please go to the businessofrehab.com/guide to pick up the free guide to help you determine the best business entity for your new practice.
Did you know that how you think as an entrepreneur affects your assets? Check out our blog here to read more.
Attention, Physiatrists! Stop leaving money on the table. Sign up for the free video series: How To Build A Profitable Practice in 90 Days or Less: http://www.sixtytosuccess.com