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Djgb13

Any Business Owners Here?

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His entire business plan revolves around performing medical procedures under an absentee doctor's "supervision".

 

Of course, he won't cut corners.

You do realize ALOT of places have this in practice now don't you?

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His entire business plan revolves around performing medical procedures under an absentee doctor's "supervision".

 

Of course, he won't cut corners.

 

:first:

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You do realize ALOT of places have this in practice now don't you?

Hookers, drug dealers, and loan sharks are abundant as well.

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Hookers, drug dealers, and loan sharks are abundant as well.

Apples and oranges my friend

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Why are we still entertaining this like it's for real?

 

A dishonest wannabe med student is gonna raise a half million dollars or more to open an urgent care clinic within the next few years?

 

I'll bet a half million that it will never happen.

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Why are we still entertaining this like it's for real?

 

A dishonest wannabe med student is gonna raise a half million dollars or more to open an urgent care clinic within the next few years?

 

I'll bet a half million that it will never happen.

I don't know about the business part, but PA school isn't that difficult. Very algorithmic approach to clinical medicine, with little background in the anatomy/physiology/etc. behind it all. But that's more than enough for something like an urgent care.

 

PAs and NPs are employed at my hospital. Most of them are excellent, better than some doctors, but every now and then you find one that is dumb as a rock. I think that is the main difference between physician extenders/midlevel providers and doctors: nobody who made it through med school is stupid.

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I don't know about the business part, but PA school isn't that difficult. Very algorithmic approach to clinical medicine, with little background in the anatomy/physiology/etc. behind it all. But that's more than enough for something like an urgent care.

 

PAs and NPs are employed at my hospital. Most of them are excellent, better than some doctors, but every now and then you find one that is dumb as a rock. I think that is the main difference between physician extenders/midlevel providers and doctors: nobody who made it through med school is stupid.

I wouldn't say THAT now. I've met some dumb as Fock physicians who didn't have a clue. I don't know how they made it through med school but when you LITERALLY google the patients symptoms right infront of them and give them a print out of what Google says you have then yea you're dumb as hell. Encountered that twice with two docs I worked with at internal medicine at Lackland. They couldn't pass their boards either. I wonder why

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Why are we still entertaining this like it's for real?

 

A dishonest wannabe med student is gonna raise a half million dollars or more to open an urgent care clinic within the next few years?

 

I'll bet a half million that it will never happen.

I don't have to raise ALL the money but I would like a good chunk of it saved up. At least to take off what I'd have to borrow for loans. My school loans are nonexistent because of tuition assistance while I was in and my GI Bill. So I've got all my schooling paid for.

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You should think about developing a multi level marketing platform. I could help you get started, hit me up on the IM.

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I don't have to raise ALL the money but I would like a good chunk of it saved up. At least to take off what I'd have to borrow for loans. My school loans are nonexistent because of tuition assistance while I was in and my GI Bill. So I've got all my schooling paid for.

Ok. Let's suspend disbelief for a second and assume this is even remotely doable for you.

 

Do you know how much it costs to start an urgent care clinic?

 

A quick Google search puts estimates at $800K-$1M.

 

How much of that can you save in the next 3 years?

 

What will you use for collateral to get a loan for the remaining $999,000?

 

Will you be seeking an angel investor? VC funding?

 

What experience and success in this biz can you show potential investors?

 

How do you plan to get in front of said investors?

 

If, by some stroke of luck, you get someone to listen, what will your pitch be?

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Ok. Let's suspend disbelief for a second and assume this is even remotely doable for you.

 

Do you know how much it costs to start an urgent care clinic?

 

A quick Google search puts estimates at $800K-$1M.

 

How much of that can you save in the next 3 years?

 

What will you use for collateral to get a loan for the remaining $999,000?

 

Will you be seeking an angel investor? VC funding?

 

What experience and success in this biz can you show potential investors?

 

How do you plan to get in front of said investors?

 

If, by some stroke of luck, you get someone to listen, what will your pitch be?

Hmmm. Good advice. Like I said I haven't looked into it in depth yet. Right now I just started saving. That's what I came here for was to figure out what other steps I need to be taking. Getting people to invest won't be a problem. I've got a lot of connections for that. I'll have to look further into investors and what all is needed cause right now I really have no clue how all that works. I've still got at least 5 years before I think about opening said practice.

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I don't know about the business part, but PA school isn't that difficult. Very algorithmic approach to clinical medicine, with little background in the anatomy/physiology/etc. behind it all. But that's more than enough for something like an urgent care.

 

PAs and NPs are employed at my hospital. Most of them are excellent, better than some doctors, but every now and then you find one that is dumb as a rock. I think that is the main difference between physician extenders/midlevel providers and doctors: nobody who made it through med school is stupid.

I bet to differ. Been in the healthcare field for over a decade now, And I've worked with a few that made me wonder how they made it through med school. Mostly pathologists.

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Hmmm. Good advice. Like I said I haven't looked into it in depth yet. Right now I just started saving. That's what I came here for was to figure out what other steps I need to be taking. Getting people to invest won't be a problem. I've got a lot of connections for that. I'll have to look further into investors and what all is needed cause right now I really have no clue how all that works. I've still got at least 5 years before I think about opening said practice.

You admittedly have no clue how investments work, but getting people to invest won't be a problem due to your connections with potential investors.

 

You're talking out of both sides of your arse here.

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But his BIL did it so he can do it.

 

With OUR advice. We are his lifeline.

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You admittedly have no clue how investments work, but getting people to invest won't be a problem due to your connections with potential investors.

 

You're talking out of both sides of your arse here.

Sorry but I know people that are willing to back me up on this. My BIL, two doctors at least, and a lawyer. I would just need a run down on how things would go. Like I said I still got years until it's done (something you don't seem to be grasping). Right now I'm just looking on what I need to get done and look into. One of those being how investments work for opening a practice and getting investors. Hell my BIL bought his practice from an old chiropractor who retired and was seeing 10 patients a week. Now it's over 500 a week. Dude makes $300,000 a month (according to a girl my ex was friends with who did all the insurance and stuff so she somehow saw the intake). I'm pretty sure he alone could back me but I've got a couple other guys I know that already said to call on them when I am ready to start

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Feel bad for your (almighty) BIL. His practice lost over 100 patients in one day !!!!

See post #12 (over 600 patients) and post #96 (over 500 patients).

Consistency is not your strong suit man. Can't keep your own liars straight.

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Sorry but I know people that are willing to back me up on this. My BIL, two doctors at least, and a lawyer. I would just need a run down on how things would go. Like I said I still got years until it's done (something you don't seem to be grasping). Right now I'm just looking on what I need to get done and look into. One of those being how investments work for opening a practice and getting investors. Hell my BIL bought his practice from an old chiropractor who retired and was seeing 10 patients a week. Now it's over 500 a week. Dude makes $300,000 a month (according to a girl my ex was friends with who did all the insurance and stuff so she somehow saw the intake). I'm pretty sure he alone could back me but I've got a couple other guys I know that already said to call on them when I am ready to start

Can I get in on this sweet, sweet action? Let me get a piece and I'll get you in on my multi level marketing concern. Geeks looking out for each other!

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My BIL, two doctors and a lawyer.

 

 

a lot of cheesy jokes start like this

:wave:

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I wouldn't say THAT now. I've met some dumb as Fock physicians who didn't have a clue. I don't know how they made it through med school but when you LITERALLY google the patients symptoms right infront of them and give them a print out of what Google says you have then yea you're dumb as hell. Encountered that twice with two docs I worked with at internal medicine at Lackland. They couldn't pass their boards either. I wonder why

I disagree. You don't have to be brilliant to be an MD, but you at least have to be above average. PAs and NPs, not so much.

 

I will restate: the best physician extenders are as good as any MD, but the quality is far more variable than doctors.

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I bet to differ. Been in the healthcare field for over a decade now, And I've worked with a few that made me wonder how they made it through med school. Mostly pathologists.

My ex and current wife (both MDs) are both air-headed, but neither is stupid. And pathologists tend to be a little socially awkward, so maybe that factors in as well.

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Sorry but I know people that are willing to back me up on this. My BIL, two doctors at least, and a lawyer. I would just need a run down on how things would go. Like I said I still got years until it's done (something you don't seem to be grasping). Right now I'm just looking on what I need to get done and look into. One of those being how investments work for opening a practice and getting investors. Hell my BIL bought his practice from an old chiropractor who retired and was seeing 10 patients a week. Now it's over 500 a week. Dude makes $300,000 a month (according to a girl my ex was friends with who did all the insurance and stuff so she somehow saw the intake). I'm pretty sure he alone could back me but I've got a couple other guys I know that already said to call on them when I am ready to start

$300K a month???? So his chiropractic practice is pulling in $3.6 million a year...why the he!! do you want to be a PA?

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Feel bad for your (almighty) BIL. His practice lost over 100 patients in one day !!!!

 

See post #12 (over 600 patients) and post #96 (over 500 patients).

 

Consistency is not your strong suit man. Can't keep your own liars straight.

Not to mention finding the time to see so many clients...but whatever he's doing, he is doing a lot better than his peers:

The median annual Chiropractor salary is $138,936, as of June 24, 2016, with a range usually between $118,059-$191,522, however this can vary widely depending on a variety of factors.

Honestly, I'm surprised those charlatans earn that much.

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Honestly, I'm surprised those charlatans earn that much.

Don't get me started on them. It's a cult I tell you.

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$300K a month???? So his chiropractic practice is pulling in $3.6 million a year...why the he!! do you want to be a PA?

Lol because he's got the chiropractic market. And I like living where they are so that's where I want to be. Yes he pulls in that much. Which is why I said I wasn't joking all the things that I've done with him from his different connections. You should see the house they built. Right on the golf course, 4 stories with a dam elevator, big ass pool, and he bought the lot behind him with the house there. He demolished the house and is in the process of clearing it out to put a tumbling gym for my niece and an exact replica of the #12 hole we played at Augusta national.

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Lol because he's got the chiropractic market. And I like living where they are so that's where I want to be. Yes he pulls in that much. Which is why I said I wasn't joking all the things that I've done with him from his different connections. You should see the house they built. Right on the golf course, 4 stories with a dam elevator, big ass pool, and he bought the lot behind him with the house there. He demolished the house and is in the process of clearing it out to put a tumbling gym for my niece and an exact replica of the #12 hole we played at Augusta national.

will pictures be allowed on that hole ?

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Lol because he's got the chiropractic market.

What does this mean? Even if you corner the market, you can only see so many patients. Neurosurgeons, hand surgeons, and other sub, sub-specialists often are the only acts in town, but rarely earn more than $800K. The only health care providers that earn multi-millions are those that invent something or progress up the admin side of medicine and become CEO/CMOs of hospitals or insurance companies. Or are extremely good with investing.

 

ETA - There are only 168 hours in a week. If he only spends ~15 minutes per patient, that leaves only 43 hours for the week to sleep, eat, sh!t and golf. That's 6 hours a day, 7 days a week.

 

ETA2 - A quick google search confirms some chiropractors do indeed see hundreds of clients per week. But I don't see how in the he!! they can justify charging $100+ per visit for several seconds of their time. He must be getting (unnecessary) x-rays out the wazoo.

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What does this mean? Even if you corner the market, you can only see so many patients. Neurosurgeons, hand surgeons, and other sub, sub-specialists often are the only acts in town, but rarely earn more than $800K. The only health care providers that earn multi-millions are those that invent something or progress up the admin side of medicine and become CEO/CMOs of hospitals or insurance companies. Or are extremely good with investing.

 

ETA - There are only 168 hours in a week. If he only spends ~15 minutes per patient, that leaves only 43 hours for the week to sleep, eat, sh!t and golf. That's 6 hours a day.

Well he's not the one seeing them anymore. He goes up there and does administrative stuff. Not sure how many other chiropractors he's got working for him but he also has a physician and a NP working for him as well. And yea he does have the market cornered and I'm not going to compete for business against him. Why would I when I can open up an urgent care in the same town and a majority of the patients he sees comes to me for care?

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Well he's not the one seeing them anymore. He goes up there and does administrative stuff. Not sure how many other chiropractors he's got working for him but he also has a physician and a NP working for him as well. And yea he does have the market cornered and I'm not going to compete for business against him. Why would I when I can open up an urgent care in the same town and a majority of the patients he sees comes to me for care?

Let's face it. Both jobs are pretty mindless, so you aren't opening an urgent care for the cerebral or technical side of medicine. It is a business, which generally provide a needed service and seek to maximize profit. If you BIL has figured out such a wildly successful business model, why reinvent the wheel? It would only require a year or two more training, and you'll never earn anywhere close to that much in medicine.

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Let's face it. Both jobs are pretty mindless, so you aren't opening an urgent care for the cerebral or technical side of medicine. It is a business, which generally provide a needed service and seek to maximize profit. If you BIL has figured out such a wildly successful business model, why reinvent the wheel? It would only require a year or two more training, and you'll never earn anywhere close to that much in medicine.

Eh cause I like to be close by family. Plus I have no interest in being a chiropractor. But the business model he has envisioned for an urgent care should work so he is going to help me open one.

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Bro in law also a pain clinic?

No I'm not exactly sure what else he does there but I know they do weight loss stuff. Haven't really asked him about it. Since I was away in Texas for the past 7 years he's done quite a bit of changes to his clinic. It's unreal just HOW much he has done with it. Which is why anything he says about business or what I should do I follow it because he knows what he is doing

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Not to mention finding the time to see so many clients...but whatever he's doing, he is doing a lot better than his peers:

Honestly, I'm surprised those charlatans earn that much.

So what you're saying is DJGB is lying.

 

I'm shocked :mellow:

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So what you're saying is DJGB is lying.

 

I'm shocked :mellow:

No, it's entirely plausible that his BIL is operating a completely legitimate multi-million dollar chiropractic and weight loss clinic. ;)

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No, it's entirely plausible that his BIL is operating a completely legitimate multi-million dollar chiropractic and weight loss clinic. ;)

He's probably doing super well and makes 300k per year (good numbers from what you cited). But that doesn't sound good enough to djgb so now it's 300k per month

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Well he's not the one seeing them anymore. He goes up there and does administrative stuff. Not sure how many other chiropractors he's got working for him but he also has a physician and a NP working for him as well. And yea he does have the market cornered and I'm not going to compete for business against him. Why would I when I can open up an urgent care in the same town and a majority of the patients he sees comes to me for care?

Once again, your numbers don't seem realistic.

 

Unless this place is in a major metropolitan area, they're not seeing anywhere near that many patients.

 

If they are in a major metro area, they most definitely haven't "cornered the market."

 

A quick Google search for the Charleston area shows quite a few quack clinics in competition.

 

At the top of the list is a firm with a staff of 3.

 

Now, get your sh!t together before your next response.

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