Dr. Angela Sturm outlines the realities of opening a private medical practice. Many physicians face high debt and must choose between employed positions and entrepreneurship. While employment offers stability, private practice provides greater control and potential financial rewards.
Dr. Sturm emphasizes the importance of understanding personal risk tolerance. She encourages physicians to bet on themselves and embrace change as part of career growth.
Clear vision and values guide hiring and patient care. Curiosity and a willingness to improve processes are essential traits for team members. Early turnover is normal and helps refine the practice’s direction.
Leadership requires balancing connection with staff and maintaining authority, especially for women physicians. Mentorship and diverse perspectives from other industries foster innovation. Dr. Sturm views failure as a learning opportunity and stresses the importance of giving without expectation.
Her experience demonstrates that entrepreneurship in medicine brings challenges but also opportunities for growth and fulfillment.
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