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Real Estate Mogul, M.D.
The Real Estate Mogul, M.D. podcast shares the real-world journeys, stories, and conversations that transform your mindset, build your business, diversify your investments, and multiply your cash flow to help you live life by design.
Guests range from medical professionals, entrepreneurs, accountants, executives, financial advisors, coaches, and real estate investors. How to build wealth, create passive income and have more time as a doctor. We cover a large range of topics including: running a medical practice, finances, work life balance, wealth building, tax strategies for medical professionals, real estate investing, financial planning, asset protection, insurance, tax free exits, corporation structuring, retirement planning, and much more! To learn more email: info@physicianwealthsystems.com
Check out https://www.PhysicianWealthSystems.com for a FREE 30 Day Real Estate Education Experience!
Real Estate Mogul, M.D.
S3 E21 From ER Doc to CEO: Building a Multi-Million Dollar Medical Device Company with Elizabeth Clayborne
In this conversation, Elizabeth Clayborne shares her journey from being an emergency physician to becoming a startup founder with her innovative product, NasaClip, designed to treat nosebleeds. She discusses the challenges and triumphs of transitioning from medicine to entrepreneurship, the importance of prototyping and market validation, and the steps aspiring physician entrepreneurs should take. Elizabeth emphasizes the need for balance in life, the value of investing, and her vision for the future of her company and her role as a physician innovator.
Takeaways
- Liz transitioned from emergency medicine to medical innovation.
- NasaClip addresses a common yet mismanaged medical issue: nosebleeds.
- Prototyping involved iterative design and collaboration with engineers.
- Entrepreneurs must be resourceful and willing to take risks.
- The first sale was a significant milestone in her entrepreneurial journey.
- Protecting intellectual property is crucial for startup success.
- Balancing personal life and entrepreneurship requires support and self-care.
- Investing in startups can be accessible to more than just the wealthy.
- Liz aims to inspire other physician innovators, especially women of color.
- Success in entrepreneurship is a marathon, not a sprint.
Important Links
LinkedIn: https://www.linkedin.com/in/elizabethpclayborne/
Instagram: https://www.instagram.com/drelizpc
Website: https://linktr.ee/drelizpc