Innovation starts with the right mindset. Doctors who are considering a side gig or an alternative non-clinical career, have a hard time getting their heads around the entrepreneurial mindset. There is a difference between the clinical mindset and the entrepreneurial mindset.
In my view, only about 1% of doctors have an entrepreneurial mindset because premeds don't get selected for that trait. They get selected because they know how to memorize a bunch of stuff, take standardized tests, perform at scripted interviews that neither the interviewer nor the interviewee know how to do and they generally know how to conform. They are exceptional at checking off boxes and increasingly refine that skill as they go into clinical practice. Those that get off the reservations do so despite the medical education system, not because of it. They learn early how to diagnose and treat craniorectal inversion syndrome. They have cured their credentialitis.
So, if you are struggling with these head games, try to avoid these mindset mistakes and stop thinking that:
Personalities are fixed. Mindsets, however, can be changed and you and only you can do it. If you are unwilling and/or unable to do that, then maybe you should just continue to see another 20 patients a day until you retire and just stop complaining.
Arlen Meyers, MD, MBA is the President and CEO of the Society of Physician Entrepreneurs.
Arlen Meyers, MD, MBA is a professor emeritus of otolaryngology, dentistry, and engineering at the University of Colorado School of Medicine and the Colorado School of Public Health and President and CEO of the Society of Physician Entrepreneurs at www.sopenet.org. He has created several medical device and digital health companies. His primary research centers around biomedical and health innovation and entrepreneurship and life science technology commercialization. He consults for and speaks to companies, governments, colleges and universities around the world who need his expertise and contacts in the areas of bio entrepreneurship, bioscience, healthcare, healthcare IT, medical tourism -- nationally and internationally, new product development, product design, and financing new ventures. He is a former Harvard-Macy fellow and In 2010, he completed a Fulbright at Kings Business, the commercialization office of technology transfer at Kings College in London. He recently published "Building the Case for Biotechnology." "Optical Detection of Cancer", and " The Life Science Innovation Roadmap". He is also an associate editor of the Journal of Commercial Biotechnology and Technology Transfer and Entrepreneurship and Editor-in-Chief of Medscape. In addition, He is a faculty member at the University of Colorado Denver Graduate School where he teaches Biomedical Entrepreneurship and is an iCorps participant, trainer and industry mentor. He is the Chief Medical Officer at www.bridgehealth.com and www.cliexa.com and Chairman of the Board at GlobalMindED at www.globalminded.org, a non-profit at risk student success network. He is honored to be named by Modern Healthcare as one of the 50 Most Influential Physician Executives of 2011 and nominated in 2012 and Best Doctors 2013.