5 Traits That Make Doctors Great Entrepreneurs

Doctors often have the skills for being greatAs a physician, you've had to be able to make quick
entrepreneurs and they often don't know it.  Fordecisions at a moment's notice, at often life and
example, most physicians have excellent abilities todeath situations. Responsibility and being able to
research at making sure their patients are getting thecompromise to lead to the best outcome can't be
most current medical information.  Docs often areminimized.
great managers, overseeing an individual patient's4. Research Skills
treatment as well as a busy practice.  They areYou've spent a lot of time going to conferences,
often great managers and are a virtual Houdini atattending continuing medical education courses, and
finding a few minutes to do "everything" – Howthen synthesizing and interpreting that for patients.
else could one explain how we fit so many patients inThis trait goes along way in explaining complex
a day?products, evaluating your competitors and
Let's look at typical physician qualities that can makeunderstanding systems.
for successful business owners:5. Problem solving Skills
1. Management SkillsProbably one of the most important skills.  No one
You've learned how to manage both people, staff,needs someone to make excuses –
and your own  time (and sanity, hopefully)entrepreneurs make the tough decisions, and find the
2. Persuasion Skillsquickest answer in determining a solution.
In many different businesses, the ability to persuadeI've always said my skills as a marketer and
is a crucial quality for business success. We'veentrepreneur stemmed from my understanding in
persuaded people all our lives in determining themedical school.  Often times its recognition of these
correct medical regimen – a great skill to haveskills, often lead to the foundations of  business
when selling stuff.success.
3. Ability to think on-your-feet