Doctors and Entrepreneurship
Traditionally Doctors are not considered Entrepreneurs in classical sense and usually medicine is considered an all occupying work and hardly leaves any space for anything else. Several factors can be thought to contribute to this perception. To start with the usual impression of a medico in society in general is someone who is risk averse and deals with facts rather than imagination. While as an entrepreneur you need to have that rebellious, risk taking instinct along with an ability to foresee, the so called vision.
All this while Healthcare was filled with gaps in delivery and challenges, while so called traditional managers and investors are usually naive to the deep healthcare centric problems. This has lead to the change in the Doctor’s mindset in last few years. Now we see more and more Doctor’s rising to the opportunity and utilizing their innate skills of medicine and capability to work under stress. Rise of the Doctor-Preneur is inevitable as we doctors see gaps in system which need to be addressed by someone from inside the system. Rise in IT sector specially ecommerce and virtual reality now attracts young Doctors to look for parallel models in healthcare. Telemedicine, role of wearables, electronic health records, social networks, tele-education, ePrescribing, Practise management; list of IT applications being tried in healthcare appears endless.
Entrepreneurship is not always for profit, there is something called as “Social Entrepreneurship” which may help to channelize capital and energy in research for new treatments. Entrepreneurship based model for medical research which focuses on outcomes which will make maximum impact in treatment modalities available can lead to outcomes unimagined at present.
I sincerely believe healthcare will benefit from the misfits while classically we tend to ask the Doctors to conform for uniformity in protocols. These misfits with entrepreneur like mindset will not work with tiny, soft nudges, they will have the capability to bring about the break through and they have the capability to change the way things are being done.
Doctor’s cannot continue to lose ownership of the next era of healthcare to IT geeks and investing geniuses. Next decade will see rise of more Docpreneurs, who will bring unique blend of entrepreneur like risk taking and insight of the healthcare problem from inside.
Doctors and Entrepreneurship
Reviewed by Sumer Sethi
on
Friday, March 04, 2016
Rating: 5
Sumer Sethi
About Dr. Sumer Sethi
Number of Entries : 35Unique blend of academic excellence and entrepreneurship, heading leading firms in India- Teleradiology Providers, pioneering company providing teleradiology services and DAMS (Delhi Academy of Medical Sciences) Premier test preparation institute in India for MD/MS/MCI preparation. He has also been an invited faculty member at various conferences, including Teleradiology in IRIA 2008 and 2011, Hospital Build Middle East, Congress of the Brain Tumor Radiology in Neuro-oncology Society. Dr. Sethi is Editor-in-Chief of Internet Journal of Radiology. He has a keen interest in Web 2.0 technologies and in maintaining his famous radiology blog, which has been featured in multiple international journals.
random ramblings
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