06/30/2024
Just a fun story
A non-medical friend asked me about leaving an institution and asked how we did we do it and how to start. I told my friend that is a loaded question. My friend wanted to leave for the same reasons. I gave him the redacted version because the long version will require names.
Crescent Urology Institute was born mainly out of political winds that keep changing. Politics exists no matter where you are at. 2 years into working for a system, without knowing it, I was catering to political forces instead of patients.
It was just a constant battle between two political forces and everyday you are worried will I have a job? Will they cut my salary? Which umbrella do I go under? Derogatory remarks from upper ranks.
The alternative is private practice, which is not for everyone. You can make it, but you have to be ready for some major chances. To better the odds of making it requires you need 2 or 3 partners with the same mental strength, fortitude, and resolve. You need to still have the flame of a 30-40 year old. You need to be ready to balance life the best you can. But most importantly, you need partners that have loyalty, no matter how rocky the boat.
These were the questions I had to ask myself and my proposal to my partners:
Do you want to retire with just a 401K and Journal articles, but in return your your business will be ran for you? You will have a more stable job. You don’t need to “start all over. Chances of failure is low. But you will have to keep fighting with political forces. Someone else will wield your sword, while you watch what the outcome is.
The alternative is you retire with your own building. You pay rent to yourself. You throw in a surgery center. There is way more ancillaries that you could capture. But, success is low. It will require, and I quote from Elon Musk, “It is possible for ordinary people to choose to be extraordinary.” That quote has forever burned my partners and I.
On the surface, the quote sounds simple, but read deeper and it really is the foundation of Crescent. That quote is really at the base Crescent’s way of thinking. To choose to be extraordinary, it will require you humble yourself, get help on things you don’t know, cater to the patients, and from there the calculated risks is what it Musk’s meant ordinary person can choose to be extraordinary.
I hope this story helps entrepreneurs make realistic decision and serve as a roadmap to become extraordinary.
Coming to the sub-galleria real soon!!!