subject: How Physicians Can Increase Revenue For Their Practices Through Network Marketing [print this page] Doctors can confirm the fact that the fiscal health of American doctors is in trouble. Unresolved Medicare slashes, higher insurance premiums, forgotten office appointments, sky rocketing malpractice insurance rates, student loans, and a large number of other aspects have significantly impacted the average MD's potential to make enough earnings to run their practice, not to mention their own personal life. It is projected that huge declines in income will push lots of physicians to stop practicing by the year 2015. What is even worse is that, by 2015, many of these doctor's retirement plans will have suffered immensely caused by the recession!
As a doctor, if your practice is not generating the income that it was, where will this leave you? What will your retirement plan look like in 2015 or even 20 years from now?
Maybe it's time to examine practical approaches to diversify your streams of revenue as well as supplement your personal income.
One solution is the integration of a business model that is normally overlooked by medical professionals. That business model is Network Marketing of Natural Health and Wellness Products.
Network Marketing, also referred to as Multi-Level Marketing, is generally and inaccurately diagnosed by the medical community as some sort of pyramid scheme. This presumption is why many doctors basically miss the boat on generating additional income for themselves. When done properly and ethically, and provided the appropriate support, this business model is as viable, if not infinitely more viable than any other model.
As a physician, it is best to think about Network Marketing opportunities that are committed to natural health and wellness products for a number of very substantial reasons:
1) These companies offer products that are consistent with your business and can provide you with the means of offering helpful and healthy options to your patients, specially with preventative health care.
2) As a doctor you are already viewed as a "center of influence" and an expert. Your purely natural clinical credibility positions you for greater success over the common network marketer when it comes to suggesting health and wellness products.
3) Network Marketing allows you to leverage your time while generating a substantial income without a significant time commitment or change in lifestyle. This is particularly important to a doctor with a busy schedule.
