Episode 135: Why Bootstrapping Instead of Building a Funding Strategy is Sabotaging the Success of Your Healthcare Practice (and How to Fix It)

Dr. Omolara is back! And, she’s back with our new podcast Funding Your Healthcare Vision. We’re back to remind each and every single one of you — looking to start and build your own mission-driven healthcare for-profit or non-profit business or practice — that we believe in you. We believe that you can change the world, and we know that you have what it takes to make your dreams come true.

But here's the thing: if you don't have a funding strategy, your success is going to be sabotaged from the start. And if you're a black or brown woman entrepreneur trying to start or grow a business in health care, using any other sort of funds to elevate your healthcare practice or organization’s growth can severely sabotage your success.

Is bootstrapping your healthcare vision sabotaging your success before you even get started? 

Are you looking at equity-based funding and high-interest loans opportunities that will put you in debt and lose valuable stake and say in your own healthcare practices mission and values? 

There is money ready to be placed in the hands of Black and Brown women in medicine with an idea, a dream, or a vision that helps underserved communities, families, men, women, and children.

And, we’ve branded our podcast to focus on sharing with you strategies that can get you funded (without dipping into your personal bank accounts, giving away equity to VCs and angels, and taking out a high-interest business loan). In this episode of the Melanin & Medicine Podcast, 

Dr. Omolara is going to support you in getting endless funding from partnership opportunities, so that you could focus on doing what you do best: provide much-needed healthcare to underserved communities that need it most.  

What You’ll Learn From This Episode:

• How your intrapreneurial strategies have already prepared you for entrepreneurial partnership opportunities
• The difference between the types funding available to you and what each can do for your growing healthcare practice
• Why partnerships and collaboration are important to get where you want your practice to go
• Dr. Omolara’s own personal story and how she raised nearly $1mil in funding to build a social justice healthcare practice in the community she cares deeply about is dedicated to providing care

Find the show notes at:

Read the transcript for this episode at: 

Send Dr. Omolara a voice message at the link below, whether you have a question about funding a mission-driven health practice or a response to this episode. Maybe she'll answer your question on air!

https://melaninandmedicine.co/messages

Submit an intake form: https://bit.ly/practiceintakeform

Resources: bit.ly/melaninandmedicine

Our website: melaninandmedicine.co

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