How can the lessons of an $800 sneaker be applied in your practice or business?
Tag: value
McDonald’s and Delivering Medical Group Value
From an economics viewpoint, value is receiving more than what is given up in exchange. That’s why a customer or a client or a patient buys.
An $800 Sneaker and Its Lessons for Your Business – Podcast
An $800 sneaker? How can its lessons be applied in your practice or business?
Why Your Price Has Nothing to Do With Cost
We all place a different value on what we receive and we’re willing to pay a comparable price. It has nothing to do with the cost to the producer or provider. Sally doesn’t care if the manufacturer of those $450 jeans is going bankrupt.
Understanding Price, Value and How to Use Them
If value, to you, exceeds the price you pay, you got a good deal. Price is what you pay, value is what you get.
Do You Make This Mistake in Business?
Are you in business or are you just running a club? As the medical marketplace continues to shift, what chance does a club have against a real business?
How To Become a Millionaire
“How do you become a millionaire? Make a billion dollars and then buy an airline.” — Warren Buffett
Value and the Price of Not Providing It
Today, there’s no longer even the “promise” of lifetime employment. “Retirement” as in replacement, replacement just like an old machine, is as far off as the next layoff or the next outsourcing.
Physician Goes to Jail in Referral Scheme
From cash kickbacks to the company model to phony leases, deals between referring physicians and those physicians and facilities receiving referrals are subject to increasing scrutiny.
How Are Your Services Valued?
Does your group have aberrant members that are pissing off colleagues, referring physicians and hospital staff?