Bert shared his story about why he decided to open up his own business to get away from his 9-5 job. He explained what a home health contract business is and how it works. He also discussed some strategies to determine if being a business owner is right for you. Lastly, and this blew my mind, he described why being working for yourself does not equate to having a business.
Though Bert described a business model applicable to the US healthcare payment system, I am sure colleagues from the Philippines would relate to his story and his business advice. Now, let's get right on it.
About Bert:
Engelbert De Vera, PT, or Bert, is a physical therapist based in Texas. He's the founder of Rehabpreneur where he teaches PTs, OTs, and SLPs to become business owners.
Website: https://rehabpreneur.com
--- HIGHLIGHTS ---
0:00 Introduction
0:57 Bert's story and motivation to start his own business
4:13 Why start a Home Health Contract Business
6:39 What is a Home Health Contract Business?
16:06 Would this work in all locations?
17:47 Knowing the "Why" in starting your business
21:26 Cash Flow Quadrant by Rober Kiyosaki
24:32 True test of a business
27:03 Bert's LEAN Method
34:17 Financial and logistical cost in starting
41:32 What can go wrong?
52:15 Patient loop in healthcare
56:45 Ways to contact Bert
58:17 Last Bites and Takeaway
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