By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Health Works CollectiveHealth Works CollectiveHealth Works Collective
  • Health
    • Mental Health
  • Policy and Law
    • Global Healthcare
    • Medical Ethics
  • Medical Innovations
  • News
  • Wellness
  • Tech
Search
© 2023 HealthWorks Collective. All Rights Reserved.
Reading: Does the Fear of “Being Sold” Keep You from New Opportunities?
Share
Notification Show More
Font ResizerAa
Health Works CollectiveHealth Works Collective
Font ResizerAa
Search
Follow US
  • About
  • Contact
  • Privacy
© 2023 HealthWorks Collective. All Rights Reserved.
Health Works Collective > Business > Does the Fear of “Being Sold” Keep You from New Opportunities?
Business

Does the Fear of “Being Sold” Keep You from New Opportunities?

Stewart Gandolf
Stewart Gandolf
Share
4 Min Read
risk reward
SHARE

risk rewardI’d like to tell you a story about two insightful, and mirror opposite, conversations that I had with doctors. These two informal chats revealed how basic attitudes can quickly define success or failure in healthcare marketing.

risk rewardI’d like to tell you a story about two insightful, and mirror opposite, conversations that I had with doctors. These two informal chats revealed how basic attitudes can quickly define success or failure in healthcare marketing.

In the first of my true stories, a mutual friend asked me to provide some “pro bono” advice to a struggling clinical trial doctor. Because he said his resources were limited, he was looking for some self-help marketing ideas. I agreed to talk with him and his son over dinner, mainly as a favor. It didn’t go too well.

In the course of the conversation I suggested a number of strategies and tactics that have worked well for others. Regrettably, the doctor’s son—who knew nothing about healthcare marketing—kept challenging me, saying: “I’m skeptical about that.”

More Read

Sued for Medical Malpractice – Again
CEO’s Sleep: How Many Hours do Entrepreneurs Sleep?
5 Reasons Hospital Marketing Will Benefit by Devising Digital Plans
Can Spiral CT Scans Detect Curable Lung Cancer? But Wait, There’s More!
Hospital Cost Reduction Efforts See Hope at the End of New Platform

It’s reasonable to be uncertain about new ideas, but I came away from our dinner meeting with the clear impression that the doctor (and son) were simply afraid of “being sold.”

There was little or no cost attached to what I had suggested. They were ideas that could have helped their business, and I was only trying to be helpful. Nevertheless, the barrier to progress was a fearful attitude, one that kept them away from new opportunities.

More recently—now, about two years later—I ran into the same doctor at a social event. Perhaps not surprisingly, not much had changed. The practice continued to struggle. This time he is looking to sell the practice, so I offered to help by referring him to some people that I know with that particular area of expertise. I wasn’t “selling” anything; it was simply a helpful offer. But once again, he was afraid to let me help.

A fear of “being sold,” or is it a fear of taking a risk?

The second conversation—completely independent of the forgoing story—was with another doctor. Of course, we were talking about marketing, and how attitudes pave the road to opportunity. As it turns out, this second conversation revealed a lot about the first, and what he said contains a powerful marketing lesson in itself.

“I’ve learned that physicians—surgeons in particular—are risk-adverse in business,” he told me. “In fact, being risk adverse is the number one factor that holds back most doctors and keeps them from being successful. The tough part is having the courage to accept risks in order to reap the rewards in business.”

Unlike the first doctor whose business is still on the sidelines, the second doctor has grown his practice from a humble startup to now having several locations and most recently, his own freestanding Ambulatory Surgery Center (ASC).

The contrast in attitudes is a striking lesson in marketing; attitudes build bridges or barriers between you and growth opportunities. We’re not recommending needless buying or unwarranted risk-taking. But in business, doing nothing has a highly predictable, and completely unrewarding, outcome.

Conversely, as William Faulkner put it, “You cannot swim for new horizons until you have courage to lose sight of the shore.” Courage and determination make all the difference.

RELATED READING: See our previous posts: When Doctors Say They Want Marketing (But They Really Don’t) and Trump Wisdom: How Successful Doctors Play to Win.

Share This Article
Facebook Copy Link Print
Share

Stay Connected

1.5KFollowersLike
4.5KFollowersFollow
2.8KFollowersPin
136KSubscribersSubscribe

Latest News

medicare mistakes seniors usually make
The Hidden Healthcare Costs Seniors Should Plan For
Global Healthcare Senior Care
July 15, 2026
The Complex Reality of Medication Management During Recovery
The Complex Reality of Medication Management During Recovery
Addiction Recovery
July 15, 2026
exercise benefits
How Exercise Shapes The Teenage Body And Mind
Infographics
July 12, 2026
How Healthy Meal Kits Are Helping Millennials and Gen Z Build Better Eating Habits
Health
July 9, 2026

You Might also Like

Pharmaceutical Industry
Hospital Administration

6 Trends Transforming the Pharmaceutical Industry

February 5, 2021
Boosting Profitability Through the Revenue Cycle
BusinessFinanceHospital Administration

Top 3 Things That Defined Revenue Cycle Improvement 2014

December 26, 2014

New to Nursing? 5 Essential Time Management Skills You’ll Need

April 14, 2016

Malpractice defense: Midgut Volvulus Following Gastric Bypass

March 8, 2011
Subscribe
Subscribe to our newsletter to get our newest articles instantly!
Follow US
© 2008-2026 HealthWorks Collective. All Rights Reserved.
  • About
  • Contact
  • Privacy
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?