Networking for Success:
How CME Spot's Lillian Pecache Built a Thriving Healthcare Business Ep 41
As healthcare entrepreneurs, executives, and innovators, the road to success can be a bumpy one, especially when we try to balance our personal and professional lives. The journey can seem daunting and overwhelming, but it doesn't have to be.
In a recent conversation between Lillian Pecache, founder of the CME Spot, and myself, we discussed crucial points that can help highly successful healthcare leaders to grow, network, and create a balanced life. In this blog, we'll delve into the six major discussion points from this conversation and how we can support you in your journey towards success.
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Live Interview
Show Summary
Join us in this episode as we talk to Lillian Pecache, founder of The CME Spot, a continuing medical education platform for healthcare professionals. Lillian shares her journey as an introverted entrepreneur and how networking helped her connect with providers and establish her brand. Our guest also emphasizes the importance of finding fulfillment and creating balance in one's personal and professional life.
In this episode, you will learn:
- The power of networking and how to overcome imposter syndrome to establish meaningful connections that can take your business to the next level.
- How to find fulfillment and create balance in your personal and professional life by identifying your definition of success and making time for activities that "fill your cup".
- How to use your business as a vehicle for charity and give back to your community by identifying your mission and finding ways to support causes that align with your values.
Focus on creating a product you believe in, and then execute it
Creating a product that aligns with your beliefs is critical in any business venture, but it's especially important in healthcare. As an entrepreneur in this industry, it's crucial to be passionate about what you're doing because healthcare has a significant impact on people's lives. It's not just about making a profit; it's about improving patient outcomes and overall healthcare delivery. Therefore, the product you create should reflect your values and vision for the healthcare industry.
Execution is key to success in any business, but perfectionism can often hinder progress. It's easy to get caught up in trying to make everything perfect, but it's important to remember that perfection is often unattainable. Instead, focus on executing your product to the best of your abilities, with a willingness to improve and make changes along the way. Pivoting is sometimes necessary, but it should not be the first option. Before considering a pivot, it's important to give your initial idea a chance to succeed.
By creating a product you believe in and executing it with intention and purpose, you can establish a strong foundation for your business. Your passion and belief in your product will drive you to work harder and overcome obstacles. Furthermore, having a product that aligns with your values will attract customers who share your beliefs and vision for the industry. Overall, creating a product you believe in and executing it with purpose can lead to not only business success but also personal fulfillment.
"A leader is someone who's willing to take a step forward, willing to take that risk and willing to take that opportunity to grow." - Sabrina Runbeck (SabrinaRunbeck.com)
Networking is crucial
Networking can be a daunting task, especially for introverts. However, building connections is crucial for the success of any business, especially in the healthcare industry. It's essential to get out of your shell and talk to anyone who will listen about your dreams, beliefs, and business. You never know who might be interested or who can help you. It's not always about who you know, but about who knows you.
As a healthcare entrepreneur, it's crucial to build relationships with other professionals in the industry. These relationships can help you obtain opportunities you never thought possible. You may meet someone who can provide you with funding for your startup or connect you with key individuals who can help grow your business.
While networking can be intimidating, there are ways to make it less daunting. One approach is to attend conferences and events in your industry. These events provide a great opportunity to meet new people, share ideas, and learn from others. You can also join industry associations or online communities to connect with like-minded individuals.
Remember, networking is not just about selling your business or yourself. It's about building relationships, learning from others, and creating opportunities for collaboration. By putting yourself out there and connecting with others, you can expand your network and achieve success as a healthcare entrepreneur.
Clarify your ask
When seeking help or support from others in your network, it's crucial to have a clear understanding of what you're looking for. Be specific about your ask, and avoid overwhelming the person with too many requests. When you have too many asks, it can cause confusion, and people may not know how to assist you effectively. By being clear and concise about what you need, you can make it easier for others to help you.
This applies not only to networking but also to collaborating with others. When you're working with a team or partner, make sure everyone is on the same page about the goals and expectations. Clearly define each person's responsibilities and ensure everyone understands the scope of the project. When you have a clear understanding of what you're trying to achieve, you can work together more efficiently and effectively. Remember, being clear about your ask is not just about getting help, but it's also about setting yourself up for success.
Build intentional harmony
Creating balance between personal and professional life is challenging for many healthcare entrepreneurs, executives, founders, and innovators. Instead of striving for a perfect balance, it's important to focus on intentional harmony. This means identifying your priorities and allocating time and resources accordingly. It's important to be intentional with your time, ensuring that you're spending it on the things that are most important to you.
Quality time is also crucial in creating intentional harmony. Rather than trying to fit everything in, focus on making the most of the time you have. For example, if spending time with family is a priority, make sure that the time you spend with them is quality time. Return on investment is another important consideration. Make sure that the time and resources you invest in your personal and professional life are yielding the results you want.
Creating intentional harmony is not easy, but it's essential for maintaining a fulfilling and successful life. It requires regular assessment of priorities and a commitment to making time for the things that matter most. By doing so, healthcare entrepreneurs can ensure that they're not sacrificing their personal lives for their professional ones or vice versa.
"I do believe that you have to fill yours first before you fill anybody's, including your patients or even your business, right?" - Lillian Pecache (thecmespot.com)
Define your fulfillment
Fulfillment is an essential part of leading a happy and satisfying life. It's important to understand what fulfillment means to you and take steps to achieve it. For Lillian, fulfillment means making a difference in people's lives through education. She uses her business, the CME Spot, as a vehicle for charity, generating income for scholarships for future medical providers and healthcare professionals. For others, fulfillment may mean spending time with loved ones, pursuing hobbies, or making a positive impact in their community.
Whatever your definition of fulfillment is, it's crucial to prioritize it in your personal and professional life. Taking care of yourself is essential to being able to care for others, whether that means your patients or your business. Finding ways to fill your own cup can help you lead a more fulfilled life, which in turn can help you better serve those around you. By identifying what's most important to you and taking steps to achieve it, you can create a sense of purpose and meaning in your life.
Pay it forward
Success is not a solo journey, it's a team effort. As a healthcare entrepreneur, executive, founder, or innovator, you have a responsibility to share your knowledge and experiences with others. By helping others become the best leaders they can be, you not only contribute to their success, but you also create a positive impact on the healthcare industry as a whole.
Paying it forward can take many forms, from mentoring a colleague to sharing resources and connections. It's not about expecting anything in return, but about creating a culture of support and collaboration. By sharing your expertise, you also create opportunities for others to pay it forward and create a ripple effect of positive change in the healthcare industry.
Supporting your colleagues in becoming the best leaders they can be is not only a moral obligation, but it's also beneficial for your own growth and success. As you help others succeed, you also create a network of trusted and knowledgeable colleagues who can support you in your own endeavors.
In conclusion, highly successful healthcare entrepreneurs, executives, and innovators can benefit from these six major discussion points. Focus on creating a product you believe in, network, clarify your ask, build intentional harmony, define your fulfillment, and pay it forward. These points can help you grow, network, and create a balanced life, allowing you to be the best leader you can be.
Want to hear more detailed examples that are not included in this article?
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