Latest Posts
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Overcoming the Dunning-Kruger Effect: A Key to Success in Africa’s Healthcare Industry
Hamza Asumah, MD, MBA The Dunning-Kruger effect describes a cognitive bias where individuals with low ability or expertise in a certain area overestimate their skills, while those with higher ability underestimate their skills. This phenomenon has been observed in various… Continue reading
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The Importance of Consistency in the Journey of the Doctorpreneur: A Guide to Success in the Healthcare Business
Hamza Asumah, MD, MBA The journey of a Doctorpreneur, moving from clinical practice to healthcare business, can be a challenging and rewarding one. However, one of the most important aspects of this journey is consistency. In this chapter, we will… Continue reading
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Jumping the S-Curve: Navigating the Doctorpreneurial Journey with Data-Driven Strategies
Hamza Asumah, MD, MBA The S-curve is a widely accepted model that depicts the lifecycle of a business, product, or technology. It is characterized by an initial slow growth (the bottom part of the S), followed by rapid growth (the… Continue reading
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Value-Based Care and Quality Improvement: A Path to Success for African Doctorpreneurs
Hamza Asumah, MD, MBA Value-based care and quality improvement are transforming the healthcare industry, empowering doctorpreneurs to achieve success by focusing on patient outcomes and satisfaction. This blog post will explore the concepts of value-based care and quality improvement, discussing… Continue reading
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Recognizing the Red Flags: When to Abandon a Failing Healthcare Entrepreneurial Venture in Africa
Hamza Asumah, MD, MBA Entrepreneurship in Africa’s healthcare sector is a challenging yet vital endeavor. According to a 2021 report from the World Bank, healthcare entrepreneurship has the potential to significantly contribute to the continent’s healthcare system’s resilience and inclusivity.… Continue reading
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African Doctorpreneurs: Which Practice Model is Right for You – Premium, Private, or Group Practice?
Hamza Asumah, MD, MBA Healthcare entrepreneurship in Africa is an ever-evolving industry, with many healthcare practitioners and entrepreneurs seeking to provide quality healthcare services to the African population. One key factor that entrepreneurs must consider when starting a healthcare business… Continue reading
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Scaling Your Healthcare Startup In Africa: Challenges And Strategies For Growth
Hamza Asumah, MD, MBA Scaling in business refers to the process of growing a business in a sustainable and profitable way. It involves increasing the size and scope of a business to meet demand and increase revenue. Scaling a business… Continue reading
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Navigating Healthcare Regulations and Policies in Africa: What Doctorpreneurs need to Know.
Hamza Asumah, MD, MBA Over the last 10 years, healthcare regulations and policies in Africa have undergone significant changes. The following are some of the trends that have emerged: 1. Increased Government Investment in Healthcare Governments across Africa have recognized… Continue reading
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Developing a go-to-market strategy for your healthcare startup in Africa
Hamza Asumah, MD, MBA A go-to-market (GTM) strategy is a plan that outlines how a company will bring its products or services to market and reach its target customers. A GTM strategy typically includes a detailed plan for product positioning,… Continue reading
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Balancing social impact and profitability in healthcare entrepreneurship in Africa.
Hamza Asumah, MD, MBA Over the past decade, there has been a growing trend of social impact healthcare projects in Africa. These projects are typically focused on addressing the healthcare needs of underserved communities through innovative and sustainable solutions. One… Continue reading
