Why Doctors Fail in Business – And How We Can Change That

The biggest challenge in medicine and health sciences today is competition over collaboration.

We compete for patients, posts, prestige—and in the process, we fail to build sustainable, scalable businesses.
We blame systems, politics, or the economy—but rarely do we look inward.

We start businesses based on personal relationships instead of formal legal institutions. When those relationships fall apart, so do the businesses.

But these are just the surface issues. Here are deeper reasons why many doctors fail in business, and what we must do to rise above:

 

Problem: Lack of Collaboration (competition over collaboration).

 

 

We view each other as threats instead of allies. .

 

Solution: Build joint ventures, co-owned clinics, and cooperatives. Leverage each other’s expertise rather than duplicate efforts. Collaboration reduces cost, shares risk, and expands market reach., :

 

Problem: No Formal Legal Structures 

 

 

Most health businesses are founded on informal agreements between friends or partners. .

 

Solution: Solution: Register proper entities (Ltd/NGO/PLC), sign shareholder agreements, and define governance structures. Let the law secure your future—not personal trust alone., :

 

Problem: Poor Financial Literacy

 

Many doctors don’t understand business models, taxation, capital investment, or cash flow.

 

Solution: Get trained. Attend workshops. Hire accountants. Stop running your clinic like a hustle. Run it like a company.

 

Problem: Zero Marketing and Branding.

 

We believe “If I’m good, they will come.” But patients don’t know who you are.

 

Solution: Build your personal brand, get online, use testimonials, and communicate your value clearly. Let your name work even when you sleep.

 

Problem: No Long-Term Vision

 

Many doctors just want extra income. They never build systems that scale

 

Solution: Think beyond the room you consult in. Build an enterprise, create intellectual property, invest in tech, and train teams to deliver your model.

 

Want to go deeper?

 

Join our upcoming Master Class on Medical and Healthcare Business Modalities in Tanzania.
We’ll explore:

 

  • How to legally structure your health business

  • Successful case studies from Tanzanian practitioners

  • Funding models and public-private partnerships

  • How to brand, scale, and sustain your clinic or consultancy

  • What NOT to do in healthcare entrepreneurship

 

🔗 Register Now: [Insert Your Link Here]
 For all medical professionals, students, and health entrepreneurs in Tanzania.
 Let’s stop surviving and start building.

 

 

TRAINING FEE: Tsh 100,000

🔸 Payment Options:

 

CRDB Bank:
Account Number: 0150740665000

Tube Medical Consultancy

 

CRDB LIPA Number: 11897790 

Tube Medical Consultancy 

 

M-PESA LIPA Number: 5806447 

Tube Medical Consultancy

 

Diamond Trust Bank (DTB): 7266197001
Issa Faustine Mbashu

 

Dr. Issa F.M. Mbashu
CEO | Founder, Tube Medical Consultancy
Executive director, Tusikilizwe- letusbeheard foundation