There must be a million ways to live the pharmacy ownership success story.Read More
The Pharmacy Ownership Guardian
The Statue of Liberty was a joint effort between France and the United States, intended to commemorate the lasting friendship between the peoples of the two nations. Today, it remains an enduring symbol of freedom and democracy, as well as one of the world’s most recognizable landmarks. Nothing symbolizes independence more than America's Great Lady. Read More
You have probably heard that time is the only thing you can give that you can never get back. Your time is essentially your life energy. We are only blessed with a finite amount of time and life energy. Focusing on how you spend this can make a tremendous difference in how successful you are and the quality of life you have.
Our team at Waypoint has made it a habit to utilize a strategic coach in almost everything we do as a company. The reason for this is we attended a seminar many years ago and the speaker was discussing "working on" rather than "working in" your business. He clarified the difference by using an example of a CEO of a major children's clothing manufacturer.
This CEO's company was doing great, but he knew it could do better. He called in all the top executives to a round table discussion about how to improve the company. When he realized that he was getting the same answers over and over again, he decided that they needed to bring someone in from the outside for a fresh and different perspective.
We hear the word legacy much more today than we did in the recent past. In fact, we had one pharmacy owner tell us that legacy is being thrown around more than the word "love" was in 80's teenage romance movies.
Owning a pharmacy or being a community pharmacist can be demanding of your time, attention and energy. A community pharmacist once told us that these are the three most scarce resources people have. Understanding this, and the subsequent implications, can help you better understand what you need to do to optimize the management of these three resources.