For those of you that want to sink you mojo into huge opportunities in 2017, look no further than the health field. However, you must keep in mind that these opportunities lie where few dare to have ventured in the past and “change” here is the norm. The current make-up of the health field is on an unsustainable path and either we effect some changes or we won’t be able to afford health care as we know it today.
While our current health care system is loaded with conflicts and problems these lead to huge opportunities. The Affordable Care Act was a daring step but it turned out to be not affordable and structurally not sustainable. Government and corporations need to rapidly change this unsustainable process while continuing to ensure basic affordable health care availability to everyone . As government embarks on changes to the current system there are lots of opportunities for entrepreneurs.
Here are five rocks entrepreneurs can look under for opportunities:
- Opportunities that deal with increasing competition and those that reduce the cost of administration of health delivery systems without affecting the quality of care are at the top of the list. Today in America, health care administration costs including insurance billing are about 30% of total health care delivery costs. The other advanced nations in the world average 15-18% or about half of our costs as a % of total. Opportunities that can simplify the admin processes, streamline insurance and increase competition can save hundreds of billions of dollars per year. Competition across state lines can create efficiencies. Entrepreneurs with ideas that can streamline the vast administrative pipeline created by government and insurers can capitalize on this area. Mandate minimization and market forces will ensure that corporations and government deliver what consumers want and need.
- The drug delivery areas are rapidly changing. Life extension through quality living, eating and exercising and drugs that can extend quality of life into the 80’s and 90’s represent important business opportunities. Such opportunities will be enhanced in coming years with some revolutionary drugs, combined with healthy living alternatives, and genetics breakthroughs. Affordability of these options is a key to success.
- A great deal of the US medical expenses go for malpractice insurance, in fact the number is over $60 Billion a year and that number is understated as it does not include the cost of excess testing that doctors incur to avoid even a shade of malpractice liability. Malpractice insurance reform can provide a significant opportunity for cost reductions without affecting the quality of health care.
- Innovation areas where medical practitioners can identify diseases much earlier can save both lives as well as dollars. This field is ripe for entrepreneurs.
- Health care informatics is also an important opportunity for entrepreneurs so that the vast amount of health care information on each patient is easily accessible to anyone providing health services to the patient. Health records informatics must realize the full advantages of incorporating Artificial Intelligence into these systems.
To be continued in my next blog with more health care thoughts! Have a Happy and Healthy 2017.
As the holidays approach, I am always reminded of the good, the bad, and the ugly. The good is to give thanks for the good things we can count on for now, a good family, a great country and the opportunity to be alive today enjoying the goodness of America and its people. The bad for us now is the loss of one of my colleagues and co-author of my seventh book, Harlan Kleiman who passed away less than a month ago. Harlan who was one of the leading forces shaping the creation of Pay TV Channels, passed away peacefully leaving us without his charm, his caring, initiative and great mind. Harlan authored one of the chapters in our book We Got Mojo! Stories of Inspiration and Perspiration and will be sorely missed. Finally, the ugly is reflected in today’s polarization in our country. I offer the following solution “Let’s not get further apart, but have faith in the future. Let’s move an inch closer together each day, let’s be tolerant and build some team mojo to get through the lows and turn them into highs”. We live in the greatest nation on earth with the greatest liberties anywhere. Let’s make America even greater, without segregating ourselves into polar opposites. Let’s turn the ugly polarization into a move toward the center where all of us can use our mojo to the benefit of all. Happy holidays, and a great 2017 to all.
Now if you still have not done it, buy a copy of We Got Mojo! Stories of Inspiration and Perspiration by Raul A. Deju and his 35 BFF. Proceeds go to help the Disabled Veterans Business Alliance. Available at Amazon, Barnes and Noble and other booksellers.
For the next 4 weeks I will feature 4 of my favorite books for 2016 and their importance to help us understand the megatrends driving the business world today. This week, I begin by featuring “Platform Revolution” by Geoffrey G. Parker, Marshall W. Van Alstyne and Sangeet Paul Choudary.
This phenomenal work shows us how platforms beat products and how you can learn to transform your organization to take advantage of a platform structure. The authors point out that Uber, Airbnb, Amazon, Apple and PayPal are platforms that totally disrupted their markets when they launched. So you are starting a new venture, you need to learn the secrets to start a successful platform business . If you are a traditional company today, the book will teach you how you can adapt to a platform in today’s changing marketplace. This is a must read!
Next week we will feature how to deal with “Health Science” opportunities.
The election is over in the US. The challenges in the world still remain but it is now time to come together as one country with one class of citizens and pull ahead to solve problems. The stories in We Got Mojo should inspire you and help you succeed in life.
Also now as the holiday season begins books make great gifs. Give copies of We Got Mojo and you are donating to veteran entrepreneurship. Place your order at http://www.wegotmojodeju.com or through Amazon, Barnes & Noble or other book-sellers.
Corruption, pay to play, demeaning treatment of women, which is worse? Are they the traits of a potential leader of the greatest nation on earth? A writer of screenplays could not have written a more unbelievable plot than this year’s elections in the US. The circumstances may be good for the sellers of anti-depressants but the entire process represents a bad example for the citizens of our country. As discussed in my newly released 7th book, We Got Mojo! success needs to begin with values and certainly there is every appearance that those wanting to become our top elected officials have different perspectives.
Values do matter. Kofi Anan, the former Secretary General of the United Nations in a eulogy after the death of Nelson Mandela succinctly said in reference to Mr. Mandela that “by showing us that the path to freedom and human dignity lies in love, wisdom, and compassion for one another Nelson Mandela stands as an inspiration for us all.” Well maybe our leaders need to practice the three keys to fine tuning your values:
- Love one another;
- Be wise making decisions that respect the betterment of freedom and human dignity; and
- Exercise compassion to the rest of humanity.
Read more about what we think about values in our book “WE GOT MOJO!” now available in Amazon, Barnes & Noble and other booksellers. Learn more about it and even purchase the book at http://www.wegotmojodeju.com
Pass the word on to others so they can benefit from the wisdom in the book which contains the stories of 35 of my very successful BFF and I. All proceeds go to help Service Disabled Veteran Entrepreneurs launch their businesses.
Just some food for thought. In my recent book We Got Mojo, 36 of us got together and assessed what were the factors that have helped us succeed. In all cases we have started and built our success with true values. You can read our stories in the book (Here is my only ad- buy it at Amazon or Barnes and Noble on the internet and help veteran entrepreneurs).
However, what do we see in our leaders today. In Russia, Putin has a new calendar just like Sports Illustrated. In Asia, in Latin America and in many other capitals you hear about corruption but what about our American Example today? Corruption, intolerance, lies!
Here is why we need my new word “Bananization” to describe the process of turning America into a banana republic. We need to expect more from our leaders. We need to demand respect for each other be them men or women, all races, orientations, national origins etc. Remember the key to America’s prior success is its diversity and its tolerance for its diversity. We need to demand that our leaders be truthful. It is an insult for our leaders to lie to us assuming we are all stupid. Let’s fight bananization- it is a path to the destruction of. all the good that America has accomplished. Spread the word. Demand values from our leaders. Let’s continue to be the shining beacon of the world. This is not about party affiliation. It is about America and having a great future for generations to come.
I know it can be done!
36 of us just published We Got Mojo Stories of Inspiration and Perspiration. It is definitely more inspiring than listening to Hillary or Trump and guess what: we start and go on with strong values. Watch our YouTube at https://youtu.be/3CKSZjAGkjU and then buy the book at Amazon, Barnes & Noble or other booksellers.
As practiced by the 36 of us, Albert Einstein puts it best in as few words as possible when he said, “Once you stop learning, you start dying.” There is not much learning you can do from listening to politicians today instead grab our book and learn a few good things!
I promise you won’t need anti-depressants when you read We Got Mojo!
Check out our new You Tube: https://youtu.be/3CKSZjAGkjU that describes my 7th book We Got Mojo! Stories of Inspiration and Perspiration it will inspire you.
And if you like it buy the book at Amazon, Barnes & Noble or other booksellers.
Send me some likes or comments. Ranked 5-Stars in Amazon
We all have memories of September 11. I was on a plane on my way to my office in Salt Lake City when the plane was asked to instead return to San Francisco and as soon as we arrived we were asked to leave the airport terminal. My older son and my daughter in law were in New York City on that day but fortunately not at ground zero. I had a friend that died in the building. The carnage of that day lives in my memory forever, but equally I will continue to remember what we Americans did in response to the acts of terror on that dreadful day.
Since that infamous day 15 years ago, look at what we in America have accomplished and the many American Dreams that have been achieved. We in America are innovators and risk takers as exemplified by the 36 of us who authored We Got Mojo!
Some of our stories are raw and most have had a happy ending- not all. However, on September 11 we need to particularly remember the three stories in the book by my co-authors who fought after the collapse of the towers for the freedoms that we enjoy:
Lt. General (Ret) Ricardo Sanchez who served the US Army for 33 years including serving as the Director of Operations for US Southern Command and leading the US and Coalition forces for Operation Iraqi Freedom;
David Hornbeck, a US Marine who led IED patrols in the Middle East and patrols in Guantanamo Bay; and
US Army Major (Ret) Tom Deierlein, who was critically wounded by an Iraqi sniper yet now has completed the Army 10-miler race and several Triathlons.
The three of them have now moved into the private sector where they are building their companies while generously donating to others less fortunate. They all remember the infamy we suffered on September 11.
There are a number of other military veterans featured in the book but the three mentioned above will churn your gut with the pain of what they had to go through to insure that September 11 is not repeated and America continues to be the land of dreams.
We cannot forget September 11. May God Bless the souls that perished there and those that since have perished in the battlefield or in the homeland in this continuing Terror War trying to ensure our freedoms which sometimes we so easily take for granted.
We Got Mojo! is available on Amazon, Barnes & Noble and other internet sellers. All proceeds go to the Disabled Veterans Business Alliance.
Thirty two 5-Star Reviews in Amazon can’t be wrong. For example on August 28th Anne Cunnigham a University of California Professor and an author herself wrote a review on Amazon titled:
A Blueprint for Success We Got Mojo!
” This is an inspirational book on leadership and success. A must read for any individual interested in a blueprint for success. Dr. Raul Deju and his 35 colleagues share intimate stories of their adversity and triumph in achieving personal and professional success. ‘We Got Mojo” is a treasure trove of galvanizing stories replete with lessons for all of us who seek, and believe in the American Dream.”
Watching TV these days can lead anyone to depression, alcoholism or worse. Instead, go to your favorite internet bookstore and download a copy or purchase an old-fashioned but awesome paper-copy of We Got Mojo! You will see hope, achievements, giving- all the things missing from today’s political landscape. Yes America is a great country today and likely will be tomorrow but not because of its politicians but because of our people who get an A+ for Achievement. In the last two weeks I worked from our place in Kauai, Hawaii- what a difference. I turned off the TV except to get the weather reports, and worked while looking at the blue surf zeroing in on a few green turtles and my mind cleared and my hope scale went up, not because some great leader is going to lead us but because I believe there are enough Americans that believe in the American Dream that we are unstoppable.
So click on Amazon, Barnes & Noble or our own internet site http://www.wegotmojodeju.com and purchase your copy. It beats therapy. For $20 you can get a soft-back edition.
Send me your comments.