The Pharmacy Sage

26/07/2019

Are You Still Trying to You Build Your BRAND Based on the Status Quo? Isn’t that what you’re actually doing now? And how is that working out?

The world around you is constantly changing. Just look at what has happened with technology in the past 10 years. Even in the past 2 years.

Those who did not change floundered—went out of business. Even giants of the past no longer rule the roost. Witness Sears, Kmart, Gimbles, and non-retailers like GM, whose share of the market went from the high of 47%, all the way down to approximately 17% now.

The battle cry: innovate or die...read my full blog here:
http://www.thepharmacysage.co/blog/are-you-still-trying-to-you-build-your-brand-based-on-the-status-quo

13/06/2019

Do You Have a Workplace Where Your Best People Want to Stay a Lifetime? Hiring the right person for each job opening is critical. You’re dealing with patients’ health, and there’s no margin for error. At the same time, you want to build your business bigger and make it significantly more profitable. That’s your purpose. Putting together the right team—the A-team—is therefore imperative.Keeping them is yet another challenge...read my full blog here:
http://www.thepharmacysage.co/blog/do-you-have-a-workplace-where-your-best-people-want-to-stay-a-lifetime

04/06/2019

You know what DNA is, but do you really know what leadership is?

The Pharmacy Sage defines it as “rendering uncommonly good performance, and then getting it from others.”

As such, your main job as the leader of your pharmacy can be divided into 2 parts:

Build your cash flow and profits to greater heights
Build strength into your organization by creating a place where the best employees not only want to come to work, but also want to stay for the rest of their careers

To accomplish the first, you create—or bring in—the finest marketing available for independent pharmacies...read my full article in The Pharmacy Times:
https://www.pharmacytimes.com/contributor/lester-nathan-ms/2019/05/the-dna-of-your-pharmacy-lies-in-your-leadership

You know what DNA is, but do you really know what leadership is?

08/05/2019

As The Pharmacy Sage, I often write about solving your most brutal problems by asking the right questions. They are so basic and fundamental that I am presenting to you the 5 most powerful ones that I have discovered for helping create a far more profitable and successful pharmacy than ever before...read my full aricle here:
https://www.totalpharmacy.com/content_items/the-5-most-powerful-questions-every-pharmacy-owner-should-ask

As The Pharmacy Sage, I often write about solving your most brutal problems by asking the right questions. They are so basic and fundamental that I am presenting to you the 5 most powerful ones that I have discovered for helping create a far more profitable and successful pharmacy than ever before.

18/04/2019

Failure to understand and appreciate the dynamics of the marketplace is costing you money. One of the things that, I as The Pharmacy Sage, find that is interfering with your accomplishment of your dreams is that the marketplace is not the same as it was 10 years ago.

Neither is it static. It is constantly changing and constantly moving.

If your beliefs about the marketplace are erroneous, then you will never be able to deal with the problems you currently face...read my full article here: https://www.pharmacytimes.com/contributor/lester-nathan-ms/2019/04/understanding-the-dynamics-of-the-pharmacy-marketplace

Failure to understand and appreciate the dynamics of the marketplace is costing pharmacy owners money.

09/04/2019

How to Create More Profits in Pharmacy Today

Efficiency is good. You want to be efficient at doing things you should be doing. The right things. One of the biggest problems in the independent pharmacy industry is that people become all too efficient at doing the wrong things. Efficiency means doing things right, while effectiveness means doing the right things.

Efficiency vs. Effectiveness: Which One Creates the Truly Successful Pharmacy...? Read my full article in The Pharmacy Times Online here: https://www.pharmacytimes.com/contributor/lester-nathan-ms/2019/04/the-price-of-efficiency-for-independent-pharmacies.

29/03/2019

ATTENTION Pharmacy Owners: The Pharmacy Sage Can Show You How to Turn Your Struggling Pharmacy into a Financial Powerhouse in 2 Short Years. Why Would Any Sane Pharmacy Owner Say NO to These Proven Cash Flow Generators? Read my blog: http://www.thepharmacysage.co/blog/why-would-any-sane-pharmacy-owner-say-no-to-these-proven-cash-flow-generators.

Can Turn Your Struggling Pharmacy into a Financial Powerhouse in 2 Short Years First, discover how to add an additional cash flow stream one product at a time. The Pharmacy Sage has recorded...

26/03/2019

If you're not using strategic marketing for your benefit, you're leaving a lot of money on the table, and your bank account can suffer badly. Strategic marketing is the only element of your business that can create dramatic results. For more info, visit my webiste http://www.thepharmacysage.co .

08/03/2018

There are seven requisites around which you must organize your time, effort, and activities, to be efficient and effective, helping you to concentrate on achieving results at the highest level. Attract new patients and get more cash sales.

“The biggest single problem within almost every business is the confusion between efficiency and effectiveness.” ...

02/03/2018

Here's a little something to entertain yourself with in case you get bored this weekend... You're welcome 😀

26/02/2018

Face palm 🤦‍♂️

22/02/2018

How many of these questions can you answer without giving them much thought?

I'd love to hear how well you did, as well as the question(s) that were the easiest and the most difficult to answer.

My job, as a pharmacy business consultant, coach, and analyst, is to ask questions— penetrating questions. Only by so doing can I get to the heart of the matter—separate symptoms from problems—...

16/02/2018

What challenges are you now experiencing because of remaining complacent with the status quo? What are you doing to drive the change you need? Or what have you done to overcome those challenges?

Last week, we discussed 18 mindsets to put you on the path to success. Let’s take a look at the first one: “Always challenge the status quo.” To do this, becoming an entrepreneurial genius is...

09/02/2018

Simple and effective strategies to help you accept and embrace challenges to creating more success in your pharmacy. What's one thing you think about everyday, but can't seem to overcome?

1. Always challenge the status quo. If you’re doing business the same way you did 2 years ago, you may be heading for a fall. 2. If you want to succeed, make sure you have no choice in the...

05/02/2018

Monday's tip:

01/02/2018

...and what you're doing about it can make you or break you

9 Things you need to be doing to increase profits in your pharmacy. Marketing, staff, leverage

18/01/2018

Do you apply these rules to your pharmacy business? If not, why not?

Discover What They Know That You Don’t, So You Can Follow in Their Footsteps ​ What they practice is priceless. You can learn to do it, too. It’s about building your business bigger and making...

15/01/2018

2018 is your time to rise above the competition!

Discover 2 Major Cash Elevating and Profit Generating Strategies That You Are Currently Overlooking.

12/01/2018

Pharmacy owner's earnings are down for the third consecutive year in a row. With the rise of competition, low reimbursement rates, mail-order and limited-to-no control over your pricing, you must either innovate or stagnate. You can rise above the competition and lessen your reliability on third-party payers when you know what TO DO and what NOT TO DO. What are you currently doing or not doing to overcome this downward spiral?

As I talk to ever-so-many pharmacy owners, I find that most of you have a very clear vision of where you want to be, you know that you need to be doing something different, and you have tried...

05/01/2018

What's the question you're asking yourself every day?

When we were toddlers, we were curious about everything around us and asked "what's that?" and "why?", several times a day. "Because" was never satisfactory, so we would continue to ask "why?"...

28/12/2017

Find out how you can find the proven formula that creates an additional $10,000 or more each and every month in your pharmacy

Let’s make 2018 the best year ever for your pharmacy. How? By following a selected protocol that has been used by hundreds of your colleagues to increase patient care and put more money into their...

15/12/2017

If you could map the DNA of your independent pharmacy business, how far ahead of where you are now, do you think you would be?

If we could map the DNA of independent pharmacy business, wouldn’t you be light years ahead of where you are now? And isn’t there the possibility of your making infinitely more money as you serve...

12/12/2017

Just thought I'd share. Perhaps it will help, perhaps it won't. 😂

30/11/2017

I want to help you! So, I'm going to give you my book absolutely FREE! What are you going to be doing? ;)

Your Pharmacy Business Will Only Get Worse When declining cash flow destroys your family’s way of life… and foils your best laid plans for taking good vacations, sending your kids to one of the...

24/11/2017

I hope you all had a fantastic Thanksgiving!

Do NOT Spend Another Dime on Marketing Until You Read This The more successful marketing I create, the more I am convinced of one thing: Carmen Simon is decidedly correct. She is a Neuroscientist...

16/11/2017

What opportunity(s) did you discover, that you wish you implemented sooner?

You work hard every day. You want to see the fruits of your labor. But the insurance companies, government regulations, and the total environment are conspiring to hold you down—to keep you from...

11/11/2017

09/11/2017

What changes will you be making to secure your pharmacy's future?

The market place is rapidly changing. You can no longer make a decent living filling traditional scripts alone. The Independent pharmacy’s future needs to be rethought. Any look at what’s...

27/10/2017

Who can relate?