Lester Nathan, MS

Being effective may be the single most challenging tasks facing the pharmacy owner today.

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

As The Pharmacy Sage, I often write about solving your most brutal problems by asking the right questions.

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

Efficiency means doing things right, while effectiveness means doing the right things.

You have a passion for helping people feel better, live longer, and enjoy life more. But, is your current place of employment allowing you to do that?

Back in 1995, Peter Drucker asked, in his book Managing in a Time of Great Change, a very insightful question, "what is your business?" For pharmacy owners today, that question is even more appropriate.

Not according to Richard Koch in his book The 80/20 Principle: The Secret to Success by Achieving More with Less.

Creating your own new pharmacy, so that you can follow your passion and your dreams, can be very daunting.

Jerry Garcia, of The Grateful Dead fame, was not only a good musician, he was a great entrepreneur with a lesson for pharmacists.

If you have a burning desire to provide more and better health information to patients, consider this: there is a reason you went to pharmacy school, and there is a reason that you still have that passion.

Where Pharmacists Spend Their Time Makes a Critical Difference in the Outcomes They Achieve

Is your life how you imagined it would be, or is it, in reality, more complicated and stressful than you planned? Do you wonder how you managed to achieve all you did including all the patient contacts, and fielding the calls from doctors, too?

In 2019, you can change your destiny, or you can maintain the status quo. You have a choice: become a drone or remain a dinosaur.

Are your business decisions putting money into your bank account?

If what you are doing day-in and day-out is NOT creating new patients purchasing your products and services, why are you spending any time doing it?

Your current patients will make you richer faster, because they admire—even love you and adore you—for what you do for them already.

Having a pharmacy that truly matters can make all the difference in the world to your patients, and to your bank account.

In the lexicon of management, the owner is the epitome of leadership. Yet surprisingly, according to the Harvard Business Review, little is known about this unique role.

Want to increase cash flow and profits? And create more wealth in the process? There are 3 powerful tools to accomplish that.

No pharmacy ever developed an outstanding brand without having put together its A-team.

'Nothing succeeds like success' is an old adage in the education world. Today, it is singularly applicable to the independent pharmacy world.

Have a recruiting and hiring strategy that is unmistakably the best.

How you organize your pharmacy’s business to create significantly more success is what this article is all about.

Pharmacists should ask themselves, is what got you where you are today going to get you where you want to go?

Those who can do this find that they have an advantage in dealing with patients, team members, and vendors.

A pharmacy that truly differentiates itself may create a niche that the giant online retailer would have trouble encroaching upon.

Once upon a time individuals could open a pharmacy, and the people would come. Pharmacy owners had plenty of patients, and made a very decent living.

Organize your time, effort, and activities to become more efficient, effective, and ultmately, more profitable.

Finally you have found the perfect person to fill the open position in your pharmacy. You still need to be certain that what he or she told you about her prior positions and successes in fact, are true. It’s critical that this can be verified. Studies show that nearly 80% of candidates lie or misrepresent themselves during interviews.