Interested in starting your own entrepreneurial journey but unsure what to expect? Then read up on our interview with Antoine Mourani, CEO of The Pharmacy Hub, located in Miami, FL, USA.
What's your business, and who are your customers?
We are a tech-driven compounding pharmacy working with telemedicine providers to provide patients all over the country with access to customized treatments not readily available on the market. We work with brands or innovators in health to create special formulations for their target audience.
Tell us about yourself
I started out as a traditional pharmacist working for retail chains, then mail order until I discovered the joys of owning my own pharmacy. Initially, I just wanted to make medications better accessible to patients by filling prescriptions in less than 3 minutes and delivering medications to patients' homes. As I grew my network in the industry and moved around the country, I became very familiar with compounded medications and a whole new industry of care. I learned that traditional medicine is not for everyone, and if you want to optimize your health, you have to seek treatment from doctors and pharmacies that exist outside the system. Unfortunately, such treatments are usually only accessible to wealthy people; some of my colleagues and I are working on changing that.
What's your biggest accomplishment as a business owner?
My biggest accomplishment is the joy that I receive from being able to see positive patient outcomes from our innovative efforts.
What's one of the hardest things that come with being a business owner?
The challenges of having certain financial burdens if a check does not clear or a client does not pay, or the insurance company audits you and holds payments for medications you paid for and dispensed to patients. Certain regulatory challenges on all levels, city, state, and federal.
What are the top tips you'd give to anyone looking to start, run and grow a business today?
Minimize your risk by having a plan A, B, and C. Know what you are getting into, budget your project, and stick to it. Have a backup funding source if things do not go as planned and as well as an exit strategy.
Where can people find you and your business?
Website: https://thepharmacyhub.com/
LinkedIn: https://www.linkedin.com/company/the-pharmacy-hub/
If you like what you've read here and have your own story as a solo or small business entrepreneur that you'd like to share, then please answer these interview questions. We'd love to feature your journey on these pages.
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