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Dean's Chat host, Dr. Jeffrey Jensen is joined by William Scherer, DPM, for a discussion on podiatric medicine, his role as the Senior Podiatric Medical Advisor for Bako Diagnostics, and a host of other topics! Dr. Scherer did his undergraduate studies at the University of Miami, he attended Barry University School of Podiatric Medicine graduating in their inaugural class in 1989. He finished his surgical training in California before returning to South Florida to go into private practice. Dr. Scherer's computer background served him well - affording him opportunities to start companies while helping the podiatric profession. A fun discussion on everything from work/life balance to travel, food, and watches! Enjoy!

In this episode of Dean's Chat, Dr. Jeffrey Jensen is joined by Dr. William Scherer, the Senior Podiatric Medical Advisor for Backo Diagnostics. Dr. Scherer shares insights from his career and discusses the generous sponsorship provided by Bako Diagnostics in the podiatric medicine field.

In the episode, Dr. Scherer underscores the importance of identifying a problem to solve or a service/product to provide to achieve business success. He acknowledges that this may sound simple, but it is the key to success. Dr. Scherer suggests that watching shows like Shark Tank can be beneficial in understanding this concept, as the entrepreneurs on the show either solve a problem or offer a desirable service/product.

Passion and expertise are also highlighted as crucial elements for success. Dr. Scherer emphasizes that his focus has always been on being passionate about his idea or product, rather than prioritizing monetary gain. 

Dr. Scherer views making money as a byproduct of passion, hard work, and energy. Dr. Scherer cautions against solely aiming to become a multi-millionaire, as this narrow focus can lead to failure. Instead, he advocates setting a goal to create a new product or service and diligently working towards it, which may ultimately result in financial success.

Furthermore, Dr. Scherer discusses the necessity of embracing risk in entrepreneurship. He acknowledges that as he’s grown older, his risk tolerance has diminished slightly. However, he recognizes that entrepreneurs possess a unique ability to tolerate risk and invest time and effort into ventures that may or may not yield financial benefits in the future.

Tune in for an interesting and inspiring episode about entrepreneurship and innovation with Dr. Scherer and Dr. Jensen!

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