The allure of residual income – earning money even after you’ve stopped working – is undeniable. While often associated with Multi-Level Marketing (MLM) or complex investments, a lesser-known opportunity is gaining traction: Point of Care (POC) Dispensing by Physicians.
MLM programs often promise residual income, but the reality is that few participants achieve substantial earnings. Similarly, investments in the stock market or other ventures can generate passive income but require significant knowledge and capital, along with inherent risks.
POC Dispensing offers a compelling alternative. Instead of writing a prescription for a patient to fill at a pharmacy, physicians dispense the medication directly from their office. The patient pays the physician’s office, typically at a comparable or lower price than a pharmacy. This allows the physician to profit from the medication, potentially adding $20,000 to $40,000 annually to their income.
Traditionally, companies selling this opportunity to physicians employed a salaried sales force. However, a new model is emerging where Independent Sales Organizations (ISOs) hire sub-contractor sales teams. As a sub-contractor, you earn monthly commissions for as long as the physician remains a customer.
The potential is significant. Consider these numbers:
* There are approximately 400,000 physicians in the target market.
* Currently, only about 7% (28,000) participate in POC dispensing.
* An estimated 50,000 to 90,000 more physicians will adopt dispensing in the next 3-5 years.
* Acquiring just 100 physician clients could generate a six-figure annual income.
With a substantial market of physicians yet to adopt POC dispensing, the opportunity for generating substantial residual income is considerable. Physician dispensing is rapidly emerging as a premier avenue for those seeking a reliable and lucrative passive income stream.