Doctor Mark McKenna’s Brilliant Investments

Dr. Mark McKenna is an American medical doctor and a serial entrepreneur. He attended Tulane medical school where he graduated with a bachelor’s degree in medicine in the year 1999. While in school, he believed that as a doctor he could not be able to a lot of money. He followed his heart into entrepreneurship. He started with a real estate business which was situated in New Orleans.

During his school days, Dr. Mark McKenna used to visit prisons to do physicals to prisoners who payer him $50 hourly. He invested the whole amount in real estate business. Before venturing into the business, he had practiced medicine for only 5 years. The real estate business was making him $500000 every year. When hurricane Katrina storm hit New Orleans, he decided to quit and moved to Atlanta where he set up ShapeMed in 2007 using $700000 he had walked out with from the real estate business.

ShapeMed was a chain of offices which offered cosmetic treatments. The company did well with yearly profit of $1million. Later in 2015, he got a good offer and sold the company to Lifetime Fitness at $4.4 million.

Dr. Mark McKenna’s next move is purely based on technology. It is not like the old business where the patients felt that they were going to see the doctor. According to him, they will use emails to connect with the patients. Also, a mobile app will be used to send service providers direct to the customers. House calls and virtual consults will also be used. The company will be called OVME which is pronounced as “of me”. It will be a national chain of cosmetic medical offices for Botox patients. Dr. Mark McKenna says that the company will cost $4.4 million to start and is estimated to grow to $25 million over the next 5years.

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