The Next Time Someone Asks You the Secret of Your Success, Listen To Your Answer and Then Keep Practicing it.

This week MMRGlobal is being featured internationally on MoneyTV  In fact I just listened to the interview myself for the first time after taping it.

In watching, I reminded myself of the line, “We teach best what we need to learn the most”.  I get so consumed with my 15 hour days I forget about the size and potential of Health-IT and how exciting it is to be connected to any form of ehealth at this time. Listening to my interview brought perspective and reminded me about the excitement that is MMRGlobal and why I spend the 15 hours or more each day working for MMRF and our shareholders.

In fact I am now on the 20th hour of this a Sunday workday.  I am writing this blog on a redeye to Columbus Ohio. Last week MMR concluded eight months of negotiations with Kodak to be able to offer a private branded MMRPro System  Today I will meet with Cranel. Cranel is one of Kodak’s leading international distributors and one of the first distributors of imaging and storage products.  We are kicking off our celebration of the Kodak announcement by asking Cranel to place another first under their belt by offering MMRPro and the MMR Stimulus Program through their sales channel (Watch Video).

In 1998, when I resigned as CEO of SmarTalk, I promised myself I would never run a company unless it had the potential to be bigger than my last one.   I founded the prepaid calling card company with a $5000 investment and when I left in January of 1998 it had a market cap of as much as one billion. That happens when you are in the right place at the right time.  Prepaid telecommunications was clearly the right place and 1995 was clearly the right time.  When you think about the opportunities for MMR one only needs to look at /health on a global basis to see it is the right place to be at the right time.  In the United States and around the world, governments are investing more than one hundred billion dollars in stimulus programs to incentivize health care professionals to adopt ehealth programs.

Given the market for Health IT is projected to exceed 4 trillion dollars worldwide I believe MMR is in the right place at the right time.  That’s why our commercials talk about “The Future of Healthcare Really Does Exist at MMR Today”

In the MoneyTV interview (Watch Video), I reminded myself how MMR is expanding into places like China, Australia and Russia through strategic partners and our relationships with major corporations like Kodak and Chartis Insurance, formerly known as AIG.  And as a result, our partners in China and Australia are talking about investing in the US through MMR.

Many believe that investors looking at ehealth as a category have many opportunities ahead.  Consolidation is just beginning, valuations have not reached their peak and less than twenty percent of physicians and healthcare professionals in the US are using any ehealth system.   In fact, few have purchased an Electronic Medical Record (EMR) system and even less offer patients a Personal Health Record (PHR).  So if you’re an investor looking to invest in ehealth, (better known as Health IT) you could still have as much as 80% of the market to enjoy.  In fact, when MMR first started on-line advertising several years ago, we could barely find 2000 people a day who searched Google for the term “personal health record” or something similar, while today the number is in the millions.

I get a lot of mail and comments from these blogs. Many of you have told me that they inspire you, many of you are carrying a copy of “Don’t Quit” as a reminder to keep putting one foot in front of the other and a few of you tell me that whenever they come out you know I am still alive, and kicking.

…………..with appreciation to all of you for your friendship and support.

Robert H. “Bob” Lorsch,  CEO,  MMRGlobal

4401 Wilshire Blvd., 2nd Floor, Los Angeles, CA 90010, Tel. 310-476-7002

Follow me on Twitter at BobLorschTweets

One Response to “The Next Time Someone Asks You the Secret of Your Success, Listen To Your Answer and Then Keep Practicing it.”

  1. Susan Buckner Says:
    July 18th, 2011 at 10:17 am

    thankz for the morning pep talk.

Leave a Reply

You must be logged in to post a comment.