Interview with Michelle Fritsch, PharmD, BCGP - pharmacist, entrepreneur, and mentor
Today\u2019s episode is an interview with Dr. Michelle Fritsch.\xa0 She\u2019s a pharmacist, entrepreneur, and mentor.\xa0
Michelle is a board certified geriatric clinical pharmacist with a passion for healthy aging and education.\xa0 She is a specialist in medication use in people over 60. She is founder of Retirement Wellness Strategies, LLC supporting a transition to health in retirement and beyond. She cares for patients so they can live a long healthy and purpose-filled life so they can be a hero to their family and others.\xa0 She works with a broad definition of health \u2013 physical, mental, emotional, spiritual, and social.\xa0
Links and items mentioned in this episode
Retirement Wellness Strategies\xa0https://www.retirewellness.com\xa0
Meds MASH https://www.retirewellness.com/mash/\xa0
Medipreneurs https://www.medipreneurs.com\xa0
Propel Comprehensive Wellness (website in development as of October 2021)
Preventive Maintenance for a High Mileage Life (Kindle Version)
Michelle Fritsch\u2019s links https://linktr.ee/MichelleFritsch\xa0
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Highlights from the interview
Dr. Michelle Fritsch\u2019s Businesses: \xa0
- Retirement Wellness Strategies.\xa0 Meds MASH has been wrapped into that.
- Medipreneurs\xa0
- PROPEL Comprehensive Wellness (coming soon!)
Retirement Wellness Strategies came out of an identified need after years of practice.\xa0 Michelle\u2019s background is geriatrics and academia.\xa0 She wanted to work with patients in \u201cearly geriatrics:\u201d age 55-70.\xa0 She wants to help them define a plan for long-term health so that when they retire, those are fulfilled, active, vital years instead of having a big health decline and surviving.\xa0 The health decline that occurs at retirement/upon reaching geriatrics is preventable.\xa0
Why the name Meds MASH?\xa0 \u201cMeds\u201d because she\u2019s a pharmacist.\xa0 MASH stands for \u201cMature Adults Safe at Home.\u201d\xa0 Baby Boomers don\u2019t like labels, like \u201cMature\u201d or \u201cGeriatric,\u201d but the literature says \u201cgeriatric\u201d is >65 years old.
Retirement Wellness Solutions is a planning process.\xa0 Financial Planners and Estate Planning attorneys serve the same population. \xa0
Don\u2019t call Michelle the day you retire.\xa0 Call her years in advance to develop a strategy!\xa0 A strategic plan includes the patient\u2019s long-term health in 4 key areas: purpose, activity, prevention, and health information.\xa0
During our interview, Michelle told several success stories, including one about a client who was resistant to even the first 15-minute consultation.\xa0 By the 5th visit, the length of the visit was 60 minutes, and the client looked forward to the discussions.\xa0 Some clients have moved up their retirement because they are excited about how clear they can picture it and how it will be.\xa0 They can\u2019t wait to get started! \xa0
What are some challenges Michelle\u2019s clients face? \xa0
- Licensed professionals find it difficult to walk away from their credentials at retirement.\xa0
- Selling a business and walking away from it can be a big life event for business founders.
- Mental health is fragile for some executives who experience loneliness, despair, and anger when they retire. \xa0
- The suicide rate in the 55-75 age-range is rising.\xa0 That may be preventable.\xa0 More men than women in the 55-75 year-old age group commit suicide. \xa0
- The divorce rate among 55-75 year-olds is also going up.\xa0 When couples talk before retirement about their differences and how they may have grown apart during their working years, it helps plan for the future.
Who does Michelle work with?\xa0 Michelle helps men and women.\xa0 She loves helping couples who plan together.\xa0 Her \u201cwhy\u201d comes from the experience of knowing that skilled executives retire to binge Netflix.\xa0 If Michelle can instead influence them to use their passion, skills, knowledge, and influence for whatever excites them in what comes next, she has exponentially multiplied the impact that enhancing their health can have.
Michelle wrote a book titled, \u201cPreventive Maintenance for a High Mileage Life.\u201d \xa0 It\u2019s about strategically thinking about and managing your mental health, emotional health, spiritual health, and social health.\xa0 You can find it on amazon.com. \xa0
Medipreneurs was co-founded by Sue Paul, RPh; Anna Garrett, PharmD; and Michelle Fritsch, PharmD.\xa0 They helped one another develop their businesses.\xa0 Medipreneurs supports healthcare entrepreneurs who are pursuing their entrepreneurial passions.\xa0
I have been to the 2018, 2019, and 2021 Medipreneurs Summits.\xa0 I loved them all.\xa0 The Founders and Summit participants helped me funnel my business ideas down to one.\xa0 This year (2021), I got the idea for a side business.
Entrepreneurs need coaches.\xa0 Michelle started working with coaches when she worked in academia.\xa0 As she has matured as an entrepreneur, her coaching needs have changed.\xa0 She says, \u201cYou learn as you go.\u201d\xa0 Entrepreneurs are continuous learners.\xa0
A challenge Michelle faces is that she can only help so many people one-on-one. 15,000 people turn 65 every day.\xa0 There is a market filled with people who need to plan for the future! \xa0
What\u2019s next for Michelle?\xa0 PROPEL Comprehensive Wellness!\xa0 Retirement Wellness Solutions has a one-on-one business model.\xa0 Propel Comprehensive Wellness will be a \u201cone-to-many\u201d business model.\xa0 Michelle\u2019s friend is an Aging Life Care Manager. She and Michelle created PROPEL Comprehensive Wellness together.\xa0 Videos and workbooks will be launched in the next few months.\xa0 PROPEL stands for Powerful Retirement Options for a Purpose-filled, Engaged Life.\xa0 As of October 2021, Propel is not on the market yet. \xa0
Thank you for listening to The Pharmacist\u2019s Voice \xae Podcast Episode 121!
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