FAQ: Should Doctors Get Their Real Estate License?
You might be asking what “being a doctor” has in common with real estate. Or whether, as a doctor, it’s advantageous to have a real estate license. These are two excellent questions that I want to unpack with you in this post. What’s the reality for the average medical student? Nowadays, we graduate with nearly $216,000 […]
The Ultimate List of Side Hustles for Physicians
A growing trend for doctors seems to be getting a side hustle. According to a 2021 Medscape article, nearly four in ten doctors have one. David I. Beran, DO, an emergency physician and writer, says: “I have seen physicians pursue side gigs more and more in recent years. Sometimes they are clinical jobs (like moonlighting), sometimes […]
FAQ: Do Doctors Need an MBA to Go Into Business?
A Master of Business Administration (MBA) takes time, tenacity, and total commitment. While it will open doors to career advancement and garner you a bigger paycheck, there are some obvious questions you’ll want to have answered before you go down that road. Questions like: Do you need an MBA to go into business? How much […]
6 Ways That Business Training Can Benefit Physicians
More and more, we’re seeing a move to value-based care. With a call for increased transparency in healthcare costs, it’s becoming natural for physicians to combine business training with a medical degree. This focus on business training for physicians may be more important now than ever before. With the uncertainty of Medicare for All, the […]
How to Find The Perfect Niche as a Medical Entrepreneur
So, you’re ready to step forward and become a medical entrepreneur? Congratulations! Read on for some practical advice and tips on finding your perfect niche as a medical entrepreneur. We’re all concerned over the problem we face with an overburdened public health care system. One that’s not going to fix itself. We desperately need to […]
Do You Need a Medical Degree to Create a Healthcare Startup?
In today’s post, I’m just going to start with the quick answer. No. Or, yes. Okay, really, yes and no. It’s 2022, and innovation is everywhere. Even digital scales have been reimagined, and that’s just the tip of the iceberg. Everywhere you look, we’re taking another look at how things work and seeing how they […]
How to Spend More Time With Family as a Physician
One of the most common complaints we hear about from doctors is that they never have the time they would like to have with their families. And it’s true. I once heard someone say, “Practicing medicine is like a jealous lover. If you give it a Saturday, it will take Sunday and nights and holidays. […]
10 Discouraging Thoughts That Prevent Doctors From Gaining Independence
This past week I’ve been thinking about the discouraging thoughts that keep us from moving forward towards our goals. And the background soundtrack to my thoughts has been a tweak on a huge 90s hit by the Spice Girls. I know, I know, but the song was everywhere. My earworm version of the lyrics goes, […]
5 Reasons Why Physicians Are Worried About Job Security
Remember when becoming a doctor held out the promise of enjoying a stable financial life with job security? Marcus Welby, MD, aired as a hit tv show in the late 60s to early 70s and was “hailed by the medical profession for its realistic depiction of an MD’s life.” Dr. Welby was an elderly veteran […]
How Many Hours Does The Average Doctor Work Each Week?
The notion of the “self-sacrificing physician” is so common it’s almost a cliche. We all heard about it in medical school, and the general public talked admiringly about it. Unfortunately, working long hours is the rule for most doctors rather than the exception. In June of 2021, Medical Economics presented the 92nd Physician Report. This […]
