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Welcome to the blog!
A repository of articles about things doctors didn't learn in medical school, covering side gigs, finances, the business of medicine, life in medicine, and more. These resources are intended to take a deeper dive into specific topics referenced in our educational pages.
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What is Angel Investing?
What to know about pros, cons, & risks of angel investing in startups, how physicians can find and vet opportunities, & tips to get started
Owning a Med Spa as a Physician Side or Main Gig - Pros and Cons and How to Get Started
Pros and cons of owning a med spa for physicians interested in aesthetics as a side or a main gig, market competition, & how to get started.
Mortgages for Locums or 1099 Physicians
Getting a mortgage as a locums or 1099 physician without a 2 year track record can be challenging, but not impossible.
Solo 401k vs Sep IRA: How Self-Employed and 1099 Physicians Should Decide
Pros and cons of choosing a SEP IRA vs solo 401k for physicians with self-employed income, including contribution limits and tax advantages.
Renting Out Your Car, Swimming Pool, or Other Property as a Side Gig: What Doctors Should Know
Pros and cons of renting out your property for extra income as a physician, including cars, swimming pools, & more, including liability.
Medical Surveys: Which Physician Specialties Get the Most Opportunities?
Which physician specialties get the most medical survey opportunities, why, & how to increase odds of getting more market research studies
Is There Such a Thing As Passive Income, and What Sources Exist?
The reality of passive income, what sources come closest to providing it for physicians, & how to make side gig money come easier over time.
Hourly Consulting Rates for Physicians by Specialty and How Much to Charge
Statistics on what physicians consider a minimum consulting hourly rate by specialty, & how to determine your rate based on the opportunity
Doing Disability Exams, Chart Reviews, or IMEs as a Physician Side Gig: Pros and Cons
Ways doctors can get involved with disability exams, chart reviews, and IMEs as a side gig, with pros and cons, pay, insurance, & companies.
Should I Have My LLC Taxed as an S Corp?
Advantages and disadvantages to having an LLC taxed as an S Corp, which doctors benefit from the election, and tax savings via payroll & QBI
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