We’ve Come a Long Way – Episode 421

This week, John features the best courses and memberships for physicians wishing to diversify their incomes, start a side hustle, or find a coach. 

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When he started the podcast eight years ago, besides coaching via telephone, virtually no educational resources existed to help physicians transition to nonclinical careers.

John shares his personal experience with career transitions and highlights the high-quality programs now available from physician experts. These programs offer faster, more reliable paths than trial and error.


Our Episode Sponsor

If you’re a physician with at least 5 years of experience looking for a flexible, nonclinical, part-time medical-legal consulting role…

…Dr. Armin Feldman’s Medical Legal Coaching program will guarantee to add $100K in additional income within 12 months without doing any expert witness work. Any doctor in any specialty can do this work. And if you don’t reach that number, he’ll work with you for free until you do, guaranteed.

How can he make such a bold claim? It’s simple, he gets results… 

  • Dr. David exceeded his clinical income without sacrificing time in his full-time position.

  • Dr. Anke retired from her practice while generating the same monthly consulting income. 

  • And Dr. Elliott added meaningful consulting work without lowering his clinical income or job satisfaction.

So, if you’re a physician with 5+ years of experience and you want to find out exactly how to add $100K in additional consulting income in just 12 months, go to arminfeldman.com.


Our Sponsor

We’re proud to have the University of Tennessee Physician Executive MBA Program, offered by the Haslam College of Business, as the sponsor of this podcast.

The UT PEMBA is the longest-running and most highly respected physician-only MBA in the country. It has over 900 graduates. And, the program only takes one year to complete. 

By joining the UT Physician Executive MBA, you will develop the business and management skills you need to find a career you love. To learn more, contact Dr. Kate Atchley’s office at (865) 974-6526 or go to jurica.buzzmybrandtoday.com/physicianmba.


For Podcast Listeners

  • John hosts a short weekly Q&A session on topics related to physicians’ careers and leadership. Each discussion is posted for you to review and apply. Sometimes, all it takes is one insight to take you to the next level of your career. Check out the Weekly Q&A and join us for only $5.00 monthly.
  • If you want access to dozens of lessons dedicated to nonclinical and unconventional clinical careers, you should join the Nonclinical Career Academy MemberClub. For a small monthly fee, you can access the Weekly Q&A Sessions AND as many lessons and courses as you wish. Click the link to check it out, and use the Coupon CodeFIRSTMONTHFIVE” to get your first month for only $5.00.

Proven Courses for Career Transition Skills

Dr. Dike Dummond was one of the earliest to offer coaching and group education to overcome burnout, promote leadership, and improve efficency. He has personally trained over 40,000 physicians through his programs at The Happy MD. Dr. Mike Woo-Ming offers the PhysicianCoaches platform to connect seeking physicians with qualifed physician coaches. And Emma Nichols PhD offers free and paid versions of the 6 Week Course to teach physicians to become medical writers, build a manuscript portfolio, and find their first job as a freelance medical writer.

Another well known coach is Dr. Heather Fork. In addition to coaching, her Resumé Kit* helps physicians convert their CVs into effective resumés for nonclinical positions. Her LinkedIn for Physicians* course teaches profile optimization, networking strategies, and effective job search tactics. These courses address fundamental skills gaps that prevent physicians from successfully transitioning to nonclinical roles. 

Dr. Gretchen Green’s Expert Witness Startup School* provides comprehensive training for developing a lucrative consulting business (current class enrollment closing September 15th). Expert witness work can generate $500-1200 per hour, making it an ideal side hustle that can eventually replace clinical income while requiring minimal startup costs.

Real Estate and Alternative Investment Education

Drs. Leti Alto’s and Kenji Asakuro’s Zero to Freedom* course teaches cash-flowing rental property investment, while the RAL Room Mastermind* focuses on residential assisted living facilities. I personally invested in a real estate syndication opportunity discovered through the RAL Room membership.

Residential assisted living combines real estate ownership with business operations, potentially replacing physician income with a single 16-bed facility. The model aligns with physician expertise in senior care while addressing the growing demand from aging baby boomers over the next 20 years.

SUMMARY

Multiple proven educational programs now exist for physicians seeking income diversification, from Dr. Mike Woo-Ming’s Physician Coaches directory to Dr. Emma Nichols’ free medical writing course at 6weekcourse.com. These resources represent years of experience distilled into actionable training programs.

The key is choosing programs created by physicians who have successfully implemented these strategies themselves. Links to all mentioned courses can be found in the show notes below, with enrollment deadlines and affiliate relationships clearly disclosed for transparency.


Links for today’s episode:


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*Disclaimers:

Many of the links that I refer you to, and that you’ll find in the show notes, are affiliate links. That means that I receive a payment from the seller if you purchase the affiliate item using my link. Doing so has no effect on the price you are charged. And I only promote products and services that I believe are of high quality and will be useful to you, that I have personally used or am very familiar with.

The opinions expressed here are mine and my guest’s. While the information provided on the podcast is true and accurate to the best of my knowledge, there is no express or implied guarantee that using the methods discussed here will lead to success in your career, life, or business.

The information presented on this blog and related podcast is for entertainment and/or informational purposes only. It should not be construed as medical, legal, tax, or emotional advice. If you take action on the information provided on the blog or podcast, it is at your own risk. Always consult an attorney, accountant, career counselor, or other professional before making any major decisions about your career.