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What Is the Best Way to Generate Income and Create Wealth?

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Manage episode 381520868 series 1755425
Content provided by John Jurica, MD, MPH, and CPE. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by John Jurica, MD, MPH, and CPE or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

In this week’s show, John answers this question: what is the best way to generate income and create wealth? It’s an important question. Clinicians sometimes limit their options when addressing their dissatisfaction with the stress and burnout of working in the current healthcare system.

The most obvious choice is to find employment in a nonclinical position that is less stressful. It’s a valid option that usually solves the burnout problem with a career that pays well and improves work-life balance.

But an often more life-changing answer is to pause and answer this question: how can I generate income and create generational wealth as part of my transition away from day-to-day patient care?

One of the answers John provides is to become a business owner. However, successful business ownership can be a high-stakes endeavor that takes more time than a simple career pivot and requires sizable cash investment. So, John explains how to reduce both the risk and the timetable for becoming a business owner in today’s presentation.

You will find all of the links mentioned in the episode at nonclinicalphysicians.com/generate-income-and-create-wealth/

===============

You can support this podcast by making a small monthly or annual donation. To learn more, go to nonclinicalphysicians.com/donate

You can now join the most comprehensive Community for all clinicians looking for a nontraditional career at NewScr!pt.

Get an updated edition of the FREE GUIDE to 10 Nonclinical Careers at nonclinicalphysicians.com/freeguide.

Get a list of 70 nontraditional jobs at nonclinicalphysicians.com/70jobs.

  continue reading

362 episodes

Artwork
iconShare
 
Manage episode 381520868 series 1755425
Content provided by John Jurica, MD, MPH, and CPE. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by John Jurica, MD, MPH, and CPE or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

In this week’s show, John answers this question: what is the best way to generate income and create wealth? It’s an important question. Clinicians sometimes limit their options when addressing their dissatisfaction with the stress and burnout of working in the current healthcare system.

The most obvious choice is to find employment in a nonclinical position that is less stressful. It’s a valid option that usually solves the burnout problem with a career that pays well and improves work-life balance.

But an often more life-changing answer is to pause and answer this question: how can I generate income and create generational wealth as part of my transition away from day-to-day patient care?

One of the answers John provides is to become a business owner. However, successful business ownership can be a high-stakes endeavor that takes more time than a simple career pivot and requires sizable cash investment. So, John explains how to reduce both the risk and the timetable for becoming a business owner in today’s presentation.

You will find all of the links mentioned in the episode at nonclinicalphysicians.com/generate-income-and-create-wealth/

===============

You can support this podcast by making a small monthly or annual donation. To learn more, go to nonclinicalphysicians.com/donate

You can now join the most comprehensive Community for all clinicians looking for a nontraditional career at NewScr!pt.

Get an updated edition of the FREE GUIDE to 10 Nonclinical Careers at nonclinicalphysicians.com/freeguide.

Get a list of 70 nontraditional jobs at nonclinicalphysicians.com/70jobs.

  continue reading

362 episodes

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