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The Doctor's Dilemma with Michael McManus
Manage episode 378866974 series 3332872
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I'm thrilled to share with you some exciting insights from our latest podcast episode. We had the pleasure of hosting Doctor Mike, a part-time urologist, who shared his inspiring journey from being a full-time doctor to working in a more optional capacity.
- The Doctor's Dilemma: Doctor Mike opened up about the burnout many doctors face due to administrative headaches, bureaucracy, and the pressure to maintain a certain lifestyle. He shared his personal experience of feeling caught in the rat race of high earning, which often leads to dissatisfaction.
- A Shift in Perspective: Doctor Mike's journey of personal development led him to hire a coach and reevaluate his lifestyle. He realized that his 60+ hour work week as a surgeon was not aligned with his ideal lifestyle. This realization led him to take control of his future.
- Stepping Out of the Comfort Zone: Doctor Mike shared his experience of learning about real estate and how it was a slow process of overcoming the fear of not knowing what he was doing. Despite initial fears and past failures, he embraced the idea of being bad at something new and learning from it.
- Investing in the Future: Doctor Mike discussed his experience with real estate investments and how it has impacted his career as a doctor. He emphasized the importance of finding the right people to learn from and collaborate with. His investment journey has given him the freedom to scale back on his medical practice.
- Future Goals: Doctor Mike envisions a future where he can spend months each year traveling overseas and support his children's entrepreneurial endeavors. He sets a goal of achieving a $10 million net worth, which would provide financial security and the ability to withstand potential losses without affecting his lifestyle.
I commend Doctor Mike for taking the right steps in his real estate journey, such as hiring a coach and being part of a mastermind group. His story is a testament to the power of stepping out of your comfort zone and taking control of your future.
Next Steps
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