S3, Episode 18- Heidi Moawad- Careers Beyond Clinical Medicine

May 26, 2017

Welcome back to our monthly fireside chat with a physician to get to know their journey, their joys, and their struggles with finances and outside of finances.

This show is not always about actionable content. It is however a chance for you to see behind the curtains, to walk in another person’s shoes and experience their lives.

Our next guest is a neurologist and is a graduate of Case Western Reserve University School of Medicine, and completed neurology residency training at The University of Chicago Hospital.

She is an adjunct professor at John Carroll University in Cleveland, OH, and is a featured medical writer for a number of websites, including nonclinicaldoctors.com, Verywell.com, Neurology Times, and Physician Money Digest. Dr. Moawad is the author of Careers Beyond Clinical Medicine, an Oxford University Press publication

I can’t wait to hear about her journey!

Please help me welcome Dr. Heidi Moawad.

In this podcast, you will...

  • Why she became a physician (Hint: It's a family thing)
  • Discover what inspired her to write a book about the life beyond clinical medicine
  • Learn how being in an immigrant family influenced her perception of money
  • What is the advice she would give to her younger self (Hint: this has to do with her decision with what happened right after residency)
  • Discover the costly mistake with negotiation and tail insurance that she made
  • Why she doesn't think of medicine as an honest profession even though she wants it to be
  • Learn what financial freedom means to her
  • How she got started in her writing career and started to get paid

 

Resources Mentioned In This Podcast

Careers Beyond Clinical Medicine Book

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Non-Clinical Doctors Website

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[Throwback] S1, Episode 7- Danielle Ofri, MD- Critical Thoughts on Cost Reduction for Medicine and How to Become a Physician-Writer- [DanielleOfri.com]

May 19, 2017

This podcast features an interview with Dr. Danielle Ofri, MD.

I’ve been working on networking with other authors and experts who can speak to the issues that physicians face every day.

For example, what can we do to make primary care more attractive? How can we lower the debt load that many medical students face?

That’s why I thought I’d bring a special guest to the podcast, Dr. Danielle Ofri, MD, PhD.

Dr. Ofri is a physician at Bellevue Hospital, the oldest public hospital in country. She writes about medicine and the doctor-patient connection for the New York Times, and other publications. Her lectures to medical and general audiences are renowned for her use of dramatic stories (and avoidance of PowerPoint).

This interview reveals the following:

–  Learn about the amazing path of a combined PhD & MD program (& why Dr. Ofri decided to focus on one of these paths)

– Check out her views on the waste within the healthcare system & the one idea that could save our healthcare system billions of dollars!

– Her secrets of engaging articles & blogs & what kind of opportunities to look for

– Her key advice on how to become an awesome writer and what she did before she ever wrote a book

For the show notes, a full transcript, and tons of free resources, visit the podcast webpage at:

http://doctorfreedompodcast.com/dr-danielle-ofri-md-critical-thoughts-on-cost-reduction-for-medicine-and-how-to-become-a-physician-writer/

 

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[Throwback] S1, Episode 6- Dr. Pamela Wible, MD- How to Break Free of the Machine [IdealMedicalCare.org]

May 12, 2017

In this best of throwback episode, we explore one of my very first [and best] podcast interviews in 2015. 

For the show notes, loads of resources, and tons of free stuff, visit the podcast website at www.doctorfreedompodcast.com

Back in 2015, I was working on networking with other authors and experts who can speak to the issues that physicians face every day.

For example, what can physicians do to become financially free and truly enjoy their job? How can they look forward to going to work every day? 

That’s why I thought I’d bring a special guest to the podcast, Dr. Pamela Wible.

Pamela Wible, MD, is a family physician and pioneer in the ideal medical care movement. In 2004, Dr. Wible left assembly-line medicine and held town hall meetings where she invited citizens to design their own ideal clinic. Open since 2005,  Dr. Wible’s innovative practice has inspired physicians to create ideal clinics nationwide.

This interview reveals the following:

– How she started up & maintains a simple, yet highly profitable (90%!) margin practice

– The secrets to systematizing & automating a practice (Including revealing the billing tool she uses)

– What critical skills doctors miss in their training (Hint: they do this every day)

– How much money doctors should spend on advertising when they own their own practice

– When physicians should go to counseling to maintain their sanity & inner peace (and who they shouldn’t go to)

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S3, Episode 17- Tools of The Titans- A Review

May 5, 2017

Every so often, I like to let you know about an interesting, helpful book I read. The most recent one is a 650 page behemoth focused on health, wealth, and wisdom.

I pounded all the way through it- read every single page- all 650 of them.

It features all-stars, movie stars, billionaires, millionaires, and a whole bunch of other people I never heard of.

There are some things I really didn't like, but there are also some super awesome pearls of wisdom.

It is written by none other than Tim Ferriss.

Find out what I said in the podcast.

In this podcast, you will...

  • Discover the section of the book that I really didn't like and thought was kind of weird
  • How I was challenged in one area of my health (Hint: This doesn't involve food or exercise)
  • Learn about the mindset tools that I am personally using and some others that I will use in the future, including a meditation podcast that I listen to regularly
  • Discover the 'Jar of Awesome' and how I want to use it for my family & I
  • Learn what my two favorite interviews were within the book and what I gained out of them

Resources Mentioned In This Podcast

The 4 Hour Work Week

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The 4 Hour Body

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Tim Ferriss' Podcast

Tools of the Titans

Headspace App

Sam Harris' Guided Meditation

Tara Brach Guided Meditation

Meditation Minis with Chel Hamilton

Tim Ferriss Interview with Arnold Schwarzenegger

Tim Ferriss Interview with Tony Robbins

Tony Robbins Podcast

Jim Dahle's White Coat Investor Blog

Damion Lupo- Get Dirty

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S3, Episode 16- Are You Batman or Superman?

May 2, 2017

Whether you are dark and brooding or you are a scion of justice with a S on your chest, I would put most physicians into one of two categories.

Either… you are a Superman or Batman.

What do I mean by that?

Certainly, there are Wonder Women and Green Lanterns. I know our Marvel Fans are hating me right now because of course there are grizzled Wolverines, weather changing Storms, powerful Captain Marvels, high flying Tony Starks, righteous Captain Americas, and your friendly neighborhood Spidermen.

However, for the purpose of this discussion- humor me here- as a physician either you are Superman or Batman.

Let me explain more.

In this podcast, you will...

  • Discover Why I think Every Physician Is Either a Batman or a Superman
  • How The Role of Money Shaped Superheroes and May Shape You As Well
  • Learn the 3 Books that All Superman Physicians Should Read
  • Why Superman Physicians May Have a Kryptonite. Learn What It Is.
  • Discover The Awesome Resources That I Recommend for Batman Physicians

Resources Mentioned In This Podcast

The 4 Hour Workweek by Tim Ferriss

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The Millionaire Mind by Thomas Stanley

I Will Teach You to Be Rich by Ramit Sethi

Docs Outside the Box with Nii Darko (favorite episode- all of them!)

The Tony Robbins Podcast (the 2 part interview with John Wooden is amazing!)

The 21 Irrefutable Laws of Leadership by John Maxwell

Stop Physician Burnout by Dike Drummond

Thinking, Fast and Slow by Daniel Kahnemann

What Great Bosses Know Podcast

Planet Money Podcast

For all the show notes, transcription, and more, check out the podcast website at www.doctorfreedompodcast.com

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S3, Episode 15- [Physician Fireside Chat] Marion Mass- Part 2- Raging Against The Machine

April 28, 2017

Welcome back to part 2 of The Physician Fireside Chat with Dr. Marion Mass!

In part two of this podcast, you will discover...

  • How the Practicing Physicians of America was formed
  • Learn about why a tragic experience with her mom caused her to question the system
  • Hear how I challenge Marion on working to change the system
  • Discover her perspective on the AMA & the conflicts of interest she found
  • How the PPA is trying to change recertification

Resources Mentioned In This Podcast

Marion's Profile on LinkedIn

E-Mail: marion@practicingphysician.org

Practicing Physicians of America's Webpage

Facebook Page: Practicing Physicians of America

Open Secret's Website- Tracking the Political Contributions

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S3, Episode 14- [Physician Fireside Chat]- Dr. Marion Mass- Part One- 3 Reasons Why Family & Medicine Mix (and also Cow Manure)

April 25, 2017

My name is Dave Denniston, your host. Welcome back to the latest episode of The Freedom Formula for Physicians Podcast.
Welcome back to our monthly fireside chat with a physician to get to know their journey, their joys, and their struggles with finances and outside of finances.

This show is not always about actionable content. It is however a chance for you to see behind the curtains, to walk in another person’s shoes and experience their lives.

Our next guest is a physician and is more involved in advocacy for physicians and about 1,000 other activities more so than any other person I’ve ever seen.

To give you a small sample- she is a pediatrician at the children’s hospital of Philadelphia, she is a board member of physicians working together, she is on the editorial board of the Doylestown Intelligencier, and she is the co-founder and executive VP of The Practicing Physicians of America.

I can’t wait to hear about her journey!

Please help me welcome Dr. Marion Mass.

In this part one of this podcast, you will discover...

  • Why a 'farm girl' raised around Mennonites believes that manure shoveling helps you in life
  • Where she believes common sense can come from & how it applies to parents
  • How slaughtering pigs and a female doctor influenced her to enter into medicine
  • Discover how she lived on $9,000 a year and saved $2,000 a year during medical school
  • Learn about the emotional moment she changed directions in her medical career & abandoned her fellowship
  • Discover her time hacks to save money and spend time with the family

 

Resources Mentioned In This Podcast

Marion's Profile on LinkedIn

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S3, Episode 13- Damion Lupo- Get Dirty [Total Control Financial & Black Belt Wealth]

April 21, 2017

As various folks follow Robert Kiyosaki and the rich dad, poor dad books and seminars, many folks become interested in investing in things outside of the norm.

So, we’re going to spend some time digging into that.

Our next guest is a lifelong entrepreneur. He started his first business at age 11! Now he is the owner of an 8 figure real estate empire, multiple black belter, and sought after financial consultant.

What is interesting about him is that he built a 5 million dollar Net Worth in his 20's, lost it, and I am told has almost completely rebuilt his wealth in the last 12 months!

He particularly enjoys sharing the lessons he learned- and the things he wishes someone had told him before he got started.

Please help me welcome Damion Lupo of Total Control Financial.

In this podcast, you will…

  • Discover how this business owner went from broke to rich to broke to rich again
  • How his first business venture as a kid set him up for real estate (Hint: It has to do with video games)
  • Learn about the difference between wholesale and retail and how it impacts the way you buy and sell real estate
  • Discover how he used owner financing when he was broke to find his first real estate investment (This is really interesting, he helped bail out someone who was about to be foreclosed on)
  • How his leverage and impatience and lifestyle killed his net worth
  • Learn the lesson he discovered about the circle of people around him & how it effected his wealth
  • Join us in an interesting conversation of when you should use leverage and when you should get rid of the leverage
  • How his mission incorporates into his definition of financial freedom and how he is tracking it

Resources Mentioned In This Podcast

Rich Dad, Poor Dad by Robert Kiyosaki

Get A Free Copy of Damion's Book by Clicking here: www.totalcontrolfinancial.com/dave

Linked In- Damion Lupo

Black Belt Wealth Podcast

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S3, Episode 12- What I Learned from My Mistakes

March 17, 2017

I'm at this point where I'm hungry for more. I'm not satisfied with where I am not. I want to get to financial freedom even quicker than my current pace.

However, the last time I felt this kind of hunger- I made a huge mistake.

It was my $1,000,000 mistake.

Here we are with the economy humming- real estate has bounced back- and I'm sure that there are opportunities available out there.

I wasn't sure of what I wanted to do, until recently...

Image courtesy of FreeDigitalPhotos.net

In this podcast, you will discover...

  • How I think about the difference between wealth building and wealth creation
  • Learn what I am doing to position myself for wealth creation in 2017
  • Discover how I am setting up the next deal so that I don't make the same mistake twice
  • How I was inspired by my friend Amanda Liu to search and find a way to get a negative interest rate on my next investment

Resources Mentioned In This Podcast

EmpireFlippers.com

DrWiseMoney- How I Paid Off My Student Debt by 30

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S3, Episode 11- My Faith & My Finances

March 10, 2017

How much do you give to others? An even better question might be- how much should you give to others?

Should we stay focused solely on our retirement? Should we pay for our kids education?

These are tough questions my friends.

 

We are each brought up differently with an assortment of values and certainly these values guide and direct our thoughts.

This is through the lens of my world view. I’m going to get raw and real about what happens in our house.

Many folks say that you shouldn't talk about politics or religion. You know what? Forget that!

This topic is very, very important and it is worth a discussion because it does impact our finances.

In this podcast, you will...

  • Learn how I think of giving
  • Discover the commitment that my wife and I have to giving (and the consequences of that decision)
  • Learn about the tension that giving is leading to in our marriage
  • What you should consider when you think of giving
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