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In this conversation, Chris Massey, an interventional pain management specialist, shares insights into his medical career journey and the importance of balancing professional growth with financial success. He discusses the challenges of delayed gratification in the medical field, the value of learning from financial blogs, and his exploration of real estate investments. Chris emphasizes the significance of mindset shifts in financial planning and defines his vision of happiness and future goals, focusing on family and personal fulfillment.

Takeaways

• The first thing that you need to do is to hone your craft.
• Delayed gratification is something that is kind of ingrained into the physician's lifestyle.
• The magic of compounding is key to financial success.
• I want to give my children everything that I possibly can.
• Happiness is a decision.
• You try to be healthy, you exercise, you eat well, you feel better.
• Content, but not complacent.
• I need to make sure that I have a safety net just in case something happens.
• There are a lot of little pieces that you just dropped there that sometimes go unsaid.

Important Links
LinkedIn: https://www.linkedin.com/in/chrismasseymd/
Instagram: https://www.instagram.com/chrismasseymd/

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In this conversation, Dr. Brook Choulet shares her journey into sports psychiatry, discussing the importance of mental performance in athletics and the mindset required for success. She emphasizes the significance of resilience, goal setting, and defining personal success, while also addressing the financial aspects of being a physician and the impact of childhood experiences on money mindset. Dr. Brook offers valuable insights for physicians looking to explore non-traditional career paths and highlights the importance of self-awareness and passion in achieving professional fulfillment.

Takeaways

• Dr. Brook started her practice while in fellowship, showcasing her entrepreneurial spirit.
• Mental performance is crucial in sports, with significant overlap between psychiatry and performance coaching.
• Resilience and grit are essential for success in any field.
• Living below one's means is vital for financial independence and flexibility.
• Defining personal success is key to achieving fulfillment in life and work.
• Setting both big goals and small, actionable steps can lead to greater satisfaction.
• Childhood experiences significantly shape one's perspective on money and success.
• Physicians should consider diversifying their income streams beyond clinical work.
• Self-awareness is critical for understanding one's strengths and weaknesses in business.
• Celebrating small wins is important for maintaining motivation and positivity.

Important Links
LinkedIn: https://www.linkedin.com/in/brook-choulet/
Website: https://www.brookchouletmd.com/
Instagram: https://www.instagram.com/brookchouletmd

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In this conversation, Snehal Sonawane shares her inspiring journey from a small town in India to becoming a leader in digital pathology and AI in the United States. She discusses her experiences in medicine, the importance of financial independence, and her interest in real estate investing. Snehal emphasizes the need for physicians to start thinking about their financial future and offers practical advice on saving and investing. The conversation also touches on the intersection of her medical career and her passion for real estate, as well as her efforts to provide resources for others in the field of digital pathology.

Takeaways

• Snehal's journey from India to the U.S. was unexpected but fulfilling.
• Her father's dedication to patient care inspired her medical career.
• Financial independence became a focus after starting her private practice.
• Physicians often lack formal education in financial management.
• Real estate investing offers passive income opportunities.
• Starting small in investments can lead to greater financial stability.
• Surrounding oneself with knowledgeable people is crucial for success.
• Taking calculated risks can lead to growth and opportunities.
• Digital pathology is rapidly evolving and offers many benefits.
• Creating resources for others in digital pathology is a passion project for Snehal.

Important Links:
LinkedIn: https://www.linkedin.com/in/snehalsonawanemd/
Instagram: https://www.instagram.com/snehal_shinde2000/

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In this conversation, Chris Long shares his journey from being a carpenter in Canada to creating Long Yards, a unique storage solution for contractors. He discusses the challenges of finding secure storage space, the innovative partnership model he has developed, and the lessons learned from expanding his business internationally. Chris emphasizes the importance of education in commercial real estate and offers advice for aspiring investors looking to enter the storage industry.

Takeaways

• Chris Long transitioned from construction to creating Long Yards.
• The storage solution addresses a significant gap in the market.
• Contractor yards require minimal utilities, primarily just power.
• The business model is adaptable to various land shapes and sizes.
• Partnerships are crucial for scaling the business effectively.
• Navigating commercial real estate can be challenging for new partners.
• International expansion presents unique challenges and learning opportunities.
• Education is key for potential investors in the storage industry.
• The future of storage yards looks promising with increasing institutional interest.
• Investors should always conduct their own due diligence.

Important Links
LinkedIn: https://www.linkedin.com/in/chris-long-152b3988
Instagram: https://www.instagram.com/longyardsstorage/
Website: https://longyards.com/

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In this conversation, Dr. Mitra Sadhu discusses her journey as a nephrologist in private practice, the challenges faced in the healthcare industry, and her innovative approach to managing overhead costs. She shares insights on the importance of virtual assistants in healthcare, her new venture LinkMedicalSpaces.com, and how it aims to optimize the use of medical office space. The discussion emphasizes the need for physicians to adapt to changing landscapes while maintaining a focus on patient care and personal well-being.

Takeaways

• Gratitude for physicians is essential in the healthcare community.
• The cost of doing business in healthcare is rising, impacting private practices.
• Keeping overhead low is crucial for survival in private practice.
• Virtual assistants can significantly alleviate administrative burdens for physicians.
• LinkMedicalSpaces connects healthcare professionals with available office space.
• Unused office space can be monetized to create additional revenue streams.
• Physicians often learn about financial tools and business practices after training.
• Balancing work and personal life is vital to prevent burnout.
• Continuous learning is important for both personal and professional growth.
• Focus on progress that aligns with personal values.

Important Links:
LinkedIn: https://www.linkedin.com/in/sanghamitra-sadhu-md-470a02153/
Instagram: https://www.instagram.com/linkmedicalspaces/
Website: https://www.linkmedicalspaces.com/

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Dr. Jack Bulat shares his journey as a new physician specializing in anesthesiology and pain management. He discusses the challenges of transitioning from training to practice, the importance of financial planning, and the considerations of investing in real estate. Dr. Bulat emphasizes the need to align financial decisions with personal values and the significance of learning from peers and advisors in navigating his early career and financial landscape.

Takeaways

• Dr. Bulat is early in his medical career, having just completed training.
• He emphasizes the importance of continuous learning and growth in his practice.
• Financial planning is crucial for new physicians facing student debt.
• Outsourcing financial management to advisors can be beneficial.
• Real estate is a potential investment avenue for wealth building.
• Aligning investments with personal values is essential for long-term satisfaction.
• Networking with peers can provide valuable insights into financial decisions.
• Understanding different financial advisor models is important for making informed choices.
• Living in a high-cost area presents unique challenges for investment.
• Celebrating milestones, like achieving a net worth of zero, is important.

Important Links
Linkedin: https://www.linkedin.com/in/dr-jack-bulat/
Instagram: https://www.instagram.com/jack.bulat/
Web: https://www.vipmedicalgroup.com/doctor/dr-jack-bulat/

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In this conversation, Leon Adelman shares his journey as an emergency physician and entrepreneur, detailing the creation of Ivy Clinicians, a platform designed to bring transparency to the emergency medicine job market. He discusses the importance of data access for physicians, the disparities in pay within the field, and the entrepreneurial challenges he faced while building a software company. The conversation also touches on the significance of partnerships, equity in startups, and the balance between medical practice and investment opportunities, particularly in real estate. Leon emphasizes the inevitability of failure in any entrepreneurial journey and the importance of learning from those experiences.

Takeaways

• Leon Adelman is an emergency physician and entrepreneur.
• Ivy Clinicians was created to solve job market transparency issues.
• The job market for emergency medicine lacks transparency.
• Zillow serves as a model for transparency in job markets.
• Physicians often face pay disparities due to a lack of information.
• Building a software company requires a strong team and trust.
• Equity is crucial for attracting young talent in startups.
• Investing in real estate requires expertise or a good agent.
• Failure is a normal part of the entrepreneurial journey.
• Learning from failures can lead to future success

Important Links
Linkedin: https://www.linkedin.com/in/leoncadelmanmd/
Instagram: https://www.instagram.com/tarhealer08/
Website: https://emworkforce.substack.com/

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In this conversation, Anne-Michelle Wand shares her journey from being a single mom to becoming a successful international real estate investor. She discusses her experiences in Panama, the benefits of passive real estate investing, and the importance of mindset in achieving success. The conversation also covers the challenges and advantages of investing internationally, particularly in the context of retirement communities and the evolving market needs.

Takeaways

• The catalyst for Anne's investment journey was her divorce and becoming a single mom.
• Anne's love for warm beaches led her to explore international real estate opportunities.
• Real estate has been a long-term business for Anne, providing both active and passive income.
• Passive real estate investing allows investors to earn income without managing properties themselves.
• There is a growing demand for over 55 communities in Panama, presenting investment opportunities.
• Investing internationally offers diversification and potential tax benefits.
• Understanding the local market is crucial for successful international investments.
• Mindset plays a significant role in investment success, with a focus on positive belief systems.
• Successful investors often have a morning routine that prioritizes self-care and health.
• Networking and building relationships are essential for finding investment opportunities.

Important Links
LinkedIn: https://www.linkedin.com/in/cr8grtsuccess/
Instagram: https://www.instagram.com/passiveprofitpartners/
Website: https://www.passive-profit-partners.com/?