The Physician Philosopher Podcast

Physician Side Gigs with Dr. Peter Kim

My good friend, Peter Kim, from Passive Income MD is a serial entrepreneur, physician in anesthesiology, and a great friend and family man. Sharing my enthusiasm for physician finance strategies that prioritize freedom, Peter is also a bit of a side-gig guru.

Larry Keller

Conversations with Peter are always fun, especially when we get to talk about different approaches to financial freedom. Over the years, Peter has conducted extensive trial and error research and fine-tuned the art of the physician side hustle. I can’t wait for you to absorb the knowledge and wisdom he was willing to share with The Physician Philosopher community.

Physician Finance: From feeling trapped to creating freedom

It all started when Peter hit a wall after two years as an attending physician. The arrival fallacy he’d bought into since medical school told him he’d be set for life as an attending. But once it arrived, it didn’t pan out that way. As a result, he was forced to think differently about medicine.

Peter reimagined the way he would spend his time and who he let control what he did with his time. He started talking to physicians who led full, fulfilling lives and figured out that the common denominator was they’d created income outside medicine. When they got to practice medicine because they wanted to and not because they had to, the game changed.

Unlinking your money from your time

For Peter, the key to creating the life he wanted was disconnecting his money from his time. When your time is valued a certain amount (that usually other people dictate), you have to invest large amounts of your time to get a significant return. But if your time is the most precious thing to you, you can only put in so much before you’re tapped out. That’s where passive income and side gigs for physician finance come in.

Remember this: the ability to practice medicine because you want to and not because you have to is one part mindset, and one part financial independence.  

You’ll Learn:

  • How to identify your ultimate side gig goals and expectations 
  • Whether it’s worth your time and effort to create another stream of income
  • The defining characteristics of hobbies versus jobs
  • Exactly where to start as a physician who wants a side hustle
  • The importance of building and maintaining community as a physician entrepreneur

Subscribe and Share

If you love the show – and want to provide a 5-star review – please go to your podcast player of choice and subscribe, share, and leave a review to help other listeners find The Physician Philosopher Podcast, too!






Submit a Comment

Your email address will not be published. Required fields are marked *

You might also be interested in…

The Arrival Fallacy

The Arrival Fallacy

We all have ideas of what happiness looks like. We say things like, “when ___ happens, I’ll be happy.“ This is called the Arrival Fallacy. Today we’re going to talk about to find true happiness.

5 Steps to Lose Weight with Dr. Ali Novitsky

5 Steps to Lose Weight with Dr. Ali Novitsky

Have you ever wanted to lose weight (or get a six-pack) but it always felt too hard to get it done?

As a life coach for women physicians, Dr. Ali Novitsky shares her insight and expertise to show us how to achieve optimal health with simple strategies backed by science.

Creating Healthy Boundaries with Technology

Creating Healthy Boundaries with Technology

Business culture indoctrination often means we find ourselves believing we need to hustle 24/7 to get results, but it doesn’t have to be that way.What’s really important about today’s episode is understanding how we can use technology not to worsen our constant availability – which can lead to burnout – but instead how to use that technology to set boundaries.

Are you ready to live a life you love?