When I retired, one of the dreads I faced was the need to pay quarterly taxes. After I retired from my medical practice and was a locum tenens doctor working through my private corporation receiving a 1099 each year, I had to file quarterly payroll taxes, even though I had no employees. I do understand … Read more
Many physicians wonder if having a coach will better their lives. Some are hurting and want to recover. Others are at the end of their rope and are seeking a way out of their career. Still others just want to be their best self. I have read debates on the value of physician coaching. Through … Read more
(Today’s guest post come from Aaron Smith who works with 1Heart Franchise, providing senior care services. This is especially important for my coaching clients who wish to venture out and start their own private medical practice.) If you’re considering starting a business — opening up a private practice, starting your first law firm, or venturing … Read more
An important aspect of productivity is the concept “Do It Now.” When one concludes that a particular thing should be done, the most cost-effective way to get it done is to do it now. But we often do not follow this ideal. Instead we procrastinate until not doing it becomes more painful than doing it. … Read more
Recently I have been itching to dip my hand back into life at the hospital. It all started when I attended the annual meeting of the hospital foundation, of which I am a past member. I saw all the fantastic things that have happened in the seven years since I last set foot in the … Read more
A few weeks ago I published an article titled Many Physicians Waste Their Vacation Time. It is the preface to today’s article, so if you haven’t read it, click on the link to do so before continuing with this article. One physician wrote me, in response to the above article, expressing the issues they faced … Read more
Last summer, at a time when I was having trouble sleeping, a friend told me how he used his sleep monitoring smart watch to discover the things he did that both helped and hurt his sleep activity. My conversation with him combined with watching my son use his new smart watch to control his phone … Read more
(My wife and I will soon be enjoying our timeshare on a three week snow birding vacation in the Texas cities of San Antonio, Austin, and Galveston. If you live in or near any of these cities (Houston?) and would like to join us for a meet up, contact me, we’d love to meet you. … Read more
This is the time of year when most residents in their final year of training begin searching for their first attending job. Getting this move right the first time is a huge happiness/stress/financial blessing. Many physicians just starting out don’t do a good job of choosing their first attending job. They tend to grab the … Read more
Unfortunately, in recent years physicians have been migrating towards being employees rather than owning their practices. A few decades ago this would have sounded silly. Today’s residents are being advised by their teaching staff that being an employed physician is preferred. What is driving this movement? Are physicians getting lazy? To many teaching staff who … Read more
