S5, Episode 13- The Transition From Physician to Consultant with Dr. Tom Davis
07/31/20 • 39 min
How do you transition out of medicine? What does that look like?
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 was kind enough to join me to discuss how CovID19 has impacted the medical practices and systems he consults with as well as to discuss lessons learned from decades as a physician.
After hanging out his shingle in a small town on the Pickney Bend of the Missouri River in 1994, our next guest and his partners leveraged one of the country’s first total-risk Medicare Advantage contracts into a regional health system which they eventually sold for $132m. After four years as an employed physician, he transitioned into a second career of helping patients by helping clinicians improve their personal and profession lives.
Please help me welcome Tom Davis MD FAAFP
In this podcast, you will discover...
How Dr. Davis got started in medicine
What the transition was like in hanging in shingle to becoming a multi-physician practice to the acquisition by a hospital system
What Dr. Davis would suggest to physicians today
How he celebrated the big pay day and what he thinks of financial freedom today!
Resources Mentioned in This Podcast
For all the show notes, and more, check out the podcast website at www.doctorfreedompodcast.com
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Investment advice is only offered in jurisdictions where Centurion Financial Strategies, LLC (“Centurion”) is appropriately registered or exempt from registration. Our Form ADV Part 2 brochure can be obtained free of charge at https://adviserinfo.sec.gov by searching for our firm by name or its unique CRD number (316454). This podcast is not a solicitation to provide advisory services in any jurisdiction in which we are not appropriately registered or excluded from registration.
The information, statements, and opinions contained in this podcast have been obtained from or are based upon information obtained from sources which we believe to be reliable, but we do not warrant or guarantee the timeliness or accuracy of any such information. This podcast is intended for informational purposes only and should not be construed as personalized investment, tax, or legal advice. Opinions expressed by any guest are their own opinions and do not necessarily reflect the firm’s views. You should carefully consider your unique financial circumstances and needs prior to making any investment in securities or purchasing any insurance products. Past performance is not indicative of future results. Investing in securities involves the risk of loss.
Insurance products are backed by the financial strength and claims-paying ability of the issuing insurance company and may be subject to restrictions, limitations, and early withdrawal fees which vary by issuer. You should consider the charges, risks, expenses, and investment objectives of any insurance products before entering a contract.
How do you transition out of medicine? What does that look like?
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 was kind enough to join me to discuss how CovID19 has impacted the medical practices and systems he consults with as well as to discuss lessons learned from decades as a physician.
After hanging out his shingle in a small town on the Pickney Bend of the Missouri River in 1994, our next guest and his partners leveraged one of the country’s first total-risk Medicare Advantage contracts into a regional health system which they eventually sold for $132m. After four years as an employed physician, he transitioned into a second career of helping patients by helping clinicians improve their personal and profession lives.
Please help me welcome Tom Davis MD FAAFP
In this podcast, you will discover...
How Dr. Davis got started in medicine
What the transition was like in hanging in shingle to becoming a multi-physician practice to the acquisition by a hospital system
What Dr. Davis would suggest to physicians today
How he celebrated the big pay day and what he thinks of financial freedom today!
Resources Mentioned in This Podcast
For all the show notes, and more, check out the podcast website at www.doctorfreedompodcast.com
----more--------more--------more----
Investment advice is only offered in jurisdictions where Centurion Financial Strategies, LLC (“Centurion”) is appropriately registered or exempt from registration. Our Form ADV Part 2 brochure can be obtained free of charge at https://adviserinfo.sec.gov by searching for our firm by name or its unique CRD number (316454). This podcast is not a solicitation to provide advisory services in any jurisdiction in which we are not appropriately registered or excluded from registration.
The information, statements, and opinions contained in this podcast have been obtained from or are based upon information obtained from sources which we believe to be reliable, but we do not warrant or guarantee the timeliness or accuracy of any such information. This podcast is intended for informational purposes only and should not be construed as personalized investment, tax, or legal advice. Opinions expressed by any guest are their own opinions and do not necessarily reflect the firm’s views. You should carefully consider your unique financial circumstances and needs prior to making any investment in securities or purchasing any insurance products. Past performance is not indicative of future results. Investing in securities involves the risk of loss.
Insurance products are backed by the financial strength and claims-paying ability of the issuing insurance company and may be subject to restrictions, limitations, and early withdrawal fees which vary by issuer. You should consider the charges, risks, expenses, and investment objectives of any insurance products before entering a contract.
Previous Episode
S5, Episode 12- The Guide to Passive Real Estate Investing with Dr Vanessa Peters
How can a super busy physician find the time and energy to invest in real estate?
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 was kind enough to join me to discuss how CovID19 has impacted her medical practice and of course we talk about her journey in real estate!
She has a full-time busy Family Practice in Escondido, California, and serves as the Chief Physician Officer for a physician-owned medical group of 84 providers and 12 locations.
She is passionate about building wealth and having her money work hard for her so she can spend time doing things she loves with the people she loves. After learning about real estate investments such as syndications, she has been passively investing but also founded VMD Investing to help other busy professionals. She enjoys educating and showing them the options available to accredited investors so they are also able to create a passive stream of income and break the time = money equation.
Please help me welcome Dr. Vanessa Peters!
In this podcast, you will discover:
- How her practice has been impacted by CovID19 and what they are doing to shift
- What is and what isn't passive real estate investing
- How she got started in real estate investing and lessons learned along the way
- What her process is for investing in Syndications and 3 key questions that she asks
Resources Mentioned in This Podcast
For all the show notes, and more, check out the podcast website at www.doctorfreedompodcast.com
----more--------more--------more----
Investment advice is only offered in jurisdictions where Centurion Financial Strategies, LLC (“Centurion”) is appropriately registered or exempt from registration. Our Form ADV Part 2 brochure can be obtained free of charge at https://adviserinfo.sec.gov by searching for our firm by name or its unique CRD number (316454). This podcast is not a solicitation to provide advisory services in any jurisdiction in which we are not appropriately registered or excluded from registration.
The information, statements, and opinions contained in this podcast have been obtained from or are based upon information obtained from sources which we believe to be reliable, but we do not warrant or guarantee the timeliness or accuracy of any such information. This podcast is intended for informational purposes only and should not be construed as personalized investment, tax, or legal advice. Opinions expressed by any guest are their own opinions and do not necessarily reflect the firm’s views. You should carefully consider your unique financial circumstances and needs prior to making any investment in securities or purchasing any insurance products. Past performance is not indicative of future results. Investing in securities involves the risk of loss.
Insurance products are backed by the financial strength and claims-paying ability of the issuing insurance company and may be subject to restrictions, limitations, and early withdrawal fees which vary by issuer. You should consider the charges, risks, expenses, and investment objectives of any insurance products before entering a contract.
Next Episode
S5, Episode 14- The Benefits of Being a ”Lien Lord” with Bob Fraser
In this podcast, we've covered everything in real estate from single family to self storage to multi-family and of course, my favorite, land and now.... being a 'lien lord'.
What the heck does that mean??
I was wondering the same thing when I saw the title.
Our next guest is on a mission to help investors take advantage of one of the most effective and overlooked avenues of real estate investing: residential mortgage notes. As Founder and Principal of Aspen Funds, he has purchased more than 1,000 mortgage notes without the risk and volatility of traditional investing options.
Please help me welcome Mr. Bob Fraser!
In this podcast, you will discover...
- What Bob learned from dealing with venture capital in Silicon Valley
- How Bob shifted his career and started this business
- What the potential downsides are and how often people default
- Why there are advantages of owning notes and becoming a “lienlord,”
- How their fund structure is set up to absorb an inevitable recession that will blow and how they will keep chugging along.
Resources Mentioned
For all the show notes, and more, check out the podcast website at www.doctorfreedompodcast.com
----more--------more--------more----
Investment advice is only offered in jurisdictions where Centurion Financial Strategies, LLC (“Centurion”) is appropriately registered or exempt from registration. Our Form ADV Part 2 brochure can be obtained free of charge at https://adviserinfo.sec.gov by searching for our firm by name or its unique CRD number (316454). This podcast is not a solicitation to provide advisory services in any jurisdiction in which we are not appropriately registered or excluded from registration.
The information, statements, and opinions contained in this podcast have been obtained from or are based upon information obtained from sources which we believe to be reliable, but we do not warrant or guarantee the timeliness or accuracy of any such information. This podcast is intended for informational purposes only and should not be construed as personalized investment, tax, or legal advice. Opinions expressed by any guest are their own opinions and do not necessarily reflect the firm’s views. You should carefully consider your unique financial circumstances and needs prior to making any investment in securities or purchasing any insurance products. Past performance is not indicative of future results. Investing in securities involves the risk of loss.
Insurance products are backed by the financial strength and claims-paying ability of the issuing insurance company and may be subject to restrictions, limitations, and early withdrawal fees which vary by issuer. You should consider the charges, risks, expenses, and investment objectives of any insurance products before entering a contract.
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