My Fitness Ride

Dr. Chris Loo: How to Transition Into a Non-clinical Profession


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A lot of times we equate burnout with a career but it can happen in any area of our lives.


And oftentimes it’s just a sign that something needs to change, that something’s not right;


Burnout is only a symptom that’s part of an overall bigger picture.


On today’s episode, Dr. Chris Loo and I have an interesting talk about burnout, money and wealth mindset, preconceived ideas that hold you back, and non-clinical careers for physicians.


Dr. Christopher Loo is an entrepreneur, investor, consultant, author, speaker, executive coach, and physician advisor. He retired from a career in medicine in 2016, to fully focus on running his portfolio of businesses. He has extensive consulting experience working with hospitals, technology startups, high net-worth clients, and executives over the past twelve years. Dr. Loo is the author of How I Quit My Lucrative Medical Career and Achieved Financial Freedom (2018), The Physician’s Guide to Achieving Financial Freedom Using Stocks and Options, and The Physician's Guide to Getting Started in Consulting (2019).


He says that you can actually make more money, and be happier and more fulfilled as an entrepreneur than as a practicing physician.


So, listen to Episode 17 of My Fitness Ride, to learn that it’s not that hard to transition from an exhausting career to a non-clinical profession if that’s what you really want.


Questions I ask:

  • Approximately 50% of physicians think that there's no other option, that you're basically stuck in what you do because that's what you're trained for. Do you have another opinion regarding that? (08:53)
  • When you decided to quit, when you were in the orthopedic training, was it because you felt burned out? (13:42)
  • Do you want to tell us a bit about your last book? (28:31)
  • What exactly is a freelance consultant? (31:04)
  • For a physician that's listening, that's sitting and wondering, “What could I do? What could I offer in a non-clinical world?” - what kind of jobs do you know that are out there? (33:49)


In this episode, you will learn:

  • Dr. Loo’s background and how he decided to give up his medical career, to enter in the world of entrepreneurs. (02:42)
  • Dr. Chris's realizations in terms of the wealth and abundance mindsets. (03:50)
  • The dangers of burnout. (14:41)
  • The meaning of branding and leveraging. (32:36)
  • The difference between the "money is an idea" mindset versus "money is time" mindset. (39:03)


Connect with Dr. Christopher Loo:

  • LinkedIn
  • Instagram


Resources:

  • How I Quit My Lucrative Medical Career and Achieved Financial Freedom Using Real Estate: (You Can, Too!)
  • The Physician's Guide to Financial Freedom: Getting Started As A Consultant: How to Launch and Brand Your Unique Skill Sets to Position, Leverage, and Capitalize on Niche Consulting Opportunities
  • The Physicians Guide to Achieving Financial Freedom Using Stocks & Options: How I Became Financially Free Using a Simple 3-Step Process Investing in Stocks
...more
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My Fitness RideBy Dr. Rafael Rolon