Financial Residency

Navin Goyal, M.D. is a physician and entrepreneur who serves as CEO of LOUD Capital, early-stage venture capital and alternative investment firm leveraging capital, entrepreneurship, and education to grow impactful companies across the globe. Navin strives to make venture capital more purpose-driven, inclusive, and impactful. The beginning of his entrepreneurial journey was co-founding OFFOR Health (formerly SmileMD), a venture-backed mobile healthcare company that expands access to care across the United States with a dedicated focus on lower-income and rural communities. His story, his experience, and what he sees as an opportunity for physicians to have a broader impact on themselves and society is the focus of his book, Physician Underdog. Dr. Bradley Block and Dr, Goyal discuss his journey from the OR to the board room, how the grass is greener after leaving medicine, why they need to start before they're stagnating or burnt out. Venture capital is not as risky as perceived! Once you know the ins and outs, it can lead to some great opportunities for income. Today's Sponsor is Locumstory. To find out more visit: https://www.financialresidency.com/locumstory

Working towards financial freedom as a physician has quite a few moving parts. Where do you need to invest? What do you do when you pay off student loans? What are things to think about as you look at your financial future? There needs to be a balance to reap the benefits of financial freedom. Understanding the long-term mindset and generating enough cash flow to reach the point of financial freedom. In this episode, we talk to Scott Trench about the ins and outs of financial independence. Today's Sponsor is Comp Health. Find out more by visiting: https://www.financialresidency.com/comphealth

It's that time! You are ready to buy or sell a house. It can be your first house or moving into a new home after selling your previous one. Do you need a real estate agent? How do you find a good one? Do they understand your situation? You are about to make a major decision that can affect you for years. As a physician, there are things to consider because of the profession. Avoiding mistakes such as buying a house that you cannot afford can be crucial to your financial future. In this episode, we talk with John Ramey, a real estate agent that is an expert at helping physicians. We discuss all of the questions and tips about what makes a great real estate agent for a physician. Today's sponsor is CompHealth. To find out more visit: https://www.financialresidency.com/comphealth

Student loan debt can pile up quickly! Once you graduate you may have a student loan mountain to take down. That is what happened to Dr. Cathy Carroll. She ended up with $160,000 in student loan debt. What she was bringing in was barely enough to cover all her expenses! Something had to change! She started working for Locums and it has helped her pay them down. In this episode, Dr. Carroll discusses her journey with student loans and how working for Locums has helped her. Today's Sponsor is CompHealth. Just head to financialresidency.com/comphealth and see what locums can do for you financially.

Working locum tenens assignments has its advantages— one of them, being able to afford your dream home. Our next guest, Doug Crouse, Mortgage Loan Officer at UMB Bank, talks about his experience helping physicians working locums get ready as they embark on the physician mortgage journey! Today's sponsor is Locumstory. To find out more visit https://www.financialresidency.com/locumstory to find out more.

Dr. Bradley Block of The Physician's Guide to Doctoring has got something special for our audience up his sleeve! Join us every Friday for a new show and new sound on our podcast for the month of November! Let's begin episode 2 of 5!

After experiencing paralyzing burnout as a newly-minted primary care physician, Dr. Diane Shannon made the hard decision to leave practice and pursue a career in writing. Her focus for 20 years has been drawing attention to ways to address clinician burnout, system inefficiency, and patient safety problems. She is co-author of Preventing Physician Burnout: Curing the Chaos and Returning Joy to the Practice of Medicine, which was published in 2016.

Her personal experience with burnout and her desire to support clinicians motivated her to become a certified coach three years ago. She now helps clinicians gain clarity on their goals, increase their bandwidth, overcome barriers, and improve their professional and personal lives.

Today's sponsor is LocumStory. For more locum tenens information, www.financialresidency.com/locumstory is your final destination.