The List of Physician Side Hustles / Gigs - Passive Income M.D.
The List of Physician Side Hustles

The List of Physician Side Hustles

February 4, 2020 • 6 Min Read

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Please note that this is a growing list of physician side hustles as I come across new ideas and receive submissions as well. So check back often and feel free to submit your own ideas down below.

If you'd like to talk about these topics in real-time, feel free to join our private FB groups, Passive Income Docs & Passive Income Professionals.

With the ever-changing state of medicine, the increasing burden of student loan debt, and
the dissatisfaction and burnout that comes along with all of it, physicians seem to be searching for alternatives or other ways to make income.

Perhaps it’s to supplement/replace their current incomes or perhaps it’s a way to transition out of medicine altogether. Either way, the notion of the “side hustle” or “side gig” seems to be growing in acceptance amongst the physician community.

To qualify as a side hustle, it must be something that you can initially start while continuing your day job as a physician.

Why Even Have a Side Hustle?

(Related: 5 Reasons Why Doctors Should Have a Side Hustle)

  • Make more money.
  • Hedge against changes in medicine or your current job.
  • Increases your bottom line to help you achieve financial independence quicker.
  • Maybe it’s just something you’re passionate about and enjoy doing.

Is It Worth It?

At the end of the day, that’s a personal decision. You have to figure out whether it’s worth it to you after answering the following questions amongst many others:

  • How much can you make?
  • What’s your time worth?
  • Should you just work more at your current day job?
  • Will it help you create your ideal life?
  • Is it something that you’re interested in and passionate about?

Ultimately I believe that side hustles start with having the right attitude. Your success will be predicated on your drive and determination, which, if you’ve made it this far in your medical career, you already have plenty of.

There might be obstacles you face while trying to pursue a side hustle as a physician, but it might be absolutely worth it.

In fact, NOW might be the perfect time to get started!

Without further ado, here’s my growing List of Physician Side Hustles (with some examples of doctors doing those very things):


Make Extra Money Using Your Medical Degree (Non-Clinical)

Clinical

Educate Others

Real Estate Opportunities

Businesses

Online Businesses

Patent / Invention

Investing in Companies

Stock Market

Writing

  • Medical writing – SEAK
  • CME content writer
  • Medical journal editor

Traditional Media / Online Media / Social Media

Public Speaking

  • Pharmaceutical industry lecturer
  • Paid guest lecturer at conferences

Aesthetics

  • Start a medi spa
  • Aesthetics clinic: Aesthetics Pro Workshop
  • Create your own skincare line: MD Glam

Transportation

  • Drive Uber or Lyft (Believe it or not, I've actually heard of some docs doing this.)
  • Rent out ad space on your car: Wrapify
  • Rent out your car: Turo, Getaround

Coaching

Lending

Freelancing

Others

Any that you’d like to add to the list of physician side hustles – your own, your colleague's, etc? Feel free to share below, message me, or join the discussion on our Facebook group (Passive Income Docs and Passive Income Professionals). Thanks!


Disclaimer: The topic presented in this article is provided as general information and for educational purposes. It is not a substitute for professional advice. Accordingly, before taking action, consult with your team of professionals.

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