#172 The 5 Freedoms Every Doctor Should Pursue, ft. Dr. Peter Kim - Passive Income MD
The 5 Freedoms Every Doctor Should Pursue
Episode #172

#172 The 5 Freedoms Every Doctor Should Pursue, ft. Dr. Peter Kim

In this episode, Dr. Peter Kim talks about five different freedoms to pursue as a physician, shaping the way you spend your time, money, and all other aspects of life. Tune in to discover how these freedoms can empower you to enjoy life on your own terms.

Are you looking for a community to encourage you as you begin, or want to accelerate your business to the next level? Then join thousands of physicians who share the same journey of creating their ideal lives through multiple streams of income by joining us in our Facebook communities such as Passive Income Docs and Passive Income MD.

DLP Capital brings this episode to you…

 

DLP Capital is a private real estate investment and financial services company focused on marketing and IMPACT by acquiring, developing, and building relationships, housing, leaders, and organizations. 

As a high-growth IMPACT investor, they focus on leveraging capital with real estate-backed investments to build wealth and prosperity for all our members, investors, clients, and partners. Through the Elite Execution System and the company’s exclusive membership platforms focused on business scaling, investment housing, family, and wealth… DLP Capital impacts lives by empowering its clients to choose, create, grow and preserve prosperity.

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14.00 Min • August 14

Episode Highlights

Now, let’s look at what we discussed in this episode:

  • Time Freedom
  • Financial Freedom
  • Mindset Freedom
  • Location Freedom
  • Vitality Freedom

Here’s a breakdown of how this episode unfolds.

 

Episode Breakdown

[01:32]

Time Freedom

Peter talks about the most precious resource, time. He shares how important it is to be flexible, have your own time, what it means to be there when it matters, and being able to do what you want when you want it.

“Imagine having that time freedom, where you could decide when, where, and how you practice medicine. If you want to spend more time with your family, pursue some of your other passions, travel more, spend time with your loved ones, and it’s all available for you when you want it. ”  — Dr. Peter Kim

[04:02]

Financial Freedom

Dr. Kim discusses the second freedom which supplements the first freedom… finances. He explains that physicians experience all kinds of financial stress from student debt, mortgage payments, etc. Having other sources of income helps you choose what to do with your time without being stuck in the hospital to pay all those expenses.

“You’re able to make choices based on what’s best for you, your family, and really not have it dictated by the finances. It comes with peace of mind knowing that you have a safety net and the freedom just to invest in different things and just pursue your passions.”  — Dr. Peter Kim

[06:51]

Mindset Freedom

Peter talks about the third freedom that paves the way to exploring new possibilities… mindset. He shares how our perspective on the daily scarcities of life can shape how we live, and that developing an abundance mindset can help you have an outlook to grow and try new things and expand your possibilities. 

“It’s that abundance mindset, where we’re open to exploring new possibilities. Every day, you’re able to not only take calculated risks, but you’re able to grow and try new things and expand your possibilities.”  — Dr. Peter Kim

[09:04]

Location Freedom

Dr. Peter Kim proceeds to talk about the freedom that allows you to leave marks behind as you move through life. He shares that the possibility that you’re able to practice medicine while being able to explore the world with your family brings a ton of irreplaceable joy.

“The goal of location freedom is not just being able to work from anywhere… It’s being able to travel, enjoy, enjoy the world around you. Maybe you don’t want the current situation you’re in at your job and your location, you’d love to move somewhere where the weather is completely different. How would that be?”  — Dr. Peter Kim

[10:46]

Vitality Freedom

Dr. Peter Kim talks about the fifth freedom that allows you to… live with full health. He shares how important it is to take care of oneself, manage stress, and do preventative healthcare since all material wealth doesn’t matter if we don’t have our health and well-being.

“I know what many of you are thinking, you just don’t have the time. Maybe on social media, you see all these people working out, spending all day at the gym, like that could never be me. And it doesn’t have to be you. Maybe it’s a simple daily walk, yoga, gardening, whatever it might be.”  — Dr. Peter Kim

[12:41]

Physician Real Estate and Entrepreneurship Conference (PIMDCON) 

Dr. Peter Kim closes by inviting everyone to join the Physician Real Estate &Entrepreneurship Conference (PIMDCON) this September 21 – 23, 2023 in Los Angeles, CA. The event is for those who want to learn more about real estate, investing, finances, passive income, entrepreneurship, and more. 

“You’re gonna have lifetime access to all session recordings post-event, allow you to rewatch some of your favorite sessions and continue to learn from our expert speakers.” — Dr. Peter Kim

We talk in depth about all of this and more in our course–Passive Real Estate Academy. Want to learn everything about investing in real estate with confidence? You can grab your seat right here!   

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