Best Side Hustles For Doctors
Being a Doctor is a full time Commitment. Many work well over 80 hours a week during their training years which leaves little time to pursue anything else. But why would doctors want to do anything else, I mean they get paid very well to do their job right?
However, even though most Doctors are well compensated, many Doctors still pursue Side hustles as a means of more financial freedom. More than ever, our generation is seeing a large rise in Doctor entrepreneurs.
Doctors are getting heavily involved in industries such as real estate, and are even seizing monetary opportunities on Social media as influencers and Public personalities. Other pursuits outside medicine that Doctors are pursuing include things such as writing books, getting into Crypto, and even creating tech start ups.
With so many different side hustles opportunities in 2022 which ones should Doctors really be doing? In this article I will be exploring the best side hustles For Doctors.
Can Doctors and other Medical Professionals have side hustles?
Doctors and other Medical Professionals in training such as Medical Students lead very busy lives. There is no question that being Doctor requires ones full and undivided attention. However, how does one devote themselves to the field of medicine and also begin a side hustle? There are many ways this can be done.
The best place I to start is online. This can be though starting an online course, or creating some sort of online product which is valuable to the marketplace. In recent years, learning platforms such as Thinkific, and Skillshare have emerged and has given many the unique opportunity to share their knowledge with many people through courses and online classes.
Other ideas are things such as telemedicine, giving online lectures, or even doing things such as online health, and nutrition coaching.
What are the Best Side Hustles for Doctors in Training?
Medical Students and Residents can create an Anatomy Course as a Side Hustle
Anatomy is difficult for a lot of medical students because it requires a different type of learning. From personal experience as well from observing my fellow classmates, I think we can all agree is that Anatomy is best learned when you can see a cadaver up close and when you have some one who is knowledgable in the subject explain it to you.
If you are a medical student who already took anatomy, or a first or second year Resident you will likely have a pretty solid understanding of the different anatomical regions.
Medical Students and Residents can Make an MCAT course as a Side Hustle
The MCAT is a definitely a hard test. There are so many resources out there and so many so called gurus who try to claim that they know everything about the test. But who better to trust on a good approach to the test than an actual medical student or Resident who took the test and was likely successful and gained admissions to medical school.
An example is the one called The PreMed Consultants. This is a program created by Dr. Adam Nessim which contains Pre-Med mentorship as well as private MCAT tutoring.
Medical Residents and Students can Create a personal statement writing workshop as a side hustle
Getting into Medical School in the United States is a long and arduous process. One of the steps in the process of applying requires that you write an essay basically outlining your reasons for wanting to become a doctor.
Build a Productivity Course as a Side Hustle
it is no secret the one of the skills that it takes to be successful in medical school is to be productive. You have to find the time to balance an intense academic curriculum with research all while still trying to finding time to maintain your physical well being and your social life. These skills are things that other people could benefit from having as they are valuable and could prove useful in all areas of life. Some things you could teach about productivity include things such as:
What are the Best Side Hustles for Attending Physicians
Build Courses surrounding your specialty as a Side Hustle
As a physician you at the top of the food chain in terms of your knowledge and experience in the medical field. You have spent years refining your craft, and gaining new knowledge. One side hustle that you could start is by putting all of your medical knowledge in a single digital product and then selling it.
This is a side hustle which Medical Doctor and successful Entrepreneur Chester Zoda teaches in his Digital Doctor Program.
Create a personal brand as a Side Hustle
Growing a personal brand leaves the door wide open for how you can monetize yourself online. you could get paid to put up sponsored posts, you could be paid as a public speaker, There are plenty of ways to do this. These days many people are drawn to certain personalities. You can portray this through the use of Instagram or other Social media platforms.
The greatest challenge with doing this will be growing a large audience as that is normally something that takes time and effort. However there are plenty of paid tools out there such as Kicksta that automate this.
Start a Podcast or a Blog
Blogging: Blogging is quickly becoming a very sustainable Long term way to create passive wealth. As it pertains to the health industry the possibilities are truly endless. Blogs allow you to make money via ads though ad networks such as Ezoic and Google Adsense, as well as through Affiliate marketing.
The downside of blogging is that ranking number 1 on google takes a bit of time, however this is only if you do not have money to spend on outsourcing, SEO tools, as well as link building. I don’t really see this as being a downside for Doctors, as many doctors make a good earned income and thus will likely have the money to invest into outsourcing. Relatively speaking, even with the costs associated with everything I just mentioned, Starting an affiliate blog requires far LESS capital to get into than something like Drop Shopping which requires thousands of dollars of start up costs.
Podcasts: Podcasting is a great way to improve brand recognition and build your audience. Additionally Blogs with a lot of popularity have the possibility of getting deals with large platforms such as Spotify, and Apple, just to name a few. Some very good Podcasts are below
Fundamental Health Podcast by Dr. Paul Saladino
The Drive by Dr Peter Attia.
Podcasts allow you to really reach a large number of people because of how easily they allow content to be consumed. They allow you to connect with the Publisher on a deeper level and in a way feels almost like you are engaged in conversation with them. If you are struggling finding out Side Hustle Ideas I would strongly suggest a podcast because starting a successful can lead to massive growth and financial benefits in the long run.
If you found this article helpful then you might find some of the others helpful as well
5 Ways For Medical Students to Make Money
9 tips on how to make money Blogging as a Medical Student through Affiliate Marketing
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