Navigating entrepreneurship, Money, and Life as a Locums Doc

Thinking about leaving your current job to start your own business, do consulting, or explore locums work can feel overwhelming, but it might be the move that changes everything. As we speak to a doc who shares her own experience and gives us some tips on how we can do the same. In this episode, we are joined by Dr. Naomi Lawrence-Reid, a board-certified pediatrician and founder of Doctoring Differently, who describes leaving a low-paid, autonomy-lacking pediatric ER job after a breaking-point incident and transitioning to per diem work and then locums, which increased her control over scheduling and income. She emphasizes negotiating, using an accountant for taxes, business setup, and retirement accounts, obtaining health insurance through the marketplace, and building multiple income streams. Tune in now to learn how to take control of your career, increase your income, and create more flexibility in your life. [00:06:56] Meet Dr. Naomi Lawrence-Reid [00:13:55]The Diaper Chair Story: Know Your Worth At Work[00:17:03] Why Risk Is Overrated And How Per Diem Changed Everything[00:21:31] How Per Diem Work Gives Doctors Freedom And Flexibility[00:23:30] Locums Myths Doctors Are Taught In Training[00:25:19] Inside Her First Locums Offer And Pay Breakdown[00:32:23] Real Risks Of Locums And Who It Is Right For[00:35:58] Why Moms Are Choosing Locums For More Freedom and Income 🎉 This episode is sponsored by:   PKA Insurance Group, Inc. - Helping you find the best value with personalized insurance solutions. Reach out to PKA Insurance Group to discuss your disability or life insurance needs by calling +1 800-258-1018 or emailing [email protected].   Bona Fide Finance – Trusted financial advisors offering flat-fee, comprehensive planning to help you build wealth and financial security. Book a consultation at bonafidefinance.com/wealthmindedmd or email [email protected] and tell them we sent you. Got money questions you'd like us to tackle on our next segment of Wealthy Wonders? Visit our page to submit your query. Be sure to go to our website to join the Wealthy Minds Community and download a FREE copy of our Wealthy Minds Blueprint.  Claim your debt freedom with our boot camp! Don't forget to rate and review the show to help others discover us! When you do, you'll have a chance to win a free drink on us.   Wishing you a fantastic week ahead and happy wealth building!