Peter Kim - The Mindset for Abundance

Get my new book: https://bronsonequity.com/fireyourself Download my new special report - How to Use Inflation to Your Advantage - www.bronsonequity.com/inflation Welcome to our latest episode! Break free from trading time for money and discover the power of passive income. Join host Bronson Hill and co-host Nate Hambrick, author of The 18 Laws of Leverage, for an inspiring conversation with Dr. Peter Kim, former OB anesthesiologist at Cedars-Sinai and founder of Passive Income MD, recorded in June 2025. Growing up in a family of immigrant physicians, Peter was set on a path to medicine, only to find the “golden ticket” of a dream job came with unexpected challenges—broken promises, rigid schedules, and a loss of freedom. This sparked his journey into real estate and passive income, leading to Ascent Equity Group, where he raises capital for cash-flowing investments like preferred equity and debt funds. With a community of over 50,000 physicians, Peter coaches professionals to diversify their income and reclaim their time through real estate, businesses, and more. From his abundance mindset—“there will always be enough”—to prioritizing family trips over work, Peter shares how to shift from scarcity to freedom. TIMESTAMPS 00:43 - Introduction: Passive income and financial freedom 01:41 - Guest introduction: Dr. Peter Kim’s journey 03:01 - From physician to investor: Breaking the mold 06:26 - Career shift: Betrayal of the “golden ticket” 08:19 - Real estate awakening: Discovering passive income 10:31 - Burnout and boredom: The 7–10 year itch 12:58 - Mindset shifts: Overcoming golden handcuffs 15:40 - Coaching physicians: Freedom through choice 19:53 - Favorite investments: Cash flow over appreciation 23:00 - Lifestyle change: Prioritizing family and time 25:52 - Abundance mindset: “There will always be enough” 29:56 - Ascent Equity Group: Preferred equity and debt funds 34:08 - Future vision: Expanding Passive Income MD 37:35 - Personal development: Masterminds and growth 40:52 - Connecting with Peter: Website and community 41:40 - Key takeaways: Mindset and passive wealth Connect with the Guest: Website: passiveincomeMD.com LinkedIn: https://www.linkedin.com/in/peterkimmd/ Instagram: https://www.instagram.com/drpeterkim/ #PassiveIncome #FinancialFreedom #RealEstateInvesting #PhysicianEntrepreneur #CashFlow #MindsetShift #TimeFreedom