The Doctors Guide to Starting Your Practice Right

Launching a career is an exciting but potentially overwhelming project. There are so many considerations when it comes to the practice, housing, lifestyle, debt management, etc… Wouldn’t it be nice if there were a textbook to guide you through this jungle?

The book is not intended strictly for private practice or independent contractors. Those are discussed, as are academic medicine and employed physicians.

What other considerations are there? Housing: Consider renting and don’t buy all the house the bank will allow. City versus Rural: He discusses the pros and cons of each. You probably know which you prefer. Geographic arbitrage can come into play here.

Location Considerations in Your First Job

We make a lot of value choices in life, and if you are like Dr. Rolex (or my Dr. D), and prefer leasing new cars, frequent fine dining, extravagant vacations and an oversized home, you’re going to have a tougher time working towards a comfortable retirement, or any retirement for that matter.

Lifestyle Considerations in Your Career

Your residency program may keep an alumni directory. National journals often advertise positions (usually academic) and national meetings offer great networking opportunities. Working as a locum tenens physician led to numerous job offers for me.

Finding the Right Job

Get your state license. Get your hospital credentials, and give the administration ample time to get you licensed with the appropriate insurers.

Before You Start Your First Job

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