Why Doctors Don’t Get Rich

I recently attended a weekend conference focusing on family, legacy, and wealth. There were a lot of rich people there, but there weren’t a lot of doctors.

Several were there because they heard about the event through this website and associated Physicians on FIRE and fatFIRE Facebook Groups.

Tom Burns, MD

An Orthopedic Surgeon

Who authored the newly released Why Doctors Don’t Get Rich.

He was the first person in the world to buy a self-published book from an unknown author named Robert Kiyosaki. He read it cover to cover, flew out to meet the author, and the two have remained friends for over 20 years. The first Rich Dad Poor Dad reader became a Rich Doctor.

How Dr. Burns Got Rich

his passive income eventually eclipsed his physician income, he continued to practice on his own terms for a number of years, having retired from medicine only recently at about the age of 60.

Dr. Burns says that

“poor” doctors live pretty well, but they spend what they earn, leaving little room to become truly wealthy.

About the Book

Why Doctors Don’t Get Rich starts out with a whopping 25 testimonials, a foreword by the now-famous Robert Kiyosaki, and about 200 pages of text divided into 15 chapters

The chapter on developing a rich mindset is full of sage advice. Just look at the headings. - Reign in Your Ego - Cultivate Humility - Have a Positive Attitude - Develop Discipline - Good Habits - Always Be Growing

If you skip these steps, you may find that your actions later on don’t get you the results you’re looking for.

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