Journal
Journal
Case studies, frameworks, and notes for physicians building wealth beyond the clock.
Leadership·Business·Investing·Venture capital
September 2, 2024
What I Wish I Would Have Known About Building Financial FreedomThe Standard Plan Ever since grade school, the financial plan that I had always heard was: get a stable job, save a large percentage of your paycheck, and plan to retire when you are 65. It was not until recently did I realize some of the limitations with the original plan. You can not scale […]
July 31, 2021
Leadership Principles: A field guide for Resident and Attending Physicians, 1st Ed.Introduction What makes this book stand out? Many concepts and quotes in this section come straight from research we have conducted. The quotations are medical student answers to our research survey questions on the topic of leadership and mentorship in medicine. This is the product of a combined 30 years of experience with testing grounds […]
July 22, 2021
Interested in Venture Capital? Here’s a List of Free ResourcesInterested in Venture Capital?Venture Capital (VC) is a type of finance provided by investors for startup entrepreneurs and small enterprises with the potential for long-term growth. Take a look at VC resources to get ideas for how to grow your business. A Growth Rate Model for Startup Founders is also included to assist you in […]
February 12, 2021
Charlie Munger’s Causes of Human Misjudgementhttps://www.youtube.com/watch?v=pqzcCfUglws&feature=youtu.be First. The power of what psychologists call reinforcement and economists call incentives. Don’t underestimate the power of incentives “Early in the history of Xerox, Joe Wilson, who was then in the government, had to go back to Xerox because he couldn’t understand how their better, new machine was selling so poorly in relation to […]
December 5, 2020
SuperHuman FeedbackHere is a great email from Rahul Founder of Superhuman.com. I thought it was great advice on giving feedback and a great addition to the Self-Directed Leadership Curriculum Here is Rahul’s advice on giving feedback: How not to give feedback Feedback is so easy to get wrong… Hey Dave, do you have a second? I notice you […]
December 1, 2020
Leadership CurriculumLeadership and Business Principles Curriculum This curriculum is designed for professionals that would like to develop and hone their skills in business and leadership. There are so many resources out there, this list is meant to narrow the focus into the highest yield resources available on the most utilized topics. Book List (In recommended order) […]
June 28, 2020
Game TheoryWhat is Game Theory? Game theory is the science of interactive decision-making. It has an origin in mathematics and is used in economics, business, political science, psychology, computer science and more. It provides a language for the representation and analysis of interactive situations, where actions of each player affect each other. Game theory can get […]
June 7, 2020
Leadership Can Be LearnedThere is a portion of leadership that comes from natural ability and there is a significant part that can be learned. The military seems like one of the few organizations that focuses on teaching and developing leaders. Organizations within medicine should take the military’s focus on leadership development as an example and begin to prioritize […]
June 1, 2020
Foundational Resource ListThe list is growing. Check back soon for updates. MBA Foundational Concepts How to Calculate a Return on Investment (ROI) (link) Time Value of Money (link) Analyzing Financial Statements (link) Opportunity Costs (link) Enterprise Value & Market Value (link) Employee Equity: Vesting (link) What a CEO Does (link) Margins (link) Financing Options for Startups (link) […]
May 13, 2020
Why Physicians and PhDs Make Excellent FoundersWhy Physicians and PhDs Make Excellent Founders It can seem like there is a large barrier for physicians to break into more entrepreneurial projects. At least this is how I felt. I didn’t know where to start. I didn’t know who to talk to. I also didn’t know that physicians and PhDs are well-equipped to […]
May 9, 2020
The Hidden Knowledge Around YouHidden Knowledge It is strange that so many people don’t really know how much they know. They don’t realize how much their knowledge benefits the people around them, their children, peers, co-workers… People hide so much knowledge from the world around them in their day to day lives. It always makes me wonder what could […]
May 7, 2020
We Need to Focus on Leadership DevelopmentWe Need to Focus on Leadership Development Leadership development is not commonly addressed in the medical or other professional setting. In medicine, having excellent leadership is much more than just hitting the bottom line for investors and other shareholders. There are unique challenges where the quality of leadership can mean the difference between life and […]
May 7, 2020
Innovation As a Side ProjectInnovation As a Side Project I was surprised that I haven’t seen much written about this. While it may seem daunting I believe that depending on your work situation it may not be as time consuming as you might think to get involved in innovation. I have always been interested in this topic and I […]
May 2, 2020
The Time Value of MoneyTime is Powerful This is one concept that really changed the way I think about decisions. It is the time value of money and it is something that needs to be factored in with your decision making. It is important because if you are not familiar with it you have no idea how many applications […]
April 24, 2020
First Paycheck from an Online Side-ProjectA few months ago I began my journey towards developing a side project, and I just received my first customer payment. Over the last half a year during my free time I taught myself how to build a website. This is the YouTube video that guided me through the whole process. The video literally walks […]
April 17, 2020
Strategies to Anticipate and Lead Your Team into the UnknownAbdominal compartment syndrome It was about 4 am, the patient came out of surgery for the second time that night. This patient was swollen, he had already had his whole blood volume (approximately 5 liters) replaced multiple times. One of the patient’s blood vessels had ruptured spontaneously. His body was swelling after getting so many […]
April 4, 2020
Multiple Income Sources Case Study: Jocko WillinkCase Study: Jocko Willink John Gretton “Jocko” Willink (born September 8, 1971) is an American retired officer of the United States Navy, who served in the Navy SEAL teams. He is also a podcaster and author. His military service saw combat actions in the war in Iraq, where he eventually commanded the SEAL Team 3‘s […]
March 11, 2020
Is the stock market the best way to build wealth and get ahead?The stock market is not the best way to build wealth I’ve spent numerous years thinking that if I just understood the market better, educated myself better, consumed more educational materials from professionals, that I would be able to supplement my day job income with making a significant and reliable passive income in the market. […]
March 1, 2020
Encouragement to just get started!Don’t Be a Perfectionist There are so many things I am excited about sharing on this platform, but for some reason I keep finding it difficult to prioritize the time to write. I think some of you may feel the same. That you have all of these great ideas, even plans on how to make […]
December 29, 2019
What are some actionable ways to start your business and build a team?What are some actionable ways to start your business and build a team? Leadership skills can be learned You must have the mindset and be intentional about improving your leadership skill. Even the most accomplished leaders have areas they can improve upon. Do not miss opportunities to improve upon your leadership skills! Learn from yours […]
December 25, 2019
How do I build my own business?Innovation doesn’t have to come by luck or random chance. In fact you can compete against luck and actively work to find an idea that can provide the start of a business.
December 24, 2019
Great Resources on Financial FreedomConsume Knowledge. I’ve noticed that some of the most successful individuals devour books and intensely seek out knowledge on a topic, and we should too!