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In this conversation, Snehal Sonawane shares her inspiring journey from a small town in India to becoming a leader in digital pathology and AI in the United States. She discusses her experiences in medicine, the importance of financial independence, and her interest in real estate investing. Snehal emphasizes the need for physicians to start thinking about their financial future and offers practical advice on saving and investing. The conversation also touches on the intersection of her medical career and her passion for real estate, as well as her efforts to provide resources for others in the field of digital pathology.

Takeaways

• Snehal's journey from India to the U.S. was unexpected but fulfilling.
• Her father's dedication to patient care inspired her medical career.
• Financial independence became a focus after starting her private practice.
• Physicians often lack formal education in financial management.
• Real estate investing offers passive income opportunities.
• Starting small in investments can lead to greater financial stability.
• Surrounding oneself with knowledgeable people is crucial for success.
• Taking calculated risks can lead to growth and opportunities.
• Digital pathology is rapidly evolving and offers many benefits.
• Creating resources for others in digital pathology is a passion project for Snehal.

Important Links:
LinkedIn: https://www.linkedin.com/in/snehalsonawanemd/
Instagram: https://www.instagram.com/snehal_shinde2000/

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In this conversation, Chris Long shares his journey from being a carpenter in Canada to creating Long Yards, a unique storage solution for contractors. He discusses the challenges of finding secure storage space, the innovative partnership model he has developed, and the lessons learned from expanding his business internationally. Chris emphasizes the importance of education in commercial real estate and offers advice for aspiring investors looking to enter the storage industry.

Takeaways

• Chris Long transitioned from construction to creating Long Yards.
• The storage solution addresses a significant gap in the market.
• Contractor yards require minimal utilities, primarily just power.
• The business model is adaptable to various land shapes and sizes.
• Partnerships are crucial for scaling the business effectively.
• Navigating commercial real estate can be challenging for new partners.
• International expansion presents unique challenges and learning opportunities.
• Education is key for potential investors in the storage industry.
• The future of storage yards looks promising with increasing institutional interest.
• Investors should always conduct their own due diligence.

Important Links
LinkedIn: https://www.linkedin.com/in/chris-long-152b3988
Instagram: https://www.instagram.com/longyardsstorage/
Website: https://longyards.com/

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In this conversation, Dr. Mitra Sadhu discusses her journey as a nephrologist in private practice, the challenges faced in the healthcare industry, and her innovative approach to managing overhead costs. She shares insights on the importance of virtual assistants in healthcare, her new venture LinkMedicalSpaces.com, and how it aims to optimize the use of medical office space. The discussion emphasizes the need for physicians to adapt to changing landscapes while maintaining a focus on patient care and personal well-being.

Takeaways

• Gratitude for physicians is essential in the healthcare community.
• The cost of doing business in healthcare is rising, impacting private practices.
• Keeping overhead low is crucial for survival in private practice.
• Virtual assistants can significantly alleviate administrative burdens for physicians.
• LinkMedicalSpaces connects healthcare professionals with available office space.
• Unused office space can be monetized to create additional revenue streams.
• Physicians often learn about financial tools and business practices after training.
• Balancing work and personal life is vital to prevent burnout.
• Continuous learning is important for both personal and professional growth.
• Focus on progress that aligns with personal values.

Important Links:
LinkedIn: https://www.linkedin.com/in/sanghamitra-sadhu-md-470a02153/
Instagram: https://www.instagram.com/linkmedicalspaces/
Website: https://www.linkmedicalspaces.com/

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Dr. Jack Bulat shares his journey as a new physician specializing in anesthesiology and pain management. He discusses the challenges of transitioning from training to practice, the importance of financial planning, and the considerations of investing in real estate. Dr. Bulat emphasizes the need to align financial decisions with personal values and the significance of learning from peers and advisors in navigating his early career and financial landscape.

Takeaways

• Dr. Bulat is early in his medical career, having just completed training.
• He emphasizes the importance of continuous learning and growth in his practice.
• Financial planning is crucial for new physicians facing student debt.
• Outsourcing financial management to advisors can be beneficial.
• Real estate is a potential investment avenue for wealth building.
• Aligning investments with personal values is essential for long-term satisfaction.
• Networking with peers can provide valuable insights into financial decisions.
• Understanding different financial advisor models is important for making informed choices.
• Living in a high-cost area presents unique challenges for investment.
• Celebrating milestones, like achieving a net worth of zero, is important.

Important Links
Linkedin: https://www.linkedin.com/in/dr-jack-bulat/
Instagram: https://www.instagram.com/jack.bulat/
Web: https://www.vipmedicalgroup.com/doctor/dr-jack-bulat/

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In this conversation, Leon Adelman shares his journey as an emergency physician and entrepreneur, detailing the creation of Ivy Clinicians, a platform designed to bring transparency to the emergency medicine job market. He discusses the importance of data access for physicians, the disparities in pay within the field, and the entrepreneurial challenges he faced while building a software company. The conversation also touches on the significance of partnerships, equity in startups, and the balance between medical practice and investment opportunities, particularly in real estate. Leon emphasizes the inevitability of failure in any entrepreneurial journey and the importance of learning from those experiences.

Takeaways

• Leon Adelman is an emergency physician and entrepreneur.
• Ivy Clinicians was created to solve job market transparency issues.
• The job market for emergency medicine lacks transparency.
• Zillow serves as a model for transparency in job markets.
• Physicians often face pay disparities due to a lack of information.
• Building a software company requires a strong team and trust.
• Equity is crucial for attracting young talent in startups.
• Investing in real estate requires expertise or a good agent.
• Failure is a normal part of the entrepreneurial journey.
• Learning from failures can lead to future success

Important Links
Linkedin: https://www.linkedin.com/in/leoncadelmanmd/
Instagram: https://www.instagram.com/tarhealer08/
Website: https://emworkforce.substack.com/

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In this conversation, Anne-Michelle Wand shares her journey from being a single mom to becoming a successful international real estate investor. She discusses her experiences in Panama, the benefits of passive real estate investing, and the importance of mindset in achieving success. The conversation also covers the challenges and advantages of investing internationally, particularly in the context of retirement communities and the evolving market needs.

Takeaways

• The catalyst for Anne's investment journey was her divorce and becoming a single mom.
• Anne's love for warm beaches led her to explore international real estate opportunities.
• Real estate has been a long-term business for Anne, providing both active and passive income.
• Passive real estate investing allows investors to earn income without managing properties themselves.
• There is a growing demand for over 55 communities in Panama, presenting investment opportunities.
• Investing internationally offers diversification and potential tax benefits.
• Understanding the local market is crucial for successful international investments.
• Mindset plays a significant role in investment success, with a focus on positive belief systems.
• Successful investors often have a morning routine that prioritizes self-care and health.
• Networking and building relationships are essential for finding investment opportunities.

Important Links
LinkedIn: https://www.linkedin.com/in/cr8grtsuccess/
Instagram: https://www.instagram.com/passiveprofitpartners/
Website: https://www.passive-profit-partners.com/?

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In this conversation, Brian L Pettiford shares his experiences in thoracic surgery and the challenges faced by medical professionals in financial planning. He discusses the realities of medical training, the delayed gratification of income, and the importance of seeking financial advice. The conversation also touches on the potential of real estate investing and the significance of surrounding oneself with the right people for financial success.

Takeaways

• The journey in medicine is rewarding but challenging.
• Financial planning is crucial for medical professionals.
• Delayed gratification is a reality for many surgeons.
• Seek legal counsel when presented with contracts.
• Surround yourself with knowledgeable advisors.
• Real estate can be a viable investment option.
• Understanding the financial landscape is essential for success.
• Living below your means can lead to financial freedom.
• Training and education are foundational for a successful career.
• Finding a balance between work and personal life is key.

Important Links
LinkedIn: https://www.linkedin.com/in/brian-pettiford-md-mba-mmm-ab585388/
Web: https://www.ochsner.org/doctors/brian-pettiford?

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In this conversation, Anne Gannon shares her journey from a passion for golf to becoming a CPA specializing in tax strategies and real estate investing. She discusses the importance of understanding tax implications, effective tax rates, and the challenges faced by investors in today's economic climate. The conversation highlights the benefits of real estate as a hedge against inflation and the significance of long-term planning and cash flow management. Gannon introduces her Accelerator Method, which focuses on building a comprehensive strategy for wealth growth through real estate and tax planning.

Takeaways

• Weather affects our state of mind and productivity.
• Engaging with clients throughout the year is crucial for tax planning.
• Understanding the nuances of tax rules is essential for real estate investors.
• Taxes have increased for higher net worth individuals in recent years.
• Effective tax rates should be a key consideration in financial planning.
• Short-term rentals are treated as active businesses for tax purposes.
• Cash flow management is vital for real estate investors.
• Long-term planning can lead to significant equity growth in properties.
• Investors should be proactive in understanding their tax picture.
• The Accelerator Method helps clients take control of their financial future.

Important Links
Linkedin: https://www.linkedin.com/in/anne-gannon-529107148/
Instagram: https://www.instagram.com/annegannoncpa/
Web: https://www.thelargogroup.com/