While it is common knowledge, doctors are one of the highly paid professions in the world. Unfortunately, with the rising cost of living fueled by tough economic times, doctors need to press on a little harder to gain financial freedom. The following are the top 3 business ideas for doctors to start as a side hustle:
Online Consultancy Firm
In the current era, many people are adopting digital technology at a faster rate. This has made businesses migrate as well so that they can tap on their potential clients. Therefore, as a doctor, it becomes necessary to start an online consultancy firm where you can provide consultations at a lower cost.
Write and Sell Books
Writing and selling health journals, books and newsletters are one of the best side hustles doctors can venture into. Since the internet has made it easy and cheaper to write and publish e-books, you can take the chance to leverage it. The only thing required is good writing skills and simple editing software.
Selling Medical Equipment and Supplies
There are several medical essentials that students and clinics in America need. You can start a store where you acquire the essentials at wholesale from manufacturing companies or distributors and sell them to final consumers at a profit. Some of the medical equipment to trade may include aprons, temp probes, mobility aids, crutches, pulse sensors, PPIs, and injectables, to name a few.
While the above mentioned are the top three most profitable business ideas for doctors to start, other ideas worth considering include:
• Creating a medical podcast.
• Running an educational clinic.
• Opening a health and fitness center.
If you are thinking on better ways to balance your professional work and entrepreneurship as a doctor, get in touch with The Doctors View at thedoctorsview.com.