Learn the business and management skills you need by enrolling in the University of Tennessee Physician Executive MBA program at nonclinicalphysicians.com/physicianmba.
Get the FREE GUIDE to 10 Nonclinical Careers at nonclinicalphysicians.com/freeguide.
Get a list of 70 nontraditional jobs at nonclinicalphysicians.com/70jobs.
===============
Today’s episode is Part 2 of my interview with Dr. Tod Stillson. Tod is a family physician who discovered that he could improve his autonomy and increase his income by incorporating and switching from employee to micro-corporation owner. In Episode 374 we learned that 10 years ago he discovered he could practice under a professional services agreement with the hospital system, so he incorporated and began working as a mini-corporation.
We pick up the interview with Tod, who explains how he shifted from employment to working using a professional services agreement. Then, he discusses a variety of benefits that you can access under this new model.
We also discuss the free and paid resources available to help physicians including his book, Doctor Incorporated: Stop the Insanity of Traditional Employment and Preserve Your Professional Autonomy, a blog, a membership program, free e-books, and consultation services.
Before closing, we discuss other options for physicians seeking more fulfillment and control, including direct primary care and other cash-only practices, and compare them to the microcorporation employment-lite approach to contracting with an employer.
You will find all of the links mentioned in the episode at nonclinicalphysicians.com/benefits-of-a-professional-corporation