Jan. 14, 2021

Do doctors make great entrepreneurs?

"We in medicine are experts in delayed gratification. We’ve been in school for what, about 21 years before residency? Then we finally become an attending.  Then we can splurge a little. But still, we were told to hold back. Live like a...

"We in medicine are experts in delayed gratification. We’ve been in school for what, about 21 years before residency? Then we finally become an attending.  Then we can splurge a little. But still, we were told to hold back. Live like a resident.

This is a great skill to have as an entrepreneur. Their world is tough. Countless working hours, low pay, myriad emotions, and a light at the end of the tunnel. Sounds just like residency, right?

Now I know the idea of doing another residency doesn’t sound that great, but it’s possible. You’ve already survived one. Many even more than one or a fellowship. You have the power to do another if you wanted."

Pranay Parikh is a hospitalist and can be reached at his self-titled site, Pranay Parikh.

He shares his story and discusses his KevinMD articles, "Doctors make bad entrepreneurs" (https://www.kevinmd.com/blog/2020/09/doctors-make-bad-entrepreneurs.html) and "Doctors make great entrepreneurs." (https://www.kevinmd.com/blog/2020/09/doctors-make-great-entrepreneurs.html)