Physician Empowerment Resource Blog

Episode 08 - Human Centered Design and Tools for Change

Uncategorized Nov 30, 2022

Episode Notes

Dr. Kevin Mailo welcomes Marlies van Dijk, founder of Alberta Health Services Design Lab and Lead of The Pivot Group, to the podcast to talk about human centered design and how to truly innovate for change in health care.

 

Marlies felt a restlessness in her nursing career that became the realization that she couldn’t influence the change she wanted in the places she was working. She moved jobs a lot, constantly innovating, and then came up on human centered design thinking and started the Alberta Health Services Design Lab. Marlies truly desires innovation that affects change in real ways.

 

In this episode, Dr. Kevin Mailo and guest Marlies van Dijk discuss what the three box solution to effective innovation looks like, why true change must prepare to bump up against organizational inertia, and how Marlies balances delivering results in her day job while pushing for new change on the side. She addresses how to safeguard time, why not joining...

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Episode 07 - Hospital Conflict Resolution

Uncategorized Nov 14, 2022

Episode Notes

Dr. Kevin Mailo welcomes Dr. Mandy Brisebois, physician and Certified Health and Wellness Coach, to the show to address the reality of interpersonal conflict and how to resolve it. Dr. Brisebois specializes in helping practitioners work through conflict and shares her experience with listeners. 

 

Dr. Brisebois clarifies that conflict is the end result of missing the boat on necessary steps that come beforehand. She identifies that communication, collaboration, aligned expectations, and knowing each other’s goals are all conversations that should be happening amongst colleagues in order to avoid clashes. However, knowing how to resolve conflict when it does arise is vital, especially in pandemic times of stress and overwork.  

 

In this episode, Dr. Kevin Mailo and guest Dr. Mandy Brisebois discuss how to address conflict or tense exchanges in the moment, with Dr. Brisebois offering ways to change how we think about the exchange and how...

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Episode 06 - Leadership as an Antidote for Burnout

Uncategorized Oct 30, 2022

Episode Notes

Dr. Kevin Mailo welcomes Past President of the Canadian Medical Association (CMA), Dr. Katharine Smart, to the podcast. Dr. Smart shares how leadership roles can enhance the success of wellbeing within our careers. 

 

Dr. Smart details how the child health program she spearheaded in the Yukon came to be, and explains how wellbeing for patients and physicians alike is balanced in her program. She carries a lot of passion for the work and is a passionate person by nature. This passion helped Dr. Smart when she became the President of the CMA just as the pandemic was getting extremely difficult. Her authenticity is what she carried into that role, and as she advocated for colleagues she worked to state clear facts and distill where things were truly at.

 

In this episode, Dr. Kevin Mailo and guest Dr. Katharine Smart really dive into what wellness looks like for physicians in the dark time healthcare is currently experiencing. Dr. Smart believes that...

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Episode 05 - Med School Dropout

Uncategorized Oct 15, 2022

Episode Notes

Dr. Kevin Mailo welcomes Dr. Nour Khatib, emergency physician and speaker, to the show to talk about her journey through finance and medicine. Dr. Khatib explains why he introduces her as a “Med School dropout” and shares how both her career backgrounds are valuable to her.

Dr. Nour Khatib divulges that in her first year of medicine at McGill she experienced burnout and spoke to administration who gave her a year off. During that year she enrolled in business school and ended up with a financial job at Pratt and Whitney. However, she returned to McGill several years later despite enjoying her financial job and she explains why to Dr. Mailo.

In this episode, Dr. Kevin Mailo and guest Dr. Nour Khatib discuss why learning something other than medicine can be a very powerful personal growth experience, the importance of the advice to “pay yourself first”, and why self care and personal wellness are such key components of a successful career as a...

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Episode 03 - Investing and Delegating

Uncategorized Sep 30, 2022

 

Episode Notes

Kevin Mailo, co-founder of Physician Empowerment, talks with another fellow co-founder, Dr. Dimitre Ranev, about finance and investing. Dimitre is also co-host on the Primary Medicine podcast and along with being a practicing physician, gives talks on stocks, tax planning, and the like.

Dr. Ranev acknowledges that he wasn’t always knowledgeable about financial health. He credits Kevin with spurring him into the initial research which is when he discovered he had an affinity for it. He invests in equities, crypto, and is looking at moving into real estate as well. While he manages his portfolio himself, he stresses that not everyone is equipped to do so or will enjoy it.

In this episode, Kevin Mailo and Dimitre Ranev discuss the journey towards financial savvy and how wealth is about more than simply money. While Dimitre enjoys managing his own finances, Kevin does not, and they encourage anyone who would rather not stress about their investing to delegate...

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Episode 04 - Banking and Portfolio Management

Uncategorized Sep 30, 2022

Episode Notes

Dr. Dimitre Ranev, one of the co-founders of Physician Empowerment, hosts the show this episode to talk with guest Rod Burylo about financial advice, banking, and fiduciary duty. Rod Burylo is an expert in the industry, Chief Financial Officer of the Empowerment Office, and the author of “The Wealthy Buddhist”, and shares a wealth of insight with listeners.

Rod Burylo defines some of the roles that exist within the financial industry, helping to clear up confusion surrounding the types and quality of advice available to consumers. He breaks down exactly what it is that differentiates a personal banker from an investment advisor from a portfolio manager.

In this episode, Dr. Dimitre Ranev and guest Rod Burylo explore the advisor options that exist in the financial industry for professionals like physicians. Rod defines and explains what fiduciary duty means and who in the industry actually has it. He demystifies the role of portfolio managers and explains...

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Episode 01 - The Three Dynamic T’s of Success

Uncategorized Sep 30, 2022

  

Episode Notes

Kevin Mailo, one of the co-founders of Physician Empowerment, talks with fellow co-founder Dr. Wing Lim about wealth mindsets. They explore not just financial health, but personal and practice-oriented wealth habits that lead to greater well-being and sustainable growth. 

Dr. Wing Lim, founder of Synergy Wellness, references a wakeup call he received from his mentor, Dr. George, in the form of the question “How would you like to make 100% of one person versus 1% of 100 people?”. This led Dr. Lim to what he calls a “brain decompression” that has informed the wealth mindset journey he’s been on ever since. 

In this episode, Kevin Mailo and Wing Lim discuss a 100 year old concept called The Three Dynamic T's of Success, which they currently host a masterclass on. The three T’s are time, talent, and treasure, and Wing Lim breaks down how each T is key to success. If you can learn to manage time, talent - people,...

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Episode 02 - Growth Mindset

Uncategorized Sep 30, 2022

 

Episode Notes

Kevin Mailo, co-founder of Physician Empowerment, talks with fellow co-founder Dr. Wing Lim about having a growth mindset and allowing yourself to not be an expert in everything. Dr. Lim shares how CBE - Continuous Business Education - is a cornerstone to his success and to what Physician Empowerment seeks to share with others. 

Dr. Lim discusses how a conference he attended was the first place where he was challenged to step outside the need to know it all. At that conference, attendees were challenged to tell themselves “I’m an idiot outside of my own field” as a way to open themselves to learning from others who are experts in different fields. That ability to access humility is necessary for a growth mindset and personal empowerment. 

In this episode, Kevin Mailo and Wing Lim explore how Continuous Business Education includes surrounding yourself with professionals in other areas who can build on expertise in fields that are not...

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Using fear to fuel decision making

Fear is a deeply ingrained part of the human condition and a survival tool for our evolution.

In today’s world, we don’t need to rely on fear as much as our ancestors did to avoid injury, disease, and predation; yet fear-based decision-making often seeps into many of life’s mundane choices.

This fear can present itself in the form of worrying about embarrassment, failure, or lost time and money. It can also prevent us from taking on new opportunities that could lead to increased happiness, wealth, or career advancement.

Whenever I am confronted with a new project or considering a new opportunity that scares me, I like to pause to prioritize my higher goals.

  • I reflect on my fears and acknowledge what I’m feeling, but I try my best to not let worry overshadow my logic.
  • I challenge myself to forge ahead and overcome my fear.

This isn’t innate courage, and I am not always successful. It’s a practice that I continue to develop through intentional...

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A balanced approach to investing

Uncategorized Jun 23, 2022

There is a saying that can help you tell the difference between pessimist and optimist investors, it goes: “A pessimist is an optimist with experience.”

Investing can be a powerful generator of wealth but it also carries with it great risk.

For example, in real estate investing, you need to consider cost overruns, vacancies, interest rates, and the broader forces influencing the economy.

Equities hold even more uncertainty when you are one retail investor amongst millions, and while a meticulous proforma can improve decision-making, there will never be a line on the spreadsheet saying jump!

An optimistic investor is usually quick to act and doesn’t let setbacks hold them back.

A pessimistic investor will be overly cautious and will expect downward swings from doing the research.

An optimist is energized by positivity, and open to fresh opportunities.

A pessimist is better prepared to deal with risks.

Successful investors rely on a blend of both traits, also known...

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