The Money Blog

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What really is an asset? #finance May 06, 2021

In an earlier article, I asked you to calculate your net worth by subtracting your liabilities from your assets.

 

What is an asset? The simplest definition is an object or financial product...

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True focus is the secret to your success delegate focus time management Apr 29, 2021

Years ago, I attended a seminar on focus, wondering what the big deal was and how someone could be a “focus specialist”. 

 

The speaker started by asking how many key roles...

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How to “turn off” #self care balance Apr 22, 2021

As I mentioned in a previous communication, many of us feel that we are “always on” and accessible to our personal and practice networks.

 

I love my smartphone and consider it...

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This is why you can find yourself in conflict with your clinic manager #practice management Apr 15, 2021

I once had a nursing manager that started as an ideal worker whom I promoted up the ranks. As time moved on and I continued to expand and innovate the processes of the clinic, I felt more and more...

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Not quite a crystal ball (but still pretty good) #finance #investment #personal finance Apr 08, 2021

In an earlier post, I discussed taking stock of our current financial lives by setting up an annual calculation of net worth.

 

This week, I want to encourage you to glimpse at your financial...

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These 4 Cs are the vital signs of your practice medical practice practice management Apr 01, 2021

In our daily clinical practice, we check our patients’ vital signs all the time. What about “checking the vitals” of your own practice? 

 

Just like for human beings,...

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Do you feel like you’re always on? balance feierabend work and play Mar 25, 2021

One of the central themes we cover at Physician Empowerment is the notion that many of us, regardless of practice background, always feel that we are “on”. 

Whether this is...

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Are you delegating or abdicating in your practice? delegate leadership practice management Mar 18, 2021

Most of us understand that we should delegate most tasks for maximum efficiency and throughput except the ones that only we can perform. However, the most common mistake of Delegation is...

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Do you know where you stand financially? #finance #financial goals #personal finance Mar 11, 2021

One of the most fundamental exercises in personal finance is an annual calculation of household net worth. 

Typically, in the summer following our household’s corporate year ends, I stop...

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What are the 3Qs that determine life success? degrees grading measure of success medical professionals quotients Mar 04, 2021

The academic and professional worlds measure success almost exclusively on IQ (a.k.a. Scholastic Intelligence) with yardsticks like:

  • GPAs 
  • degrees, 
  • titles, 
  • academic positions,...
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Working from home - Is it working for you? household pandemic work from home Feb 25, 2021

The pandemic brought immense changes to our practices. Whether we are hospital or clinic-based, many of us are working more hours at home. While this may not always entail video-based clinics, we...

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Triple A ratings of your practice data medical practice patients physicians ratings Feb 18, 2021

Whether we like it or not, we physicians are being rated everyday either individually or as a profession-- from the popular RateMD website which many patients frequent, to PAR (Peer Assessment...

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