Physician Empowerment

Doctors Kevin Mailo and Wing Lim join forces to talk about the “d word” that isn’t talked about enough: delegation. They lead a discussion explaining why we need to move away from assuming we know everything there is to know and instead embrace the expertise of others to achieve the best results. And how delegation is the key. Dr. Mailo and Dr. Lim break down what can and can’t be delegated out. There are crucial tasks that only we can do and must continue doing, but there are plenty of other tasks we don’t need to be spending our personal resources on tending to. They talk about the difference between delegation and abdication because very different results emerge from adhering to the wrong one. Dr. Wing Lim shares a checklist on how to do delegation the best way, with clear instructions and expectations keeping everyone informed on their part of the equation. This is an episode that’s key to freeing up our time by ensuring that we do only those tasks which require us and that we responsibly delegate the tasks that don’t need our direct involvement. –About Dr. Kevin Mailo:Kevin is an emergency physician based out of Edmonton, Alberta. He is known for his highly engaging teaching style that breaks down complex topics into memorable experiences. Kevin cares deeply about the long-term wellness of the medical profession and wants to see physicians and their families succeed personally and financially.About Dr. Wing Lim:Apart from his clinical & teaching roles, Wing has extensive experience in Practice Management and Business Development. He is passionate about sharing his extensive knowledge & experience (both clinical & business) with others in various settings, from his clinic mentoring younger colleagues, to churches, senior groups, ethnic functions, radio broadcasts, retreats, seminars, and national conferences.–Physician Empowerment: website | facebook | linkedin--TranscriptDr. Kevin Mailo: Hi, I'm Doctor Kevin Mailo, one of the co-hosts of the Physician Empowerment podcast. At Physician Empowerment we're dedicated to improving the lives of Canadian physicians personally, professionally, and financially. If you're loving what you're listening to, let us know! We always want to hear your feedback. Connect with us. If you want to go further, we've got outstanding programing both in person and online so look us up. But regardless, we hope you really enjoy this episode. Dr. Kevin Mailo: Hi. Uh, it's Kevin again on the Physician Empowerment podcast. And, of course, we've got Wing here joining us. And today's topic is very near and dear to my heart because it has taken me a long time. To develop this skill because I was very much in the micromanaging, do it yourself space. And it's been not only, I think for myself, you know, in terms of life being less stressful, but it's also been really a lot of fun because as you expand your network, you begin to broaden your horizons, see things through other people's eyes, and grow as a person. And what I'm getting at here, and I didn't use the D word yet, is delegation. And that's what's so powerful in improving our lives. So in an earlier episode on the podcast, we talked about time management. And one of the keys to time management is being able to either automate a task and streamline its process, or hand off to somebody that you trust, who maybe you've even invested some time in training up, let's say if it's a medical office assistant. So today, Wing is going to be exploring the power of delegation in our lives. Because again, you know, Wing, you've achieved so much in the space of real estate practice building while maintaining a robust and happy family life. And I would venture to guess a big part of that success has been through delegation. Dr. Wing Lim: Yeah. Delegation doesn't come easy. So let's go deeper. And this one is not going to be a talk, Kevin and I, we're just going to chat on this. The delegation, I think we all talk about the D word, right, but deep down we don't want to. We really don't want to because we trust ourselves. Right? And this is a recurring theme at Physician Empowerment. The biggest enemy of freedom may be the guy in the mirror. Because we have so many years of education and processes and because lives are at stake. Mistakes are costly to other people and to yourself. So we tend to just do it, right, and they say, if you want to do it right, do it yourself. And so years after years, post-graduate training, residency, one fellowship and all that, teaching you that you are it, you're the expert. And so you have to do it right. And because of that, we have this intrinsic trust in ourselves. And some of us become very egotistical, giant ego, and even the God-like syndrome. Right? And we don't trust anyone. So as a result, it's very difficult for medical professionals to actually delegate. I'll give you an example. There are people who would rather take the, I have colleagues that would take the blood pressure themselves, like on a patient,

In this insightful episode, Dr. Kevin Mailo and Dr. Wing Lim engage in a profound conversation about self-control in time management. The discussion unfolds with a reflection on the evolution of time management concepts from one-dimensional to multi-dimensional approaches.Dr. Wing Lim introduces the audience to the Franklin Covey time management matrix, emphasizing the importance of not just handling urgent tasks but also allocating time to nonurgent yet crucial activities. He delves into the concept of significance, urging listeners to consider the long-term impact and purpose behind their actions.The episode further explores the notion of creating more time tomorrow by investing time today. Dr. Wing Lim introduces the concept of a "permission funnel," comprising permissions to eliminate, automate, delegate, procrastinate strategically, and concentrate on essential tasks. The episode concludes with a powerful reminder of the preciousness of time and a preview of future discussions, including an upcoming episode on delegation—a key component of effective time management. Overall, the conversation serves as a guiding light for physicians looking to regain control of their time and live a more purposeful and fulfilling life.About Dr. Wing LimIn 1993, Dr. Wing Lim embarked on his journey as a family physician, facing immense challenges in his first year. Despite putting in 100-hour workweeks, financial struggles, a receptionist issue, and the threat of eviction were formidable obstacles. Rather than retreating, Dr. Lim embraced these challenges, teaching himself Practice Management and transforming his approach.This resilience and newfound expertise turned his practice from that of a struggling "lone wolf" to the founder of one of Alberta's largest medical clinics. Dr. Wing Lim's story is a testament to overcoming adversity, highlighting the transformative power of learning and adaptation in the dynamic landscape of healthcare.Resources discussed in this episode:Stephen Covey: StephenRCovey7 Habits of Highly Effective People: franklincovey.comDragon Dictate: dragondictations.orgRory Vaden--Physician Empowerment: website | facebook | linkedinDr. Wing Lim/Synergy Wellness Centre: website | linkedin | Synergy Wellness Centre--Transcript:Dr. Kevin Mailo 00:01Hi, I'm Dr. Kevin Mailo, one of the CO hosts of the Physician Empowerment Podcast. At Physician Empowerment, we're dedicated to improving the lives of Canadian physicians, personally, professionally, and financially. If you're loving what you're listening to, let us know, we always want to hear your feedback, connect with us. If you want to go further, we've got outstanding programming, both in-person and online. So, look us up, but regardless, we hope you really enjoyed this episode. Dr. Kevin Mailo 00:35Hi, I'm Dr. Kevin Mailo, one of the CO hosts of the Physician Empowerment Podcast, and you guys probably already know that, because that's how I introduce myself every single time I'm on the show. And today, I've got my fellow co-host, Dr. Wing Lim, and again, I think most of you know who Wing is and what he does. And he's the one that leads our master class and does a phenomenal job teaching the ins and outs of high-level tax planning, wealth creation strategies, real estate investing. But there's a lot here with Wing. And that's why I look to you Wing like a mentor because I've learned so much from you, in so many facets of my personal and professional life. And one of the things in my personal life that I learned from you is the notion of time management. And so that's what we're going to cover today. And I'm very interested to hear your thoughts on how it is you've achieved so much in real estate development, full-time practice, a family, travel, you've done so much. And a lot of this comes down to not only goal setting but time management. So, why don't you talk and share some of your thoughts on this? Because I'm very interested to hear about it. Dr. Wing Lim 01:49Yeah, thank you, Kevin, for a very kind introduction. And I say when people talk up on you, you wish you would live up to it. And so I love doing this because every time we share with our colleagues, we're more alike than different whatever your specialty, and now listenership is not just in with MDS, right, they're out of medical professionals that they're dialling in. So, we all dealt with this problem that we're time broke, right? And at first time I heard this term, this is like 25 years ago, maybe, what does time property mean? Well, because there are people who trade time for money, and that's us, right? We trade time for money. You don't have trade time, you have no money, right? So, you keep trading time for money. And then the problem is, then very soon, you run out of time, right? So, you and I went through gruesome training, we all did, right? 120 hours way back residency, when we did one in two calls, one in three calls, 36 hours straight. Right? And even when I started my practice

Dr. Wing Lim invites Graham Koehler, an expert in flow-through shares and VP of Business Development focused on flow-through since 2010, to the show to explain what flow-through is. Not only does Graham define flow-through shares, but he also explains their amazing tax benefits, potential risks, and who they work best for.The flow-through program was developed by the Canadian government to help resource companies raise capital to explore for minerals to mine. The original program was developed with a main credit called the Canadian Exploration Expenses credit (CEE). Graham goes into detail about how the CEE differs from an RSP or TFSA and then explains the additional tax credits available to investors on top of the original CEE. He shares a partial list of the critical minerals that qualify, how flow-through shares work, potential tax deduction numbers, and the inherent risks worth considering. This is a fireside chat introduction to the opportunities of flow-through shares so we can all ask informed questions of our tax accountants and advisors.--Physician Empowerment: website | facebook | linkedin--TranscriptDr. Kevin Mailo: [00:00:01] Hi, I'm Dr. Kevin Mailo, one of the co-hosts of the Physician Empowerment podcast. At Physician Empowerment, we're dedicated to improving the lives of Canadian physicians personally, professionally, and financially. If you're loving what you're listening to, let us know! We always want to hear your feedback. Connect with us. If you want to go further, we've got outstanding programing both in person and online. So look us up. But regardless, we hope you really enjoy this episode. Dr. Wing Lim: [00:00:35] Okay, so welcome everyone to another exciting episode of Physician Empowerment, a live webinar series, and we talk about highly relevant topics. We interview interesting people on interesting topics that will help our physicians and medical colleagues live better lives. So we're not just physicians, we're physicians and other health professionals like dentists. And so we're really excited to have you join us tonight. And this, of course, becomes an evergreen podcast. So you can go back on. So let me introduce tonight our guest. Our guest is Graham. And Graham has been in the space of flow-through shares since 2010. So he's a Canadian living in Kelowna. But he's now talking to us from Huatulco, Mexico. And so we want to cover this topic, I've done three shares actually since 2012, and full disclosure, I actually bought it from from this company. And I really trusted them to have really, really good track record. So Graham's role is the VP of Business Development of the excellent capital in one of their flagship flow-through shares. So tonight it's a fireside chat to warm everybody up. What is flow-through, right, the history. What is about and how does it impact us as medical professionals? So without further ado, Graham, thank you for joining us from Huatulco in the midst of your holiday. Graham: [00:02:07] No problem. I'm really happy. I mean, quite frankly, Wing, I would always come on board when you ask. And I'm always thrilled to talk about this program because I've seen how it can help people save significantly on taxes in Canada, especially professionals. So I'm always happy to participate. Dr. Wing Lim: [00:02:27] Right now. So why don't you first walk us through? Because a lot of people have heard of it or haven't heard of it, but the knowledge base is almost zero. So walk us through what is flow-through share and why does the government creates such huge incentive like 100% plus tax write off? Graham: [00:02:45] I know, and, yeah, absolutely. When people get exposed to the flow-through, the government flow-through program in Canada for the first time, it's almost too good to be true scenario. But it is a, first off, it is a federal government program that's been around for a long, decades, quite frankly. And we'll talk about that and maybe why people haven't heard of it. But essentially the program was developed back in the 70s in its current form. So decades ago, because Canada, as we all know, is a resource rich country. We do rely heavily on our natural resources and always have in Canada. But the idea of companies going out to explore, what I call poke holes in the ground, to go out and poke holes looking for, you know, whether it's oil or gas or minerals of any kind, precious metals, gold, whatever the case may be, is risky business. These explorers, these Canadian wonderful explorers, go out there, typically on their own dime, looking for these resources and and hope they find them. Well, the truth is they sometimes don't and they're not successful. So it's risky. Exploration is risky business. So what the government, the federal government did back in the day was created a program to help these resource companies go out and explore, to raise capital, to raise money to do their business. So to help them raise capital from investors, which is typically where ca

Dr. Kevin Mailo welcomes board-certified family physician and obesity medicine specialist Dr. Megan Melo to the show. Megan has a coaching business, Healthier For Good, focused on transforming the lives of physicians through one-on-one or group coaching. Megan and Kevin talk about burnout, shame, and how physicians can learn to set boundaries and overcome perfectionism. Dr. Melo explains how perfectionism sounds benign and hardworking but is actually often shame avoidance. If we are perfect enough, we can avoid being shamed or called out. She talks about how that plays out in affecting the day-to-day lives of physicians. Megan and Dr. Mailo share stories from their own experiences and discuss what steps physicians can take to start pulling out of perfectionism and shame cycles. They address setting boundaries for self-care and why taking care of ourselves is such a vital aspect of being a physician. Megan offers coaching for physicians to help them achieve these goals, and this episode highlights some of the insights she has that can change lives for the better. About Dr. Megan MeloMegan Melo is a physician, board-certified in Family Medicine and Obesity Medicine, as well as a Certified Life Coach for physicians. She helps physicians struggling with burnout and overwhelm to feel better, including those who have been labelled "toxic" or "difficult" by their employers.Megan is on a mission to help physicians and other healthcare professionals heal from burnout and change their lives for the better. She does this through one-on-one and group coaching, as well as podcasting, blogging, and speaking to groups.Resources discussed in this episode:Ending Physician Overwhelm podcast--Physician Empowerment: website | facebook | linkedinDr. Megan Melo: website: HealthierForGood.com | linkedin | instagram--TranscriptDr. Kevin Mailo: [00:00:01] Hi, I'm Dr. Kevin Mailo, one of the co-hosts of the Physician Empowerment podcast. At Physician Empowerment we're dedicated to improving the lives of Canadian physicians personally, professionally, and financially. If you're loving what you're listening to, let us know! We always want to hear your feedback. Connect with us. If you want to go further, we've got outstanding programming both in-person and online. So look us up, but regardless, we hope you really enjoy this episode. Dr. Kevin Mailo: [00:00:34] Hi, everybody. I'm Dr. Kevin Mailo with Physician Empowerment, and I am very, very pleased to introduce you to Dr. Megan Melo. Megan is a board-certified family physician and obesity medicine specialist based out of Seattle, Washington, and she has an incredible coaching business focused on group as well as individual sessions called Healthier For Good. And the goal here is to transform the lives of physician clients who are coming through. And I think you've kind of got a focus, if I can describe it as that, Megan, on perfectionism. So why don't you tell us a little bit about your career journey to start with and how you got to this place, and then we'll get into today's topic? Dr. Megan Melo: [00:01:20] Yeah. So I grew up in a household of two nurses, and from a very young age I was like, I'm going to go be a doctor, right? And when you grow up that way, you get a lot of positive reinforcement. Oh, a doctor is a great thing to be. And oh, you sort of learn a lot of sort of people pleasing things along the way. And of course, socialized as a woman, we can throw that in there as well. Went straight from college to medical school and then into family medicine residency and did well, but was always kind of looking for gosh, like I wonder when things are going to feel better. And I remember my residency advisor would always be like, oh, second year is easier than first year, and third year is easier than second. And I was like, that doesn't seem to be true. I'm not sure why you keep telling me that over and over, because it seems like things are getting harder, more responsibilities, more people asking me to do things. But regardless, I graduated and went into practice doing pretty broad scope of family medicine for the United States. So I was delivering babies, doing clinical practice, occasional hospital medicine as part of teaching residents, and started a family at that point as well, pretty early in my career, and again, just had this experience of constantly looking for, When am I going to feel better? When is it going to get easier? When have I done enough that people will sort of start to ease off on all the things they're asking me to do? Along the way I picked up teaching in our family medicine residency, joined the faculty there, two kids by that point and life just kept feeling harder and harder, and I didn't know why and I thought it was me. I thought there was something wrong with me, that I don't feel happy. I feel like I'm constantly working harder and harder. And it never feels like enough. Dr. Kevin Mailo: [00:03:22] Wow. I think we can all relate to that. I'll sh

In this episode of the Physician Empowerment Podcast, Dr. Kevin Mailo engages in an insightful conversation with Christian Wigmore, a medical student at UBC and the mastermind behind Budget Your MD. Together, they illuminate the critical role of financial literacy within the realm of medical education and practice. The discussion spans pivotal topics such as navigating student debt, management of lines of credit, and the influence of interest rates.Christian introduces his business, Budget Your MD, a debt projection tool and visual aid that empowers medical students to foresee their financial trajectory across various scenarios. The discourse places a strong emphasis on cultivating balanced financial habits that harmonize with professional ambitions, family life and personal dreams. Christian envisions a future where financial education seamlessly integrates into medical curricula, fostering a supportive community for open financial discourse within the medical community. Such an initiative, he believes, will play a pivotal role in alleviating burnout issues among physicians, ensuring a brighter, more empowered future for the medical profession as a whole. By melding financial wisdom with medical expertise, Christian and Dr. Kevin Mailo discuss how physicians can work toward a more prosperous and balanced lifestyle in the world of healthcare.About Christian Wigmore During Christian's first year at UBC Medical School, he noticed the lack of financial education integrated into the curriculum. Recently completing his double degree in Business and Biology, the importance of financial literacy heading into medical school was top of mind. He thought… we will be running small businesses and managing our personal finances in 6 years. Understanding the basics of finance is crucial to ensure we don’t A) get taken advantage of by financial institutions and B) don’t end up losing all the money we make in the process. All this, and much more, led Christian to start Budget Your MD. He tends to think of it as a passion project that he is slowly building as he progresses through medical school. Noticing the topics and problems his colleagues are interested in at each stage in the game. Christian hopes to one day play an integral role in changing how finance is discussed in the medical field. To not avoid these conversations, but rather dig deep to help one another live our best financial lives as physicians (because if we’re being honest, our finances play a role in our health and wellness).--Physician Empowerment: website | facebook | linkedinChristian Wigmore/Budget Your MD: website | instagram | email |--Transcript: Dr. Kevin Mailo 00:01Hi, I'm Dr. Kevin Mailo, one of the CO hosts of the Physician Empowerment Podcast. At physician empowerment, we're dedicated to improving the lives of Canadian physicians, personally, professionally, and financially. If you're loving what you're listening to, let us know we always want to hear your feedback. Connect with us. If you want to go further, we've got outstanding programming, both in-person and online. So, look us up. But regardless, we hope you really enjoyed this episode. Dr. Kevin Mailo 00:34Hi, I'm Dr. Kevin Mailo, one of the CO hosts of the Physician Empowerment Podcast. And I have today with me, our guest on the pod, Christian Wigmore. And I'm not introducing him yet as Dr. Christian Wigmore, because Christian is a medical student at UBC. And he founded a very interesting venture called Budget Your MD, and I wanted to share it because Christian connected with me over social media, we got talking, we had one of those great phone calls that I think was supposed to be probably five or 10 minutes. And it wound up being like an hour or two talking life, talking dreams, talking finance, talking career. And then of course, Christian joined us at our conference in 2023, and it was amazing to meet him in person. And we've stayed in touch ever since. So, I'm very glad to have you here, Christian. I love your passion. I love what you're trying to do for your fellow learners but I think there's a lot of wisdom here for us going through our careers, like I'm a mid-career physician, and I love your message. So, tell us a little bit about like your background. Tell us a little bit about what you were doing before medical school. And what you did you know, once you entered medical school? Christian Wigmore 01:41Okay, well, first off, super glad to be here. I can think back to when I messaged you first on, I think it was LinkedIn. And I think I might have messaged like six or seven other people, no answers, but you answered me right away, and then we get on that phone call. And then off we go to the conference in May. It's been cool to get to know you. It's so yeah, super glad to be here. So yeah, my name is Christian. I'm a fourth-year medical student at UBC. My journey has been pretty centred around medicine to start. I knew kind of in high school, I wanted to do medicine, you go to uni

Dr. Kevin Mailo is interviewed by Physician Empowerment co-founder and co-host, Dr. Wing Lim, on the topic of dreams. Kevin once gave a talk on this subject at an accredited CME event in Mexico; about what dreams really are and why it’s so important to have them. And in this episode, he shares a bit of that talk. Wing asks Kevin to first define dreams and differentiate them from goals, which are not the same thing. Something Kevin says in giving his definition is that “dreams are what help us keep going forward in our lives despite the struggles”. That is part of why dreaming is such an intrinsically vital part of wellness and forward motion.In this episode, Dr. Wing Lim and Dr. Kevin Mailo explore dreams, dreaming, why we have dreams, why they matter, what dreams give to us, and what dreams offer the world at large. Dreams not only give meaning to our lives but give us the ability to enjoy the pursuit of them and to flourish in the journey toward them. This episode will shake you out of going through the motions, which is a source of burnout, and leave you inspired to dig deep to reconnect with your own dreams.—Contact Information:Physician Empowerment: website | facebook | linkedin __TranscriptDr. Kevin Mailo: [00:00:01] Hi, I'm Dr. Kevin Mailo, one of the co-hosts of the Physician Empowerment podcast. At Physician Empowerment we're dedicated to improving the lives of Canadian physicians personally, professionally, and financially. If you're loving what you're listening to, let us know! We always want to hear your feedback. Connect with us. If you want to go further, we've got outstanding programing both in person and online. So look us up, but regardless, we hope you really enjoy this episode. Dr. Wing Lim: [00:00:34] Well, welcome everyone to our next episode of podcast in Physician Empowerment. So I'm Dr. Wing Lim, I'm one of the co-founders of Physician Empowerment, and today I'm really glad to interview my co-host and co-founder, Dr. Kevin Mailo, who is an emerging physician out of Sherwood Park. And we're going to talk about a topic that he delivered in an accredited CME event in Mexico a couple of years ago. And it's about dreams, why dreams matter in your life, and how it ties into your wellness. So welcome everyone and welcome, Kevin. So why do you pick a topic like that? Strange topic, dreamy weamy stuff. Dr. Kevin Mailo: [00:01:16] Yeah, so this one actually, this was actually an accredited talk that I delivered when we, when we got invited to Mexico. And at first I was actually overwhelmed with this one. And today on the episode, I'm not going to go into it in its complete depth. There's a lot, a lot there. But boy, at first it was, like I said, overwhelmed. And I'm like, where do I start? And then I started and I just kept going and it was incredible. And this topic specifically represents really, I would say, my falling in love with Physician Empowerment, because in many respects, Physician Empowerment represents a dream for me to help transform the lives of Canadian physicians. But what was so powerful is that in this journey of teaching, I was forced to learn the material myself. I was supposed to take it. I was forced to take a very hard look at my personal life, my professional life, my financial life and making a lot of incredible change, and I'm just so much happier for it. And so this topic of dreams became very powerful for me because it brought a lot of focus into my life. And so, yeah, again, I could go on and on about about this, but yes, this was an accredited talk. You could claim main Pro Plus credits for it. Really far from blood pressure management. Really far. Dr. Wing Lim: [00:02:41] Manage your own blood pressure. Dr. Kevin Mailo: [00:02:42] Manage your own blood pressure. Exactly. By being better. Dr. Wing Lim: [00:02:45] So tell us. Tell us, Kevin, how does, why do our dreams matter to our wellness? Dr. Kevin Mailo: [00:02:50] Yeah. So. So dreams matter in our lives. And I'm not talking about goals, okay? Goals I'll get to later, that's a much narrower thing. Dreams are those things that we truly want that are part of our self actualization. Okay? Dreams are. When I think about a dream, I think about our life as a landscape. So I look at my life like it's a landscape. It's got hills, it's got paths, it's got fields, it's got forests, it's got mountains. It's got whatever in front of it. And on the horizon is a destination. That is a dream to me. That's the visual imagery I use to describe dreams, and that you can have multiple dreams in your life's journey, that you can walk across the landscape of your life, and you can go to all these vistas, all these points. All these locations, and each one represents a dream, right? So it's not one thing on the horizon. It's many things on the horizon. So dreams are what help us keep going forward in our lives despite the struggles, despite the setbacks, despite the monotony, despite the burn out, dreams end up being the thing that

Dr. Kevin Mailo welcomes back Dr. Sarah Smith as his guest to discuss the topic of sustainable clinical practice, what it means, and how to achieve it. In this episode, they discuss the struggles physicians face to organize their day, combat burnout, and take time off. Dr. Smith shares tactics she learned through her struggles as a physician in Australia and Canada and how she overcame them. Dr. Smith shares her best practices for physicians to manage their days, shift their mindsets, and set goals at a sustainable and manageable pace. You’ll hear the impact of small decisions, and little shifts can lead to big changes both in your personal and professional life. They also discuss ways physicians can feel more empowered and make proactive decisions to provide quality care and balance their own mental and physical health. About Dr. Sarah SmithDr. Sarah Smith is the Charting Coach for Physicians. She is a Rural Family Physician and Certified Life Coach through The Life Coach School. She helps physicians get their admin and paperwork done more efficiently to create time for the things they love. Dr. Smith has spent the last three years coaching hundreds of Physicians, over 1000 hours of coaching, in the specific area of “getting home with today's work done”.Resources discussed in this episode:Slim’s Cabins - SaskatchewanChartingCoach.caDr. Sarah Smith on LinkedIn—Physician Empowerment: website | facebook | linkedin—Transcript:Kevin 00:01Hi, I'm Dr. Kevin Mailo, one of the co-hosts of the Physician Empowerment Podcast. At Physician Empowerment. We're dedicated to improving the lives of Canadian physicians, personally, professionally, and financially. If you're loving what you're listening to let us know we always want to hear your feedback. Connect with us. If you want to go further, we've got outstanding programming, both in person and online. So look us up. But regardless, we hope you really enjoy this episode. Kevin 00:36Hi, I'm Dr. Kevin Mailo, one of the co-hosts of the Physician Empowerment Podcast. And I am very, very glad to have a returning guest, Dr. Sarah Smith joining us again. So for those of you that have been following the podcast, we had Sarah on in one of our earlier earlier episodes, talking about charting and boundary setting. And Dr. Smith is known as the founder of the Charting Coach. And, yeah, and it's an outstanding program where she helps Canadian Family Physicians truly manage their practice, and more importantly, get to a better place personally and professionally. So that we are not feeling overwhelmed, that we feel like we can manage our work and our lives and your episode, the last time was just so powerful. It really connected with a lot of people, I got a lot of positive feedback about it. And so I'm very, very glad to have you back again, Sarah, and why don't you tell us a little bit about what you do. And I'll just introduce the topic today, which is sustainable clinical practice. And I'll let you tell us what that means to you and what that should mean to the profession. Sarah 01:49Sounds good. Thank you so much for having me back. Yes, last time I was on, I did promise to come back and talk about sustainable clinical medicine. So I'm back. I am a family physician, rural in Alberta right now and originally from Australia. And you'll find out how I got to Canada if you have listened to the last episode. But this time, we're talking from a slightly different perspective. So I went and did the hard work to become a different doctor. So originally, I was in that pain of hours and hours after work evenings, weekends, charting, inbox paperwork as a busy family doctor, and this particular painful experience had followed me from an Australian practice to a Canadian practice. So it wasn't the country at fault. Kevin 02:41We’re looking at a global phenomenon. Sarah 02:43It wasn't the EMR. And it wasn't the government. It was a me problem. Kevin 02:47You're kind of an interesting test case, in that sense, Sarah, right, because I think we always view our issues as hyperlocal. But I do I myself do look at some of this data in health care across the western world. And you can see it, it's actually a global phenomena. That's there are many factors driving it. And I don't want to get into all of them. But you are the interesting test case, I don't know that anyone else has moved across the world, only to discover the problems… Sarah 03:17Followed me. Know, no, this was impossible, right? I thought this was the way right, sign up for family medicine, sign up for inboxes, sign up for never having a life, sign up for giving away my weekends. Like this is just what I expected. I asked every mentor along the way. How do I do this? And their answer was come in on Sunday, like that was the unanimous answer to my question that I'd had since residency. So the answers were not out there. And it was simply the listening to a general life coach at the time about, I can do impossible things, I can have a

Dr. Kevin Mailo interviews fellow Physician Empowerment co-founder and co-host, Dr. Wing Lim about entrepreneurship. Wing is an accomplished businessman, entrepreneur, and real estate investor in addition to being an excellent doctor, and he talks with Kevin about what it took to make his journey from Med School to where he is now. Wing recalls how risk averse he was when he initially graduated from Med School thirty years ago. He looks back and see how dramatically he has grown and changed and a lot of it had to do with mindset and learning how to develop the entrepreneurial side of being a physician. What physicians aren’t taught is how to manage the clinical side, the business, the “dark suit” side of their careers outside of patient treatment, often to the detriment of personal fulfillment and smooth-running clinics.In this episode, Dr. Kevin Mailo and Dr. Wing Lim address how physicians can encourage their entrepreneurial sides to grow. They talk about not being the know-it-all and becoming comfortable with being “the dumbest guy in the room” in new situations because it offers a chance to learn. Failure is part of growth as much as embracing dormant dreams and learning to feed other aspects of smarts besides simply intelligence. Kevin and Wing share their ambition to help all physicians realize their entrepreneurial sides through mentorship and Masterclass advice of the sort Wing offers in this episode. Resources Discussed in this Episode:Physician Empowerment Masterclass—Contact Information:Physician Empowerment: website | facebook | linkedin __TranscriptDr. Kevin Mailo: [00:00:01] Hi, I'm Dr. Kevin Mailo, one of the co-hosts of the Physician Empowerment podcast. At Physician Empowerment we're dedicated to improving the lives of Canadian physicians personally, professionally and financially. If you're loving what you're listening to, let us know. We always want to hear your feedback. Connect with us. If you want to go further, we've got outstanding programming both in person and online so look us up. But regardless, we hope you really enjoy this episode. Dr. Kevin Mailo: [00:00:34] Hi, I'm Dr. Kevin Mailo, one of the co-founders and co-hosts of the Physician Empowerment podcast. And on today's episode, I'm going to be interviewing my fellow co-founder and host Dr. Wing Lim. Wing is, as many of us know, is a very, very busy, ambitious dreamer within our profession. And it's truly admirable what you've done, Wing, over the years. And I thought that today we should explore a little bit about your journey, because when we look at you as, you know, an entrepreneur and a real estate developer and a highly successful clinician, there is a lot there. But I have the feeling that it hasn't always been the case, that you were something else when you started 30 some years ago. So with that being said, Wing, why don't you tell us about how you journeyed from being, you know, a physician to becoming a physician entrepreneur because we see that a lot in our Masterclass attendees. So a lot of our attendees in the Masterclass with Physician Empowerment are entrepreneurial. They're trying to build something, whether it's something they're building in real estate, building in their practice, we even have some that are kind of working more in a tech space. So it's really, really interesting to see how physicians come to this point of moving from being strictly a professional to being a professional who's also an entrepreneur. So tell us a little bit about your journey, Wing. Dr. Wing Lim: [00:02:02] Yeah, sure. So yeah, so I go to a local med school, went to U of A like 30 some years ago. And I just finished my 30th year of practice in family practice. So the journey is torturous. There are ups and downs and if you have a time machine and just bring me back to the me 30 years ago and just the present Wing and the Wing that is just out of practice, I think if you say this is going to be you in 30 years, I say that it's a lie. I couldn't even believe that, the metamorphosis is like unbelievable. Right? I was at a larval stage. Dr. Kevin Mailo: [00:02:41] You were just a little grub. Dr. Wing Lim: [00:02:44] I was just crawling on the space. Right? It's like the primordial soup. So where I was was I was risk adverse. I was diligent, hardworking, medical graduate, just like anybody else. But then life, life has its twists and turns. Right? Yeah. So to recap one of the stories is my preceptor had a really good faith in me more than I had faith in myself. He actually spent the money. He wanted to build a clinic. He spent all the money to put me in a clinic to start one, and I was just finishing my R2, right? And so he says, okay, Wing, I'll set you up. And then I told my wife, my newlywed, said, No, this is too, too scary, too risky. Starting a clinic from scratch, what if there is nobody coming in? Then we don't even have money to pay rent. And my very astute and pragmatic wife, some of you know her, Kitty, said that look yo

Dr. Kevin Mailo hosts Dr. Wing Lim interviewing tax lawyer Jason Pisesky, a Masterclass faculty member, about corporate structuring strategies and corporate tax planning. Jason pulls from a wealth of practical knowledge and experience to shed light on what to do and what to avoid with a PC. Dr. Wing Lim asks Jason to first explain the SBD, small business deduction, of $500,000 and strategies Jason advises around that amount. There are things to consider in how you structure your PC that will affect the SBD in the future, and Jason explains what those considerations are. Wing and Jason break down their discussion in ways that offer insight to physicians regardless of which career stage you’re currently in.In this episode, you’ll learn from tax lawyer Jason Pisesky how to set up PCs between spouses in similar career fields, or with partners, that offer the structure for corporate taxes. He breaks down why it may not be the best advice to invest everything into your PC, things to consider for future sale options, and when to start a trust if you want one. Above all, Jason shares that investing and structuring with intention is the best way to plan ahead and advises talking to a professional if you haven’t started tax planning yet. About Jason Pisesky (masterclass faculty):Jason’s practice covers a broad spectrum of taxation law matters including corporate, personal, farm and estate tax planning as well as representation in dispute resolution and litigation mattersJason has worked with small and medium-sized owner-managed operations to reorganize structures in a tax-efficient manner, acting as counsel for vendors and purchasers in arm’s length deals as well as families in the midst of related party estate and succession planning. He has argued on behalf of taxpayers in many contexts and obtained favourable results for taxpayers from auditors, appeals officers and lawyers at the Department of Justice. Jason has appeared before the Alberta Court of Queen’s Bench.Resources Discussed in this Episode:Physician Empowerment Masterclass—Contact Information:Physician Empowerment: website | facebook | linkedinJason Pisesky: linkedin __TranscriptDr. Kevin Mailo: [00:00:01] Hi, I'm Dr. Kevin Mailo, one of the co-hosts of the Physician Empowerment podcast. At Physician Empowerment, we're dedicated to improving the lives of Canadian physicians personally, professionally, and financially. If you're loving what you're listening to, let us know. We always want to hear your feedback. Connect with us. If you want to go further, we've got outstanding programming both in-person and online. So look us up. But regardless, we hope you really enjoy this episode. Dr. Kevin Mailo: [00:00:34] All right. It looks like we've got everyone here. I am so sorry. Three years into everybody using Zoom, I still struggle with it, but we are slowly, slowly getting there. So at any rate, I want to thank everybody for joining us for the webinar tonight. I'm Kevin Mailo, one of the co-founders of the Physician Empowerment podcast. And our programming, as you know, we cover a wide spectrum of topics and today we are very, very glad to have Jason Pisesky returning back on the webinar, back on the show, to talk about tax hacks for busy physicians, busy medical professionals. And what we're going to be covering today is corporate structuring, one of the most powerful wealth creation vehicles that physicians enjoy in this country is the ability to be incorporated, to set up holding corporations. But it has to be done properly. And that's why we're bringing in an expert. So Jason is a tax attorney who works with KPMG. He is a KPMG tax attorney. And so he has an incredible, not only knowledge base, but a whole well of experience to draw on. So I'm going to be stepping back and Wing's going to be interviewing Jason. And if you like what you're hearing, you want to know more, come and join us for the Masterclass because this is what we teach. And Jason, of course, is one of our faculty members. So again, thank you, everyone, for being here tonight. And why don't I let you take it away, Wing? Dr. Wing Lim: [00:02:02] Okay. Thank you, Kevin. Yeah. So welcome, everyone, to tonight's exciting episode. I'm Dr. Wing Lim. As most of you know me, some of you don't. I'm one of the co-hosts and co-founders of Physician Empowerment. So Jason and I went back quite a while. For those of us that haven't met Jason yet or haven't listened to a previous podcast, Jason and I went back, we were classmates on the dance floor and he was a really nice dude. He was openly admitted to be the teacher's pet. The teacher, the dance teacher, said that. He's a super nice guy with he doesn't have an ego problem. And a number of years later I went into some corporate tax planning pickle and then I dialed up his phone number and said, Hey, Jason, I think you're a lawyer, right? I think you can help me. So that's how we started to talk about a lot of these fancy corporate structuring that that

Dr. Wing Lim interviews Physician Empowerment co-founder and frequent co-host Dr. Kevin Mailo on the subject of burnout. Kevin addresses how the language we use for recovering from burnout makes us sound like a drained battery and reminds us we are not simply vessels that are either full or empty. He discusses building daily wellness and resiliency. Dr. Mailo resists the language that makes us sound like fuel tanks and instead shares his vision of each of us being a great oak tree that can withstand storms, drought, and pesticides without breaking. That is the image he uses when he teaches wellness: the notion of us as growing living beings, needing daily nourishment, not just a refuel when we are empty.In this episode, Dr. Wing Lim and Dr. Kevin Mailo talk about the very real stresses of physician’s careers and how frequent burnout truly is. They address the need to be honest about our needs, about needing time off, or cutting back on hours. Kevin reveals the three selves that need to be nourished in balance: the personal, professional, and financial selves. He has some ideas on how to both do more to achieve constant growth and self-care, and also how to do less in order to rest. This episode is vital for understanding the importance of cultivating resiliency and healthy boundaries.About Dr. Kevin Mailo:Kevin is an emergency physician based out of Edmonton, Alberta. He is known for his highly engaging teaching style that breaks down complex topics into memorable experiences. Kevin cares deeply about the long-term wellness of the medical profession and wants to see physicians and their families succeed personally and financially.Resources Discussed in this Episode:“YOU as the most important investment” mini-course by Dr. Kevin Mailo—Contact Information:Physician Empowerment: website | facebook | linkedin __TranscriptDr. Kevin Mailo: [00:00:01] Hi, I'm Dr. Kevin Mailo, one of the co-hosts of the Physician Empowerment podcast. At Physician Empowerment, we're dedicated to improving the lives of Canadian physicians personally, professionally, and financially. If you're loving what you're listening to, let us know. We always want to hear your feedback. Connect with us. If you want to go further, we've got outstanding programming both in-person and online. So look us up. But regardless, we hope you really enjoy this episode. Dr. Wing Lim: [00:00:34] Okay. Welcome everyone, to our episode of Physician Empowerment. I am Dr. Wing Lim. I'm a family physician, one of the co-founders of Physician Empowerment, and we're really glad to interview my partner and co-founder, Dr. Kevin Mailo, emerged out of Sherwood Park as well. And today we're going to talk about a topic that he presented in Mexico. This is back in 2021, 22. We brought in the New Year at that time, Kevin, right? So we had a lot of fun. And this topic that you presented was very well received and there was a lot of echoing from the depth of people's souls. So we'd like to bring this up. And the topic is you're more than an empty vessel. So Kevin, tell us why you had that name as a topic. Dr. Kevin Mailo: [00:01:19] So if you want to get down to sort of what we're going to be covering in brief today, this is not by any means the comprehensive discussion that I had during our time in Mexico. Thankfully, we're not going to spend that much time. But it's the notion of burnout. Right? And one of the first things that I came to realize in the current model of physician wellness, and occupational wellness in general, is this idea of burnout being that you are some kind of empty vessel, right? Like how many times do we hear that imagery kicked around in wellness circles of you are some kind of fuel tank that runs out of fuel or you are a battery that runs out of power. And somehow in the current model, when we get close to empty, we're supposed to do something dramatic or not so dramatic to refuel the tank to get better. Dr. Wing Lim: [00:02:18] Of course, that was not just our phone, even our car. It's got to be plugged in overnight. A zoom, two, three, four, five, six hours later, you're good as new. Dr. Kevin Mailo: [00:02:25] Exactly, right? But like, we're people. We're not electric cars. I'm not a Tesla. Okay? And frankly, that model is exhausted because when we think about the length of our careers, it has to be better than a pendulum or a yo-yo where you oscillate between being okay, you know, relatively full and empty. So that's why I titled the talk 'You are more than an empty vessel'. And so this is a Physician Empowerment concept in the notion of personal growth and resiliency. And in my opinion, it's a far more optimistic model of looking at physician wellness because burnout is only half the discussion. Yes. Is it a very real fact of life? You bet it is. We work extremely stressful jobs. We have one of the most stressful jobs in society. We deal with people's lives. And more than that, we make decisions that are, frankly, life and death. And it doesn

Drs. Kevin Mailo and Wing Lim host a webinar with guest Jason Pisesky, a tax lawyer. Dr. Lim takes the lead in interviewing Jason on an overview of tax hacks and advice that will form the contents of deeper focus in future Masterclass events. Jason Pisesky starts the conversation by discussing the financial incentive of tax deferral in having a PC. He highlights when a PC is most useful in a professional’s career journey along with when it is an advantage and when it may not be. But Jason’s biggest piece of advice is to be surrounded by, and work with, trusted professionals who can guide decisions correctly. In this episode, Dr. Wing Lim and Jason Pisesky wade into the shallow end of tax hack topics that will be covered in depth in the upcoming Masterclass. They discuss the benefits of having a PC, what to put in a PC and what to keep out of it, when a hold co or sister corporation is beneficial to form, the change in TOSI rules, how salary can work where split income no longer does, and many other insights and advice from Jason’s wealth of knowledge on all things tax-related. This is vital information to digest and will whet appetites for even deeper conversations in the Masterclass. About Jason Pisesky:Jason is a tax lawyer, whose practice background is extensive and includes personal and corporate tax planning as well as litigation and dispute resolution. Whether you are scaling up your practice or winding it down, proper coordination between a tax lawyer and your accountant can ensure you're doing it right.Resources Discussed in this Episode:TOSIPhysician Empowerment Masterclass—Contact Information:Physician Empowerment: website | facebook | linkedinJason Pisesky: linkedin __TranscriptDr. Kevin Mailo: [00:00:01] Hi, I'm Dr. Kevin Mailo, one of the co-hosts of the Physician Empowerment podcast. At Physician Empowerment we're dedicated to improving the lives of Canadian physicians personally, professionally, and financially. If you're loving what you're listening to, let us know. We always want to hear your feedback. Connect with us. If you want to go further, we've got outstanding programming both in-person and online so look us up. But regardless, we hope you really enjoy this episode. Dr. Kevin Mailo: [00:00:35] Hi, everyone. I'm Kevin Mailo, one of the co-founders of Physician Empowerment, and we're bringing another great webinar podcast episode to you. Today it's going to feature Wing interviewing outstanding tax lawyer Jason Pisesky, and Jason is an associate with KPMG, one of the world's preeminent accounting firms, one of the biggest in the country. And they're going to be talking about tax hacks for busy medical professionals. And this is just the start of how much there is to know. And we are following this up with our master class where we dive into these topics in a lot of depth. And I think it's important for Canadian physicians to be reminded of the fact that it is not just good enough to play offense, right? We're all out there, we're all learning and we're all working hard to, you know, make those returns in our investment portfolios. But a key part that's often neglected is long-term tax planning. And so this is our introduction to that because it can be worth hundreds of thousands of dollars over the course of your career, if not millions, depending on where you're at and how you invest. So with that being said, Wing, I'm going to hand it over to you and let you go at it. Dr. Wing Lim: [00:01:54] Sure. Thank you, Kevin. So Wing, I'm Wing Lim. I'm a family physician based out of Edmonton and I'm a co-founder of Physician Empowerment. And a lot of you know me. Some of you don't. And yeah, so so we're launching a new tax series at our Masterclass. And then today it's kind of like a content page, we'll run over a lot of concepts and it's meant to be an overview. So if there's something that kind of goes over your head, don't worry about it. It probably goes over other people's heads. But then instead of lecturing, we thought, it's better to do interview, right? And so Jason and I went back quite a bit and of all places, we met on a dance floor. And so my wife Katie and I and Jason and his wife, Amy, we were kind of dance classmates. And so it's been a number of years, right, that we knew each other as friends, I liked him right away. He was one of the dance teacher's pet, teacher's pet. The teacher actually said that. And then we became friends. And then a few years later I got stuck with a tax planning issue. I got like a dozen companies and the whole thing looked like a spider web. And it went to a tax accounting firm that was ready to skin me alive in fees. So I was unhappy. And I said, Jason, you're a tax lawyer, aren't you? And that's how we started, right? And he got me out in a pinch and we dove into a lot of really, really neat tax strategies. And then so we like to have a chit-chat, another fireside chat with Jason. So Jason is not just a nice guy on a dance floor. He is also a prom

Dr. Kevin Mailo welcomes Dr. Nour Khatib back to the show to share her insight into personal finance and finding happiness. Dr. Khatib has an MBA and worked in the finance sector before returning to medicine as an emergency physician, which has given her educational and practical knowledge on physicians and finance.Nour Khatib talks to physicians about burnout and wellness because, she said, digging into those topics made an impact on her and she wants to share that learning with her colleagues. Part of happiness is finance and she has some key pieces of advice to share. Advice for those just getting started, because it’s never too late to caretake your personal finances, but also advice for those already on their financial journey. In this episode, Dr. Kevin Mailo and guest Dr. Nour Khatib talk all about personal finance, from what incorporation means to compounding to diversification. Nour explains the time value of money, why everyone needs a team of experts to assist their financial aspirations, and how diversification can reach beyond the public markets into the public sector. The conversation is full of book recommendations, practical tips, and also real questions around what makes us happy and how finance is only one part of that equation.About Dr. Nour Khatib:Dr. Nour Khatib MD CM, MBA is an enthusiastic and dynamic emergency physician and financial professional with keen interest in Quality Improvement, Patient Education and Global Health. She completed her family medicine training at Sunnybrook Health Sciences Center and did further training in emergency medicine at the University of Ottawa (CCFP-EM). With extensive experience and a professional record as a financial and business analyst, Dr. Khatib has excelled in both international and local firms with determination, hard work, and resourcefulness. Utilizing a broad acumen in healthcare, finance and business practices, she aims to solve issues regarding the quality of healthcare and the patient experience.Resources Discussed in this Episode:Physician Empowerment “Episode 5: Med School Dropout with Dr. Nour Khatib”“Millionaire Teacher” by Andrew Hallam“The Wealthy Barber Returns” by David Chilton“Beat the Bank” by Larry Bates“The Value of Simple” John Robertson, PhD“The Millionaire Next Door” by Thomas J Stanley, PhD and William D Danko PhD“The Millionaire Mind” by Thomas J StanleyThe Happiness Lab with Dr. Laurie Santos podcast—Physician Empowerment: website | facebook | linkedinNour Khatib, MD CM, MBA: linkedin __TranscriptDr. Kevin Mailo: [00:00:01] Hi, I'm Dr. Kevin Mailo and you're listening to the Physician Empowerment podcast. At Physician Empowerment, we're focused on transforming the lives of Canadian physicians through education in finance, practice transformation, wellness and leadership. After you've listened to today's episode, I encourage you to visit us at PhysEmpowerment.ca - that's P H Y S Empowerment dot ca - to learn more about the many resources we have to help you make that change in your own life, practice and personal finances. Now on to today's episode. Dr. Kevin Mailo: [00:00:35] Hi everyone. I'm Dr. Kevin Mailo, one of the co-hosts of the Physician Empowerment podcast. And today I am absolutely honored and excited to have Dr. Khatib, Dr. Nour Khatib, joining us again for another great episode. And today Nour is going to be talking a little bit more about her financial journey and some of the fundamental aspects of finance that every physician, regardless of their stage of practice, needs to understand. And for those of you that do not know Dr. Khatib, she wears a lot of different hats. But the big thing is that she is a physician like us. She's an emergency physician, but she had a career before medicine. She practices not only in the GTA, but also northern Ontario in remote, and she does do some international work as well. Dr. Khatib also has.... well, maybe you want to describe it for us, Nour? Why don't I just, why don't we just break there and I'll let you just talk and share what you do, where you're at. Dr. Nour Khatib: [00:01:35] Thanks so much, Kevin. I really appreciate the introduction. And thanks for having me tonight. Dr. Kevin Mailo: [00:01:39] I'm not very good at these. Not when they get this long. Dr. Nour Khatib: [00:01:43] No. No. I thought you did great. Dr. Kevin Mailo: [00:01:44] Such highly accomplished guests on the show, so I'm just going to have to let you do it yourself. Dr. Nour Khatib: [00:01:48] You're too kind. You're too kind. So over the last couple of years, I also started speaking to physicians like myself about burnout and wellness. And I know you're all rolling your eyes because I did, too. But I really feel that it's something that's affecting all of us. And I decided just a few years ago to stop rolling my eyes at things that are labelled wellness or labelled well-being and really start to dig deep and try to learn what that means. And it really made an impact on me and I wanted to s

Dr. Wing Lim hosts guest Gaurav Sobti, Vice President at Create Commerical Mortgage Services, in a discussion about private versus public equity and real estate investing. Gaurav holds designations as CPA, CA, and CFA, and has a wealth of knowledge to draw from in shedding light on equity and what the average investor needs to know. Gaurav Sobti is the husband of a physician - he likes to joke that his parents wanted him to be a doctor so he did the next best thing and married one. He understands investments both from the financial point of view, his career, and from a physician standpoint as well. Gaurav defines a lot of terminology for Dr. Lim and offers insight into the markets and asset classes. In this episode, Dr. Kevin Wing explores the world of private versus public equities with guest Gaurav Sobti. They talk about the differences between public and private, the pros and cons of each, the differences in leverage and liquidity, and who to buy such funds from. Gaurav shares some important advice on what to investigate and what questions to ask when approaching an EMD (Exempt Market Dealer) or fund manager. This episode is a solid groundwork guide into the world of private and public equity and real estate as an investment from a financial expert.About Gaurav Sobti, CPA, CA, CFA Gaurav Sobti has 10+ years of financial services experience across real estate, investments, finance and accounting.Gaurav’s most recent formal role was with a national real estate finance firm where he was responsible for originating and underwriting commercial mortgage transactions with a specialty on CMHC insured (multi-family) financing. Prior to that, he spent 4+ years at a private investment fund which had a mortgage investment fund. Prior to that, Gaurav worked at Alberta Teacher’s Retirement Fund Board on the private investments team focused on private equity transactions. Gaurav was part of a top performing team that managed a $3Bn institutional grade portfolio. Gaurav started his career at Deloitte, one of largest accounting/advisory firms in Canada and worldwide.By training, Gaurav is a designated CPA, CA and CFA Charter holder. Gaurav is a licensed mortgage associate.Resources Discussed in this Episode:Gaurav Sobti on LinkedInCreate Commercial Mortgage Services—Physician Empowerment: website | facebook | linkedin __TranscriptDr. Kevin Mailo: [00:00:01] Hi, I'm Dr. Kevin Mailo and you're listening to the Physician Empowerment podcast. At Physician Empowerment we're focused on transforming the lives of Canadian physicians through education in finance, practice transformation, wellness and leadership. After you've listened to today's episode, I encourage you to visit us at PhysEmpowerment.ca - that's P H Y S Empowerment dot ca - to learn more about the many resources we have to help you make that change in your own life, practice and personal finances. Now on to today's episode. Dr. Wing Lim: [00:00:34] Well, welcome, everyone, on a Monday night, and it's always good to see you guys. And yeah, so Kevin there, me and Gaurav. So I'm Wing Lim, Dr. Wing Lim and this is Dr. Kevin Mailo and there's Gaurav, our guest. So welcome, everyone. There are other people who might pop in later. Yeah, so we're super excited to be hosting this one, this webinar, live webinar and etiquette as we record the show and so that you guys know it's being recorded. So yeah, I'm one of the co-founders of Physician Empowerment and what we do with the live webinar and the podcast is we interview interesting people on interesting topics that might help physicians live better lives. So we're here to do all that. And so tonight I'm super pumped to have Gaurav to be our guest. And Gaurav is interesting for many, many reasons and we'll dive right into it. But Gaurav is a physician's husband, so this is one of the spouses, but he's got a very diverse background. So maybe tell me or tell us a little bit about your immediate family or extended family, how you link into the physician community. Gaurav Sobti: [00:01:45] Sure. So thanks, Wing So I like to joke that, you know, I come from an East Indian background, lots of medical doctors in that from that background. And so my parents wanted me to be a doctor. So I did the next best thing and married one. And so, yeah, my wife, she's a family physician. She's been a family physician, I think since probably 2015 when she finished her residency. She works as she works out of a clinic. We don't run the clinic. She just works out of a clinic. And yeah, her family has a few, there's a few doctors and her mom's a doctor and so is, I think her, her cousins as well. Dr. Wing Lim: [00:02:23] Right. And then you got some on your side, right? Gaurav Sobti: [00:02:26] Do I? I'd have to think actually, I don't, I'm not sure actually if I have too many on my side. Dr. Wing Lim: [00:02:31] Right, yeah. But it doesn't matter, right? We're all regular people anyways, right? It doesn't matter what profession we are. So now pro

Dr. Kevin Mailo returns as host and welcomes Dr. Jordan Vollrath, physician and co-founder of Cherry Health, to the show to talk about how he created an innovative physician network. It started with just locums but Dr. Vollrath describes how far Cherry Health has expanded and how it helps physicians. Jordan Vollrath had only worked in clinical medicine for a brief time after graduating from his residency when contacts and ideas fell together in serendipity to create Cherry Health. He enjoys his clinical work, which he currently does very part-time at the Alberta Obesity Clinic, but saw a real opportunity to create a job connection network for Canadian physicians where one was currently lacking.In this episode, Dr. Kevin Mailo and Dr. Jordan Vollrath talk about how Jordan’s start in locum work led to the first iteration of Cherry Health as a locum network, how it quickly expanded to all manner of medical employment, Jordan’s vision for the future information hub that Cherry Health will be, and why such a network will transform physician’s lives for the better. This episode will pique your interest in Cherry Health and the connection opportunities available. About Dr. Jordan VollrathDr. Vollrath completed his medical school at the University of Alberta in Edmonton before going on to finish his Family Medicine residency at the University of Calgary.He has worked in a wide variety of both urban and rural clinical settings including ER and hospital based medicine. He is a co-founder of Cherry Health, a Canadian technologies company. In 2020, he was awarded the Joule Physician Innovation prize by the Canadian Medical Association. He has a passion for mental health and its relationship with weight outcomes.In his spare time, he enjoys being active and outdoors - skiing, camping, mountain biking and spending time with his French bulldog.Resources Discussed in this Episode:Jordan Vollrath, MD on LinkedInCherry HealthDoximity in the USAM3, Inc in JapanDoctors.net.uk in the UK—Physician Empowerment: website | facebook | linkedin __TranscriptDr. Kevin Mailo: [00:00:01] Hi, I'm Dr. Kevin Mailo and you're listening to the Physician Empowerment Podcast. At Physician Empowerment, we're focused on transforming the lives of Canadian physicians through education in finance, practice transformation, wellness, and leadership. After you've listened to today's episode, I encourage you to visit us at PhysEmpowerment.ca - that's P H Y S Empowerment dot ca - to learn more about the many resources we have to help you make that change in your own life, practice, and personal finances. Now on to today's episode. Dr. Kevin Mailo: [00:00:35] Hi, I'm Dr. Kevin Mailo, one of the co-founders of Physician Empowerment and one of our podcast hosts. And today I am very excited to introduce to you Dr. Jordan Vollrath. Jordan is a family physician based out of Calgary who has developed, if you haven't heard of it yet you will, Cherry Health, Which is an online platform, online app, that allows physicians to connect with different locum services. So, Jordan, why don't you tell us a little bit about yourself, where you are in your career, what you do right now clinically, and then share a little bit about your journey? Dr. Jordan Vollrath: [00:01:12] Yeah, for sure. So thanks for having me, Kevin. Glad to be here. It's an honor. But yeah, basically like right now I'm working at the Alberta Obesity Center, so I'm mental health specialist and really I'm only part-time there. So I'm doing about like one day a week on average of actual clinical practice. And then the rest of the week is working at Cherry Health. Dr. Kevin Mailo: [00:01:31] Awesome. Awesome. How many years have you been in practice? Dr. Jordan Vollrath: [00:01:34] I've been an adult since 2019, so we're coming up on like four here. Dr. Kevin Mailo: [00:01:38] You've been a grown-up for a few years now. Dr. Jordan Vollrath: [00:01:40] Yeah, yeah. We're getting older. Dr. Kevin Mailo: [00:01:41] You're like, you're like a pandemic baby. Dr. Jordan Vollrath: [00:01:44] Pretty much, yeah. Just before that I actually had like, a real job for about seven months, and that's when things started to shift. Dr. Kevin Mailo: [00:01:51] Yeah, there was a time when we didn't wear masks for every patient encounter. There was a time, Jordan. Dr. Jordan Vollrath: [00:01:57] I recall that briefly from residency. Yeah. Dr. Kevin Mailo: [00:02:00] Okay. Yeah, yeah, yeah. I suppose it would have been some residency in med school before then. Okay, so tell me a little bit about, okay, where did you come up with this idea and then what were the early steps that you took to build Cherry Health? Right? Because I mean, clearly I mean, you had an idea. How did you take those first steps? Dr. Jordan Vollrath: [00:02:18] So it evolved just out of solving selfishly, like a problem that I had for myself. So after graduating, I was working as a locum physician, so I was doing locums, you know, all around Calgary, Sout

Dr. Dimitre Ranev steps in to host Dr. Jordan Frey, plastic surgeon and writer of The Prudent Plastic Surgeon blog, on the show. Dr. Frey’s blog addresses finances and passive income for physicians which is what he and Dr. Ranev discuss for listeners. What side gigs are available and how are they found? Jordan started his blog as a passion project and for the first six to nine months did not monetize it to ensure he could maintain quality content. He shares how the audience grew quickly and monetizing it became an easy choice. It now provides him with a solid side income that he appreciates not just financially but because he enjoys writing the blog so much.In this episode, Dimitre Ranev and Jordan Frey talk about why addressing finances for physicians is not a taboo subject and should be more openly examined. Jordan explains the different sources of side income available to physicians, from blogs and podcasts to medical knowledge surveys, medical chart and insurance claim reviews, and of course real estate. Jordan provides real life insight into what each income stream requires and how to find one to pursue.About Jordan Frey, MDJordan Frey is a plastic surgeon specializing in microsurgery and breast reconstruction. His hope is to spread the principles of personal and financial well-being to other physicians, trainees, and people of all walks of life by sharing his journey on this pathway of fulfillment, purpose, and happiness. Jordan runs and writes for The Prudent Plastic Surgeon blog and is also co-founder of BeautyTune.me.Jordan lives in Buffalo, NY with his wife Selenid, a college professor, and three boys, Samuel, Emery, and Camilo.Resources Discussed in this Episode:Save the Date for May 6-7, 2023 in TorontoJordan Frey, MD on LinkedInThe Prudent Plastic Surgeon blog“Physician Side Gigs to Make You Passive Income” by Jordan Frey, MD, posted on MedPage Today December 16, 2021—Physician Empowerment: website | facebook | linkedin __TranscriptDr. Kevin Mailo: [00:00:01] Hi, I'm Dr. Kevin Mailo and you're listening to the Physician Empowerment Podcast. At Physician Empowerment, we're focused on transforming the lives of Canadian physicians through education in finance, practice transformation, wellness and leadership. After you've listened to today's episode, I encourage you to visit us at PhysEmpowerment.ca - that's P H Y S Empowerment dot ca - to learn more about the many resources we have to help you make that change in your own life, practice and personal finances. Now on to today's episode. Dr. Dimitre Ranev: [00:00:35] Welcome back, everyone, to the Physician Empowerment podcast. We have a very special guest today. It's Dr. Jordan Frey. He's a plastic surgeon based in Buffalo, New York. And he also runs a blog called The Prudent Plastic Surgeon, where he shares his financial journey and helps full-time physicians like us achieve financial independence. Tell me a bit about, Jordan, about the blog. You it started how many years ago? Dr. Jordan Frey: [00:01:00] It's been about two and a half years ago now. Yeah, And it started really at the end of the end of my fellowship. And I always joke, it was just, I was in a bedroom in Brooklyn because I did my training in New York City. My wife and kids had already moved to Buffalo, where I am now, as an attending, and we basically stopped renting out our apartment and I was just staying with her aunt in Brooklyn. But basically at the end, to backtrack a little bit from that, you know, towards the end of my training, I realized that I was feeling burnt out, which was a surprise to me. And I'd been feeling these symptoms of burnout for a long time. I didn't know that they were burnout. And I finally sort of came to terms with that, and so then started looking at what was causing it and which was obviously multifactorial. But a huge part was my financial situation, which was really stressing me out. And I realized that my financial well-being was really nonexistent and that was hurting me a lot because I was, you know, I was nearing the end of my training and people were telling me, oh, it's going to be great. You're going to be a plastic surgeon. You're going to be making all this money. And I was just like in my head going, No, you don't understand. It's not great at all. I, you know, I have half $1 million of student debt. I have credit card debt. I have literally no savings, no investments. I have a family, like this is not good. And yes, my salary is going to increase, but I'm just being told like I have to buy a big house, I have to buy a fancy car, I have to buy fancy clothes, like all this stuff, because now I'm going to be a doctor, like an attending physician. And so I felt really stressed about that. And long story short, my wife and I, we made a conscious decision that we were going to learn about personal finance and start getting our finances under control. Over the course of months, we began to do that and then started managing our own finances and

Dr. Wing Lim takes the lead in interviewing tax lawyer Jason Pisesky. Jason explains the specialties of a tax lawyer, how they operate with accountants, and how tax lawyers like himself benefit incorporated physicians with their knowledge. Jason will also be part of the roundtable AMA at the May 6 and 7 Toronto conference. Dr. Lim actually met Jason Pisesky in a personal capacity before working with him - they met at a dance class. Wing says this is the benefit of meeting professionals and staying in contact, sometimes in the future you realize you need a person with specific expertise and you already have someone to contact. Wing talks about his personal experiences working with Jason and asks Jason to share his insight on taxation law. In this episode, Wing Lim and Jason Pisesky examine exactly how lawyers become specialists in taxation law. Jason details how familiarity with tax strategies leads him to new ways of benefiting clients, the differences in liability between accountants and lawyers, the cost analysis of hiring a tax lawyer versus ROI, and what tax laws have changed since 2017 that directly impact professionals like physicians. Jason’s knowledge is profound and very applicable to doctors today. About Jason PiseskyJason is a tax lawyer, whose practice background is extensive and includes personal and corporate tax planning as well as litigation and dispute resolution. Whether you are scaling up your practice or winding it down, proper coordination between a tax lawyer and your accountant can ensure you're doing it right.Resources Discussed in this Episode:Save the Date for May 6-7, 2023 in TorontoJason Pisesky on LinkedInTOSI—Physician Empowerment: website | facebook | linkedin __TranscriptDr. Kevin Mailo: [00:00:01] Hi, I'm Dr. Kevin Mailo and you're listening to the Physician Empowerment Podcast. At Physician empowerment we're focused on transforming the lives of Canadian physicians through education in finance, practice transformation, wellness and leadership. After you've listened to today's episode, I encourage you to visit us at PhysEmpowerment.ca - that's P H Y S Empowerment dot ca - to learn more about the many resources we have to help you make that change in your own life, practice and personal finances. Now on to today's episode. Dr. Kevin Mailo: [00:00:34] All right. Hi, everyone. I'm Doctor Kevin Mailo, one of the co-founders of Physician Empowerment. And today we've got Dr. Wing Lim, another co-founder, interviewing Jason Pisesky. And Jason is a tax lawyer with KPMG. And the three of us go back a number of years, but today's topic is probably going to be one of our best, one of our most relevant and very unique because this is not something you typically find when you sit down with your accountant, your financial planner, or even your regular lawyer. And what Jason is going to be doing is getting interviewed by Wing as they go through different aspects of tax law and why this applies to incorporated physicians and why everybody should be consulting with tax lawyer as we go through our financial lives. And so with that being said, I think I'm going to step back. I'm going to let you, Wing, go for it and let's get started. Dr. Wing Lim: [00:01:33] Okay sure. Yeah. Welcome, everyone. And so, yeah, I'm Dr. Wing Lim. I'm one of the co-founders of Physician Empowerment. And so this webinar series slash podcast, because every webinar will be reincarnated as podcast and I'm working on still the proper motto, but we interview interesting people on interesting topics that will impact physicians' lives, will help physicians live better lives. And with that, Kevin, I'm reminded me to put a plug in May 6th and 7th. Make sure you guys register for that. This year it's going to be Dynamo and May 6 and 7, it's going to be jam packed with information. And we're actually going to invite Jason in Sunday, the 7th, as part of the panel discussion. And it's basically roundtable AMA, ask me anything about, well, planning and whatnot. So Jason and I went back a while back. So this is supposed to be a fireside chat, sorry, I couldn't find a fireside background. And Jason, as you can tell, is a really lovely dude and he doesn't have a big ego, unlike most other tax lawyers I've met. And so actually I met Jason probably five years before we talked on a professional basis. So I met Jason on a dance floor of all places. And why would we meet on a dance floor? Because it's one of those life up to 50, what are you going to do when you turn 50? And my wife says, Let's go dance and it took her only four years for me to say yes and dance like Pinocchio. Dr. Wing Lim: [00:03:07] And my kids corrected me and say, No, Dad, Pinocchio can dance. Okay, I stand corrected. I can't even dance like Pinocchio. And that's where we met at Dance lesson. Right? And so we had a lot of fun in the class. And then a number of years later, Jason, how much of that do you remember? I was kind of stuck in a spot, right? And I was doing

Dr. Kevin Mailo welcomes Alberta-based anesthesiologist and first Indigenous president of the Canadian Medical Association, Dr. Alika Lafontaine, to the show. Dr. Lafontaine talks about the importance of narrative, our personal narratives and the stories shared about medicine and with patients, to create hope and foster well-being. Dr. Alika Lafontaine shares his personal story, some of the struggles he faced with learning and growth in his early years and the ways in which narratives offered to him affected his outlook. He tells about how his parents helped shape him in positive ways and the personal self reflection ability he developed through performing with his siblings. His experiences, good and bad, have shaped how he views medicine and the importance of the stories told within the profession and to each other. In this episode, Dr. Kevin Mailo and Dr. Alika Lafontaine address the question of what you’re willing to sacrifice to the altar of medicine as a physician. They examine how the narrative we have with ourselves influences how we do medicine, and how the narrative we have about medicine influences the experiences we have with patients. Alika shines a light on reframing perspectives and realizing how the narratives we tell ourselves about others contributes to bias and exclusion in treatment. This is a powerful episode about the possibilities of medicine and the vitality of connection with oneself and others through the stories we tell.About Dr. Alika LafontaineDr. Alika Lafontaine is an award-winning physician and the first Indigenous doctor listed in Medical Post’s 50 Most Powerful Doctors. He was born and raised in Treaty 4 Territory (Southern Saskatchewan) and has Metis, Oji-Cree and Pacific Islander ancestry.Dr. Lafontaine has served in medical leadership positions for almost two decades. At the Alberta Medical Association, he has served on the representative forum (since 2012), the nominations committee and the Indigenous health committee, and he is a current board member. At the Canadian Medical Association, he has served as an Alberta AGM delegate, has been a member of the appointments committee and has chaired the governance council of the Canadian Medical Association Journal. At the Royal College of Physicians and Surgeons of Canada, he has served on the Indigenous health advisory committee and search/selection subcommittees, he has chaired the regional advisory committee (western provinces) and he is a current council member. He is a member of the board of HealthCareCAN. He has also served as vice-president and president of the Indigenous Physicians Association of Canada.From 2013 to 2017 Dr. Lafontaine co-led the Indigenous Health Alliance project, one of the most ambitious health transformation initiatives in Canadian history. Led politically by Indigenous leadership representing more than 150 First Nations across three provinces, the alliance successfully advocated for $68 million of federal funding for Indigenous health transformation in Saskatchewan, Manitoba and Ontario. He was recognized for his work in the alliance by the Public Policy Forum, where Prime Minister Justin Trudeau presented the award.In 2020, Dr. Lafontaine launched the Safespace Networks project with friendship centres across British Columbia. Safespace provides a safe and anonymous workflow to report and identify patterns of care; patients and providers use the platform to share their own experiences and contribute to system change without the risk of retaliation for sharing their truths.Dr. Lafontaine continues to practice anesthesia in Grande Prairie, where he has lived with his family for the last 10 years.Resources Discussed in this Episode:Save the Date for May 6-7, 2023 in TorontoDr. Alika LafontaineVal Arnault-PelletierDr. Krishna Kumar—Physician Empowerment: website | facebook | linkedin __TranscriptDr. Kevin Mailo: [00:00:01] Hi, I'm Dr. Kevin Mailo and you're listening to the Physician Empowerment Podcast. At Physician Empowerment, we're focused on transforming the lives of Canadian physicians through education in finance, practice transformation, wellness and leadership. After you've listened to today's episode, I encourage you to visit us at PhysEmpowerment.cam- that's P H Y S Empowerment dot ca - to learn more about the many resources we have to help you make that change in your own life, practice and personal finances. Now on to today's episode. Dr. Kevin Mailo: [00:00:35] Hi, I'm Doctor Kevin Mailo, one of the co-hosts of the Physician Empowerment Podcast. And today I'm very, very excited to be bringing on current president of the Canadian Medical Association, Dr. Alika Lafontaine, who is an Alberta-based anesthesiologist who is also our first Indigenous Canadian Medical Association president. And today we've got Alika on the show to talk about the power of narrative in our personal and professional lives as a way of connecting with one another, but even connecting with ourselves. And this is one o

Dr. Kevin Mailo welcomes Dr. Sarah Smith to the show to talk about the time investment of charting and how to set boundaries on how much work eats into your personal life and well-being. Dr. Smith is a practicing rural physician who does everything from family medicine to emergency, and she is also the Charting Coach whose program has helped hundreds of physicians. Sarah shares her personal story with Kevin and explains how her practice in Australia eventually became a burden due to all the paperwork, the undone charting. She says she loved the people but hated the paperwork burden. She struggled under the weekend-eating charting until she had a realization and really took stock of how she spent time in her day. That led to imagining how she could change her time usage to better suit her. In this episode, Kevin Mailo and Dr. Sarah Smith explore Sarah’s “a-ha moment”, how she coaches physicians to view their time and the work they take home, and why a mindset change and the phrase “you see the patient, you close the chart” becomes one of the keys to more efficient time usage. Sarah advocates for well-being in terms of physicians reclaiming their personal and family time by focusing on the ways in which they are in control of their own clinic time management.About Dr. Sarah SmithDr. Sarah Smith is the Charting Coach for Physicians. She is a Rural Family Physician and Certified Life Coach through The Life Coach School. She helps physicians get their admin and paperwork done more efficiently to create time for the things they love. Dr. Smith has spent the last three years coaching hundreds of Physicians, over 1000 hours of coaching, in the specific area of “getting home with today's work done”.Resources Discussed in this Episode:Save the Date for May 6-7, 2023 in TorontoDr. Sarah Smith on LinkedInChartingCoach.ca—Physician Empowerment: website | facebook | linkedin __TranscriptDr. Kevin Mailo: [00:00:00] Hi, I'm Dr. Kevin Mailo and you're listening to the Physician Empowerment Podcast. At Physician Empowerment, we're focused on transforming the lives of Canadian physicians through education in finance, practice transformation, wellness and leadership. After you've listened to today's episode, I encourage you to visit us at PhysEmpowerment.ca - that's P H Y S Empowerment dot ca - to learn more about the many resources we have to help you make that change in your own life, practice and personal finances. Now on to today's episode. Dr. Kevin Mailo: [00:00:34] Hi, I'm Dr. Kevin Mailo, one of the co-hosts of the Physician Empowerment podcast, and today I'm extremely excited to introduce to you - I say I'm excited every time - but I am very excited to introduce our listeners to Doctor Sarah Smith. And I'll say a couple of words about Sarah and her practice background, and then I'll let her talk and share her journey because it's really quite remarkable. Sarah is a rural family physician who kind of does it all - family based practice, palliative care, long term care, hospitalist, and emerg - she does it all as a rural physician. She is originally from Australia and immigrated to Canada about ten years ago and I assume came for the great weather and beaches. And today what Sarah is going to be sharing is strategies around charting and practice optimization because this is something we all face in practice, right? Whether you're a radiologist or you are a family doctor or a surgeon, you've got to chart what you're doing. And we don't get a lot of training around that. We get a lot of training around like the medicine and making proficient notes. But how do you be efficient about that? How do you communicate effectively? And that's what we're going to touch on today with Doctor Smith. And with that being said, Sarah, why don't you go and tell us a little bit about your personal and professional journey that led you to this point. Dr. Sarah Smith: [00:01:54] Hi, and thank you so much for having me, Kevin. It's really, really fun to be here. So yes, I'm from Australia and I had been in full time family medicine in Australia, having finished up all of my hospital years that we do in Australia after graduation. And we then as a family decided we wanted to see something different, so we packed up, full time family practice, I'd just got to that fun point five years in where I understood the billing, the patients, my panel, everything was kind of like ticking along quite nicely except for the paperwork. And we'll come back to that. And then we decided, you know what? We really want to see something different now. So we packed up and went around Australia for a year and a half, which was super fun. So I highly recommend semi-retirement. I think that process of giving up full time family practice, the disappointing all your patients, the little grief journey that happens when you're leaving people behind because you've loved and looked after these people for a solid five years. But the lesson on the other side of that, that you

Dr. Kevin Mailo welcomes physician and beyond MD podcast host Dr. Yatin Chadha to Physician Empowerment to talk about finance for physicians. Yatin Chada’s podcast is well-known and he has interviewed a wide and notable range of physicians and finance industry professionals since beyond MD launched in 2020.Kevin Mailo shares the news that Yatin Chadha’s podcast reached the Top 50 of finance podcasts on the Apple Canadian Business podcast. He asks Yatin about some of his more memorable episodes and Yatin shares several, including one with Kevin himself, and other episodes featuring Jamie Golombek and Joe Bakish. He highlights what he learned from each of them. In this episode, Kevin Mailo and guest Yatin Chadha discuss the finance industry through the lens of topics Yatin has explored with his podcast guests. They talk about how to build financial security, real estate as a great investment, diversifying portfolios, generating passive income, and dividend stocks. Kevin and Yatin break down what is important for physicians to consider when pondering their financial futures.About Dr. Yatin ChadhaDr. Yatin Chadha, MD is a Diagnostic Radiology Specialist in San Diego, CA and has over 13 years of experience in the medical field. He graduated from UNIVERSITY OF BRITISH COLUMBIA / FACULTY OF EDUCATION in 2010.Dr. Chadha launched the beyond MD podcast in 2020, which focuses on financial literacy. The content is provided by subject experts, but is steered by him to ensure relevance to healthcare professionals in Canada. There is a frequent focus on professional corporations.He believes that stress related to personal finance can lead to physician burnout. Dr. Chadha’s mission is to change this. He has learned a lot along the way and wants others to be more prepared than he was. His aim is to help other healthcare professionals navigate personal finance such that this area becomes enjoyable, rewarding, and eventually automatic such that physicians are able to dedicate more time to the things that matter most to them.Resources Discussed in this Episode:Save the Date for May 6-7, 2023 in TorontoDr. Yatin Chadha on LinkedIn“beyond MD” podcast “Real Estate Investing - a Physician’s perspective” beyond MD episode with Kevin Mailo“RRSPs for incorporated small business owners with Tim Cestnick” beyond MD episode“Holding Companies with Ali Spinner” beyond MD episode“Corporate investments - optimization and taxation with Jamie Golombek” beyond MD episode“Alternative Investments with Joe Bakish” beyond MD episode—Physician Empowerment: website | facebook | linkedin __TranscriptKevin Mailo: [00:00:00] Hi, I'm Dr. Kevin Mailo and you're listening to the Physician Empowerment Podcast. At Physician Empowerment, we're focused on transforming the lives of Canadian physicians through education in finance, practice transformation, wellness and leadership. After you've listened to today's episode, I encourage you to visit us at PhysEmpowerment.ca, that's PHYS empowerment.ca, to learn more about the many resources we have to help you make that change in your own life, practice and personal finances. Now on to today's episode. Kevin Mailo: [00:00:35] Hi, everyone. It's Kevin Mailo here, one of the co-hosts of the Physician Empowerment Podcast. And today I am joined by the one and only truly amazing Dr. Yatin Chadha. And for those of you that haven't heard Yatin speak or listen to his podcast, you can find him online at the Beyond MD podcast. And it's truly amazing. And Yatin, you had a big milestone. I'm going to talk about you for a couple of minutes and then I'll let you talk about yourself. But let me do some bragging for you. But you broke the top, you broke the top 50 finance podcast. That's not medical podcasts. You broke the top 50. And was it...? Yatin Chadha: [00:01:12] You know, yeah, it was the, I think it was the Apple Canadian Business podcast. But Kevin, I can tell you what, you're so kind to mention that, but it gave me, it gave me newfound respect, though, for the people who just continue at this and are actually able to stay there. Because I tell you what, I do rely a lot of my guests for the content. Now I am producing a few more solo episodes, but it is really hard once you get there, it's really hard to stay there. Kevin Mailo: [00:01:42] Yeah, trust me, I've done it for years, not just this podcast, but obviously the other one as well. Yeah, there is a lot there. Yatin Chadha: [00:01:49] Yeah. Yeah. It just takes, and I have a lot of respect for people who have been doing this for years and like with anything in life, it's a journey, not a marathon, right? Just takes a lot of time and effort. Kevin Mailo: [00:02:00] Make sure, make sure you're doing what you love, right? I think that rule applies to all of us in our lives. Like, if we're not loving it, why are we doing it? Life's got to be more than just a trudge. It truly does, you know? So, you know, you got this incredible podcast. Do you have guests now coming to

Dr. Wing Lim, co-founder of Physician Empowerment, turns the tables and interviews Dr. Kevin Mailo for a change. Kevin talks about real estate investment for physicians and shares insights and advice from his own personal real estate journey.With a family history of investing or buying in real estate, Kevin acknowledges that he came to real estate naturally. He sees real estate as a very powerful wealth creation tools and he names three main reasons for that: appreciation, positive cash flow generation, and mortgage paydown. Kevin gets into detail with Wing about how each of those three work. In this episode, Dr. Wing Lim and Dr. Kevin Mailo discuss how an incorporated physician can start in real estate investing, why Kevin feels real estate gives him more peace of mind than stocks or other portfolios, how to start if someone is not incorporated, and why eventually it’s advisable to bring experts in to help with property management. They shed light on real estate as a powerful tool for physicians to use to their benefit.About Dr. Wing LimApart from his clinical & teaching roles, Wing has extensive experience in Practice Management and Business Development. He is passionate about sharing his extensive knowledge & experience (both clinical & business) with others in various settings, from his clinic mentoring younger colleagues, to churches, senior groups, ethnic functions, radio broadcasts, retreats, seminars, and national conferences.About Dr. Kevin MailoKevin is an emergency physician based out of Edmonton, Alberta. He is known for his highly engaging teaching style that breaks down complex topics into memorable experiences. Kevin cares deeply about the long-term wellness of the medical profession and wants to see physicians and their families succeed personally and financially.Resources Discussed in this Episode:Save the Date for May 6-7, 2023 in TorontoRobert Kiyosaki“The Growth Mindset with Dr. Wing Lim” episode on beyond MD with Dr. Yatin Chadha“How Finance Relates to Personal Wellness with Dr. Kevin Mailo” episode on beyond MD with Dr. Yatin Chadha—Isn’t it enough to have a personal CPA & a regular lawyer for annual tax & corporate returns? What does a Tax Lawyer offer & when would we need one? Come & learn from a “fire side” chat between Wing & Jason the Tax Lawyer on February 2nd at 6pm.—Physician Empowerment: website | facebook | linkedin __TranscriptDr. Kevin Mailo: [00:00:00] Hi, I'm Dr. Kevin Mailo and you are listening to the Physician Empowerment Podcast. At Physician Empowerment, we're focused on transforming the lives of Canadian physicians through education in finance, practice transformation, wellness and leadership. After you've listened to today's episode, I encourage you to visit us at PhysEmpowerment.ca - that's P H Y S Empowerment.ca - to learn more about the many resources we have to help you make that change in your own life, practice and personal finances. Now on to today's episode. Dr. Wing Lim: [00:00:34] Well, welcome everyone. So good to have a few people show up on Wednesday evening. Alberta time 6, I guess it's 8 p.m. in Ontario. And so yeah, so I'm really delighted to have this webinar and so we hold this on a regular basis once a month. And so we're going to talk about real estate for incorporated physicians. All right. So this is not for the faint of heart, I guess, and I'm very delighted to welcome everyone and actually I'll be turned the table around. Usually I got interviewed by Kevin, but I'm going to interview Kevin. So I'm Wing. I'm Wing Lim, one of the co-founders of Physician Empowerment. And so I'm turning the table around to interview Kevin about this, this interesting topic. So of course, people have different backgrounds and people invest in different things, and there's a wide spectrum across all of four asset classes. And so let's start off by saying that why real estate, right? There are people who do nothing but index funds and people do nothing but mutual funds, some do stocks, bonds, some do exclusively crypto, bless their heart right now. And then there are also people, even within real estate, they flip and there are a lot of things they do. So let's just have a bird's eye view over why real estate compared to other asset classes. So, Kevin, what's your take? Dr. Kevin Mailo: [00:02:03] Yeah, let me talk a little bit about my my story about real estate and why it came to me and fairly naturally. But I come from a family where, for a few generations, has always been somebody on either my mom's side or my dad's side who has invested and bought in real estate. And I saw a lot of wealth created in real estate. So real estate started with me at a very early age. I kind of got into it by accident. Initially, having bought our first property as our personal residence years ago in medical school, and eventually didn't get rid of the place but rented it out. And so that was years and years ago that I started. And since then it's been a really, really great journ

Dr. Kevin Mailo welcomes Dr. Bradley Block, otolaryngologist and host of the podcast ‘Physician’s Guide to Doctoring’ to the show for a discussion on using humour and setting boundaries in private practice. Dr. Block has a wealth of insight that he happily shares.Dr. Block shares a rule he received from Scott Dikkers, founder of The Onion, on not punching down in using humour. The role of humour is to “comfort the afflicted and afflict the comfortable” and he shares examples of what that looks like in practice as a physician. Humour is a great way to increase rapport with patients and get them into a more relaxed state.In this episode, Kevin Mailo and guest Brad Block talk about humour and how best to use it with patients, the flip side of how to carefully deliver bad news, why body language and non-verbal cues matter when interacting with patients, and how to draw important boundaries in private practice. While the instinct is to give everything to patients, a firm boundary for yourself and your self-care is vital to maintaining positive engagement with patients. This episode is both entertaining and enlightening.About Dr. Bradley Block:Bradley Block, MD, is a private practice otolaryngologist on Long Island, New York, where he lives with his wife and three young sons. He is a partner at ENT and Allergy Associates and creator of the Physician’s Guide to Doctoring Podcast.He realized that rapport was the key to gaining trust, seeing patients efficiently, enjoying his practice, and building his reputation. He tried to find a podcast that would help him improve at doctor-patient communication, but there was none, so he created Physician’s Guide to Doctoring! The topics quickly expanded to “everything we should have been learning while we were memorizing Kreb’s Cycle,” and it is now a practical guide for practicing physicians, physicians-in-training and all allied health professionals. He is available as a keynote speaker on improving the patient experience, doctor-patient communication, and running office-hours efficiently.Brad, or Dr. Block as his parents call him, went to med school at SUNY Buffalo and graduated with research honors. He then went on to his ENT residency at Georgetown. He enjoys spending time with his family, surfing (yes, there is surfing on Long Island), skiing (there is no skiing on Long Island), smoking meat, exercising, and finding any excuse to quote an 80s movie. “I’m not saying I’d build a summer home here, but the trees are actually quite lovely.”Resources Discussed in this Episode:Scott Dikkers, The Onion—Physician Empowerment: website | facebook | linkedinBradley Block, MD - Private Practice Otolaryngologist / ‘Physician’s Guide to Doctoring’ Host: website | podcast | linkedin__TranscriptDr. Kevin Mailo: [00:00:00] Hi, I'm Dr. Kevin Mailo and you're listening to the Physician Empowerment Podcast. At Physician Empowerment, we're focused on transforming the lives of Canadian physicians through education in finance, practice transformation, wellness and leadership. After you've listened to today's episode, I encourage you to visit us at PhysEmpowerment.ca - that's P H Y S Empowerment dot ca - To learn more about the many resources we have to help you make that change in your own life, practice and personal finances. Now on to today's episode. Dr. Kevin Mailo: [00:00:34] Hi, I'm Dr. Kevin Mailo, the co founder and co host of the Physician Empowerment Podcast. And today I am very excited to be joined by Dr. Bradley Block, community based ENT physician down in New York and the founder of the Physicians Guide to Doctoring. And Brad, why don't you tell us a little bit about your practice background and what you're going to talk about today. Dr. Bradley Block: [00:00:58] So I'm a general ENT and not realizing that going into general practice, private practice ENT would be mostly office hours. So, you know, in residency we're doing like four days a week in the operating room, half a day, maybe a full day of office hours, you know, and then lecture and the rest. In private practice, general ENT, we spend maybe four and a half days a week in the office and then another half day in the operating room, maybe a little more in the O.R. than that for some, but very, very office hours. And we see a lot of patients. And so what we're going to be talking about today is how I make sure that the patient experience is as positive as possible. Right? And so the reason that I founded my podcast, The Physician's Guide to Doctoring, is I noticed that there were a lot of experts out there that were helping people interact with other human beings, right? The interactions between salespeople and their customers, the interactions between people trying to date successfully or leaders and executives. But there weren't, there were these people with that expertise, but they weren't really focused on physicians. So I thought, you know what? I would love to hear what they had to say about specifically the physician-p

Dr. Kevin Mailo welcomes Dr. Shawna Pandya - Physician, Aquanaut, Explorer, Director of IIAS Space Medicine Group, Space Medicine and Austere Environment Researcher - to the show to talk about her amazing career. But more than that, Shawna speaks about dreams and how to make them reality.Shawna Pandya is an explorer, an aquanaut, she’s lived in a Mars simulation in the Utah desert, and she’s lived in an underwater habitat for five days. She works for a company focussed on immersive technologies and a company trying to put the world’s first rotating partial gravity artificial gravity space station into orbit. She’s also a martial artist, skydiver, and pilot-in-training. She has an amazing career. And she knows more than a little bit about having lofty dreams and not sacrificing them to reality but pursuing them with determination.In this episode, Kevin Mailo and guest Dr. Shawna Pandya talk about the varied paths of Shawna’s career. And they dive deeply into how Shawna’s childhood dreams propelled her into the journey she’s on today. She addresses self acceptance, having a plan of action, positive visualization, preparing for setbacks, and the mentors who invested in her along the way. Her story and advice on dreams are deeply inspiring.About Dr. Shawna Pandya:Dr. Shawna Pandya is a scientist-astronaut candidate with Project PoSSUM, physician, aquanaut, speaker, martial artist, advanced diver, skydiver, pilot-in-training, VP Immersive Medicine with Luxsonic Technologies and Fellow of the Explorers' Club. She is also Director of the PosSUM Space Medicine Group and Chief Instructor of the PoSSUM Operational Space Medicine Group. She holds degrees in neuroscience (BSc Hons. Neuroscience, University of Alberta), space (MSc Space Studies, International Space University), entrepreneurship (Graduate Studies Program, Singularity University) and medicine (MD, University of Alberta), and is currently completing a fellowship in Wilderness Medicine (Academy of Wilderness Medicine).Resources Discussed in this Episode:International Space UniversityNasa Johnson Space CenterChris Hadfield“An Astronaut’s Guide to Life on Earth” by Chris Hadfield—Physician Empowerment: website | facebook | linkedinShawna Pandya, MD - Physician, Aquanaut, Explorer, Director - IIAS Space Medicine Group: linkedin | twitter | iias | luxsonic | zenith canada pathways__Transcript:Dr. Kevin Mailo: [00:00:00] Hi, I'm Dr. Kevin Mailo and you're listening to the Physician Empowerment Podcast. At Physician Empowerment, we're focused on transforming the lives of Canadian physicians through education in finance, practice transformation, wellness and leadership. After you've listened to today's episode, I encourage you to visit us at PhysEmpowerment.ca - that's P H Y S empowerment.ca - to learn more about the many resources we have to help you make that change in your own life, practice, and personal finances. Now on to today's episode. Dr. Kevin Mailo: [00:00:35] Hi, I'm Dr. Kevin Mailo, one of the hosts of the Physician Empowerment Podcast. And today I'm very, very excited to be joined by Dr. Shawna Pandya. And before we get started in the interview, let me say a little bit about Shawna, and she is a primary care physician who practices mostly emergency medicine. And for years now, even before her career in medicine, Shawna has been pursuing space medicine with a focus as well in extreme medicine and hostile environments. And so I would love to hear from you, Shawna, and that probably isn't the full introduction. Why don't you tell us a little bit more about yourself? Dr. Shawna Pandya: [00:01:15] Yeah, sure. So first of all, thanks so much for having me on the podcast. I think this will be really fun. So for those who don't know me, here's a little bit about my background. I'm an explorer, I'm an aquanaut, I've been on expeditions in what we call analog environments. So that is environments that are analogous in some way to the spaceflight environments. I've been to the Mars Desert, or I've been to the Utah desert on a Mars simulation. I've lived underwater for five days, yeah, in a water underwater habitat. There's lots to talk about. I work with a lot of space companies with applications for Earth. I work with Luxsonic Technologies, which focuses on immersive technologies. So virtual reality, augmented reality, 360 video for medical education, for health care workers, physicians, paramedics and more. And I also advise a company trying to put the world's first rotating partial gravity artificial gravity space station in orbit by the end of the decade, as well as a space food company. So that's Orbital Assembly Corporation and IIAS, respectively. There's a lot we could talk about. So I think this is going to be fun. Dr. Kevin Mailo: [00:02:23] Yeah. So there is a lot we could talk about. And it's funny because at first I was tempted to interview you about space medicine specifically, right? Because I think that's extremely exciting. I myself am a big fa

Dr. Dimitre Ranev welcomes Galen Nuttall, Certified Financial Planner (CFP), to the podcast to discuss some of the ins and outs of financial planning. Galen answers questions about what financial planners do and explains the differences between a financial planner and a certified financial planner.Galen Nuttall has a background in teaching and a Masters in Education, but his father was a physician (a nephrologist) and he estimates half of his current clients are also physicians. The combination of his ability to teach financial concepts with ease to any audience and his familiarity with physician financial needs gives him great insight to share with listeners.In this episode, Dr. Dimitre Ranev and guest Galen Nuttall break down some misconceptions surrounding CFPs and the value of financial planners. Galen discusses the value of incorporation for physicians, retirement planning, riding out economic slowdowns, and some advice about taxes. His knowledge is vast and makes for valuable listening.About Galen Nuttall:Galen Nuttall grew up watching his dad (a now-retired nephrologist) struggle to make good decisions around his money. It felt like everyone wanted time with him to pitch the latest and greatest financial product. Now that he’s a planner, he sees why so many Canadians are unsure how to invest their money. There are so many options and even the experts seem to disagree. No wonder most Canadians are confused and don't know where to start. As a planner, Galen is changing this. With a background and a Masters in Education, Galen is able to explain financial concepts with ease and enjoys imparting financial literacy to people. He says a fee-based financial plan answers the biggest questions around investing with cold, hard facts. Plans should be evidence-based, not based on opinions or preferences. —Physician Empowerment: website | facebook | linkedinGalen Nuttall, M.Ed, CFP: podcast__Transcript:Dr. Kevin Mailo: [00:00:00] Hi, I'm Dr. Kevin Mailo and you're listening to the Physician Empowerment Podcast. At Physician Empowerment, we're focused on transforming the lives of Canadian physicians through education in finance, practice transformation, wellness, and leadership. After you've listened to today's episode, I encourage you to visit us at PhysEmpowerment.ca - that's P H Y S Empowerment dot ca - to learn more about the many resources we have to help you make that change in your own life, practice and personal finances. Now on to today's episode. Dimitre Ranev: [00:00:34] Welcome back, everyone, to the Physician Empowerment podcast. I'm very honored to have Galen Nuttall as a guest today. I actually met Galen at the Physician Department Conference in June. Galen is a financial planner, he's an investment advisor, and he's a certified, he has a CFP Certified Financial Planning certificate, as well as a Masters in Education, which I find really interesting and actually really important because financial products can be extremely hard to understand, especially when we talk about insurance. I mean, any product and it's so important to be able to explain things, simplify things. And just reading some of the comments on Galen's website, it seems like it's something you do very well and having spoken to you, it's something you do very well. I can say that again. You also have your own podcast, I think it's called a Clean Bill of Wealth. Is that correct? I think you post twice, twice a month? Galen Nuttall: [00:01:27] About two, yeah, I do about two episodes a month. Dimitre Ranev: [00:01:29] And you have guests and then you have sort of solo things and you're really good at explaining concepts. Today I just, one of the reasons I have you on is I think people need to realize that investing is a journey and it's a very personal one. There is no one size fits all, even though a lot of people will tell you this is the best thing to do. For example, now the current rage - and I'm not saying it's bad - but the current rage is to do your own investing, low fees, put all your money in an ETF and forget about it. But just like I'm giving an example of medical conditions, so for example, if somebody wants to lose weight, your job as a doctor is to show them all the tools available to them so they can find what's best for them, whether it's exercise or diet or even an emotional thing. Just like that's investing as well. There's different tools and you need to be aware of them because if you're not aware, then you won't find what's best for you. Today I want to talk about the tool of having a financial planner on your side. So I always like to start off with definitions because there's so many definitions in the financial world and it's so confusing. So, Galen, do you mind if we start by I want to ask you, because you do two things. You're a financial planner and an investment advisor. Can you tell me what is, when you put your financial planning hat on, what is it that you do? What is your role? Galen Nuttall: [00:02:53]

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 committees that are the same old bureaucratic process is better for her, and shares very practical ways to communicate with immediacy between the members of your team. About Marlies van Dijk:Marlies van Dijk currently leads The Pivot Group. Marlies is a registered nurse and has worked as an innovator and change agent in the health and care system. Her most recent experience was as founder and leader of the Alberta Health Services Design Lab. She led this to design new service models across all corners of the health care system. Prior to that she worked in British Columbia to improve care across 25 hospitals in 7 health authorities. She has worked with many national healthcare organizations to improve health care and services. Her passion is co-design as a way of working and hopes to apply her skills to the creation of a world class eating disorder treatment facility with clinicians, patients, community, and government. She loves the outdoors and feels most alive when she is on her bike (yes, she is Dutch too!)—Physician Empowerment: website | facebook | linkedinMarlies van Dijk, RN and Lead of The Pivot Group: the pivot group | the design lab | linkedin Transcript:Dr. Kevin Mailo: [00:00:00] Hi, I'm Dr. Kevin Mailo and you're listening to the Physician Empowerment Podcast. At Physician Empowerment, we're focused on transforming the lives of Canadian physicians through education in finance, practice transformation, wellness, and leadership. After you've listened to today's episode, I encourage you to visit us at PhysEmpowerment.ca - that's P H Y S empowerment dot ca - to learn more about the many resources we have to help you make that change in your own life, practice, and personal finances. Now on to today's episode. Dr. Kevin Mailo: [00:00:34] Hi, I'm Dr. Kevin Mailo, one of the co hosts of the Physician Empowerment Podcast, and today I'm very excited to introduce to you Marlies van Dijk. And Marlies is... you know, Marlies, before I talk about you a little bit, I'm going to say it's a little hard to kind of describe what you do because you do so much and you've had such an incredible career and you've built so much. But Marlies is the founder of Alberta Health Services Design Lab, which is kind of an in-house console consultancy for the Alberta Health Services health care system, essentially for Alberta to help on leadership and direction. But then, as Marlies has grown as a leader in health care, she's now stepped out and formed the Pivot Group, which is nationwide. Super exciting. And every time I talk to Marlies, I'm learning something, I'm inspired, and I am so, so glad Marlies, to have you here today. So can I get you to just start with a little bit about yourself and your journey and how you got here? Marlies van Dijk: [00:01:39] Yeah, for sure. Thanks for having me. So I started out in nursing and I realized very quickly that I was a cog in a wheel and that I could not influence the change that I wanted to make. And I started working in the nonprofit sector, working grassroots with marginalized communities. And I absolutely loved it. But I quickly felt that I wasn't growing there either. So I went back to the health system and I started leading large scale change initiatives with national organizations, things like, say, for health care now, etc.. And then I went to British Columbia for a while. So I change, you know, quote/unquote, jobs every five or six years. I'm not one of those lifers, which I'm very proud of. Dr. Kevin Mailo: [00:02:24] I am inspired by the way. Inspired by the way. Keep going. Marlies van Dijk: [00:02:29] Yeah. No, no pension is going to hold me down for life. There's no way. Dr. Kevin Mailo: [00:02:32] Good. I love it. Marlies van Dijk: [00:02:34] And I ended up in British Columbia working with surgeons across the entire province in 25 hospitals. And once I was finished that I came to Alberta and I was given a job because I was creative and I was like, What creative? I kind of know I'm creative, but not like in the traditional sense, like

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 to open conversation before walking away. Dr. Brisebois shares what process she has learned to identify conflict, how she takes people through conflict resolution, and the necessity of psychological safety in the workplace in order to foster the communication required. About Dr. Mandy Brisebois:Dr. Mandy Brisebois uses her influence in high level leadership positions to advocate for physician integration into our health systems. Ultimately a deeper understanding of our complex systems will enable physicians to maximize their impact and promote patient care in the most effective capacity. Ultimately this strategy contributes to less conflict in the work environment, and fewer practitioners modifying their practice due to burnout.Dr. Brisebois is a certified Wellness and Executive Coach (with specialization in healthcare in process), a General Internal Medicine and Palliative Medicine Specialist, as well as having extensive training in conflict, negotiation, mediation, equity, diversity and inclusion. She has served as the Medical Director for a large 290 bed hospital, the Medical Director of the Covenant Palliative Care Institute, as well as an Associate Chief Medical Officer of Covenant Health. She is completing her Masters of International Health Leadership through McGill University and has trained at multiple world renowned organizations including the Mayo Clinic, Berkeley, Oxford, UBC, and the Justice Institute of British Columbia. Her leadership specialty is helping practitioners and teams find success through conflict, and learn from these successes to create happier, more efficient and more effective healthcare teams. She has spoken at many international events, and she is a published author in her fields of expertise.Resources discussed in this episode:Canadian Medical Association statistics on physician wellnessCrucial ConversationsEdmonton Zone Medical Staff Association—Physician Empowerment: website | facebook | linkedinDr. Mandy Brisebois, MSc, MD, FRCPC, AoDI, CEC: website | linkedin__Transcript:Dr. Kevin Mailo: [00:00:00] Hi, I'm Dr. Kevin Mailo and you're listening to the Physician Empowerment Podcast. At Physician Empowerment we're focused on transforming the lives of Canadian physicians through education in finance, practice transformation, wellness and leadership. After you've listened to today's episode, I encourage you to visit us at Phys Empowerment.ca, that's P H Y S empowerment.ca, to learn more about the many resources we have to help you make that change in your own life, practice and personal finances. Now on to today's episode. Dr. Kevin Mailo: [00:00:35] As I've mentioned before, for those of you that have joined us on our webinars or podcasts, you know who I am. I'm Dr. Kevin Mailo, one of the co-hosts of the Physician Empowerment Podcast and one of the co-founders of Physician Empowerment, and who I have with me today is a colleague and a friend whom I really admire, not only for her clinical work, but for her incredible leadership. So joining me today is Dr. Mandy Brisebois, and Mandy is a general internist with a hospital based practice. She specializes primarily in palliative care and chronic disease management, but she's also held numerous leadership roles, including Associate Chief Medical Officer and Medical Director at a major community hospital. And Mandy, over the course of her career, has really taken leadership to another level. And one of her areas of focus as a medical leader is conflict resolution. And so that's what we're going to be talking about. And it's going to be interesting because we get a lot of training in medical school and residency on how to navigate a difficult patient encounter. But what we're going to focus down on today is interpersonal conflict between physicians. And I don't need to go to any great length about how common this is, but we certainly know what occurs. And with that being said, Mandy, why don't I let you take it from here as far as introductions and where you want to want to go with our talk today. Dr. Mand

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 having a voice and connection to work through leadership opportunities is a vital part of avoiding burnout. She explains the variety of ways leadership can take shape. She also addresses releasing the fear of failure to realize that what we call ‘failure’ is really a necessary part of growth. Drs. Kevin Mailo and Katharine Smart have an enlightening conversation about burnout, mentorship, and the power of letting go of perfectionism in this must-hear episode.About Dr. Katharine Smart:Dr. Katharine Smart is a pediatrician in Whitehorse, Yukon and Past President of the CMA. Her work is centred on developing collaborative partnerships with community and government services to serve marginalized children using a model of social pediatrics. She works primarily with children who have experienced trauma and adverse childhood events, and she witnesses the broad and lasting impact these events have on children and their development daily. She is passionate about improving services for marginalized children in an effort to change their life trajectory.In addition to her community-based work, Dr. Smart enjoys acute care and provides on-call services to the hospital. Before moving to the Yukon, she was a pediatric emergency medicine physician at the Alberta Children’s Hospital in Calgary. Dr. Smart is the past president of the Yukon Medical Association.Resources discussed in this episode:Canadian Medical Assocation (CMA)—Physician Empowerment: website | facebook | linkedinDr. Katharine Smart, Pediatrician and Past President of CMA: website | instagram | twitter__Transcript:Kevin Mailo: [00:00:00] Hi, I'm Dr. Kevin Mailo, and you're listening to the Physician Empowerment Podcast. At Physician Empowerment we're focused on transforming the lives of Canadian physicians through education in finance, practice transformation, wellness and leadership. After you've listened to today's episode, I encourage you to visit us at PhysEmpowerment.ca. That's P H Y S empowerment dot ca to learn more about the many resources we have to help you make that change in your own life, practice and personal finances. Now onto today's episode. Kevin Mailo: [00:00:35] Hi there. I'm Dr. Kevin Mailo, one of the hosts of the Physician Empowerment Podcast. And today I am extremely, extremely excited to introduce everyone to Dr. Katharine Smart. And Dr. Smart is the past president of the Canadian Medical Association, and her term is recently expired as president of the Canadian Medical Association. She is kind of a super doctor. She is a pediatrician based in the Yukon with a practice centered on the emergency department, as well as community based clinic. And I'm honored and excited to be joined today by Katharine. Katharine, why don't you tell us a little bit about yourself and your work. Dr. Katharine Smart: [00:01:17] Sure. Thanks, Kevin. Excited to be here as well. And thank you for all your work. So, yeah, I've been in pediatrics now for over 20 years. I started my career as a pediatric emergency medicine physician at the Alberta Children's Hospital in Calgary, but I've always done work in northern Canada, time in northern Manitoba, I had the opportunity to work in Nunavut as a pediatric resident, so I've always had a passion for rural and remote medicine as well. And an interest in First Nations health and Indigenous health. So I had the opportunity to move to the Yukon five years ago to create a child health program there. At that point in time, they had an amazing group of six pediatricians who were coming up twice a year for four days a month and providing services to kids in the territory. But as you can imagine, four days a month of pediatric coverage, no call coverage, nothing to support acute care was probably not really enough. And and in talking with those colleagues, they definitely saw the role for for more supports for children. So I moved there with my husband, who's an orthopedic surgeon, and the two of us built two new programs, me in pediatrics in him and orthopedic surgery. And that's what

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 physician, alongside financial literacy. Dr Khatib’s story and advice very much align with Dr. Wing Lam’s CBE (Continuous Business Education) theory and this episode helps to explain why it’s important practice.About Dr. Nour Khatib:Dr. Nour Khatib MD CM, MBA is an enthusiastic and dynamic emergency physician and financial professional with keen interest in Quality Improvement, Patient Education and Global Health. She completed her family medicine training at Sunnybrook Health Sciences Center and did further training in emergency medicine at the University of Ottawa (CCFP-EM). With extensive experience and a professional record as a financial and business analyst, Dr. Khatib has excelled in both international and local firms with determination, hard work, and resourcefulness. Utilizing a broad acumen in healthcare, finance and business practices, she aims to solve issues regarding the quality of healthcare and the patient experience.Resources discussed in this episode:“Millionaire Teacher” by Andrew Hallam“Your Money or Your Life” by Joe Dominguez and Vicki Robin“Beat the Bank” by Larry BatesDalai Lama XIV quoteDr. GlaucomfleckenTakotsubo CardiomyopathyCEGEP—Physician Empowerment: website | facebook | linkedinDr. Nour Khatib MD CM, MBA: Emergency Physician and Speaker: linkedin Transcript:Kevin Mailo 00:00Hi, I'm Dr. Kevin Mailo, and you're listening to the Physician Empowerment Podcast. At Physician Empowerment, we're focused on transforming the lives of Canadian physicians through education and finance, practice transformation, wellness, and leadership. After you've listened to today's episode, I encourage you to visit us at physempowerment.ca. That's P H Y S empowerment.ca to learn more about the many resources we have to help you make that change in your own life, practice, and personal finances. Now on to today's episode. Kevin Mailo 00:34Hi, everyone. I'm Dr. Kevin Mailo, one of the cofounders of Physician Empowerment, and one of the cohosts of the Physician Empowerment Podcast. And tonight, I am very, very excited to introduce to you Dr. Nour Khatib. And Dr. Nour Khatib is a Med School dropout. And she has had a very exciting journey. And we are very happy to have her as part of our team here, speaking at our webinar, and hopefully speaking at some of our future events as well, because she's just so incredible, not only in her medical career, but also in the sphere of teaching and public speaking. And I don't know that I can introduce you properly, Nour. I think it's probably better if I just let you go. And tell us a little bit about your story. And why I introduce you as a Med School dropout. Dr. Nour Khatib 01:24Sure thing. Absolutely. Nice to meet everyone. Thanks for joining tonight. So yeah, Kevin's right. I am a Med School dropout. But I'm currently an emergency physician so how does that work? So what happened with me is I studied in Quebec, I studied in Quebec and I went to CEGEP and that's when you do, you can get into Med School two ways: do an undergrad, or go through quote/unquote the fast track where you can get into pre-med and you've got a guaranteed position into getting into Med School. So I thought, I was studying at Marianopolis College, which was one of the CEGEPs, there and I thought everybody was applying to Med School, maybe I should apply too. I didn't know what I wanted to, I was 18. But I did apply to Med School and I got in and I started. And within two months, I was like this linear path is scary. I don't know if I want to take this linear path. It felt like that's it, my entire life for the next 10 to 15 years is already laid out. And the path is not going to be changed. And I felt all I will know is medicine. And that, in addition to the worries of medical school, was frightening to me. I come from a family of, previously were refugees. We didn't, no one in my family had an undergraduate degree. In fact, they were all working in business or working as entrepreneurs, and just trying to make things happen, not medicine-related not scien

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 how a portfolio manager is empowered to work with finances and investments on behalf of their client through fiduciary duty. The conversation Dimitre and Rod have shines light on how accessible portfolio managers are, and provides important clarity on how roles within the financial industry apply directly to specific services listeners may want.About Rod Burylo:Rod Burylo is the Manager of IFM & EMD Services at Axcess Capital, providing governance and risk mitigation support to capital raisers and investment managers.Rod has worked within the financial services industry for over 30 years in a wide range of roles including Director, Chief Compliance Officer, and Director of Marketing. He has extensive experience in the exempt market sector as past CCO and owner of Canada’s largest Exempt Market Dealer.Rod is a Canadian Advisor of the Year Award winner, 2019 Champion of Financial Literacy Award Finalist, international speaker, and author of three books.Resources discussed in this episode:Axcess Capital AdvisorsEmpowerment Office“The Wealthy Buddhist: Buddhist Ethics, Right Livelihood, and the Value of Money” by Rod Burylo—Physician Empowerment: website | facebook | linkedinRod Burylo, CIM FCSI: Chief Financial Officer at Empowerment Office: linkedin | book__Transcript:Kevin Mailo Hi, I'm Dr. Kevin Mailo, and you're listening to the Physician Empowerment Podcast. At Physician Empowerment, we're focused on transforming the lives of Canadian physicians through education and finance, practice transformation, wellness, and leadership. After you've listened to today's episode, I encourage you to visit us at physempowerment.ca - that's P H Y S empowerment.ca - to learn more about the many resources we have to help you make that change in your own life, practice, and personal finances. Now on to today's episode. Dimitre Ranev Welcome everyone to the Physician Empowerment Podcast. I'm really honored to have Mr. Rod Burylo today as guest. Rod is a renaissance man in the financial industry. He wears many hats and has many roles, but currently his projects are that he's the manager of Investment Fund Services for Axcess Capital. He's also a consultant to portfolio managers, accountants and professional associations. And, importantly to us, he's the Chief Financial Officer of the Empowerment Office. He's an Advisor of the Year award winner, media contributor for over 30 years including for the CBC Radio and other leading newspapers. He's also an excellent teacher, which I can attest to because when I first met Rod a couple weeks ago actually, he explained a concept to me that I could not understand and it just clicked. And that's how I know that somebody is a good teacher when they can simplify something that's hard to understand. It's not surprising, because you've had over 20 years of international teaching experience, right? In many topics. I think currently, you mostly talk about professional ethics in alternative investment strategies. And finally, I do want to mention that Rod has published a book in 2019 that I find very interesting and I hope we can talk about it in the future. It's called the "Wealthy Buddhist: Buddhist Ethics, Right Livelihood, and the Value of Money". So again, Rod, thank you for joining us. What I do want to talk about today is an issue that I've noticed talking to other professionals, doctors, is there seems to be quite a bit of confusion about the actors who are involved in the financial advice industry. And specifically three things. We don't necessarily understand what the different roles are, what the different skill sets are, but also what is the duty to the client, to us, because I mean, we're seeking their help. For example, to give an analogy with medicine, obviously when you go to a doctor, you can make a couple of assumptions, not always true, unfortunately, but most of the time should be true. First of all, that they have a license to practice medicine in Canada. And secondly, they have a duty of care to their patients. But that's no

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 that task to a professional. Every successful athlete has a team behind them and according to Dimitre, physicians are no different. It’s just as important to care for your mental health and the wealth of your well-being by putting your best support team in place.About Dr. Dimitre Ranev:Dr. Dimitre Ranev is a family physician based out of Ottawa, Ontario, and Gatineau, Quebec. He is a faculty lecturer at McGill University. He is a gifted teacher known for engaging his audience with clear, concise explanations. He is passionate about financial education, as it is the path to personal and professional freedom. Resources discussed in this episode:Primary Medicine podcast'How is my Financial Health, Doc?' podcast by Vu Kiet Tran—Physician Empowerment: website | facebook | linkedinDr. Dimitre Ranev | Medical Doctor / Faculty Lecturer at McGill University: linkedin--Transcript:Kevin Mailo Hi, I'm Dr. Kevin Mailo, and you're listening to the Physician Empowerment Podcast. At Physician Empowerment, we're focused on transforming the lives of Canadian physicians through education and finance, practice transformation, wellness, and leadership. After you've listened to today's episode, I encourage you to visit us at physempowerment.ca - that's P H Y S empowerment.ca - to learn more about the many resources we have to help you make that change in your own life, practice, and personal finances. Now on to today's episode. Kevin Mailo Hi there. I'm Dr. Kevin Mailo, one of the cofounders of Physician Empowerment and one of the cohosts of the Physician Empowerment podcast. And I am so excited to bring to you today another cofounder/cohost, Dr. Dimitre Ranev. And Dimitre is very close friend of mine. We did family medicine training together all those years ago at McMaster family practice in downtown Hamilton. It's been a lot of years of friendship, and starting Physician Empowerment together and podcasting together on the Primary Medicine podcast. And so I'm so excited to launch our newest project, which is the Physician Empowerment podcast. So Dimitre, why don't you introduce yourself, share a little bit about yourself, talk about your practice. Tell us a little bit about who you are. Dimitre Ranev Yeah, sure. So that's still my practice first. Currently, I practice in both Quebec and in Ontario, I live in Ottawa, but I cross the bridge to Gatineau, which is the small town across the river. And I am a family doctor but I found a niche, which is that I do trans care and sexual health. In fact, I teach those topics at McGill University as well. So that's my sort of my medical hat. In Ottawa, I work for Executive Health, I'm part of the Telus Health team, where I get to meet executive people and actually do the good old medicine, you know, spending half an hour with somebody, forty minutes, new preventive care, which you don't have time to do anymore. But at least I get to do that in Ottawa. And I learned a lot from these people, because they're executives, they're motivated and talking to them is always very illuminating experience. And there's a lot of wisdom. So I'm very fortunate to be exposed to that as well. But I'm also involved with Physician Empowerment. I'm also involved with the Primary Medicine podcast, I love podcasting. I love talking to people. I love learning things from people. And that's why I'm excited that we're starting this because we have a lot of interesting people to talk to. Colleagues and so forth. Kevin Mailo Yeah, there's so much there. So we graduated over 10 years ago, we entered practice over 10 years ago. Why don't you go ahead and tell us a little bit about your financial journey. So you educate in finance, you are, you know, a teacher in finance. And Dimitre, for those of you that have not been to one of our conferences, does some incredible talks on tax planning, as well as the markets. So equities, bonds, crypto, you do so much, and you know so much, but I know you weren't always there. So why don't you go ahead and share a little bit about yo

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 your strength. This ability to allow others to take tasks from you allows you to focus on what your specialty is and contributes to growth in many areas and contributes to not just financial wealth but wealth in terms of time and wellness. They discuss the necessity of “decompressing perspective changes” and paradigm shifts in the service of finding your own dream instead of following the path of someone else’s.About Dr. Wing Lim:Dr. Wing Lim completed his Medical Degree at the University of Alberta in 1991 & Family Medicine Residency in 1993. Later he qualified for the FCFP designation in 2005 & 2019. His practice is focused on preventive health & Geriatric Home Visits, for which he received the Alberta Centennial Medal in 2005. Apart from his clinical & teaching roles, Dr. Lim has extensive experience in Practice Management and Business Development. He co-launched the Sherwood Park Primary Care Network in 2007 (currently 90+ physician members). In 2009, he founded the Synergy Medical Clinic, which grew from 12 to 37 physicians over the following ten years, serving a panel of 50,000+ patients. He also co-developed the Synergy Wellness Centre, a 75,000 sq ft integrated medical-professional destination providing 55+ medical modalities by various specialties & allied health professionals, with over 500,000 patient encounters annually. He is currently co-developing a 165-bed Senior retirement facility with the provision of comprehensive care from independent, active living to secured Dementia care. Dr. Lim is passionate in sharing his extensive knowledge & experience (both clinical & business) with others in various settings, from his clinic mentoring younger colleagues, to churches, senior groups, ethnic functions, radio broadcasts, retreats, seminars and national conferences.Resources discussed in this episode:Synergy Wellness CentreSynergy Medical Plus—Physician Empowerment: website | facebook | linkedinWing Lim, BMSc, MD, CCFP, FCFP: website | linkedin__Transcript:Kevin Mailo Hi, I'm Dr. Kevin Mailo, and you're listening to the Physician Empowerment Podcast. At Physician Empowerment, we're focused on transforming the lives of Canadian physicians through education and finance, practice transformation, wellness, and leadership. After you've listened to today's episode, I encourage you to visit us at physempowerment.ca - that's P H Y S empowerment.ca - to learn more about the many resources we have to help you make that change in your own life, practice, and personal finances. Now on to today's episode. Kevin Mailo Hi there. I'm Dr. Kevin Mailo, one of the cohosts of the Physician Empowerment podcast and one of the cofounders of Physician Empowerment. And on today's episode, I'm very excited to bring to you my fellow cohost/cofounder, Dr. Wing Lim, and Wing is a very close friend of mine, a mentor, like a father figure to me. You're a lot to me, Wing, and we've had an incredible journey together. We met years ago. And we've done so, so, so much together, but let me introduce you to our audience. Wing is a family physician based out of Sherwood Park, Alberta, just east of Edmonton, and practice focused mostly on the care of the elderly. But I think saying that you're a family doctor really does not describe you in any anywhere close to its fullest sense. Because you are so much more than your medical practice. You are a real estate developer, a business person, an educator. So why don't you go ahead and share today a little bit about your journey, because I'm inspired by your journey of going from a struggling family doctor in the early 90s to what you are now and how you got there. So just go ahead and share with us what that was like. And I'll interrupt from time to time with my questions. Wing Lim Sure. Thank you so much for the kind introduction. And yes, Kevin and I, we met half a dozen years ago, maybe? And we instantly clicked and I caught his stream about this Physician Empowerment thing. And I thought, you know, I was actually a speaker, right? But honestly I didn't know I w

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, teams, other people’s talent - and treasure/money, you will have tapped into an endless source of wealth from which your success can be fuelled. Dr. Lim shares his personal insights on exactly how the three T’s have made the difference for him.About Dr. Wing LimDr. Wing Lim completed his Medical Degree at the University of Alberta in 1991 & Family Medicine Residency in 1993. Later he qualified for the FCFP designation in 2005 & 2019. His practice is focused on preventive health & Geriatric Home Visits, for which he received the Alberta Centennial Medal in 2005. Apart from his clinical & teaching roles, Dr. Lim has extensive experience in Practice Management and Business Development. He co-launched the Sherwood Park Primary Care Network in 2007 (currently 90+ physician members). In 2009, he founded the Synergy Medical Clinic, which grew from 12 to 37 physicians over the following ten years, serving a panel of 50,000+ patients. He also co-developed the Synergy Wellness Centre, a 75,000 sq ft integrated medical-professional destination providing 55+ medical modalities by various specialties & allied health professionals, with over 500,000 patient encounters annually. He is currently co-developing a 165-bed Senior retirement facility with the provision of comprehensive care from independent, active living to secured Dementia care. Dr. Lim is passionate in sharing his extensive knowledge & experience (both clinical & business) with others in various settings, from his clinic mentoring younger colleagues, to churches, senior groups, ethnic functions, radio broadcasts, retreats, seminars and national conferences.Resources discussed in this episode:Synergy Wellness CentreSynergy Medical PlusConfucius quote—Physician Empowerment: website | facebook | linkedinWing Lim, BMSc, MD, CCFP, FCFP: website | linkedin__TranscriptKevin Mailo Hi, I'm Dr. Kevin Mailo, and you're listening to the Physician Empowerment Podcast. At Physician Empowerment, we're focused on transforming the lives of Canadian physicians through education and finance, practice transformation, wellness, and leadership. After you've listened to today's episode, I encourage you to visit us at physempowerment.ca - that's P H Y S empowerment.ca - to learn more about the many resources we have to help you make that change in your own life, practice, and personal finances. Now on to today's episode. Kevin Mailo Hi, I'm Kevin Mailo, one of the co-founders of Physician Empowerment. Tonight we're hosting a webinar. It's a beautiful summer evening out there. And I'm not going to keep this too long, because I'm headed off for some water skiing for the first time this year, yeah, so I'm really happy about that. And I'm very happy to have my fellow co-founder here as well, Dr. Wing Lim. And tonight what we're going to be talking about, Wing and I are going to be discussing wealth mindsets. I think this is such an important topic for physicians, because many of us have access to knowledge, many of us have access to credit, we have high incomes to invest, but one of the things that, you know, I found over this journey of educating physicians in finance is that there's a lot of facts, knowledge, and information out there in the world - we can go on the internet and find that very easily - but wisdom and experience are in short supply. And so we try to hit to some of these deeper notes by covering some of these more profound topics. And one of the ones that we want to discuss, and only in brief, because there are entire books written about this, is the notion of wealth mentalities. And I'm interviewing Wing today, because it's really exciting to hear his journey. And if you want, you can go back to one of our founding episodes to hear Wing's entire origin story. But in brief, you know, Wing, you started out as a family doctor in general practice in the early 90s, kind of doing it all - hospital-based, clinic-based, psychotherapy, delivering babies, you did it all. Why don't you tell us just the start, the first question I got for you is just tell us a little bit abou