Side Hustles For Doctors: Everything You Need to Know About Leverage

In this week’s episode Tommy discusses all things leverage, and how leverage should play an important role in your side hustle. This video will talk you through what leverage is and how it is a vital component that should be implemented in order to create a successful business or side hustle. Tommy will talk through the four main types of leverage and provide specific examples of doctors that have used leverage to build successful businesses. In this episode we cover:

- What is Leverage?
- Why it is difficult to leverage as a healthcare professional?
- What are the four main types of leverage?
- How to use people to leverage?
- How to use money to leverage?
- How to use media to leverage?
- How to use code to leverage?
- Real life examples of leverage

Important timestamps:

00:00 Introduction to Side Hustles and Leverage
00:58 Understanding the Concept of Leverage
01:32 The Problem with Leverage in Medical Profession
02:56 Examples of Leverage: Writing a Book
03:35 Breaking Down Leverage into Four Categories
03:56 Leveraging People: Pros and Cons
06:53 Leveraging Money for Investing
08:31 Leveraging Media Exposure
09:58 Leveraging Code or Software
13:37 Summing Up and What's Next

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DISCLAIMER:This channel is for education purposes only and does not constitute financial advice and tax allowances and rates are subject to change.