EP331: Side Hustles for Physicians - 20 Ideas You Can Start This Month
BootstrapMD - Physician Entrepreneurs Podcast with Dr. Mike Woo-Ming
Release Date: 02/04/2026
BootstrapMD - Physician Entrepreneurs Podcast with Dr. Mike Woo-Ming
Building a physician newsletter that scales without stealing your life? It's possible. In this episode of Bootstrap MD, host Dr. Michael Woo-Ming, builds on last week's newsletter startup advice, sharing proven strategies to reach 1,000 subscribers sustainably. He debunks ineffective tactics like daily social blasts or premature ads, emphasizing simplicity: pick 2-3 channels (LinkedIn, guest spots, content syndication) and show up consistently for 6-12 months. Dr. Woo-Ming outlines the "three-channel method" LinkedIn for credibility (2-3 posts/week with...
info_outlineBootstrapMD - Physician Entrepreneurs Podcast with Dr. Mike Woo-Ming
Tired of shouting into the social media void? What if your email list became your most powerful tool for building authority and staying connected? In this practical episode of Bootstrap MD, host Dr. Mike Woo-Ming draws from his experience running two newsletters to deliver a step-by-step guide on creating emails that people actually open and read. He breaks down common failure modes: writing like you're charting or only emailing when you want sales, and offers a repeatable structure for hooks, stories, and soft calls to action. Dr. Woo-Ming covers content buckets tailored for...
info_outlineBootstrapMD - Physician Entrepreneurs Podcast with Dr. Mike Woo-Ming
Should you launch your physician-led business alone or bring in partners? It’s a make-or-break choice that could lead to freedom, growth, or disaster. In this episode of Bootstrap MD, Dr. Mike Woo-Ming shares insights from his dual experiences in successful solo ventures and partnerships, both triumphant and turbulent. He breaks down the advantages of going solo, like complete autonomy, faster decisions, and keeping 100% of profits, versus the challenges, such as burnout and limited skills. On the partnership side, he highlights benefits like complementary expertise, shared risks, and faster...
info_outlineBootstrapMD - Physician Entrepreneurs Podcast with Dr. Mike Woo-Ming
Tired of relying solely on clinical shifts? Discover 20 practical side hustle ideas tailored for busy physicians, from telemedicine to real estate investing. Host Dr. Mike Woo-Ming shares actionable first steps, income potential, and tips to launch part-time without quitting your day job. He draws from his 20+ years as a physician entrepreneur to outline 20 viable side hustles you can start this month with minimal investment. Organized into four categories Clinical-adjacent (telemedicine, locum tenens, expert witness) Knowledge-based ( medical writing, online courses, podcasting,...
info_outlineBootstrapMD - Physician Entrepreneurs Podcast with Dr. Mike Woo-Ming
What if AI could turn your medical expertise into passive income streams, without adding a single hour to your day? In this episode of Bootstrap MD, Dr. Mike Woo-Ming, breaks down how AI serves as an "insurance policy" for your medical career, helping you build assets, generate new revenue streams, and reclaim time. Drawing from real-world examples in his community, he outlines four actionable "lanes": Content and Authority: Turning voice memos into podcasts, social posts, and leads; Education and Digital Products: Packaging patient FAQs into 24/7 programs; ...
info_outlineBootstrapMD - Physician Entrepreneurs Podcast with Dr. Mike Woo-Ming
What if you could validate your side business idea and earn your first $10,000 before building a website or content empire? In this practical solo episode, host Dr. Mike Woo-Ming draws from his entrepreneurial experience to guide physicians away from common pitfalls like overcomplicating launches with unnecessary infrastructure. He explains the "credentialing mindset" that holds doctors back and advocates for a minimum viable test: Define a specific audience and transformation, run a free webinar with a framework and offer, and promote it via your existing network. Real examples, including his...
info_outlineBootstrapMD - Physician Entrepreneurs Podcast with Dr. Mike Woo-Ming
This episode is sponsored by . Lightstone DIRECT invites you to partner with a $12B AUM real estate institution as you grow your portfolio. Access the same single-asset multifamily and industrial deals Lightstone pursues with its own capital – Lightstone co-invests a minimum of 20% in each deal alongside individual investors like you. You’re an institution. Time to invest like one. _____________ This Episode is also sponsored by Ryze Health Every minute counts in medicine—so why waste it on clunky admin work? With Ryze Health, practice management becomes effortless. Our...
info_outlineBootstrapMD - Physician Entrepreneurs Podcast with Dr. Mike Woo-Ming
EP327: Predictions for 2026: A Playbook for Physician Entrepreneurs This episode is sponsored by . Lightstone DIRECT invites you to partner with a $12B AUM real estate institution as you grow your portfolio. Access the same single-asset multifamily and industrial deals Lightstone pursues with its own capital – Lightstone co-invests a minimum of 20% in each deal alongside individual investors like you. You’re an institution. Time to invest like one. _____________ This Episode is also sponsored by Ryze Health Every minute counts in medicine—so why waste it on clunky admin work? With...
info_outlineBootstrapMD - Physician Entrepreneurs Podcast with Dr. Mike Woo-Ming
EP326: 2025 Retrospective - What Actually Worked (And Flopped) for Physician Entrepreneurs. This episode is sponsored by . Lightstone DIRECT invites you to partner with a $12B AUM real estate institution as you grow your portfolio. Access the same single-asset multifamily and industrial deals Lightstone pursues with its own capital – Lightstone co-invests a minimum of 20% in each deal alongside individual investors like you. You’re an institution. Time to invest like one. _____________ This Episode is also sponsored by Ryze Health Every minute counts in medicine—so why waste it on...
info_outlineBootstrapMD - Physician Entrepreneurs Podcast with Dr. Mike Woo-Ming
This episode is sponsored by . Lightstone DIRECT invites you to partner with a $12B AUM real estate institution as you grow your portfolio. Access the same single-asset multifamily and industrial deals Lightstone pursues with its own capital – Lightstone co-invests a minimum of 20% in each deal alongside individual investors like you. You’re an institution. Time to invest like one. _____________ This Episode is also sponsored by Ryze Health Every minute counts in medicine—so why waste it on clunky admin work? With Ryze Health, practice management becomes effortless. Our all-in-one...
info_outlineTired of relying solely on clinical shifts?
Discover 20 practical side hustle ideas tailored for busy physicians, from telemedicine to real estate investing. Host Dr. Mike Woo-Ming shares actionable first steps, income potential, and tips to launch part-time without quitting your day job. He draws from his 20+ years as a physician entrepreneur to outline 20 viable side hustles you can start this month with minimal investment. Organized into four categories
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Clinical-adjacent (telemedicine, locum tenens, expert witness)
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Knowledge-based ( medical writing, online courses, podcasting, coaching)
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Tech/digital (app consulting, social media influencing, affiliate marketing)
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Business/investment ( real estate, practice consulting, med spa startups)
He covers why each works for doctors, first steps like signing up for platforms or networking, realistic income ranges ($500–$50,000+/month), and quick tips for success. Emphasizing action over perfection, Dr. Mike encourages picking 2–3 ideas based on your time, capital, timeline, and passions to build extra $5K–$10K/month while preventing burnout and achieving independence.
Three Actionable Takeaways:
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Explore Clinical-Adjacent Gigs for Quick Wins: Start with telemedicine or locum tenens: Sign up for platforms like MD Live or agencies this week, aiming for 5–10 hours/month at $100–$300/hour to test flexibility and fund other ventures.
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Monetize Your Knowledge Digitally: Create an online course or podcast. Outline a mini-course on Kajabi/Teachable or record your first episode in two weeks, targeting passive income of $5K–$50K annually through sales or sponsorships.
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Build Long-Term Assets Through Business: Invest in real estate or start a cash-based practice: Attend a local meetup or research franchises, focusing on high-margin niches like med spas for $100K+ post-expenses while diversifying income.
About the Show:
Bootstrap MD is the ultimate podcast for physician entrepreneurs looking to escape traditional healthcare and control their financial futures. Hosted by Dr. Mike Woo-Ming, a successful physician, entrepreneur, and investor, the show delivers actionable insights on starting businesses, creating passive income, and navigating healthcare entrepreneurship. Featuring interviews with industry leaders, physicians, and experts in telemedicine and digital health, it’s your guide to building a profitable, fulfilling career.
Tune in weekly at http://bootstrapmd.com
About the Host:
Dr. Mike Woo-Ming has over 20 years of experience as a physician entrepreneur. He’s built and sold multiple seven-figure companies and now leads Executive Medical, a group of clinics specializing in age management and aesthetics. Through BootstrapMD, he mentors physicians in business, content creation, and autonomy.
Let’s Connect: www.https://www.bootstrapmd.com
Want to start a podcast? Check out the Doctor Podcast Network!