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#260 Why Every Physician Needs to Understand AI — Now

The Passive Income MD Podcast

Release Date: 04/21/2025

#270 Leveraging Your Expertise: How to Earn More With What You Already Know show art #270 Leveraging Your Expertise: How to Earn More With What You Already Know

The Passive Income MD Podcast

In this episode, Dr. Peter Kim explores how physicians can unlock new income streams using the knowledge they already have. He shares three practical ways to leverage your medical expertise beyond clinical work, where to find these opportunities, and how to overcome the fear that keeps many doctors stuck. If you're wondering how to build more freedom and fulfillment in your career without starting from scratch, this episode is for you. Tune in! Are you looking for a community to encourage you as you begin, or want to accelerate your business to the next level? Then join thousands of...

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#269 How I’d Invest $100,000 Into Passive Real Estate as a First-Time Physician Investor show art #269 How I’d Invest $100,000 Into Passive Real Estate as a First-Time Physician Investor

The Passive Income MD Podcast

In this episode, Dr. Peter Kim shares what he’d do if he were starting out with $100,000 to invest in passive real estate. Instead of going all in on one deal, he explains a smarter, lower-risk strategy that helps you learn, grow, and invest with confidence. If you’re wondering how to get started, this episode is for you. Tune in! Eckard Enterprises brings this episode to you. , LLC, is a family-owned and operated alternative investment and asset management firm, specializing in mineral rights and the U.S. energy industry. Eckard believes that owning tangible assets is one of the...

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#268 Why Do Doctors End Up in Bad Investment Deals? show art #268 Why Do Doctors End Up in Bad Investment Deals?

The Passive Income MD Podcast

In this episode, Dr. Peter Kim chats with a familiar guest, Troy Eckard, CEO of Eckard Enterprises, about why so many doctors end up in bad investment deals. With over 40 years of experience in oil and gas, Troy breaks down the common mistakes physicians make — like trusting the wrong people or not doing enough due diligence. They talk about how to protect your money, ask smarter questions, and find investments that actually make sense for your lifestyle. If you’ve ever felt unsure about where to start or who to trust, this episode will give you real answers. Tune in! Eckard...

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#267 Can I Really Build Passive Income If I’m a Full-Time Doctor? show art #267 Can I Really Build Passive Income If I’m a Full-Time Doctor?

The Passive Income MD Podcast

In this episode, Dr. Peter Kim dives into a question many physicians quietly ask themselves: Is it really possible to build passive income while working full-time in a demanding medical career? As a former OB anesthesiologist, Peter understands what it’s like to juggle back-to-back shifts, 24-hour calls, and barely enough time to eat. He shares how he got started in passive income by making small but intentional use of his limited free time. You’ll learn what passive income actually looks like for doctors, why it’s more about creating freedom than quitting medicine, and how to take...

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#266 What Would Happen If You Lost Your Physician Income Tomorrow? show art #266 What Would Happen If You Lost Your Physician Income Tomorrow?

The Passive Income MD Podcast

In this episode, Dr. Peter Kim asks a big question: what would you do if your physician income suddenly stopped? He shares real stories of doctors who thought their jobs were secure, until everything changed. You’ll hear why relying on just one paycheck can be risky, and what you can do to protect yourself. If you’ve ever felt stressed about money or stuck in your job, this episode will help you see that there are other options. Tune in! Joining the Physician Accelerator Summit? ! Are you looking for a community to encourage you as you begin, or want to accelerate your business to...

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#265 When and How to Pass On Wealth to Your Family show art #265 When and How to Pass On Wealth to Your Family

The Passive Income MD Podcast

In this episode, Dr. Peter Kim explores what it really means to leave a legacy. Sparked by a simple question from his child, “Dad, are we rich?”, he rethinks the idea of inheritance and shares why giving during your lifetime can have a far greater impact than waiting until the end. If you’ve ever wondered how to build a meaningful legacy, this episode is for you. Tune in! Joining the Physician Accelerator Summit? ! Eckard Enterprises brings this episode to you. , LLC, is a family-owned and operated alternative investment and asset management firm, specializing in mineral rights...

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#264 How to Prepare for a Market Crash (Without Losing Sleep) show art #264 How to Prepare for a Market Crash (Without Losing Sleep)

The Passive Income MD Podcast

In this episode, Dr. Peter Kim shares how to build a recession-resistant investment strategy—so you can sleep well at night no matter what the market’s doing. He breaks down the biggest mistake physicians make with their portfolios, why diversification matters more than ever, and how real estate fundamentals still win in tough times. Plus, he explains how mindset, liquidity, and community are key to long-term financial peace. If you’re feeling uncertain about the economy, this episode is a must-listen. Worried your investments aren’t ready for a downturn? Download the —a quick,...

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#263 The Biggest Investing Mistakes Physicians Make show art #263 The Biggest Investing Mistakes Physicians Make

The Passive Income MD Podcast

In this episode, Dr. Peter Kim breaks down the five most common investing mistakes physicians make—and what to do instead. From jumping into deals without a clear goal to chasing tax perks or falling into analysis paralysis, Peter shares real-life lessons (including a few from his own journey) to help you invest with more clarity, confidence, and intention. If you’ve ever felt overwhelmed or unsure about your next financial move, this episode is for you. Tune in! Eckard Enterprises brings this episode to you. , LLC, is a family-owned and operated alternative investment and asset...

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#262 Should You Pay Off Debt or Invest? A Physician’s Guide show art #262 Should You Pay Off Debt or Invest? A Physician’s Guide

The Passive Income MD Podcast

In this episode, Dr. Peter Kim tackles a big financial question: Should you pay off debt first or start investing? He breaks down the pros and cons of each path, shares real-life examples, and offers a simple framework to help you decide what’s right for you. Whether you're focused on freedom, cash flow, or peace of mind—this episode will help you take your next step with confidence. Still debating whether to pay off debt or start investing? Download the —a fast, practical guide to help you decide with clarity. Use Peter’s proven hybrid formula, answer 5 key questions, and take...

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#261 How to Build a Business While Working Full-Time show art #261 How to Build a Business While Working Full-Time

The Passive Income MD Podcast

In this episode, Dr. Peter Kim shares how you can build a profitable business while still working full-time in medicine. He breaks down the key mindset shifts, time management strategies, and real examples of businesses physicians have successfully launched. If you've ever felt stuck or unsure where to start, this episode will give you the clarity and motivation you need to take that first step. Still trying to find time to build your first (or next) income stream? Download —a simple, practical guide to reclaiming your time, designing your ideal week, and carving out space for your side...

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More Episodes

In this episode, Dr. Peter Kim breaks down why every physician needs to understand AI — now. He shares how AI is already transforming clinical practice, streamlining businesses, and simplifying everyday life. From real-life examples to easy ways to get started, this episode is your guide to using AI as a powerful tool for saving time and creating freedom. Tune in!

Eckard Enterprises brings this episode to you.

Eckard Enterprises, LLC, is a family-owned and operated alternative investment and asset management firm, specializing in mineral rights and the U.S. energy industry. Eckard believes that owning tangible assets is one of the safest, long-term investment strategies available in today’s investment climate.

Still figuring out how to use AI in your life as a doctor?

Download The Physician’s Starter Guide to AI—a simple, practical intro to saving time, boosting income, and staying ahead in a changing medical world. Learn how AI can actually help in your day-to-day as a doctor!

Download the Guide Now!

Are you looking for a community to encourage you as you begin, or want to accelerate your business to the next level? Then join thousands of physicians who share the same journey of creating their ideal lives through multiple streams of income by joining us in our Facebook communities such as Passive Income Docs and Passive Income MD.

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