Eliminate Your Commute – 397

On this week’s episode of the PNC podcast, John runs through the most popular home based careers for physicians.  He starts by explaining why home based careers are so attractive.

Then he describes the benefits and challenges of each one.

Our Sponsor

We're proud to have the University of Tennessee Physician Executive MBA Program, offered by the Haslam College of Business, as the sponsor of this podcast.

The UT PEMBA is the longest-running, and most highly respected physician-only MBA in the country. It has over 700 graduates. And, the program only takes one year to complete. 

By joining the UT Physician Executive MBA, you will develop the business and management skills you need to find a career you love. To learn more, contact Dr. Kate Atchley’s office at (865) 974-6526 or go to nonclinicalphysicians.com/physicianmba.

For Podcast Listeners

  • John hosts a short weekly Q&A session on topics related to physicians' careers and leadership. Each discussion is posted for you to review and apply. Sometimes all it takes is one insight to take you to the next level of your career. Check out the Weekly Q&A and join us for only $5.00 monthly.
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Why Work from Home?

There are three main benefits to choosing a home-based career:

1. Convenience

When you work from home, you’re able to handle household responsibilities. Navigating childcare or adult caretaking responsibilities may make this type of career necessary.

2. Cost Savings

Eliminating your commute means you’ll save time, and reduce gasoline and auto maintenance costs, saving you thousands of dollars each year. And the time not spent commuting can be spent working and enhancing your income.

3. Flexibility

Home based careers offer the most flexibility. Though some require working 8-hour days, most will allow you to choose your hours. And you might be able to work from anywhere in the world, even while traveling. Or at odd hours, if you prefer.

Popular Home-based Careers

Here are the factors to consider when seeking one of these popular home based careers:

  • Chart Review: Performing chart reviews can be done for utilization management, disability and worker’s compensation assessments, expert witness consulting, clinical documentation, and quality improvement. You can work anywhere that has access to the Internet and phone service. Some jobs require work during regular business hours.
  • Medical writing: As a freelancer, you must set up your own business, and find work, initially. But once you develop relationships with several editors, you should be able to generate regular income, working from anywhere in the world. You must have the self-discipline to meet regular deadlines.
  • Telemedicine: This is an especially flexible career. You must ensure that you are working with a reputable company. You can start by supplementing your income by moonlighting. And you need to take the necessary steps to manage your liability exposure. You can boost your income by working when other physicians are not working, such as during weekends and holidays.
  • Consulting: If you're a consultant working from home, you will likely be freelancing, rather than working for a large consulting firm. You may have to do some traveling and speaking to build your authority and market yourself. But once you get started, most of your business can be done from home.
  • Coaching: Coaching is similar to consulting. But the term is usually used with life, health, wellness, and business coaching of individuals or small groups. It can be face-to-face, but remote coaching is much more common. You must choose a coaching field based on your personal expertise, or obtain formal training, and possibly certification.

Summary

Home based careers offer a great deal of flexibility. There are several attractive options to consider. The income levels might start out at the lower end of a clinical salary. But busy coaches, consultants, writers, chart reviewers, and telemedicine providers will experience improving revenues as they streamline their businesses and increase their customer or patient base. 

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Disclaimers:

Many of the links that I refer you to, and that you’ll find in the show notes, are affiliate links. That means that I receive a payment from the seller if you purchase the affiliate item using my link. Doing so has no effect on the price you are charged. And I only promote products and services that I believe are of high quality and will be useful to you, that I have personally used or am very familiar with.

The opinions expressed here are mine and my guest’s. While the information provided on the podcast is true and accurate to the best of my knowledge, there is no express or implied guarantee that using the methods discussed here will lead to success in your career, life, or business.

The information presented on this blog and related podcast is for entertainment and/or informational purposes only. It should not be construed as medical, legal, tax, or emotional advice. If you take action on the information provided on the blog or podcast, it is at your own risk. Always consult an attorney, accountant, career counselor, or other professional before making any major decisions about your career.