What You’ll Learn From This Podcast
In this episode I am joined by Dr. Tom Burns, an orthopedic surgeon and entrepreneur based in Austin, Texas. Tom has over 25 years experience in real estate acquisitions, development, and management. He has been financially independent for a decade and hopes to inspire others in his profession to generate passive income. He is here today to discuss his new book, physician burnout, and his real estate journey.
Tom tells us about his new book, ‘Rich Doctor,’ which was inspired by his friend Robert Kiyosaki, author of the ever popular ‘Rich Dad, Poor Dad.’ Tom realized he could help other people in his profession achieve the financial freedom he had achieved and overcome physician burnout.
Now, having been financially free for a decade, Tom is able to enjoy his work again. Financial freedom has allowed him more control over his time and business, meaning he can do more of what he wants to do. Tom goes on to explain how he ended up in real estate development and how his hunger for knowledge led him to where he is now.
The biggest challenge that Tom had to overcome on his journey was letting go of the do-it-yourself mindset that so many medical professionals have. He tells us that he had to learn to let go and hire the right people for the job. He realized he didn’t need to and couldn’t do everything.
To end the episode, Tom offers some advice to those looking to attain financial freedom. Educate yourself, never stop learning, and learn to understand the risks you are taking.
