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Financial Residency

Coffee & Contracts - Learning from the Mistakes of Others

Jul 3, 2024
08:58

This episode is brought to you by Equity Multiple. Dedicated to assisting physicians in simplifying their investment journey, Equity Multiple enables passive investment in vetted, professionally managed commercial real estate. Learn more at www.equitymultiple.com.

Today, Jon Appino talks about two stories from clients to illustrate this.

First, a physician didn't review her current contract before accepting a new job. She thought she had everything covered but overlooked a policy that cost her nearly $100,000 in bonus pay. This highlights the need to review all contracts thoroughly.

Second, another physician accepted a job offer with a risky salary agreement. Despite our warnings, he signed the contract and now finds himself unhappy and potentially owing a substantial repayment.

These stories emphasize the importance of understanding every detail of your contract, both when leaving a current job and accepting a new one. Contracts are complex, and thorough review can prevent costly mistakes.

Jon invites individuals to contact Contract Diagnostics through phone, chat, or email for personalized assistance, visit www.ContractDiagnostics.com

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