White Coat Investor Podcast

WCI #421: Finding Joy in Your Work with Dr. Cory Fawcett

9 snips
May 29, 2025
Dr. Cory Fawcett, a seasoned author and expert in physician finance, shares his insights on finding joy in work and combating burnout. He discusses the importance of personal habits over mere technical skills for financial success. Fawcett recounts his own transition from medicine to purpose-driven work, offering practical advice for rekindling passion in medical careers. He also emphasizes effective communication in navigating workplace challenges and provides strategies for managing difficult boss relationships, fostering a more fulfilling professional life.
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ANECDOTE

Gradual Ramp to Retirement

  • Dr. Cory Fawcett gradually ramped down his surgical practice before retiring fully.
  • This helped him transition smoothly and maintain his skills longer.
ANECDOTE

Hands-On Real Estate Beginnings

  • Cory managed and maintained his own small apartment complexes for a year to understand real estate fully.
  • Later, he outsourced property management to keep it passive and enjoy travel.
INSIGHT

Loss of Medical Autonomy

  • Doctors lost joy in their work as medicine transitioned from owner-driven to employer-driven.
  • This shift changed autonomy and increased feelings of powerlessness.
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