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 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. 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. Like what you heard? Subscribe and Rate Us!

Can doctors really achieve passive income while managing demanding schedules? Dr. Peter Kim reveals how he turned limited free time into a pathway for financial freedom. He emphasizes that passive income is about creating options without quitting medicine. Discover the vital first steps for busy physicians, along with practical time management tips. Plus, find out how joining supportive communities can accelerate your journey toward building a balanced and fulfilling career.

What if your physician income vanished overnight? Dr. Peter Kim dives into real stories of doctors facing unexpected job changes. Learn why relying on a single paycheck can be perilous. Discover the importance of diversifying income streams to build a financial buffer, easing money stress. The podcast emphasizes taking action and the power of community support for achieving financial security. If you’ve ever felt trapped in your job, this conversation will inspire you to explore new possibilities!

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? Click here to register today! 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. Worried that giving to your family might put your retirement at risk? Download 7 Smart Ways to Give to Your Family Without Risking Your Retirement, a practical guide for physicians who want to pass on wealth with purpose and confidence. Learn how to support your loved ones during key life moments, give from cash flow instead of savings, and build a legacy while staying financially secure. 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. Like what you heard? Subscribe and Rate Us!

Dr. Peter Kim reveals how to build a recession-resistant investment strategy that keeps you calm during market fluctuations. He highlights common pitfalls that physicians face with their portfolios and the crucial role of diversification. The importance of mindset and community support is emphasized as key to financial peace. Listeners learn effective strategies for navigating uncertainties and gain access to a practical checklist to boost their investment confidence. Prepare for economic challenges with knowledge and support from like-minded peers!

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. 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. Wondering if you’re making smart investment moves? Download the Physician’s Investing Mistake Checklist: 7 Costly Errors to Avoid—a fast, practical guide to help you avoid 7 common (and costly) mistakes. Use Peter’s proven tips to align your strategy, avoid overwhelm, and grow with confidence. 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. Like what you heard? Subscribe and Rate Us!

Dr. Peter Kim dives into a pressing financial dilemma: should you pay off debt or invest? He weighs the pros and cons of both approaches and shares practical, real-life scenarios. With a straightforward framework, listeners can determine the right choice based on their financial goals. Plus, he introduces a handy cheat sheet to guide the decision-making process. Whether you seek freedom, cash flow, or peace of mind, this discussion equips you with the tools to confidently navigate your financial future.

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 The Doctor’s Free Time Audit & Side Hustle Planning Toolkit—a simple, practical guide to reclaiming your time, designing your ideal week, and carving out space for your side hustle without burnout. Start with just a few small shifts and get ready to create more freedom in your life! 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. Like what you heard? Subscribe and Rate Us!

Discover why understanding AI is crucial for today's physicians. The discussion dives into how AI is revolutionizing clinical practices and enhancing personal efficiency. Learn practical applications of AI that can simplify daily tasks and improve financial management. Plus, get insights into exciting events aimed at boosting productivity and exploring side hustles. This episode serves as your gateway to harnessing AI for a more freeing and effective medical career.

In this episode, Dr. Peter Kim explores why even high-earning physicians often feel stuck—and how to break free. He unpacks the “Medical Hamster Wheel,” where income is tied to time, and explains why true freedom comes from creating options outside of clinical work. You’ll hear his personal journey, including how passive income through real estate helped him reclaim time with family and rediscover joy in medicine. If you're ready to stop spinning and start living on your own terms, this episode is for you. Tune in! Feeling Burned Out But Not Sure Why? Download 5 Signs You're Stuck in the Medical Hamster Wheel and How to Get Out—a quick, powerful guide to help you recognize burnout, regain clarity, and take the first steps toward genuine time freedom and control over your career. 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. Like what you heard? Subscribe and Rate Us!