Reply to Majors/careers for a kid who wants money and work/life balance

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]So he basically wants money but doesn’t want to work hard? Isn’t that what you are really saying, OP?[/quote]

That’s the dream!  Don’t be jealous you didn’t think of this.

Dermatologist or orthodontist.  Hard to get into but the careers aren’t as stressful as other kinds of medicine.  But you make bank.  [/quote]

Dermatologists and orthodontists who have their own practices tend to be the creators of income for everyone else downline.

If you take vacation, it hits your own bottom line since there's only so much your support staff can do in your absence. 
[/quote]
Yes. Running a business is a whole other thing; this should not be downplayed. Med, dental, law schools don't teach you how to run a practice and don't tell you how much time and money it takes.  Sure, you can make good money, but it's a job on top of a job until you get it running efficiently and profitably. Not everyone is cut out for or wants to employ others,  finance the property and equipment, do marketing, payroll, manage employees, etc. [/quote]

Most private practices are large group practices, sometimes multispecialty with multiple locations. We hire a CEO and have a handful of docs rotate through executive positions to lead with the CEO. We are smart; most of us can learn what we need to on the job the first few years as partner, from the senior physicians and from the CEO and CFO/accountant. It is not that difficult, frankly, unless you are trying to start a practice from scratch. That is quite rare. Instead you look for medium to large metropolitan area and interview at practices that have retiring docs. Every couple of years the big ones have someone retiring. [/quote]
Someone had to start from scratch at some point. [/quote]

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