"Joining a practice for the first time after training, whether in academia or the private sector is fraught with challenges and a learning curve. Postgraduate education has not sufficiently taught anyone how to manage the nuances of this new arena, or completely how to become successful. Success is not solely a function measured by reportable taxable income. Respect by colleagues, patients, partners, and staff are just as important, if not more so, and the financial attributes will be realized if the tangibles and intangibles discussed are appropriately executed in the correct environment." Although the preceding statements were made as reflecting on the first year of practice, they hold true 10 years later, and always. This article discusses what can be learned from a decade of "doing" even when having "planned well." Some concepts that have not changed are maintained throughout, some have been updated from experience, and some have been completely changed. Just remember, what you do should be dynamic and adaptable over time, but the principles, if sound from the start, never change.
Copyright remains with the authors and publisher.
"Joining a practice for the first time after training, whether in academia or the private sector is fraught with challenges and a learning curve. Postgraduate education has not sufficiently taught anyone how to manage the nuances of this new arena, or completely how to become successful. Success is not solely a function measured by reportable taxable income. Respect by colleagues, patients, partners, and staff are just as important, if not more so, and the financial attributes will be realized if the tangibles and intangibles discussed are appropriately executed in the correct environment." Although the preceding statements were made as reflecting on the first year of practice, they hold true 10 years later, and always. This article discusses what can be learned from a decade of "doing" even when having "planned well." Some concepts that have not changed are maintained throughout, some have been updated from experience, and some have been completely changed. Just remember, what you do should be dynamic and adaptable over time, but the principles, if sound from the start, never change.
Copyright remains with the authors and publisher.