It is a fact that salaries have been decreasing for almost every profession nowadays. It has now become a necessity of the time to have a side hustle to keep the money growing. I love side hustling. I’ve done multiple side hustles over the years. They’ve helped me pay off debt and more.
Doctors just like anyone else may need more money from time to time. The cost of living is going up all across the country, so having a side hustle is huge. In today’s post, I want to share with you a few side hustles that doctors can do.
Invent a Medical Product
The first side hustle on the list is to invent a medical product. In case you are interested in CAD or engineering, you can easily invent a medical product with the help of a cheap and reasonable CNC machine. From a pen clip for medical professionals to a walking cane, you can invent anything on your own and earn profit out of it. The only thing that you need here is dedication and consistency in your efforts and you will surely see the results then. If you have design skills, you can even create t-shirts. There are different platforms that you can use such as Teespring or Redbubble to launch your designs.
Host an Educational Seminar
Teaching the general public about healthcare is one good way to earn a few dollars. This side hustle won’t give you much profit in the beginning, but it will be great for you if you want to help other people and make them aware of how important health is. Staring a CPR class for corporate offices, local fire departments and other small businesses is a good option to start with this side hustle. There are several places where you can host the seminars such as community centers or on college campuses.
Prepare Students for the MCAT
If you are a doctor then obviously you have a lot of knowledge on your subject. If you are a people person, you can prepare students for the MCAT. So, in case you want to have some fun while teaching your favorite subjects to the future doctors then don’t hesitate and gather some potential medical students and start teaching them right at the moment. You can earn a decent amount out of it. Also, you can help in building someone else’s future.
Start an Equipment Business
The medical industry is earning billions at the moment. You can also become a part of it by investing some of your money into medical equipment and resell it. You can also bid on supply contracts for smaller hospitals. This will let you earn bulk money in a short time span.
Create an Online Course
The final side hustle that you can do is to create an online course. As a doctor, you know a plethora of things that others don’t. You can share that knowledge by creating a course. An example would be a course on how to prevent certain diseases by changing your diet. The opportunities are out there. You just have to figure out what you want to teach and then create the course.
In summary, the side hustles for doctors are to invent a medical product, host an educational seminar, prepare students for the MCAT, start a medical equipment business, and to create an online course. If one of those doesn’t appease you, there are other things that you can do. I want you to find a side hustle that you enjoy.