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.

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In this episode, Dr. Peter Kim dives into a question many physicians quietly ask themselves: Is it really possible to build passive income while working full-time in a demanding medical career?

As a former OB anesthesiologist, Peter understands what it’s like to juggle back-to-back shifts, 24-hour calls, and barely enough time to eat. He shares how he got started in passive income by making small but intentional use of his limited free time. You’ll learn what passive income actually looks like for doctors, why it’s more about creating freedom than quitting medicine, and how to take your first steps even with a packed schedule.

If you’re looking for more control, more options, and a better work-life balance, this episode is for you. Tune in!

Burning out and looking for a better way forward?

This 7-day guide is your jumpstart to building passive income, even with a packed physician schedule. In just 15 minutes a day, you’ll take clear, practical steps toward financial freedom. No overwhelm. No fluff. Just real momentum.

Download the 7-Day Passive Income Kickstart for Busy Physicians!

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.

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In this episode, Dr. Peter Kim asks a big question: what would you do if your physician income suddenly stopped? He shares real stories of doctors who thought their jobs were secure, until everything changed. You’ll hear why relying on just one paycheck can be risky, and what you can do to protect yourself. If you’ve ever felt stressed about money or stuck in your job, this episode will help you see that there are other options. Tune in!

Joining the Physician Accelerator Summit? Click here to register today!

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.

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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.

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In this episode, Dr. Peter Kim shares how to build a recession-resistant investment strategy—so you can sleep well at night no matter what the market’s doing. He breaks down the biggest mistake physicians make with their portfolios, why diversification matters more than ever, and how real estate fundamentals still win in tough times. Plus, he explains how mindset, liquidity, and community are key to long-term financial peace. If you’re feeling uncertain about the economy, this episode is a must-listen.

Worried your investments aren’t ready for a downturn?

Download the Physician’s Recession-Resistant Investment Checklist—a quick, practical guide to help you assess your portfolio, strengthen cash flow, and build lasting resilience. Use Dr. Peter Kim’s proven 5-step framework to create stability, reduce risk, and sleep better at night—no matter what the market’s doing.

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.

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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.

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In this episode, Dr. Peter Kim tackles a big financial question: Should you pay off debt first or start investing? He breaks down the pros and cons of each path, shares real-life examples, and offers a simple framework to help you decide what’s right for you. Whether you're focused on freedom, cash flow, or peace of mind—this episode will help you take your next step with confidence.

Still debating whether to pay off debt or start investing?

Download the Doctor’s 5-Minute Cheat Sheet: Pay Off Debt or Invest First—a fast, practical guide to help you decide with clarity. Use Peter’s proven hybrid formula, answer 5 key questions, and take your next financial step 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.

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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!