Dr Tumi Opens Up About Being A Broke Doctor! He is a qualified and registered medical doctor but Dr Tumi says being a doctor is not all that people think it is when one opens their own medical practice. The associated finances surrounding opening up a practice can put a stop to going ahead with it for many. Thankfully, there’s some great information for starting your own practice online and ways to get around certain financial woes, should you be considering doing this.
Dr Tumi recently revealed in an interview on Metro FM how opening a medical practice left him broke and in debt. “I have been proper broke at a point where it was really a struggle to get by. I’ve learnt lessons that were important to learn then so when I made more I knew how to manage it,” he said. Next time he will be sure to compare physician mortgage loan rates, for example, as this is one of the major ways in which he lost money.
The Award winning gospel singer says he thought the medical practice would make him rich but left him in debt that some of it he only got out of recently. Of course, owning a medical practice can land people in debt if they’re not careful. For any doctors planning to open their own practice, it is important to spread your budget out effectively. Many doctors don’t consider their marketing budget. Without marketing, people won’t hear about the practice and won’t attend it. Doctors need to get their names out there to make money, so it might be worth learning about how to increase conversion with photos on the website. That should draw people to the website and result in more patients.
On how successful people end up broke, Dr Tumi said, “One of the biggest mistakes we make is living lifestyles to impress people and convince them we have made it. We waste a lot of money to portray a certain image.You don’t have to do what other people are doing.”
