Have you ever thought about starting a second business alongside your main healthcare practice? Perhaps there’s a specific skill or experience you’d like to explore further? This week’s podcast dives deep into the journey of a healthcare professional who did just that—creating a training and teaching business alongside their regular practice.
A specialist in prosthodontics, our guest developed a unique side hustle centered around an educational institute aimed at providing advanced dentistry training. If you’ve ever contemplated diving into the world of side hustles, especially in the healthcare sector, there’s a lot to learn from this conversation.
Fast Five Insights
Our guest shared some personal tidbits through five rapid-fire questions, revealing an interesting journey from the jungles of India to downtown Adelaide. These highlights give us just a peek into their path to growth and success:
- Background: Grew up in the jungles of India.
- Favourite Book: The World’s Greatest Salesman by Og Mandino.
- Superpower: Patience.
- Advice to 20-Year-Old Self: Don’t try to please everyone.
- Gratitude: The opportunity to live and work in Australia.
The Genesis of the Side Hustle
Starting a side hustle in the healthcare field often begins with identifying gaps in the industry. For our guest, the journey began by recognizing the lack of training for implant surgery among prosthodontists in Australia. Through extensive travel and research, they couldn’t find an existing program to meet this need, leading to the establishment of their own educational institute.
Key takeaways for those considering a side hustle:
– Recognize a need within your field that aligns with your skills.
– Don’t just look locally; sometimes, opportunities lie in unexpected places.
– Use your expertise to your advantage. If you’re a consumer of your own product or service, you better understand its necessity and execution.
Structuring Your Side Hustle
Establishing a successful side hustle requires dedication, particularly when balancing it with a full-time job. Our guest emphasized a few essential steps:
– A structured, clear-cut decision-making process.
– Ensuring the side hustle aligns with your passion and interest, going beyond just financial gain.
– Time management and the willingness to put in extra hours outside your regular job.
Overcoming Challenges
Several hurdles were faced in the journey:
– Geographical and regulatory challenges in setting up a training institute.
– Balancing time between the main practice and the side hustle.
– Financial strains and the necessity of disciplined financial planning.
– Unforeseen personal crises that can impact business continuity.
Our guest highlighted the importance of having a mentor or guide to streamline this process, fast-tracking growth and reducing the duration of frustration.
Advice for Aspiring Side Hustlers
- Find a Mentor: Having someone who has walked the path before can save you a lot of trial-and-error.
- Be Passionate: Ensure your side hustle is something you’d still love, even if it doesn’t pay as much initially.
- Start Small but Dream Big: Focus on quality and incremental growth, but keep your larger goals in sight.
- Adapt and Overcome: Be prepared for unexpected challenges and ready to pivot when necessary.
Moving forward, our guest plans to expand their educational institute, aiming for a blend of in-person and online components, ultimately focusing more on teaching than clinical practice.
Intrigued by this journey and want to dive deeper? Listen to the full conversation on Spotify or Apple Podcasts:
Spotify: https://spoti.fi/42rpDPf](https://spoti.fi/42rpDPf
Apple Podcasts: https://apple.co/3EoZbKI](https://apple.co/3EoZbKI