I was in my third year of practice when the job finally felt mundane. Don’t take that the wrong way; I don’t mean anything bad by it, but prior to this point, I had changed jobs from my initial urgent care job to an ER job, which was deemed challenging. It took me almost 2 years to feel confident and comfortable in the ER. With a schedule that only demanded my attention 12-14 days a month, I found mental space I hadn’t known before.

That’s when my entrepreneurial spirit kicked in. Always brainstorming new money-making ideas, I realized there’s a world beyond the traditional medical career. I wanted to write this article to facilitate a spark in your mind to think of other ways you can make money as side hustles, both in medicine and beyond. Let’s start with side hustle options that will use the degree we paid a hundred thousand dollars for.

Medical Side Hustles

1.      Telemedicine consults

Launching my own telemedicine company has been on my mind for a while now. The only thing holding me back? The competition in this space can be fierce. I’ve toyed with the idea of learning to build an app – because why not, right? However, with a hundred ideas swirling in my head, most of which I’m confident could rake in over $100,000 a year, I’ve hesitated. The catch? Many of these seem more like a job than a business.

But here’s where telemedicine consultations as a side hustle come into play. Rates will range from $50-90 per hour for APPs, although some will pay based on each patient you see. The hours are flexible. You can do this work from anywhere that you have internet service, and you can take as many days or as few days as you want. This would be an easy way to make $1000-1500 a month extra with a time commitment from you that is flexible.

2.      Adjunct teaching positions

My second year out of school I had the opportunity to take an adjunct teaching job, which I declined because I did not feel I had enough experience to offer insights in education yet. Fast forward to today, and I’d be open to it, but only as a side hustle. Not that I think I would make a ton of extra money, I would do this more as a contribution to the field than trying to build up my bank account.

If you’re looking for a bit of extra cash on a semi-regular basis and you like to teach, this might be a good option. It’s flexible; you can put in the time to craft lectures (granted, it’s a bit of front-loaded effort), but once that’s done, the ongoing commitment is quite minimal. Plus, there’s something pretty rewarding about inspiring minds to carry the torch forward in the pursuit of medicine.

3.      Health and wellness consultations

From my graduating class, I know 3-4 people who have taken a detour from the traditional medicine route and veered into the world of holistic and Eastern practices. It’s a whole spectrum- from health consultations to crafting personalized wellness plans for their clients. This rings a bell for a lot of practicing providers who want to still use their passion but in a different way than traditional medicine allows/encourages.

I have seen a variety of side hustles like this, from one-on-one consultations on your own time to more of a full-time schedule of clients. What are they tackling? Everything from stress management and weight loss to handling hormone imbalances, chronic fatigue, and pain management. They will approach these concerns with a holistic mindset.

Your revenue would be based on the services initially but can branch into subscription models, group sessions, workshops, webinars, and more. Oh, and get this: some people I know team up with gyms and wellness centers to widen their reach and snag more clients. It’s like turning your passion into a paycheck.

health side hustle

4.      Aesthetic Medicine

Several people I know, including myself, are using aesthetics as a side hustle. I steer clear of the hands-on service part – let’s face it, I’m not put together enough for that. Instead, I’ve found my groove doing medical screens for an aesthetics company. I get paid per medical screen that I do, and usually ends up giving me approximately $1000-2000 extra money a month, depending on how many calls I take. The translation of my time is minimal- maybe 1-2 hours of work per week I take calls.

Now, if you’re the hands-on type and want to dive into providing the services, you could be looking at a beefier income. Just keep in mind that the more you rake in, the more time you’ll be putting in. Unless you’re ready to commit around 20 hours a week, making a real chunk of change in aesthetics might be a bit of a stretch. But, hey, if you’re into the idea of double-dipping – grabbing discounts on services and picking up a new skill to boot – it’s like a win-win.

5.      Start a business

My favorite side hustle idea is to start a business. I don’t want to be the worker of someone else’s business for the rest of my life; I want to own the business. I know I am good at what I do, but I don’t want to constantly make someone else money, I want to make my own money and have control over my schedule and life. This spirit was sparked, and now I don’t want that light to ever dim. I want to spark the entrepreneurial spirit in others’ minds as well.

Medicine has become a playground of business possibilities. Take the urgent care that I work at. Started by two physicians and a nurse practitioner, it has grown into a multi-million-dollar business. They have grown from 1 location into 4 and multiple other businesses branching off that.

A good friend of mine pitched this wild idea about starting a mobile health clinic together. It’s intriguing, no doubt, but I think it might feel more like a job for a while and maybe always. Still, if I ever decide to shake things up from my full-time gig, it’s on the table.

Then there’s a bunch of folks in my circle who’ve kicked off aesthetics companies, IV hydration businesses, ketamine clinics, men’s wellness hubs – you name it. Turns out, with a splash of passion, some serious elbow grease, and the right partnerships, you can turn any business dream into a reality.

Non-Clinical Side Hustles

Let’s dive into a few more sparks buzzing in my head- some I’ve ventured into, others waiting on the horizon. Most of the ideas I find myself really considering are out of the daily patient care. Down the road, I’m eyeing an exit from the clinical medicine stage to fully embrace the entrepreneurial spotlight, mainly to be more readily available for my kids and their inevitable activities.

1.      Create a Course

The notion of crafting an online course? Now, that’s a vibe I can get behind. The possibilities are endless.  The course you create can be on a topic you enjoy, feel you are an expert in, or feel you have something to teach others about. I crossed paths with this dynamo at a recent conference – she had this Etsy e-commerce store selling digital products (more on that later), and guess what she created next? She created a course to teach others how to do exactly what she’s killing it at.

Now, she has created multiple income streams from her Etsy store. Not only is she making money on her products, but she will also have this course to sell to others almost endlessly. She obviously had something to share with others, the insights of how she created her e-commerce store and made it successful, so she created the course to share and market to others.

I haven’t done anything course-worthy just yet, but if and when I do, I love this idea.

2.      Start a Business

ecommerce

I told you this was my go-to idea for side hustles. Start the business. Be the owner. Control your time. My husband and I chose to start a real estate wholesale business as our first entrepreneurial venture. You can read all about that here. However, we could have gone a ton of different routes, even in the realm of real estate investing.

E-Commerce

If I had a dime for every time, I tell my husband I want to create a __________ business, I would be scoring free sushi dinners left and right. I can fill in the blanks with a new business idea almost daily. After a brief conversation with the business owner at the conference recently, I thought about creating an e-commerce store on Etsy. I think I am a creative person and feel like I can make some digital products and sell them. I might even have fun doing it, making the products.

My sister and I always joke about owning a wedding venue one day and owning an event planning service company. I know a PA right now who bought a venue and is doing event hosting/planning as her side hustle. This is more time-intensive than I am willing to commit at this point in my life, but eventually, I would love to do this as a hobby/side hustle.

For almost every task I hire out, I decide I should just create a business so that I can be the best in this field. A close friend of ours has his car detailing business, making good money, but he has not scaled himself out of this, and this is more of a job than a business for him at this point. I am not going to be hand washing cars, so unless my husband wants to spearhead that, I’ll pass.

Cleaning Business

One business that keeps my brain intrigued is a cleaning business. I know a couple in Wyoming who are part of our real estate investing mastermind who created a million-dollar residential cleaning business. He then created a course and is monetizing that. He started the business with his wife initially doing all of the cleaning, and in 3 months was able to scale her out of it, and she hasn’t been back in it since. The problem is, that I don’t have time to spearhead this for 3 months, and finding hired help for this business is tricky. Let’s be real, my husband might look good in a Mr. Mom maid outfit to me, but most people would disagree. Maybe I will figure this out one day, or I’ll pick something else to intrigue my mind at night.

Here’s the golden rule: making $100,000 with a service or business is in the cards but beware of the trap of creating another job for yourself. If you do, make sure you’ve got a game plan to scale up to $250,000 and beyond and ease yourself out of the day-to-day grind. It’s all about the hustle, but it’s got to be a smart one.

3.      Investing

I don’t really consider investing your money a side hustle, but it is a way to make passive income or set your family up for a secure financial future. Multiple ways to do this; investing in stocks is obviously an option, and most people will have at least a surface level understanding that they should do this to get wealthy. You can read more about steps to secure your financial future in our Financial Vital’s Checklist, and when you get to Step 7: Get Wealthy, that’s when investing plays a big part. I do a small amount of broad-based index fund investing, but primarily I see myself, at least for now, focusing on real estate investing.

Real Estate Investing

This is a broad realm, from owning rental properties to running a string of short-term rentals or snagging apartment complexes. I’m all over the map, still trying to figure out where my real estate heart truly lies. For now, I’m not in the game for the long-term wealth- I’m hustling in wholesaling and flipping, both of which will run dry if the deal flow stops. It’s a journey, and I’m still mapping out the route.

Lending

Now, here’s a real estate twist that’s got my attention – becoming a lender. Yep, you can use your money to make good returns with minimal risk, and usually for short periods of time. One option is to lend earnest money to wholesalers who can’t front their own EMD. It’s usually 1-3% of the purchase price, translating to anywhere from $1,000 to $15,000 or more. Returns? The returns on these vary.

The small amount of this that I have done has been essentially $5,000 lending for a $2,000 return or $2,500 lending (or less) for $1000 return. But here’s my rule of thumb- I won’t risk my money for less than a grand in return.  I vet these deals hard before lending and don’t lend on anything I wouldn’t be able to wholesale myself if someone tried to flake on the deal. Now, there are people in this space playing higher stakes- transactional lending with real estate transactions lending hundreds of thousands of dollars for a few days, snagging 5%-15% returns on their cash.

money lending

Bottom line? Find ways to make your money hustle for you. Let it start building long-term wealth for you and your family. Part of my next 5-year goal is to really kick things up a notch in this realm, so stay tuned for the play-by-play, the dos, and the don’t – it’s going to be a journey worth sharing.

4.      Take medical surveys

Let’s talk about a straightforward side hustle – medical surveys. Now, don’t expect to fund your next vacation, but you can pocket anywhere from $50 to $200 for each survey you tackle. There’s a handful of platforms catering to medical professionals, like Reckner Healthcare, ZoomRX, and M3 Global Research (this is the one I have personally used).

I won’t sugarcoat it – this isn’t a hustle to write home about, but here’s my strategy. I cherry-pick the higher-paying studies, often bundled with longer surveys, and knock out a couple each month. It’s a low-effort, extra-money kind of gig, especially if you’re already glued to your computer at work or home with a bit of free time to spare for surveys. Easy peasy.

5.      Social media accounts

In our tech-savvy world, diving into content creation is like stepping into a gold mine of possibilities. There are countless paths to share your insights. You could rake in cash by contributing to established blogs, freelancing for medical journals, or getting your content out there with your blog, podcast, or YouTube channel. Now, let’s not sugarcoat it – this isn’t a get-rich-quick scheme; it’s more of a marathon than a sprint. But, if you stumble upon a topic you’re passionate about sharing, this could turn into a seriously cool side hustle, setting up an extra income stream for yourself. It’s all about finding the sweet spot between fun and financially rewarding.

Conclusion

What I really hope you take away from this read is a little spark, that kind of spark that lights up your own entrepreneurial fire. I think we can push each other to be better by moving and continuing to raise the bar. Personally, when I stumble upon stories of people like me diving into new businesses or kicking off fresh side hustle, it’s like my brain gets a turbo boost – suddenly, I’m itching to do more. Take control of your earning potential. If you have any questions or just want to chat about your own hustle journey, drop a comment below.

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