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The Real Number: Why "Replace My Income" is the Wrong Goal

What if you don’t need to replace your income to start buying back your time?

Author

Dr. Mike Woo-Ming
August 25, 2026

🎙️ This Week on BootstrapMD

The Real Number: Why "Replace My Income" is the Wrong Goal

Many physicians building a side business assume success means replacing their entire clinical income, which can make meaningful progress feel like failure.

In this episode, Dr. Mike Woo-Ming challenges that mindset and introduces a more practical way to measure progress: the right financial goal may be the amount that gives you back a meaningful piece of your time.

Quick question!
Hit reply and tell me: what's the one idea you've been sitting on? I read every response.

THIS MONTH’S SPONSOR

This month's episode is sponsored by Nurp.com 

Most physicians are great at making money, but terrible at growing it. You work long hours while your savings earn basically nothing. Nurp is algorithmic trading designed specifically for busy professionals who don't have time to watch markets. AI-powered strategies that work while you're seeing patients.

Built for physicians who want their money working as hard as they do: nurp.com 

Nurp is a paid sponsor of this episode. All trading carries risk and results vary, so do your own research. This isn't financial advice.

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See you next week, Dr. Mike