Business
Leif Dahleen is an anesthesiologist. He attended the University of Minnesota for his undergraduate and medical school education, completed an internship at Gundersen Lutheran in La Crosse, Wisconsin and finished his residency at the University of Florida in 2006. He practiced anesthesia in Florida, Wisconsin, Pennsylvania, Michigan, South Dakota, and Minnesota. A decade into his career, he realized he could be considered financially independent. He retired from medicine at age 43, traveled extensively with his family before the pandemic hit, and maintains the website physicianonfire.com.[00:01 – 07:56] Opening SegmentI talk briefly about great values that await you in this episodeI introduce the guest, Leif DahleenLeif talks about his backgroundHis years in MedicinePlan to exit and retire with financial independenceLeif talks about the concept of fatFIREfatFIRE is living above the average American household [07:57 – 19:56] The fatFIRE Concept of the FIRE movementFamilies budget and plan for their retirement and investmentsDebts into retirementIt’s all about mindsetRisk mitigationThe fatFIRE movementMostly involves people who own businessesTaking risks in investments when you have the means and resourcesLeif talks about the causes he supports [19:57 – 26:15] Closing SegmentQuick break for our sponsorsWhat is the best investment you've ever made other than your education?$1800 Diamond ring that I gave to my wifeWhat is the worst investment you ever made?Purchasing individual stocksWhat is the most important lesson that you've learned in business and investing?There’s beauty in simplicityConnect with Michael. See the links below. Tweetable Quotes:“There’s beauty in Simplicity. I think you can keep your investment plan very simple and be successful.” - Leif Dahleen“When we’re talking specifically about fatFIRE, you’re going to see a higher percentage of people who do own their own business. That is one path to becoming wealthy.” - Leif Dahleen Resources Mentioned:University of MinnesotaGundersen Lutheran Medical CenterUniversity of Florida Connect with Leif on Twitter or visit his website https://www.physicianonfire.com/ Check out the fatFire Facebook Group here.LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes.