Miscellaneous
Dr. Nithin Natwa wears many hats. He practices family care, and he's also a board-certified physician in sports medicine. He provided care to football players at Michigan State University during his fellowship and continues to take on athletes as patients. He even runs an https://www.instagram.com/fantasydocs/?hl=en (esports injury analysis Instagram account) for his almost 13,000 followers. He's also back in school, but this time for something entirely different: an MBA. Dr. Natwa returned to school in part so he could get a better understanding of how the healthcare system worked from a business perspective and channel that into opportunities for himself. Attending business school allows Dr. Natwa to meet many entrepreneurially-minded people, giving him the opportunity to invest in their projects: "That's my goal with the MBA, on top of just the benefit of it being educational is to hopefully get involved with a couple of different ventures that will help increase some passive revenue for me going forward," he explains. Ultimately, Dr. Natwa hopes that learning about business and earning money outside of his day job can help him become a better doctor overall. "A lot of times we start being held at the whim of the overseer, of the hospital system in terms of our output," he says. "It would be very nice to just have a side passive income that we were able to not have to worry about having to meet quotas and able to just see the amount of patients that we want to see and provide good care." In this episode of the Prosperous Doc, host Shane Tenny, CFP® chats with Dr. Natwa about his sports medicine work and what he hopes to accomplish with his MBA. They also discuss social media for doctors, the advantages to earning a passive income, advances in telemedicine, and how to deal with patients armed with internet theories. ? Featured Expert ?Name: Dr. Nithin Natwa What he does: Based in Detroit, Dr. Natwa works as a double board certified physician in sports and family medicine. He's also pursuing an MBA at the University of California, Los Angeles. Company: https://www.henryford.com/ (Henry Ford Health System) Words of wisdom: "[Sports medicine] brought an appreciation to the fact that not everything important in life is about life or death. There are a lot of things out there that might seem mundane to the average person, but that are honestly life altering to a specific person." Connect: https://www.natwamd.com/ (Website) | https://www.instagram.com/fantasydocs/?hl=en (Instagram) | https://twitter.com/NatwaMD (Twitter) | https://www.facebook.com/NatwaMD (Facebook) | https://www.linkedin.com/in/natwa/ (LinkedIn) ? On the Money ?Top takeaways from this episode ★ The neat thing about sports medicine? Patients are motivated. Convincing patients to take your advice isn't always easy. Not every patient with a sweet tooth is willing to switch to a healthier diet to prevent diabetes or heart disease, for example. But athletes depend on their healthy bodies for their livelihoods, which means that they're much more willing to take a physician's guidance. ★ The pandemic has accelerated health technology. A silver lining of the COVID-19 pandemic is the rise of virtual health, Dr. Natwa says. Although doctors have been visiting patients through telehealth for years, it's now become a mainstream part of healthcare — and that's good for both patients and doctors who want more efficient care. ★ Find other streams of income. Dr. Natwa has met entrepreneurs through his MBA program, and it has given him opportunities to invest in his classmates' business ventures. The stable income he earns as a physician allows him to take greater risks in those investments too. ★ Doctors can be influencers too. Many doctors have taken advantage of platforms like Instagram, YouTube, and TikTok to build up audiences and develop brands...