Is it Worth to Become a Doctor for Money?

Many people ask me this question before going for medical study. This is because I myself is a doctor and I joined Medical School in the year 2000. And today it is almost a decade so I have all the clear cut idea about the medical field.

Well, according to me, if you want to become a doctor only for money than it is not a good idea. Well, I am not saying this because I want to tell you that medical is a noble profession and you should respect it and you should not think about money while treating your patients and Blah…Blah…Blah…!!!!

I am saying you this as a perspective of Entrepreneur & Investor. If you only want to make money in your life, I mean getting rich is the one and only goal of your life than it is not really a worth to become a doctor for the money.

You will than ask me that, than what about those cardiologists and Neuro Surgeons who are making literally half a million dollars every year? Isn’t it worth for Money?

Well, Not really. This is because if you go into this field than first of all you will have to spend a decade for taking education. Probably more than a decade. And on the top of this, educational expenses and Educational loans. And during the same time, you could have grown any business in any industry.

Do You know that, many Internet Entrepreneurs around the world are retired in their early thirties. This is the age when a doctor starts earning. And if they are not retired than by doing their Internet Businesses, they are making literally 6 figure income every year.

This is true about any business (Online or Offline). Now, the best part about the Business Income is that, it is passive in nature. This means that you have to work hard at once only to develop that passive income stream. While as a doctor, you will have to work hard for the whole of your life to make money and if you stop working, you will stop making money.

Now, this is not the case of a Business Owner or an Investor. So becoming a doctor only for money is not a good deal. Because in the same amount of time, money and energy, you could have developed a successful Business empire and retired in your early thirties and even if not retired than you could have made millions of dollars.

So Think 100 times before going to medical school only for the money.