From Antarctica to Autonomy: A GI Doctor’s Journey to Professional Freedom

business competency business enterprise coaching entrepreneurship micro-corporations professional autonomy Jun 18, 2025

This Week’s Ownership Mindset

From Antarctica to Autonomy: A GI Doctor’s Journey to Professional Freedom

During a CME business meeting on the icy edge of the world, Antarctica, no less, I found myself in one of the most transformative conversations of my professional life. Sitting across from me was a 67-year-old gastroenterologist, his breath visible in the frigid air, his words warm and wise. What he shared during our time together reshaped my view of what it truly means to be a physician-entrepreneur.

He wasn’t a household name. He didn’t build a massive platform or speak on national stages. But his quiet reinvention of his career might just be one of the most remarkable stories I’ve ever heard.

For nearly three decades, this doctor had navigated the maze we’re all familiar with—W-2 employment in his early years, followed by launching and managing a solo private practice, and eventually experimenting with independent contracting. But five years ago, something in him broke, and then something better began.

The Breaking Point: “Why Didn’t Anyone Teach Us This?”

His story started the way so many physician stories do: burnout.

“Why didn’t anyone teach us this in medical school?” he asked me, his voice filled with both frustration and disbelief. Despite being a seasoned, highly respected specialist, he was working 12 to 14 hours a day managing his private practice, juggling insurance paperwork, staff turnover, shrinking reimbursements, and unpredictable patient volume.

He had no time to think, let alone rest.

But then something shifted. Out of necessity, he began exploring part-time 1099 work, taking weekend locums shifts and dabbling in telehealth. These side hustles began to pay surprisingly well. The income was solid, the work was manageable, and he found himself enjoying the flexibility more than he expected.

He had stumbled into job stacking, a modern strategy where clinicians build multiple income streams through locums, consulting, telehealth, legal reviews, or niche services, all structured under a professional micro-corporation. You can explore this model further in our free eBook: Job Stacking for Doctors.

Within a year, he was making nearly as much from his “stacked” 1099 gigs as he was from his full-time practice. And for the first time in years, he felt hope.

A Tax Strategy That Changed Everything

The next game-changer came in the form of a tax strategy: a Defined Benefit Plan.

Introduced by a forward-thinking financial advisor, he realized he could drastically reduce his tax liability and supercharge his retirement savings. As a solo micro-corporation owner, he could contribute six figures annually into a tax-deferred account, far more than what’s allowed in a traditional IRA or 401(k).

“I never thought my retirement plan could become my tax strategy,” he said.

This revelation, coupled with his newfound income diversity, allowed him to begin downsizing his private practice without panic. He saw his path not just to survival—but to freedom.

If you want to explore how Defined Benefit Plans and Solo 401(k)s can transform your wealth strategy, read my e-book Retirement Planning for Self-Employed Physicians.

Dismantling the Old Model: “The Math Didn’t Add Up Anymore”

With his eyes newly opened to a different way of working, the math behind private practice became impossible to ignore. He was paying too much in overhead, spending too many hours on administration, and receiving too little satisfaction or return.

So, he made the leap.

He sold off his practice assets, closed his physical office, and transitioned to a fully 1099-based lifestyle. He branded his new structure as a virtual professional corporation, what we often refer to in the PEA-SimpliMD community as a Practice Without Walls.”

📚 Want to follow his path? Enroll in our course: Creating a Practice Without Walls

Designing a Life—Not Just a Job

What happened next is what truly inspired me.

  • He worked 6–7 months per year—matching his old income.

  • He traveled the other months—Antarctica, Patagonia, and even Bali with his granddaughter.

  • He spent more time with his wife, children, and community.

  • He lost 25 pounds and returned to daily exercise.

  • He began journaling, meditating, and rekindling hobbies that had long been buried under charts and call schedules.

“I feel like I can do this for another 10 years,” he said. “Not because I have to—but because I want to.”

This was the real dividend of job stacking and financial autonomy: joy.

Building His Virtual Micro-Business

He structured his work through a virtual micro-corporation. This gave him control, credibility, and the ability to implement fringe benefit strategies like a home office deduction, health reimbursement arrangements (HRAs), and the previously mentioned retirement plans.

More importantly, it gave him agency. He wasn’t beholden to a hospital system, a payer mix, or an EHR vendor. He was in charge again.

Want to build your own virtual entity?

🛠️ Grab our free guide: Why Every Doctor Should Form a Micro-Corporation

📊 Or use our Professional Business Entity Formation Guide

The PEA-SimpliMD Difference: Why This Story Matters

This story isn’t just inspiring, it’s possible.

What’s tragic is how many physicians will never hear it. They’ll remain trapped in systems they resent, unaware that an alternative exists.

That’s why I started the Physician Entrepreneur Academy, to change that narrative.

We exist to equip doctors like you with the business tools, mindset training, and coaching to step into ownership. Whether you're 35 or 65, you have options.

Still thinking like an employee?

🚪 It’s time to own your time, your work, and your income.

🎯 Start your transition today with a PEA Explorer Membership →

Your Path to Freedom: What You Can Do Next

Option 1: Schedule a Strategy Session Get personalized guidance from me to evaluate your transition path. 💬 Book Your 1:1 Micro-Business Strategy Consultation ($500)

Option 2: Dive Deeper with Coaching Join our high-touch quarterly or monthly coaching cohorts. 📈 Explore Business Coaching ($2,000)

Option 3: Build It Yourself Our flagship course walks you step-by-step into your first micro-corporation. 🎓 Join Creating a Practice Without Walls ($497)

Final Reflections

I left Antarctica with more than frostbite and photos, I left with clarity.

This GI doctor’s story revealed that transformation isn’t a pipe dream or a post-retirement luxury. It’s a choice you can make with the right mindset and tools.

You can reclaim your schedule. You can multiply your income. You can prioritize your health, family, and joy. You can own your future.

Let PEA-SimpliMD help you get there.

To your freedom.

 

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