This Week in Micro-Business July 14-20, 2025

business competency entrepreneurship professional services tax issues Jul 19, 2025

Welcome to This Week’s Digest

Hey friends,

This week, I’ve been thinking a lot about what it really means to become self-sufficient as a physician-entrepreneur. As I enter a new phase of life with more unstructured time, I’m reminded of something I tell my coaching clients all the time: being resourceful beats being resourced—every single time.

No matter where you are in your journey, I want to help you level up your thinking, optimize your micro-business, and avoid common financial missteps. Here’s your full recap of our best content from this week in the PEA-SimpliMD ecosystem.

💬 Inspirational Quote from Me This Week:

"Entrepreneurship is less about having the perfect plan and more about building momentum with imperfect tools."Tod Stillson, MD

🗓️ Your Weekly Roundup

🟦 Monday: Resourcefulness Is Your Entrepreneurial Superpower

💡 If you’re waiting for everything to be “ready” before launching your physician side hustle, you’re missing the point. In this mindset-reset post, I share how resourcefulness has been my most valuable asset across multiple ventures—from medical real estate to SaaS startups. You'll walk away with 5 ways to reframe how you respond to obstacles. 👉 Read More

🟨 Wednesday: Rich vs. Wealthy—The Mindset Shift I Wish I Understood at the Start of My Medical Career

🧠 Being “rich” is transactional. Being “wealthy” is transformational. I open up about how long it took me to internalize the difference between income and true wealth-building. Learn why owning your time, protecting your margins, and building equity are the real levers for physicians who want long-term freedom. 👉 Read More

🟥 Friday: Write Off Your Car—Strategically: A Guide for Physicians

🚘 Your car could be one of your biggest tax-saving tools. This blog walks you through Section 179 and bonus depreciation in plain English, using a real-world 2025 case example for physician micro-business owners. Don’t miss the case of Dr. Lopez and her GMC Yukon! 👉 Read More

🛠️ Top Tool of the Week

🎒 International CME for Independent Physicians If you’ve ever dreamed of combining travel and CME, this free eBook gives you everything you need to do it smartly and legally. A must-download for physicians looking to enrich their education and their life.

🤝 Affiliate Highlight of the Week

📱 MileIQ Tracking your mileage manually is a pain. I use MileIQ to automatically log all business miles—crucial if you’re writing off your vehicle expenses. This simple tool can save you thousands in deductions. Use my link for a free trial.

📅 Featured eBook of the Week

📘 7 Mistakes Physicians Make When Hiring a Financial Advisor Before you hand over your hard-earned dollars to a financial advisor, read this. I break down the seven most common errors doctors make—and how to avoid them like a pro.

🚀 Join the PEA-SimpliMD Movement

If you’re not already a member of the Physician Entrepreneur Academy, now is the time.

We offer 3 membership levels depending on your goals:

  • 🧭 PEA Explorer – $99/year: Ideal for dipping your toes into entrepreneurship with our foundational resources.

  • 🏗️ PEA Builder – $499/year: Perfect for physicians actively building their micro-business with coaching discounts, premium tools, and templates.

  • 🚀 PEA Pro – $999/year: Includes everything in Builder plus our full coaching suite and top-tier resources for scale-ready entrepreneurs.

🔑 Let us help you escape corporate medicine, take control of your career, and build a business that serves your life.

🧭 My Final Word

You don’t have to have it all figured out. But you do need to take action. Whether you’re tweaking your mindset, finally writing off that SUV, or gearing up to launch your first side hustle—remember:

Success isn’t handed to you. It’s created by stacking small, smart decisions week after week.

Keep building, – Tod

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