The PEA-SimpliMD Digest: This Week in Micro-Business July 7–13, 2025

From Tod’s Desk

As I reflect on this week, I’m struck by how long-term vision meets real-world execution in the entrepreneurial life. Whether it’s a decade-long build like ChatRx, the strategic structuring of your rental LLCs, or claiming a home office deduction without four walls and a door—this is the micro-business journey in full view. I’ve lived it. And I’m here to help you live it too.

Summer’s heating up, and so should your strategy. Let's dive in.

Inspirational Quote of the Week

"You can build something world-changing—one brick at a time, as long as you never stop showing up." – Dr. Tod Stillson

(This quote is from Monday’s blog post: A 10-Year Build to Bring ChatRx to the World)

This Week’s PEA-SimpliMD Highlights

Monday: A 10-Year Build to Bring ChatRx to the World

Read the full article » Summary: What began as a phone-based clinical protocol in my rural office during a flu outbreak evolved into an FDA-registered medical device and telemedicine platform called ChatRx. In this post, I walk you through the decade-long journey of persistence, prototype pivots, and the bigger purpose behind it all.

Wednesday: What Is the Best LLC Structure For Your Rental Property?

Read the full article » Summary: Physician-entrepreneurs often overlook the LLC structuring of rental properties, exposing themselves to legal and tax inefficiencies. I break down the pros and cons of using a parent-child series LLC, share my own setup, and link to expert guidance from Semi-Retired MD.

Friday: How to Claim a Home Office Deduction Without a Formal Office

Read the full article » Summary: No dedicated home office? No problem. I explain how physician entrepreneurs with flexible workspaces can still legally and ethically claim home office deductions, save on taxes, and document their strategy with confidence.

Top Tip or Tool of the Week

Physician Employment Contracts: What You Need to Know

Before you sign or renew your contract, know your rights, red flags, and room for negotiation.

🔗 Download this FREE e-book »

Affiliate/Partner Highlight

QuickBooks Online

The trusted financial backbone for physician entrepreneurs. Automate your books, prep for taxes, and scale with ease.

🔗 Start your QuickBooks journey here »

Upcoming Resource Drop

Why Every Doctor Needs a Virtual Business Structure

Your practice is mobile. Your corporate structure should be too.

🔗 Read this FREE e-book »

Join the PEA-SimpliMD Movement

Your entrepreneurial path deserves structure, support, and strategy. Whether you're curious, building, or scaling—there’s a PEA membership tier for you:

• PEA Explorer ($99/year): Access our Resource Library and core course

• PEA Builder ($499/year): Full access + monthly strategy sessions

• PEA Pro ($999/year): Coaching, resources, elite networking

🎓 Tap into a community of independent-minded physicians who are reclaiming their professional lives.

👉 Become a Member Today »

Final Word from Me

Whether it takes you ten years or ten weeks to launch your next venture, the key is consistent, value-driven momentum. As a physician, you already have discipline and problem-solving baked into your DNA. What you need next is a framework and a tribe—that’s why I built PEA-SimpliMD.

So go into your week with courage and clarity—and remember:

“You're not just a doctor. You're a business. And the marketplace needs you now more than ever.”

Until next week,

Dr. Tod Stillson