1. Arlen Meyers, MD, MBA
Univesity of Colorado
Society of Physician Entrepreneurs
MI10
2. Trends
1. Delaying or accelerating retirement
2. Laddered portfolio, "jungle jim", careers
3. Success to meaning to happiness
4. Remote/hybrid work /4 day work week
5. Non-clinical career opportunities
6. Exit ramps along career pathways
7. Abbreviated clinical careers
8. Medical school curriculum reform
3. Moving in or
moving out?
1. Average age of retirement increased to 69 from 65
2. 2% drop out rate from medical school
3. 5% drop out rate from residency
4. More medical school grads opting out of residency
training
5. Increasing rate of temporary side gigs or permanent non-
clinical careers
4. Options:
Persist, Pivot
or Punt?
1. Persist with full time direct patient care
2. Partial patient care i.e. locums, shift work, job sharing
3. Pivot to medical administration or support role e.g.UR
4. Pivot to an entrepreneurial role
5. Punt to something that has nothing to do with medicine
5. 6 Rs:Career
transition tips
1. Reflection (20%)
2. Research (10%)
3. Review your personal and professional development plan
4. Reach out for help
5. Realize your potential by testing/experimenting with new
opportunities (70%)
6. Recognize that you are not alone and should pass it
forward
6. Digital Health
gig factors
Supply of jobs
The economy
Investment trends
Startup, scaleup, grown up
trends
Jobs to be done
Labor markets
Competition
Technology
Demand for jobs
Burnout and disengagement
Student debt
Student and resident
personas
Drop out doc rates
Immigration regs
Resident match trends
Education and training
Have to or want to
Labor participation rates
7. The 6Cs: Don’t
be soft on the
soft skills
Critical thinking
Collaboration
Communication
Creativity
Citizenship/culture
Character education/connectivity
The 6 C's of education | MiroBlog
8. Take homes
Economic factors drive the supply and demand for talent
Hiring decision makers are getting smarter
Consultants and advisors are getting smarter
Bring you’re A game to shorten time to value
How much you will be compensated depends on supply and
demand, but there are many exceptions