4 ways to earn 15-20 lakhs per month as a Doctor.

Summary

Dr. D Masu's video explores the challenging yet achievable path to earning 15 to 20 lakh rupees per month in India, equivalent to approximately $24,000. He outlines four primary strategies: becoming a consultant in the Middle East, particularly after specialized training in countries like the USA, Canada, or the UK; reaching the top 5 earners in select medical specialties in India; partnering with renowned specialists to establish niche hospitals; and entrepreneurship in fields like edtech, diagnostic chains, or IVF clinics. Dr. Masu emphasizes the immense effort, skill, and sometimes luck required, and suggests this path as a means to early retirement and financial freedom.

Takeaways

• 😀 Dr. D Masu discusses earning high income in India, specifically 15 to 20 lakh rupees, which is around $24,000 per month.
• 💼 Earning such an income is challenging and not accessible to everyone; it requires exceptional skills and dedication.
• 🌍 The video mentions that earning this amount is possible in the Middle East, particularly for consultants, with Dubai offering high salaries for consultants.
• 📚 To become a consultant in the Middle East, one typically needs to have their specialty training from a Tier 1 country, such as the USA, Canada, or the UK.
• 🏥 In India, only a few top specialists in each field can earn such high salaries, and it often takes 10-15 years of hard work to reach that level.
• 🏢 Setting up a hospital with a well-known specialist can also lead to earning high income, but it requires significant investment and time.
• 💡 Entrepreneurial ventures, such as edtech platforms, diagnostic chains, or clinics, can offer high earnings but come with their own risks and challenges.
• 🔑 The video emphasizes that earning 15 to 20 lakhs per month is not for everyone and requires a clear understanding of one's goals and the willingness to work hard.
• ⏳ The speaker suggests that with the right effort and focus, it's possible to earn and save enough in 5-7 years to retire early and enjoy financial freedom.
• 🌐 The discussion highlights the importance of choosing the right path early in one's career to maximize the potential for high earnings and early retirement.

Q & A

What is the main topic of Dr. D's video?

The main topic of Dr. D's video is about how to earn 15 to 20 lakh rupees per month in India, which is equivalent to around $24,000 per month.

What does Dr. D suggest is the toughest part about earning such a high income?

Dr. D suggests that the toughest part about earning 15 to 20 lakh rupees per month is that it's not easy and not everyone can achieve it. It requires exceptional effort, skills, and sometimes luck.

What is the first method Dr. D discusses to potentially earn this high income?

The first method Dr. D discusses is becoming a consultant in the Middle East, particularly in Dubai, where the salaries can reach the desired amount.

What are the requirements to become a consultant in Dubai according to the video?

To become a consultant in Dubai, one typically needs to be from a Tier 1 country, have completed their specialization in a Tier 1 country, and have at least 2 years of experience.

Which countries are considered Tier 1 for the purpose of becoming a consultant in Dubai?

The Tier 1 countries mentioned in the video include the United States, Canada, and the United Kingdom, where one can obtain certifications such as ABMS, Royal College of Physicians and Surgeons of Canada, or CCT in the UK.

What is the second method Dr. D mentions for earning high income in India?

The second method is becoming one of the top specialists in a particular field within India, often referred to as 'the rule of five', where only a few specialists in each city can achieve such high earnings.

What are the challenges of becoming one of the top specialists in India as per the video?

The challenges include the need for hard work, passion, determination, dedication, proper knowledge, and training. It may take 10 to 15 years to reach that position, and there's no guarantee of success.

What is the third method discussed by Dr. D for earning high income?

The third method is setting up a hospital in collaboration with a well-known specialist who has a patient base, preferably focusing on a unique specialty.

What are the potential entrepreneurial paths to earning high income as mentioned in the video?

Potential entrepreneurial paths include starting edtech platforms, diagnostic chains, small clinic chains, or IVF clinics, where the entrepreneur can leverage their unique marketing strategies and expertise.

What is the final piece of advice Dr. D gives regarding the pursuit of high income?

Dr. D advises that earning 15 to 20 lakh rupees per month is not for everyone and is more suitable for those who are ambitious, willing to put in significant effort, and aim for early retirement after 5 to 7 years of hard work.