Sometimes to Lean In, You Have to Back Out

Backing OutLean In, Back Out

I made two momentous decisions yesterday.  Momentous for me, at least.  The reason was that I did something uncharacteristic, I pulled out of two revenue generating activities.  I know, those of you who read my income reports are saying: thank g-d, it’s time Doc G let go of something.  But you have to understand, I think of every side hustle as a unique gift and opportunity.   I don’t let go of them without a good deal of thought and introspection.  What I’ve learned this week, however, is that sometimes to lean into life, you have to back out.

Telehealth

For the last six months, I have been working with a company to provide telehealth and online testing.  It’s a field that I am very interested in, but have never found the right opportunity.  So it was with great excitement that I accepted a position with a company run by a personal friend.

At first blush, the company was on the up and up and the medical team was top-notch.  Unlike some ventures, the services provided were reasonable, helpful, and in demand.  I jumped in with a small engagement of ten hours  per month.  Not a lot of time, but enough to get my feet wet.  The pay was 1/4 of my normal hourly wages, but I felt the experience gained was well worth the  lower rates.

My first few hours of consults were wonderful.  I really enjoyed the medium.  The problem, which we realized quickly, is that I was limited to doing consults for Illinois because of licensing issues.

The solution, of course, was simple.  Apply for licenses in seven or eight more states, so I could increase my bandwidth.

And that’s when my cheery side hustle became a royal pain in the arse!

The licensing boards required finger prints, multiple notarized forms, and a particularly heinous procedure called Jurisprudence exams.

My to do list skyrocketed and my stress levels exploded.  Not a good thing for a small side hustle that accounted for less than a twentieth of my monthly income.  The only reasonable course to lean into my own life and happiness was to back out.

I called my friend on the phone and told him that I could no longer work for his company.

I was both sad and relieved.

Dropping The Outlier

I love seeing patients in nursing homes.  It’s a cornerstone of my medical practice.  One of the great benefits of working in this setting is that all the patients are housed in one single location.  In other words, it’s super efficient.  I currently visit five nursing homes.  Four of them are clustered in a geographic square, while the outlier is many miles away.

I had been making the outlier trip several times a month to see a sprinkling of patients.

Yesterday, I finally decided that enough was enough.  It was no longer worth the time to travel the extra distance for a facility that was not fulfilling my needs or those of my patients.  There are several other doctors who frequent this nursing home and can see the patients in a more timely manner.

In Summary

I’ve decided to lean in by taking a step back.  When you are involved in as many activities as I am, there is a natural  pecking order.  Those activities that are stress inducing, time-consuming, or revenue weak will be the first to fall off the to do list.

I feel lighter already!

How about you?  What activity have you dropped that has made all the difference?

 

 

 

 

Doc G

A doctor who discovered the FI community but still struggling with RE.

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11 Responses

  1. Oh, good choices. Recently I found a term that is a take on the millenial’s FOMO, the fear of missing out. It’s called JOMO. The Joy of Missing Out. You’ve found JOMO. Congratulations.

  2. Ms ZiYou says:

    Well done Doc G, it’s the first step to a more relaxing life.

  3. Good to hear Doc, when I read all the hustles and income streams you had it made me stressed out – for you 😉 I was wondering if you had 3 extra hours in your day that we mortals don’t have.

    Recently had a great idea for a new side hustle on a bike ride and came home to actually start planning it and then said “dude, what are you doing?”. I’ve already filled the 20 hours a week that I dropped from my W2 with my blog and graphic design hustle, I don’t need another right now. I’m shelving it in the “idea garage”.

  4. Yay! That means you have more time to write for us.

  5. Mrs.Wow says:

    Man, I need to take some of your advice. I have found myself to be taking on more and more these days, thus increasing my stress level and ultimately decreasing the amount of time I have for other things, like sleeping. I have been working on prioritizing my life in order to accomplish what needs to be done, but I have yet to eliminate things from my daily routine. I think it is time a take a step back from something and be able to utilize that time for something more important… and not just add something new back in to replace that time.

    • Doc G says:

      Hey Mrs. Wow. As I believe I remember from a podcast you own your own business? Right? I think this can be a huge time suck. Then there are passion projects, blogging, social media, new opportunities…the list goes on.

      You are not alone. It’s wonderful to have so much to be interested in, even if it’s a little tiring!

      • Mrs.Wow says:

        Yes it is a huge time suck! It’s a good time suck, but nonetheless it is still one. Sometimes I find myself reflecting on life 5 or 10 years ago and wishing I could go back to simpler times. However, I’m sure in another 5-10 years I’ll be saying the same thing about now.

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