Stanley Liu is a cardiologist.
When graduating residents and fellows begin their careers as attending doctors, there is a wealth of financial advice out there. Grow into your salary slowly. Don’t buy a house right away. Get disability insurance. Plan ahead for the tax bomb that always takes attendings by surprise during that half-trainee/half-attending year.
Today, we won’t discuss any of those. We’ll focus instead on a business lesson that you must unlearn …
In 2025, I celebrated a monumental milestone: I saw a patient within 20 miles of my home. While this may be a daily occurrence for most physicians, it was something I could not do for 18 months due to a non-compete clause from my previous job.
When I left my position as an academic cardiologist, I was bound by a non-compete clause that prevented me from practicing cardiology within …
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