Behind The White Coat - Real Talk For Physician Spouses

#21| A Financial Advisor's Guide for Doctors and Their Spouses

Amanda Season 1 Episode 21

Lauren Oschman, CEO of Vestia Personal Wealth Advisors, draws from her experience as a physician's daughter to help doctors navigate their unique financial challenges with specialized guidance for both physicians and their spouses.

• Growing up with an interventional cardiologist father gave Lauren insight into physician households
• Physician spouses often manage family finances while doctors focus on medicine
• Doctors face unique financial challenges including delayed earnings and student loan debt
• Most physicians don't start meaningful retirement savings until their mid-thirties
• Specialized financial advisors understand physician contracts, compensation, and asset protection
• The ideal time to consult a financial advisor is before signing a practice contract
• Lauren's "wealth that matters" approach aligns financial strategies with personal values
• Financial planning meetings include education components for both spouses
• Asset protection strategies are particularly important for physicians facing liability risks
• Lauren offers a free introductory course specifically for residents and fellows

Follow Lauren on Instagram or visit her website for contact details and to learn more about her services.

Here is the link to the Financial Foundation for Fellows course, and Behind The White Coat listeners get 50% off, using the code BTWC.

https://vestia.teachable.com/l/pdp/fellows




Speaker 1:

Hey everyone and welcome to today's episode. Behind the White Coat, I am your host, amanda Barron, and fellow physician spouse, so excited to introduce you to my friend and today's guest, lauren Oshman. She has experience growing up as a daughter of an interventional cardiologist. Lauren witnessed the unique challenges that physicians face, sparking her passion for helping doctors navigate their finances. As a CEO of Vestia Personal Wealth Advisors, she provides tailored advice to physicians. Lauren has a reputation for her ability to simplify complex financial concepts and, although she works with many types of physicians, she has a niche working with high caliber female surgeons. And not only is she a strong advocate for equal pay for these women compared to their male counterparts, she's also passionate about empowering them to spend their time purposefully rather than tethered to their financial responsibilities. A Vanderbilt graduate with degrees in economics and financial economics, she is a certified financial planner and certified divorce financial analyst. Lauren lives with her husband and three daughters here locally in the Nashville area. Lauren, thank you for joining us on today's episode.

Speaker 2:

Thank you for having me. I know this has been a long time in the making. I'm so excited.

Speaker 1:

Yes, and I know anytime that we are discussing finances, lots of questions come in. I was talking with a few fellow friends, fellow physician spouses, in preparation to this call and they were like, oh my gosh, you got to ask her this, this to this call. And they were like, oh my gosh, you got to ask her this, this and this, and so I'm just excited to have you here. I know we've talked about this for a long time and thank you for joining us. Oh yeah, of course let's dive in. Yes, so loved your story and I do think it relates to so many of the listeners, and I do think it relates to so many of the listeners. But I also like the perspective of you growing up in a physician household. So give us a little bit of backstory to all of that.

Speaker 2:

Yeah, so you mentioned my dad's an interventional cardiologist. He finished medical school when I was, I think, not quite two. So in my early days my mom's a nurse by education training. She was working as a nurse, working nights. She had me. I was with a babysitter while she was sleeping after her night shifts. Then my dad was in medical school. He went on to residency fellowship, did all of that. I'm the oldest of four, so they went on to have four kids and my mom stopped working after my brother was born, who's 18 months younger than me.

Speaker 2:

And normally when I'm talking to a group or on a podcast or whatever, the audience is largely physicians. And so I love this actually, because I have always noticed, I think that, like my mom is the unsung hero of making everything happen for us growing up, and now me being a mom with my own three kids, I'm like we have two parents that are relatively available for the logistics and the carpool and the shuffle and all of that and it's still so hard to make it work. And my mom was doing it. I mean my dad was doing in-house call. I mean we wouldn't see him for days at a time because he was moonlighting and he'd done med peds for his residency, and so he was moonlighting in a pediatric clinic while he was, you know, just so we would have enough money to make it all work. And so we wouldn't see him for days at a time and my mom was making it all happen and then somehow still finding time to take us to have lunch with him in the hospital cafeteria. Fast forward to now and me doing what I do it's not lost on me.

Speaker 2:

Whereas most people are looking at the physician if it's a physician and a non-physician spouse or a stay-at-home spouse in a conversation most people are looking at the physician, assuming that he or she is the decision maker and is the one who's going to be doing these things. I don't know why they make that assumption. My background, I know how it works. It's like my dad was going to share his opinion, but my mom was going to do the logistics of all of the execution, and so if she didn't understand what was going on, if she didn't feel like she was given the credit for being very intelligent and the one who actually knew how all of these things worked, that relationship wasn't going to work very well from a professional perspective.

Speaker 2:

And so I think, just understanding that and knowing I'm not going to email the doctor and say I need X, y, z, because that's not the way to get things done Right. I know that we're going to be working with the spouse. I know that they need to be very involved in the conversation and a lot of times are able to ask better, more insightful, more meaningful questions Because, again, they're the one that's thinking about the future for the family, they're the one that's really living in the day-to-day and that's not to say that the physician doesn't care, but their demands and their attention and their bandwidth for all of it is just a lot less because medicine takes so much.

Speaker 1:

I agree, and that's the same with my business. I primarily work with the physician spouse as opposed to the physician, and so that's where our listeners come in. To that side of it and speaking from my personal experience not everyone else's is my husband's just not around for those decisions. So if you asked him this morning, sorry to throw you under the bus, hon, but this morning how do I even log on to our account? He doesn't pay the bills, he doesn't log into the accounts, he doesn't know what we have in our accounts, and so a lot of times it is that spouse that is doing that, or they have the time to do it or to learn about it. I think a lot of our listeners are going to be really excited for some of the topics that we discuss.

Speaker 2:

Yeah, well, I think too, if we think specifically about physician wives like me thinking about your situation, yep, I think there is an element too where people who do what I do are largely men, and so there is kind of that male to male connection in that dynamic often, and then it's a lot harder as the physician wife to be able to go and say hey, here's what I need you to understand about me and how things work in our household. That conversation is just not gonna happen because it's not comfortable. And so I do think there's an element of obviously I myself am a woman and so just being able to relate on that level I think can be really helpful for physician wives who sometimes feel like they're left out of the conversation by absolutely no doing of their own, just kind of by the nature of the business.

Speaker 1:

I 100% agree and I love not only having the female aspect to these conversations but your background and knowledge of not only growing up in a physician household but working with physicians, because I do think a lot of times there is a lot of false thoughts on physicians and their finances and various things like that. So I think having that background is going to be huge, not only for the physician side of things but definitely for our listeners. So, with that being said, as far as getting into working specifically with physicians, was it because of your background or how did you kind of get into targeting and primarily having that niche of working with physicians?

Speaker 2:

Yeah, it's funny that you asked that question because I have always had kind of this empathy for the plight of doctors, if you will. So, just growing up, I mean, all of our family friends growing up were physicians. It was my dad's friend from medical school. It was his partners at the practice and their families and their kids. That was who we grew up with Particularly. My dad went through a malpractice lawsuit when I was in middle school and I was old enough to be curious not old enough to really know what was going on or understand the gravity of it. But this is not an uncommon occurrence for physicians. I mean, we're talking life and death. Especially, you know, my dad is a cardiologist and so I immediately. I took a public speaking class the next year in school and my persuasive speeches were all on medical malpractice tort reform, Like.

Speaker 1:

I just couldn't understand this system.

Speaker 2:

That was, you know for lack of a better term like putting my dad on trial for taking care of someone and saving someone, you know, like trying to save someone's life. And so the more I asked questions, the more I learned, the more I understood. I mean, these are the people that are taking care of us. These are the people that we need to be there for us. They're so giving, they are so selfless. Their families sacrifice so much and I'm like someone needs to be taking care of them. So this is just. I just had this mentality Fast forward.

Speaker 2:

I finished my finance degree at Vanderbilt. I really didn't want to go into a cubicle working with spreadsheets. I like people, I wanted to know I was doing good in the world, and so I got an internship with a financial planning company and saw how financial planning was really about helping people achieve their goals. It wasn't just like putting stuff in a spreadsheet and helping people manage their investments. If you're doing it well, I think you're asking about what's important to them in their life. You're asking about what kind of legacy they want to leave, what kind of memories they want to have as their kids are growing up, and then you're helping them use their money as a tool to accomplish those things. So I was like this is it, this is what I'm going to do, and I think you couple those two things. Doing that for doctors was very obvious, yeah. And then I actually helped start that.

Speaker 2:

I'm one of five co-founders of the company that I'm with now. We started in 2018. And we had to make a decision whether we wanted to be solely focused on physicians as a company or whether we wanted to have a broader client base. And we sat down and we were like look, these are people who need our help. We are so laser focused. I mean I listen to podcasts on the business of medicine and what's going on in healthcare, because that's the area that I need to understand to be able to help the families that I'm working with, and so us being able to be very focused allows us, I think, to be really really, really good at what we do and have very relevant advice and insights and experience to draw on, and so I mean I personally have never looked back, but then have also built this whole company around what doctors need and how they need their financial advisors to show up, which isn't necessarily what an engineer might need or a teacher or a lawyer or some other profession.

Speaker 1:

I agree and I feel that having that knowledge and those resources specific for them just speaks volumes of your expertise and professionalism. And so let's talk about there's all kinds of companies and all kinds of financial planners and trying to help people when they are making the decision of who to choose to work with and knowing what is right for them, their financial goals. Why does it make a difference to work with an advisor that specializes in working with doctors?

Speaker 2:

That's a really good question. I think there are so many things that I or any of the advisors on our team just know. So, for example, I'm talking with a doctor who is in the process that, like right now, she's underpaid. She feels this. I know this because I've accessed all the databases on physician compensation. And so she said, hey, this is what I think is true, just based on trying to ask some other people what they're making in different places. So I was like, well, I have the data, so I pull it up. While we're on the phone, I'm able to see that, yes, her productivity is more than what her pay for that productivity is. And so then I immediately go into let me see your contract. I'm not an attorney, but I want to see the financial structure. How are they incentivizing your work? And then her contract comes up for renewal in six months, and then her contract comes up for renewal in six months, and so I just jump right in. I'm like we're going to come up with a strategy to negotiate this.

Speaker 2:

Again, I'm not an attorney, but I understand so much of the finances in healthcare. I know where hospitals have money. I know what they typically are willing to agree to. I know how we can be creative. If they say no to what we want in one way, I'm like, well, we can go about it a different way. I know this is something you and I have talked about. So, dr buying a house, the realtor in most cases is going to refer them to kind of a trusted lender who's probably not going to have a physician loan, or that lender might have a physician loan, but it's really a low money down loan that comes with private mortgage insurance and so knowing where the physician specific offers are, understanding disability insurance is incredibly important for most doctors I don't say all doctors of the same kind, because if you're someone that's more clinic based versus more procedural based, the disability insurance you need might look a little bit different, and so we can talk you through that.

Speaker 2:

There's student loans I mean there's so much that we see repeatedly with physician families and then I think there's this element of you've worked so hard and had nothing. I mean, if you can make it out of training without debt, that's mission accomplished in my mind and I'm the financial person. So I'm like people will look at me and they'll say you mean, I don't need to try to save during residency. I'm like, well, if you have extra, by all means save it. But life is very expensive and residents and fellows don't get paid very much. So I'm like, if we can make it through debt-free, I feel good about that.

Speaker 2:

But then there's so much that comes at you so quickly when you have to decide where kids are going to go to school, and is that going to be public? Is that going to be private? How does that play into where you buy a house, how much you spend on that house, paying back your student loans? There's so many different strategies.

Speaker 2:

And so being able to have someone who has seen this scenario, I'm going to say hundreds of times and understand how to frame the trade-offs for you, because everything can be important, but it's not all important to the same degree. And so asking the right questions, helping you understand how does this debt make you feel? If my jaw's on the ground because you tell me you have $300,000 of student loan debt, I don't work with a lot of doctors. Because if you tell me you have $300,000 of student loan debt, I'm like, yeah, that's typical, that's what I expected and I'm very confident we can pay it off, because I've seen again hundreds of families do it before.

Speaker 2:

There's so much. That's very common to the physician situation but very unique to the broader population, and it's doctors make enough that most people would think it doesn't matter. Like the decisions they make with their money don't matter because they make good money. My perspective is the decisions actually matter a ton because you don't start making that good money until you're pretty far along in your career. You don't have a 401k starting at age 22.

Speaker 2:

It's like 35 if we're doing well, right, and you're not gonna get help with anything. You boxed out of all the tax deductions that most Americans get because you make too much. You're not going to get help with your kid's college because you make too much, and so there are all these things where it's like doctors are just in this middle, where they don't make enough that it doesn't matter, but they make too much to really get any help with anything, and so that means the decisions really do matter, and having someone who can help you navigate those, just as a trusted partner, I think takes some of the pressure off, because if this is not what you do, the gravity of these decisions feels like a lot, and I mean for me. I just want to alleviate some of that burden so that people have confidence that they're doing what is best for their money, for them.

Speaker 1:

Right? No, and I love that and I many times get that same question from a real estate perspective and there's so many avenues, so many facets that encompass this expertise that you offer and various questions, and it's not a one size-all but with the experience that you have of working with physicians and finding the right path that meets their financial needs, meets their financial goals, I think is huge because it is a very different experience than just working with somebody else that is outside of that medical profession. Right?

Speaker 2:

And, I think, something that my parents have shared too. They've always been in smaller towns and so I think Nashville is a little bit different, because there are a lot of professionals that you can find in Nashville and it's not so small that everyone knows everyone's business, but there are certainly pockets of community in Nashville and some of my parents have said they were like we always kind of felt like we were probably one of the bigger clients when we were working with smaller companies that worked with all types of people, and so they were like there was always this thing in the back of our heads. We were wondering are we really getting the advice that we need? Like, especially if we come up with an idea it's like, hey, we want to make this investment or we want to buy this vacation home. Are they talking to well, I know this is what you want and I don't want to lose you as a client or are they coming at you and saying this is what you need to hear, because this is not the right decision? Here's why and I always say it's your money. It's not my job to tell you what to do with your money. It's my job to give you the information that you need to make good, confident decisions for yourself, right, but you also need to feel confident that that person truly has your best interest at heart, because I don't have a problem with a tough conversation.

Speaker 2:

If someone wants to build a house that's way out of their budget and is going to compromise other goals that I know are incredibly important to them, I'm going to tell them I'm not saying don't do it. I want you to see the impact on the rest of the financial picture. If you do, or maybe don't do it right now, exactly, how can we get there? Maybe in five years versus today? What can we do to make that a reality? Versus again, if you're going to your advisor who maybe you are because, I mean, doctors do tend to build a good amount of wealth over time, and that's great. You're going to an advisor who's saying, well, I just want to make sure that you, that's great. You're going to an advisor who's saying, well, I just want to make sure that you're happy. So I'm going to tell you what you want to hear. That's not great either.

Speaker 1:

Yep, yep, if listeners are hearing this and they're like, oh my goodness, I need to get some direction. But when do we actually start with a financial planner? When do we meet with Lauren to discuss some of our financial issues, our financial goals, and, especially if they're a physician, is there a time that you advise they reach out, depending on either where they are in training, if they're out of training, when is the right time to reach out and start working with somebody?

Speaker 2:

Yeah, that is a great question. I'll say, if you're out of training, it's now Better sooner than later. I think I always use this analogy because I had this conversation with a friend and I've just never forgotten it where she's like we were talking about the idea of getting a house cleaner. It's like there's so much to do, you know, and I'm like we need to get house cleaners. And she said but do I have to clean my house for the cleaner to come? I'm so embarrassed about the state of my house.

Speaker 2:

I do it every time it drives my husband crazy when I go. Well, isn't that their job. If they come in, I mean, maybe they'll charge me a little bit more because my house is a mess and they have to pick up kids' toys and scraps of ribbon and whatever they've cut up in their little project room that week or whatever, but that's their job. If I have to clean up, that seems like not what we're paying for. But the same thing I see exists in the world of finance, where people are afraid to come get help because they don't feel like they have it together enough. What I'll say is I never judge.

Speaker 2:

I literally had a doctor walk in one time with all of his financial documents in a trash bag. I kid you not, it was every piece of financial mail he had gotten for months and months and months and months in a trash bag. And my team got to work. We sat down, we went through the trash bag, we opened things. We immediately knew what everything was. We immediately knew how to go get access, that we needed to figure out what was, where and how things, because this is what we do all the time.

Speaker 2:

So you feeling that overwhelm saying I got to put some time aside to figure out what we have so that I can go get help. If anyone's thinking that way, as they're listening, I just want to put you don't need to feel that way. If you have goals, if you have things that you want to accomplish, if you have feelings about how you want to be using your money, let's have that conversation, and my team is very good at finding the money. So if you're like I don't know, my husband did training at wherever and then was here for a little bit and then I worked at this place for a little bit If you give all those pieces of information, we'll go find all of those accounts for you.

Speaker 2:

That's part of what we do. So, for anyone who's out of training, the sooner the better, because we can help you make good decisions sooner. We can help you get organized. You can see everything on one screen. You'll know what you have, you know what it's worth, you know what it's working to accomplish and that, if you're in training I think so we actually do have an online course and I'm happy to give you that, for, yeah, you can share with your listeners who are in training that would be great, Specifically for residents and fellows, and it takes you through kind of the different modules, that Things you need to be thinking about if you're interested in kind of getting your arms around your finances.

Speaker 2:

Yeah, I love that. The time I think to be engaging someone like us would really be in that final year I would say before you sign a contract. A lot of people are like I need to get my contract worked out and then I'll go get help Again. We'll help with the contract negotiation. We'll help you benchmark what they're proposing paying you. We'll help make sure that that's a fair arrangement and that the signing bonus is structured in a tax-efficient way for you I mean there are all kinds of nuances there in a tax-efficient way for you. I mean there are all kinds of nuances there. We can help with all of that. And then, once the contract is signed, we'll start helping you plan for what's going to happen with that cashflow that you're going to get paid.

Speaker 2:

I don't jump into saving and investing with paycheck number one you need a little bit of time to enjoy what you've worked hard for, but by paycheck two or three, we should really start putting some money away, whether it be that for short-term debt repayment, building cash reserves, or starting to think about the future for your own retirement kids, a house down payment whatever those goals happen to be for you.

Speaker 1:

Well, I love that. Thank you for sharing that class. We'll definitely put that in our show notes and I think that so many of the listeners could benefit from it. And even though I'm done with training, I would still love to take the class because I feel like I still have so much to learn and I think sitting down with you and coming up with a plan is probably the hardest step that I think a lot of people would have, myself included.

Speaker 1:

Talking finances is never easy, whether it's how much you have or how much you don't have, and then figuring out that next step of okay, what to do to either get out of debt, to plan for the future.

Speaker 1:

And when my husband finished with training, I remember feeling really overwhelmed with all the things, with the decisions that we had to make. Now it was time to really adult right and where to start, and we felt like we were making up for lost time. So whether it was getting out of debt, actually being able to put money away for savings, saving for college, putting stuff towards retirement, because we really didn't have much to put towards retirement, and so if someone does reach out with you, obviously you will cater it to what each individual needs, but just kind of map out a little bit. If I was finishing up with training or maybe I've been five years out of training and I still haven't talked with a financial planner as far as what that looks like when we reach out to you or breaking it down, so I'm not overwhelmed of, oh my gosh, I've got to get all this stuff together for her. What would that look like?

Speaker 2:

That's a really good question. So I always just start with an introductory 30-minute. It can be a phone call, it can be Zoom I know sometimes there's a lot of pressure on Zoom these days and it's hard to get yourself together and in front of a camera and all of that but some people love the face-to-face element of that. So either one. And we work with doctors in 46 states, by the way, so we work nationwide. We have virtual relationships, some that started in person and moved virtual, some that have always been virtual. So it's fun when I get to meet a client that I've worked with for a really long time virtually in person, because we happen to be in the same city for something or they're coming through Nashville or whatever. But we start with just a quick get to know you, just because I want to make sure, before anyone invests more time, that we're a good fit, we will be able to help, and so we can ask some quick questions. Just kind of understand what made you reach out. That gives me an idea of like what is your top of mind issue? So I was thinking about it. It's like you come into the emergency room with a broken arm and someone's like well, we first need to get all this paperwork and then we're going to get this EKG and we're going to do this and that and it's like, okay, but my arm, like can we take care of my arm Right? So if there's something like that for you, we want to talk about that right away. I want to know what that is, I don't want to miss that. So, assuming that we feel like, yes, there's value to be added here, we're clicking enough that we want to take next steps.

Speaker 2:

The first actual meeting that we have and again, this can be Zoom or in person, depending where you are I do like both spouses to attend this meeting, because this is actually not like what most people would imagine a meeting with financial advisors to be like. It's an exercise I walk people through to understand their values. So we have an exercise. If you're physically in my office, it's cards that you're going through. Otherwise, there's a virtual version of it, but I'm having you rank, order some different priorities and different categories, and then I spend time asking tell me what this means to you and tell me why it's important. And then we just do a lot of listening Because and I have you do that and your spouse do that separately and then we bring it together because I want to understand what's important to you individually. I want to understand what's important to you as a couple because I want to make sure that we can lead with.

Speaker 2:

I mean we call it wealth that matters. So this is like what is your, what's your goal in life? You can build all of the financial wealth in the world and if you're not healthy and don't have good relationships with friends and family and aren't getting what you need elsewhere, then it doesn't matter. So we need it all. So we call it wealth that matters. I have tried to understand what that is and that values exercise helps with that. That also gives us the ability to paint a really granular picture of what we'll be doing to help. So, for example, if one of those cards that someone chooses is protect my family, if I'm not around and oftentimes if there is a breadwinning physician spouse, they'll choose that card because that's something that gives them anxiety. They don't know, even if they have life insurance. They don't know if it's enough. They don't know if the beneficiaries are right. They don't know if they have the right kind of will, if they need a trust. I mean, there's so many questions just off of that one priority. And so I can ask some more questions to understand what does that mean to you? What is that anxiety? Is there family history that's playing into that? Where is that coming from? And then what are we going to do to help address that? And so once we painted that picture, we really figured out okay, here's the top priorities. Then we have a more set process that we'll go through, to go through kind of big picture financial plan, like how are we going to get from where you are today to where you ultimately would like to be, step by step? We have a meeting where we'll just go through risk management. So that's what happens if you get sick and can't work, you get hurt and can't work, someone passes away unexpectedly heaven forbid. You get sued, your house catches on fire. I mean, all of these risks that could happen. Do we have the right protections in place? Are those protections enough? If the answer is no, if there are gaps, we'll help. We'll help you find the right people to fill those in for you. We'll go through an investment strategy meeting.

Speaker 2:

We take the approach of leading with a lot of education. I mean, doctors are very intelligent people. Their spouses are very intelligent people In our experience, physician households are very educated. Very intelligent people Never get exposure to investment education, and so if you jump in and start talking about, okay, stocks and bonds and equities markets and blah, blah, blah I mean it's over my head Intelligent people don't know what you're talking about.

Speaker 2:

Yeah, right, so we start with a much more basic education asking questions, understand kind of where you're starting. So if you already understand all these things, we'll start there. If you're really like you know I've always heard people use that word bond and I don't know what it means Then we'll start there. Yeah, and then we'll help kind of get you to okay, here's the investment strategy that makes sense, given those goals we already went through, given everything that you've said is important to you, given how long it's going to be until you need this money. Are there shorter term, medium term goals? Are they longer term goals? And then really help bring that all together. We're always looking at taxes along the way, like where can we get more efficient from a tax perspective? Because, I mean, doctors pay a lot of tax and most of them would like to pay less.

Speaker 1:

Yeah, wouldn't we all, we're always looking at that, and then the layer of asset protection too.

Speaker 2:

I think that's one of the. I mean, I shared the story about my dad and the malpractice lawsuit. That really got a lot of this thought started for me. But knowing that we're only working with doctors, we're going to be thinking about the asset protection, and oftentimes that doesn't need to be a big fancy plan, it's just understanding okay, what types of accounts are we using and how do we title those appropriately so that if the physician spouse gets sued, that money is not going to be available to any creditors maybe as a result? Right?

Speaker 1:

Well, I love the education side of things because I know I need help with that, but to put it into terms, where people who aren't on the financial side of things can understand how it needs to work for you and where it should go, and so I know that we're going to have listeners with additional questions that want to reach out and maybe have that consultation with you. What would be the best way for them to get in touch with you or schedule that consult or get that class that you had mentioned?

Speaker 2:

earlier. Yeah, that's a great question. We'll get you a link that you can share in the show notes to the course. That'll probably be Perfect. That's a very new launch. So that'll probably be Perfect. That's a very new launch, so that'll probably be the best way to get that to everyone. If you go to our website, bestiaadvisorscom B-E-S-T-I-A bestiaadvisorscom there's a button that says Contact Us. You can go there, just put in your name, email address, and just say that you heard us on the Behind the White Coat podcast and then we'll make sure that we get you connected for a conversation.

Speaker 1:

Awesome, Thank you. And I always finish with the same two questions for all of my podcast guests. So the first one is what advice would you give to your younger self?

Speaker 2:

I really like this question. People probably say that a lot.

Speaker 1:

Oh, I really like this question and I thought about this so much wisdom that we have now right, I know that we would share.

Speaker 2:

I know and I thought about this wisdom that we have now right, I know, and I thought about this one in because I have three little girls. They're four, six and eight, and so I think about you know, there are those lessons where I'm like, please, I want you to learn this earlier than I did. Yeah, and for me, the number one thing that I would tell my younger self is just don't be afraid. I spent so much of my life so afraid to fail or to get something wrong that I didn't try Same same.

Speaker 1:

I had that same fear, yeah.

Speaker 2:

And I just now that I have broken through that, that I've realized, okay, like I mean, what I do is not life or death. Thank goodness that there's so much on the other side of just being willing to try, and if it doesn't work, that's okay, you just try again, you figure it out, you fix something, you move on. I sometimes wonder what would have happened. I mean, it's the butterfly effect and I wouldn't change a thing because I love where I am today.

Speaker 2:

But, if I would have found my voice a little bit earlier. If I would have found my voice a little bit earlier, if I would have found that confidence a little bit earlier, I think I probably just would have saved some frustration, some heartache, things like that. So when I think about what I want for my daughters, that is what I would have told my younger self, which is don't be afraid, it's okay to fail If that's the worst thing that happens. You're doing okay.

Speaker 1:

Yeah, I love that advice and I try to implement that into my boys as well, because that was something that I definitely could have learned earlier on, and that's so much to learn in the failures, yeah Right, and not just the successes, and so I think that's great advice, yeah, and then one just for fun, that we like to ask if your life was a reality TV show, what would the title be?

Speaker 2:

Oh my gosh, I thought about this, I thought about this and I was like oh, what direction do I go? Because I was thinking what are the so many choices.

Speaker 2:

What are the ingredients? In my life, it's like a lot of coffee, a lot of chaos, a lot of meltdowns, and then also this company that I run and business and team and all of that Right. So I think if I'm going to the well, this will be fun. Let's see what happens. It's probably a shot of coffee and a dose of chaos, or something like that. Yes, yes, if I'm going the more serious route, the show that I would probably want to watch would be something like she Means Business. I would want to watch business leaders who are juggling and see what they do and how they do it and all of that. So I don't know which direction I'd ultimately go. I'd probably pitch both shows and see what people want to watch.

Speaker 1:

I was gonna say I think I would watch both and I love I think that's why we all love the reality TV shows is it's real, it's not perfect and they're messy, and so I would watch both of them.

Speaker 2:

So I love both of those, thank you, I probably don't have a career in TV, but I mean, you never know, we could have some fun.

Speaker 1:

That's right. That's right Well, lauren. Thank you for taking the time to share your expertise, some advice for our listeners and just your time, and I look forward to hopefully doing this again sometime soon.

Speaker 2:

And thank you for just being a part of this. Oh, of course, yeah, it was a lot of fun to talk with you and I know we're only skimming the surface and I'm sure people listening have so many questions, so, please do. We will not pressure you to have to work with us or anything like that. If you just have a burning question that you want to ask, feel free to go to our website. I'd be happy to even just give you 10 to 20 minutes of my time just to point you in the right direction, because it really does. I have such a heart for the physician community and I really, really do want to help, so if there is any way I can do that, please don't hesitate to find me.

Speaker 1:

Thank you, and I feel that. So I encourage all of you guys to reach out to Lauren as well. She's fantastic. She is so experienced and just so kind. So please don't forget to share this podcast with somebody that you feel like could really benefit from the topics and also just from the connections. And until next time. That's a wrap on this episode of Behind the White Coat. I hope today's conversation left you feeling more understood and supported, and if you enjoyed this episode, I would love for you to subscribe, leave a review or share it with another physician spouse. Your support helps more of us to connect. Keep in mind, this podcast is for you, so let's keep this conversation going. Dm me on Instagram at Amanda Barron Realtor, with your thoughts, topic ideas, questions or even guest suggestions. I would really love to hear from you. Thanks for spending part of your day with me and remember you are never in this alone. See you next time.