Dr. Pranay Parikh is a physician, Co-Founder and President of Ascent Equity Group, serial entrepreneur, online course creator, and host of the MD to Entrepreneur podcast. His unconventional journey to medicine helped him learn the skills to excel in entrepreneurship. He’s helped launch a 7-figure online course, buy over $1.1 Billion in real estate, and helped hundreds of physicians launch their own businesses. His goal is to help launch 10,000 physician-led businesses.
[00:00 – 08:02] Opening Segment
Dr. Pranay Parikh is a physician and co-founder and president of Ascent Equity Group, He is an Online course creator and host of the “From MD to Entrepreneur podcast”. He has helped launch a seven-figure online course, buy over $1.1 billion in real estate, and helped hundreds of physicians launch their own. His goal is to help launch 10,000 physician-led businesses.
[08:02 – 23:16] Doctors turn to real estate experts for deals
Doctors from Ascent Equity Group work with real estate deals, and they bring in all the money to the table. They are able to find deals for their investors, and they are always looking at deals from multiple angles. Interest rates are high right now, but it’s not just interest rates that are causing problems. Inflation is also a big issue. Operators should be honest with their investors, when something important happens or something goes wrong.
[23:16 – 32:09] How to Retire Early and Passive Income
Passive income is a means to achieve financial freedom and independence There are many ways to generate passive income, including real estate, investing, and podcasting It can be helpful to have a timeframe in mind for when you want to retire or gain extra income, as real estate takes time to build up wealth
[32:20 – 33:35] Closing Segment
“You are creating a second job for yourself. And that can be very successful and lucrative. But just know that if you’re feeling time-crunched, then that’s gonna be an issue, right? So you could do it, cause you’ve gotta either put in time or money. And the best is when you put in both, right?” – Satch Bernhardt