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Peter Kim - The Mindset for Abundance
Manage episode 491768775 series 3580297
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Welcome to our latest episode!
Break free from trading time for money and discover the power of passive income. Join host Bronson Hill and co-host Nate Hambrick, author of The 18 Laws of Leverage, for an inspiring conversation with Dr. Peter Kim, former OB anesthesiologist at Cedars-Sinai and founder of Passive Income MD, recorded in June 2025. Growing up in a family of immigrant physicians, Peter was set on a path to medicine, only to find the “golden ticket” of a dream job came with unexpected challenges—broken promises, rigid schedules, and a loss of freedom. This sparked his journey into real estate and passive income, leading to Ascent Equity Group, where he raises capital for cash-flowing investments like preferred equity and debt funds. With a community of over 50,000 physicians, Peter coaches professionals to diversify their income and reclaim their time through real estate, businesses, and more.
From his abundance mindset—“there will always be enough”—to prioritizing family trips over work, Peter shares how to shift from scarcity to freedom.
TIMESTAMPS
00:43 - Introduction: Passive income and financial freedom
01:41 - Guest introduction: Dr. Peter Kim’s journey
03:01 - From physician to investor: Breaking the mold
06:26 - Career shift: Betrayal of the “golden ticket”
08:19 - Real estate awakening: Discovering passive income
10:31 - Burnout and boredom: The 7–10 year itch
12:58 - Mindset shifts: Overcoming golden handcuffs
15:40 - Coaching physicians: Freedom through choice
19:53 - Favorite investments: Cash flow over appreciation
23:00 - Lifestyle change: Prioritizing family and time
25:52 - Abundance mindset: “There will always be enough”
29:56 - Ascent Equity Group: Preferred equity and debt funds
34:08 - Future vision: Expanding Passive Income MD
37:35 - Personal development: Masterminds and growth
40:52 - Connecting with Peter: Website and community
41:40 - Key takeaways: Mindset and passive wealth
Connect with the Guest:
Website: passiveincomeMD.com
LinkedIn: https://www.linkedin.com/in/peterkimmd/
Instagram: https://www.instagram.com/drpeterkim/
#PassiveIncome
#FinancialFreedom
#RealEstateInvesting
#PhysicianEntrepreneur
#CashFlow
#MindsetShift
#TimeFreedom
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