The Medicine and Money Show cover art

The Medicine and Money Show

The Medicine and Money Show

By: J. Ryan Smolarz M.D. M.B.A.
Listen for free

Summary

A podcast for high-performing doctors who want to escape financial dependency and build lasting wealth. Join Dr. Joseph Ryan Smolarz as he shares practical strategies for shifting from consumer to investor, without needing a finance degree.

© 2026 The Medicine and Money Show
Economics Personal Finance
Episodes
  • AI Is Replacing More Than You Think: What Every Doctor & Investor Must Know
    Apr 30 2026

    Send us Fan Mail

    What happens when AI stops being a tool—and starts reshaping medicine, business, and decision-making?

    In this episode of The Medicine and Money Show, I sit down with Bryan Trilli to break down what AI actually means for physicians and investors. We explore how doctors can shift from a traditional clinical mindset to one that embraces technology, automation, and capital allocation in a rapidly changing world.

    We dive into how AI is already transforming workflows—from patient intake to diagnosis—and why the real disruption isn’t just efficiency, but a complete redesign of how healthcare operates. We also discuss the risks: governance, ethics, and the growing influence of a small number of AI platforms shaping decisions at scale.

    On the investing side, we cover why many SaaS and knowledge-based businesses may lose their edge, how barriers to building software are collapsing, and what that means for future opportunities.

    At its core, this episode is about one thing: the people who learn to think and operate alongside AI will have a massive advantage—while those who don’t risk being left behind.

    Show More Show Less
    1 hr and 13 mins
  • Think Like an Investor: The Strategy Doctors Need to Escape Income Caps and Build Wealth
    Apr 23 2026

    Send us Fan Mail

    What actually separates investors who consistently build wealth from those who stay stuck earning a high income—but never achieve true financial freedom?

    In this episode of The Medicine and Money Show, I sit down with multidisciplinary investor, attorney, and software engineer David Awad to break down the real principles behind value investing—and why mindset matters more than tactics.

    We explore how physicians can transition from thinking like employees to thinking like capital allocators, and why that shift is the foundation for long-term wealth. David explains investing as more than numbers—it’s a reflection of how you see the world, where value is created, and how capital moves markets.

    We also dive into the reality facing doctors today: declining purchasing power, limited pricing control, and the necessity of investing to offset those constraints. From inflation and market inefficiencies to identifying “wonderful businesses” with pricing power, this conversation gives a clear framework for building wealth outside of medicine.

    Along the way, we connect value investing to broader themes—entrepreneurship, AI, and the intersection of code, capital, and law—showing how modern investors can position themselves ahead of major shifts in the economy.

    At its core, this episode is about one thing: if you learn how to think like an investor, you can take control of your financial future—regardless of your profession.

    Topics Covered:

    • Value investing fundamentals (buying great businesses at the right price)
    • The mindset shift from physician to investor
    • Pricing power, inflation, and protecting purchasing power
    • How markets actually work (and where inefficiencies exist)
    • Entrepreneurship and solving real-world problems for profit
    • Code, capital, and law in modern investing
    • AI, automation, and the future of capital allocation

    This episode is for physicians, investors, and high-income professionals who want to move beyond trading time for money—and start building scalable, lasting wealth.

    Show More Show Less
    1 hr
  • Why Your Income Doesn't Matter Without This Strategy
    Apr 16 2026

    Send us Fan Mail

    What actually separates those who build scalable businesses and financial freedom from those stuck trading time for money?

    In this episode of The Medicine and Money Show, I sit down with entrepreneur and leadership coach Ray Young to break down why leadership—not strategy—is the real key to growth. We explore how physicians and professionals can transition from operator to CEO by building systems, hiring effectively, and creating accountability that drives execution.

    We also connect leadership to financial independence—why saving capital, investing outside your profession, and building income streams beyond your time is critical for true autonomy.

    We dive into real frameworks for hiring, SOPs, and managing teams, along with how AI and workforce shifts are changing the game for business owners today.

    At its core, this episode is about one thing: if you build the right leadership foundation, you can scale your business, your income, and your life.

    Topics Covered:

    • Leadership vs strategy in business
    • From operator to CEO
    • Hiring and accountability systems
    • SOPs and scalable processes
    • Financial independence for physicians
    • Escaping the time-for-money trap
    • AI and workforce challenges

    This episode is for physicians, entrepreneurs, and professionals ready to think bigger, scale faster, and build lasting freedom.

    Show More Show Less
    38 mins
adbl_web_anon_alc_button_suppression_c
No reviews yet
In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.