Podcast Episode 22 – “How I Built My Side Hustle Business to Make $50,000 per Month” with Dr. Heather Hammerstedt

Grow a Side Hustle with Dr. Heather Hammerstedt

Episode 22 – Have you thought about building a side hustle to help you diversify your income and create a more financially secure position?  Dr. Heather Hammerstedt did more than just think about it.  She built a non-profit organization to provide emergency care in Africa, then built a physician coaching business that now makes over $50,000 per month.

Guess what?  She does all of this while still having a full-time emergency medicine practice and being a mother!  In this episode, she shares her expertise, experiences, and advice with our listeners.  If you’re looking for inspiration to help you start your own dream business, this conversation is for you!

Dr. Hammerstedt has phenomenal insights to share with us, learned over years of hustling and grinding to create a thriving business.  This episode is empowering and will equip you to get started on your own dream business!


“I think it’s important to control our own future as physicians, and building your own business is a great way to do that.”

 – Dr. Heather Hammerstedt


Listen to the episode and leave a review on Apple Podcasts


Meet Dr. Heather Hammerstedt

Dr. Heather Hammerstedt

Dr Heather Hammerstedt is a double boarded emergency physician and lifestyle medicine physician, with an additional masters in international public health policy. She has grown a thriving lifestyle medicine coaching company to >600k/ yr revenue while balancing clinical EM work, nonprofit global health work, and being a momma to two littles and two furries. She promises she’s an open book, so we’ll see what we can dig into!



Connect with Dr. Hammerstedt


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Show times

  • 00:00 – Introduction to episode 22.
  • 01:31 – Subscribe to the podcast, and please leave a review!
  • 01:59 – Check out all of the great resources available for free at www.thescopeofpractice.com, and click on the “Resources” tab at the top of the website.
  • 03:02 – Join the “Business and Personal Finance for Physicians and Dentists Facebook Group”
  • 03:19 – Introduction to Dr. Heather Hammerstedt
  • 04:09 – Dr. Heather Hammerstedt is our first guest from Idaho!  Let’s get to know her!
  • 05:05 – Dr. Hammerstedt shares her experience with a non-profit organization called Global Emergency Care
  • 07:53 – It’s a lot more work to build the organization than to work in the organization.  
  • 08:59 – Many physicians are realizing that it’s important to diversify their income streams.  Dr. Hammerstedt shares how she prepared for her side hustle by training for skills other than medicine.
  • 11:40 – If we did a better job as physicians educating and equipping our patients to care for their health, we’d have fewer trips to the ER.  That’s what led Dr. Hammerstedt to start Wholist.
  • 13:25 – Lifestyle medicine is highly scientific and evidence-based.
  • 16:00 – As Dr. Hammerstedt was starting to learn more about her business, she got a lot of experience from just trying a lot of things.
  • 16:40 –  Getting help with marketing and coaching was the key to Dr. Hammerstedt’s growth from $2,000/month to $50,000/month.
  • 18:47 – Sales is not a dirty word!  You’re not selling if you’re providing something incredibly valuable that people want and need!
  • 20:22 – Dr. Heather Hammerstedt says, “Create a team for your business so you can grow more!”
  • 22:06 – Getting balance in your life may be the key feature that finally convinces you to get more people in your team.
  • 23:30 – Dr. Hammerstedt invested $50,000 of her own money to get started in her business.
  • 25:04 – You have to believe in yourself and be stubborn in order to succeed!
  • 26:20 – Dr. Heather Hammerstedt reports that her spouse was integral to her success.  
  • 27:06 – Self-care is critical to our success in any endeavor that we have.
  • 29:26 – By and large, physicians across the board are really bad about taking care of themselves.
  • 30:39 – Dr. Hammerstedt discusses some of the limiting beliefs that keep physicians from succeeding.
  • 33:05 – Dr. Hammerstedt has seen amazing transformations from people making significant lifestyle changes.  She shares some incredible stories.
  • 34:47 – COVID has made some people get more serious about their lifestyle changes, and some people have slid further into bad habits.
  • 36:54 – Dr. Hammerstedt explains the concept of meta-cognition and how it affects our mindset.
  • 41:04 – Having a community for encouragement, support, and learning is critically important for success in any venture.  
  • 43:48 – There are great opportunities for anyone interested in creating an online course.   
  • 47:12 – Dr. Hammerstedt spends an hour with anyone who first starts the program, and then she connects them with a series of coaches to help them achieve their goals.
  • 50:10 – Dr. Hammerstedt shares her parting advice for physicians.
  • 52:17 – Summary of the episode
  • 53:18 – This week’s free resource: “Creating a Personal Mission Statement
  • 54:11 – signing off


Listen to the next episode

Profit First with Mike Michalowicz

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business, entrepreneur, physician, side gig, side hustle

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