The PEA-SimpliMD Digest: This Week in Micro-Business I 4-19-25
Apr 19, 2025The PEA-SimpliMD Digest: This Week in Micro-Business I 4-19-25
๐ฉบ This Week in Micro-Business (April 14–19 Edition)
Each Saturday, I help you zoom out and see how the pieces fit together. If you're building your micro-corporation—or thinking about it—this weekly digest is your strategic pause. Think of it as your business huddle for the week ahead.
From decoding confusing offer letters to unlocking the short-term rental tax game, here's what we covered this week in the Physician Entrepreneur Academy (PEA)-SimpliMD ecosystem.
๐๏ธ Weekly Content Recap
๐ Monday: Taking Per Diem on Business Expenses—A Guide for Independent Physicians
๐ Read the full post If you're tired of tracking every meal receipt during your locums or side gig work, this one’s for you. I break down how the IRS per diem method can make your life easier—and keep you audit-proof. ๐งพ “Instead of chasing receipts, why not let the IRS do the math for you?”
๐ Wednesday: Your Guide to Short-Term Rentals—Physician Entrepreneur Edition
๐ Read the full post Thinking about owning an Airbnb or lake house? This post unpacks the STR loophole, cost seg studies, and physician tax angles. Case study included. ๐ “It’s not just about summer income—it’s a long-term wealth play with big tax benefits.”
๐ Friday: Decoding the Physician Offer Letter
๐ Read the full post Before you sign that shiny new offer, read this. I walk you through what every offer letter really says (and doesn’t say). ๐ “Hint: RVUs, base pay, and tail coverage are just the beginning…”
๐งฐ Tool of the Week: The STR Rental ROI Calculator
Want to stress-test whether a vacation rental makes sense for your portfolio? This calculator helps you quickly model cash flow, ROI, and even property appreciation based on physician-specific inputs.
๐ค Affiliate Highlight: Contract Diagnostics – Physician Compensation Rx
Worried that your new job offer isn’t fair market value? Work with the pros who specialize in physician comp. For just $297, get a full breakdown of your offer from people who live and breathe contracts.
๐ Review your contract with Contract Diagnostics
๐ PEA Membership: Your Path to Micro-Business Mastery
If you’re not yet a PEA member, here’s your nudge.
๐งญ PEA Explorer – $99/year
Get your feet wet with access to the Resource Library, tools, and digital downloads. Perfect for side gig starters.
๐๏ธ PEA Builder – $499/year
Includes all Explorer features + business coaching, side gig matchmaking, and strategic planning tools.
๐ผ PEA Pro – $999/year
Full-access to all courses, premium coaching, group consults, and advanced business development tools.
๐ Join or upgrade your membership today
๐ง Final Thought
Your micro-business isn’t built in a day—but it is built with a system. Whether you're optimizing your locums taxes, evaluating a STR investment, or vetting your next job offer, remember: each step forward builds your entrepreneurial muscle. Keep at it—PEA-SimpliMD is here to guide you.
To your autonomy,
—Dr. Tod Stillson Founder, Physician Entrepreneur Academy (PEA) | SimpliMD