The Ultimate Lifestyle Psychiatry Private Practice: Six Figures in 1 Day/Week

How do you build a successful private practice before you even graduate? In this Dream Practice Academy success story, psychiatrist Agam Dhawan, MD shares how he started building his private practice during fellowship, why he refused to wait until after graduation, and how he created a lifestyle-first psychiatry practice that allows him to work just one day per week while maintaining a six-figure income. We discuss: • How to start a psychiatry private practice during residency or fellowship • Why most psychiatrists wait too long to begin building their practice • The mindset shift from employee to entrepreneur • How personal branding and social media can accelerate practice growth • Private practice pricing and premium psychiatry services • Creating a concierge psychiatry practice around your ideal lifestyle • Avoiding physician burnout through autonomy and flexibility • Why investing in business education can dramatically shorten the learning curve If you're a psychiatrist, PMHNP, resident, fellow, or mental health clinician considering private practice, this conversation provides a realistic look at what it takes to build a practice designed around freedom, flexibility, and meaningful patient care. Learn more about Dream Practice Academy and private practice resources at The Psychiatry Mentor. https://go.zenpsychiatry.com/dream-pr... 00:00 Introduction 00:48 Why Agam Started Building a Practice During Fellowship 01:25 "I Hated Being Told What To Do" 02:35 Why Private Practice Requires a Long Runway 03:20 Finding a Program Built for Psychiatrists 05:10 Why Entrepreneurs Invest in Coaching 07:35 The Real ROI of Business Education 09:30 Building a Practice Around Lifestyle and Freedom 10:15 From $500 to $2,000 Psychiatry Evaluations 11:15 Working One Day Per Week 12:45 Why Most Psychiatrists Choose Freedom Over More Income 13:50 The Iceland Story: True Schedule Freedom 15:15 The Roadmap That Accelerated Growth 16:00 Overcoming The Valley of Despair 17:15 Why Trying to Figure It Out Alone Costs More 19:20 Why Waiting Until Later Doesn't Work 22:20 Start Learning Before You Graduate 24:10 The Biggest Mistake Future Practice Owners Make 25:20 Investing in Yourself as a Physician Entrepreneur 27:30 Confidence Through Taking Action 28:30 Leveling Up as a Private Practice Owner 29:35 Final Advice for Future Practice Owners #PrivatePractice #Psychiatry #ConciergePsychiatry #Psychiatrist #PhysicianEntrepreneur #MentalHealthBusiness #CashPayPractice #PsychiatryResident #PMHNP #DreamPracticeAcademy