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The Medicine and Money Show

The Medicine and Money Show

By: J. Ryan Smolarz M.D. M.B.A.
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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 About to Replace Software (And Create Million-Dollar Solo Businesses)
    Apr 2 2026

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    What happens when artificial intelligence stops being a tool—and starts becoming the engine behind how we think, operate, and build businesses?

    In this episode of The Medicine and Money Show, I sit down with Len Ward, founder and managing partner of Comexus, to break down one of the biggest shifts happening right now: the move from a “search and retrieve” world to a “solve my problem” world powered by AI.

    Len and I dive into how AI is transforming marketing, operations, and decision-making—and why the people who don’t adapt their mindset are going to get left behind. We talk about what it actually means to unlock your data, layer AI on top of it, and start interacting with your business like it’s a 25-year employee who knows everything.

    I also share how we’re implementing these exact strategies inside my own practice—using AI to automate workflows, reduce friction, and allow me to step into more of an editor and decision-maker role instead of being buried in tasks.

    We go deep on where this is all heading: the end of traditional software, the rise of one- and two-person companies doing millions in revenue, and why this moment is one of the biggest opportunities I’ve seen for entrepreneurs.

    For physicians, this conversation hits home. We talk about the gap between clinical training and business literacy, why not understanding your numbers is a liability, and how ego can quietly hold you back from leveling up.

    At its core, this episode reinforces something I strongly believe: AI isn’t just changing how we work—it’s changing who wins.

    Topics Covered:

    • The shift from “search and retrieve” to “solve my problem”
    • How AI is changing marketing and customer expectations
    • Unlocking your data and using AI to make better decisions
    • Why traditional software is becoming obsolete
    • The rise of one- and two-person million-dollar businesses
    • How I’m using AI inside my medical practice
    • Why physicians must understand P&L and balance sheets
    • Ego, mindset, and making the shift into business and investing
    • The role of human oversight in an AI-driven world
    • Where agents and automation are headed next

    This episode is for physicians, entrepreneurs, and anyone who wants to stay ahead of what’s coming—while building systems that create leverage, efficiency, and ultimately, freedom.

    Learn More:
    Visit MedMoneyShow.com for insights on investing, entrepreneurship, and building financial independence.

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    52 mins
  • The Power of Behavioral Finance in Investing
    Mar 31 2026

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    What separates investors who build lasting wealth from those who get derailed by market swings—and how can discipline shape outcomes over decades?

    In this episode of The Medicine and Money Show, Ryan Smolarz sits down with Brian Pultro, a financial advisor with a military background, to break down the role of discipline, behavioral finance, and long-term thinking in investing. Brian shares how the mindset forged in the military translates directly to navigating uncertainty in the markets—and why emotional control often matters more than strategy.

    The conversation explores how investors should think about market downturns—not as threats, but as expected and necessary parts of the cycle. Brian emphasizes the importance of preparing clients psychologically for volatility, helping them stay the course when it matters most. He also explains how simplifying complex financial concepts—like dividends and compounding—can empower individuals to make better decisions and stay engaged with their financial future.

    They dive into risk management, the influence of political and economic shifts on markets, and why a multidisciplinary approach to financial health is essential. A key theme throughout is education—both for clients today and for the next generation—so that financial literacy becomes a foundation, not an afterthought.

    At its core, this episode reinforces a simple truth: success in investing isn’t about predicting the market—it’s about controlling your behavior within it.

    Topics Covered:

    • How military discipline translates into investing success
    • Why behavioral finance drives long-term outcomes
    • Reframing market downturns as opportunities, not threats
    • The importance of emotional control during volatility
    • Simplifying investing concepts like dividends and compounding
    • Risk management and navigating political/economic uncertainty
    • Teaching financial principles to the next generation
    • Building a long-term, disciplined investment strategy
    • Why education is the foundation of financial success
    • Practical ways to stay consistent through market cycles

    This episode is for physicians, investors, and professionals who want to build wealth with clarity, discipline, and a long-term perspective—without being thrown off course by short-term noise.

    Learn More:
    Visit MedMoneyShow.com for insights on investing, entrepreneurship, and building financial independence.

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    50 mins
  • Financial Freedom - Strategies for High Income Earners with Dr Spath
    Mar 29 2026

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    Finding Financial Freedom as a Physician with Dr. Disha Spath

    In this episode of the Medicine and Money Show, we are joined by Dr. Disha Spath, founder of The Frugal Physician, to discuss financial management for doctors. Dr. Spath shares her journey of tackling student loans and learning financial skills, the importance of tracking income and expenses, and investing wisely. She emphasizes the need for medical professionals to understand and utilize tax-advantaged accounts, and provides practical advice on getting started with personal finance. Dr. Spath also talks about the psychological aspects of investing and the significance of having a long-term perspective. This episode is packed with insights and actionable tips to help physicians gain financial freedom. Tune in to learn how you can take control of your finances and secure your future as a medical professional.

    00:00 Financial Freedom - Strategies for High-Income Earners with Dr. Spath
    01:00 Meet Dr. Spath: The Frugal Physician
    02:51 The Journey to Financial Freedom
    06:16 Understanding Financial Advisors and Tax Strategies
    12:37 Real Estate Investing for Physicians
    19:10 Getting Started with Personal Finances
    22:34 Investing Basics and Strategies
    32:15 Navigating Market Fluctuations
    37:08 Final Thoughts and Resources

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    47 mins
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