On July 7, 2007, Dr. Jennifer Dejong established Second Opinion, a medical practice organized as a proprietorship. The following conversation occurred the following January between Dr. Dejong and a former medical school classmate, Dr. James Tomlin, at an American Medical Association convention in Paris.
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Dr. |
Tomlin: |
Jennifer, good to see you again. Why didn’t you call when you were in |
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Chicago? We could have had dinner together. |
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Dr. |
Dejong: |
Actually, I never made it to Chicago this year. My husband and kids went up |
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to our Aspen condo twice, but I got stuck in Boston. I opened a new consulting practice |
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this July and haven’t had any time for myself since. |
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Dr. |
Tomlin: |
I heard about it . . . Second . . . something . . . right? |
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Dr. |
Dejong: |
Yes, Second Opinion. My husband chose the name. |
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Dr. |
Tomlin: |
I’ve thought about doing something like that. Are you making any money? I |
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mean, is it worth your time? |
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Dr. |
Dejong: |
You wouldn’t believe it. I started by opening a bank account with $50,000, |
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and my December bank statement has a balance of $140,000. Not bad for six |
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months—all pure profit. |
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Dr. |
Tomlin: |
Maybe I’ll try it in Chicago! Let’s have breakfast together tomorrow and you |
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can fill me in on the details. |
Comment on Dr. Dejong’s statement that the difference between the opening bank balance ($50,000) and the December statement balance ($140,000) is pure profit.