432 - How to Buy, Build and Sell your Healthcare Practice with Dr Michael Filosi
In this episode, Dr Michael Filosi shares the remarkable journey of transforming one of Adelaide's most run-down dental practices, with possums in the roof, outdated paper appointment books and years of neglect, into one of its largest and most successful practices. Where others looked and said no, Michael could see the future potential.
We also discuss:
We also discuss:
- The importance of buying into a business the right way; that's any healthcare business.
- Not being greedy when you buy and when you sell.
- Creating systems that you can scale
- Building a high-performing team that believes in your vision.
- Removing yourself as the key person in the business.
- Why every practice owner should be thinking about their exit strategy long before they plan to sell.
Whether you're considering buying your first practice, expanding your current business or preparing for an eventual exit in the next five or ten years, this conversation is packed with practical advice that applies to every podiatrist and healthcare business owner.
Michael's story proves that success isn't about finding the perfect practice. It's about recognising potential, making smart decisions and having the courage to build something extraordinary.
Additional show notes for this episode are available on the Podiatry Legends Podcast website.
If you're thinking about selling your practice in the next few years, let me help you increase its value. Visit my website https://www.tysonfranklin.com/coaching/, or you may just want to make more money and work fewer hours. I can help you with that as well.
Michael's story proves that success isn't about finding the perfect practice. It's about recognising potential, making smart decisions and having the courage to build something extraordinary.
Additional show notes for this episode are available on the Podiatry Legends Podcast website.
If you're thinking about selling your practice in the next few years, let me help you increase its value. Visit my website https://www.tysonfranklin.com/coaching/, or you may just want to make more money and work fewer hours. I can help you with that as well.
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