Acquiring a Medical Practice as a Physician

0:00What are interesting entrepreneurial areas for a medical student in their last year? Tough, man. Um Very interesting. Um I would probably look at I would honestly get into business as fast as I possibly could. Um I'm giving you the real answer. And I would because the thing is is your medical license does afford you a bunch of uh benefits. So, I think uh the peptide space is really interesting. I think HRT and telemedicine is very interesting. Um I would look at acquiring businesses that require um a physician in order to own them. And there are businesses that are like that.

0:35Um those are things that I would look at doing. And if you're like, "Well, how would I acquire business? I'm poor." Don't worry about it because one, there's tons of lenders for medical students. And number two, there's tons of doctors who are tired and want to retire and are willing to give you their entire practices for nothing. Just for you to take over take it over and take care of their patients. For real. They just A lot of them don't want to sell to PE because PEs are going to make them work for another 5 years. And they don't want to do it. And they don't want to have a boss. And so, if you could just like get a semi-apprentice with them, they'll do it with you. If you are a business owner and you are not growing as fast as you'd like, I'd like to give you a free gift. So, my team and I put together the $100 million scaling roadmap, which is basically 200 hours of us looking over all the portfolio companies we've had and what stages of growth they went through. And more importantly, where they got stuck and how they got past it. And so, we broke it into these 10 stages and we made this little kind of quiz thing where if you put in your business information, it'll tell you where you're at. And the most important part for you, what to do for each of functions of the business across product, marketing, sales, customer success, recruiting, IT, human resources, and finance. And so, no matter what you're struggling with, someone else has already struggled with it and solved it. And so, I'd like to give you this thing absolutely free. You can go to acquisitions.com/roadmap, plug in your business information, and if you want us to actually help you deconstruct the business and you're trying to scale, we'd love to help you out. On the thank you page, you can book a call with my team and we will look at the business, see if we can help, and if we can, we'll invite you out to Vegas and we'll do this in person live.