Feb. 6, 2024

239 - The Secret of the Golden Goose

239 - The Secret of the Golden Goose

In this episode, you'll discover:

  • Understand the 3 ways to exit and the outstanding one that laid the golden egg 
  • Increase the asset value of your business now by integrating value drivers. 
  • Make your practice not only more attractive but irresistible! 

Episode Highlights

02:04 - The emotional and challenging meeting that inspired this discussion on the "golden goose" and "golden egg."

04:15 - The importance of considering each season holistically, with an eye on the end goal of exiting successfully.

08:40 - Uncovering your true motivations by asking yourself the key question “Why do you want to sell your practice?”

12:20 - Transforming a chiropractic practice from a job to a business, can lead to increased value and appreciation over time.

16:25 - Every doctor should aim to build a business that other people will compete to buy, with the goal of achieving financial freedom and a successful career.

20:34 - Identifying and focusing on value drivers to increase the value of a business.

23:44 - Insights on how to scale a chiropractic practice and make it attractive to potential buyers, with a focus on creating a business that people would compete to buy.

 

Resources Mentioned

To download your copy of the Value Drivers Checklist, please click here: https://theremarkablepractice.com/podcast-ep239-valuedrivers

To learn more about the REM CEO Program, please visit:  http://www.theremarkablepractice.com/rem-ceo

Build your dream team with Chiro Match Makers. Learn more at https://chiromatchmakers.com/

Schedule a Brainstorming call with Dr. Pete

Dr. Stephen’s LinkedIn

Dr. Peter’s LinkedIn

The Remarkable CEO Website

Dr. Stephen’s Book – The Remarkable Practice: The Definitive Guide to Build a Thriving Chiropractic Business