Ep 114: How to Unlock a Practice Your Partners Won't Grow
About this episode
This episode discusses strategies for partners in multi-owner practices to unlock growth potential when some partners are complacent.
Some multi-owner Practices have partners who are comfortable with what they've built and have no interest in what it could become. They show up, collect their share, and defer every decision to the practice manager. If you're the partner who can see exactly what the Practice could become while the others collect a cheque, this episode is about how you change that. This isn't just a stuck Practice. It's a wealth event no one is turning up to collect. What You'll Get From This Episode Why going from 25% to 15% might be the best financial move you ever make as a passive senior partner, and why Todd says the math almost always works in your favour Todd's one obligation for passive senior partners who want the upside: exactly what they must commit to and exactly what they must stop doing The Planet Saturn Practice: why a business with 20-plus years in the community has more upside than a greenfield start-up, and why the junior partner showing up is a gift to everyone at the table Why you should set a hard time limit on stuck-partner conversations, and what you put on the table when nothing has moved in six months The doctor who sold her stake for $1, built a Practice worth over $3M…
People in this episode
Hosts: Dr. Sachin Patel, Dr. Todd Cameron
Mentioned in this episode
Organizations: Scale My Clinic
More episodes of Scale My Clinic
- Ep 113: Your Crusty Accountant Is Killing Your Exit
- Ep 112: The Cost of Not Yet
- Ep 111: The Chaos Coordinator Badge
- Ep 110: The Paying Tenant Trap: What to Charge for Spare Rooms
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