S2E2 - How Dr. Glenn Vo Expanded His Practice to Land a Dream Partnership Deal
Manage episode 493645556 series 3626913
The number one question we get is, “when should you sell?” But maybe a more important one is when should you start planning? Get ready to hear a perfect example of why planning years ahead is the key to securing an amazing deal.
Dr. Glenn Vo, Founder of Nifty Thrifty Dentist and Dental Lifestyles Magazine, remains a part-owner and practicing dentist at Denton Smiles Dentistry. He built this practice from the ground up before selling to MB2 Dental a few years ago. And it’s a pretty sweet deal! But what’s his secret? Planning ahead.
He knew that someday he wanted to sell so he got to work expanding his practice. He shares his story and advice for dentists looking to sell in this episode, along with tips on what he’d do differently if he could go back in time. Even if you’re a brand new practice owner, there’s so much to take away from this episode, because it’s never too early to start thinking of your sale.
In This Episode:
- Glenn’s story of how and why he sold his practice
- How Glenn and his wife expanded the practice’s operations and revenue before selling
- Why you need to be in alignment with the buyer
- The one thing he would’ve done differently
- Why you need to be 100% before assembling your team
- How Glenn’s team reacted to the sale
- How Glenn’s deal opens the door for future financial windfalls
- Why you should plan ahead way before you’re ready to sell
Resources:
- Connect with Glenn on LinkedIn: https://www.linkedin.com/in/drglennvo/
- Nifty Thrifty Dentists: https://niftythriftydentists.com/
- Follow Dental Pitch Brokerage on LinkedIn: https://www.linkedin.com/company/dentalpitch/
- Visit our website: https://dentalpitchbrokerage.com/
- Download The Dental EBITDA Handbook: https://link.dentalpitchbrokerage.com/widget/form/x45Iy9iZhayIriHmfNfb
13 episodes