Wow.
Acquiring Minds
Buying to $4m Across 7 Sites in 3 Years
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Yeah, I was in the room, like, wow. It is. And it's. It does it. I want those successes more often than not.
Always.
Obviously, we do get some people that are, like, disgruntled and like, well, you know, you know, they have the need and they don't get to that point, but to see that transition and recognize that a lot of it, like you said, is, you know, it's not. Sometimes, you know, it feels like it's not the most discreet. But there's a. There's a. I don't know. I don't know if it's like an arrogance hurdle…
Like, I need this. And so, yeah, at that point, I realized that there's so many other things that we can, like, neglect. This seems so easy. It seems so easy.
So the experience in Georgia seals the deal for you in terms of the path that you want to go down. How do you find and buy your first practice? What does that look like?
So at that point, I knew that, like I said, I'm gonna start looking for more practices. All the criteria you said, like, I don't need them to be, like, in my backyard. Preferably not drivable either.
Like, flyable the far way as possible. Well, you have to know yourself, right? And you. I also know that, like, I am the person that will.
Can do everything in my mind, at least. Right. And that's probably, like, the. Just not the. The. The way to go. So, yeah. So it needs to be flyable, not drivable.
And I wasn't quite sure to be fully transparent, like, the size of the business. Right. Like, yet I knew how much I had personally that I. If I needed a loan, I could do.
I knew if I needed to buy cash, how much I could do. I understood loans and SBA loans to some extent. I understood. So I just started looking.
But in that process of looking, as I briefly mentioned before, the Narrowness of the industry is that there's only so many people that. That manufacture the actual hearing aids that you need to sell. Right. If somebody has a hearing loss.
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