Building by Buying - Scaling Through Acquisition with Sahil Dosaj, OD

In this episode, I sit down with Dr. Sahil Dosaj, owner of Miller Optometry in Yucaipa, CA, to share his experience in buying another practice to scale his business. Key Takeaways:The opportunity to scale can come along at any time. Be prepared and ready in your current practice location(s) to be able to say yes when the opportunity presents. Buying a practice means acquiring an established brand that has the opportunity to grow. It's important to recognize the value of the brand (good or bad) and leverage it or change it appropriately. Success in acquisition means having standardized processes strong enough that you implement them in the second business. Take into account what that location does well, but replicate the processes you have established. Be flexible enough to evolve and grow but replicate at the same time. Replication also involves the culture. Acquiring a business can mean acquiring great people and other times, it means people who won't get on board with the direction you're headed. Don't be afraid to let people go who aren't aligned with your mission, vision, and values.What Sahil is reading:The Great Game of Business by Jack StackThink Like a Monk by Jay ShettyAre you joining us for the PECAA Annual Meeting 4/20 to 4/22 in Nashville, TN?? If you don't want to miss out, learn more at https://www.pecaa.com/nationalmemberevents.