Ep 122: Before You Take On A GP Partner, Check These Four Things

Most Practice Owners don't decide they need a partner, then go looking for the right one.Someone asks to buy in.And suddenly the question becomes, “Should I say yes?”That's where things can go sideways.Because taking on a partner isn't just selling equity. You're giving someone access to risk, decision-making, profit, and the future value of the business.In this episode, Todd and Sachin share the four things they look at before bringing someone into ownership, why similarity is often overrated, and how to test a potential partner before you're locked in together.What you'll get from this episode:The four things you're really giving away when you sell equity in your PracticeWhy a partner who thinks exactly like you can be a liability, not an advantageHow to test disagreement, temperament and decision-making before you commitWhy selling equity for cash can be far more expensive than borrowing moneyWhat happens when one Owner drives the growth and everyone else shares the upsideResources MentionedWhy GP Partnerships Fall Apart (And How To Fix Them)How a Junior GP Chose the Right Practice to Buy Into.....Connect with Todd: LinkedInConnect with Sachin: LinkedIn.....P.S. Whenever you're ready, here are three ways we can help you grow your General Practice without burning out:1. Get the Blueprint: Watch the free Practice Success Blueprint Training, the proven roadmap Owners use to grow profit, reclaim time, build trusted teams, and protect legacy. Watch Training Now2. Sharpen Your Skills: Join one of our regular live workshops. Practical, proven tactics for recruitment, team performance, and profit tailored to Owners juggling it all. Register Here3. Ask Your Toughest Practice Question: Post your toughest Practice question in the SGPO Facebook Group and get answers from us + 1,000 Owners who 'get it.' Click Here.....P.S. Whenever you're ready, here are three ways we can help you grow your General Practice without burning out:1. Get the Blueprint: Watch the free Practice Success Blueprint Training, the proven roadmap Owners use to grow profit, reclaim time, build trusted teams, and protect legacy. Watch Training Now2. Sharpen Your Skills: Join one of our regular live workshops. Practical, proven tactics for recruitment, team performance, and profit tailored to Owners juggling it all. Click to Register3. Ask Your Toughest Practice Question: Post your toughest Practice question in the SGPO Facebook Group and get answers from us + 1,000 Owners who 'get it.' Click here