Ep 154: How Acquiring a Business Could Unlock Your Next Level of Wealth with Dr. Chiagozie Fawole Part 1

Dr. Chiagozie Fawole is a pediatric anesthesiologist and serial entrepreneur passionate about helping physicians and other high-earning professionals build wealth outside of their clinical careers. Dr. Fawole began her entrepreneurial journey during residency, where she successfully closed her first two real estate deals. She built a portfolio of multifamily apartments, pivoted to luxury short-term rentals during the pandemic, and is currently focused on acquiring local businesses from retiring owners. Through her SavvyDocs platform, Dr. Fawole empowers fellow doctors to create solid alternate income streams through strategic real estate and business acquisitions. With virtual and in-person events, she connects medical professionals with experts and resources that help them navigate the intricacies of different wealth-building ventures . Combining her firsthand experience as both a practicing physician and successful business owner, Dr. Fawole provides practical, actionable guidance for busy healthcare providers looking to achieve financial independence beyond clinical practice. She is based in the suburbs of Syracuse, NY, where she lives with her husband and three girls. Some of the topics we discussed were:How Dr. Fawole began getting into real estate How Dr. Fawole began acquiring businesses Strategies Dr. Fawole learned for acquiring businesses How much profit you could make putting the same 10% money down from a short term rental vs. acquiring a business What the due diligence period looks like before acquiring a business How receiving the profit from acquiring a business is like birthing an elephant And more!Learn more about me or schedule a FREE coaching call:https://www.joyfulsuccessliving.com/ Join the Voices of Women Physicians Facebook Group:https://www.facebook.com/groups/190596326343825/ Connect with Dr. Fawole:To attend the Business Acquisition Bootcamp:savvydocevents.com/catalystlive  To watch the replay of her Backend in a Weekend event, where she showed people how to set up the Backend of their business with funnels and automations:https://savvydocevents.com/backend-in-a-weekend To see her AI Receptionist in action:https://get.appsetter.ai/savetime Other Voices of Women Physicians Episodes with Dr. Chiagozie Fawole: Ep 4: Running a Profitable AirBnB While Long Distance with Dr. Chiagozie Fawole Apple Podcasts:https://podcasts.apple.com/us/podcast/voices-of-women-physicians/id1630624425?i=1000589013743 Spotify:https://open.spotify.com/episode/0VbWd3uPnkUBSOhV4iuHHL?si=vvPiUlW3Sf6AFXZvqYKzFw Ep 23: Profiting From Real Estate Without Owning It with Dr. Chiagozie Fawole Apple Podcast:https://podcasts.apple.com/us/podcast/voices-of-women-physicians/id1630624425?i=1000589013743 Spotify:https://open.spotify.com/episode/7pKM5LMVq0XJuiTjd9veox?si=NeGBEDGHQKeA3vUJolg0Mg