The White Coat Entrepreneur

Edwin Williams, MD
The White Coat Entrepreneur

Physicians have been sold out by the system, and there's no one teaching doctors the business of medicine. Physicians are uniquely set up to fail because, for one, they learn to do it all on their own. But as a small business-minded entrepreneur, Dr. Edwin Williams knows that there's a smarter, more effective way to succeed from the moment grad school is over to the opportunities that follow, like opening profit centers, a surgery center, and a practice. In this podcast, physician entrepreneurs (and future physician entrepreneurs or other professionals) can learn to think like a small business person, develop an organic culture, understand the importance of planning, and acquire with purpose, ultimately turning the road before them into a path to not only success but also happiness. To learn more about Dr. Williams check out his website: https://www.dredwinwilliams.com/podcast

  1. 5D AGO

    Behind the Numbers: How to Grow and Scale your Medical Spa from a CFO’s Perspective

    I had the pleasure of interviewing Christin Trujillo, entrepreneur, finance expert, and author of Med Spa Profitability, a book I’ve personally read and highly recommend.  Christin’s story is both inspiring and instructive. After years in the finance world, she launched her own business called Maven Financial Partners. She shares her journey from corporate finance to becoming a CFO for hire. Today, she works with medical spas and entrepreneurs across the country. Her mission is to help business owners get their operations in order, to scale smartly, and prepare for a future exit or sale. As she mentioned, "any business worth having is worth planning your succession—otherwise, it’s a lifestyle.” That insight alone is worth sitting with, especially for those who are so focused on growth that they haven’t considered what comes next. What I appreciated most in our conversation was her honesty. She doesn’t just offer highlights, she shares the real challenges, obstacles, and growing pains that come with scaling a business in medical aesthetics. Her advice is grounded in experience and her passion for helping others succeed.  Whether you are just starting, in the middle of growing your practice, or thinking ahead to the future of your business, Christin brings clarity to the process and helps make financial strategy feel less overwhelming and more empowering. To learn more or get in touch with Christin Trujillo, explore the links below: Blog Post: https://www.dredwinwilliams.com/post/behind-the-numbers-how-to-grow-and-scale-your-medical-spa-from-a-cfo-s-perspective About Christin: https://www.mavenfp.com/team/christin-trujillo To purchase her book: https://www.amazon.com/Med-Spa-Profitability-Profitable-Doing/dp/B0DVCC9T9G Contact Maven Financial Partners: https://www.mavenfp.com/contact-us

    44 min
  2. APR 23

    Scaling with Purpose: Daniel Davis on Private Equity Partnerships at Thurston Group

    In this episode of The White Coat Entrepreneur, I had the honor and privilege of having a conversation with Daniel Davis, who is a managing partner at Thurston Group. He is a Marine Corps Veteran, and seasoned private equity professional with over 12 years of experience focused on growth equity investments in the healthcare sector.  From his early days as an infantry officer serving three combat tours to leading investments in companies, such as Smile Doctors, U.S. Endo Partners, and more. Mr. Davis brings a strategic perspective to partnerships and private equity.  Here are some key points discussed:  Understanding what private equity is within the industry The Thurston “playbook” focuses on financials, operations, data-driven decisions, and analyticsEmerging trends in the $19 billion med spa sector that continues to grow at a 15% annual growth rate per yearImportance of using EBITDA to measure growth for partners and when it’s time to go to marketClinical excellence must remain at the forefront of healthcareThe importance of adding value and having a clear “theme.” In our case, this is Alpha and the med spa industry Why picking the right partner is the most critical decision  “At the end of the day, it’s all about the partnership because that will continue to feed upon itself to get to where it should be. At Thurston Group, our strategy is to partner with the best.” Tune in to this episode and discover how the right PE partner can help you scale with purpose, integrity, and impact. More information on Daniel Davis: https://www.thurstongroup.com/bio/daniel-f.-davis

    45 min

Ratings & Reviews

5
out of 5
15 Ratings

About

Physicians have been sold out by the system, and there's no one teaching doctors the business of medicine. Physicians are uniquely set up to fail because, for one, they learn to do it all on their own. But as a small business-minded entrepreneur, Dr. Edwin Williams knows that there's a smarter, more effective way to succeed from the moment grad school is over to the opportunities that follow, like opening profit centers, a surgery center, and a practice. In this podcast, physician entrepreneurs (and future physician entrepreneurs or other professionals) can learn to think like a small business person, develop an organic culture, understand the importance of planning, and acquire with purpose, ultimately turning the road before them into a path to not only success but also happiness. To learn more about Dr. Williams check out his website: https://www.dredwinwilliams.com/podcast

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