Dr. Nneka Unachukwu argues that private practices become valuable business assets when they run independently of their owners. She hasn't been present in her practice for 2.5 to 3 years and says it generates over seven figures annually without her involvement.
People say something all the time, which is private practice, are worthless. Like, you can't sell them. Now, if you own your job, that statement is true. But if you build a business asset, it is not true. I have not stepped foot in my private practice in the last two and a half years. We're going on three years. And there is documented evidence that the practice can work with me, that it can bring in over seven figures every year without me. There is documented evidence. So guess what? It is worth something. It's worth a whole lot. Because it is not an entity where if I walk away, it falls apart because I'm not there.
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