A doctor turned property developer explains how he moved into buying businesses, starting with deals generating at least £1M a year with existing management teams. He sees property as the gateway that made business acquisition possible, and discusses the real risks involved.
You wanted businesses that were generating at least a million pounds a year and had a certain number of employees. So you wanted to make sure you weren't buying a job. I need to buy a business where there was a managing team in place. And you are going to buy some OT physio place as well. So you've gone from a doctor to property developer to a business buyer. So I've met a lot of doctors who are obviously in clinical medicine. I've met a lot of doctors who are in property. Some of them are in my audience. I. I don't think we have that many doctors buying businesses. So can you give us your progression, Sort of like a master class how you got to that point?
Well, so we'll come on to onto the. The businesses because there's some big lessons there as well, which is kind of. I really. I'm really keen on people knowing that it's not glitz, glamour and easy and there's risk involved. And I want to talk a little bit about that, if you don't mind, please. But the property was the gateway.
