re: Should I sell my medical practice? New update page 4

Congrats man! You’ve done really well…there’s no reason to check out. Especially since you have acquired the skills necessary to generate positive financial outcomes. It’s fun! Just keep on doing it until something else catches your eye. The days of “retiring” are in the past. Figure out how to create a lifestyle for you and your family while owning the businesses. Majority of that has to do with scaling enough to allow room for delegation to other talented people.

Another thing I’ve learned thru selling companies…cash flow is king. I’d prefer to keep a business that is cash flowing versus selling it for a lump sum. Once it’s sold you lose all the perks that come along with owning the business and now you have to pay out of pocket. This is easier to understand after you’ve sold a business.