Chapter
Investing in Dental Practices
05:04 - 09:50 (04:46)
The strategy of buying small and fragmented dental practices that are generating two million dollars of revenue and investing in them for a million dollars is a good investment strategy nowadays.
Clips
A new company has entered the drone window washing market, with robots that look like elevators which can clean windows instead of people.
05:04 - 06:00 (00:56)
Summary
A new company has entered the drone window washing market, with robots that look like elevators which can clean windows instead of people. While not technically drones, these unmanned vehicles are a new innovation in the window washing industry.
ChapterInvesting in Dental Practices
Episode#47 - Robot Lawyers, Pay to Lose Weight & Prudent vs. Wild Card Managers
PodcastMy First Million
The industry of window washing in New York seems to be fragmented with small businesses, and private equity firms could potentially aggregate and acquire these businesses.
06:00 - 07:11 (01:10)
Summary
The industry of window washing in New York seems to be fragmented with small businesses, and private equity firms could potentially aggregate and acquire these businesses. This could be similar to how Brian from 1-800-GOT-JUNK started aggregating small, local players in the hauling business.
ChapterInvesting in Dental Practices
Episode#47 - Robot Lawyers, Pay to Lose Weight & Prudent vs. Wild Card Managers
PodcastMy First Million
The roll-up strategy involves acquiring an established dental practice from a retiring dentist for a lower price than its yearly revenue and eventually consolidating it with other acquired practices to create a larger business.
07:11 - 09:50 (02:39)
Summary
The roll-up strategy involves acquiring an established dental practice from a retiring dentist for a lower price than its yearly revenue and eventually consolidating it with other acquired practices to create a larger business.