Michael Pote's guest appearances

Michael Pote

Bazı Sahalar

20/20 MONEY

Mark Cuban

Dave Ramsey

Travis Hornsby

Victor Oladipo

Phil Huber

Peter Lazaroff

Chris Wolfe

Jay Cutler

Justin Manning

Rick Pitino

Dave Goetsch

Tom Thibodeau

Kent Godfrey

Damian Lillard

Greg Crabtree

OwlTail

Growth Cooperative

Welcome to another episode of 20/20 Money! My guest on today’s show is Michael Pote.   Michael has been on the show before (you can check out those conversations by clicking  here for Part I and  here for Part II) to talk about selling your practice to private equity and I wanted to have him back on the show for a couple of reasons as I’ve found myself personally having more conversations and doing more planning with clients that are soon to be or in the midst of selling to a private equity firm. Michael’s had a storied career in the optometry profession and has spent the last 4+ years helping ODs understand and navigate the process of selling to a private equity firm, notably not being tied to any one firm but rather helping the OD find the best deal for their practice.   In this conversation we talk about what ODs get right and wrong about their financials prior to the sale of their practice, a current “state of the market” as it relates to PE deals and his best guess as to the state of the private equity cycle, the range of adjusted EBIDTA multiples he’s seen in recent deals (hint: it’s gone up), and the importance of ensuring you not only have a business plan, but a personal plan for how you’ll exit from your practice.   As a reminder, you can get all the information discussed in today’s conversation by visiting our website at integratedpwm.com and clicking on the Learning Center. While there, you can also set up a 20-30min Triage conversation to learn a little bit more about how we help ODs around the country reduce their tax bill, manage cash flow, and make proactive money decisions or check out any number of additional free resources like our eBooks and on-demand webinars.   And with that introduction, I hope you enjoy my conversation with Michael Pote.   The Growth Co-op  Consolidation eBook  Getting the Most Out of Your Practice Sale eBook  20/20 Money #55: Contemplating a PE Exit—The Story of Dr. Ken Krivacic, OD  ————————————————————————————— Please rate and subscribe to 20/20 Money on these platforms  Apple Podcasts  Spotify Google Podcasts Stitcher   ————————————————————————————— For past episodes of 20/20 Money with full companion show notes, please check out our episode archive here!

Welcome to another episode of 20/20 Money! My guest on today’s show is <a href="https://www.linkedin.com/in/michael-pote-1780746/" rel="nofollow" target="_blank">Michael Pote</a>. Michael has been on the show before (you can check out those conversations by clicking <a href="https://integratedpwm.com/so-you-want-to-sell-your-practice-with-michael-pote-ceo-of-the-growth-cooperative/" rel="nofollow" target="_blank"> here for Part I</a> and <a href="https://integratedpwm.com/understanding-private-equity-in-optometric-practice-sales-with-michael-pote-ceo-of-the-growth-cooperative/" rel="nofollow" target="_blank"> here for Part II</a>) to talk about selling your practice to private equity and I wanted to have him back on the show for a couple of reasons as I’ve found myself personally having more conversations and doing more planning with clients that are soon to be or in the midst of selling to a private equity firm. Michael’s had a storied career in the optometry profession and has spent the last 4+ years helping ODs understand and navigate the process of selling to a private equity firm, notably not being tied to any one firm but rather helping the OD find the best deal for their practice. In this conversation we talk about what ODs get right and wrong about their financials prior to the sale of their practice, a current “state of the market” as it relates to PE deals and his best guess as to the state of the private equity cycle, the range of adjusted EBIDTA multiples he’s seen in recent deals (hint: it’s gone up), and the importance of ensuring you not only have a business plan, but a personal plan for how you’ll exit from your practice. As a reminder, you can get all the information discussed in today’s conversation by visiting our website at <a href="http://www.integratedpwm.com/" rel="nofollow" target="_blank">integratedpwm.com</a> and clicking on the Learning Center. While there, you can also <a href="https://integratedpwm.as.me/?appointmentType=1713824" rel="nofollow" target="_blank">set up a 20-30min Triage conversation</a> to learn a little bit more about how we help ODs around the country reduce their tax bill, manage cash flow, and make proactive money decisions or check out any number of additional free resources like our eBooks and on-demand webinars. And with that introduction, I hope you enjoy my conversation with Michael Pote. <a href="https://growthco-op.com/" rel="nofollow" target="_blank">The Growth Co-op</a> <a href="https://growthco-op.com/wp-content/uploads/Consolidation-2020.pdf" rel="nofollow" target="_blank"> Consolidation eBook</a> <a href="https://growthco-op.com/wp-content/uploads/Practice-Sale-ebook-v2.1.pdf" rel="nofollow" target="_blank"> Getting the Most Out of Your Practice Sale eBook</a> <a href="https://integratedpwm.com/20-20-money-episode-55-contemplating-a-private-equity-funded-exit-the-story-of-dr-ken-krivacic-od/" rel="nofollow" target="_blank"> 20/20 Money #55: Contemplating a PE Exit—The Story of Dr. Ken Krivacic, OD</a> ————————————————————————————— Please rate and subscribe to 20/20 Money on these platforms <a href="https://itunes.apple.com/us/podcast/the-dose-podcast/id1438352481?mt=2" rel="nofollow" target="_blank"> Apple Podcasts</a> <a href="https://open.spotify.com/show/44jE3DxOjZQPok0H9D2jw3?si=7fhsalltRqGlwEbVqYnAQA" rel="nofollow" target="_blank"> Spotify</a> <a href="https://bit.ly/32qkOHJ" rel="nofollow" target="_blank">Google Podcasts</a> <a href="https://www.stitcher.com/s?fid=245757&amp;refid=stpr" rel="nofollow" target="_blank">Stitcher </a> ————————————————————————————— For past episodes of 20/20 Money with full companion show notes, please check out our <a href="https://integratedpwm.com/learningcenter/?cat=podcast" rel="nofollow" target="_blank">episode archive here!</a>

Private equity and optometry: a 2021 update with Michael Pote with Growth Cooperative

2018-2019 sezonu STSL ödüllerini dağıttık, küme düşen Bursaspor'a ve Ümit Özat-Michael Pote mevzusuna da ufaktan değindik. Keyifli dinlemeler!

2018-2019 sezonu STSL ödüllerini dağıttık, küme düşen Bursaspor'a ve Ümit Özat-Michael Pote mevzusuna da ufaktan değindik. Keyifli dinlemeler!

İç Sahalar | #31 - Sezon Sonu Ödülleri, Bursaspor, Ümit Özat - Michael Pote

This is part two of my conversation with Michael Pote of The Growth Cooperative. In this conversation we talk about the role that private equity has played in the transition and succession planning of optometry practices over the past couple of years. In this episode we discuss:    What private equity is, how it works and a couple of different ways in which private equity is different than a traditional clinical buyer of your practice such as one of your associates, another optometrist in the same town, etc. The unique attributes private equity has when purchasing your practice and the two different type of private equity models and how those models dictate the valuation that doctor will receive Why most private equity valuations are higher than most offers you would receive from other optometrists, and why private equity firms are able to offer those offers The importance of making sure your personal financial plans are in order so the process of selling your practice will be much less intimidating and emotional.    ——————————————————————————————————————— Please rate and subscribe to The Dose on these platforms  Apple Podcasts  Spotify  Google Play Stitcher   ——————————————————————————————————————— For past episodes of The Dose with full companion show notes, please check out our episode archive here!

This is part two of my conversation with Michael Pote of The Growth Cooperative. In this conversation we talk about the role that private equity has played in the transition and succession planning of optometry practices over the past couple of years. In this episode we discuss: <ul> <li>What private equity is, how it works and a couple of different ways in which private equity is different than a traditional clinical buyer of your practice such as one of your associates, another optometrist in the same town, etc.</li> <li>The unique attributes private equity has when purchasing your practice and the two different type of private equity models and how those models dictate the valuation that doctor will receive</li> <li>Why most private equity valuations are higher than most offers you would receive from other optometrists, and why private equity firms are able to offer those offers</li> <li>The importance of making sure your personal financial plans are in order so the process of selling your practice will be much less intimidating and emotional.</li> </ul> ——————————————————————————————————————— Please rate and subscribe to The Dose on these platforms <a href="https://itunes.apple.com/us/podcast/the-dose-podcast/id1438352481?mt=2" rel="nofollow" target="_blank"> Apple Podcasts</a> <a href="https://open.spotify.com/show/44jE3DxOjZQPok0H9D2jw3?si=7fhsalltRqGlwEbVqYnAQA" rel="nofollow" target="_blank"> Spotify</a> <a href="https://play.google.com/music/m/Iaml3vefwijqtlqob4dcuk3vtya?t=The_Dose_Podcast" rel="nofollow" target="_blank"> Google Play</a> <a href="https://www.stitcher.com/s?fid=245757&amp;refid=stpr" rel="nofollow" target="_blank">Stitcher </a> ——————————————————————————————————————— For past episodes of The Dose with full companion show notes, please check out our <a href="https://adoseoffinancialcents.com/podcast/episodes/" rel="nofollow" target="_blank">episode archive here!</a>

Understanding Private Equity in Optometric Practice Sales with Michael Pote, CEO of The Growth Cooperative