by Edwin Williams, MD
Physicians have been sold out by the system, and there's no one teaching doctors the business of medicine. Physicians are uniquely set up to fail because, for one, they learn to do it all on their own. But as a small business-minded entrepreneur, Dr. Edwin Williams knows that there's a smarter, more effective way to succeed from the moment grad school is over to the opportunities that follow, like opening profit centers, a surgery center, and a practice. In this podcast, physician entrepreneurs (and future physician entrepreneurs or other professionals) can learn to think like a small business person, develop an organic culture, understand the importance of planning, and acquire with purpose, ultimately turning the road before them into a path to not only success but also happiness. To learn more about Dr. Williams check out his website: https://www.dredwinwilliams.com/podcast
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🇺🇲
Publishing Since
12/17/2019
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April 25, 2025
<p>In this episode, I had a conversation with Dr. James Marotta, who is a dual board-certified facial plastic surgeon based in Long Island, NY. He shares his journey from being a newly trained surgeon to starting his practice.</p><p>“It takes discipline and hard work, but I knew I wanted to go for it.”</p><p>With training from Columbia, SUNY Stony Brook, and Yale, Dr. Marotta brings many great points on entrepreneurship, resilience, and leadership. </p><ul><li>Mistakes made, lessons learned, and the importance of hiring the right people</li><li>"Five Stage Hiring Process" - how culture alignment is critical to scaling your practice </li><li>Insights on the med spa industry and skin rejuvenation markets </li><li>The mindset shit from “perfection” to “progress” in the early stages of opening your practice </li></ul><br/><p>Whether you're just starting to build your practice or looking to scale it, this episode is filled with insights on leadership, growth, and building from scratch.</p><p>Tune in now to discover what it takes. For more information on Dr. Marotta, click here:</p><p><a href="https://marottamd.com/about-us/dr-james-marotta/" rel="noopener noreferrer" target="_blank"><u>https://marottamd.com/about-us/dr-james-marotta/</u></a></p>
April 23, 2025
<p>In this episode of The White Coat Entrepreneur, I had the honor and privilege of having a conversation with Daniel Davis, who is a managing partner at Thurston Group. He is a Marine Corps Veteran, and seasoned private equity professional with over 12 years of experience focused on growth equity investments in the healthcare sector. </p><p>From his early days as an infantry officer serving three combat tours to leading investments in companies, such as Smile Doctors, U.S. Endo Partners, and more. Mr. Davis brings a strategic perspective to partnerships and private equity. </p><p>Here are some key points discussed: </p><ul><li>Understanding what private equity is within the industry </li><li>The Thurston “playbook” focuses on financials, operations, data-driven decisions, and analytics</li><li>Emerging trends in the $19 billion med spa sector that continues to grow at a 15% annual growth rate per year</li><li>Importance of using EBITDA to measure growth for partners and when it’s time to go to market</li><li>Clinical excellence must remain at the forefront of healthcare</li><li>The importance of adding value and having a clear “theme.” In our case, this is Alpha and the med spa industry </li><li>Why picking the right partner is the most critical decision </li></ul><br/><p>“At the end of the day, it’s all about the partnership because that will continue to feed upon itself to get to where it should be. At Thurston Group, our strategy is to partner with the best.”</p><p>Tune in to this episode and discover how the right PE partner can help you scale with purpose, integrity, and impact.</p><p>More information on Daniel Davis<strong>: </strong><a href="https://www.thurstongroup.com/bio/daniel-f.-davis" rel="noopener noreferrer" target="_blank"><strong>https://www.thurstongroup.com/bio/daniel-f.-davis</strong></a></p>
April 11, 2025
<p>“Where deals fall through, is when there is a failure to integrate.”</p><p>In this episode, I had the pleasure of speaking with Stuart Smith, who has over 25 years of experience in investment banking, private equity, and mergers & acquisitions. Stuart brings strategic insights to the conversation for anyone considering private equity. Not only does he have a passion for helping business owners, but also being there as support to navigate complex transitions. </p><p>Our conversation evolved on the growing role of private equity in the aesthetic space, and Stuart shares his framework: “Three Basic Food Groups” that every business owner should consider and be able to answer these questions below. </p><ol><li> Is the business ready for a transition? </li><li> Do you have the right advisors? </li><li> Can you handle the deal? </li></ol><br/><p>Whether you’re thinking about scaling, selling, or partnering, this episode is a must-listen. Personally, I found Stuart as well as other colleagues to be extremely helpful during my own transition. I look forward to sharing this episode with you. </p><p>For more information or to learn more, Stuart is available and can be reached via email. <a href="mailto:[email protected]" rel="noopener noreferrer" target="_blank">[email protected]</a> </p>
Catherine Maley, MBA
Inside Aesthetics
Dr. Jim Dahle of the White Coat Investor
The Daily Wire
American Med Spa Association - AmSpa
Lauryn Bosstick & Michael Bosstick / Dear Media
PBD Podcast
Gary Vaynerchuk
All-In Podcast, LLC
The Wall Street Journal
Dr. Kate Dee
The Motley Fool
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