Key Points From the Interview
ne type of business I bet you haven't considered buying:
A dental savings plan.
Zach Smith bought a business that has paying members, the consumers, on one side.
On the other are the dentists who agree to serve its members at a discounted rate.
Zach saw it as fundamentally a marketplace business, which he knew something about after having worked at Uber for 7 years.
Good business-buyer fit.
Zach also saw downside protection.
The business is actually on the decline, so a turnaround.
But listen for Zach's risk analysis, where he concludes that even if he's unable to arrest the decline, he'll at the very least get his money back.
A conclusion that gave him the comfort necessary to buy the 30-year-old business.
His analysis also showed that if he could get the business growing again, even by a little, he stood to do quite well.
How's it going?
Listen to find out. Here's Zach Smith, owner of American Dental Care Partners.
[00:00:00 - 00:02:30]
What about this? Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla, ut commodo diam libero vitae erat. Aenean faucibus nibh et justo cursus id rutrum lorem imperdiet. Nunc ut sem vitae risus tristique posuere.