• 2 Years to Buy, Double & Exit a Medical Billing Firm

  • Oct 24 2024
  • Length: 1 hr and 27 mins
  • Podcast

2 Years to Buy, Double & Exit a Medical Billing Firm

  • Summary

  • Register for the webinars:

    • Cap Tables 101: How Capital Structure Works When Buying a Business - Thu Oct 24 - https://bit.ly/3UihUQG

    • How to Run a 2-Year Search in 2 Months - Friday Nov 1 - https://bit.ly/3UfYJqz


    Nik Hulewsky bought a $3.2m medical billing company during peak Covid, anticipating a surge in demand. He was right.

    Topics in Nik’s interview:

    • Tragedy that ignited his passion for hospice
    • Losing his job while his wife was in labor
    • Searching for a business to fit his skillset
    • Industry is more important than business
    • Margins in home health
    • Calculating return on brain damage
    • Learning firsthand about the J curve
    • Importance of relationship with the seller
    • Being in business with his brother-in-law
    • Advice for young entrepreneurs

    References and how to contact Nik:

    • Twitter
    • Cofounders.com
    • Nikonomics

    Get a free review of your books & financial ops from System Six (a $500 value):

    • Book a call with Tim or email hello@systemsix.com and mention Acquiring Minds

    Get a complimentary IT audit of your target business:

    • Email Nick Akers at nick@inzotechnologies.com (and tell him you’re a searcher)

    Work with an SBA broker who focuses exclusively on helping entrepreneurs buy businesses:

    • Matthias Smith of Pioneer Capital Advisory

    Connect with Acquiring Minds:

    • See past + future interviews on the YouTube channel
    • Connect with host Will Smith on LinkedIn
    • Follow Will on Twitter
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