Episode #33 - It's Not Private Equity, It's Partnership with Daniel Schacter

Making a (Multi) Million Dollar MedSpa

Feb 21 2024 • 46 mins

In today's episode, Kathy engages  with Dan Schacter, the CEO of Cosmetic Physician Partners (CPP). Dan, with his extensive background in accounting and finance, coupled with a wealth of entrepreneurial experience, shares invaluable insights garnered over the years.
The episode explores the influential figures who shaped Dan's journey and delves into the establishment and purpose of CPP. From advantages of scale to partnership incentives, Dan provides a unique perspective on its role versus private equity. The conversation deepens as they discuss essential questions to ask when considering a clinic sale or private equity involvement. No matter where you're at with your own clinic, this is an exceptional episode to learn more about the industry.

In today's discussion:
• Influential people and mentors
• The path to success
• CPP: what it is, what it's not, and how it supports clinics
• Questions to ask when considering private equity
• True partnership
• Looking out for the interests of your team
• Must have tools for clinics
• Protecting against hacking

Links from this episode:
Cosmetic Physician Partners
Nominate Someone for Clinics To Watch

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