What Selling My Practice in 2017 Actually Taught Me
I spent eight years becoming a doctor. Four years of biomedical science, four of chiropractic school. Then five years building Simple Truth Chiropractic from an empty room into a full practice. In 2017 I handed a stranger the keys and walked away.
People assume an exit feels like a victory lap. It mostly feels strange. The thing that structured every day of your life is suddenly someone else's, and the identity goes with it. I was not just selling a business. I was retiring the word doctor from my daily life, after it had cost me nearly a decade to earn.
Here is what the sale actually taught me.
Income and equity are different species of money. The practice paid me well for years, but every dollar required me to be physically present. The sale check was the first money I ever received for a system rather than for my hours. Same business. Completely different kind of money. Once you feel that difference you cannot unfeel it, and it reorganizes every career decision you make afterward.
The sellable version of a business is the boring version. What the buyer paid for was not my hands or my reputation. It was documented systems: how patients were scheduled, treated, retained, and reactivated, and the proof the machine ran without me. Every hour I had spent writing boring procedures turned out to be the most valuable work I did. If your business dies when you take two weeks off, you do not own a business. You own a job with extra liability.
You will underestimate the emotional tail. For months after the sale I would drive past the building and feel something I did not have a word for. Pride and grief at the same time. Nobody warns you about that part. Build in something to move toward, not just something to leave, or the exit hole will swallow you.
And the money is a test, not a reward. Exit money arrives exactly when you are most confident and least experienced at managing a windfall. Some of mine went to good places. Some of it went to the crypto years, and that education cost extra. If I could speak to 2017 me, I would say: park it, wait a year, and let the identity settle before the capital moves.
Would I do it again? Every time. Not because the practice was bad, because the person who built it had already left, and the business deserved an owner who was still in love with it.
If you are building something now, build it sellable even if you never sell. The discipline that makes a business sellable is the same discipline that makes it good.
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