Why Private Equity Fails — with Edwin Williams, MD (Ep. 246)

Beauty and the Biz

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Hello, and welcome to Beauty and the Biz where we'll talk about the why and how private equity fails. To be sure, we'll also discuss the business and marketing side of plastic surgery, in general

Indeed, I’m your host, Catherine Maley, author of “Your Aesthetic Practice – What your patients are saying”. Also, I'm a consultant to plastic surgeons, to get them more patients and more profits.

Presenting today’s episode titled, “Why Private Equity Fails — with Edwin Williams, MD”. Without a doubt, the intersection of plastic surgery and private equity is growing in popularity, but it presents both opportunities and challenges. Specifically, to delve deeper into the nuances of private equity within our industry, I asked Dr. Edwin Williams, a distinguished facial plastic surgeon with decades of leadership and businessl experience, to come back onto the Beauty and the Biz podcast to share his invaluable insights and advice.

In summary, Dr. Williams has become somewhat of an expert on PE after interviewing 20 PE firms personally to position his own practice for a transition.

Overall, here’s what we covered:

• Firstly, Why they fail: To be sure, Dr. Williams shares candid observations on the common pitfalls that lead to the failure of private equity ventures in plastic surgery practices.
• Secondly, Navigating complexities: Additionally, from financial intricacies to maintaining practice autonomy, we talked about the multifaceted challenges that come with the merging of private equity firms and privately-run practices.
• Thirdly, Keys to success: Moreover, drawing from his own experiences, Dr. Williams offers practical advice and strategic approaches for plastic surgeons aiming to navigate the private equity landscape successfully.

Undeniably, It takes years of planning to set yourself up for your own profitable so these PE pearls will help. Visit Dr. William’s website

Enjoy!

Catherine Maley, MBA

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Catherine Maley, MBA:

Everybody that’s going to wrap it up for us today on Beauty and the Biz.

If you have any questions or feedback for me, you can go ahead and leave them at my website at www.CatherineMaley.com, or you can certainly DM me on Instagram @CatherineMaleyMBA.

If you’ve enjoyed this episode on Beauty and the Biz, please head over to Apple Podcasts and give me a review and subscribe to Beauty and the Biz so, you don’t miss any episodes. And of course, please share this with your staff and colleagues.

And we will talk to you again soon. Take care.

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