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News|Articles|September 25, 2024

Is practice ownership for me?

Ashley Randall, DVM, shares her story into practice ownership and provides tips to help others interested in owning their own practice as well

On this week's episode of The Vet Blast Podcast presented by dvm360, Ashley Randall, DVM, founder and CEO of Muse Veterinary Group, explains to our host Adam Christman, DVM, MBA, her journey into practice ownership and founding Muse Veterinary Group. Throughout the episode, Randall shares what is important when considering opening your own practice, because it is not for everyone; what lead her to open her own practice; and the advice she has for future veterinary practice owners.

Below is a partial transcript

Adam Christman, DVM, MBA: The big question is, why? Why practice ownership? And I know this is the question I'm sure you get asked [by] a lot of mentees about, should I do or should I not? And walk me through some of the questions that go through your mind when you decided to take that leap.

Ashley Randall, DVM: I think the question that you just asked is actually the most important question, you know, why? Why do you really want to do this? Because it's not just like the the easiest thing to do. Practice ownership takes a lot of mental fortitude. It takes, it takes some financial leveraging, and it takes a lot of grit, and you have to be flexible and creative, to really be a good practice owner, to be a well rounded practice owner. For me, that answer lies in purpose. I felt like my purpose was to marry these amazing skills that I had a passion for with animals, with my communication skills and really challenge myself to bring veterinary equity to a part of Atlanta that was basically a veterinary desert.

So for me, that question, the answer to that question for individuals, truly lies within what their overall purpose is in life. And I think that you know, the more you ask yourself, kind of what you want in life overall, kind of from a broad spectrum, you will kind of figure out whether or not practice ownership is for you or not.


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