NexChapter
Unfiltered wisdom from post exit founders
From “Possum Practice” Nobody Wanted to a Deal Everyone Wanted a Bite Of

Michael is a great contradiction. On the surface, he has that Aussie ease and confidence, the relaxed delivery, the banter, the “she’ll be right” vibe. But underneath it you can feel a slow thinking intensity, a real internal engine, and a kind of nerdy obsession with getting things right. Not performative hustle. More like quiet determination.

What I loved about this story is that it is a reminder that the best business opportunities are often the ones other people ignore. Michael bought a dental practice that nobody wanted. A proper fixer-upper. A place with problems, not glaring potential, at least not to the casual observer.

But he saw what it could become, and he did something that sounds simple but is actually very hard. He committed to making one local practice the best in its universe rather than chasing the standard playbook of duplicating sites and rolling out a mini empire.

I love a niche play. And this niche idea stayed with me. The best practice is his local universe. It is not global domination. It is not scale for the sake of scale. It is winning the postcode with absolute clarity, and building a reputation so strong that the business becomes the obvious choice. In a mature industry, that is a serious advantage.

A big inflection point was his willingness to get out of his own way. 'Coming off the tools', and moving toward the light of business as he said. Choosing to build the asset rather than be the asset.

That is where so many founders struggle, because ego gets involved. You start believing the business is you, or you start believing nobody can do it as well as you. Michael was very clear on this. Park the ego, hire great people, build something that works without you.

The other piece that struck me is how modern his thinking was about growth. Dentistry is not exactly Silicon Valley. Yet he understood that digital trust signals are everything now. Google reviews. Reputation. The online version of word of mouth. He treated that like a flywheel, and it helped him dominate locally in a way that most traditional practices still do not fully understand.

Then we get to the part that so many founders relate to. At some point, the joy can get replaced by fixing. You stop building and start patching. Stress creeps in, then becomes normal, and you forget what it feels like to operate without carrying everything.

Michael was honest about the emotional toll, and you could hear the clarity that comes when someone realises the cost is no longer worth it.

The exit itself was classic entrepreneur energy. Where I'm from in Newcastle, England, we say: "Shy bairns get nout." You don't ask, you don't get.

And Michael did not sit back and hope. He was proactive. He went out and created the interest, spoke to buyers, and understood what made the asset so attractive. Strong cash flow. Turn key operations. Low key person risk. A 10 chair clinic that could keep running without the founder. That is a very different proposition from a practice that falls over if the principal clinician takes a week off.

I also loved his line about how keeping him would be a pain for the buyer. It is funny, but it is also a signal of confidence. He built something that could stand alone, and he was ready to walk away on day one.

Now he is in that post exit space that I find endlessly fascinating. Taking his time. Exploring. Saying no. Waiting to fall in love with the next thing rather than forcing it. That takes discipline, especially for someone wired for intensity.

The thread through all of this is simple. Hard problems. Meaningful work. Real interest. Michael does not want busy. He wants a challenge that is worth obsessing over.

And that, honestly, is a pretty good filter for the nex-chapter.