How does owning a practice impact the future of veterinary medicine? What does it take to build, sell, and even start over again? In this episode of The Veterinary Insider Podcast, host Dr. Bonnie Bragdon sits down with Dr. Beth Davidow, an emergency and critical care specialist, veterinary practice owner, and advocate for independent veterinary medicine.Key Takeaways from This Episode:🔹 The Value of Ownership: Why independent veterinarians should be at the center of the profession.🔹 Profitability & Purpose: Understanding why profit isn't a bad word and how financial success fuels better care and career longevity.🔹 Challenges in Selling a Practice: The lessons Dr. Davidow learned about selling her first practice and how she’s approaching ownership differently this time.🔹 Corporate vs. Independent: The real impact of private equity on veterinary medicine and how new ownership models—like ESOPs—are changing the landscape.🔹 Advice for Future Practice Owners: What young veterinarians need to know about ownership, finances, and planning for the future.Don't miss this insightful conversation on the realities of veterinary practice ownership and how to shape a career on your terms.Listen to the full episode here: https://youtu.be/1XW87UG4gqc#VetPodcast #VeterinaryMedicine #PracticeOwnership #VetLife #IndependentPractice #VetCareer #Leadership #VeterinarySuccess #IVPA 00:00 The Importance of Profit Margins in Veterinary Practices00:51 Dr. Beth Davidow's Journey to Veterinary Medicine02:47 Transitioning to Emergency and Critical Care05:52 The Evolution of 24-Hour Veterinary Care08:58 Challenges in Starting a Veterinary Practice10:50 Financing and Support for Women in Veterinary Practices11:43 Specialists: Corporate vs. Independent Practices15:55 Navigating Practice Ownership and Exit Strategies26:19 Exploring Alternative Exit Strategies for Veterinarians27:36 Navigating Life After Selling a Practice30:48 Surviving Corporate Commitments Post-Sale33:30 The Importance of Multiple Selves in Veterinary Careers34:55 Gender Dynamics in Veterinary Business37:14 Encouraging Women in Veterinary Leadership40:30 Profitability and Gender Disparities in Veterinary Medicine43:48 Owning the Future of Veterinary Medicine