So many company founders out there have found success because they’ve had a great idea, a particular skill set, and a willingness to put in the long hours. But those 3 characteristics are NOT how to scale a company. Instead, to become a successful CEO of a growing business, founders have to evolve what they do within that business — and this can be one of the toughest transitions for them to make. Letting go of job duties or responsibilities doesn’t come easy for these high-achievers.

Our latest guest, Dr. David Stern, MD, is someone who has gone through that transition himself. Stern is the Chief Executive Officer and Founder of Experity, a GTCR portfolio company and a leading software and services company providing integrated solutions to more than 50% of the U.S. urgent care market. 

Tune into the full conversation for more on David’s journey from doctor to business owner, how he’s evolved as a leader over the years, the pros and cons of mergers, and more. 

Here’s a Glimpse of What You’ll Learn: 

  • More about what David’s company, Experity, does 
  • How the introduction of electronic medical records inspired David to start his own business
  • The value of firsthand experience in developing the product that would make up the core of David’s business
  • How David morphed his job duties over the years, and how that helped scale the company
  • Why founders are “scary” to investors
  • What “drivers” are and the two conditions they have to meet 
  • The potential benefits and risks of doing a merger between two competitors — and what made David’s so successful
  • How David has transitioned his work habits so he can spend more time with his family 
  • The routine David has with his daughter, and how that has made his personal life so much more meaningful 
  • David’s book recommendations, especially for business owners looking to scale their companies without stretching themselves too thin or trying to do everything all at once
  • The one habit that successful CEOs consistently maintain 

 

Resources Mentioned in This Episode: 

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