Success Stories

She Had 5 Buyers for Her Practice in One Month

Dr. Courtney Gowin started in a basement with $6,000 to her name and built a maternal wellness practice in Dallas with 10 providers over 13 years. One Facebook post got her 5 buyers in a month. The two who bought it were students she'd mentored. Here's what made it sellable when most practices aren't.

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Episode Details

Most chiropractic practices never sell. Kris Arnold (Ep 49) takes those calls every month as a state association president. Not because nobody wants them. Because they're not a business, they're a person. "Dr. Courtney Chiropractic" isn't something Joe Schmo wants to buy. Courtney's words, not mine.

Dr. Courtney Gowin (she got married mid-recording and is now Dr. Courtney Busbee, which she reveals live on the episode) started in the basement of a building in Dallas with $6,000 to her name and a pile of student loans. Every time she got a new patient or had a decent month, she'd buy a rug. Two years in she took over all three floors of a 3,000 sq ft old Victorian. Thirteen years later she'd built The Nest: a maternal wellness practice with 10 providers running midwifery, pelvic floor PT, IV, ozone, and chiropractic, all vitalistic at the core.

Then she sold it. One post in a Facebook group of 10,000 women chiropractors got her five buyers in a month. The two who eventually bought it were students she'd mentored years earlier. Start to signed contract was about seven months.

Here's the part that matters if you ever want a real exit. About eighteen months before she had any intention of selling, she switched the whole practice to a membership model. Not because she was building to sell (this is the Stu Bernsen (Ep 31) thesis playing out by accident). Because she was traveling twice a month running retreats, and every time she left, revenue tanked. Patients would just wait for Courtney to come back. That's a personality practice, and personality practices are unsellable.

So she killed it. Average visit was $45 to $65, so $50 x 4 became the monthly membership. Four adjustments a month, add-ons prorated on top, family discount around $40 a head. Overhead dropped to near zero besides payroll. Revenue got predictable. And when she went to sell, she could hand a buyer three things nobody else in chiropractic can usually hand anybody: recurring revenue, a brand that isn't the owner's name, and clean profit margins (she says 30% is the healthy target).

The rest of the conversation is Courtney's second act, and it's a lot. She hosts WanderLearn retreats (47 international retreats in about three years), runs the She Adjusts mastermind for women chiropractors, launched an AI agency called The Well OS, went through Harvard's agentic AI program after the sale, and built a functioning practice brokerage in two hours using Base44 because every broker she talked to wanted her to print a form and mail it in. She's made six figures in three months monetizing AI builds for businesses. She runs WanderLearn with ten agentic AI employees. Her personal AI exec assistant texts her on WhatsApp at 6:30 every morning with her top priorities and her kids' school lunches.

She also gets honest about why she sold. A cohost at a retreat in Costa Rica asked her: "next year, if you're in the same place you are right now, where will you be?" Her instant, unfiltered answer was "dead." She asked for a sign, and three days later she broke her wrist chasing her dog across a limestone patio. Took three months off practice. First bone she'd ever broken. She laughed and took the hint.

Key Takeaways

  • Personality Practices Don't Sell. "Dr. Courtney Chiropractic is not something Joe Schmo wants to buy down the road." If the practice is your name and your hands, a buyer is purchasing a job, not a business. That's why most chiro practices trade for scraps or just close.
  • The Three Things Buyers Actually Want. Brand identity that isn't the owner. Recurring revenue. Clean profit margins (Courtney's target: 30%). You can run a million-dollar practice at a 10% margin and it's worth almost nothing. A business valuation is a math equation, not a love letter.
  • The Membership Switch. Average visit was $45-65. She made it $50 x 4 = the monthly membership. Four adjustments a month, prorated add-ons on top, family rate around $40 a head. She did it because revenue tanked every time she traveled. Eighteen months later it's what made the practice sellable.
  • One Facebook Post, Five Buyers. She posted once in the WDC group (10,000 women chiropractors, ~80 posts a day). Five buyers lined up that month. The two who bought were students she'd mentored years earlier. Your network is the buyer pool. Most owners never build one.
  • Six-Month Transition, Then Out. She stayed on Wednesdays for six months post-sale to hand off relationships. Patients who'd been on her table ten years needed a bridge. That transition period is what protects the buyer from churn and is worth negotiating into any deal.
  • The Retreat Question That Broke Her Open. A cohost asked: "next year, if you're in the same place as you are right now, where will you be?" Her gut answer was "dead." She asked God for a sign, broke her wrist three days later chasing her dog, and took it. Sometimes the body sends the memo.
  • AI Isn't Coming For Your Job. It's Redrawing the Org Chart. Courtney runs WanderLearn with ten agentic AI employees. She built a full practice brokerage in two hours on Base44. Her advice: start playing with it, and know you're only as good as your prompt. If a task in your practice repeats, an agent should be doing it.

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