The dream of all entrepreneurs is to start a business, grow it beyond their own expectations, and then sell it for a tidy profit. David Goodman, president and founder of Careshyft, one of the nation’s leading Home Care providers, welcomes Kamran Nasser to this episode, who openly shares how he started and sold a Home Care Agency successfully. 

Kamran started his own Home Care business in 2013, three years later Inc Magazine named Nuevacare one of the five fastest-growing private companies in America. Later, San Francisco Business Times and Silicon Valley Business Journal also named it one of the top 100 fastest-growing companies in those areas.

Kamran shares how he started in the Home Care Business with barely any background in the field, but looking for an industry that had growth potential. He began to learn the essentials about how to start a Home Care business by hiring Companion Connection senior care. 

In the beginning, Kamran didn’t know he will end up selling the company, neither that the business will become so successful. He had a plan to grow the company as fast as possible while providing the best service to seniors, those two goals were the ones that brought opportunities, customers, and ultimately attracted potential buyers.

Kamran dives deep into how he dealt with a very competitive market, even when he was not prepared for it.  Differentiation was the key feature that helped the company stand up among the other Home Care agencies in the area.  

One of the biggest challenges for all Home Care businesses is to find onboarding caregivers, but Kamran realized that when the right systems and processes for recruiting and hiring are in place, the caregivers stay and bring more caregivers to the agency.

Kamran shares how his company got to the top lists of fastest-growing companies, he gives the tools to maximize exit strategies and points out the pitfalls to be aware of while selling a Home Care agency.

Mentioned in this episode:

Careshyft 

Companion Connection Senior Care