May 10, 2023

Babak Moini- 'An assessment of the Australian chain clinics' #207

1 hour 24 minutes

Episode 207 hosts Babak Moini, the founder of Laser Clinics Australia (LCA).

LCA started in 2008 and have become the world's largest aesthetic and skin chain of clinics with over 200 locations in Australia, Singapore, UK and Canada. Since then, numerous other competitor chain clinic brands have competed with each other for the same demographic of patients (including Silk Laser Clinics, Evolution Clinics, Australian Skin Clinics, Clear Complexion Clinics and several other brands) The universal feature of the chain clinics includes offering discounted and high volume treatments, often in high foot traffic locations and shopping malls.

Babak sold his final shares in LCA in 2017 and has observed from the sidelines how the aesthetic chain clinic model that he started has evolved. We discuss:

Babak's backstory and how LCA came to be
His assessment of the current strategy of his previous company LCA
His opinions on the franchisor vs franchisee relationship
His views on why adding additional services to an aesthetic clinic can be problematic
How discounted prices have not kept up with inflation
Quantity vs quality - the potential issue with discounting aesthetic treatments
His assessment of the proposed acquistion of Silk by Westfarmers' API
How the new proposed regulations by AHPRA may impact aesthetic clinics and injectors
His top tips to make your clinic more agile in difficult economic times
His predications about the Australian macro-economy for the near future

Join IA Patreon (our online subscription platform) & get access to the following education, support and community:

Access to four IA Whatsapp groups (General, Injectables, Business & Regenerative Aesthetics)
Access to our IA Business Live sessions (Business Zoom sessions led by David)
Access to our IA Injectable Live sessions (Injectable Zoom sessions led by Dr Jake)
Access to weekly IA Hints & Tips (Videos, insights and injectable education)
Access to our growing IA Library of clinical papers, books and resources
Access to IA Business Insights - live Zoom recordings of David doing business coaching with individual IA Patrons
Access to eight pre-recorded IA Webinars
Access to IA Secret Sessions - exclusive recorded conversations
Shadowing opportunities in clinic with Dr Jake (additional cost)
Business mentoring opportunities with David (30 minutes intro session free for Platinum tier Patrons)

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Business mentoring opportunities with David (additional cost, limited slots)

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Babak Moini- 'An assessment of the Australian chain clinics' #207

1 hour 24 minutes

Episode 207 hosts Babak Moini, the founder of Laser Clinics Australia (LCA).

Babak sold his final shares in LCA in 2017 and has observed from the sidelines how the aesthetic chain clinic model that he started has evolved. We discuss:

Babak's backstory and how LCA came to be
His assessment of the current strategy of his previous company LCA
His opinions on the franchisor vs franchisee relationship
His views on why adding additional services to an aesthetic clinic can be problematic
How discounted prices have not kept up with inflation
Quantity vs quality - the potential issue with discounting aesthetic treatments
His assessment of the proposed acquistion of Silk by Westfarmers' API
How the new proposed regulations by AHPRA may impact aesthetic clinics and injectors
His top tips to make your clinic more agile in difficult economic times
His predications about the Australian macro-economy for the near future

Join IA Patreon (our online subscription platform) & get access to the following education, support and community:

Access to four IA Whatsapp groups (General, Injectables, Business & Regenerative Aesthetics)
Access to our IA Business Live sessions (Business Zoom sessions led by David)
Access to our IA Injectable Live sessions (Injectable Zoom sessions led by Dr Jake)
Access to weekly IA Hints & Tips (Videos, insights and injectable education)
Access to our growing IA Library of clinical papers, books and resources
Access to IA Business Insights - live Zoom recordings of David doing business coaching with individual IA Patrons
Access to eight pre-recorded IA Webinars
Access to IA Secret Sessions - exclusive recorded conversations
Shadowing opportunities in clinic with Dr Jake (additional cost)
Business mentoring opportunities with David (30 minutes intro session free for Platinum tier Patrons)