From Grad to Greenfield: One Optometrist's Journey to Private Practice Ownership with Sheila Lam - Part 1
- 4 hours ago
- 2 min read
From grad to greenfield. Sheila Lam didn’t just follow the expected path, she built her own.
In this episode, we are joined by Sheila Lam, optometrist and co-founder of Eye Definition Optometrist, to share her journey to practice ownership. From graduating during the pandemic, working in corporate optometry, questioning the "safe" career path in front of her, and ultimately taking the leap to open a greenfield independent practice with a business partner.
This conversation is packed with practical insights for early-career optometrists who are curious about ownership, passionate about clinical development, or exploring alternative paths within the profession.
About the Guest:
Sheila graduated from the University of New South Wales in 2020 with a Master of Clinical Optometry and a Bachelor of Vision Science. She is the principal optometrist and co-founder of Eye Definition Optometrists, an independent full-scope practice in Sydney with a focus on myopia management and specialty contact lenses, particularly orthokeratology. She currently serves as Chairperson of Young Optometrists (YO) and is a committee member of CCLSA NSW. She also holds a Diploma in Business Administration and is actively involved in mentoring optometry students.
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Key Topics with Timestamps:
2:58 - Sheila Lam's background
4:38 - Early ambitions of practice ownership
6:47 - Sheila's introduction to corporate optometry
9:18 - Outgrowing the corporate path
11:11 - Joining the Young Optometrists and the power of networking
15:24 - Lessons from corporate optometry
19:24 - Making the leap to independent practice
22:07 - Replan the future with independent practice
24:57 - Opening an independent optometry practice
28:30 - Choosing a business partner, aligning goals, and priorities
32:57 - Defining partnership structure and tasks of the practice
35:02 - Why they chose a 50/50 ownership structure
36:17 - Advice they received about the partnership
39:17 - Navigating difficult conversations
43:54 - Other things to consider in a partnership
45:19 - Benefits of having a business partner
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