Keep The Change Building Wealth Through Buying a Business in New Zealand: Ryan O'Connor
Dec 10, 2025
Ryan O'Connor, a therapeutically qualified optometrist and owner of a practice in Ashburton, details his inspiring journey from employee to business owner. He shares insights about his 12-year struggle, multiple failed partnerships, and the vendor finance deal that enabled his dream. Ryan discusses the cash flow realities of ownership, the importance of community integration, and leveraging technology for patient care. He even hints at future aspirations to own a deer farm while growing his practice!
AI Snips
Chapters
Transcript
Episode notes
Lifelong Vision To Own A Practice
- Ryan always wanted to own an optometry practice and pictured “O'Connor optometrists” from age 12.
- That childhood vision guided his career choices through university and employment until he bought a practice.
Multiple False Starts Before A Purchase
- Ryan tried multiple shareholder pathways and partnerships that fell through over many years.
- He eventually found an independent practice in Ashburton where the owner was a willing seller.
Use Vendor Finance When Cash Is Tight
- Learn vendor finance: the seller can lend you the purchase price and you repay under agreed terms while running the business.
- Ask explicitly if the owner will offer vendor finance and negotiate deposit, interest and term lengths.