Therapists tend to be great with emotions, but are sometimes scared of money. Believe in your self-worth by not feeling guilty, but good when making money in private practice. It’s just as easy to have a profitable practice, as a not-profitable practice.
Today’s guest is Tiffany McLain, who is a creator, founder, and teacher at the Lean In MAKE BANK Academy. Tiffany talks about how private practice therapists can build both emotional and financial wealth.
Episode Highlights:
● Conversations and Conflict: Get comfortable or be uncomfortable talking about money
● Clarity/Desire: Know what’s needed to work less, make more; not work more, make less
● Big Picture Plan: Anticipate anxiety to dream big or settle for big disappointment
● Sliding Fee Scale: State your fee and then shut your mouth, don’t make excuses
● Therapists: Who feels guilty? Women, those of color and from blue-collar backgrounds
● Social, Political, and Family of Origin: Is permission necessary to charge confidently?
● Insurance Reimbursement Rates: Run practice and still have life of freedom, flexibility
● Foundational Aspects: Surround yourself with supportive people and invest for success
● Area of Genius: Learn from others before you and spend money to make money
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