Episode 16: Alternate Revenue Steams in Private Practice (with Katie Vernoy)

Are you looking for some ideas of ways you can grow your private practice outside of regular clinical work? You're in luck! This week, Julie sits down with Katie Vernoy of Therapy Reimagined to talk about alternate revenues streams for you to incorporate into your own business!

Katie Vernoy is a therapist, coach, consultant, and co-founder of Therapy Reimagined! She is also the co-host of The Modern Therapist Survival Guide Podcast, a podcast created to teach therapists how to approach their roles in a modern age. She believes in empowering private practice owners to create businesses that they can healthily sustain and happily enjoy.

Episode Highlights:

• If private practice isn't quite enough to fulfill your business needs, there are many different options to explore to expand your brand
• Consulting - non-profit support, business mentoring, peer coaching, career advancement, etc.
• Networking - find support within your community, and learn ways you can help peers and colleagues as well
• Pricing - research to time and resources you will be utilizing in order to determine a ballpark price to start, don't be afraid to adjust as you go!
• Different options to expand your business & increase revenue:
  • Podcasting
  • Writing a book
  • Training seminars
  • Online webinars & courses
  • Create a conference
• Recognize & adjust how you focus your attention to avoid burnout or distractions - set aside specific time to work on each aspect to stay organized and meet deadlines/goals with multiple facets of the businesses working

Links & Resources:
Katie Vernoy
The Modern Therapist Survival Guide
Therapy Reimagined
When: The Scientific Secrets of Perfect Timing by Daniel H. Pink
GreenOak Accounting
Therapy For Your Money Podcast