Artwork for podcast The Bad Therapist Show
Why You Can't Rely On This Method To Make More Money In Private Practice [Ep 61]
Episode 61 • 13th May 2024 • The Bad Therapist Show • Felicia Keller Boyle | Business Coach for Therapists
00:00:00 00:22:39

Share Episode

Shownotes

Are you tired of the endless grind and looking for ways to make more money as a therapist? In today's episode, I break down the therapy myth that more clients equals more cash, plus I’m giving away the secrets to building a thriving private practice without burnout. 

You'll find out why seeing more clients isn't the only answer and learn how to create a business that stands strong through life's ups and downs. I'll share with you the exciting details of my Liberated Business program, which is designed to boost your earnings while keeping those client hours in check. We'll explore the dangers of a one-track income strategy and unveil alternative methods that can lead to more money and a more satisfying career. 

From raising fees to smart marketing moves, get ready to transform your practice into a powerhouse of profit and passion. Tune in and take the first step toward financial freedom and the work-life balance you deserve.


Topics covered in this episode:


  • The risks of relying on a single strategy if you want to make more money as a therapist
  • How Liberated Business can help you make more money as a therapist without seeing more clients
  • Why "good therapist conditioning" is harmful to both your well-being and business stability
  • How raising your fees and implementing a cancellation policy can quickly boost your income
  • Why effective marketing is more than just getting new clients
  • How understanding your business data can lead to better marketing decisions


Connect with Felicia:


Resources from this episode:


Related episodes:

  • Breaking Taboos: How to Talk About Money with Your Therapy Clients [Ep 47]
  • How to Ethically Raise Your Therapy Fees [Ep 46]
  • How to Uphold Your Cancellation Policy Without Feeling Guilty [Ep 19]


Quote:

"If your only solution for increasing revenue in your business is to see more clients, then you've essentially built this Jenga tower that's just like one wrong move away from tumbling." - Felicia


Mentioned in this episode:

Enrollment is open for Liberated Business!

Join now: https://thebadtherapist.coach/liberatedbusiness

Links

Chapters

Video

More from YouTube

More Episodes
61. Why You Can't Rely On This Method To Make More Money In Private Practice [Ep 61]
00:22:39
60. Thriving with Chronic Illness: How to Adjust Your Private Practice with Kristin Fialko [Ep 60]
00:52:51
59. Profit First for Therapists: How to Grow Your Wealth [Ep 59]
00:29:43
58. Marketing for Therapists: How to Connect with Clients by Addressing Their Problems [Ep 58]
00:29:11
57. Celebrating 1st Anniversary with My Top Private Practice Growth Tips [Ep 57]
00:23:40
56. Devotional Sales: My Sales Practice That Will Turn Consult Calls into Clients [Ep 56]
00:21:37
55. How to Charge More Than Therapists in Your Area & Still Attract Your Ideal Therapy Clients [Ep 55]
00:34:24
54. How to Build a Thriving Private Practice Post-Pandemic with Kristie Plantinga [Ep 54]
01:02:42
53. How to Prevent Burnout in Your Private Practice with Integration Weeks [Ep 53]
00:30:15
52. What to Do Before You Decide to Quit Being a Therapist [Ep 52]
00:21:11
51. Avoid This Common Private Practice Mistake: Asking Your Clients for Permission on How to Run Your Business [Ep 51]
00:29:30
50. What to Do When a Therapy Client Threatens to Leave a Negative Online Review [Ep 50]
00:20:19
49. How to Handle Negative Feedback on Social Media as a Private Practice Therapist [Ep 49]
00:31:13
48. How to Market Your Therapy Practice Online [Ep 48]
00:33:45
47. Breaking Taboos: How to Talk About Money with Your Therapy Clients [Ep 47]
00:29:01
46. How to Ethically Raise Your Therapy Fees [Ep 46]
00:35:29
45. Balancing the Books: Essential Accounting Tips for Therapists with Eddie Vals [Ep 45]
00:48:44
44. The Profit First Model: A Game Changer for Your Private Practice [Ep 44]
00:34:14
43. A Step-by-Step Guide to Starting Your Private Therapy Practice in 2024 [Ep 43]
00:31:21
42. Manifesting Your Goals with Affirmations for 2024 [Ep 42]
00:22:00
41. Networking for Therapists: How to Do It the Right Way [Ep 41]
00:29:39
40. Freebies for Therapists: Why Do You Need It & How It Can Help You Attract Clients [Ep 40]
00:32:05
39. Why Lowering Your Fees Isn't Always the Answer [Ep 39]
00:32:08
38. SEO For Therapists: Future-Proofing Your Therapy Practice with Kristie Platinga [Ep 38]
00:51:35
37. Why Incorporating Pleasure into Your Business is a Non-Negotiable for Growth & Success [Ep 37]
00:31:48
36. How to Give Back as a Therapist Without Sacrificing Your Financial Well-Being [Ep 36]
00:34:00
35. How to Smash Your Private Practice Goals in 2024 [Ep 35]
00:32:54
34. Making the Leap: Tips for Transitioning from Agency Work to Private Practice [Ep 34]
00:29:19
33. Strategies for Avoiding Decision Fatigue in Your Private Practice [Ep 33]
00:32:35
32. How to Stop Freaking Out & Regain Control in Your Private Practice During Tough Times [Ep 32]
00:33:09
31. Gender Magic: Transforming Therapy with Rae McDaniel [Ep 31]
00:53:58
30. How to Build a Strategic Website That Will Bring More Clients to Your Practice With Sarah Busse [Ep 30]
00:56:27
29. Improve Your Website Instantly with This Simple Practice [Ep 29]
00:28:23
28. Scalable Offers for Therapists Success Story: From an Idea to Sold Out with Julia Tsakalis [Ep 28]
00:29:38
27. Launch Hacks Every Therapist Should Know [Ep 27]
00:30:30
26. The Spicy Truth About Passive Income for Therapists [Ep 26]
00:24:57
25. How To Have A Successful Launch For Your Scalable Offer [Ep 25]
00:30:55
24. My Favorite Scalable Offer Idea for Therapists [Ep 24]
00:31:45
23. Why Should You Start Creating a Scalable Offer Right Now [Ep 23]
00:30:43
22. The Power of Delegation: How Hiring A Virtual Assistant Can Transform Your Therapy Practice with Betsy Castro [Ep 22]
00:46:06
21. What You Need to Know Before You Hire a Virtual Assistant [Ep 21]
00:33:22
20. Tips & Strategies on Overcoming Slow Months in Your Therapy Practice [Ep 20]
00:29:05
19. How to Uphold Your Cancellation Policy Without Feeling Guilty [Ep 19]
00:32:12
18. How Can Hiring A Business Coach for Therapists Elevate Your Private Practice [Ep 18]
00:31:17
17. What You Need to Know Before Hiring a Team Member for Your Private Practice [Ep 17]
00:29:59
16. From Traineeship to Private Practice: The Center for Mindful Psychotherapy with Scott Balderson [Ep 16]
00:45:15
15. Strategies to Pass Your Clinical Exam on the First Try [Ep 15]
00:31:58
14. Choosing a Therapy Niche That Aligns with Your Values & Passions w/ April Snow, LMFT [Ep 14]
00:49:50
13. How to Decide Where to Complete Your Therapist Training Hours [Ep 13]
00:33:07
12. From A Pre-Licensed Therapist to Successful Private Practice: 5 Game-Changing Moves [Ep 12]
00:36:04
11. How to Achieve Your Big Scary Goals with Timeline Jumping [Ep 11]
00:29:23
10. From Employee to CEO with Kristie Plantinga [Ep 10]
01:06:27
9. Overcoming Disappointment: The Biggest Obstacle to Business Success [Ep 9]
00:30:37
8. Setting Boundaries & Valuing Your Worth as a Therapist with Emily Adams [Ep 8]
01:03:59
7. My Secret to Turning 10 Min Intake Calls Into Paying Clients [Ep 7]
00:33:48
6. Mastering Your Marketing Strategy [Ep 6]
00:38:02
5. Marketing Mindset Shifts You Need to Make to Fall in Love With Marketing [Ep 5]
00:33:43
4. How to Pick a Therapy Niche That Makes You Happy [Ep 4]
00:35:05
3. Work With Your Desires, Not Against Them [Ep 3]
00:28:23
2. How to Raise Your Fees & Take a Week off from Your Practice Every Month [Ep 2]
00:34:17
1. My Journey of Becoming 'The Bad Therapist' [Ep 1]
00:34:13
trailer Trailer - Introducing The Bad Therapist Show
00:02:09