How to Make Money Outside of Therapy

July 10, 2018

The best ways to Make Cash Beyond Treatment By Rob Reinhardt, LPCS on June 13, 2018

How to Make Money Outside of Therapy - TherapyNotes with Rob Reinhardt, LPCS

To me, ideas are worth nothing unless carried out. They are just a multiplier. Execution deserves millions. There is a natural developmental cycle lots of therapists in private practice go through. Being a Certified Specialist Therapist Supervisor and having provided consultation services to therapists throughout the nation for the last eight years, I can state with self-confidence that this pattern is normal.Let’s appearance at common phases therapists experience and how to use them to make money.Developmental phases of a therapist Here are the three stages numerous therapists experience in their professions: Getting going– You dive into private practice and learn a lot from others. You discover there’s much about business andinnovation you didn’t know, and tools and software application that help you work more efficiently.Hitting your stride– You spend a lot more of your time providing treatment. You’ve established and become comfortable with business side of things.

  • Perhaps you even develop a strong specialty or niche. You’re doing great!Ready for something new– You’ve been doing this a while and you begin to question (and even experience )how working and getting paid by the hour for offering therapy can endure you. You start to question if
  • there’s a method you can generate more profits without working so hard.This third phase is where we get to really make usage of whatever we’ve found out in the first two stages. For many, this naturally leads to turning into a group practice, offering”passive”income. For others, it might imply discovering another method to make money.Other methods to make cash In addition to beginning a group practice, you may also think about these other ways to make loan: Compose a book Offer webinars, training or continuing education Include additional services to your practice(like guidance or concierge)Start a consultancy Launch a podcast Create an item Creating an idea

    With a lot of choices, how can you choose which to pursue? A fantastic place to start is to take a look at exactly what

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