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(#45) Individual or Group? When to Expand My Private Practice

(#45) Individual or Group? When to Expand My Private Practice

FromDoctor TK


(#45) Individual or Group? When to Expand My Private Practice

FromDoctor TK

ratings:
Length:
20 minutes
Released:
Jul 15, 2020
Format:
Podcast episode

Description

Have you already started, branded and opened up a private practice? If so, would you go for an individual or a group practice?  In today’s episode, Doctor TK will address a very big topic that continues to come from her current coaching clients who have already established a practice. Learn the success principles in building your own group practice as you listen from today’s podcast goals
 

Podcast Goals:
Learn the definition of a streamlined group practice

Know the 3 reasons to expand into a group practice and what each of them entails

Be guided with the characteristics for a leader to be successful in a group practice


 

Episode Timeline:
 

Definition of a group practice [0:47]


Who takes care of the administrative tasks? [01:20]


What are the clinician’s roles in a group practice? [02:00]


Is subleasing space to other clinicians considered a group practice? [03:12]


Top 3 reasons to expand into a group practice [04:00]


Reason #1: You are receiving too many referrals [04:08]


The hot commodities in mental health [04:40]


Reason #2: You have the inclination to supervising and mentoring licensed or non-licensed clinicians [06:19] 


How Doctor TK delegated some of her referrals to other clinicians [07:00] 


Reason #3:  You recognize yourself as a true leader [08:19] 


Characteristics of a group practice leader [08:28]


Characteristic #1: Having the ability or desire to delegate your task [08:40]


Characteristic #2: Having an experience of building a system and desire to have your business run while you’re not present [09:55] 


How to truly scale your business [10:15] 


Characteristic #3: Having the desire to train your staff [11:31]


Doctor TK on delegating her task to a VA on her Dope Therapist Tribe [12:01]


Characteristic #4: Having the willingness and readiness to give and receive positive and constructive feedback  [14:05]


Disclaimer to followers who don’t have a practice yet [15:33]


Podcast summary [16:36]


Take the Private Practice Quiz [17:03]


 

 

Standout Quotes from Doctor TK:
“You may stand out in the crowd based on what you look like. Ethnicity and gender can play a very strong role.” [04:40] 

(on true definition of scaling your business) “You’re supposed to be removing yourself from most of the revenue generating activities except for the ones that only you can do” [10:29] 

“The goal of a practice is to build systems so that when you want to go on a vacation, your clinicians don’t have to go on a vacation and your business won’t get shut down when you wanna leave the country for 3 weeks” [11:11] 


 

Resources Mentioned:

Join The Dope Therapist Tribe Waitlist 

Take Private Practice Quiz

Join the Dope Therapist Circle 


Connect:
Find | Doctor TK

On Instagram: @DoctorTKPsych

On Facebook: @DoctorTKPsych

On Pinterest: @DoctorTKPsych

On Youtube: @Doctor TK

  

 

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Released:
Jul 15, 2020
Format:
Podcast episode

Titles in the series (100)

Therapists Deserve Abundance. Therapists can Manifest an Epic Career and Dream Big to Foster a Prosperous & Abundant Lifestyle