21 min listen
(#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
SUBSCRIBE & RATE
On Apple Podcasts
On Google Podcast
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
SUBSCRIBE & RATE
On Apple Podcasts
On Google Podcast
Released:
Jul 15, 2020
Format:
Podcast episode
Titles in the series (100)
(#9) Get Out Yo Feelings Pt 2 - Trust The Process by Doctor TK