Are you thinking of expanding your solo practice? As a therapist, starting a group practice requires 100% commitment. But by putting these systems in place, you can unlock passive income opportunities for your group practice.In this episode, we share a snippet from day 3 of the 'Abundant Streams of Income' boot camp, where I reveal the secrets to starting and growing a successful group practice. Tune in to explore common myths about starting a group practice and gain insights on what steps you need to take before launching. We also tackle hiring tips, the importance of having a refined onboarding process (and more!) to turn your group practice into a passive income stream.--- Get weekly business affirmations by texting ‘ABUNDANCE’ to (310) 388-8603Timestamps: (02:08) Facts and myths on starting a group practice(04:06) What to do before starting a group practice(10:30) When can your group practice become passive?(14:46) Tips for onboarding therapists at your group practiceStandout Quotes:(08:47) "If you have ever thought or said..., 'I don't wanna deal with that supervision...', you have to oversee their paperwork and charting: it's your business. You have to oversee their billing and make sure they did it because it's your business that's getting paid.... You have to understand their skillset to grow because you want people who are going to thrive in your business structure."(10:42) "Before you take hands off and hire an office manager or a supervisor…, you want to build out the whole system yourself so that you understand what works."(11:29) "[Your group practice] is going to become passive once you hire help to build and expand the system to then onboard clinicians, onboard new team members.... Once you make the system work for anyone... then we're on to something."Resources Mentioned:Get the latest updates to Doctor TK’s events at https://www.doctortk.com/links/ Connect:Find | Doctor TK On Instagram: instagram.com/doctortkpsychOn Facebook: facebook.com/DoctorTKPsychOn Pinterest: pinterest.com/DoctorTKPsychOn Youtube: youtube.com/c/DoctorTKSUBSCRIBE & RATEOn Apple Podcast On Google PodcastsOn Spotify