Optimize Your Money by Optimizing Your Time- Setting Your Private Practice Rates
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Optimize Your Money by Optimizing Your Time- Setting Your Private Practice Rates
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Episode Summary:
In this episode of the Grow Together podcast, Kate dives into the often-mysterious world of setting your therapy rates and building a profitable, sustainable private practice. Whether you're new to private practice or looking to refine your pricing strategy, this episode provides practical tips to confidently price your services, protect your time, and increase your income—without burning out.
Kate emphasizes the importance of valuing your skills, experience, and niche, while also sharing insights on different pricing models, policies, and mindset shifts necessary for financial success. Learn how to make your practice more profitable, sustainable, and aligned with your goals, all while serving your clients with integrity and excellence.
What You’ll Learn in This Episode:
- Why your rates should reflect your value, expertise, and the investment you've made in your education and business
- The importance of researching local market rates and adjusting based on your unique skills and niche
- How to diversify your income with packages, group sessions, and flexible service options
- The critical role of policies, including cancellation and no-show policies, in protecting your time and income
- Strategies for setting clear, confident communication about your fees
- The mindset shift from feeling like a "servant" to valuing your work and worth as a professional
- Tips for reviewing and adjusting your rates over time as your experience and practice grow
Resources & Links:
- Schedule a call
- Join The Business Hub- Optimizing your income by optimizing your time
Connect with Kate:
Grow With Kate Program
Subscribe & Review:
If you found this episode helpful, please subscribe and leave a review! Your support helps grow the reach of our mission to empower therapists and build sustainable practices.
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