Building a Solid Foundation for Your Private Practice with Beth
Growth is natural, but rapid growth can cause a variety of problems.
In fact, taking on too many clients and expanding into group practice too fast can damage your private practice. So, how can you prevent this?
The key is to establish a solid foundation in the early stages of your business.
When Beth started her private practice in 2018, it was full within 3 months, so she quickly transitioned into a group practice, thinking that would make sense for her business to grow.
However, she ended up making less money than she used to as a solo practice owner and became exhausted from working so many hours. After joining Business School for Therapists, she realized she was expanding her group practice too quickly. It wasn't built on a firm foundation.
Now, in addition to building a successful group practice, she also has balance between life and work.
In this episode, Beth shares the most unexpected things that happened when she transitioned from solo to group practice, her struggle with burnout, and some of the lessons she learned the hard way as a group practice owner.
Resources Discussed
The reasons why Beth became a mental health counselor.
The disadvantages of expanding too quickly into a group practice.
Advice for those who are group practice owners.