Episode 49. The Bottom Line: Why Investing in Your Practice Matters

In this episode of Ideal Practice, I’m digging into the importance of investing in your private practice and yourself as a healing arts professional and business owner. 

We just don’t think this way as healers - but we need to. 

So I want to talk about how investing in your business is such a key factor in building a strong foundation for your long-term success. It’s made a huge difference for me (more about that next week!) and it will for you too. 

I’m sure of it.

In this episode, you’ll learn: 

• How to tell the difference between a business expense and an investment
• How to think about managing both
• Key questions to ask yourself when you’re trying to make financial decisions in your practice.
• Ultimately, what your business needs from you to thrive.

Join me to discover the bottom line on why investing in your private practice and yourself truly matters.



P.S. if you’re enjoying the podcast as much as I really hope you are, could you help me spread the word? What two friends or colleagues do you know who could really use a boost of encouragement each week? Who else needs this kind of teaching? Please share this episode with them - and thank you!

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THIS WEEK’S JOURNAL PROMPT: 

When was the last time you made a significant investment in your practice? 
What happened as a result?

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MENTIONED: 

• Magic Marketing for Your Private Practice.
• Profit First, by Mike Michalowicz

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WANT TO BE MY GUEST?

I talked about this at the end of today’s show. Did you hear it?

We are adding a new feature to the podcast soon, and it could include you! 

It's called "Coaching Over Coffee", where one of our listeners is invited to be on the program, sharing a particular issue from their practice they’d like to get some help with. I’ll provide live coaching, which we'll then edit and share on the podcast.

This is a great way to get some help for your practice, get your work in front of more people, and inspire your peers at the same time! 

If you'd like to be considered, just click here to complete a short, simple application, and I'll get right back to you!

Wendy Pitts Reeves, LCSW
Host, Ideal Practice
Private Practice Coach and Mentor

www.WendyPittsReeves.com
[email protected]