#149. How to Use "Profit First" in Your Private Practice, with Shannon Simmons

05/13/25 • 68 min

Question or comment? 🙋‍♀️ Send me a text message!

Okay, friends, let’s have a conversation that could change your entire relationship with money in your practice. 🧐
I’m thrilled to bring you my conversation with the fantastic Shannon Simmons. Shannon is the owner of “Fit For Profit”, a company dedicated to helping health and wellness professionals (like us!) get financially healthy. She's a Profit First Professional and the creator of the insightful Embodied CFO program.

(I love even the sound of that.)

In this episode, you'll hear her practical, step-by-step breakdown of the Profit First system (it's simpler than you think). We also explore the crucial (and often overlooked) connection between your money habits and your mindset – and even how your body feels about money.

You're also going to learn:

How to guarantee that your practice will be profitable, starting TODAY.
A common mistake that causes 85% of businesses to fail (and what to do instead).
A subtle but powerful grounding technique to use when dealing with money stress or making financial decisions.
The simple system that will let you pay yourself a bonus every 3 months . 🥳

Guys, I loved Shannon’s energy, and I think you will too.

So, give this a listen. Because when you take the time to do this work and take care of your ‘money stuff’, you thrive, and your business thrives.

And guess what, so do your clients. 🥰

~Wendy

P.S. Are you already following these principles in your practice? If so, I’d love to hear from you. How has this impacted your business?

(Oh - and don’t forget to leave a review for us! Thank you!)

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TODAY’S GUEST: SHANNON SIMMONS

Shannon Simmons is Fit For Profit’s founder and CEO. As a business owner, she knows what it’s like to face challenges and feel overwhelmed by finances, from childhood and beyond. Her passion for helping small business owners comes from a time when, as a practicing accountant and bookkeeper, she couldn’t pay her OWN tax bill. As a result, she decided to overhaul her business, starting with the foundation: her financial system.

Today, she helps professionals who are passionate about finally finding their profit too.

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MENTIONED:

Her Website: https://fitforprofit.com/Facebook: https://www.facebook.com/fit4profitInstagram: https://www.instagram.com/fit4profit/LinkedIn: https://www.linkedin.com/in/shannonsimmonsffp/YouTube: https://www.youtube.com/@fitforprofit3890

Book: Profit First by Mike Michalowicz

Support the show

Wendy Pitts Reeves, LCSW
Host, Ideal Practice
Private Practice Coach and Mentor
www.WendyPittsReeves.com
[email protected]

Question or comment? 🙋‍♀️ Send me a text message!

(I love even the sound of that.)

You're also going to learn:

How to guarantee that your practice will be profitable, starting TODAY.
A common mistake that causes 85% of businesses to fail (and what to do instead).
A subtle but powerful grounding technique to use when dealing with money stress or making financial decisions.
The simple system that will let you pay yourself a bonus every 3 months . 🥳

Guys, I loved Shannon’s energy, and I think you will too.

So, give this a listen. Because when you take the time to do this work and take care of your ‘money stuff’, you thrive, and your business thrives.

And guess what, so do your clients. 🥰

~Wendy

P.S. Are you already following these principles in your practice? If so, I’d love to hear from you. How has this impacted your business?

(Oh - and don’t forget to leave a review for us! Thank you!)

_______________
TODAY’S GUEST: SHANNON SIMMONS

Today, she helps professionals who are passionate about finally finding their profit too.

______________
MENTIONED:

Book: Profit First by Mike Michalowicz

Support the show

Wendy Pitts Reeves, LCSW
Host, Ideal Practice
Private Practice Coach and Mentor
www.WendyPittsReeves.com
[email protected]

Previous Episode

#148. My Top 3 Energy Tools for a Thriving Practice (and Life!)

Question or comment? 🙋‍♀️ Send me a text message!

If you've been listening to this podcast for any length of time, then you know that I’m just as likely to talk about how your sun sign affects your practice, as much as your marketing strategy does, right?
But today, I thought I’d go a little deeper. A little more personal.
I thought maybe it was time to share a more with you about the energy side of running a practice, or what my friends and I call the ‘woo side’ of owning a business.
This topic might not be for everybody (and you can call me hokie if you want to), but I believe that we are all an active, collaborative part of the universe - and that energy impacts everything we do.
So today, I’m pulling back the curtain and sharing 3 of my favorite energy tools – tools I use, not just for managing my practice, but for managing myself too.
In this episode, you’ll hear:

How I used an ancient practice to dramatically improve the feel of my group practice space (...including a funny story about the use of vodka in that process).
My go-to tool for personal guidance, and exactly how I use it to tune into what’s important to me right now.
Why healers like us sometimes need help from other healers (and a pretty incredible experience I had during my own session with a healer).
What happens when you believe in angels...😇

Friends - I’ve recorded this episode because I want to be real with you. If you’re going to listen to someone, learn from them, and maybe follow some of their guidance, I believe it’s important that you know who is behind that voice.
And who knows?
Maybe there’s a reason why today’s episode found you. 🤔
Energy moves in mysterious ways, after all. :)
I hope this is helpful.
~Wendy
P.S. “Okay Wendy - THAT was super interesting....!“ If that’s what you find yourself saying as you listen, would you please share a little love with a 5 star review and a few words over on Apple Podcasts or Spotify
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MENTIONED:
The Telepathy Tapes podcast: https://thetelepathytapes.com/
Abraham Hicks: https://www.abraham-hicks.com/
The Mystical Shaman Oracle Card Deck: https://www.tribalsoulsanctuary.com.au/product-page/mystical-shaman-oracle-card-deck
The Archangel Michael Deck: https://www.amazon.com/Archangel-Michael-Oracle-Cards-Guidebook/dp/1401922732
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NEED HELP?
Maybe a Quick Start Consult can get you pointed in the right direction.
Learn more here - https://www.wendypittsreeves.com/consult

Support the show

Wendy Pitts Reeves, LCSW
Host, Ideal Practice
Private Practice Coach and Mentor
www.WendyPittsReeves.com
[email protected]

Next Episode

#150. How Heart-Centered Entrepreneurs Can Learn to Love Networking, with Melissa Snow

Question or comment? 🙋‍♀️ Send me a text message!

“There’s no such thing as a solopreneur.”

That’s what Melissa Snow said to me when we first met to discuss her possible appearance on the podcast. And just like that, I was hooked.

Her point?

She went on to explain that our network is our strength, and finding ways to build deep connections with others is the healthiest, and fastest, way to grow your practice.

After all - who are you more likely to get a referral from? An insurance company? Some ad you run on Instagram?

Or a colleague who knows you, trusts you, understands who you serve - and values your work?

I know the answer to that - and I bet you do too.

But soooo many healers in private practice fall on the introverted end of the social scale. We’re not shy mind you - not at all. We just prefer deeper, richer conversations over the mad chaos of a Chamber coffee where all that matters is how many business cards you manage to give away.

Ugh.

Yeah. We hate that. :)

But networking, when handled the way Melissa teaches us to handle it, can be a much better experience. And in today’s episode, she’ll share some of that with you.

In this episode, you’ll hear:

All the other reasons networking is a smart strategy, way beyond the chance to get a few referrals. (One of my own experiences led to a whole new conference for adolescent girls...)
Several creative ways to build satisfying professional relationships you’ll actually enjoy, relationships based on connections - not transactions.
What to do when you attend a networking event and it doesn’t go so well. (It’s not what you think.)
How imposter syndrome may be holding you back. (My clients talk about this a LOT.)
What a “fishing pole” friend is, and how handy it could be to have one. (I loved this one so much! 🤭)

You might hear a networking nightmare or two as well. But by the time you get to the end of this lovely conversation, I’m betting you’ll be excited about getting out there to meet a few new folks.

And they’ll be excited to meet YOU too.

This networking thing matters more than you may know - but it can also be more fun than you’ve ever believed.

Still not sure? Give this a listen.

~Wendy

P.S. If you’re enjoying the podcast (as so many of you tell me you are), could you help me spread the word? Do you have friends or colleagues who could use a new business besty? Please share this episode with them. (Hey! #Networking!) They’ll thank you!

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TODAY’S GUEST: MELISSA SNOW

Melissa is a Business Relationship Strategist dedicated to empowering women in entrepreneurship. She founded the Powerful Women Rising Community, which provides female business owners with essential support and resources for business growth. Melissa's mission is to revolutionize networking, promoting authenticity and genuine connections over sleazy sales tactics.

And THAT’s what we’re talking about today. Good stuff!

HER WEBSITE: www.powerfulwomenrising.com
HER PODCAST → Powerful Women Rising - A Business Podcast for Female Entrepreneurs: https://bit.ly/45j4wBY

Support the show

Wendy Pitts Reeves, LCSW
Host, Ideal Practice
Private Practice Coach and Mentor
www.WendyPittsReeves.com
[email protected]