#49. The Bottom Line: Why Investing in Your Practice Matters
03/28/23 • 33 min
Question or comment? 🙋‍♀️ Send me a text message!
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.
~Wendy
xoxo
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!
_______________
THIS WEEK’S JOURNAL PROMPT:
When was the last time you made a significant investment in your practice?
What happened as a result?
_______________
MENTIONED:
_______________
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]
Question or comment? 🙋‍♀️ Send me a text message!
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.
~Wendy
xoxo
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!
_______________
THIS WEEK’S JOURNAL PROMPT:
When was the last time you made a significant investment in your practice?
What happened as a result?
_______________
MENTIONED:
_______________
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]
Previous Episode
#48. Lighten Up and Enjoy the Money You Make! My Conversation with Linzy Bonham
Question or comment? 🙋‍♀️ Send me a text message!
Linzy Bonham, host of the podcast, Money Skills for Therapists , has noticed a new pattern among the therapists she coaches - and it’s not one I expected to hear her talk about.
She says too many of us are living from fear, holding a little too tightly to the money we earn, choking off the flow of abundance and blocking our own joy.
And - perhaps - it’s time to lighten up just a little.
Don’t think that’s you? Maybe you should listen to this.
In our conversation, you’ll hear...
- How to think about the energy you want money to bring into your life.
- The difference between spending, and hoarding...
- How to prepare for an uncertain future, while still living your life right now.
And why it’s important to allow yourself the joy of anticipation. :)
This one will make you think.
Enjoy!
~Wendy
P.S. if you’re enjoying the podcast as much as I hope you are, could you help me spread the word? What two friends or colleagues do you know who could really use this kind of help? Please share this episode with them - and thank you!
_______________
WANT TO BE MY GUEST?
We are adding a new feature to the podcast soon, and it could include you!
Interested?
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]
Next Episode
#50. The Price of Settling: How My Own Thoughts on Abundance Are Changing
Question or comment? 🙋‍♀️ Send me a text message!
In this week’s episode on Ideal Practice, I’ve got a personal story to share about an experience I had a few years back.
It showed me why my thinking about the flow of abundance into and out of my life had to change, and helped me realize, perhaps, how much it already had...
We need to raise our own vibrations. We need to explore the transformative power of allowing ourselves to want more in our private practices.
As entrepreneurs in the healing arts industries, it's way too easy to fall into the trap of settling for the cheapest or lowest cost options in order to keep our businesses afloat.
Lord knows I’ve made that mistake - and more.
But what happens when we change, grow, and allow ourselves to want more?
That’s what I’m diving into, today.
~Wendy
xoxo
P.S. if you’re enjoying the podcast as much as I really hope you are, could you help me spread the word? Who are two friends or colleagues 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!
_______________
THIS WEEK’S JOURNAL PROMPT:
Have you ever allowed yourself to ask for what you really wanted, even when it meant a higher level of expense or a significant investment in your business? How did it feel to do that before you made the decision? How did it feel afterwards?
_______________
RESOURCES: Click here to find a list of my favorite books for an abundance mindset, and a well-lived life.
_______________
PLEASE BE MY GUEST!
I mentioned this at the end of today’s episode. 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]
If you like this episode you’ll love
Episode Comments
Generate a badge
Get a badge for your website that links back to this episode
<a href="https://goodpods.com/podcasts/ideal-practice-293755/49-the-bottom-line-why-investing-in-your-practice-matters-38400242"> <img src="https://storage.googleapis.com/goodpods-images-bucket/badges/generic-badge-1.svg" alt="listen to #49. the bottom line: why investing in your practice matters on goodpods" style="width: 225px" /> </a>
Copy