The Money Sessions

Carolyn Alroy is a New York based analyst who sees working professionals and couples. She helps them gain success in work and relationships.

In this episode, Caroyln talks about the difficult journey she had in raising her fees over the years, a journey that has resulted in being able to charge $325-$400 per session.

In this episode, Carolyn will talk about:

Her journey from charging $82/sessions to charging up to $400 per session;

How investing in clinical supervision helped Carolyn step into valuing her own work;

How charging premium fees helped Carolyn create space for people who need lower fees without sacrificing her own financial stability;

How Carolyn dealt with family shade due to her desire to build wealth;

How working on her own money mindset limitations allowed Carolyn’s clinical work to blossom.

Are you on track to make 6-figures in your practice while having fewer than 20 sessions per week? If yes. Then you are probably one of our Lean In. MAKE BANK. Academy students. HIGH FIVE. If no, then I’m inviting you to join us in FEE WEEK. Go to www.heytiffany.com/feeweek

In this episode, we’re speaking with Uriah Guilford, a therapist who built a very successful group practice, his own private practice, and also went on to create a successful virtual assistant business called ProductiveTherapist.com that generates income even when he’s not working.

Uriah is now in a place where if he wants to create change, he has the time, the freedom, the financial ability, and the emotional and physical energy to actually go out and create a difference.

Uriah holds a special place in my heart from the time we met eons ago where we were both presenting at a Simple Practice conference in Santa Monica, California. The next time we met, I boldly demanded that he raise his fees to $200/session. HA! Be warned, if you ever hang out with me, I will interrogate you mightily.

I’m pleased to say, Uriah and I became fast-virtual buddies and he has inspired me so much by his willingness to constantly grow, learn and uplevel his emotional AND financial wealth.

In this episode we are going to hear about his private and group practice journey, along with how he created a company that generates passive income.

In this episode, Uriah will share:

How he went from starting a private practice without a business plan to deciding to charge premium fees (over time moving from $75 per session up to $200 per session);

How he created a successful group practice with 10 clinicians working within the business;

What led him to create TheProductiveTherapist, a virtual assistant company that serves other therapy practices;

The complex and nuanced feelings that come with being a “trailer park kid” to being financially free and mingling with people who have REAL wealth.

Resources mentioned:

Lean In. Make Bank.

WellnessFi

The Productive Therapist

More about Uriah:

Uriah Guilford, LMFT is the owner of Guilford Family Counseling and the mastermind behind The Productive Therapist, a business that provides amazing virtual assistants to therapy practice owners. He is a technology enthusiast, productivity nerd and a pretty rad drummer. Uriah is always searching for creative ways to provide counseling to youth and families as well as help therapists to get more done, while working less.

It's exhausting putting all the extra hours into your practice now so you can afford to live the life you love later. But what if you could overcome the fear of raising your rates while creating a schedule that works for you in order to live the life you love AS-uh-AP?

Join me today for my first interview with a psychologist consultant to find out how!

In this episode, we hear from Jeremy Sharp, group testing practice owner turned consultant. While he still owns his group practice, he also works with testing psychologists to build testing and assessment services in their own practices. We will talk about Jeremy's early days as a consultant and dive into his fears about charging higher fees, as well as how he overcame them, and how he learned to set the necessary boundaries to create a schedule that fits his life.

In this episode, Jeremy will share:

The what & why around his fear of raising his rates and how he overcame the fear;

How "What we do and the way we set our fees is modeling for whoever we work with." (Hello! SO important!);

The importance of focusing on your WHY when adjusting your practice to fit your life;

The reality of how much time is spent in the transition period when making changes to your practice (Spoiler!: it took 3-6 months for him);

The value of testing psychologists and why the should be charging accordingly.

You know what else will help you afford to live the life you love today? Saving $16,600 by working with a bookkeeper and tax specialist specifically serving private practices!

Don't be like me! Go to Wellnessfi.com/heytiffany and sign up today for your free consultation. **If you continue working with them, they'll even do 6-months worth of bookkeeping catchup for free!**

Links mentioned in this episode:

thetestingpsychologist.com

Wellnessfi.com/heytiffany

More about Jeremy:

Jeremy Sharp opened his private practice in Colorado in 2009. It was slow-going at first, but his practice exploded over night due to a change in the local university's policy involving ADHD medication. Jeremy scrambled to hire the best local grad students and trained them to conduct testing and evaluations. Thus began the long hours of running his busy private practice and spending less time with his family. Jeremy was burnt out and he had to make a change, and he did!

In 2017, he started his consulting business, The Testing Psychologist. Although he still has his private practice, Jeremy now also works with testing psychologist to build their testing and assessment services in their own practice. He takes the pain he experienced and his knowledge of mindset shifts and breaking down the numbers, to help testing psychologists overcome the same feelings of overwhelm and isolation.

You can check out Jeremy's business & find HIS podcast here.

In this episode, we’re speaking with Lauren Selfridge, a therapist in private practice, who is going to be talking about what it took for her to raise her fees and why she had to change her schedule. She actually found out on the verge of her private practice that she had MS, which really impacted how she went into private practice.

We're going to be talking about how Lauren created a private online practice that sustains her, that works for her, and allows her to live her dream life. She is living in two different countries and going back and forth. She can continue to work with the clients that she is passionate about serving and she has been able to creatively build a business. She has a podcast, This Is Not What I Ordered, and also does graphic design work, that allows her to give back.

In this episode, Lauren will share:

Her private practice journey, especially after being diagnosed with a chronic illness;

What led her to increasing her fees and how that journey occurred;

How she created a side business that allows her to give back;

What she thinks about making sustainable, consistent change in this current political, social and economic climate.

Resources mentioned:

Lean In. Make Bank.

WellnessFi

This Is Not What I Ordered

“Living Your Dream As You Build It” Workbook

More about Lauren:

Lauren Selfridge is the host of "This Is Not What I Ordered"--a podcast on full-hearted living with chronic illness and health challenges. In her psychotherapy practice, Lauren works with people living with chronic illness and couples. She loves helping clients nurture their spiritual and emotional development through unexpected challenges, and supporting them in building meaningful lives filled with joy, connection, rest, and creativity.