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All Things Private Practice Podcast

Episode 15: Doing Things Differently — Pay What You Can [Featuring Tara Holmquist]

21 Feb 2022

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I'm sure most of you hear the phrases "charge your worth and scarcity mindset" all the time.Though I believe in getting paid for the hard work that we do, not all business models are the same.I talk with Tara Holmquist, a clinical psychologist in Wisconsin about her "pay what you can model" in private practice.Tara is an attachment-focused psychologist, meaning that everything is about the relationship and trusting the client's insight.Tara may be doing things differently than a lot of business owners and we discuss why this feels so unbelievably important for her. She believes that the client knows what works for them and that honoring this, it actually creates more trust and buy-in to the therapeutic process.We talk about the common misconceptions people may have about a business model like this including: How do you set your fees? Are you able to pay your bills?  How do you trust your clients to choose what they pay? What made you decide to run your business like this?  -------------------------------------------------------🎙️ Listen to more episodes of the All Things Private Practice Podcast here: www.allthingspractice.com/all-things-private-practice-podcast🎙️Spotify: atppod.com/spotify🎙️Apple Podcasts: atppod.com/apple🎙️Google Podcasts: atppod.com/google🗨️ Join the All Things Private Practice FB Community:  www.facebook.com/groups/privatepracticebuilding----------------------------A Thanks to Our Sponsor!I would also like to thank CPH & Associates for sponsoring this episode.This episode of the all things private practice podcast is being brought to you by CPH & Associates. CPH & Associates is a leading provider of malpractice insurance for outpatient mental health practices throughout the United States. With up-to-date legal resources and competitive rates, CPH can ensure your private practice against board complaints and malpractice lawsuits.CPH offers both individual and business entity coverage, which can protect your LLC or corporation. A business policy with CPH is tailored to meet the needs of your practice, providing options to add general liability to your office, business and personal property coverage, and cyber liability for data breach coverage. Policyholders, who also have access to our attorney helpline, are provided two hours of consultation with a malpractice attorney for situations with a client that could result in a claim or lawsuit.CPH has committed to providing exceptional customer service and superior coverage to mental health professionals. Protect your career and find peace of mind with CPH. Get a quote and apply at cphins.com/allthings.Mentioned in this episode:A Thanks to Our Sponsor, The Receptionist for iPad!I would also like to thank The Receptionist for iPad for sponsoring this episode. As you prepare for the new year as a private practice owner, one area of your business where you might be able to level up your client experience is from the moment that they enter your office and check in with you. For many private practices, the client check-in process can be a bit awkward and confusing. Clients often enter into an empty waiting room. And chances are you're wrapping up a session with someone else, so there's no way of knowing when they arrive. With a visitor management system like The Receptionist for iPad, you can provide clients with a

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