How I Gave Myself a $24,000 Raise

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Private Practice Success Stories 16 min 1 speaker 8 chapters transcribed 7 hours ago
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What motivated the host to start a private practice and how did it begin?

Jena Castro-Casbon 0:00
Starting a private practice isn't what it used to be. Today's clinicians are starting private practices much quicker, easier, and cheaper than before. And they aren't guessing their way through it or getting stuck in analysis paralysis, they're following a tried and true roadmap in order to save time, money, and frustration. There is no reason to reinvent the wheel or struggle to figure out how to start a private practice on your own. We've helped thousands of SLPs and OTs through this process and now we want to help you too. For a limited time, I'm offering a free copy of our private practice roadmap, specifically for SLPs and OTs who are curious about private practice and want to see what the journey looks like.
Jena Castro-Casbon 0:44
To download your free copy, please visit startyourprivatepractice dot com
Unknown 0:48
backslash roadmap to sign up. Now on to the episode. All right, I want to tell you the story of how I
Jena Castro-Casbon 0:58
gave myself a $24,000 raise. So I'll never forget my first December working as a speech pathologist. I was on the phone heading home from work when my dad asked, What did you get for your Christmas bonus? And to be honest, it felt like a
Unknown 1:15
punch to the gut. Nothing, I said. Nothing, he said in
Jena Castro-Casbon 1:20
surprise. I said nothing. I don't think they do bonuses here. He was completely shocked and I kind of was too. As someone who works in corporate and is used to getting bonuses as part of his compensation package, he was so sad to hear that I wasn't getting one. You know, he knew that I worked really, really hard, and I was also sad to not be getting a raise. And one of the major reasons was because I was getting married in the next year, and I knew that I could really use some extra money to put toward the wedding fund. I was a new SLP and I didn't realize yet that most SLPs and OTs two don't get bonuses, right? That's just not part of the culture of our work, unfortunately. And this happens despite our level of expertise, right?
Jena Castro-Casbon 2:07
Despite how much we care about the clients we serve, and despite how hard we work for our clients, but on behalf of our employer. So a couple months later, I had an opportunity to start working with private clients. And I was 26 and I had recently completed my clinical fellowship. And I loved my patients. I loved my coworkers.

How did the first private‑client opportunity arise and what rates were set?

Jena Castro-Casbon 2:28
But the bureaucracy, the endless paperwork, and the limitations on the care that I could provide, and yes, the low pay, were starting to lean to the first signs of burnout. I didn't know what burnout was. I was so early in my career. Um, and they didn't have the term early career burnout back then. But all I knew was I was having regrets about the profession, which I absolutely loved, but I didn't really like how the job was set up. And frankly, it was around this time that something really cool happened, which is that two of my coworkers, we were having lunch one day and they started talking about their private practices. And I had no idea that they had private practices because I literally had no idea that you could have a private practice on the side of your job.
Jena Castro-Casbon 3:16
I literally thought you were either in private practice or you weren't. And I just didn't know that you could have a private practice side hustle. So they started talking about their practices and how they did not have a brick and mortar location, either of them. And again I was thinking like, what do you mean? I thought that you had to have a physical location for your private practice. And they both said, oh no, we're both mobile. We go see clients at their houses. And I was like I didn't know that that was a thing. And so they said, Jenna, do you want to see private clients? And I thought, Me? I'm only 26 and I haven't been at this for very long. Um, I could see private clients. And they said, well, has anyone ever asked you to treat privately?
Jena Castro-Casbon 4:04
And I said, well, yeah, a couple people have asked, but I've always said no. Um and so then they said, Jonna, you should say yes next time. So I called my dad, right? And uh he's his businessman. And when he knew that I was gonna go into speech therapy, he was really happy, first of all, because he was disfluent as a child.

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