Why SLPs Choose Private Practice (Hint: It's Not What You Think)
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How can new SLPs start a private practice quickly and affordably?
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.
To download your free copy, please visit startyourprivatepractice dot com backslash roadmap to sign up. Now on to the episode. I'm embarrassed to admit this, but I used to think that the reason why SLPs went into private practice was because they were greedy and all about the money. But after helping over fifteen thousand SLPs build successful private practices, I realized that money isn't the primary reason why SLPs choose private practice, and the ones who are driven by earning more money are not coming at it from a place of greed, but something else altogether. On this episode of the Private Practice Success Stories podcast, I'm going to talk about the top reasons why SLPs choose private practice, and I wonder if these are reasons why you are also interested in pursuing private practice.
Stay tuned. I'm Jenna Castro-Kasbon, speech language pathologist, business coach, and creator of the Start Your Private Practice System. And I'm on a mission to turn stuck SLPs into successful private practitioners. If you're tired of dealing with high productivity requirements, high caseload sizes, and low pay, it's time to take control of your professional, personal, and financial life and finally get the freedom, flexibility, and financial abundance that you deserve by working with private clients in your own practice. Join me here each week as I share tips, best practices, and inspirational interviews on the Private Practice Success Stories podcast. If you're a private practitioner or one in the making, you're in the right place, so let's get started.
I've been helping SLPs build successful private practices since 2008, which is a long time ago by this point. And I estimate that I've helped over 15,000 SLPs start and grow their private practices.
What misconceptions exist about SLPs choosing private practice for money?
And after a while, I began to notice a pattern. Whenever I asked SLPs what was drawing them toward private practice, the following words, each of which coincidentally start with the letter F, kept coming up again and again. Freedom? Flexibility. And fulfillment. People want to have the freedom to be their own boss and also the freedom to make their own clinical decisions. The flexibility to choose their own hours so they can spend more time with their family or themselves and achieve more work-life balance. And also the fulfillment that comes from being able to truly help people and be the best clinician that you can be. So I started talking about the three F's, right? Freedom, flexibility, and fulfillment.
And that really resonated with people. Then one day I posted about the three F's on Instagram and Ruth Bass, who was a podcast guest in early 2020, and quick plug about Ruth, she shared her story about being in private practice for 19 years. It's a great episode. You should go listen to it. But anyway, she commented and said, Jenna, you're forgetting a really important F word. And Ruth is a really fun woman. She's a little salty in in a great way. So I braced myself. But she said that the fourth F is finances. Because yes, some people do go into private practice to make more money than they are able to at schools, hospitals, early interventions, or as an employee of someone else's private practice.
What are the three core “F” reasons SLPs pursue private practice?
And I want to start to take away the shame and the stigma of going into private practice to earn more money because the reality is that we all have bills to pay, mouths to feed, families to take care of, loans to pay, life events and purchases to save up for, and fun stuff to look forward to, like great vacations.
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Chapters
8 chapters
1
How can new SLPs start a private practice quickly and affordably?
0:00–2:53
2
What misconceptions exist about SLPs choosing private practice for money?
2:53–4:32
3
What are the three core “F” reasons SLPs pursue private practice?
4:32–6:34
4
How does financial gain factor into the decision to start a private practice?
6:34–7:44
5
Why is family considered a key reason for SLPs to go private?
7:44–10:00
6
How can private practice create more fun and lifestyle flexibility for SLPs?
10:00–11:38
7
How can SLPs identify their personal “why” to stay motivated in private practice?
11:38–13:37
8
When and how can listeners join the Start Your Private Practice program?
13:37–14:47
Speakers
1 identifiedMore from Private Practice Success Stories
She Spent 5 Years Too Scared to Start - Now She Has a 4-Room Clinic with Tiffany Fairdosi
She Started With Two Clients on the Side - Now She Has Nine SLPs and a Clinic with Samantha Taylor
From 2 Clients on the Side to Ready to Hire — Then She Decided She Didn't Want To with Bianca Gizzi Fusco
She Told Her Dad She’d Never Start a Private Practice - Now She Has a Successful Clinic and Growing Team with Sarah Landry
She Started at 26 With One Referral - Now She Has a Downtown Office and a 3-Year School Contract with Becca Vilsaint
She Didn't Hate Her Job BUT She Left to Start a Private Practice Anyway with Heather Danielkiewicz