Nate Hendrikse | Turning Financial Anxiety into Confidence for Private Practice | TPOT 345
The Practice of Therapy Podcast with Gordon Brewer
Release Date: 08/26/2024
The Practice of Therapy Podcast with Gordon Brewer
In this episode of The Practice of Therapy Podcast, Tiffany dives deep into the intricate relationship between anxiety and gut-brain interactions. She explains how anxiety can affect the gut in ways that aren’t always obvious, with some people experiencing clear GI issues, while others may have subtle gut disturbances without noticeable anxiety. Through relatable examples, Tiffany illustrates how thoughts, self-talk, and physical symptoms are interconnected, highlighting the bidirectional communication between the brain and the gut. Beyond the science, Tiffany also shares key insights for...
info_outline Encore: Jenn Fredette | The Private Practice Guide To Copywriting | TPOT 354The Practice of Therapy Podcast with Gordon Brewer
Do you need help with your private practice website? Jenn Fredette joins us to discuss the transformative power of strong copywriting and how it can elevate your online presence. When it comes to crafting compelling copy for your website, having a clear niche is crucial. By defining your niche, you can tailor your message to resonate deeply with your ideal client, making your marketing efforts more effective and targeted. Jenn Fredette, an expert in copywriting for private practices, shares valuable insights on refining your website’s copy to attract and engage the clients who are the...
info_outline Encore: Mike Michalowicz | Revolutionizing Hiring Practices in Private Practice | TPOT 353The Practice of Therapy Podcast with Gordon Brewer
In this episode of the Practice of Therapy Podcast, Mike Michalowicz dives into a transformative approach to the hiring process: recruiting workshops. Traditional interviews, as it turns out, have proven less effective than anticipated, with a mere 10% of candidates hired through this method turning out to be great performers within organizations. This often results in mishires and mismatches that hinder a company’s growth. We explore how recruiting workshops can revolutionize talent acquisition, elevate organizational success, and foster a paradigm shift in hiring, emphasizing unproven...
info_outline Encore: Kati Morton | Using YouTube and Social Media to Leverage Mental Health Information | TPOT 352The Practice of Therapy Podcast with Gordon Brewer
In this episode of The Practice of Therapy podcast, Gordon Brewer welcomes Kati Morton, a licensed therapist and YouTube sensation whose channel has become a sanctuary for many seeking mental health support. Kati’s journey is unique; she has not only provided education through her videos but also built a thriving online community. Her dedication to fostering a safe and supportive space has allowed individuals to feel connected and seen, even when traditional therapy may feel isolating. Listen in as Kati shares the behind-the-scenes of her YouTube channel, how she balances her online presence...
info_outline Encore: Lisa Mustard | Creating Podcourses in Private Practice | TPOT 351The Practice of Therapy Podcast with Gordon Brewer
In this episode, Lisa Mustard, a seasoned Licensed Marriage and Family Therapist (LMFT) with over 15 years of experience, opens up about her journey through burnout, rediscovery, and the pursuit of purpose. Lisa shares a relatable story of feeling drained by the demands of her high-pressure job, balancing family life, and maintaining self-care, leading her to question her future in the field of therapy. She recounts a pivotal moment at the Lowcountry Mental Health Conference that sparked her curiosity about how continuing education (CE) could better engage younger, tech-savvy therapists. This...
info_outline Navigating Grief While Keeping My Private Practice Afloat | TPOT 350The Practice of Therapy Podcast with Gordon Brewer
In this deeply personal and poignant episode of the Practice of Therapy Podcast—episode 350!—Gordon shares his journey through grief after the loss of his wife. As a mental health professional and former funeral director, Gordon has unique insight into the complexities of grief, but facing it himself has brought him to a new understanding of its overwhelming reality. This episode is a raw, honest reflection on navigating personal grief, the necessity of self-compassion, and the importance of allowing oneself to pause in the midst of unimaginable pain. If you’ve ever experienced loss or...
info_outline Donny Frank | The Making of a Dynamic Duo in Private Practice | TPOT 349The Practice of Therapy Podcast with Gordon Brewer
Tune into Donny's episode of the Practice of Therapy Podcast to explore profound insights on building resilient and fulfilling marriages. In this enlightening discussion, Donny reveals that while marriage inevitably comes with challenges, choosing the right partner sets the stage for overcoming these obstacles together. He tackles pressing issues like the rise of fractured families and the growing trend of self-centeredness, highlighting how these factors can undermine relationship health. Donny advocates for a shift from a self-focused approach to one centered on giving and understanding,...
info_outline Julie Herres | How to Build a Profitable Group Practice: Compensation and Beyond | TPOT 348The Practice of Therapy Podcast with Gordon Brewer
In this episode of The Practice of Therapy Podcast, guest Julie Herres brings invaluable insights into the critical role of compensation in group practices. Julie highlights how compensation is often the largest expense in a group practice and underscores its importance for the overall financial health of the business. Many practice owners, she observes, make compensation decisions without sufficient thought, often relying on others’ advice or social media rather than tailoring their approach to their unique business needs. Julie argues that profitability is essential for the survival and...
info_outline Maureen Codispodi | Beyond Barriers: Low-Fee Counseling Programs in Remote Communities | TPOT 347The Practice of Therapy Podcast with Gordon Brewer
In this episode of The Practice of Therapy Podcast, host Gordon Brewer welcomes Maureen Codispodi, a passionate advocate for accessible mental health services in Canada. Maureen discusses the growing acceptance of online therapy, particularly in the wake of COVID-19, and highlights the unique challenges faced by those in remote communities. She shares how her organization is addressing these challenges through innovative pricing structures and the launch of a low-fee counseling program that leverages the expertise of practicum students. Maureen also delves into the importance of creating a...
info_outline Aaron Mallory | Empowering Change: Strategies for Sustainable Mental Health Services | TPOT 346The Practice of Therapy Podcast with Gordon Brewer
This episode is all about Aaron Mallory’s innovative approach to mental health services and organizational efficiency; he demonstrates his commitment to both community support and business growth. By establishing his organization as a nonprofit, he leverages grants to fund comprehensive wraparound services, including a clinical workforce program combining therapy with work experience. His focus on delegation and infrastructure investment has driven significant growth. With an entrepreneurial and analytical mindset, Aaron balances business processes with client-centered care. His venture, "My...
info_outlineIn this episode of the Practice of Therapy Podcast, Nate emphasizes the importance of understanding your practice's financial health, or "financial story," to reduce stress and uncertainty. He highlights the common issue of relying on intuition instead of accurate data for financial decisions. Nate offers practical steps for therapists, who often lack financial training, to manage their finances confidently. He introduces a simple monthly process: reviewing profit and loss statements and cash flow reports to establish a financial baseline, analyzing clinician metrics for profitability, and creating a comprehensive dashboard to track key metrics. This approach helps practice owners transition from financial anxiety to a clear, data-driven understanding of their financial health, enabling better decision-making and planning.
Meet Nate Hendrikse, Profit First Professional, QuickBooks ProAdvisor:
Nate Hendrikse does not like math, but he does love finance, accounting, and helping practice owners find their financial story. He is the owner and founder of Navigator Bookkeeping and spends most of his days speaking with private practice owners about their practice's financial story. His favorite things are seeing practice owners move from cash flow stress to cash flow confidence, profitable practices, and tax savings accounts.
Resources Mentioned In This Episode:
- Read the full show notes here
- Gusto: Earn $100 when you run payroll
- Use the promo code "GORDON" to get 2 months of Therapy Notes free
- Start Consulting with Gordon
- Send me the FREE Podcasting Roadmap PDF
- The PsychCraft Network
- The Practice of Therapy Community
- Mental Health Wear
- Navigator Bookkeeping
- Nate on Facebook
- Nate on LinkedIn
- Free Clinician Profitability Session - 45 Minutes with Nate to do a deep dive on how you pay your clinicians, whether your pay structures are profitable, and/or whether the different locations of your practice are profitable
- Clinician Profitability Tool
- Email: [email protected]