Private Practice: What Does It Take To Be Successful? A Business Paradigm

therapy practice business

 

therapy practice business

Being a well-trained and ethical counselor is the foundation for being successful in private practice.  While competence is essential, you also need to challenge yourself to think outside of your “helper” training.  But “just” being a good counselor doesn’t mean you will make it in private practice.  You need to challenge your belief system in order to see yourself as a businessperson.

As a counselor in private practitioner, you must think of yourself as the CEO of your own corporation.  Not only do you need to make good clinical decisions, you also need to make good business decisions.  Making business decisions inherently involves some risk, and risk taking has a tendency to make us feel uncomfortable.  However, if your professional aspirations include private practice, you will need to deal with feeling uncomfortable on occasion.  Feeling uncomfortable may come from competing with other mental health professionals, ensuring collection of your fees, justifying to a managed care company why they should pay you, promoting yourself to the public, public speaking, or other ways of demonstrating the confidence you have in your own abilities.  On the plus side, being uncomfortable will make you a better businessperson.

As a counselor in private practice, you will need to think of yourself as an entrepreneur.  An entrepreneur, as defined by Webster’s Dictionary, is someone who “organizes, manages and assumes the risks of a business or enterprise. Rather than seeing obstacles and threats to starting your practice, look for ways to practice better, smarter and more efficiently, with an eye on the bottom line.

As a counselor in private practice, you will need to think of yourself as a consultant.  You are an expert in human behavior and relationships.  These skills apply not only to clients and their families in your office, but also to business, industry, organizations and institutions.  Anywhere people interact with each other there is a potential need for your services.

As a counselor in private practice, you will need to think of yourself as a marketer. Interactions with others are always good opportunities to promote yourself.  You can promote yourself by attending a school staffing on a client, making appointments with potential referral sources, offering to give a speech at a gathering, or advising a managed health care company of your specialties and that you have evening and weekend appointments available.  You need to seize every opportunity to promote yourself and your services.  If you do not self promote, another counselor will.

As a private practitioner, you will need to think of yourself and your practice in terms of diversification.  It is rare these days to make a satisfying living from a traditional office practice.  Generally, it takes multiple “income streams” to have a thriving practice. Income streams such as part-time employment at an agency or school,  providing EAP services, teaching, writing, lecturing, consulting, supervising, coaching, or sub-leasing your office space.  Be cautious of  putting of all your eggs in one basket.

Lastly, as a counselor in private practice, you will need to clarify your vision.  Is it a limited practice (never say part-time) where you will see a few clients per week in the evenings and on Saturdays while maintaining full-time employment elsewhere?  Or do you envision a full-time private practice, seeing over 25 clients per week while maintaining multiple income streams?  Or perhaps, the owner of multi-disciplinary outpatient clinic? How are you going to get there if you don’t know where you want to be? Steven Covey once said, “Begin with the end in mind”.  Your vision can either help you succeed or limit your potential.

Hopefully, we have challenged you to remove that “helper hat” for a while and try on some business hats that may feel unfamiliar at first, but that will grow to fit you well over time.  Just as your approach to private practice needs to be diverse, so does the way you think of yourself.  Rest assured that you can wear all of the hats described above and still be a compassionate counselor; these qualities are not mutually exclusive.

 

 

Norman C. Dasenbrook, MS, LCPC is a Licensed Clinical Professional Counselor who has over 32 years experience in the fields of mental health, consulting, teaching, business and alternative dispute resolution processes. Norm is Past President of the Illinois Mental Health Counselors Association, served on the Governing Council for Illinois Counseling Association and winner of the Distinguished Service Award. Norm and Bob Walsh present their highly successful workshop, “How to Start a Successful Private Practice” four times a year as a revenue-funding source for the state organization. Norm has extensive experience consulting for businesses, industry, and health care. Lecturer, teacher and consultant to a number of corporations, Norm is a clinician who maintains a private practice in individual, marriage and family counseling in Rockford, Illinois. Contact him through his website: http://www.counseling-privatepractice.com

 

 

 

 

 

3 Comments

  • Great article! It took me a while to think of myself as a small business owner, with all the risks, benefits, and excitement of owning my own company. Opening up a private practice is the best thing I’ve done, career wise.

  • Norman,
    What a great (informative) article! I agree completely; your vision of the roles we need to wear in a private practice reminds me of The E-Myth Revisited where Gerber reminds us that we need to acquire the hats of Entrepreneur, Manager, AND technician (therapist). Diversifying is essential and I appreciate how succinctly and creatively you described it.
    Thank you!

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