How to Design Your Business to Fit Your Lifestyle | GP 40

How to Design Your Business to Fit Your Lifestyle | GP 40

Are you interested in structuring your business around your daily life, instead of constantly stretching your life around your business? What are some practices you can do to take back your time? How can you make impactful changes to your mindset about working alongside your practice?

In this podcast episode, Alison Pidgeon speaks about how to design your business to fit into your lifestyle.

In This Podcast

Summary

  • You need to be intentional
  • Writing down your business and personal goals
  • Writing down different distractions and how much time they take
  • The money-part

You need to be intentional

In the beginning, when you are setting up your group practice, you need to be intentional with the direction in which you want it to move, otherwise, your practice will start to run you instead of you running it.

If you don’t ever stop and think about what you want your business to actually be and how that actually fits into your life, you might just be working all the time, you’re working hours you don’t want to work, you’re missing out on stuff with your family – so we just want to be really intentional with helping people think about how do you want to design your business so that it works for your personal life.

This might mean:

  • Being done by 3 pm to pick up your kids
  • Or work virtually at the beach during the summer

If you do not have freedom of time, then working hard at being an entrepreneur may not feel as worth it.

Writing down your business and personal goals

When you own your own group practice, these two goal-streams can often overlap.

  • Write down your business goals and then write down your personal goals, and do not censor yourself. Just focus on writing it all down without restriction to get everything on paper so that you can visualize it all.
  • Do not worry yet about how – just write it all down.

Writing down different distractions and how much time they take

Do a time study or a time audit and see what things you do and how much time you spend doing them. Focus on the things that you go on autopilot on and do without being aware of it.

When you do your time audit, you can use a pen and paper or a digital system and evaluate it yourself to see where your time goes. Observe the little pockets of time that you could utilize in between the things you do in a day.

The money-part

It does boil down to the time and money ratio. You can write down your money expectations or goals and write down an estimate of how much these goals would cost you, and compare that to the income you receive from your practice to see how much or little you need to shift things to bridge that gap. You might not be as far away from your goals as you think you may be.

Books mentioned in this episode

Useful Links:

Meet Alison Pidgeon

A portrait of Alison Pidgeon is shown. She discusses ways to grow your group practice on this week's episode of Practice of the Practice. Alison is a serial entrepreneur with four businesses, one of which is a 15 clinician group practice. She’s also a mom to three boys, wife, coffee drinker, and loves to travel. She started her practice in 2015 and, four years later, has two locations. With a specialization in women’s issues, the practices have made a positive impact on the community by offering different types of specialties not being offered anywhere else in the area.

Alison has been working with Practice of the Practice since 2016. She has helped over 70 therapist entrepreneurs start and grow their businesses, through mastermind groups and individual consulting.

Thanks For Listening!

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