Patrick Martin
Patrick Martin
How To Scale A Group Therapy Practice To One Million Dollars-With Soribel Martinez
How To Scale A Group Therapy Practice To One Million Dollars-With Soribel Martinez
How To Scale A Group Therapy Practice To One Million Dollars-With Soribel Martinez
Wednesday 13th March 2024
Learn how to scale your therapy practice to a million dollars with expert tips from Soribel Martinez on The Mental Health Toolbox Podcast.
49 minutes
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About this podcast
Author:
Patrick Martin
Overview:
Categories:
Mindfulness & Emotional Wellbeing
Sobriety Toolkit
Healing from Sexual Trauma
Mindfulness & Technology in Health
Healing Relationships
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Episodes:
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Get the buttons here!Scaling Your Therapy Practice: Soribel Martinez's Million-Dollar Framework
Episode Overview
- Shift from therapist mindset to CEO mindset.
- Identify key hires like CPAs and HR experts.
- Implement systems and support for efficiency.
- Delegate tasks to focus on high-level decisions.
- Create diverse revenue streams like group therapy and courses.
We need to leave the therapeutic share for a little bit, and we have to become the CEO of our businesses
Ever wondered how to transform your solo therapy practice into a million-dollar business? In this episode of The Mental Health Toolbox Podcast, host Patrick Martin sits down with Soribel Martinez, a licensed clinical social worker, MBA, and CEO, to reveal her strategies for scaling a group therapy practice. Soribel shares her journey from being a school social worker earning $100,000 a year to building a multi-million dollar private practice.
She highlights the importance of shifting from a therapist mindset to a CEO mindset and emphasises the need for a strong support system and effective business strategies. Soribel dives into her specialised framework for exponential growth, discussing key hires like CPAs, HR experts, and marketing managers. She also touches on the significance of having systems and support in place to free up time and focus on high-level business decisions.
Soribel’s approach isn’t just about making money; it’s about providing more services to the community and ensuring that therapists are well-compensated for their work. Patrick and Soribel explore the challenges therapists face when trying to scale their practices, from managing finances to hiring the right team members. Soribel offers practical tips for overcoming these obstacles, including the necessity of delegating tasks and trusting others to handle various aspects of the business.
She also discusses the importance of having a diverse range of services, such as group therapy, courses, and coaching programmes, to create multiple revenue streams. If you’re a therapist looking to grow your practice or simply curious about the business side of therapy, this episode is packed with valuable insights and actionable advice. Tune in to learn how you can take your practice to the next level and make a bigger impact in your community.