Listen "Joe Sanok: Raising Your Private Practice Rates to Get To the 4-Day Work Week | EP 09"
Episode Synopsis
As a therapist, you give so much of yourself to your work and your clients, so you need to ensure that you protect your time and your energy. How can scheduling your weekends accordingly with some hard boundaries around work help you achieve that elusive work-life balance? What is a 4-day workweek and would you consider it? How can raising your rates help you free up more time? Today I speak with Joe Sanok about raising your rates in your private practice, how to enjoy your weekends and why the 4-day workweek can help you reinvent your time, giving you more freedom, ideas, and happiness – while also helping the world. MEET JOE SANOK Joe Sanok is the author of Thursday is the New Friday: How to work fewer hours, make more money, and spend time doing what you want. It examines how the four-day workweek boosts creativity and productivity. Joe has been featured on Forbes, GOOD Magazine, and the Smart Passive Income Podcast. He is the host of the popular The Practice of the Practice Podcast, which is recognized as one of the Top 50 Podcasts worldwide with over 100,000 downloads each month. Bestselling authors, experts, scholars, and business leaders and innovators are featured and interviewed in the 550 plus podcasts he has done over the last six years. Connect with Joe: LinkedIn Twitter Instagram Website Facebook IN THIS EPISODE: The importance of raising your rates and myths The internal inclinations and your rates Being paralyzed by perfection Taking care of your weekends The 4-day workweek The importance of raising your rates and myths Raising rates is something that many therapists struggle with. There are also many myths around raising your rates that should be dispelled so that you can feel confident in your Canadian private practice rates. Myth 1: Be similar to those in the community False. People in your community that are therapists, counsellors, and mental health practitioners are not doing the same work and receiving the same education as you are. You are providing a service that is specific to you. Myth 2: Inflation won't affect you as much False. Your cost of business goes up every single year, and for you to stay in business you need to adjust your prices slightly each year to stay afloat financially. The internal inclinations and your rates Curiosity: Top performers continue to maintain their curiosity. An outsider perspective: Top performers often distance themselves from the situation and observe a situation differently to spot the nuances. The ability to move on it: Top performers often value speed over accuracy and are not paralyzed by a fear of failure that stops them from trying something new. You need to start observing the three inclinations through the lens of raising your rates and ask yourself: Why have you not raised your rates in the past? How can you do this differently? Try it and give it a go. If it does not work, then you can always reduce it, but at least give it a try and adapt accordingly. Connect with me: Instagram Resources Mentioned and Useful Links: Ep 08: SEO, blogging, and social media for your private practice with Brighter Vision's Austin Kirkland The Testing Psychologist Podcast Joe Sanok's website Practice of the Practice website Sign up for my free e-course on How to Start an Online Canadian Private Practice Rate, review, and subscribe to this podcast on Apple Podcasts, Google Podcasts, Stitcher, Spotify, Amazon, and TuneIn.
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