Selling the Couch

348: Could Keeping Your business Small Be the Next BIG Thing? with Melvin Varghese, PhD

10.12.2023 - By Melvin Varghese, PhDPlay

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Two questions confront me daily: How big do I actually want to grow STC? What is the purpose of STC in relation to my overall life? Freedom is my most important value, and building my business around my life, family, and health is most important to me. Not every entrepreneur has the same goals, but these are questions for every entrepreneur to consider. Let’s take a closer look in today’s session! You’ll Learn:How I was compromising to fit life around my business instead of optimizing the business to fit the life I wanted5 key concepts I learned from Paul Jarvis in his book, Company of One:Companies of one reject limitless growth.We should set firm growth limits to keep opportunity costs small.Companies of one are okay with limited success.More profits mean more productivity, sales, customers, and infrastructure to manage.Develop your business out of a side gig.Your business needs time to incubate and grow so you can devote yourself to it full time.Target a specific audience to find your niche.The more specific your target is, the easier it is to connect, build trust, and distinguish your audience’s needs.Embrace the power of simplicity and personality.Amplify your uniqueness by sharing your most powerful asset: yourself and your personality. 

Resources: Want to launch your online course? Please check out our free 7-Day Course Creator Starter Kit For Therapists: https://sellingthecouch.com/coursekit Looking to launch a successful podcast? Please check out our free "Using Podcasting To Grow Your Business" workshop for therapists: https://sellingthecouch.com/podcastingworkshop Mentioned in this episode: Thrizer Thrizer can help private pay therapists transform out-of-network therapy into an in-network experience to help you attract and retain private pay clients!

First, Thrizer can help you instantly verify your client's out-of-network benefits ahead of their first session using Thrizer's free Instant Benefits Calculator.

Then, just by charging clients via Thrizer's payment platform, you can automatically submit claims for them and even let your clients just pay their co-insurance for sessions (similar to in-network copays) to help them afford therapy upfront and skip the reimbursement wait post-deductible.

Thrizer covers the rest of your fees upfront and waits for reimbursement on their behalf! They also have a Superbill Uploads feature if you'd like to instead offer your clients a resource to manage their own superbills. They manage all claims end-to-end so you or your clients don't need to deal with any of the insurance stress.

Please visit the Thrizer link below and enter the promo code “STC” and receive waived fees for your first $2500 in charges. Learn More About Thrizer

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