February 14, 2025

153FF: Facing Fear and Building Confidence in Your Private Practice

12 minutes

Are you transitioning to a private pay model and feeling overwhelmed by the financial side of things?

In today’s Feelings and Finances episode, Linzy addresses a question from Nick, a therapist who recently made the switch from an insurance-based practice to private pay. Nick shares her struggles with fear and self-doubt, feeling unsure about her ability to succeed in this new model and grappling with the emotional weight of needing more clients and money.

Linzy discusses the emotional and strategic aspects of building a private pay practice, including how to navigate the fear of not being good enough, the challenge of asking for more, and how to weather the uncertainty that comes with the shift. She also shares practical tips on how to take grounded actions in marketing and client acquisition, helping Nick build her practice in a way that feels aligned with her values.

If you’re a therapist navigating similar transitions, tune in to hear Linzy’s practical insights on how to build confidence, manage negative beliefs, and grow a thriving private pay practice. This episode will help you gain clarity and the confidence to keep moving forward in both your personal and professional life.

For a full transcript of the episode and much more, check out the blog post on our website! https://moneynutsandbolts.com/?p=16870

To watch a video version of this, check it out on YouTube: https://youtu.be/H2hBeOrUcv8

Have a question for Linzy?

You can easily submit your question directly to Linzy’s SpeakPipe inbox.

Just click the “Start recording” button, allow the use of the microphone if needed and press “Stop” when you’re done. Fill in your name (yes, you can use an alias) and your email address. It will take you less than 2 minutes, promise!

Want to feel calm and in control of your finances? Connect with us!

Subscribe to our YouTube channel: https://www.youtube.com/@moneynutsandbolts

Listen to the Money Skills for Therapists Podcast on your favourite app: https://moneynutsandbolts.com/podcast/

Follow Linzy on LinkedIn: https://www.linkedin.com/in/linzybonham/

Want to work with Linzy?

Check out the FREE masterclass, The 4 Step Framework to Getting Your Business Finances Totally in Order, where you'll learn the framework that has helped hundreds of therapists go from money confusion and shame to calm and confidence, as well as the three biggest financial mistakes that therapists make. At the end, you'll be invited to join Money Skills for Therapists and get Linzy's support in getting your finances finally working for you. Click here to find a masterclass time that works for you!

https://moneynutsandbolts.com/masterclass-signup/

Mentioned in this episode:

Check Out Relay for Business Banking

Stay calm and in control of your private practice finances when you sign up with Relay, my go-to online banking and money management platform. Plus, if you use my link, you’ll get a $50 sign up bonus once you fund your account.

*Sign Up for Relay

Learn More about My FREE Workshop, How to Run a Successful Group Practice

Ready to stop stressing about your group practice finances, and instead become the empowered financial leader that your practice needs?

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