The Private Practice Success Podcast

70. How Much Should I Pay Myself as the Practice Owner?


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In Episode 70, Gerda tackles a question so many practice owners wonder about but almost nobody talks about out loud: How Much Should I Pay Myself as the Practice Owner…? 

This episode was sparked by a brave (and very real) question Gerda was asked recently and while it can feel uncomfortable to talk about, it's a very important conversation to have. 

In this insightful conversation, Gerda shares what she’s seen practice owners pay themselves in the real world, why owner pay is often the first thing to disappear when margins get tight, and the key variables you need to consider so you can pay yourself in a way that’s sustainable, without sacrificing your team, your clients, or your future.

In this Episode, you will learn (among others):

  • What practice owners are actually paying themselves right now, and why the range is far wider than you might expect.
  • The key variables that should shape your pay, and why it shouldn’t depend on your clinical caseload.
  • The two main ways practice owners can pay themselves.
  • A simple but powerful way to benchmark your pay, including how Gerda personally determines her own pay..

Who This Episode Is For:

  • Practice owners who are unsure about what’s a normal or appropriate owner’s pay.
  • Group practice owners carrying financial pressure, team responsibilities, and risk, but not seeing the reward.
  • Anyone who wants to build a practice that’s sustainable for the whole trifecta: you, your team, and your clients.

Tune in for a candid, grounding conversation that will help you think clearly about owner pay and make decisions that support a practice you can’t stop smiling about 

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Connect with Private Practice Success & Gerda here:

  • Would you like Gerda's help in growing your practice? Step 1 is to complete this short form HERE. Gerda will personally go through your answers and will respond asap. 
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  • Email Gerda directly at [email protected]
  • Order your hard copy of Gerda's book, The 7-Figure Practice HERE.
  • Ready to work with Gerda? Send in your details HERE and she will be in touch.
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The Private Practice Success PodcastBy Gerda Muller