The Group Practice Exchange

Episode 235 | The Top 10 Mistakes That I've Made as a Group Practice Owner


Listen Later

Have you ever wondered what mistakes you might be making in your group practice? I'm no stranger to the challenges that come with running a group practice. Trust me, I've made my fair share of blunders along the way. In this episode, I get real with you about some of the less glamorous sides of group practice ownership as I share the top ten mistakes that I've made as a group practice owner. I also tell you all about the insights and lessons I've learned so you can sidestep these common pitfalls. Here are some of the key topics I dive into:
  • The importance of having clear systems and processes in place
  • Learning to delegate and not micromanage your team
  • The significance of consistent and effective communication
  • Understanding the financial aspects of running a group practice
  • Recognizing the value of investing in your staff's development
  • Navigating the complexities of marketing a group practice
So if you want to learn from my experiences (the good, the bad, and the ugly), then this episode is a must-listen. I promise it's packed with value and maybe even a few laughs at my expense. My hope is that by sharing my own missteps, you'll be able to navigate the management of your group practice with greater confidence and success. Because on our leadership journey, we'll all make mistakes, but it's how we learn from them that truly counts. Thanks for listening! Like what you heard? Give us 5 stars on whatever platform you're listening from. Need extra support? Join The Exchange, a membership community just for group practice owners on our website www.thegrouppracticeexchange.com/exchange. Talk to you next time! Resources mentioned in this episode: Book - Radical Candor by Kim Scott Book - Traction by Gino Wickman Connect with Maureen Werrbach & The Group Practice Exchange: Website Facebook Instagram LinkedIn This episode is sponsored by TherapyNotes. TherapyNotes is an EHR software that helps behavioral health professionals manage their practice with confidence and efficiency. I use TherapyNotes in my own group practice and love its amazing support team, billing features, and scheduling capabilities. It serves us well as a large group practice owner. Do you ever wish for a financial therapist who could relieve you from the last few months of bookkeeping, talk you off the edge when you're running into issues with Quickbooks, or help you work through a profit plan for growth? GreenOak Accounting does just that! GreenOak Accounting is an accounting firm that specializes in working with group practices. Their value goes WAY beyond bookkeeping; they can help you get on track for financial success. Schedule a free consultation by going to http://greenoakaccounting.com/tgpe
...more
View all episodesView all episodes
Download on the App Store

The Group Practice ExchangeBy The Group Practice Exchange

  • 4.7
  • 4.7
  • 4.7
  • 4.7
  • 4.7

4.7

90 ratings


More shows like The Group Practice Exchange

View all
Therapist Uncensored Podcast by Sue Marriott LCSW, CGP & Ann Kelley PhD

Therapist Uncensored Podcast

1,394 Listeners

The Goal Digger Podcast | Top Business and Marketing Podcast for Creatives, Entrepreneurs, and Women in Business by Jenna Kutcher

The Goal Digger Podcast | Top Business and Marketing Podcast for Creatives, Entrepreneurs, and Women in Business

12,071 Listeners

The Modern Therapist's Survival Guide with Curt Widhalm and Katie Vernoy by Curt Widhalm, LMFT and Katie Vernoy, LMFT

The Modern Therapist's Survival Guide with Curt Widhalm and Katie Vernoy

242 Listeners

Light Up The Couch by Clearly Clinical

Light Up The Couch

338 Listeners

Notice That by Jen Savage and Bridger Falkenstien

Notice That

308 Listeners

Productive Therapist Podcast by Uriah Guilford, MFT

Productive Therapist Podcast

32 Listeners

Practice of the Practice: Grow a Group Practice Podcast by Practice of the Practice Network

Practice of the Practice: Grow a Group Practice Podcast

39 Listeners

Dear Therapists with Lori Gottlieb and Guy Winch by iHeartPodcasts

Dear Therapists with Lori Gottlieb and Guy Winch

2,348 Listeners

Therapy For Your Money by Julie Herres

Therapy For Your Money

49 Listeners

Ask Lisa: The Psychology of Raising Tweens & Teens by Dr. Lisa Damour/Reena Ninan

Ask Lisa: The Psychology of Raising Tweens & Teens

103 Listeners

Good Inside with Dr. Becky by Dr. Becky Kennedy

Good Inside with Dr. Becky

4,531 Listeners

Financial Feminist by Her First $100K

Financial Feminist

6,390 Listeners

We Can Do Hard Things by Treat Media and Glennon Doyle

We Can Do Hard Things

41,514 Listeners

The Mel Robbins Podcast by Mel Robbins

The Mel Robbins Podcast

20,249 Listeners

The Business Savvy Therapist: Marketing, Hiring & Systems to Grow and Scale Your Therapy Practice by Nicole McCance

The Business Savvy Therapist: Marketing, Hiring & Systems to Grow and Scale Your Therapy Practice

73 Listeners