Growing a group practice starts with your very first hire, but who should that person be? In today's episode, I sit down with Nicole McCance, and we get real about the mistakes that can make or break your expansion plans.

Nicole sold her group practice for multiple seven figures after scaling to 55 therapists in just three years! She shared why your first hire should be a "mini-you" who matches your therapeutic style and energy, ensuring clients get a consistent experience. We discussed real-life strategies for transitioning clients to new therapists, why couples therapists are revenue gold mines, and the best way to screen candidates. Plus, we explore why creating solid systems not only makes your daily operations smoother, but also significantly increases your group practice's value if you ever decide to sell.

If you're dreaming of working less while earning more in your therapy business, this episode is for you. Nicole's stories about her own hiring mistakes will save you tons of headaches and money!

More about Nicole McCance:

Nicole is a Psychologist (retired) turned Business Coach for therapists scaling to a group practice.  She expanded her private practice to 55 therapists and multiple 7 figures in 3 years (with toddler twins at home). Nicole sold her clinic in the 4th year and then retired as a Psychologist in her 5th year. She now teaches therapists how to help more people, make more money and have more freedom following her proven method. The McCance Method: https://mccancemethod.com/ 

Topics covered on Growing A Group Practice:

• Nicole's journey from solo practitioner to growing a group practice with 55 therapists.
• Why your first hire should be a "mini-me" who matches your energy, personality, and therapeutic modality.
• When to diversify beyond mini-me hires and how to use market data to guide these decisions.
• The screening questions you should ask potential hires before spending time interviewing them.
• How systems and consistent processes create safety for both clients and therapists.
• The financial value of documented systems and operations manuals when selling your group practice.

Connect with Nicole McCance:

• Podcast:  The Business Savvy Therapist Podcast
• Free Masterclass - How To Build A 7-Figure Group Practice: https://mccancemethod.com/webinar-free-masterclass-from-solo-to-superteam

Connect with Felicia:

• Get my freebie & join the email list: The Magic Sheets
• Instagram: @the_bad_therapist
• Website: www.thebadtherapist.coach
• Facebook group: Healing Money

Quote:

"In order for you to be a CEO, you have to let go of some of the clients 'cause you can't drive the bus and be in the bus seat at the same time." - Nicole McCance