Wise Practice Podcast

Poverty Gospel or Prosperity Gospel: How to Steward your Finances with Jamal Jones | WP64


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The Balance between Prosperity Gospel and Poverty Gospel in Therapy Practice

Welcome to the Wise Practice Podcast. In this episode, we will be talking about the Poverty gospel and the prosperity gospel. Your mindset makes a difference in how you run your business and practice therapy. Whitney and Jamal discuss the importance of commitment, both financial and emotional, from therapy clients and how it correlates with their transformation journey. Jones also shares his interest in supporting fellow therapists with his entrepreneurial coaching platform called, Purpose Driven Therapist.

  • 02:35 Reflections on Personal and Business Goals
  • 04:47 Invitation to Collaborate and Grow Together
  • 05:12 Discussion on Private Practice Goals
  • 06:34 Invitation to Consult and Improve Your Practice
  • 07:51 Introduction to the Interview with Jamal Jones
  • 09:53 Exploring the Prosperity Gospel and Poverty Gospel
  • 10:14 Jamal's Personal Journey and Influence of Faith
  • 17:28 Transition from Traditional Therapy Model to Therapy Packages
  • 19:00 Advice on Setting Fees and Income Goals
  • 20:58 Experience with Raising Rates and Client Retention
  • 22:17 Changing the Payment Model: Introduction to Therapy Packages
  • 22:43 The Challenges of Traditional Therapy Sessions
  • 23:22 Introducing the New Therapy Packages and Their Value
  • 24:12 The Importance of Valuing Transformation Over Time
  • 24:57 The Shift in Mindset: Trading Dollars for Hours
  • 25:28 Client Reactions to the New Package Model
  • 28:38 Learning from Mistakes: The Importance of Deposits
  • 29:37 The Power of Vulnerability in Business
  • 30:18 The Role of Faith in Mental Health Entrepreneurship
  • 31:24 The Importance of Appropriate Fees and Practice Policies
  • 35:34 The Value of Client Commitment in Therapy
  • 39:09 The Role of Coaching in Helping Therapists with Mindset
  • 41:46 Closing Remarks and Contact Information
  • 44:42 Podcast Closing and Legal Disclaimer
What is Alma, and How Can It Help You?
  • Alma - Your private practice support system. Alma offers clinicians the opportunity to join their insurance program, providing benefits such as getting credentialed within 45 days and enhanced reimbursement rates with major payers. 

Guest Resources
  • Central Valley Christian Counsel Therapy Practice

  • LinkedIn

  • Facebook 

  • The Purpose Driven Therapist - mention the Wise Practice Podcast for 10% off services. Contact the webpage for more information

Links and Resources
  • Learn More about Whitney Owens Consulting

  • Connect with Whitney Ownes on Instagram

  • Connect with Whitney Ownes on Facebook

  • Check the podcasts on the PsychCraft Network: PsychCraftnetwork.com 

Podcast Production and Show Notes by Course Creation Studio

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Wise Practice PodcastBy Whitney Owens

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