Episode 109: Fee Setting for Therapists Through a Lens of Overcoming Industry Conditioning (with Erin Gibb)

While setting your fees may seem like an impossible and emotional feat, today's guest takes the task and turns it into a formula you definitely want to try! Julie's chatting with Erin Gibb, a jack of all trades in the therapy world, about how setting your fees needs to start with you in mind first.

Erin Gibb is a therapist, clinical supervisor, group practice owner, Therapist Fulfillment coach, podcast host, and early adopted of the weird and wonderful that accelerates expansion. She created Therapist Expanded after years of mentoring clinicians and seeing how deeply the industry conditioning of self-sacrifice, over-responsibility, and liability fear goes, and how courageously living from the source of our dreams and desires incites mental health revolution. As a Therapist Fulfillment Coach, she offers experimental containers designed to unearth and clarify your deepest dreams, visions, and strategies, so you can live life truly fulfilled.

EPISODE HIGHLIGHTS

• How do you recommend a therapist initially set their fees?
  • Setting a "thrive fee" is the goal - what you actually need to make in order to thrive
  • Once you have a "thrive fee", you can work backwards within your marketing to make adjustments as needed
• Setting your fee doesn't just include day-to-day expenses
  • It's important to take in to account other expenses like taxes, savings, emergencies, etc. and build that into your fee as well
  • This is when it's important to collaborate with an accountant or tax professional

LINKS & RESOURCES
GreenOak Accounting - www.GreenOakAccounting.com
Therapy For Your Money Podcast - www.TherapyForYourMoney.com
Profit First for Therapists - www.ProfitFirstForTherapists.com
Profit First Academy - www.ProfitFirstForTherapists.com/Academy
Erin Gibb - www.TherapistExpanded.com