In this session of the Practice of Therapy Podcast, Gordon has a conversation with Jane Carter, LPC about “Money Mindset” and how it can affect us in our private practices. Jane talks about the importance of having an abundance vs. scarcity mindset in being able to overcome some of our fears about money and what to charge clients.
Meet Jane Carter
Jane Carter, LPC is a counselor and coach who is committed to helping therapists have more money, fun, and freedom in their practice. She focuses on a mix of both strategy and mindset to help private practitioners feel inspired in their work, to use their creativity, and to successfully balance the roles of clinician & entrepreneur. Jane is the founder of Brew Your Practice coaching and events, and is a speaker, writer, world-traveler, coffee-shop connoisseur, and local-craft-beer-snob. She can be reached at www.BrewYourPractice.com and www.JaneCarterCounseling.net.
“It’s a powerful mindset shift…to not think of it as ‘spending money’, but think of it as ‘investing in your practice’…”
“You can not give OR receive with a closed hand…”
“Scarcity is another word for fear…”
“Going into private practice is this leap into a realm of being independent and on your own. It is only natural to have some fear associated with it…”
“Most of us went into this field because we care about people and are purpose driven…Shifting into business and money making mode can feel really strange… ”
“It is so important to recognize the value of what you do…”
“This is very deep and spiritual work that we do…”
“When you step out in abundance, things to roll, things start to happen…”
Sometimes we can grow up with some “money shame” that is a deep part of our family or origin. This is especially true if we grow up in a culture of scarcity vs. abundance. As Jane said, “scarcity is another word for fear”.
When setting our fees it is important to set your fees at a place that reflects the value of what we do. What we do in therapy has a great deal of worth. We should set our fees and charge what we are worth.
Launching a private practice does take courage and a willingness to put yourself out there and be vulnerable. That is why it is important to know yourself well and understand your relationship with money.
What we have to offer people in our profession is very valuable. Again as Jane said, “it’s like doing brain surgery without a knife…” People are entrusting us with their inner worlds. That’s important stuff and of value. Not only the value of what we offer, but the value of our client’s lives.
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Meet Gordon Brewer, MEd, LMFT
Gordon is the person behind The Practice of Therapy Podcast & Blog. He is also President and Founder of Kingsport Counseling Associates, PLLC. He is a therapist, consultant, business mentor, trainer and writer. PLEASE Subscribe to The Practice of Therapy Podcast on iTunes, Stitcher and Google Play. Follow us on Twitter @therapistlearn and Pinterest “Like” us on Facebook.