The Traveling Therapist Podcast

125. From Solo Practice to Freedom: The Journey to a Seven-Figure Therapy Business with Nicole McCance

Kym Tolson Season 1

In this episode, I sit down with Nicole McCance, a renowned business coach for therapists, to delve into the transformative journey from being a traditional therapist to a globe-trotting professional managing a group practice. Nicole shares her compelling story, revealing how the birth of her twins catalyzed her shift from a solo practitioner to creating a multimillion-dollar group practice that operates seamlessly without her constant oversight. The discussion pivots to practical strategies for therapists looking to scale their businesses, emphasizing the importance of automation and effective systematization to ensure a practice can thrive independently of its founder.

Nicole also unpacks the details of her Clinic Growth Map program, which has helped over 700 therapists achieve remarkable success. She offers actionable advice on how to prepare a therapy business not just for operational efficiency but for potential future sale, ensuring it can provide sustained revenue with minimal direct involvement. This episode is rich with guidance on harnessing digital marketing, leveraging AI, and building a practice culture that aligns with personal freedom and professional growth.

Key points:

  • Discover how Nicole McCance transitioned from a solo practice to leading a thriving group therapy business, paving the way for therapists to achieve independence and financial freedom.

  • Learn about the Clinic Growth Map program, which equips therapists with the tools to automate, scale, and potentially sell their practices while maintaining a high quality of life.

  • Gain insights into creating a successful therapy practice that supports a traveling lifestyle, emphasizing systematization, staff training, and maintaining a strong company culture through virtual platforms.



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 te

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Are you ready to take the plunge and become a Traveling Therapist? Whether you want to be a full-time digital nomad or just want the flexibility to bring your practice with you while you travel a couple of times a year, the Portable Practice Method will give you the framework to be protected! Get on the waitlist now: https://kymtolson.kartra.com/page/PP-Waitlist

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Sponsored by Berries: Say goodbye to the burden of mental health notes with automated note and treatment plan creation! www.berries.icu/therapists

Sponsored by Alma: Alma is on a mission to simplify access to mental health care by focusing first and foremost on supporting clinicians. https://helloalma.com/kym