The Traveling Therapist Podcast
Hi, I'm Kym Tolson, and I'm the traveling therapist. It's my passion to teach therapists how to navigate online private practices and multiple income streams so they can travel the world. I'm a digital nomad. With a virtual insurance based private therapy practice and a multi six figure coaching business. I'm obsessed with entrepreneurship and developing tools that can help therapists live an adventurous lifestyle. In this podcast, I will discuss my journey as a digital nomad. I'll chat with other traveling therapists and help you navigate the complexities of running an online insurance based practice. I'm so glad to have you with me on this journey.
The Traveling Therapist Podcast
231. How to Financially Prepare for Your Next Hire with Carla Titus
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Before you post that job listing, you need a plan to financially prepare for your next hire, and that's exactly what today's guest walks us through. Carla Titus is a CFO who works with therapy practices of all sizes, and she breaks down why so many owners jump into hiring before they've actually looked at the numbers.
In this episode of The Traveling Therapist Podcast, Carla and I dig into what it actually costs to bring on a new clinician, from the ramp-up period to tracking performance once they're on your team. If you've ever hired someone and then panicked three months later wondering where the money went, this one is for you.
In This Episode, We Explore…
- Why the ramp-up period costs more than most owners plan for.
- What cash runway actually means before you bring on a new hire.
- How to track a remote clinician's performance without living in the dashboard.
- What to do when a clinician isn't hitting their numbers.
- How to know when it's time to cut an underperforming vendor or team member.
Connect with Carla Titus:
Website: https://www.wealthworthwithin.com/
LinkedIn: https://www.linkedin.com/company/wealthworthwithin/
Instagram: https://www.instagram.com/wealthworthwithin/
Facebook: https://www.facebook.com/wealthworthwithin
YouTube: https://www.youtube.com/@wealthandworthwithin
Podcast: https://podcasts.apple.com/us/podcast/ceo-financial-clarity-corner-podcast-money-strategy/id1818238749
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!
➡️ JOIN NOW: www.portablepracticemethod.com/
Connect with me:
- www.instagram.com/thetravelingtherapist_kym
- www.facebook.com/groups/onlineandtraveling/
- www.thetravelingtherapist.com
The Traveling Therapist Podcast is Sponsored by:
Berries: Say goodbye to the burden of mental health notes with automated note and treatment plan creation! www.heyberries.com/therapists
Alma: Alma is on a mission to simplify access to mental health care by focusing first and foremost on supporting clinicians www.helloalma.com/kym