Episode 125: Charge your Full Fee with Confidence (with Alyse Freda-Colon)

In this enlightening episode of "Therapy for Your Money," host Julie Herres dives into the crucial topic of embracing your full fee as a therapist and getting comfortable with it. She is joined by Alyse Freda Colon, a seasoned therapist with 18 years of experience in private practice. Shifting the Mindset Around Fees Alyse encourages therapists to recognize the immense value they provide through their work and to overcome the fear of charging their worth. As she aptly puts it, "We are doing kick-ass life-changing work, and you need to acknowledge that you are providing a very valuable service." Transitioning from Insurance to Private Pay The episode delves into the process of transitioning from accepting insurance to practicing on a private pay basis. Alyse's experience serves as a powerful reminder that therapists have the right to set their fee structures based on their own needs and circumstances. Overcoming the Fear of Charging Your Worth Challenging the notion that therapists shouldn't focus on making money, Alyse emphasizes the importance of confidently charging your worth. She advocates for therapists to take ownership of their fee structures without apology or hesitation. Action Steps 💡 Tip 1: Own Your Value "Therapists provide life-changing work. Acknowledge the value you bring and don't shy away from charging what you're worth." - Alyse Freda Colon 💰 Tip 2: Shift Your Mindset "Stop telling yourself you can't make money. Change your money mindset to attract abundance and financial success." - Alyse Freda Colon 🗣️ Tip 3: Confident Communication "When stating your fee, be firm and silent. Avoid justifying or apologizing. Your fee reflects your expertise." - Alyse Freda Colon 📆 Tip 4: Choose Sustainable Fees "Set a fee that supports your life and practice. Sustainability ensures you provide quality care while thriving financially." - Alyse Freda Colon 🚀 Tip 5: Embrace Specialization "Specialized therapists can confidently charge higher fees. Your expertise deserves appropriate compensation." - Alyse Freda Colon The episode serves as a reminder that therapists provide invaluable services and deserve to thrive in their businesses. As Alyse aptly states, "We gotta stop all the shaming around therapists who want to do good work and make a good living." With determination and a renewed perspective, therapists can embrace their financial worth and achieve sustainable success in their private practices. 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 - https://www.profitfirstfortherapists.com/academy Book Recommendation: You are a Badass at Making Money Get support from Alyse: Coaching WIth Alyse Alyse Freda-Colon Therapy Page Podcast Production and Show Notes by Course Creation Studio