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Episode 200: How I Would Start My Private Practice: with $5000 (3 of 3) episode artwork

EPISODE · Jan 30, 2026 · 19 MIN

Episode 200: How I Would Start My Private Practice: with $5000 (3 of 3)

from Therapy For Your Money

If you’ve ever dreamed about opening your own private practice, but the numbers are making your head spin (hello, startup costs!), this episode is for you. I’m walking you through exactly how I’d build a private practice with a $5,000 budget. Where I’d spend, what I’d skip, and the mindset shifts that will help you stay sane and avoid financial overwhelm. There’s a lot of advice out there, but let’s get real: you don’t need a giant pile of cash to get started, you just need a plan that works for you. Review episodes 198 and 199, where I review starting your practice with $1,000 and $3,000. If you’ve ever wondered, “Should I be spending here? Is this something I can do myself?”—I’m sharing my honest take and the real-life steps I’d take if I were starting from scratch. This isn’t about cutting every corner; it’s about building wisely, not just quickly. Top 3 Reasons to Listen Learn where every dollar matters: I break down exactly how I’d prioritize spending when you’ve only got $5,000 to launch your practice. Get the no-fluff outsourcing list: Curious what’s actually worth outsourcing early on (and what can totally wait)? I’ve got you. Practical, fast-action steps: Walk away with real-world ways to move faster—without tossing money out the window. Resources I Mentioned Billing Assistant Pro by Productive Therapist Virtual Assistant Support – Productive Therapist Profit First for Therapists (my book!) Profit First Academy Therapy For Your Money website Money for Therapists Practice Startup - https://www.greenoakaccounting.com/startup GreenOak Accounting - www.GreenOakAccounting.com Therapy For Your Money Podcast - www.TherapyForYourMoney.com Podcast Production and Show Notes by Course Creation Studio https://www.coursecreationstudio.com/

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If you’ve ever dreamed about opening your own private practice, but the numbers are making your head spin (hello, startup costs!), this episode is for you. I’m walking you through exactly how I’d build a private practice with a $5,000 budget. Where I’d spend, what I’d skip, and the mindset shifts that will help you stay sane and avoid financial overwhelm. There’s a lot of advice out there, but let’s get real: you don’t need a giant pile of cash to get started, you just need a plan that works ...

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Episode 200: How I Would Start My Private Practice: with $5000 (3 of 3)

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