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12. Exploring Money Mindset As A Therapist with Megan Hale

May 25, 2023

Megan Hale joins me for an episode about money mindset for therapists. She discusses the need to examine our relationship with money and ways our mindset holds us back in our work. Megan shares that having a nourishing relationship with money and the changes in perspective that come with that, allows therapists to have better business and personal goals.

 

“And a lot of times, you have to make some hard calls and some value based decisions on what's going to be best for the sustainability of your practice. And I think the other mindset piece that goes into that is oftentimes it's helpers and healers, there can be a lot of responsibility on our shoulders that we have to be available for every single person in need. And I think the greatest shift that I've made in therapy, and also as a coach is realizing that it's not my responsibility to carry the weight of the entire market.” - Megan Hale

 

What you’ll learn from this episode:

  • The importance of exploring and understanding one's own money mindset and beliefs about money. This self-reflection allows therapists in private practice to develop a supportive and nourishing relationship with money, which can be freeing and empowering.

  • Therapists often face conditioning that suggests wanting money and being a helper/healer are incompatible. 

  • Many therapists lack business acumen due to the limited training provided in graduate programs. Understanding the financial aspects of running a private practice, such as pricing, margins, and financial decision-making, is essential for success. 

Megan Hale is a business strategist & money mentor for experienced coaches, consultants, helpers, and healers ready to distill their wisdom into a unique body of work and make their most meaningful contribution.  She’s highly focused on sustainable business design that creates multiple 6-figures in recurring revenue while also blending her background as a former psychotherapist to help your work and your company be the deepest expression of who you are.  She works with progressive visionaries who are just as passionate about ushering in new paradigms for how we work, live, love, and lead. You can find her (and her infamous Money Map) at meganhale.co.

 

Meganhale.co

instagram.com/meganhale_mh

facebook.com/meganhale.ma

 

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