Passive Income For Therapists

Jeff guenther on sep 10 2017 a few months ago i wrote a blog on a couple passive income ideas for therapists.

Passive income for therapists. Or a very simple breakdown. I have successfully implemented both ideas and they continue to bring in extra cash every month. It takes a lot of work thought and creativity to build an offer that will meet a need and make you a good living. If you facilitate one 90 minute therapy group for 7 clients at 65 per client that is 455 for your 90 minutes of time vs.

Create a workbook that other clinicians could use along with clients who are in therapy. Many a therapist and private practice owner have successfully added passive income streams to their business. If you took the same 6 hours of active income for example one on one therapy sessions you would need to charge 260 therapy session to gross the same income. That s the same amount of time for nearly double the gross income.

Create an online training that could help your ideal clients before they ever enter therapy. Since working one on one with clients is often difficult to scale up many therapists are turning to online means to create passive income for themselves. Two 45 minute active income sessions at 125 each for your 90 minutes of time at a total of 250. The hope of passive income is that you ll put in the time money or effort in today so that you can generate more income in your business for days and years to come.

Before we get any further i m going to get rid of the word passive and start talking about scaled. It may sound like a pipe dream but it s actually not. Passive income ideas create a workbook that could help your ideal client before they ever enter therapy. That blog has proven popular and i received many follow up questions from therapists around.

It s how they think about money. Bureau of labor statistics on average massage therapists earn 41 000 per year so having multiple passive income streams can supplement your income as a massage therapist and help you prepare for retirement. According to the u s. Do you know what i admire most about wealthy people.

Passive income is not really passive. 24 passive income ideas for therapists. Passive income ideas 2020. 50 minute therapy session 150 175 average therapy session fee across the u s.