Wise Practice Podcast · Apr 15, 2025 · 38:43
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When Michelle launched her private practice, she had a vision of helping clients and building a thriving business. But reality set in quickly—insurance reimbursements were low, and back-to-back sessions left her drained. She found herself trapped in the exhausting cycle of overbooking, desperately trying to keep up with fluctuating client demand.
Like many therapists, Michelle had been told that a packed caseload was a sign of success. Instead, it felt like a direct path to burnout. She knew there had to be a better way—one that allowed her to continue serving clients without sacrificing her own well-being. That's when she discovered the power of diversifying her income.
By stepping beyond the traditional therapy model, Michelle unlocked financial stability, professional growth, and the freedom to build a business that truly worked for her. Here's how she—and many other therapists—are redefining success.
04:27 Michelle's Therapy Practice and Specialties
06:15 Diversifying Income Streams
08:52 Challenges and Benefits of Multiple Income Streams
17:04 Finding Your Unique Expertise
19:36 Exploring Additional Income Streams
21:00 Faith-Based Practice Insights
23:10 Creating Your First Income Stream
23:28 Navigating Continuing Education (CE)
25:55 Perfecting Your CE Application
34:19 Tools and Platforms for CE Courses
37:13 Conclusion and Final Thoughts
Michelle Risser's Resources
Website
Free CEU Course Planning Checklist
Work with Michelle 1:1
Instagram
Facebook
Links and Resources
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Episodes: Wise Practice Podcast