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Don't Self-Destruct

Jan 27, 2025
 
 

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Hey, it's Dave Kats from Therapist Consultants. I’ve got a quick tip for you today. We often talk about growing your practice, helping your clients, and improving your financial situation. But there's one thing I really want you to avoid: self-sabotage. It’s easy to take two steps forward, then one step back, but I don’t want you to fall all the way back to zero.

Over the years, I’ve noticed a few common ways therapists self-destruct, and I want to share those with you. The first one is alcohol. Sadly, I’ve seen a lot of therapists who start out strong, but their dependency on alcohol eventually derails their careers.

The second one is divorce. Divorce can be a huge setback for both personal and professional life. There’s a saying that the quickest way to lose wealth is to accumulate a net worth of $2 million and then get divorced. While that might be a bit exaggerated, the point is clear: it can be devastating. So if you're in a relationship, make sure you're addressing any issues before they become bigger problems. Just like you help couples navigate their challenges, you need to take the same approach in your own life.

Lastly, I want to talk about skimming money. Once you start taking cash off the books or cutting corners, it creates a slippery slope. What starts as small missteps can quickly escalate into bigger issues that could jeopardize everything you’ve worked for.

So if you’re even considering any of these things, don’t do it. Don’t sabotage your success. Remember, they say it’s harder to keep a million dollars than to make it, and I’ve seen that to be true for many people. Stick to the right path, stay focused, and you’ll build a strong, successful practice.

Thanks for listening, I’m Dave Kats, and I’m wishing you all the best!

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