#63: How to Know If You’re Financially Ready to Leave Your Employed Job

#63: How to Know If You’re Financially Ready to Leave Your Employed Job

How do you know if you’re financially ready to leave your employed job and start a private practice? In this episode, I’m walking through the questions I think every physician should ask before making the leap. We’ll talk about personal expenses, startup costs, runway, timeline, and what it really means to be financially prepared to leave employed medicine. If private practice is on your mind but the financial side feels overwhelming, this episode will help you think through it more clearly. --- ORDER MY NEW BOOK: PRIVATE PRACTICE, ON PURPOSE [https://www.amazon.com/Private-Practice-Purpose-Physicians-Launching/dp/B0GWWM1WNZ] 📌 Resources: Take the Private Practice Readiness Quiz! [https://www.tryinteract.com/share/quiz/694f5e1dcdf90a0a202a9a7d] This quiz will help you identify where you fall on the readiness spectrum—and what your next best step should be. ----- If you want step-by-step guidance to build your practice business plan, check out my new digital course: Plan to Practice [http://hangingashingle.com/ptp]. It's a short course designed to take you from scattered practice ideas to a detailed, individualized business plan. Learn more about the course by going to hangingashingle.com/ptp [http://hangingashingle.com/ptp] ---- If you’re building your own private practice and want step-by-step guidance from someone who’s done it successfully—I’d love to help. Click here [https://app.paperbell.com/checkout/packages/147724] to learn more about 1:1 coaching. ---- Want weekly emails with insightful tips for starting your private practice? Click here to subscribe [https://hangingashingle.com/subscribe]! ---- Social Media Communities: Private Facebook Group: Physicians Starting Private Practices Instagram: @hanging_a_shingle LinkedIn: www.linkedin.com/in/drbrittneyanderson [http://www.linkedin.com/in/drbrittneyanderson]

#62: How to Take a Vacation as a Private Practice Owner

In this episode, I tackle one of the biggest myths about private practice: that you'll never be able to take a vacation. I share how I've actually taken more time off as a practice owner than I did when I was employed, and discuss the planning, systems, and communication strategies that make it possible. Whether you're building an insurance-based, membership, cash-pay, in-person, or telemedicine practice, taking time away is possible. And it is important for long-term sustainability.  ORDER MY NEW BOOK: PRIVATE PRACTICE, ON PURPOSE [https://www.amazon.com/Private-Practice-Purpose-Physicians-Launching/dp/B0GWWM1WNZ] 📌 Resources: Take the Private Practice Readiness Quiz! [https://www.tryinteract.com/share/quiz/694f5e1dcdf90a0a202a9a7d] This quiz will help you identify where you fall on the readiness spectrum—and what your next best step should be. ----- If you want step-by-step guidance to build your practice business plan, check out my new digital course: Plan to Practice [http://hangingashingle.com/ptp]. It's a short course designed to take you from scattered practice ideas to a detailed, individualized business plan. Learn more about the course by going to hangingashingle.com/ptp [http://hangingashingle.com/ptp] ---- If you’re building your own private practice and want step-by-step guidance from someone who’s done it successfully—I’d love to help. Click here [https://app.paperbell.com/checkout/packages/147724] to learn more about 1:1 coaching. ---- Want weekly emails with insightful tips for starting your private practice? Click here to subscribe [https://hangingashingle.com/subscribe]! ---- Social Media Communities: Private Facebook Group: Physicians Starting Private Practices Instagram: @hanging_a_shingle LinkedIn: www.linkedin.com/in/drbrittneyanderson [http://www.linkedin.com/in/drbrittneyanderson]

[Thursday Shift]: You Are Building More than a Practice

When you're deep in the paperwork, decisions, and day-to-day tasks of starting a private practice, it's easy to lose sight of the bigger picture. In this week's Thursday Shift, I share a reminder that you're not just building a clinic—you're building a career, a lifestyle, and a future that reflects your values. If you've been feeling buried in the details, this episode will help you zoom out and reconnect with your why. ORDER MY NEW BOOK: PRIVATE PRACTICE, ON PURPOSE [https://www.amazon.com/Private-Practice-Purpose-Physicians-Launching/dp/B0GWWM1WNZ] 📌 Resources: Take the Private Practice Readiness Quiz! [https://www.tryinteract.com/share/quiz/694f5e1dcdf90a0a202a9a7d] This quiz will help you identify where you fall on the readiness spectrum—and what your next best step should be. ----- If you want step-by-step guidance to build your practice business plan, check out my new digital course: Plan to Practice [http://hangingashingle.com/ptp]. It's a short course designed to take you from scattered practice ideas to a detailed, individualized business plan. Learn more about the course by going to hangingashingle.com/ptp [http://hangingashingle.com/ptp] ---- If you’re building your own private practice and want step-by-step guidance from someone who’s done it successfully—I’d love to help. Click here [https://app.paperbell.com/checkout/packages/147724] to learn more about 1:1 coaching. ---- Want weekly emails with insightful tips for starting your private practice? Click here to subscribe [https://hangingashingle.com/subscribe]! ---- Social Media Communities: Private Facebook Group: Physicians Starting Private Practices Instagram: @hanging_a_shingle LinkedIn: www.linkedin.com/in/drbrittneyanderson [http://www.linkedin.com/in/drbrittneyanderson]

#61: Create Your No-Show Policy Before You Open

In this episode, I discuss one of the most important office policies to establish before you open your practice: your no-show policy. We cover what should count as a no-show, whether to charge fees, how to handle repeat offenders, rescheduling rules, and the importance of applying the policy consistently. Whether you're building an in-person, telemedicine, insurance-based, or cash-pay practice, having a clear plan in place can help protect your schedule and create a better experience for both patients and staff. ORDER MY NEW BOOK: PRIVATE PRACTICE, ON PURPOSE [https://www.amazon.com/Private-Practice-Purpose-Physicians-Launching/dp/B0GWWM1WNZ] 📌 Resources: Take the Private Practice Readiness Quiz! [https://www.tryinteract.com/share/quiz/694f5e1dcdf90a0a202a9a7d] This quiz will help you identify where you fall on the readiness spectrum—and what your next best step should be. ----- If you want step-by-step guidance to build your practice business plan, check out my new digital course: Plan to Practice [http://hangingashingle.com/ptp]. It's a short course designed to take you from scattered practice ideas to a detailed, individualized business plan. Learn more about the course by going to hangingashingle.com/ptp [http://hangingashingle.com/ptp] ---- If you’re building your own private practice and want step-by-step guidance from someone who’s done it successfully—I’d love to help. Click here [https://app.paperbell.com/checkout/packages/147724] to learn more about 1:1 coaching. ---- Want weekly emails with insightful tips for starting your private practice? Click here to subscribe [https://hangingashingle.com/subscribe]! ---- Social Media Communities: Private Facebook Group: Physicians Starting Private Practices Instagram: @hanging_a_shingle LinkedIn: www.linkedin.com/in/drbrittneyanderson [http://www.linkedin.com/in/drbrittneyanderson]

[Thursday Shift]: You Don't Need Everyone's Permission

If you're waiting for someone else to tell you it's okay to start your private practice, this episode is for you. In this week's Thursday Shift, I talk about the difference between seeking advice and seeking permission and why ownership requires you to trust yourself before everyone else understands your vision. Plus, I share a reminder that no one can build your dream practice for you. ORDER MY NEW BOOK: PRIVATE PRACTICE, ON PURPOSE [https://www.amazon.com/Private-Practice-Purpose-Physicians-Launching/dp/B0GWWM1WNZ] 📌 Resources: Take the Private Practice Readiness Quiz! [https://www.tryinteract.com/share/quiz/694f5e1dcdf90a0a202a9a7d] This quiz will help you identify where you fall on the readiness spectrum—and what your next best step should be. ----- If you want step-by-step guidance to build your practice business plan, check out my new digital course: Plan to Practice [http://hangingashingle.com/ptp]. It's a short course designed to take you from scattered practice ideas to a detailed, individualized business plan. Learn more about the course by going to hangingashingle.com/ptp [http://hangingashingle.com/ptp] ---- If you’re building your own private practice and want step-by-step guidance from someone who’s done it successfully—I’d love to help. Click here [https://app.paperbell.com/checkout/packages/147724] to learn more about 1:1 coaching. ---- Want weekly emails with insightful tips for starting your private practice? Click here to subscribe [https://hangingashingle.com/subscribe]! ---- Social Media Communities: Private Facebook Group: Physicians Starting Private Practices Instagram: @hanging_a_shingle LinkedIn: www.linkedin.com/in/drbrittneyanderson [http://www.linkedin.com/in/drbrittneyanderson]