What I wish I knew about starting an OT Private Practice

Описание: The video "What I Wish I Knew Before Starting My Journey" outlines several key insights and advice for those considering starting their own occupational therapy business. Here are the main points:

Weighing Pros and Cons:
Write down all the potential pros and cons of starting your business.
Have conversations with family, friends, and other business owners to gain insights.
Conduct thorough market research to understand what is already out there and refine your business model.

Emotional Journey:
Entrepreneurship is highly emotional, with many ups and downs.
Have a strong reason or "why" for starting your business to keep you motivated.
Establish a support system, including a mentor and a social support network.
Be aware of your emotional limits and know when to take breaks.
Long Process:

Success doesn’t happen overnight; it requires perseverance and consistency.
Building a network, credibility, and brand takes time.
Understand that processes like credentialing can be lengthy and prepare accordingly.
One-Man Band:

Initially, you will need to handle multiple roles such as administrator, marketer, biller, and clinician.
This can be overwhelming, so efficient time management and organization are crucial.
All-Consuming:
Running a business can consume a lot of time and energy.
Balance your business responsibilities with personal life by staying organized and prioritizing tasks.
Avoid multitasking to maximize productivity.
Make time for what is important to you and know when to say no to non-essential activities.

Next Steps:
Schedule conversations with people who can offer valuable insights.
Study the websites of businesses in your potential industry.
Create a detailed pros and cons list.
Decide on your "fork in the road" or key milestones that will determine if and when you should reassess your business direction.