Episode Details

Send us Fan Mail

In Episode 85, Gerda is asking a very important question: 

What would happen if your biggest revenue stream disappeared tomorrow?

It’s a question every practice owner should be asking. Whether you rely heavily on NDIS, Medicare, WorkCover or any other referral source for that matter, Gerda’s message is simple: if your practice relies too heavily on one revenue stream, you’re putting your business at risk.

And, if recent industry changes have taught us anything, it's that things can change super fast.

So, what can you actually do about it?

In this episode, Gerda breaks down the actual revenue mix in her own psychology practice, shares the lessons she’s learned (the hard way), and how you can start diversifying without chasing every shiny new idea.

In this episode, you will learn (among others):

• Why revenue diversification is an important risk management strategy. 
• How Gerda’s own practice has diversified its revenue.
• How to decide which revenue streams to grow, reduce or maintain. 

Who this episode is for:

✔️ Practice owners who are heavily reliant on one funding or referral stream.
✔️ Allied health professionals who want to future-proof their business and reduce risk.
✔️ Business owners who want to make more strategic decisions about where their revenue comes from.

Tune in for a practical conversation about revenue diversification, business risk, and why understanding your numbers is the first step towards building a more resilient practice.

Here to help you build a practice you can’t stop smiling about 😍

Want Gerda's Help with your Business?

Gerda helps allied health group practice owners go from overwhelmed, overworked, and underpaid to fully empowered and financially thriving. If this is you, then make today the day you reach out. Complete this super short Triage Form here bit.ly/triageformpps and Gerda will personally reach out to you. 

Here to help you build a practice you can't stop smiling about :)

Connect with Private Practice Success & Gerda here:

• Would you like Gerda's help in growing your practice? Step 1 is to complete this short form HERE. Gerda will personally go through your answers and will respond asap. 
• Follow the Private Practice Success Facebook Page
• Follow Gerda on Instagram
• Connect with Gerda on LinkedIN
• Join the Private Practice Success Facebook Group - exclusive to practice owners.
• Email Gerda directly at gerdam@private-practice-success.com
• Order your hard copy of Gerda's book, The 7-Figure Practice HERE.
• Ready to work with Gerda? Send in your details HERE and she will be in touch.