Back in 2003, my otherwise healthy father had a serious myocardial infarction. For days I traveled back and forth from my home to the hospital in Massachusetts, visiting, keeping track of his progress, and advocating on his behalf.
Had I been in private practice, or working for a hospital or agency, that would have been devastating to my work schedule and livelihood because I was out for weeks.
You see, those working models are based on an hours-for-dollars payment model. For decades, we as practitioners have been primarily bound to this model, charging clients either by the amount of time we spend with them or by the procedures we perform, and in both cases, it’s all about the time we’re required to put in.
There are a lot of problems inherent in this, but one of the most frustrating is that the only way to increase our income is to see more clients . . . and that means working longer hours.
Besides the obvious limitation of there only being 24 hours in a day, there’s the equally important consideration of stamina and effectiveness – the harder you work, the more burned out you get.
I think of this whenever I hear practitioners worried about building a bigger practice, because it still requires them to trade hours for dollars.
And that’s true even if you use Skype in your practice. You might not be tied to your location, but nevertheless, you still have to be present at a certain time in order to use your expertise to earn a living.
But there are other ways you can reach more people and increase your impact on the world.
Not only can certain tools help you to reach out to more people, they can provide you with significantly more income and provide that reassuring buffer should someone in your family need your attention.
You won’t need to sacrifice your livelihood at a time when you need it most to support yourself and the ones you love.
With some simple strategies, not only could you make an impact on people around the world, but you would be a lot less tied to your weekly schedule – seeing patient after patient, and even trying to add more to an already full roster.
Wouldn’t it be nice – a relief, really – to have some free time to learn more ways to help others, or have time for yourself and your loved ones?
Sure, there would be an initial investment of time and effort, but in the end, the payoff could be well worth the commitment. And it definitely could be a lot more than the old regimen of hours-for-dollars.
Would you like to imagine some other possibilities?
Please share your thoughts on the hours-for-dollars model most practitioners currently follow. What’s your
fallback position should you suddenly be called away for a family emergency?
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