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Life Coaching

Uncategorized Jan 07, 2023
 

Hi, this is David Kats for Therapist Consultants and I have a tip for you. More and more, I see something happening with therapists, and that is, they pick up a segment of their life or a segment of their practice that they dedicate to life coaching. Instead of doing therapy work, they do life coaching work. Now, there's a lot of advantages to life coaching.

Number one, you don't have any insurance that you have to file. Number two, you really don't have any HIPAA responsibility if you're a life coach. Number three, you can consult across state lines. Number four, it just adds another revenue center to your practice.

Now, you have to be careful that you don't intermingle the two, that people know exactly what they're getting, that they don't think they're getting therapy when they're getting life coaching, and then ask you to file their insurance or something like that. I'm telling you that people are moving to life coaching in large numbers, not away from therapy necessarily, but in addition to the therapy.

Think about it. Life coaching is a very easy thing to do, it's very lucrative, and it's a lot of fun. See, with therapists, you are treating not-well people, you have a diagnosis. With life coaching, you're treating well people, making a good person great. Think about it, you'll be glad you did. This is David Kats. Thanks for listening.

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