All Things Private Practice Podcast Episode 126: From Burnout to Breakthrough: Selling A Group Practice Successfully [featuring Gabrielle Juliano-Villani]
Are you a group practice owner feeling overwhelmed and considering an exit plan? Dive into our latest episode where Gabrielle Juliano-Villani talks about the emotional roller coaster of selling her practice.
This episode isn't just about the when and the how of selling a group practice—it's also a tale of personal evolution, burnout prevention, and understanding that your business is an asset.
Key Themes:
- Considering Selling Due to Burnout: Many private practice owners may be feeling overwhelmed by the responsibilities and stress associated with running their practice, which can lead to burnout. This episode directly addresses the emotional journey and practical considerations of selling a group practice, as Gabrielle Juliano-Villani shares her personal experience of deciding to sell due to burnout, providing guidance and reassurance to listeners who may be contemplating a similar decision.
- Fear of Financial and Legal Complexities: The prospect of selling a practice introduces a range of financial and legal challenges, and many practitioners may feel ill-equipped to navigate these waters. This episode alleviates these concerns by discussing the importance of having financial documentation in order, considering capital gains taxes, and understanding the value of proper bookkeeping. Patrick and Gabrielle underscore the significance of being strategic and well-informed before proceeding with a sale.
- Uncertainty About Future Career Path and Income Streams: Therapists often find themselves locked into the mindset of traditional one-on-one therapy sessions as their sole source of revenue and may struggle to envision alternative career paths or income streams. The discussion between Patrick and Gabrielle illuminates the vast potential of leveraging therapists' transferable skills in different ways. Try to explore diverse revenue streams, which can help prevent staying in unfulfilling situations and prepare for eventual transitions out of private practice.
More about Gabrielle:
Gabrielle Juliano-Villani is a licensed clinical social worker, consultant, coach, entrepreneur, and educator based in Sarasota, FL. She has been in the mental health field for over a decade specializing in stress, chronic health conditions, and trauma.
After realizing her own burnout in 2021, she sold her thriving group practice and made it her mission to educate others on the impact stress has on our everyday lives. Gabrielle pulls from her experience as an EMDR and Polyvagal Informed therapist to utilize mind/body approaches to help others implement everyday strategies to manage stress and live their best lives.
Gabrielle is an international speaker, retreat leader, and has been featured in Authority Magazine, The Daily Om, Bustle, and the Everyday Woman TV Network. When she's not working, Gabrielle is teaching Zumba, surfing, or reading a psychological thriller at the beach.
- Gabrielle's Website: gabriellejulianovillani.com
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Thanks to Our Sponsors: The Receptionist for iPad
I want to thank The Receptionist for iPad for sponsoring this episode.
The Receptionist offers an iPad list check-in option where clients can scan a QR code to check in, which negates the need for you to buy an iPad and stand. Go to thereceptionist.com/privatepractice and sign up for a free 14-day trial. When you do, you'll get your first month free. And don't forget to ask about our iPad list check-in option.
Mentioned in this episode:
Resilient Mind Counseling
It's Patrick. Some of you may know that I own a group therapy practice in North Carolina, Resilient Mind Counseling. We specialize in supporting the Neurodivergent, LGBTQIA+, and Black, Brown, and Asian communities online and across North Carolina. We also have limited in-person openings at our offices in Asheville and Cary. We really love working with clients who are coming to terms with both Autism and ADHD discoveries later in life or questioning, as well as the intersections of race, gender, identity, and orientation. All of our therapists have lived experience and identify as AuDHD, Autistic, or ADHD. Our team of affirming therapists offers a safe, anti-racist, anti-oppressive, inclusive, and accessible space where you can show up exactly as you are—no masking, no judgment, and no need to make eye contact, just real connection and healing. We accept most commercial insurances like Blue Cross Blue Shield, United, Aetna, and Med Cost, as well as self-pay options. We currently have openings for new clients. Visit our website at resilientmindcounseling.com. You can also text or call our HIPAA-compliant phone line at (828) 515-1246, or email us at scheduling@resilientmindcounseling.com.
The Receptionist for iPad
I want to thank The Receptionist for iPad for sponsoring this episode. From new patients faced with an empty lobby and no idea where to find their therapist to clinicians with a session running over time and the doorbell ringing, some of the most anxiety-ridden moments of a therapy appointment happen before a session even starts. The Receptionist for iPad, helps you tackle some of that pre-appointment apprehension and anxiety. The Receptionist for iPad is an easy-to-use digital client check-in system that helps your visitors check in securely to their appointments and notify their practitioners of their arrival via SMS, email, or your preferred channel. No more confusion, and less lobby checking or having clients sign in on paper logbooks. It can even help you upgrade and update your demographic information for your clients as well and even validate parking. Start a 14-day free trial of the Receptionist for iPad by going to thereceptionist.com/privatepractice. Make sure to start your trial with that link and you'll also get your first month free if you decide to sign up.