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Ask Tiffany: Coaching vs. Therapy & Who Can Command Premium Fees

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Manage episode 433755889 series 2794634
Content provided by Tiffany McLain. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Tiffany McLain or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Click here to Join our live event How to Charge like a Six-Figure Therapist: September 2024 because charging premium fees is a mindset.

In this episode, we dive in to answer listener question from Rachel Hulstein-Lowe. She asks, "Why are people so much more willing to pay premium fees for coaching than for therapy?"

There is a common myth out there among licensed therapists that simply switching to coaching will solve all their revenue problems.

The belief is, if I simply become a coach, clients will be more willing to pay me the big bucks.

But is this true?!

In this episode, I’ll reveal the truth about who can charge more: coaches or therapists.

We’ll discuss:

  • Based on the data, who earns more? Licensed therapists or coaches?

  • What factors go into a coach being able to charge a hire hourly rate than a licensed therapist?

  • What’s really going on when therapists lament the high fees coaches can command?

  • No bull. No nonsense. Tiffany gets real by answering the question under the question.

Links Mentioned:

Fun with Fee Calculator

Coaching Federation Data

Licensed mental health therapist salary report

  continue reading

128 episodes

Artwork
iconShare
 
Manage episode 433755889 series 2794634
Content provided by Tiffany McLain. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Tiffany McLain or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Click here to Join our live event How to Charge like a Six-Figure Therapist: September 2024 because charging premium fees is a mindset.

In this episode, we dive in to answer listener question from Rachel Hulstein-Lowe. She asks, "Why are people so much more willing to pay premium fees for coaching than for therapy?"

There is a common myth out there among licensed therapists that simply switching to coaching will solve all their revenue problems.

The belief is, if I simply become a coach, clients will be more willing to pay me the big bucks.

But is this true?!

In this episode, I’ll reveal the truth about who can charge more: coaches or therapists.

We’ll discuss:

  • Based on the data, who earns more? Licensed therapists or coaches?

  • What factors go into a coach being able to charge a hire hourly rate than a licensed therapist?

  • What’s really going on when therapists lament the high fees coaches can command?

  • No bull. No nonsense. Tiffany gets real by answering the question under the question.

Links Mentioned:

Fun with Fee Calculator

Coaching Federation Data

Licensed mental health therapist salary report

  continue reading

128 episodes

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