Ever wondered why so many women pour their hearts and souls into their group practices but still find themselves struggling to hit those higher revenue marks? Unfortunately, this is an all too common occurrence.
We all know that running a business as a woman comes with its own unique set of challenges, but the real question is: what can we do about it?
In this episode, I sit down with Racheal Cook to pull back the curtain on the stark realities that women face in the business world—like the fact that although we own nearly half of all small businesses, we’re only generating a tiny slice of the revenue pie.
But don't worry, we’re not just here to point out the problems. Racheal dishes out actionable strategies you can start using today to close that gap and take your group practice to the next level.
Here’s a glimpse of what we cover in this episode:
We get real about the numbers—why women own 44% of small businesses but generate only 4% of total revenue.
The often-overlooked barriers women face when trying to secure funding and how to navigate around them.
We discuss why understanding your financial metrics isn’t just important—it’s essential for your practice’s growth.
Why building a strong, supportive network is a game-changer for your success and how to start cultivating one today.
It’s time to bridge the gap—because we all deserve to see our hard work translate into the financial success we’ve earned.
Thanks for listening! Like what you heard? Give us 5 stars on whatever platform you’re listening from. Need extra support? Join The Exchange, a membership community just for group practice owners on our website www.thegrouppracticeexchange.com/exchange. Talk to you next time!
LINKS:
The Group Practice Exchange Programs + Courses
The Accountability Equation™ Quiz
CONNECT WITH MAUREEN WERRBACH & THE GROUP PRACTICE EXCHANGE:
CONNECT WITH RACHEAL COOK:
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SPONSORS:
TherapyNotes: An EHR software that helps behavioral health professionals manage their practice with confidence and efficiency. Go to therapynotes.com/r/thegrouppracticeexchange for two free months!
GreenOak Accounting: An accounting firm that specializes in working with group practices. Mention TGPE to get $100 off your first month!