Are you cut out for Private Practice? (Pros & Cons of W2, 1099, Solo, and Group Ownership Models)

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If I'm completely honest, I think anyone who wants to be in private practice is cut out for it. But the real question is: what kind of private practice is the best fit for you?

So let's go over some of the categories of private practice and some things to consider to see which option might be the best fit for you:

00:00 Intro
01:41 W2 Employee
04:25 1099 Contractor
07:15 Solo Part-Time
09:22 Solo Full-Time
11:20 Group Owner

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This video is geared for therapists of all kinds, including psychologists, MFTs, LPCCs, social workers, and others in the clinical counseling field.

Welcome to Private Practice Skills! I’m Dr. Marie Fang, psychologist in private practice. I post videos offering tools I learned the hard way about starting and growing private practice so that you don’t have to.

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This video is not intended as professional or legal advice. Be sure to seek the services of a professional if you are in need of them.