The Time I Almost Went Bankrupt
The Business Savvy Therapist: Marketing, Hiring & Systems to Grow and Scale Your Therapy Practice
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In this episode, I open up about one of the hardest chapters in my life—the time I nearly went bankrupt. I share the emotional and financial rollercoaster that taught me some of my most powerful money lessons. If you're struggling right now, I promise, there's light on the other side.
Make sure to bring your paper and pen because this episode is full of actionable tips!
Here are some key points in this episode:
[02:00] Why I closed my full solo practice and moved to Russia for love—and how it all fell apart
[06:27] The moment I turned fear into fuel and rebuilt my business from scratch
[08:08] The legislation change that wiped out my referral stream and pushed me into overdraft
[10:52] My $70,000 tax bill wake-up call and what finally got me to face my finances
[16:32] The critical mistake I made confusing accounting profit with real cash
[18:21] Why you should always have next month’s expenses saved in advance
Follow me on Instagram, @nicole.mccanncemethod. If this episode provided you with value and inspiration, please leave a review and DM to let me know. Click here: https://www.instagram.com/nicole.mccancemethod
139 episodes