THE SECRET TO BEING RICH AS A THERAPIST |OT|PT|SLP
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- Опубліковано 4 сер 2024
- THE SECRET TO BEING RICH AS A THERAPIST |OT|PT|SLP : OCCUPATIONAL THERAPIST, SPEECH THERAPIST PHYSICAL THERAPIST .....
Want to start your own private practice? get this book:
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Want to start independent contracting ??? get this book:
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Items needed for OT school, new grads , clinicians and beyond
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I have a bachelor's degree in psychology and gerontology degree and a masters degree in occupational therapy,
Nx move : Doctorate : something in gerontology
ＥＸＰＥＲＩＥＮＣＥ : I work as a full time SNF OT , specializing in geriatrics and I also traveled as a new grad OT.
Born in Ghana, west Africa and raised in the United States.
Disclaimer : This video is intended for educational purposes ONLY , this is not intended as medical advice. This video also contain my own personal views and opinions. For more information please visit aota.org
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You are honestly spilling the TEA and I am drinking every sip! 💖
I honestly thought you were going to say we wouldn't get rich lol. But you are actually giving us the tea, thank you so much for the advice! ♡
Hhhaa I always serve the TEA HOT with a bit of lemon for extra kick lol :) you welcome love
I live in Greece and I got accepted in Midwifery University by exams , I did again the exams that got us accepted by grades in universities and now I put in my preference first choice Occupational therapist in Athens and second Physiotherapist Patra. Is it a better job than widwifery by means of salary??
Ναι εννοείται πως ειναι γιατι σαν εργοθεραπευτης και φυσικοθεραπευτης μπορεις να ανοιξεις κατι δικο σου και να δουλεψεις ανεξαρτητα σε αντίθεση με μαιευτική που σε δεσμευει με περιβαλλον μαιευτηριου@@catherinezetajones-fan8495
I love your swagger and your real-deal talk about OT and what can be possible. Supporting other OTs and those who aspire to be OTs in making good career choices and knowing the potential is powerful. #OTsRising
Thank you so much
Your so raw Love the content boo continue doing you ❤️🔥
Love this energy 😍💎👑💪🏼 im so inspired!!! keep it up!
haha thank you :)I will :)
Yes I totally agree. I’m enjoying your Instagram lives as well loved the one with Ms.Elle especially 💓keep inspiring
Thank you so much , if you have someone else in mind you want me to feature , let me know :)
Absolutely the truth! I've been an OT for the last 20 years. You always make more money when you cut out the middle man. Love the video!
Every single time !!
Can I do this as a COTA and how?
I am the girl who is counting the dollar while in school $$$. I have medical problems that cost me a pretty penny and having a good standard of living is something I have always wanted. Thanks for spilling the tea!!
You welcome ;)
Nancy, I hate to be a Debbie Downer, but having a private practice has SO many expenses and liabilities, not to mention state taxes. The Most liberal states take up to 38% of your gross income!!! And that doesn't include your business license, unemployment and disability for each employee - you will need at least 1 to answer phones; greet patients/clients; send out new patient forms; fax your plans of care for physician signatures; cleaning up between patients; stocking supplies; PLUS BILLING.
As a private practice owner, I can tell you, your biller and book keeper will either make or break your business.
During CV, my staff preferred to get bonus pay from unemployment than to work. I had to wear all the hats and I wasn't going home before midnight.
The brick and mortar business overhead is shocking to someone without a business plan.
If you want to be an independent contractor and not have overhead, I highly advise all OTs to become certified specialists WITH experience in whatever you decide to promote because at the end if the day, you still represent Occupational therapy and we already struggle with losing referrals to PT and have low credibility because of AOTA failing to educate the health industry and not fighting the APTA for our scope of practice. So if you are giving your money to AOTA, PLEASE have them step up for us, we have been an official healthcare profession since 1917 and doctors STILL DON'T KNOW what we do or how to refer their patients to us.
Insurances are another stumbling block and getting credentials for in- or out-of network is like making a deal with the devil.
Anyway, I appreciate your enthusiasm for OT and I hope that more EXPERIENCED OTs WILL step out of the box and take our hard-earned clinical experience and expertise out to the community as entrepreneurs. New grads have GOT to learn their skills under the mentorship of experienced clinicians. That's why I only take level 2 students who sre transitioning from being OTAs to MOTs and OTDs at my clinic.
For entry-level grads, I highly recommend doing their clinical at the hardest places in their chosen field (like a national rehab center, burn and trauma rehab, etc).
As for your mentioning of hourly rates, that varies from state to state.
I hope that money is not the FIRST thing that motivates people who choose a career in healthcare, because these are vocational callings and can take a lot out of a person emotionally. For example, I was sure I wanted to be a pediatric OT, but through my preclinical assignments, I realized that my heart could not take it and I learned I was happiest working with another population with specific diagnoses.
I hope you'll receive this message in the spirit of respect for you and our profession.❤️
Wonderful piece. Really detailed.
This video is just what I needed, thank you so much
You welcome :)
Thank you so much!! I am planning on applying to an OTA program at my local JC. Your videos are so helpful, and I wish you much continued success!!❤️😊
You are very welcome :) and goodluck
Will be independent sooner! Thank you!
I needed to hear this. Thank you!!!!
You are so welcome
thank you for such a motivating video!! you def motivated me to get my ideas going for future business!!! 😊
You're so welcome!
You are an amazing person!! May God bless you with soooooooooooo much more, especially love and happiness 😊
Thank you so much
I love your videos! Makes me stoked to be an OT
thank you so much
This was super helpful! I graduate in May 😌 I also want to write/illustrate OT based children’s books and make handouts to sell! So many different avenues
Yayy you are soo close 🤗🤗🤗 so happy for you .. thank you
I love this idea!!!! I’ll be on the lookout for it.
I'm an SLP and I'm strongly considering doing my own thing really soon! This video is confirmation 🙌🏾
You should absolutely do it
Hi ma'am
i am 18 and trying to become an OT- this helped so much!!! Hopefully I can do exactly what you said to do in this vid
I hope so too! you got this :)
Love this!!!
THANK YOU
Great content, subbie from UK.
I'm thinking of OT consulting for people
This is a sign!! My husband and I were just talking about working for ourselves rather than getting hired by these agencies. I am applying for grad school next year to become an SLP and this is something I would like to do in the future. Thank you.
Congrats to you and yes you can do it as an SLP! I came to this video to share this with my OT friend (I talk about this topic on my financially independent SLP channel and she didn’t believe she could do this as an OT) but we can all do this! PT, OT and SLP! I’m excited to see your future UA-cam or other future social media channel about you and your husbands business and I will share that as well! It can be done!
@@NoStressSLP great
Hey, private practice slp here. Work for a company, agency, hospital, etc. For a couple of years to learn the business with a team around you, then branch out and do your thing!
this is so relatable! haha thank you !
haha thank you , I hope it was helpful
Wow, the timing! This video comes just after a subscriber asked me to make a video on the side hustles an OT can do. because we love or work, but getting rich is still the goal, lol
Absolutely :) thank you
Thank you for the advice! May I ask how many years of experience you had before feeling comfortable enough to start paving your own way?
Entrepreneurship is always where the $$$ is. My sister has her own EI business. I feel that all these OT programs really need to push Entrepreneurship, grant you need experience. But OT opportunities n field would be so much better if most therapist would do their own thing.
Its so sad that they don't push it more , its soo important. Therapist would make so much more if we can do our own thing .
I’m an older therapist and I always did side PRN and independent contractor gigs before they were popular. Got a LLC still. Also, getting married to the right guy will boost your income even more. Always been married except when I got divorced and single 2 years. Didn’t like that and got married again. Doubled my income! Good Luck to all.
All I heard is married to the right guy yesssss RUth I love this advice so much thank you oh and have an LLC .. marrry the right guy and LLC !! Haha thk you
Hi glad you are guiding OT community and teaching us to have that mindset. Is it possible to have private practise detail video ?
I can work on that yes
Can you do a video on the ins and out of being an independent contractor....the pros and cons? 🙏🏽 I’ve been seeing a lot of offers as a 1099 employee
I can probably do a live on it on IG and a vid later in the future ; thank you so much
ILY so enjoyable to watch
ILY right back :) thk you :)
Never clicked on a video so fast 😂
ItsCristalJ right 😂 lol I love both of your channels! Thanks for posting helpful content for those interested in going into OT!
HAHHA I HOPE YOU OK ? LOL .. jk did you like it?
We're y'all classmates??
Can you keep us updated on the process of starting your own OT business? tips/legalities etc.?
Absolutely , as I gather more info , yes .
This!
Hey queen What’s the average weekly pay for a traveling contract for OT & how many nationwide opportunities are there?
Can this be for counselors too ?
can you make a video on how to make your own OT business?
tips on contracting please!!!
I will do a live on my iG soon about it
I know going to grad school will put you in a lot of debt will that be a problem once you’re done with school was it worth it? is paying off debt easy or is it a struggle?
I will make a video about this topic soon...
Do you think that in order to created a company, the (Dr) in front of the OT’s name would matter? Or can one be rich with their MA?
you be rich without it for sure
ummm, who is diss making 1 million in a year! I need to follow them toooo!
hahah sis am tryna to get there too
In OTA school then getting my masters in OT after. I'd love to eventually have my own practice. You rock!
Let's do it E!! Haha I've been watching her stuff a ton 😅
Thk you so much
Same here! Today was my first day of OTA school
Is it king if like CNA work? I was a cna once and hated it!
Is nothing like CNA work
What are some advices you can give someone who wants to be an independent OT?
Just do it , take the time to find out what you love / passionate about within OT , get great at it or learn as you go and start it. A great book to read is by Tomeico Faison , I may make a review video some time in the future.
@@LovelyyOT Lovely thanks :)
ABA too! That's what I do
thats a great field , yess . love that one a lot
How long do you feel like you need to work in the field before opening your own buisness/clinic?
Hey , as long as you need to feel confident / comfortable to provide services independently
Sis please I don’t have a Degree in OT but am interested in OT, how do I go about it? Do I need a degree in OT or I do a short course?
You need a masters or doctorate degree
Hi! How much experience would you suggest before opening your own business?
Enough to be confident to teach the subject matter 🤗
What about being a professor? In between starting a business.
Sure however I heard they dont make too much money
How can you do this as a COTA?
which one?
What areas of ot make the most money? And is genuinely worth it?
Starting your own business ...
@@LovelyyOT what areas though. Elaborate please
Honestly I am shocked how much you can make working as an independent contractor, especially if you cut all the middle man and work directly with the insurance company. If I wasn't before, now i am seriously considering pivoting to the dark side, lol.
Evaluations vary in complexity. My low level evaluations bill at $300, Moderate $400, High level complexity requires more medical history review more performance areas to assess, plan and treat $600. So when giving advice, you could research what the hospitals and clinics charge and NEVER UNDERESTIMATE THE VALUE OF YOUR, SKILLS, TRAINING, LIABILITY. You also have business experiences and need to continue paying those bills and salaries, so you can’t expect to charge anywhere near the low wages that OTs earn as hourly or salaried employees. By the way, calculate the amount of time you spend researching, writing assessments, daily notes, appealing insurance denials, emails, contacting caregivers, teachers, and referring physicians.DON’T GIVE YOUR SKILLS AWAY ON INSTAGRAM, FACEBOOK ETC FOR FREE. Establish your brand and take it seriously.
Tina do you treat Adults? is it cash based?
10K is happening all the way! yes, calculators can be a great motivator. "Don't get stuck!" love that advice :)
Yes! Thank you!
Which areas of OT are most profitable in terms of opening business?
It all depends on the current needs/ demands ( settings and population) what area are you thinking?
@@LovelyyOT south Florida!! I just got accepted into a doctoral program and my dream was to always open up my own practice
Can an OTA travel independently?
Yes
Can OTAs do this also?
It depends :
Yes….COTA’s can, I have worked for COTA that ran their own Business. I have known COTAs that make more money then some OTRs, I would of been a COTA if I knew this before becoming a OTR. Less responsibility and they make about $5.21-$7.21 less then OTRs depending on what state and setting they practice. Where I work COTAs do everything an OTR does except evaluations. Not sure what state you live in but do your research on how you can start your own business. COTA’s also can be a Director of rehabilitation or a Assistance Director of rehabilitation. I didn’t know that COTAs do just as much and sometimes more than OTRs. Most OTRs aren’t familiar with all the different things a COTA can do so don’t get discouraged.
Hey sis. Are you an independent contractor right now?
I work PRN only
Great video but RIP to any headphone users jesus. Volume awareness
thks
Lol. I did that calculation nonsense when I was 25 ;). I think the max salary with benefits for an OT WITH benefits is about $120,1000 which stinks because you trade in your body for average pay (you'll see in time) Independent contracting is a shit deal. Add health insurance, time off, 401k, disability and life insurance, overtime... etc.. you man's less than a fool time job.