Therapists:The Profit Potential of Substack: Sharing Our Journey from Nothing to Profit in 3 Months
A revenue stream that doesn't demand countless one-on-one sessions. Sounds appealing, right? How its worked the facts and figures revealed.
Okay, this is uncomfortable! We don’t talk about money normally or we didn’t until we built a community where we are going to demystify the ins and outs of private practice and we can't deny the importance of sustaining ourselves financially.
Especially when, as therapists, we are the main tool we need to deliver our therapy; it’s kind of important we are able to sustain our lives financially so we can have a good work-life balance and support our reflection time and professional development.
Enter Substack, our newfound ally in generating an extra source of income. We’ve been able to create an additional stream of income in a very short time by sharing our expertise and content with a broader audience. We don’t think it should just be us benefiting from this amazing platform.
Could Substack Be For You Too?
Can you imagine for a moment having the freedom to serve your clients in other ways, working when you want and delivering the information in more ways than just behind the therapist’s door?
Therapists have so much expertise, knowledge and experience that can be shared in a wider-reaching way. Not all clients have the financial means to access private therapy or they might not be ready for therapy; they might want to get to know you a little more before they book an appointment with you, or they might be on an NHS waiting list looking for some support, advice or information while they wait.
Unlike other social media platforms, the goal is not to demand you create content to increase followers or support the Google algorithm; you own the platform and your followers, so you might put lots of work into your Substack and then later down the line want to move your followers to another platform well Substack allows you to do this as you can download the list of your email subscribers at any point.
If the idea interests you, then we have a Q&A you can listen to here -
How it Works
Substack allows you to offer paid subscriptions to your newsletters/content that you could deliver weekly or monthly; the subscriptions are often low-cost to make them affordable to people and to reimburse the content creator’s time and energy to make it sustainable.
Writers or experts on the platform often deliver exclusive content to paid subscribers or Q&A sessions like we do at Therapists Corner or behind-the-scenes access and a more personalized individual experience. By eliminating the need for intermediaries and providing a direct revenue stream, Substack is capturing the interest of many people.
Imagine how amazing it would be to have an extra source of income while doing what you love, all while serving your clients in a way that doesn't demand countless one-on-one sessions. Sounds appealing, right? Well, that's the exciting possibility that awaits you!
By offering paid subscriptions to exclusive newsletters/content, you can monetise your work and reach more people simultaneously. Say goodbye to the limitations of traditional models and unlock the potential for financial success while staying true to your passion.
Additional income stream allows you to take breaks, have that all-important reflection time, invest in self-care or take the additional training you are excited about to enhance your therapeutic skills, ultimately enhancing your ability to provide quality one-on-one therapy and ensuring the long-term success of your private practice, which in turn means that you can support more people on your journey.
Discover a whole new way to make money on Substack while doing what you love!
Right, we’ve sold it to you as a possible idea.
Paid subscribers - Let’s dive in deeper, and we will explain how we started and give you the hard facts and figures of exactly how much we are earning each month and the annual revenue we have achieved in just three months. You won’t believe it!