The Real "Price" of Becoming a Ketamine Therapy Specialist
In this blog post, we're pulling back the curtain on the real "price" we paid to transition from salaried physicians to successful ketamine therapy specialists and business owners.
The Trade-Offs of Starting a Ketamine Clinic
Embarking on any new venture, like a ketamine clinic, comes with its own unique set of trade-offs. Swapping the safety net of a salaried position for the thrill of entrepreneurship can be both exhilarating and nerve-racking. But for those of you Healthcare Bosses ready to break free from the confines of a salaried physician role, we're here to give you the lowdown on the "price" and trade-offs of starting your own ketamine clinic. These fall into two categories: time and financial.
The Time Investment in IV Ketamine Therapy
In the early stages of your clinic, expect to clock in longer hours than your hospital job, with much of this extra time going unreimbursed. As any small business owner or private practice physician will tell you, there's no such thing as a set work schedule. We're always thinking about our ketamine clinic, even after hours.
When you're the boss, you can't just switch off after a long shift. Unless you outsource, you're the HR department, janitor, office manager, and administrator. This means less time for other activities, like family and friends. The upside? It's your baby, and like any newborn, it requires a lot of time and energy. But remember, babies grow up!
Financial Implications of Ketamine Treatment
Leaving your hospital job also means bidding farewell to benefits like sick leaves and retirement. Plus, setting up a ketamine clinic requires a significant amount of capital. Initially, you'll lose all the benefits like paid vacation, sick days, retirement, etc. that your administrative staff at your old job took care of.
In time, however, you can establish a retirement plan for yourself and your staff through your clinic. It takes time for the revenue from a ketamine clinic to replace or surpass your previous salary.
Costs and Rewards of Starting a Ketamine Clinic
So, what's it like to start a ketamine clinic? In a nutshell, it's fantastic. We love being business owners and perfecting the art of providing transformational ketamine infusions. We're in awe of the profound impact our work has on our patients' lives.
But this wonderful opportunity does come at a cost, both in time and money. And some days, we're exhausted! But aren't most things in life a trade-off between time and money?
The real question is, "What are YOU willing to pay with your limited time and money?"
For us, the answer is clear. We're more than willing to let go of the security of a salary for the opportunity to run our own ketamine clinic. Our business practices and patient care align with our life purpose. And when you're living your purpose, no cost is too great.
Are You Ready to Start Your Ketamine Clinic Journey?
If you're ready to explore the possibility of opening and managing your own ketamine clinic, register for our free Ketamine Clinic Masterclass and start building your foundation.
Final Thoughts
Making a life-changing decision, like starting a ketamine clinic, comes with its own set of “costs” and sacrifices. We've experienced this firsthand when we decided to leave our hospital jobs. In this blog, we've discussed the costs you'll face to become a ketamine specialist.
While the journey to becoming a ketamine therapy specialist may seem daunting, remember that every great journey begins with a single step. And with the right mindset and resources, you too can navigate the path to success in the world of ketamine treatment.