47. Profit Vs Revenue: Know the Difference
Jun 17, 2025•12 min•Season 2Ep. 47
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Episode description
Have you ever seen posts from psychologists saying that their practice is making 7 figures, and felt like you’re miles behind them?
That figure may not be as impressive as you think it is! The reason? It all comes down to profit vs. revenue.
In this episode, I’ll share:
- What profit and revenue actually mean
- Why the practices making 7 figures may not be that impressive
- The percentage of profit vs. expenses to aim for
- How to make more profit
- Signs you’re ready to grow
Find out how to work with me: https://www.privatepracticeacademy.com.au/services
FREE content ideas for psychologists: https://www.privatepracticeacademy.com.au/content-ideas
Send me a DM @kerstin_anderson_ridge: https://www.instagram.com/kerstin_anderson_ridge
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