Contractor vs Employee vs Owner With Dr. Caitlin Fanning, ND [Ep #156]

In this episode of the Profitable Practice Podcast, you are going to learn about real world knowledge on what can go wrong very quickly as an independent contractor, and what life looks like as a business owner, Stay Tuned!

BEING TRIUMPHANT ON THRIVING FROM BEING AN INDEPENDENT CONTRACTOR TO BEING AN ACTUAL BUSINESS OWNER!

Being an independent contractor has a lot of things to be aware and work with. Always keep in mind that there is a huge difference between an independent contractor and an actual business owner. Never be an employee of someone else’s business if you are an independent contractor, nurture no more other business than yours only.

We have Dr. Caitlin Fanning, a Naturopathic Doctor, who will guide us on her journey to being successful, and her experiences on being an actual business owner.

Stay Tuned to learn more!

In This Episode:

[0:47] Introduction and context for today’s episode – the significant difference between an independent contractor and an actual business owner.

[6:50] Who is Dr. Caitlin Fanning? What profession is she in and how’s her journey up to this point?

[9:01] What prompted Dr. Caitlin to shift from being an independent contractor to an actual CEO of her own business.

[13:09] Journey Description: Real life learnings and contract preferences through elaborated experiences of Dr. Caitlin.

[17:57] The actual ‘Red Flags’ of being an independent contractor in another’s business or clinic. 

[23:44] Suggestions on properly dealing with cancellation of contracts.

[26:47] How did Dr. Caitlin succeed with her Patient Retention Rate and her significant steps on the journey.

[29:39] What is it like to have a virtual assistant – experiences with Dr. Caitlin.

[33:54] Notable advice by Dr. Caitlin on balancing time between being a Mother and an actual Business Owner.

[36:46] Dr. Caitlin’s final takeaway.

EPISODE RESOURCES:

• Connect with Dr. Caitlin Fanning :
  • WEBSITE: www.pacificcoastintegrativehealth.com
  • Facebook: Dr. Caitlin Fanning
• Connect with Me :
  • WEBSITE:  www.maximizedbusiness.ca
  • IG: @AndreaMaximND
  • Facebook: Maximized Business
• Related Episodes
  • Ep 154: Get Out of the Contract Trap
  • Ep 113: How To Negotiate An Amazing Contract And PROFIT – For Health Practitioners
  • Free Master class: 3 Step Framework to Merging Your Practice Online
• Click here to book your GAME PLAN call.

After You’ve Listened To The Episode, I Would **LOVE** To Hear Your Thoughts!

One of the best parts of any episode I record is getting to discuss the topic with you! So let me know your thoughts wherever you get social on the net, IG, FB, or email me – wherever!

Thank you for listening and learning with me on the podcast this week. Your commitment to improving the business aspect of your practice matters... Not only to you, but to your future patients and practitioners who want to be working with you. You were meant to help and heal people, so let’s get to work.