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Posted on 12/17/2022 in Practice Building

41 Lucrative Side Hustle Ideas for Therapists: Diversify Your Income

Let's talk about something that's often on our minds and frequent hot topic in those therapist FaceBook groups– creating side hustles. So, why are therapists often on the lookout for extra opportunities? While we're all passionate about making a positive impact, let's face it, those student loans and bills don't pay themselves. There's a variety of reasons therapists begin looking for ways to generate extra income. Truth be told, many therapists aren't making a living wage. We often find ourselves overworked and underpaid, leading us to explore additional income sources just to maintain a comfortable, steady income. It could be triggered by life changes like a divorce, suddenly making us solely responsible for our financial well-being. Perhaps it's dealing with the rollercoaster of inconsistent client appointments, low insurance reimbursements, coupled with the weight of student loans, a lengthy illness or medical bills, or the simple desire to start prepping for retirement. 

Sometimes, it's all about beating burnout, dialing back on client hours, and finding something that not only meets your financial needs but also energizes and fulfills you and gives you more control over your financial future. Given our innate creativity, you might be flooded with ideas and love juggling multiple things at once.

In this article, we're throwing out 41 awesome ideas for side gigs that therapists like you can explore. Whether you're daydreaming about that perfect vacation or just need a bit more wiggle room in your budget, these side hustles might be the golden ticket. So, let's jump in and uncover the perfect side hustle for you!

1. Provide clinical supervision to other therapists

2. Get certified in a new approach such as EMDR, DBT, Play Therapy, etc.

3. Offer Coaching services

  • Add coaching to your client services.
  • Offer coaching to other therapists.

4. Provide consulting services

  • Consulting to therapists for private practice growth or case consultations.
  • Extend consulting services to other businesses such as schools, daycare centers, businesses, non-profits, , attorneys, and start-ups.

5. Grant writing

6. Apply for federal, state, local and school district contracts

7. Write blog articles for other therapists

8. Become a medical billing specialist for providers or provider other virtual assistance

9. Become and EAP provider

10 Sign up with Telehealth companies

11. Write home studies

12. Create and sell an online course 

13. Become a trainer or keynote speaker

14. Become trained as an expert witness

15. Start a podcast

16. Write a book

17. Create an e-book

18. Develop worksheets/clinical tools for therapists. Sell on your website, Etsy or Teachers Pay Teachers site.

19. Create an app for clients or other therapists

20. Create and sell sandtray miniatures

21. Open an Etsy store - Create and sell mugs, t-shirts, toys, etc. to other therapists

22. Teaching (college, university, virtual schools)

23, Tutoring

24. PRN work at hospitals, treatment centers, etc.

25. Assessments for adoptive parents, immigration, disability, etc.

26. Offer wellness coaching and training

27. Become certified as a yoga teacher

28. Sports psychology

29. Become a social media influencer-Youtube, Instagram, Tiktok, etc.

30. Sharing your knowledge, ideas, interventions—Creating products-forms, play therapy    Ebook 

31. Create a website with paid advertising or affiliate marketing

32. Real estate ventures -Invest in rental properties, flip houses, or list properties on Air BNB.

33. Start a group practice

34. Website developer

35. Social media marketing

36. Conferences and Events- Host conference venues or  create and manage retreats for therapists or clients

37. Create a membership group

38. Invest in a business

39. Start a new business related to a hobby or craft such as event planning, photography, become tour guide, etc.

40. Add services to your practice-groups, camps, a new niche

41. Find some part-time work, such as pet sitter/walker, DJ, nanny, camp counselor, uber driver, etc.

Diversifying income streams not only enhances financial stability but also brings new challenges and opportunities for growth. By exploring your own options for side hustles you can build a more resilient and rewarding professional journey, and even have some fun!

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