There’s Always Going to be Tradeoffs
“Every role. Every structure. Every position has tradeoffs.”
As therapists, you’re constantly in pursuit of happiness, fulfillment, and maybe a bit of balance in your careers, but let’s face it—everywhere you look, there seems to be a lot of noise, with promises of the perfect job, the ideal practice, or the dream career. It all feels a bit too good to be true, doesn’t it?
Let’s clear the air. Here’s the truth: there is no perfect scenario. Every role, every structure, every position in your career comes with its own set of trade-offs. That’s just how it is, and the sooner we accept that the better we can navigate our choices.
As a CPA who works with group practices, I see this all the time. Whether it’s structuring compensation or deciding on career paths, there are always pros and cons.
W-2 Role: Offers stability, benefits, and support, but limits your flexibility.
1099 Role: Provides autonomy and control, but comes with financial risk and fewer benefits.
Entrepreneurship: Gives you full freedom and ownership, but adds the burden of running a business.
The key is to choose your hard. There’s no perfect fit, only the right fit for you. Make an informed choice, embrace the trade-offs, and own it.
If you need guidance on navigating your career options or managing your finances, I’m here to help.