The Profit Mindset in Counseling: Balancing Business and Purpose

When I chose counseling as a career, it wasn’t because I wanted to think about profit margins or financial statements. My motivation was simple: to help people and support healing. Over time, I’ve learned that making a positive impact also means running my practice sustainably.

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Initially, I tried to operate the counseling centers I founded as a 501(c)(3) nonprofit, focusing solely on helping people without giving much thought to the business side. I soon learned the hard way that profit is necessary to keep doors open. At its core, running a counseling practice requires revenue to exceed expenses. To survive, we must generate more income than we incur in costs. Simply put:

Revenue - Expenses = Profit (Staying Open)

It’s not about choosing profit over purpose. It’s about recognizing that good financial health enables us to continue doing the work we love. Profit isn’t the enemy — it’s what makes quality care possible.

Profit as the Outcome of Value Creation

Profit is more than just financial gain; it’s a transformation. It’s about taking resources — like evidence-based care and structured counseling sessions — and turning them into something that adds value to our clients’ lives.

Profit and Purpose: Two Sides of the Same Coin

Embracing a profit mindset doesn’t mean abandoning our core mission. Instead, it empowers us to do more of what we’re passionate about: helping people. Financial stability means we can invest in professional development, hire competent staff, and expand our services to reach more clients.

When we view profit as the result of value creation, it becomes clear that the goal isn’t just financial gain — it’s sustaining our ability to continue making a positive difference. By balancing purpose with profit, we ensure that our counseling practice remains not only viable but also impactful.


Russell Holloway

Russell Holloway is a licensed professional counselor based in Savannah, Georgia, with over 17 years of experience managing and expanding multi-location mental health practices. He holds a Master of Business Administration with a focus on marketing (2004) and a Master of Science in Clinical Mental Health Counseling (2008), both from Stetson University. Russell is the founder of Holloway Counseling & Consulting LLC, as well as CareLink Media LLC, a company dedicated to helping mental health professionals grow their practices through ethical, effective content. Call or text Russell at (386) 212-3634.

https://www.carelinkmedia.com/
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