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Break Limiting Beliefs to Grow Your PT Practice
Every private practice owner eventually faces a gap. There is where your practice is today, and then there is where you want it to be. Maybe you want more financial freedom, more time freedom, a stronger team, or a bigger impact in your community. But what is really standing in the way?
It is easy to point to outside forces. Reimbursement pressure, inflation, hiring challenges, Medicare changes, politics, and the rising cost of care are all real challenges. But in this episode of the Grow Your Practice Podcast, Chad explains that the biggest constraint for many practice owners is not external. It is internal.
More specifically, it is the way the owner thinks.
The Real Bottleneck in Your Practice
For many PT practice owners, the main bottleneck is not the market, the staff, the location, or the competition. It is the belief system of the owner.
Self-limiting beliefs sound like this:
“My practice is different.”
“I’m too small.”
“My area is different.”
“I’m too young.”
“I’m too old.”
“Nobody wants to work here.”
These thoughts may seem harmless, but they influence behavior. If you believe nobody wants to work for your practice, that belief will affect how you write job ads, conduct interviews, follow up with candidates, and present your opportunity. Belief precedes behavior.
Chad compares this to patients who come into physical therapy already convinced they cannot get better. If a patient believes their back pain is permanent, they are less likely to commit to care. Practice owners do the same thing in business when they accept limiting beliefs as truth.
How Expectations Cap Growth
Chad shares that when he wrote his original business plan in 2003, he expected to earn around $117,000 per year. For the first three full years of private practice, he landed within a few thousand dollars of that number every year.
That was not a coincidence. His expectations shaped his actions.
Once he started working through limiting beliefs, the practice moved to new levels of profitability and growth. Each time he hit a ceiling, he had to ask himself what “junk thoughts” were limiting his behavior. As his thinking changed, his confidence increased, his expectations rose, and his practice grew.
A Case Study: Hiring Three PTs in 90 Days
One of the most powerful examples from the episode happened in 2006. Chad was trying to hire another clinician and was doing everything he could think of. He mailed thousands of licensed clinicians, advertised in major PT publications, posted on job forums, and used Monster.com, which was the major job site at the time.
But he still was not attracting the right person.
Then he caught the belief running in the background: “We’re too small. I’m too young. Nobody really wants to work for us.”
That belief was shaping his hiring process. Even though he was taking action, he was not acting with conviction.
After identifying the belief, he challenged it. Other practices in his area were hiring. Hospitals and large organizations were hiring. So the belief was not objectively true.
Then he replaced it with a better question: “What would this look like if we had more therapists applying than we could possibly hire?”
That night, he rewrote the ad, changed how he presented the opportunity, and shifted the type of therapist he was trying to attract. Within 90 days, he had hired three physical therapists.
A Simple Framework for Replacing Limiting Beliefs
Chad shares a three-step framework inspired by Jim Kwik’s book Limitless:
First, name the belief. Write down the internal dialogue that may be holding you back.
Second, ask whether it is actually true. Look for evidence that challenges the belief.
Third, replace it with a stronger belief or better question that leads to useful action.
This process helps practice owners get unstuck, raise their expectations, and act with more confidence.
Why Coaching Matters
The episode also highlights the value of coaching, mentorship, and outside perspective. Chad explains that since 2004, he has invested in 11 different business coaches, along with several mentors who helped him think more clearly and grow faster.
The best investment many owners can make is in themselves. A good coach can help identify blind spots, challenge limiting beliefs, provide accountability, and offer perspective that is difficult to see from inside the day-to-day demands of running a practice.
If your practice is not where you want it to be, the next breakthrough may not come from a new tactic. It may come from changing the belief that is controlling your current behavior.
Name the belief. Test it. Replace it. Then act from a stronger place.
The growth of your PT practice may depend on what you are willing to stop believing about yourself, your team, and your future.
