You deserve to earn a good living from homeopathy ✨
+ Early bird for Radiant Business School
This is the second of a series of four short essays on working smarter, not harder.
The topic for this essay is Money and Finances.
My story
We are all in a different place in terms of what we need from our practice financially.
I started my homeopathy studies with no financial concerns as both myself and my partner were working with decent salaries.
I could buy all the books and remedies I wanted, and pay for extra seminars and clinics too.
A couple of years into practice I found myself being the sole breadwinner and it was a steep learning curve.
Choosing to move away from a successful career in teaching and into practice as a homeopath was a bold decision.
When I took the leap and gave up teaching completely, I didn’t know my husband was soon to be made redundant.
My earnings from homeopathy barely covered my overheads, and we urgently needed a stable income.
I reached out to friends in local schools to see if I could pick up some part-time work, which thankfully I did.
My husband went back to full-time study to finish his PhD, and I faced a big decision.
Could I earn enough money from my practice to support us as a family until my husband finished his PhD?
The short answer is yes.
The back story is quite long, but let’s just say that I sought advice from many places and did my best to put it all into action.
Working smarter not harder ✨
Part 2️⃣ - Finances
Earning a living from homeopathy is not simply a matter of getting more people to come for appointments.
A bigger mindset shift is needed.
Being a homeopath is work and our practice is a business.
We need to become comfortable with asking for, and receiving, money for the work we do.
Over the years I have learned many ways to work smarter, not harder with my business finances.
Start small 😌
When you are starting out in practice, if your budget is tight, only spend money on essentials. Use free apps such as Google Meet, and buy small quantities of stationery etc.Avoid transaction fees 💷
Clearly state that payment is by bank transfer only. Card processing fees can add up to 100s annually. Think what you can do with that money.Charge for postage ✉️
Charge the postage fee rounded up to cover packaging materials. If you send 10 tracked large letters per month that’s £35 right there. That’s £420 per year.
Charge for remedies 📧
Send an invoice for repeat prescriptions, or for remedies requested that are not part of your prescription.
Your fees show your value ⚖️
More expensive = perceived higher value. Offer concessions for students and people on a low income. The people who can afford to pay more are therefore subsidising those who pay less.
Set up an account with the Natural Dispensary 🌿
They allow you to set up and share a discount code so your clients can buy supplements and some homeopathy products cheaper and you get commission. Every little helps.Use an accountant to submit your tax return ⌨️
Do this from the beginning. You will be operating at a loss which offsets the need to pay tax, at least initially. Lis Sims, is my lovely accountant who also trained as a homeopath in my class at CHE. She helps me claim for a proportion of my home utilities as I work from home. I didn’t pay tax for years thanks to Lis, and when I did start paying tax, she was there to advise me.
Radiant Business School 2025 🪴
Up-level your practice in 2 weeks
These are just some of the tips I have to share on the topic of making a living from homeopathy.
"The course completely changed my practice, my online presence and my income."
"I am earning a proper wage from doing what I love! If you are thinking of doing the course, honestly jump right in. Tracy's experience and insight is invaluable and I for one am very grateful to her."
"Since your course this time last year I've doubled my clients. Thank you for all your help."
With this in mind, I invite you to join me for Radiant Business School this March.
Backstory
Radiant Business School began as a 3-day seminar series in 2016, and evolved into a popular online course. Hundreds of homeopaths have completed it, some of them more than once!
This course distills everything I’ve learned in the last 17 years, through business coaching, marketing courses, dozens of books, and working with many other homeopaths to set up and grow their practices.
Course content
Mindset and Attention - manage your time effectively
Money and Finances - increase your profit margins
Ideal client marketing - online and community marketing that works
Systems and expectations - structure and boundaries that benefit everyone
Workbooks and templates - hosted in an easy to use platform
4x 90 minute webinars - join live or on replay
One to one mentoring session - for the first 10 people to join
Course dates
Monday 17th March – Friday 28th March
Webinar dates:
Tuesday 18th March 9am GMT
Thursday 20th March 5pm GMT
Tuesday 25th March 9am GMT
Thursday 27th March 5pm GMT
(I am hoping these times make it more accessible for homeopaths in the US 🇺🇸, Australia 🇦🇺 and New Zealand 🇳🇿.)
All webinars are recorded, with unlimited replay.
Early bird: £110 (until 28th February)
Full fee: £210
If you need to pay in instalments, please reply to this email 🤍.
As always, thanks for reading.
I’ll be back with Work Smarter, Not Harder Parts 3 and 4 in the next couple of weeks.
If you have any questions about Radiant Business School, just reply to this newsletter. ✨
Tracy 👩🏼💻