We look deep into the world of cash-based physical therapy practices. We discuss the pros and cons of opening a clinic in a gym, explore the concept of loss aversion in business decisions, and share personal experiences from clinical rotations. Whether you're a seasoned physical therapist or a student about to enter the field, this episode is packed with valuable advice on advancing your career, negotiating salaries, and understanding the nuances of clinical education.Main Topics Covered:Evaluating a cash-based gym opportunityUnderstanding risk aversion in business decisionsThe importance of clinical education and mentorshipPersonal experiences from clinical rotationsTips for negotiating salaries and career advancement in physical therapyChapters:00:00 - Introduction02:00 - Cash-Based PT Practice: Evaluating Gym Opportunities10:15 - Risk Aversion and Business Decisions18:30 - Importance of Clinical Education and Mentorship26:45 - Personal Experiences from Clinical Rotations34:00 - Salary Negotiation and Career Advancement Tips42:30 - Q&A and Closing Remarks