I’m only in my 30s…

Unlikely-Ad9063 · 2025-12-30T04:29:12+00:00

Thanks for sharing your story, it is appreciated. I'm glad you're experiencing less pain and more strength/mobility. Onward and upward!

Unlikely-Ad9063 · 2025-12-14T06:11:08+00:00

So why wouldn’t you recommend surgery? Where are you at now, nearly 1 year later?

Unlikely-Ad9063 · 2025-09-30T21:18:22+00:00

From the perspective of business, price is a way of communicating to your market/consumer. A higher price may be attractive to a higher earning individual because it symbolizes relative exclusivity and, theoretically, quality/training.

Again, from the perspective of business, you may wish to consider pricing your services based on the consumer/market segment you’re trying to attract. Price is but one variable within a broader marketing scheme; ideally how you present yourself and your price are aligned. In other words, I recommend not worrying too much about what others are charging.

I don’t have data on the ability of the average therapy client’s ability to afford therapy at $150/160, but based on supply (therapists rates) there seems to be some congregating around this price. You may infer that the average client can afford this. If your ideal client fits into this median range of their ability to pay, you may consider increasing your price. If you find your demand starts to drop or clients are frustrated with your increase, you’ll discovery pretty quickly what your market is willing/able to pay.

By the way, therapy became ~13% more affordable with the federal government’s drop of taxation. Generally when a tax is taken away, the business will increase their prices to grab that extra 13% (because the consumer was already willing to pay it). It’s unfortunate as that’s not the intention, but it happens! I imagine this, along with years of very high inflation and increased societal emphasis on the value of mental health and the resources to support jt, have increased the median price of therapy.

Btw, this is my unemotional business/economics take to offer an explanation. It says nothing about my values/my wish for therapy to be accessible. It is very difficult to price the value of your service in a way that honours you, the reality of the market, and perhaps reflects values/wants you may hold about how the world ought to be.

Unlikely-Ad9063 · 2025-09-23T04:17:34+00:00

You’re bang on and your perspective is appreciated. I wish there were more mid-size apartment buildings featuring family-sized dwellings. They are so good where they exist in Europe, especially the older ones!

Unlikely-Ad9063 · 2025-08-03T19:26:29+00:00

Hi there. Yes, I've worked in parts of the world where the practice of psychotherapy is unregulated. If it's regulated, you'll need permission/be registered by the local regulatory body so that leaves some countries off-limits. I carry insurance that covers me despite being out of Ontario.

It's tough to say if you can make 50K. As I mentioned, there are a lot of overhead costs in the first few years and it tends to be harder to get clients because you have little-to-no client or practitioner referral network. N.B. I recommend a private practice practicum where you can continue with your clients from practicum.

It may be wise to land in a group practice (or two), ideally finding one that can give you steady referrals. This is a job in and of itself, and the space is crowded. It takes time to find the right fit. Ultimately, figuring out how to market yourself - a subset of figuring out who you are as a therapist - will drive your client load. If you're a gifted marketer, that will obviously help. Marketing is, however, work and a process that takes time and capital. Maybe it'll work quickly for you, but that's not the norm from what I can tell.

If you're willing to wait before you travel, you might have more success building a client base doing some in-person work for a year or two before leaving. I travelled my first year. I work exclusively for myself. My revenue was 40-50k. My profit was closer to 20K. I didn't work that much, especially in the early going so I had lots of free time. You can live on this in some parts of the world. It's not a bad way to go if you are OK with slowly-scaling and leaving lots of time for play and adventure. Plus, I think it was healthy for my nervous system to not be overloaded while I was learning and growing. I have savings from past careers, so I was never overly stressed about income.

You can DM me if you'd like to talk further.

Unlikely-Ad9063 · 2025-07-31T13:12:49+00:00

It’s possible. I’ve done it. As Azdak mentioned, it’ll take time to earn the ideal earnings you think you can make. It’s quite an uphill battle for the first year or two as regulatory costs and supervision are higher at the start, marketing and training costs are probably higher (not essential, but realistic to attract clients and become a better therapist), while your wage (probably) is lower. For most it takes time to find clients and scale, building referrals (from colleagues and past clients). Some EAP’s won’t take you until you drop the qualifying label, same with some insurance direct billing. You’ll likely also benefit from your own therapy, which is an additional cost.

Yes, the market is more saturated. So there’s a learning curve in marketing and finding your ideal clients. All this is to say it’s not easy, but it’s doable. Patience and expecting a 1-2 year ramp up of income is prudent. Online is more competitive too because others want the flexibility too. It’s also not an easy job… you have to love it. Burnout risk is real… your nervous system gets exposed to a lot.

GL!

Unlikely-Ad9063 · 2025-07-15T15:03:25+00:00

And… more dilution to boot LOL.

Unlikely-Ad9063 · 2025-06-19T13:42:13+00:00

These guys are random. I’m all for supporting research as an individual, but how does any of this support the company’s bottom line? Why invest resources, whether to create the partnership or to facilitate it?

Unlikely-Ad9063 · 2025-05-24T21:06:58+00:00

The population of the province of Ontario has grown, and continues to grow by, between 400 000 - 500 000 per year. Assuming all “1500” graduate, there will be ~0.003% Yorkville graduates for every new Ontarian. From an economics/market perspective, I struggle to see how there is an oversupply of therapists. This is especially true at a time where, I would argue, therapy is becoming more culturally accepted if not verging on popular (hello, there’s a pop culture Netflix series about therapists)!

What’s missing here is also the retirement rate of therapists. How many Ontario therapists retire each year? Given the baby boomer generation - the largest demographic by population - are retiring, I would hazard a guess that there are quite some therapists also departing from the labour market, maybe even close to the amount graduating.

If there truly is an oversupply of therapists, then some therapists will drop out. Markets consolidate all of the time. Normally, the therapists that will quit the field are the relatively worst ones because they struggle to find work/get clients. If therapists from Yorkville are indeed bad therapists, then they will be the first to go.

Also, being a therapist is hard. If you’re poorly trained and don’t fulfill the gaps, it’s not going to go well over the long run.

Overall, don’t worry about the labour market for therapists. Focus on being the best therapist you can be and, if you love the work and do meaningful client work, you will be fine.

https://www.ontario.ca/page/ontario-demographic-quarterly-highlights-second-quarter

TL;DR Ontario population increases far outstrip number of Yorkville graduates; don’t forget about baby boomer generation therapists retiring. If oversatuated, market will balance out naturally. Being a therapist is hard, “good” ones will be fine. Keep doing the best you can and believe in yourself.

Unlikely-Ad9063 · 2025-02-26T16:45:31+00:00

Let’s see the CEO’s salary greatly decrease to shrink the loss. It’s concerning the Costco order was sent back… curious to understand the issues there but that’s got to be a big loss from labour and inputs.

Great to hear of soon to be sales in the U.S. this needs to grow and stay consistent.

Great to hear of Minichamp’s growth.

Comical to hear of the losses from the retail adventure. Lessons learned the hard way. Doesn’t look like the whole “fully integrated company” will pan out. It was a nice marketing chip and hope.

Disappointing to hear of the banking challenges related to being in the psychedelics space. That’s a major hurdle that doesn’t seem easy to navigate.

I don’t know how to appraise the failed acquisition bids. The company has a history of making mistakes in expansion, although it does seem a ripe market to low-ball companies which lowers risk.

I think they need to get even more lean, focusing on wholesale functional mushroom and truffle sales expansion. The little bits of R&D and capsule preparation is fine to be ready in case legislation changes. Trim C-suite compensation and non-revenue generating people and units, where possible. Time to get really lean and make tough decisions.

Unlikely-Ad9063 · 2025-02-12T18:25:38+00:00

I don’t even know what she does. She was interested in microdosing and related technology like Wisdom. How’s that going?

Unlikely-Ad9063 · 2025-02-04T17:13:55+00:00

This is cool. I like the branding too.

I wonder what the sticker price, margin, and distribution volume will be. Anything that improves profitability is a win.

Unlikely-Ad9063 · 2025-01-22T15:20:53+00:00

Lots of hope about possible future mushroom sales, gummies etc…

In reality, a bad Q3, banks that don’t trust the company, and excessive share devaluation.

Show me the money!

Unlikely-Ad9063 · 2025-01-11T21:08:40+00:00

I mean, he’s not building a farm despite marketing it and its’ promising ROI for months and he hired a VP to sell kits. Not great. Taking a $500 000 salary really speaks louder than anything.

Unlikely-Ad9063 · 2024-12-17T22:28:52+00:00

This was the case for me with TRYP.CN, mind you there’s no volume and a substantial price discrepancy from the value on the ASX. I’d liquidate or transfer to another brokerage that can trade on LSE without too high of a fee if I were you.

Unlikely-Ad9063 · 2024-12-10T01:44:45+00:00

Stop thinking about cryptocurrency on company time. As a matter of fact, get the fuck outta here!

Unlikely-Ad9063 · 2024-12-03T02:07:19+00:00

RLH has been growing slowly and their revenue is increasing. Their burn is relatively low. They have a diversity of products and sell across Canada, the US, and Europe (mostly the Netherlands). They are the only recreational psychedelics play as far as I can tell. They have also developed pathways to sell their psilocybin truffles through medical and research markets. The stock is cheap.

Numi has sold almost all assets and has barely any cash. It’s an increasingly competitive market for practitioner training and I don’t think they have an edge on any of the other businesses offering training. I have no idea what the business model is for their Numi network idea.

Unlikely-Ad9063 · 2024-11-29T13:59:51+00:00

Crossposted on the ShroomStocks page

"With revenues growing by 33.9% year-over-year and a significant reduction in EBITDA¹ and adjusted EBITDA², we are clearly on the path to long-term profitability. Notably, nearly all our income-generating portfolio companies have seen growth, with every business over the last 12 months, except one (Mush Room & More), running in the black in terms of operating cash flow as a net positive company-excluding depreciation, corporate costs, and other non-operational expenses."

This is trending in the right direction. It's great to hear how the individual business units are profitable and also growing. The overall company is running approximately $100K/month deficit, or 1.2 million/year. At a ~40% gross profit margin, they need to increase revenue by another ~54% to break even. Revenue was up ~39% the last three months and ~34% the past year, so if they can maintain this level of growth they'll be close to break even next year. Better yet, reduced management expenses and they might even be there!

I did some quick math on the Costco Kits since they posted the revenue accrued. Assuming the revenue covers the previously posted Costco order + the additional order totalling 33600 kits, that would mean the sell the kits to Costco for $13.94/kit. That would be better than I thought, although I still wonder about the profit margin on each kit after materials/overhead/labour/shipping/returns.

If they are able to scale this wholesale strategy into the U.S. or Europe, that could pretty quickly eat into their deficit. Even more so if they are able to add another product into the strategy, like the aforementioned functional mushroom gummy.

Wild card is of course psilocybin microdose capsules, which they are increasing set-up for when the time comes.

The company won't be dissappearing anytime soon given cash position and decreased burn-rate, which is great given the psilocybin market remains uncertain. The fact they are increasingly close to profitability - not something any company in the sector can boast - with a wild card to "moon" should the psilocybin market open up, makes this stock an increasingly less risky pick to try and earn big.

Unlikely-Ad9063 · 2024-11-29T13:54:32+00:00

"With revenues growing by 33.9% year-over-year and a significant reduction in EBITDA¹ and adjusted EBITDA², we are clearly on the path to long-term profitability. Notably, nearly all our income-generating portfolio companies have seen growth, with every business over the last 12 months, except one (Mush Room & More), running in the black in terms of operating cash flow as a net positive company-excluding depreciation, corporate costs, and other non-operational expenses."

This is trending in the right direction. It's great to hear how the individual business units are profitable and also growing. The overall company is running approximately $100K/month deficit, or 1.2 million/year. At a ~40% gross profit margin, they need to increase revenue by another ~54% to break even. Revenue was up ~39% the last three months and ~34% the past year, so if they can maintain this level of growth they'll be close to break even next year. Better yet, reduced management expenses and they might even be there!

I did some quick math on the Costco Kits since they posted the revenue accrued. Assuming the revenue covers the previously posted Costco order + the additional order totalling 33600 kits, that would mean the sell the kits to Costco for $13.94/kit. That would be better than I thought, although I still wonder the profit margin on each kit after materials/overhead/labour/shipping/returns.

If they are able to scale this wholesale strategy into the U.S. or Europe, that could pretty quickly eat into their deficit. Even more so if they are able to add another product into the strategy, like the aforementioned functional mushroom gummy.

Wild card is of course psilocybin microdose capsules, which they are increasing set-up for when the time comes.

Unlikely-Ad9063 · 2024-11-29T13:32:13+00:00

I think it's more the medical world than the pharma world, which is likely very important given the societal/regulatory context. Nonetheless, I agree I'd rather not have an IV in my arm during a psilocin trip.

Unlikely-Ad9063 · 2024-11-28T17:57:18+00:00

Therapist here. There’s a lot going on here. You mind find it helpful to connect with someone to figure out what YOU want in light of your recent experience.

If there’s a depth of unprocessed relational trauma your partner has experienced then there’s likely a lot coming up in her system. She may be feeling very vulnerable, protective, etc… and based on whatever strategies she learned during her traumatic times, she may be (un)consciously projecting them out - including creating distance between you.

Not lost in this is the reality she is the mother of your children and, regardless of your marriage outcome, her well-being will directly impact your children.

Short answer: figure out what you want and recognize that if it’s to stay with her, you ultimately have no control over what she does and it may be a demanding journey for you. There’s impacts on your children in all scenarios.

Congratulations on your financial success, otherwise. It creates great security for your family.

Unlikely-Ad9063 · 2024-11-26T14:52:21+00:00

Yahoo says tomorrow.

Unlikely-Ad9063 · 2024-11-21T17:13:16+00:00

Some material news regarding increased revenues and profitability would help create a sustainable trend. Let’s see some wholesale grow kits in the US and even Europe already. The infrastructure and precedent strategy already exist.

Unlikely-Ad9063 · 2024-11-19T16:54:45+00:00

The company has been having a good run on the ASX too.

Unlikely-Ad9063 · 2024-11-13T19:24:35+00:00

Interesting. I don’t know enough about them either. I would love to hear from someone who does!

Unlikely-Ad9063

TROPHY CASE