Despite the highly beneficial and proven effects of psychological care and treatment, many people do not realise what it takes to become a trained, certified psychologist. One must complete a minimum of 6 formative years (this includes 4 years for a university degree plus 2 years as a provisional psychologist), all while supporting themselves financially. This brings about an ethical conundrum for psychologists, many of whom are still made to feel that charging for their services is unethical as it is their duty to the community to help. This long-standing argument has led to psychologists facing a number of challenges in running successful practices that can, in fact, help their communities in the long run. Even after the introduction of the Medicare rebate via GP referrals, the ethical conundrum persists (now, instead of being made to feel that they must offer their services completely for free, private practices could now bulk-bill at a rate of $84.50 for 50 minutes). Bringing about a change in this mentality is what Life Resolutions spends a bulk of its time on.
Another challenge that many psychologists face is directly related to the curriculum of the psychology degree. Almost 80% of psychologists eventually end up in private practice, however, they do so lacking the skills required to run their own business. Basic business theory and practices are not included in the teaching curriculum of a psychology degree, leaving many graduates ill-equipped to start their own clinics. Basic concepts such as balance sheets, profit and loss statements, and financial forecasts are alien to most psychology graduates, and such rudimentary tools, which are required to understand any business, could mean the difference between a successful clinic and a failure. Life Resolutions aims to remove this obstacle from the paths of struggling private practice psychologists, taking the business aspect of their clinics off their hands so that they may focus on the most important aspect of their business: the patients.