MoneyRx for CRNAs
Go behind the scenes with host Brett Fellows, CFP®, as he explores the unique opportunities and challenges facing Certified Registered Nurse Anesthetists along the path to financial independence. In each episode, Brett shares expert insights and actionable advice, equipping you with the tools you need to take control of your financial destiny and retire on your terms.
MoneyRx for CRNAs
Jenny Finnell, CRNA: From Facebook Group to 7-Figure Business - Mentoring 8,000+ Future CRNAs
Jenny Finnell, CRNA, founder and CEO of CRNA School Prep Academy (CSPA) and Teach RN, joins the Money RX for CRNAs podcast to discuss her journey from clinical CRNA to building a dual-business enterprise. Jenny shares the organic, passion-driven story behind CSPA, which has mentored almost 10,000 ICU nurses pursuing CRNA school in just five years, and explains how she launched the scalable peer-to-peer marketplace, Teach RN, to support the broader nursing profession.
This special episode offers candid advice on the hard financial realities, business lessons, and unique challenges of juggling a family, clinical work, and two growing businesses by prioritizing being "fulfilled" over "busy".
Brett and Jenny discuss:
- The accidental founding of CRNA School Prep Academy and its massive, organic growth.
- The shift to Teach RN, a scalable peer-to-peer marketplace, to meet nurse demand for support.
- The business model for both ventures and the future potential for institutional partnerships.
- Key business lessons, including the risk of scaling a team too quickly
- The current trends in CRNA education.
- Financial advice for new CRNAs on managing debt and living conservatively.
- The power of community and its role in achieving an 80% acceptance rate for Academy members.
- Jenny's biggest piece of advice to her past self and to all aspiring entrepreneurs: "Don't be so afraid".
If you found this episode inspiring, please leave a review and share it with your colleagues.
#CRNAs #Entrepreneur #FinancialAdvisor
Key Timestamps:
(0:46) Welcome & Meet Jenny Finnell, CRNA
(1:45) The Journey to CRNA School Prep Academy & Her "Why" Story
(3:48) CRNA School Prep Academy Business Model & Future Institution Partnerships
(6:02) Business Milestones & The Importance of Support and Coaching
(8:05) 3-Year Vision for CRNA School Prep Academy
(9:15) Expanding into Broader Nursing Education with Teach RN
(14:40) Biggest Financial Lessons Learned as an Entrepreneur
(17:44) Advice to Intimidated CRNA Entrepreneurs: "Don't be so afraid"
(28:34) Measuring Success: The 80% Acceptance Rate for Academy Members
(37:09) The Massive Impact of Building Community
For more information and resources related to this episode, please visit the show notes.