Liberated Nurse Entrepreneur Summit: Day 4 Discussion with Sharon Burch, MSN, APRN, APHN-BC, HWNC-BC

Discussion and Historical Reflections
Sharon Burch facilitated a discussion that included light-hearted exchanges and reflections on recent Summit presentations. Peggy brought up a significant discovery of a nurse honored in ancient Egypt for being a nurse to the royal family. This finding sparked the group's interest and appreciation for nurses' vital role throughout history.
Team Obstacles and Strategies Discussion
Sharon discussed nurse entrepreneur's obstacles and strategies to overcome them. Peggy shared her approach of prioritizing clients before building a larger framework, which Sharon supported and emphasized as crucial. Sharon also underscored the importance of understanding their audience, building relationships, and celebrating every win. Nancy expressed her challenges in managing her business while working at her regular job, to which Sharon advised her to take small steps, document her progress, and focus on celebrating wins. Sharon assured Nancy of her support and commended her strategy of working on her business first thing each day.
Cash Runway, Business Planning, and Supportive Networks
Sharon discussed the concept of a cash runway and its importance in business. She highlighted the need to calculate this before starting a business and mentioned the Liberated Nurse Business Incubator program that teaches this. Sharon also highlighted the importance of considering expenses, potential business income, and personal savings before leaving a job. Maria shared her experience of starting a business and the challenges she faced due to leaving a job abruptly. Sharon underscored the necessity of a supportive network for a successful business launch and the uniqueness of each business.
Nursing Field Experiences and Business Planning
Sharon and Stacy led a discussion about their experiences and aspirations in the nursing field, with Stacy sharing her journey and her struggles with business planning. Leanne shared a cautionary tale about a business opportunity that did not align with her financial situation, advising against blindly following others. Sharon and Leanne also concurred on the need for a customized approach to business, warning against oversimplifying complex concepts. Teresa added her experiences to the discussion, highlighting the challenges of building a business while working full-time.
Nurse Coaching, Money Mindset, and Worth
Teresa shared her experience of starting nurse coaching school, a new field at the time. She advised aspiring entrepreneurs to proceed cautiously, recognizing that not everyone is suited for the business aspect of it. She also stressed the importance of valuing our expertise and charging appropriately. Teresa argued for a shift towards a "money mindset," believing that earning sufficient money allows individuals to live fulfilling lives and contribute more to their communities. She nurses to recognize their worth and articulate it.
Nurses Empowering Themselves and Embracing History
Sharon emphasized the importance of nurses owning their power and trusting themselves to contribute. She encouraged nurses to develop self-trust through self-assessment and seeking feedback from others. Leanne then shared a historical artifact about a statue of the nurse Peggy mentioned earlier.
Reflecting on Accomplishments and Utilizing Resources
Marcia encouraged the group to reflect on their past accomplishments and maintain a positive mindset. She emphasized the importance of networking and highlighted the benefits of their current virtual platform. Sharon offered advice to Cassandra on using Canva to design promotional materials, and Stacy suggested exploring free resources at colleges, tech institutions, and libraries for additional assistance.
Private Nurse Coaching Business Strategies
Sarah shared her fears and realizations about starting a private nurse coaching business. She appreciated the advice of taking small, inspired steps and not feeling pressured to make significant changes immediately. She also found it validating to hear that her approach of developing organically and building her portfolio over time was a common strategy among successful nurses. Sharon emphasized the importance of using their nursing process to build their businesses. She encouraged everyone to build their confidence through evidence-based actions and seek feedback from customers and fellow nurses.
Nursing Business Webinar and Networking Plans
Sharon announced a free upcoming webinar on starting a nursing business. Leanne highlighted the importance of mentorship and independent career opportunities for younger nurses. Dee expressed her apprehension about entering the business world due to family responsibilities and fear, but noted her growing confidence.