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Your Path to Financial Freedom as a Nurse Practitioner
- Lori Fauquier, APN-C, WHNP
- May 11
- 4 min read
Updated: Jun 17
For years, the “safe” salaried nurse practitioner (NP) job was viewed as the ultimate career goal. It promised a steady income, benefits, and the prestige of working within a recognized clinic or hospital system. But lately, this narrative has begun to shift. More nurse practitioners are bidding farewell to salaried roles and embracing something they have long desired but were often told was unrealistic: financial freedom.
If you’re feeling burnt out, underpaid, and undervalued in your current job, this post is for you. You're not alone, and there is a better way.
Understanding the Burnout
Long hours, rushed patient visits, endless charting, and low reimbursement rates—does that sound familiar?
Nurse practitioners across the country are reaching a breaking point. Many entered healthcare to create positive change, but now feel stuck, giving their all without receiving much in return. What once felt fulfilling is now draining.
If this resonates with you, remember: it’s not a personal failure. It’s the system at play. That’s why numerous NPs are choosing to walk away from traditional roles.
What Does Financial Freedom Look Like for a Nurse Practitioner?
Here’s the truth: financial freedom doesn’t require working 80 hours a week in private practice. It doesn’t have to come at the expense of patient care or your passions.
So, what does it mean? It means:
Gaining control over your time
Earning an income that reflects your true value
Choosing who you want to work with
Building a sustainable career that aligns with your lifestyle
For many nurse practitioners, the journey to financial freedom often begins with exploring telemedicine or launching a private practice that resonates with their mission—all on their own terms.
My Journey: From Burnout to Building My Dream Business
I understand where you are because I’ve walked in those shoes.
After several years in clinical settings, I took the leap into telemedicine, hoping it would provide the freedom I sought. While I loved virtual care, I soon realized that working on W2 telemedicine platforms still came with constraints—limited autonomy, inflexible schedules, and capped income.
That realization prompted a change.
I transitioned to 1099 telemedicine work while simultaneously launching Telemedicine Chick, my passion project aimed at assisting other nurse practitioners in embracing telemedicine, streamlining their licensing, and crafting careers that honored their aspirations. All this time, I was focused on a larger goal: establishing my own private practice.
Today, I manage both businesses, and the freedom it has brought into my life is invaluable. Now, I don’t have to ask for time off. I control my own schedule. I dictate my workday. For the first time in ages, I feel relaxed and energized by my career.
And if I can do it, so can you.
What Would Your Next Chapter Look Like?
There's no universal path to financial freedom. Each nurse practitioner will chart their own course. Here are some ways NPs are breaking free from burnout and building careers on their own terms:
Starting with one telemedicine platform
Expanding into multiple telehealth roles across different companies
Launching a niche private practice (like weight loss, hormone health, or mental health)
Creating a mobile concierge practice for local patients
Offering virtual wellness consults or health coaching
Establishing a membership-based care model
Selling digital products or creating courses focused on patients or fellow NPs
Monetizing clinical knowledge through blogging, speaking engagements, or mentoring
Your degree can unlock more opportunities than you think. It simply requires strategy, support, and the conviction that you deserve more.
Ready to Explore Your Path to Financial Freedom?
You have the skills and the dedication. Now it’s time to shape a career that works for you.
🎯 Let’s build your dream together. Whether you’re looking to dive into telemedicine, start your own private practice, or explore all your options, I’m here to guide you toward your next step with confidence.
💬 Book a 30-minute one-on-one session with me—ask unlimited questions, receive tailored advice, and leave with a clear plan moving forward.
💡 Want a head start on a private telehealth practice?
🎁 Grab your FREEBIE: Top 10 Things to Consider When Starting a Private Telemedicine Practice.
This resource is filled with insights to help clarify your next move—whether you’re ready to launch a practice or just contemplating the idea.
Disclaimer:
The content shared on this blog is based on my personal experiences and is intended for educational and informational purposes only. I am not offering legal, financial, tax, or medical advice. Any strategies or insights shared are not guarantees of results—everyone’s journey is different, and outcomes will vary. Please consult with licensed professionals for guidance specific to your situation. Use of this information is at your own discretion and risk.
This site may contain affiliate links. If you click and make a purchase, I may earn a small commission at no additional cost to you. I only share products and services I personally use or truly believe in.
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