Nurse Entrepreneur Spotlight: Ky Arnold & Savannah Arroyo
Savannah Arroyo (RN, MSN, CEO) and Ky Arnold (RN, COO) are two passionate nurses on a mission to create positive change in the healthcare industry through their financial wellness platform, InvestHealth. As experienced nurse leaders, they have seen first-hand the financial stress faced by healthcare professionals during the pandemic and those with creative passions but lacking the resources and confidence to make them a reality. With an innovative solution tailored specifically for healthcare professionals, InvestHealth provides knowledge and a support network to empower all healthcare professionals to take ownership of their financial future. Together, Savannah and Ky believe that empowering healthcare professionals through financial wellness will lead to a healthier future for both patients and providers alike!
Can you tell us about your journey as entrepreneurs in the healthcare industry?
Our journey as entrepreneurs in the healthcare industry has been both challenging and incredibly rewarding. We started our careers as nurses, working long hours and witnessing firsthand the financial struggles many healthcare professionals face. While we dedicate ourselves to caring for others, financial literacy and investment knowledge are often overlooked in our training.
The turning point came when we realized how little financial education was available to our colleagues and to us. We wanted to create a platform that empowers healthcare professionals to take control of their financial futures. That's when InvestHealth was born. Our mission is to provide accessible, practical financial education and investment opportunities tailored specifically for those in the healthcare field.
Building this company from the ground up has been a learning experience. From understanding the unique financial challenges that healthcare professionals face to developing tools and resources that genuinely make a difference, every step has been about bridging the gap in financial literacy.
Through InvestHealth, we've helped many healthcare professionals start their investment journeys, achieve financial stability, and even reach financial independence. It's incredibly fulfilling to see the positive impact we're making on their lives and, in turn, the care they provide to their patients.
What inspired you to start your own venture in this field?
What inspired me to start InvestHealth was seeing the financial struggles and lack of investment knowledge among our colleagues in the healthcare industry. As nurses, we witnessed firsthand how many healthcare professionals — despite their hard work and dedication — faced significant financial challenges and were not equipped with the tools or knowledge to improve their financial situations.
We realized there was a huge gap in financial literacy within our community. We were all focused on our demanding jobs, often with little time to think about personal finance and investing. We wanted to change that by creating a platform that specifically addresses the financial needs and goals of healthcare professionals. Our goal was to empower them with the knowledge and resources to build passive income streams, achieve financial stability, and ultimately, reach financial independence.
Starting InvestHealth was about making a difference in the lives of those who dedicate themselves to caring for others, ensuring they have the financial security and peace of mind they deserve. Seeing the positive impact we've made on the financial well-being of healthcare professionals has been the driving force behind this venture.
What specific problem or challenge in healthcare are you addressing with your business?
At InvestHealth, we address the significant gap in financial literacy and investment knowledge among healthcare professionals. Many in the healthcare industry lack the time and resources to manage their finances effectively due to demanding jobs. We're tackling challenges such as lack of financial literacy, limited time for financial management, reliance on traditional savings, and the need for passive income. Our platform offers tailored financial education and investment opportunities, empowering healthcare professionals to build passive income, achieve financial independence, and secure a stable future.
How does your company's product/service innovate or improve upon existing solutions in the healthcare sector?
InvestHealth innovates by providing personalized financial plans, passive income opportunities like real estate syndications, and continuous education tailored for healthcare professionals. Our platform offers actionable steps for financial improvement and integrates seamlessly as a benefit in healthcare companies, enhancing financial literacy and independence for busy professionals.
What have been the biggest obstacles you've faced in launching and growing your healthcare business, and how have you overcome them?
The biggest obstacles in launching and growing InvestHealth have been navigating the highly regulated healthcare industry and overcoming skepticism about financial services. We addressed these challenges by ensuring compliance with all regulations, building a trustworthy brand, and educating our audience about the benefits of financial literacy. Continuous adaptation based on user feedback and fostering strong relationships within the healthcare community have also been crucial to our success.
Can you share any success stories or milestones that your company has achieved in improving healthcare outcomes or patient experiences?
One of our significant milestones at InvestHealth has been the successful integration of our financial wellness platform into several major healthcare systems. This integration has led to improved financial literacy among healthcare professionals, reducing their financial stress and allowing them to focus more on patient care. Additionally, we’ve received numerous testimonials from users who have been able to achieve financial stability and even financial independence through our services. These successes have underscored the importance of financial wellness in enhancing overall job satisfaction and performance in the healthcare industry.
What advice would you give to aspiring entrepreneurs looking to enter the healthcare industry with their own startups?
Our advice to aspiring entrepreneurs in the healthcare industry is to stay deeply connected to the needs of healthcare professionals and patients. Understand the unique challenges they face and tailor your solutions to address those specific pain points. Build a strong network of mentors and advisors who can offer guidance and support. Be prepared for regulatory hurdles and ensure your product or service complies with all necessary regulations. Finally, remain adaptable and open to feedback, as the healthcare landscape is constantly evolving. Your ability to pivot and improve based on user feedback will be key to your success.
How do you stay informed about the latest trends, developments, and challenges in the healthcare sector, and how does this inform your business strategy?
As the Founders of InvestHealth, we stay updated on healthcare trends through conferences, market research, networking with industry professionals, seeking advice from advisors, analyzing user feedback, and ongoing education. This helps shape InvestHealth's strategy to adapt to industry changes and seize new opportunities effectively.
What are your long-term goals and visions for your healthcare business, and how do you plan to achieve them?
As the Founders of InvestHealth, our long-term goals revolve around transforming financial wellness in the healthcare sector. We aim to expand our platform's reach, ensuring every healthcare professional can access personalized financial planning and investment opportunities easily. By fostering partnerships with healthcare organizations and leveraging technology, we plan to scale our services nationwide. Our vision is to empower healthcare professionals with financial literacy, enabling them to achieve stability and build wealth for a secure future.