Building a Legacy: Mindset and Entrepreneurial Grit with Rhea Stoddart

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In this inspiring conversation, I sat down with Canadian entrepreneur and nurse, Rhea Stoddart, to talk about what it truly means to build a legacy—in business, in family, and in the communities we serve. Rhea shares her remarkable journey from nursing to scaling a national healthcare staffing company with over 3,000 nurses, servicing 150+ facilities, and delivering 2.5M+ care hours throughout Canada.

This episode covers mindset, business growth, resilience, motherhood, burnout, entrepreneurial kids, and preparing your business for long-term success. It’s raw, real, and full of powerful takeaways for anyone building something meaningful.

Key Topics Discussed

Defining “Legacy” Beyond Wealth

  • Legacy as inspiration for others

  • Legacy as mindset — demonstrating what’s possible with belief and execution

  • Raising entrepreneurial kids and modeling resilience at home

Mindset Shifts That Changed Everything

  • Getting stuck in “maintenance mode” after rapid growth

  • Transitioning back to a growth mindset

  • The power of self-talk, affirmations, journaling, and meditation

  • Using examples from past hardships to break through burnout

Entrepreneurship, Motherhood & Balance

  • Building a business with young children

  • How vision, boundaries, and motivation anchored Rhea during hard seasons

  • Working with her husband — the blessings and challenges

Teaching the Next Generation

  • How Rhea is raising entrepreneurial kids through real-life money lessons

  • Amanda's story about entrepreneurial homeschooling programs and early business exposure

Burnout & Longevity in Business

  • How Rhea navigates burnout using grounding practices

  • Building a “mental armor” to handle the daily ups and downs

  • Learning from other entrepreneurs’ rock-bottom stories

Making Hard Decisions for Long-Term Vision

  • Reinvesting retained earnings

  • Spending on marketing, sales, and consultants during slow seasons

  • Knowing when to pivot vs. push forward

  • How she sees the company evolving into home care and virtual care

Legacy Planning for Business Owners

  • Start legacy planning at least 5 years ahead

  • Bring in outside professionals

  • Assess whether the legacy is sale, succession, or continued scaling

  • Prepare future generations or leaders well in advance

Words of Advice for New Women Entrepreneurs

  • Keep your bubble small — protect your energy

  • Stay true to your vision and tune out fear-based advice

  • Don’t overshare in the early stages

  • Build daily mindset habits

  • Lean on resources: mentors, books, podcasts, and AI tools

Connect with Rhea

Socials:
Instagram | Facebook | TikTok
@RheaStoddart

Want to be a podcast guest? Apply here.

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Every parent wants their kid to have a happy and successful future. The problem is they aren’t sure how to prepare them for this rapidly evolving world.

Life used to be easy. Go to school, pass your exams, get a good job and the rest flows from there. Today it's not so simple. The concept of work is changing. Chances are, your kid won’t get a job, they will create one.

Now more than ever, entrepreneurial skills are fundamental to their prosperity and wellbeing. Schools don’t teach these skills; will you?

This book introduces the four pillars of raising entrepreneurial kids: mindset, skills, experiences and coaching, to ensure they thrive whatever their future holds.

 
 

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