Entrep Nurse
Entrep Nurse
Entrep Nurse
ENTREPRENEURIAL
ACTIVITIES IN THE
COMMUNITY SETTING
ENTREPRENEURSHIP
entrepreneurship
"to undertake”
▹ assumes the responsibility
and risk
“
"Entrepreneurship is
neither a science nor an
art, but rather a practice.
It has a 9 knowledge
base, which is a means to
an end, the end being the
creation of something
new – an innovation"
(Manion 1990).
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entrepreneur
▹ A proprietor of a business
that offers nursing services 6
ers
scope of entrepreneurial
practice
▹ nursing services
▹ development, assessment and sale of
health care products and devices; 10
▹ legal services;
▹ health care/policy consultation; and
▹ health care/policy publications.
Nurse entrepreneurs:
Attitudes and Characteristics
▹ Why does starting a business interest me?
▹ What are my clinical strengths?
▹ What are my personal strengths and weaknesses?
▹ How well do I cope with uncertainty?
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▹ How essential is a steady income?
▹ Do I have necessary financial, emotional and physical
reserves?
▹ Do I have the support of those closest to me?
▹ Do I have the time and energy required to get the
business started?
▹ What sacrifices am I willing to make to pursue this
activity?
Beneficial attributes for
entrepreneurs include the ability:
▹ to make decisions independently;
▹ to take risks in order to achieve a clear set of goals;
▹ to plan ahead;
▹ to be flexible and adaptable to unexpected changes 12
and opportunities, ready to deal with failure,
ambiguity and uncertainty;
▹ to get things done on time;
▹ to take advice from others;
▹ to be persistent;
▹ to communicate well; and
▹ to know when and when not to compromise.
ROLES AND SERVICES
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How-To: Nurses
Becoming
Entrepreneurs
How-To: Nurses Becoming
Entrepreneurs
▹ nurses need to ascertain their
goals
▹ develop a strategy for establishing 19
a successful business.
▹ A Bachelor of Science in Nursing
(BSN) prepares nurses for
operating a healthcare business.
Why Would Nurses Prefer
Entrepreneurship?
▹ After spending time working in
hospitals or other healthcare
facilities, nurses may tire of the 20