ENTREP- CHAPTER 4 Flashcards
Nurse entrepreneurs: Attitudes and Characteristics
The motivation to start a business or be
self-employed requires ___________, a
______________ for solving a problem,
and a ______________ for success.
Success will more often be achieved if
the reason for seeking change is
positive and not just a reaction to
negative work issues.
vision, creative idea, strong desire
Chapter IV: Nurse entrepreneurs: Attitudes and Characteristics
Nurses contemplating a ___________ will
begin by conducting a thorough assessment of their motives and their capacity to handle the demands of the enterprise they have in mind.
new venture
Chapter IV: Nurse entrepreneurs:
Attitudes and Characteristics
For a nurse entrepreneur who wants to start her own business or private practice, the advantages and disadvantages of owning a
business should be _______________.
carefully considered
Chapter IV: Nurse entrepreneurs:
Attitudes and Characteristics
According to __________________
‘agency’ and ‘risk taking’ are often said
to be defining characteristics of
entrepreneurial activity.
Traynor et al. (2006)
Chapter IV: Nurse entrepreneurs:
Attitudes and Characteristics
- good measure of
self-confidence - a strong self-image
- a need for achievement.
Most have a:
Chapter IV: Nurse entrepreneurs:
Attitudes and Characteristics
- motivated
- disciplined
- very organized.
Entrepreneurs need to be:
Chapter IV: Nurse entrepreneurs:
Attitudes and Characteristics
- display integrity
- reliability
- patience
- enthusiasm
Important for the nurse
entrepreneur to:
Chapter IV: Nurse entrepreneurs: Attitudes and Characteristics
- display integrity
- reliability
- patience
- enthusiasm
Important for the nurse
entrepreneur to:
Chapter IV: 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?
- 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?
Schulmeister (1999) recommends that nurses examine their goals
and resources and answer several important questions:
Chapter IV: Nurse entrepreneurs:
Attitudes and Characteristics
- 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 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.
Beneficial attributes for entrepreneurs include the ability
Chapter IV: Nurse entrepreneurs:
Career Planning
The _______________________________
firmly believes that career development
is a major contributing factor in the
advancement of health systems and
the nursing profession worldwide, and
is directly linked to the maintenance of
high quality care delivery (www.icn.ch).
International Council of Nurses
Chapter IV: Nurse entrepreneurs:
Career Planning
is a continuous process of self-assessment and goal setting that can be a key influence on a nurse’s ability to thrive on the opportunities created and grow with change rather than merely resist.
Career planning
Chapter IV: Nurse entrepreneurs:
Career Planning
The skills required to engage in career planning are those same skills nurses already use in their daily practice as part of _______________________ and ____________________.
problem solving and the nursing process
Chapter IV: Nurse entrepreneurs:
Career Planning
______________________________ assists nurses to develop and utilize the knowledge, skills, and attitudes necessary for them to create a work content and environment that is meaningful, productive and satisfying.
Career planning and development
Chapter IV: Nurse entrepreneurs:
Career Planning
The career planning and development
process is really about the
development of a life skill; one that
nurses can apply not only in their
workplace, but in their ______________ as
well.
personal life
Chapter IV: Nurse entrepreneurs:
Career Planning
is an option that is worth considering when exploring the wide range of career opportunities accessible to nurses.
Entrepreneurship
Chapter IV: Nurse entrepreneurs: Career Path
Nurse entrepreneurs combine
____________________ and ________________ to develop successful business ventures that center around optimal care delivery.
healthcare knowledge, business sensibilities
Chapter IV: Nurse entrepreneurs: Career Path
- information technology and patient data storage,
- healthcare services, or medical
devices.
Nurse entrepreneurs can focus their
business on any of numerous health-related categories, such as:
Nurse Entrepreneur
Becoming a nurse entrepreneur
can give a nursing professional a
significant measure of freedom to
build their __________________ on
their own terms. However, this
freedom is carefully shaped and
earned by a specific step-by-step
process.
healthcare career
Nurse Entrepreneur
- Education
- Certification
- Experience
- Clinical Experience
- Nurse Entrepreneurship Qualities
- Business Development
- Independence
- Passion
- Flexibility
Specific step-by-step process to become a Nurse Entrepreneur
Nurse Entrepreneur
- Adaptability
- Leadership
- Persistence
- Resilience
- Time management
some skills that help define what nurse entrepreneurs are and what sets them apart
Nurse Entrepreneurs Are Making an Impact
is considered the first nurse entrepreneur. She founded the
American Red Cross in 1881, and her
organization continues to make a
profound global impact today.
Clara Barton
Nurse Entrepreneurs Are Making an Impact
who founded AMN Healthcare in
1985 under the name American
Mobile Nurses.
Gayle Francis
Nurse Entrepreneurs Are Making an Impact
The company she founded, Pathways
Consulting, provides services to the
procurement and tissue banking community.
Cyndie Colarusso
Nurse Entrepreneurs Are Making an Impact
is the founder of Unlimited Potential,
a skincare and wellness studio that
takes a holistic approach to mind,
body, and spirit.
Renee Baldo, RN, BS, MBA.
Chapter IV: Nurse entrepreneurs: Roles and services
The nurse entrepreneur can assume a multitude of roles directly linked
with the professional and business aspects of a practice (see Figure 2
below).
Roles and services
Chapter IV: Nurse entrepreneurs: Consultancy services
Nurses have a _________________ of
information about many practice areas
including clinical treatment methods,
patient needs, models of care delivery,
health promotion and disease
prevention, and how best to recruit and
retain nurses in a health care system.
tremendous wealth
The major consultation models described by Berragan (1998) are:
- where the client recognizes the
need for specific expertise and will pay
to obtain it
Purchase of expertise
The major consultation models described by Berragan (1998) are:
- where the consultant is brought in
to diagnose a problem and prescribe treatment for it; and
Doctor (provider) /client
The major consultation models described by Berragan (1998) are:
- where the consultant
teaches the client diagnostic or problem solving skills, or evaluates an organizational situation.
Process consultation
