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Next Stop: Nurse Entrepreneurship

Judy Campbell MSN, RN, CCM Nurse & Writer; [email protected]

nursing entrepreneurship essay

Entrepreneurs strive to work efficiently, are attentive to details, and are focused. Sounds exactly what nurses are like. Nurse entrepreneurs offer a unique perspective on the nursing role and challenge traditional views of the nursing profession. This significant shift is important as future health challenges call for new ways of thinking, and nurses are yearning for freedom.

When I thought about going into nursing, I pictured myself at the bedside, administering medication, and offering a warmed blanket to a patient recovering from surgery. Or, I would picture myself providing a patient’s family members a listening ear as they processed their emotions. The bulk of our clinical rotations ensured that we could maintain a sterile field while doing wound dressing changes, inserting an IV, and charting. Lots of charting. After graduating from nursing school, we competed for hospital and clinic jobs. I took advantage of how versatile nursing is and worked in various care settings. Over a decade later, during graduate school, I rekindled my love for writing. So, I started researching whether I could combine my passion with my profession.

According to the National Nurses Business Association , as of 2019, 41.1 million Americans had ventured into entrepreneurship. Due to the pandemic, there have been dramatic changes in various healthcare settings. The Mental Health and Wellness Survey 3 was conducted in September 2021, which concludes that nurses are still experiencing the negative impacts of the pandemic on their mental health and well-being. In prioritizing their overall health, nurses are branching out to develop a strategy for establishing their own successful business.

The internet is saturated with information about nurse entrepreneurs. Some nurses are looking for added income, while others are looking for a way to transition away from bedside nursing. The network of empowering and supportive nurses in developing business skills and helping healthcare evolve is phenomenal. What can nurses do that can transcend into a profitable business?

Business ideas for nurse entrepreneurs

Health coaching.

One-on-one health coaching has emerged to safeguard positive patient outcomes. The International Nurse Coach Association trains nurse coaches to “ lead the lifestyle change movement by assisting individuals, groups & communities in achieving their greatest human potential.” Health coaching is the perfect career for the nurse with excellent people skills and a passion for helping patients live longer and happier lives.

In-Home Care

Nurses have started their own agencies that offer personalized care to vulnerable populations. Meeting patients in the comfort of their homes, in-home care nurses offer invaluable support and professional healthcare services when and where they are most needed.

Patient Advocacy

Patient advocacy is the ideal career for the healthcare professional with a strong sense of justice and a fighter instinct to advocate for their patient’s best interests. Accompanying patients to their meetings and important medical appointments, patient advocates work one-on-one and function as intermediaries between patients, healthcare providers, and a patient’s loved ones.

Legal Nurse Consulting

Legal nurse consulting has appeared to provide attorneys with legal consultation and professional healthcare advice on standards of care. Legal nurse consultants can also be expert witnesses, conduct medical record evaluations, and help with statement preparation.

Freelance Communications

Nurse entrepreneurs can share their health care expertise through various communications channels, such as public speaking, podcasts, online courses, books, or photography.

What skills do you need to be a nurse entrepreneur?

The following are skills that define what qualities nurse entrepreneurs have and what sets them apart:

  • Flexibility: Nurse entrepreneurs need the ability to adjust to ever-changing circumstances. The ongoing changes in patients’ conditions or fluctuating market conditions require flexibility.
  • Leadership.  Nurse entrepreneurs should have the knowledge and management skills to inspire those who work with them.
  • Persistence.  As they may encounter resistant clients or patients, nurse entrepreneurs must be willing to persevere.
  • Resilience.  Nurse entrepreneurs need to be prepared to accept failures as opportunities to learn and adjust.
  • Time management.  Nurse entrepreneurs need to expect and manage business-related tasks and responsibilities.

Some credentials will help the business of choice gain traction. Whether this article has sparked your curiosity, or you have considered entrepreneurship in the past, you have information and support at your fingertips.

Gathering information is the first step:

  • Consider business training – business licensing, marketing, payroll
  • Join professional nursing organizations to grow your network and seek a place to initiate marketing for your services. Often, the specific organization will depend on the country in which you practice (e.g. American Nurses Association ; International Organization of African Nurses ; Royal College of Nursing )
  • Find a mentor in the field you are interested in and utilize all available resources

American Nurses Assocation . (n.d.). Retrieved from https://www.nursingworld.org/foundation/

ANA Enterprise. (n.d.). Retrieved from https://www.nursingworld.org/practice-policy/work-environment/health-safety/disaster-preparedness/coronavirus/what-you-need-to-know/pulse-on-the-nations-nurses-covid-19-survey-series-mental-health-and-wellness-survey-3-september-2021/

Berxi. (n.d.). Retrieved from https://www.berxi.com/resources/articles/professional-nursing-organizations-101/

International Nurse Coach Association. (n.d.). Retrieved from https://inursecoach.com/

Jakobsen, L., Qvistgaard, L. W., Trettin, B., & Rothmann, M. J. (2021). Entrepreneurship and nurse entrepreneurs lead the way to the development of nurses’ role and professional identity in clinical practice: A. qualitative study, 77 (10), 4142-4155. doi:https://doi.org/10.1111/jan.14950

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What Is a Nurse Entrepreneur, and How Do You Become One?

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Hundreds of nurse entrepreneurs have used their nursing skills, knowledge, and education to start businesses, writes Elizabeth Hanink, RN, BSN, PHN, in Working Nurse. Yet on the whole, nurse entrepreneurs are still largely unknown.

Nursing career site Nurse Theory defines a nurse entrepreneur as a nurse who leverages their healthcare background along with creativity, business systems knowledge, and successful investment strategies to develop their own business in the healthcare industry. These professionals have a range of roles and enjoy a number of benefits different from those of traditional nurses. Discover how this motivated and growing group of nurses, often aided by a  Doctor of Nursing Practice  or another advanced degree, could change the way we think about nursing.

What Is a Nurse Entrepreneur?

Nurse entrepreneurs combine healthcare knowledge and business sensibilities to develop successful business ventures that center around optimal care delivery. Nurse entrepreneurs can focus their business on any of numerous health-related categories, such as information technology and patient data storage, healthcare services, or medical devices.

The work of nurse entrepreneurs carries the potential to make a profound impact on healthcare. By independently working to create new and innovative tools and systematic industry advances, they can help lay the foundation to move the concept of care delivery forward in many ways. These can include more cost-effective means of care delivery, more efficient patient treatment, and the ability to create more robust individualized, proactive patient wellness strategies. Ultimately, nurse entrepreneurs can make it possible for patients to have better control over their health and healthcare costs, which could go a long way toward helping them improve their quality of life.

How to Become a Nurse Entrepreneur

Becoming a nurse entrepreneur can give a nursing professional a significant measure of freedom to build their healthcare career on their own terms. However, this freedom is carefully shaped and earned by a specific step-by-step process.

Like other professions in the nursing field, the first step to becoming a nurse entrepreneur is to earn a degree. Typically, an advanced degree is not a requirement; however, earning an advanced degree such as a Doctor of Nursing Practice can help build an individual’s career.

Certification

Once an individual earns a degree, they would then need to gain certification. The certification commonly associated with nurse entrepreneurship is obtained through the National Council Licensure Exam for registered nurses (NCLEX-RN), which is a test administered by the National Council of State Boards of Nursing that is designed to confirm proficiency in metrics like safety, psychosocial integrity, and health maintenance.

After obtaining licensure, nurse entrepreneurs need to gain experience in the nursing field. This not only allows nurses to build a record of demonstrable knowledge and skills in a real-world environment but also enables them to identify their strengths and weaknesses. This can allow a nurse to improve and optimize their approach to healthcare delivery before they strike out on their own health-related venture.

Nurse Entrepreneurship Qualities

Successful nurse entrepreneurs possess a skill set that allows them to seamlessly integrate healthcare and business, such as strong leadership, analytical, and communication competencies. At the same time, they must possess other characteristics that can enable them to apply their skills independently.

Business Development

Nurse entrepreneurs must be able to see how their healthcare experience can lead to the development of a successful business. An example of this in action stems from Seattle Sutton, RN, BSN, of Marseilles, Illinois, whose Seattle Sutton’s Healthy Eating prepares thousands of nutritionally balanced meals every week for clients across the U.S.

Another example of nurse entrepreneurial success is Pat Bemis, RN, CEN, who has built a care-based empire through her website, CDs, seminars, and books, including her self-published debut “Emergency Nursing Bible.”

Independence

Nurse entrepreneurs must have the ability to work independently, which means more than just not working underneath a head nurse or nursing executives. It means having the self-discipline and motivation necessary to shape an effective business model. This can range from deciding how their work is done to determining how much they can charge for their services. Earning an advanced degree such as a DNP can help individuals develop this discipline.

It is essential for nurse entrepreneurs to effectively channel the interests they are most passionate about, such as nutrition, technology, or education, into a specific field. For instance, the nurse entrepreneur who is passionate about reducing the risk of cardiovascular disease may focus their career path on developing devices that can help people better manage their blood pressure, cholesterol, and other elements that can impact their heart health.

Flexibility

Nurse entrepreneurs need to embrace the flexibility that comes with the role and use it wisely. Working independently gives nurse entrepreneurs the ability to control their own schedules and build a better work-life balance. However, it also comes with the responsibility to build their schedules in a way that optimizes effectiveness for their businesses to grow and develop.

Nurse Entrepreneurs Are Making an Impact

Clara Barton 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. Other nurses have followed in her entrepreneurial footsteps and made an impact in their own way.

One of these nurses was Gayle Francis, who founded AMN Healthcare in 1985 under the name American Mobile Nurses. The company she founded changed its name in 1998 to create an umbrella organization that could house the smaller companies that AMN Healthcare was ready to acquire. Over the past two decades, AMN purchased over a dozen healthcare staffing companies and their affiliated sub-brands.

Another nurse entrepreneur making a difference is Cyndie Colarusso, RN, BSN, CPTC, CTBS. The company she founded, Pathways Consulting, provides services to the procurement and tissue banking community. Pathways also helps to enhance the care and appreciation of donor families whose loved ones gave the ultimate gift.

A third example of successful nurse entrepreneurship comes from Renee Baldo, RN, BS, MBA. Baldo is the founder of Unlimited Potential, a skincare and wellness studio that takes a holistic approach to mind, body, and spirit. Her own experience with therapeutic face and body treatments and her deep understanding of stress and its effects ultimately allows her to encourage her clients to be proactive in preventing negative effects over time.

Promote Real Change in Healthcare

Entrepreneurial nurses are changing the field of healthcare, and you could be next. Maryville University offers several nursing programs, including an  online Bachelor of Science in Nursing (RN to BSN)  program and an  online Master of Science in Nursing  program.

For aspiring nurse entrepreneurs preparing for the future of healthcare and looking to build their skills and experience with a terminal degree, Maryville’s  online DNP programs  offers a curriculum that helps them pursue a host of healthcare leadership positions, including as business owners. To get started on the path to advancing your nursing expertise and career, explore what the online DNP program can do for you.

  • Doctor of Nursing Practice
  • Nurse Practitioner Programs

Amazon, “Emergency Nursing Bible”

Clara Barton Missing Soldiers Office Museum, Biography

Entrepreneur , “Passion, Freedom and Impact: The 3 Ingredients of Business Success”

Johnson & Johnson Nursing, Nurse Entrepreneur

National Council of State Boards of Nursing, NCLEX & Other Exams

National Nurses in Business Association, Welcome Page

Nurse Theory, “What Is a Nurse Entrepreneur? Job Description & Duties”

NurseRecruiter, “A Brief History of Travel Nursing”

Seattle Sutton, Your Good Health Is Our True Mission

Unlimited Potential, About Unlimited Potential

Working Nurse, “Nurse Entrepreneurs”

Working Nurse, “The Nursing Chain of Command”

Workology, “What Healthcare Providers Can Teach Us About Business Leadership”

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Nursepreneurs Essay by J. Bacarisas

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Entrepreneurship in Nursing: an integrative literature review

Affiliation.

  • 1 Universidade Federal de Santa Catarina. Florianópolis, Santa Catarina, Brazil.
  • PMID: 30942375
  • DOI: 10.1590/0034-7167-2017-0523

Objective: To demonstrate in the national and international literature the concept and typologies of entrepreneurship in Nursing.

Method: Integrative review in six databases, with the descriptors entrepreneurship, entrepreneurs, entrepreneurial, entrepreneurialism, intrapreneurial, iniciativa empresarial, contrato de risco, nursing, nurse, nurses, enfermagem and enfermeira, making a final sample of 31 articles.

Results: The concept of entrepreneurship in Nursing is related to personal and professional characteristics, such as autonomy, independence, flexibility, innovation, proactivity, self-confidence and responsibility. The typologies found were: social and business entrepreneurship, and intrapreneurship. Social entrepreneurship is a mechanism of social mobilization and transformation, entrepreneurship is one in which nurses are autonomous professionally and intrapreneurship relates to corporate entrepreneurs.

Conclusion: Entrepreneurship can increase the visibility of the profession and foster the creation of new spaces for nurses.

Publication types

  • Entrepreneurship / trends*
  • Nurses / trends*

From Practicing RN to Nurse Entrepreneur

Posted May 7, 2019 by NDMU | Nursing

The important role that nurses play in our society cannot be overstated. From their bedside manner to their deep medical understanding, nurses have long been the backbone of our health care system. Now, many nurses are transitioning to a new and influential role: nurse entrepreneur.

With unique insight into what the health care industry needs, nurse entrepreneurs can create businesses that help patients and nurses. Many nurses have successfully made the shift from practicing nursing to running a business, and their nursing skills play a big role in their ability to perform well.

What Exactly is a Nurse Entrepreneur?

Nurse entrepreneurs apply their nursing backgrounds and professional experiences to create businesses in the health care industry. Much like other entrepreneurs, they identify a need in the marketplace and conceptualize and build a business that fills that need. They may offer independent nursing services, such as patient care or consulting, or create and sell medical devices or home health care products. Others take on writing or coaching roles.

Just like any entrepreneur, nurse entrepreneurs usually take on a great deal of risk because starting a company always comes with the possibility of financial loss. They may have to work to find investors and experts to help them successfully launch their business.

The Nurse Buff blog has recommended identifying a problem in the health care field that you have the skills to fill, creating a business idea to help alleviate the problem, identifying your target market and studying your competition before you start a nursing business. In short, like any person launching a business, nurse entrepreneurs should carefully research and consider their moves to ensure they bring the right product or service to the right audience.

It will take long hours and undoubtedly some setbacks to get the business off the ground. Entrepreneurship is no easy task, but nurses seem to be up for the challenge. In fact, for many nurses, entrepreneurship helps them avoid nurse burnout and apply their skills in new and exciting ways. Whatever the specific nurse entrepreneur idea, it’s easy to see how nursing skills can help professionals easily transition to running a business.

Translating a Nursing Background to Business

Research based on data from Census Bureau and the Internal Revenue Service between 2007 and 2014 revealed that entrepreneurs were 125% more successful if they had previous jobs, especially in the field where they were starting a business. That means, nurses have a good chance of succeeding when launching nursing related businesses given their background in the health care field.

Many nursing skills translate nicely into entrepreneurship. Outside of all the scientific knowledge nurses must possess, they also have a plethora of skills they use in their professional nursing careers that help them transition perfectly into the entrepreneur role. Here are a few:

  • Communication

Nurses must be able to communicate with professionals and patients from a wide range of backgrounds daily. This helps them when they start a business because they’re able to connect easily with various stakeholders and customers.

Organization

Nurses learn to be incredibly organized because their patients’ well-being depends on it. These organizational skills make them incredible business leaders who can keep track of many moving pieces.

Adaptability

Nursing and entrepreneurship are similar in how they throw curveballs constantly. Nurses have to think on their feet and adapt quickly, traits that allow them to be successful business owners.

Industry Knowledge

Nurses have been on the front lines of the health care industry and understand it in a way that outsiders simply can’t compete with. As mentioned above, this experience makes them exceptionally prepared to be successful entrepreneurs.

Perseverance

Long shifts, tough situations and the drive to help others give nurses perseverance that is hard to match. Nurses know that challenges will be put in their path, and they’re skilled at finding ways to overcome them. This is an admirable trait in an entrepreneur.

Build Your Nursing Skills

A great step to consider when making the transition from nursing to business is expanding your horizons in the classroom. Furthering your education with a bachelor’s degree can give you experiences that you can apply to both your nursing career and future business ventures.

These are just a fraction of the skills nurses have that help them make incredible entrepreneurs. Their skills coupled with their unique insight into the health care industry have helped many nurses create unique and useful businesses.

Successful Nurse Entrepreneur Ideas

Nurses are on the front lines of health care. That’s why they’re able to create ideas that positively affect the industry. Here are a few successful nurse entrepreneurs.

Sharon Rogone, Small Beginnings, Inc.

Sharon Rogone worked as a NICU nurse in the 1980s. In that job, she made many makeshift tools when what was provided wasn’t right for tiny babies, some under two pounds. With just $2,000 in her pocket, she started Small Beginnings, Inc. The company makes products specifically designed for premature infants, such as diapers, positioning solutions and pacifiers. Since its founding in 1981, the company has grown significantly into a huge operation. Sharon and her products were added to the Smithsonian archives in 2008.

Keith Carlson, Nurse Keith Coaching

Keith Carlson became a nurse in the mid-1990s. He worked in various specialties and leadership roles before becoming a nurse entrepreneur. He now helps other nurses navigate their nursing careers with his career coaching business, hosts a podcast called The Nurse Keith Show, and works as a freelance writer while maintaining his blog called Digital Doorway.

Anthony Battaglia, Pocket Nurse

Former nurse Anthony Battaglia saw a need in the nursing realm in terms of simple organization. In 1992, he developed Pocket Nurse. At the time of its founding, Pocket Nurse offered one product, a pocket organizer that included bandage scissors, a hemostat, an integrated penlight and a nameplate. Now, the company offers more than 5,600 products including nursing simulation tools and medical supply solutions.

Melissa Gersin, Tranquilo

As a maternity nurse and certified infant crying specialist, Melissa Gersin often saw new parents struggling with colicky babies. She felt it was her life’s mission to help these parents overcome the challenges of the newborn days. Her invention, the Tranquilo mat , mimics a mother’s womb with vibrations and white noise. Tranquilo launched on Shark Tank in 2017, and the company has sold tens of thousands of mats since.

These nurses are just a few of the professionals who identified a need and used their nursing background to turn that need into a profitable business. Today, more and more nurses are discovering that they can make a difference not just in the health care community, but in the business world, as well.

How to Become a Nurse Entrepreneur

There’s no clear path to becoming a nurse entrepreneur. While most nurse entrepreneurs hold multiple nursing degrees and have extensive professional experience, each nurse entrepreneur’s path will be different, and that’s to be expected. The important thing is to be thoughtful in your approach.

A great step to consider when making the transition from nursing to business is expanding your horizons in the classroom. Furthering your education with a bachelor’s degree can give you experiences that you can apply to both your nursing career and future business ventures. Notre Dame of Maryland University’s online RN to BSN program allows you to develop the skills you need to enhance your nursing career, whether in a health care setting or entrepreneurship. Plus, we help you do it quickly. Most students complete their online program in 15 to 18 months.

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Nursing entrepreneurship calls for the application of nursing courses and business backdrop for the initiation of investment opportunities within the medical field, for instance, through establishment, promotion, and management of own organizations (Wall 29-40). Some nurse entrepreneurs develop medical equipment, computerized networks, and home health services (Wall 29-40). To succeed as a nurse entrepreneur, the necessary proficiencies encompass innovation, creativity, and capacity to realize financing and establishment of suitable markets, in addition to an unswerving client base. This study discusses the concept of nursing entrepreneurship, evaluates challenges, assesses policies that strengthen the facilitation of nursing entrepreneurship in generating reforms in the healthcare system.

NEED FOR NURSING ENTREPRENEURSHIP

Pressure keeps on rising as medical schemes across the globe seek to satisfy the requirements of the population successfully, cost-effectively, and efficaciously (Graham 41-42). There are extensive concerns regarding unsuitable proficiency mixes in the medical professionals, problem hiring and retaining personnel, in addition to the underutilization of most health staff members (encompassing the nurses). Needs-anchored, patient-focused advances to care that utilize mixed employee groups are broadly advocated as vital for medical systems for the provision of flawless, affordable, and excellent care that is available to everyone. Such an approach to medical care, particularly the application of evidence-anchored interventions, has illustrated enhanced medical findings. Interdisciplinary medical teams have the ability to boost results, subsequently decreasing outlays, and increasing timely access to care. Medical infrastructures that are sufficiently financed deliver germane care and are backed by a labor force suited to the health requirements of the population, which makes them essential for the provision of quality care.

Nurses form the biggest percentage of health professionals , more than 80 percent of the medical personnel, and are deemed a significant component of the healthcare system in many nations (Graham 41-42). Regardless of the immense and considerable task of nurses in the medical field, they are usually regarded as equal partners in medical care groups. On this note, nursing proficiencies are usually underutilized across the healthcare system. Nonetheless, studies affirm that nurses have a significant role in the creation of a medical system that will gratify the requirements of reasonably priced, safe, excellent, accessible, and patient-focused care (Gilmartin 641-644). It is imperative for nursing personnel to exercise the complete extent of training and skills while endeavoring to change the manner in which medical care is offered through the formation of partnerships with other health experts.

A wide pool of studies identifies that there is unrealized scope for extended practice for nurses operating in collaboration with physicians, as well as allied medical professionals (Graham 41-42). It is attributable to this acknowledgement that the scale of operation for nurses has in the past widened significantly with the enhancement and execution of advanced and specialized nursing proficiencies, for instance, the tasks of nurse practitioners and advanced practice nurses, which calls for execution through novel approaches to performance. The proficiencies of nurses are executed in numerous care environments across the healthcare system from the public or community medical services to primary care, to long-standing or supportive care, and critical care. Therefore, there is a great necessity for nursing entrepreneurship to address the problems of medical reforms around the world, all through the field of medical care (Wilson, Whitaker, and Whitford 7-12).

Entrepreneur. Entrepreneurs denote the people who establish and run enterprises, particularly businesses, often with substantial ideas and risks (Yan and Judy 502-518). Instead of operating as employees, entrepreneurs manage businesses while taking all risks and incentives of business ventures, notions, and services provided. Entrepreneurs are thus considered innovators and leaders in business practices. Entrepreneurs have a tendency of excelling at identifying successful business opportunities and usually express constructive biases in their insight (that is, prejudice regarding finding new potentials and realizing unmet market demands) and a pro-risk taking stance that gives them a higher possibility of exploiting the arising opportunities. The entrepreneurial spirit is typified by innovation and taking risks (Yan and Judy 502-518).

Innovation. Innovation signifies the outcome of the translation of novel schemes or inventions for the establishment of services that generate value or enhance excellence (Sharp and Monsivais 562-566). Innovation calls for the urge for nurses to seek distinctive tasks that back a broad range of operation and which fill gaps in medical care. Innovation in nursing aimed at enhancing medical findings, diagnostic and treatment alternatives, in addition to the success and cost efficiency of care are often taken to be the outcome of information technology instead of human aspects. Creative and innovative nursing services offered by entrepreneurial nurses all through medical environments present a means of facilitating human control of novel medical care (Yan and Judy 502-518).

ENTREPRENEURSHIP IN NURSING

Nursing entrepreneurship offers nurses self-employment chances that permit them to pursue their personal vision and passion for the improvement of medical findings with the help of innovative techniques (Yan and Judy 502-518). Akin to other forms of entrepreneurs, a nurse entrepreneur operates as a proprietor of a business that provides nursing services in terms of direct care, research, education, consultation, and administration, all aimed at improving the health of the patients through quality service and care. In this regard, nurse entrepreneurs are self-employed and wholly accountable to the patients/clients for whom they offer services (for instance, individuals, nonpublic, or public organizations) (Kovalainen and Österberg-Högstedt 17-35). On this note, the nurse entrepreneurs might carry out an independent medical practice, start a business (such as pharmaceutical companies or nursing homes), or offer consultancy services (for instance, research and teaching). Hence, such nurses are innovators who instigate inducements that result in change, the modernization of medical services, and expression of leadership. The application of creativity in the development of excellent approaches, enhancement of services and delivery techniques, or creation of new means of care provision is an imperative attribute of nursing entrepreneurship. Employing such attributes with enhanced or unique proficiencies and expertise assists nurse entrepreneurs in the development of services and products that can be employed in both internal and external markets.

CHARACTERISTICS AND THEIR EFFECTS ON HEALTHCARE

Sociability, kindness, and social entrepreneurship are the major characteristics that are well-suited to nurse entrepreneurs and might boost such prospects in the career (Davis, Marino, and Vecchiarini 147-165). Although sociability and kindness are mainly connected with the voluntary and nonprofit-making segments, they are as well applicable in profit-making businesses such as in nursing entrepreneurship. Though the majority of entrepreneurship businesses are mainly perceived as business undertakings that seek to realize monetary benefits, nurse entrepreneurs could be considered as endeavoring to attain excellent medical outcomes for as many people as possible. This way, such initiatives represent instances of nurse entrepreneurs offering quality services for the benefit of the wider community. Sociability and kindness are attributes that result in the formulation and execution of innovative techniques and practical models for the realization of a social benefit. Contrary to traditional business operations amid entrepreneurs, sociability in nursing entrepreneurship concentrates on the generation of social proceeds. In this regard, the major objective of sociability amid nursing entrepreneurs is to promote environmental and social ambitions.

Social entrepreneurship advances in medical practice position, nurse entrepreneurs on the same platform as individuals who identify a need and establish the most excellent manner of remedying the arising concern (Sullivan 166). For nurse entrepreneurs to generate sustainable, nurse-directed, social health approaches to care that deal with gaps in the contemporary medical care, they are required to uphold high influence and control, which are the details that financiers at federal and state levels seek. Embarking on nursing entrepreneurship from a social welfare standpoint plays a vital role in facilitating creativity and innovation required for the influence of such nurses to become more satisfactory within the career. Moreover, visibility and expression of the operations of nurse entrepreneurs is likely to assist the community to comprehend the manner in which lasting challenges and futile models may be handled through productive approaches. Studies affirm that it is the accountability of health professionals, mainly nurses, to initiate service advancement programs locally. Therefore, medical boards should support nurse entrepreneurs in their efforts of improving services at the local level via the generation of social enterprises.

Lack of Crucial Support. Throughout history, there have been challenges and hindrances to the initiatives of nurse entrepreneurs when carrying out leading reforms in healthcare (Lyons 1-5). Nevertheless, their determination to realize the required changes has backed the evolving nursing role thus ensuring constant progress. The necessity for changes in healthcare around the world remains a major concern. Nonetheless, the biggest group of health professionals, the nurses, is internationally poorly trained, understaffed, and defectively deployed. The main role of nurse entrepreneurs is the provision of collaborative and quality care of clients of all ages, gender, societies, and ranks, whether ill or well, and in all environments. In this regard, nursing entrepreneurship seeks to provide enlightenment, promote health, prevent illnesses, and offer quality care to all, irrespective of whether sick, disabled, or dying. Nurse entrepreneurs play a crucial role in their operations as individuals, members, and directors of professional teams. Regardless of the extent of services offered by nurse entrepreneurs, nursing perceptions of medical needs across the sector, and awareness of the significance of the progression, nurses are not recognized as important stakeholders in healthcare. Moreover, they are usually not equal partners on medical teams, which deny them vital material and moral support.

Obstacles to Self-Employment . For nurse entrepreneurs to function effectively in collaboration with other medical professionals, ignorance and mystification regarding their role and affiliation with other caregivers, monetary and cost concerns, legal matters, and client satisfaction ought to be tackled. Research affirms that nursing entrepreneurship is restricted and inadequate to inform reforms to healthiness strategies and nursing education. Hindrances to self-employment for nurse entrepreneurs present great difficulties (Meek 320-322). Lack of acknowledgment of nurse entrepreneurs when judged against the one offered to other self-employed medical professionals, is worsened by professional segregation, lack of a safety network, and confrontation or opposition from colleagues. Over and above the lack of reliable data on the concerns of nursing entrepreneurship, there are inadequate studies to support transformations to the medical system required to benefit from the role of nurse entrepreneurs. In particular, there is minimal evidence to offer adequate guidance to medical systems across the globe in terms of the implementation of novel nursing approaches effectively in entrepreneurship tasks, which encounter tremendous obstacles to effective progression. There is also inadequacy of research outcomes to result in transformations to nursing education for nurses to envisage and practice such roles successfully.

Lack of a Collaborative Environment and Adequate Funding. A collaborative setting for capitalization on the proficiencies of nurse entrepreneurs is fundamental for nursing personnel and other health professionals to attain their vision. Although considerable progress has been realized, it is faced with constant challenges that ought to be addressed. In the US, nurse entrepreneurs have resorted to operating in regions that are medically neglected to offer a safety network for Medicaid beneficiaries and uninsured residents. In such regions, nurse entrepreneurs offer high quality and cost-effective care, which promotes the wellbeing of the residents and decreases the level of hospitalization. Nevertheless, it is hard for nursing entrepreneurship to realize monetary sustainability as the nurse entrepreneurs depend on Medicare and Medicaid compensation, private donations, and government financing. Reliance on the unpredictable sources of funding restricts the rate of stability and confidence in nurse entrepreneurship amid most potential clients. Apart from this problem, almost half of the managed care insurers fail to pay nurse entrepreneurs offering primary care (which is an unlawful practice), and the law keeps on being unimplemented ( Clendon 1445-1446) . The other challenge that nurse entrepreneurs encounter is in the primary care doctors’ organizations pushing for the definition of primary caregivers to include physicians only. Opposition and lack of collaboration from medical organizations requires being tackled for successful health transformations that feature nurses in full range, innovative tasks, and adequate financing for success.    

Healthcare Reforms . There is a need for key initiatives to commence with the purpose of evaluating and changing the nursing career in the US (Keane 16-17). Necessary reforms in the operations of nurse entrepreneurs assert that nurses, seeking to offer quality and affordable care, have a key task in the attainment of the goals of accessible, suitable, quality, and affordable care. For this to be realized, hindrances that bar nurses from responding successfully to the swiftly varying health care aspects and an advancing medical system ought to be handled. If this is done, nurse entrepreneurs will be better placed to implement transformations for advancements in healthcare systems. Hindrances to healthcare reforms encompass the incapability of nurses to practice to their level best, poor access to learning that permits flawless succession to high levels, and minimal opportunities for effective collaboration with other health professionals. Other requirements for enhanced healthcare reforms are advanced research, extensive gathering of data, and information networks on the needs of medical personnel.

Traditionally, innovation, creativity, and nursing entrepreneurship in the nursing course have been avoided since dominant values are recognition, consistency, and direction. Enhanced recruitment and learning approaches are required to train nurses for entrepreneurship tasks and offer leadership, manage care, and establish vital conduits. This is necessary not only in the US, where nursing entrepreneurship is enormously being employed, but across the globe. Though there are risks and hindrances in becoming innovative as a nurse entrepreneur, for nursing entrepreneurship to attain a substantial position in the healthcare sector, there is a need for it to be promoted in an effort of generating confidence and skills in nurses.

Improvement of Research and Practice. Health transformations are necessary around the world because of the substantial aging populace and augment of chronic illnesses (such as asthma and diabetes). To satisfy the demands of future cohorts, the healthcare sector ought to facilitate nurses to operate to their maximum potential and enhance their proficiencies (Keane 16-17). Nurse entrepreneurs ought to be given the opportunity of assisting in the betterment of medical services in a cost efficient manner, but for this to happen, they have to be considered equal partners in the provision of care. The fact that many nurses are progressively shifting to entrepreneurship roles is evidence that positive results will be realized as nurses enhance their efforts towards quality care. It appears apparent that nurse entrepreneurs are putting efforts in entrepreneurship. This occurs through nurses carrying out operations in clinics in care provision and as specialists in the prevention of the worsening of chronic sicknesses in crucial situations. Nursing entrepreneurship is largely being well-established in care provision. Nonetheless, studies on nursing entrepreneurship within the healthcare field are insufficient. Research that ascertains the significance of the tasks where nurse entrepreneurs offer better medical results and the best means of achieving the desired results is needed.

Numerous activities and policies ought to be executed to promote nursing entrepreneurship (Keane 16-17). One of such policies is the provision of nursing learning that could entail placement with nurse entrepreneurs or business courses to ascertain that graduating from nursing equips one with proficiencies necessary to guide, challenge, and innovate. Interdisciplinary learning ought to be offered in a bid to introducing health professionals to the realization of nurses as equal partners in the provision of care. Health professionals ought to promote chances of collective partnership in research, learning, and practice to encourage unity and role awareness amid care providers. Medical reforms should be progressively inclined toward reinforcing and intensifying health care systems where care will be transferred from major health facilities to nurse entrepreneurs within the community. Improved highlighting on health promotion and disease prevention should be set to thwart the occurrence of chronic illnesses and maintain successful disease management, in addition to tackling health inequalities and boosting reasonable access to care. With respect to the full capacity and achievements of nursing entrepreneurship, healthcare systems ought to base the triumph of medical transformations (for instance, in Australia and America) on a nursing labor force that is suitably educated and backed for novel practices in numerous settings.

There is a great obligation for nursing entrepreneurship to concentrate on the problems of medical reforms around the world, all through the sector of medical care. Creativity and innovation in nursing services offered by entrepreneurial nurses all through medical environments present a means of easing human control of novel medical care. Nursing entrepreneurship proffers self-employment for nurses and chances that permit them to track their personal vision and zeal for the improvement of medical findings with the help of innovative practices. For the success of nursing entrepreneurship, impediments that bar nurses from responding productively to the speedily varying health care characteristics and an advancing medical structure ought to be resolved.

Works Cited

Clendon, Jill. “Mary Seacole–the world’s first nurse entrepreneur?” Journal of advanced nursing 70.6 (2014): 1445-1446.

Davis, Jullet, Louis Marino, and Mariangela Vecchiarini. “Exploring the relationship between nursing home financial performance and management entrepreneurial attributes.” Adv Health Care Manage 14 (2013): 147-165.

Gilmartin, Mattia. “Principles and practices of social entrepreneurship for nursing.” Journal of Nursing Education 52.11 (2013): 641-644.

Graham, Robert. “Nursing entrepreneurship: a view from the field.” Nursing Leadership 26.2 (2013): 41-42.

Keane, John. “Nurse entrepreneur recognized.” Australian nursing & midwifery journal 22.7 (2015): 16-17.

Kovalainen, Anne, and Johanna Österberg-Högstedt. “Entrepreneurship within social and health care: A question of identity, gender and professionalism.” International Journal of Gender and Entrepreneurship 5.1 (2013): 17-35.

Lyons, Clarinets. “Entrepreneurship in nursing.” The Oklahoma Nurse 59.1 (2014): 1-5.

Meek, Julie. “Nurse entrepreneur.” Clinical Nurse Specialist 28.6 (2014): 320-322.

Sharp, Dayle, and Diane Monsivais. “Decreasing barriers for nurse practitioner social entrepreneurship.” Journal of the American Association of Nurse Practitioners 26.10 (2014): 562-566.

Sullivan, Taylor. “Rising to the Challenge of Health Care Reform with Entrepreneurial and Intrapreneurial Nursing Initiatives.” Creative Nursing 19.3 (2013): 166.

Wall, Sarah. “Nursing entrepreneurship: motivators, strategies and possibilities for professional advancement and health system change.” Nursing Leadership 26.2 (2013): 29-40.

Wilson, Anne, Nancy Whitaker, and Deirdre Whitford. “Rising to the challenge of health care reform with entrepreneurial and Intrepreneurial nursing initiatives.” Online journal of issues in nursing 17.2 (2012): 7-12.

Yan, Ho-Don, and Chen Judy. “Burgeoning Chinese postpartum nursing enterprises and birth tourism–the perspective from transaction cost entrepreneurship.” World Review of Entrepreneurship, Management and Sustainable Development 87 10.4 (2014): 502-518.

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