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What do you do if you're a nurse looking for support in your entrepreneurial journey?

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Embarking on an entrepreneurial journey as a nurse can be both exciting and daunting. With your background in healthcare, you bring a unique perspective to the business world. However, navigating the complexities of entrepreneurship requires more than medical expertise. It demands business acumen, strategic planning, and a support system to guide you through unfamiliar territory. If you're a nurse stepping into entrepreneurship, seeking out resources and networks tailored to your professional background can be the key to successfully translating your healthcare skills into a thriving business.

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1 Peer Networks

Engaging with peer networks can be incredibly beneficial. These groups consist of like-minded professionals who have either embarked on similar paths or are currently navigating the same entrepreneurial waters. By joining nursing-specific business networks or broader healthcare entrepreneur groups, you can exchange ideas, receive feedback, and learn from the successes and challenges of others. Such communities often foster a spirit of collaboration rather than competition, providing a safe space to discuss industry-specific issues and find mentorship opportunities.

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Jonathan V. Llamas, DNP, RN-BC, PMHNP-BC, PHN

LinkedIn's Top Nursing Voice (2024), Nurse.Org's Nurse Icon and Nurse Leader of the Year (2023), Founder of Mind & Heart, Psychiatric Nurse Practitioner at Lifestance, and Chapter President at West Coast University
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Networking with peers and reaching out to other nurses who have ventured into entrepreneurship or are interested in doing so can be an invaluable way to get support on your entrepreneurial journey. Another great way to gain support is by joining nursing entrepreneurship groups and participating in online communities, forums, or social media groups specifically focused on nursing entrepreneurship.

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Dr. Moses Mwaniki

Advisory Board Vice Chairman
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As a nurse looking for support in your entrepreneurial journey, seek advice from like-minded professionals and business people in similar spaces, attend relevant educational forums/workshops/conferences/convenings, visit business sites and learn experientially, join communities of practice, search for viable fundraising/resource mobilization initiatives.

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Melissa Mills, RN, BSN, MHA

EdTech Innovator | Product-Driven Growth & Curriculum Development | Empowering Nurses | Advocate for Nursing Excellence, Reimbursement, & Health Policy
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Learn from others. Reach out and ask people in the space how they got started. Find someone who can be a mentor and give you insight and ideas on how to get started. Joining organizations and groups for additional information is another great way to connect with others.

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2 Professional Advice

Seeking professional advice is crucial when venturing into unfamiliar business territory. Consider consulting with business advisors who specialize in healthcare entrepreneurship. They can offer insights into market trends, regulatory considerations, and business strategies that are specific to the healthcare sector. Their expertise can help you avoid common pitfalls and make informed decisions that align with both your business goals and the standards of patient care.

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Melissa Mills, RN, BSN, MHA

EdTech Innovator | Product-Driven Growth & Curriculum Development | Empowering Nurses | Advocate for Nursing Excellence, Reimbursement, & Health Policy
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It's okay not to know where to start. Find experts in different areas who can help you and guide you. You will make mistakes, but seeking guidance from others is invaluable.

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3 Educational Resources

Investing in your education is vital for entrepreneurial success. Look for courses, workshops, or seminars that focus on business skills for healthcare professionals. Topics such as finance management, marketing in healthcare, and healthcare law can be particularly useful. These educational resources will not only enhance your business acumen but also help you stay updated on the latest industry developments, which is essential for maintaining a competitive edge.

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4 Online Communities

Online communities are treasure troves of information and support. Platforms like social media groups, forums, and professional networking sites allow you to connect with entrepreneurs globally. You can ask questions, share experiences, and gain insights into how others are navigating the business landscape. The real-time interaction and accessibility of these communities make them an invaluable resource for continuous learning and networking.

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Carina Mari?o

Outsourcing Administrativo - TERCERIZATE - Tercerización de Servicios Administrativos - Cámara de Industria, Comercio y servicios de San Lorenzo- Consultores en Red
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As an all-terrain nurse, undertaking is not an easy task, in which emotional intelligence is a valued asset to be resilient in the ups and downs that the business may experience. Having clear the value contribution I'm going to offer to the target client and delivering according to the commitment made is a differential with the competition. Learning to delegate and incorporating technological tools to automate recurring tasks. Not having an aversion to continuous innovation and never stopping evolving and changing.

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5 Funding Strategies

Understanding funding strategies is imperative for any entrepreneur. As a nurse entrepreneur, you might have access to unique funding opportunities such as grants for healthcare innovations or loans for women and minority-owned businesses. Familiarize yourself with the different types of funding available and learn how to pitch your business idea effectively to potential investors or lending institutions. Knowing your options and how to access them can make all the difference in getting your venture off the ground.

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Melissa Mills, RN, BSN, MHA

EdTech Innovator | Product-Driven Growth & Curriculum Development | Empowering Nurses | Advocate for Nursing Excellence, Reimbursement, & Health Policy
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Funding is a challenging part of start-ups that requires unique skills. Research opportunities and ask others for support and guidance. Getting all of the options beforehand so that you can make an informed decision is necessary.

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6 Work-Life Balance

Maintaining a healthy work-life balance is essential, especially when juggling the demands of entrepreneurship with personal responsibilities. It's important to set boundaries and prioritize self-care to prevent burnout. There are tools and strategies specifically designed for busy professionals that can help you manage your time efficiently. Remember, taking care of yourself is not only beneficial for your personal well-being but also for the health of your business.

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7 Here’s what else to consider

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?

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Ariel Nicolas Rojas

Consultor en modelo de negocios, propuesta de valor, proyectos de inversión y emprendimientos. Coordinador Centro Tecnológico de la Madera y Tutor Incubadora de Empresas (UNCuyo). Gerente en Fundación Cartellone.
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Build your own value proposition: what can you offer differently from the rest? Why would they choose you? Get to know your customer's profile and their environment, their tasks, joys and frustrations and analyse how you can solve their problems or satisfy their needs through innovative services. Discover "your" value proposition.

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What do you do if you're a nurse looking for support in your entrepreneurial journey?

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1 Peer Networks

2 Professional Advice

3 Educational Resources

4 Online Communities

5 Funding Strategies

6 Work-Life Balance

7 Here’s what else to consider

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