| | Dear Colleagues,
I’d like to comment on a recent article on the “corporatization” of healthcare systems. Kaufman Hall’s managing director, Patrick Allen, said “Hospitals and health systems are facing extraordinary pressure to reduce costs, manage care more effectively across the continuum, and improve patient engagement and experience.” Plainly speaking, Nurses are being asked to do more with less!
Now more than ever, nurses need to learn about the opportunities and options to use their current nursing knowledge and credentials. For entrepreneurial nurses there is great opportunity in change management and integration consulting. Seventy-five percent of executives say that they are hiring consultants that are able to assist with these changes and integration. In 2016 we saw another increase in M & A activity and you can read the whole article below in this issue’s articles of interest.
Interested in more trends? Then make sure you don’t miss being with nurses from all over the country that are interested in learning the latest in nurse entrepreneurship and career alternatives. If you have ever wondered about being a nurse entrepreneur then this is the conference to answer all your questions. Real nurses, real businesses, and up to 15 contact hours will be available for this event! For those of you that already are in business, you know that this one weekend a year can set many collaborations and plans for your next year in business. I really enjoy hearing all the results of the sidebar conversations and powerful networking.
Important reminders; we would like to have the Shark Tank Contestants listed in our program asap, the entries were to close July 15th, however if you want to apply, we will extend it to July 20th. Here’s the link https://nnbanow.com/nnba-shark-tank-competition/. It’s less than 2 months to NNBA’s premier conference on Nurse Entrepreneurship so please make sure you make your reservations at the Sirata Beach Resort at (800) 344-5999 to ensure you receive NNBA’s discounted room rate of $139. This hotel is on the beautiful white sands of St. Pete’s Beach and you can experience the amazing sunsets when you come to the conference!
I want to thank NNBA Members, Dr. Renee Thompson and Brittney Wilson, The Nerdy Nurse for posting great video endorsements of NNBA’s Signature Conference on Nurse Entrepreneurship. In case you missed them, here they are: https://www.facebook.com/RTConnections/videos/1842014262491627/
https://www.youtube.com/watch?v=yLbHG4JrikM
For over 30 years, the NNBA has championed the notion of not putting all your eggs in one basket. It is necessary for today’s nurse to diversify income streams to protect the financial integrity of their careers. (Keep in mind the Kaufman article).The article of interest below, Want to Become a Millionaire? Create Multiple Income Streams, gives you the facts. Let’s keep nursing strong!
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| | Unconventionally yours,
Michelle |
| | | Nurse Business Insider Tip by Michelle Podlesni |
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| | Where Nurses in Business will share an insider tip that may benefit other nurses in different stages of business development. |
| Implementation: Stop Waiting, Start Doing! Many would be entrepreneurs suffer from analysis paralysis where the desire for perfection can paralyze you. Over thinking and planning can result in burnout before you have even entered the marketplace. Make a start, get underway, and remember that you can always make adjustments.
“Imperfect action trumps perfect inaction” – Harry S. Truman
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| Choice, not chance determines our future. Choose to attend our annual educational conference on Nurse Entrepreneurship & Career Alternatives and discover the unlimited choices in nursing! |
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Hospital M & A Activity Up Sharply
Kaufman, Hall & Associates
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Want to Become a Millionaire?
Inc.
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A Good Entrepreneur Evolves Over Time
Entrepreneur Magazine
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The number of hospital transactions announced in 2015 grew 18 percent compared with 2014 and 70 percent compared with 2010, according to the latest analysis by Kaufman, Hall & Associates, LLC, a leading provider of strategic, capital, financial, and transaction advisory services and software tools. In 2015, 112 hospital transactions were announced compared with 95 transactions in 2014 and 66 in 2010. The pace of transactions was especially strong in the second half of 2015.
Read More
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| At my last job as a recruiter, I would often interview people who lost their jobs from one week to the next.
It was during this time that I realized I had to always make sure I had money coming from different places, so I freelanced on the side of my day job and worked on a blog in the hopes of making some money from it someday.
While I didn't know it at the time, I'd figured out something most millionaires already know: you always need to have multiple sources of income.
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I've been an entrepreneur for most of my life. I started an odd-jobs business in high school, founded a collectible comic-book business in college and launched my first capital-backed startup -- an adventure-travel company -- in my 20s.
My entrepreneurial endeavors continue today. I'm in my late 40s, running Red Rocket, looking for groups to buy and advising hundreds of early-stage businesses. My approach to managing businesses today is very different than when I was younger. The experience I now bring to the table has materially mellowed me as a leader. Read More
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| | | | | | | | | | | | | About the NNBAThe National Nurses in Business Association, the forerunner of the nurse entrepreneurship movement, provides education, support, empowerment and opportunities for nurses in business since 1985. Thousands of nurses over the past 30 years have benefited from membership in the NNBA and launched successful businesses. The NNBA is the #1 Nurse Business Owner Network and serves as The Voice of Nurse Entrepreneurship™. Learn about joining the NNBA by clicking here.
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| | Share all the information in this newsletter with other Nurses! Participate in delivering the message that nurses make great business owners, leaders and mentors! Click on the buttons bgelow and thank you! |
| | | NNBA News - Volume 17; Number 7.5 |
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