After earning a degree in nursing, Jeanne Shipp spent four years working as an emergency room nurse. As a co-founder of three freestanding ERs, Jeanne Shipp has successfully launched a healthcare start-up.
As innovation and technology move healthcare in new directions, the opportunities to open any type of business in the healthcare industry are numerous. However, entrepreneurs in this industry should take into consideration a few factors:
1. People launching a healthcare start-up must support the need for their product or service with scientific research.
2. Unless the founders are financing the venture personally or through a bank, they will have to seek funding from investors.
3. As with any business, the founders have to make sure customers (patients) exist for their product or service. Start-ups must determine which healthcare services are in high demand.
4. The healthcare industry is characterized by licensing and certification. Making sure the company has all of the necessary licenses and certifications is vital.
Because launching a healthcare start-up involves much bureaucracy, the founders will not see a profit until much later. Waiting for the start-up to grow will require patience.
As innovation and technology move healthcare in new directions, the opportunities to open any type of business in the healthcare industry are numerous. However, entrepreneurs in this industry should take into consideration a few factors:
1. People launching a healthcare start-up must support the need for their product or service with scientific research.
2. Unless the founders are financing the venture personally or through a bank, they will have to seek funding from investors.
3. As with any business, the founders have to make sure customers (patients) exist for their product or service. Start-ups must determine which healthcare services are in high demand.
4. The healthcare industry is characterized by licensing and certification. Making sure the company has all of the necessary licenses and certifications is vital.
Because launching a healthcare start-up involves much bureaucracy, the founders will not see a profit until much later. Waiting for the start-up to grow will require patience.
