Business Idea vs Business Opportunity
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Most nurses can't tell the difference between a business idea and a business opportunity — and that confusion costs them money, time, and energy they can't get back. In this episode of STAT Chats, Traci Johnson, RN, breaks down the distinction the way a nurse already knows how to think: an idea is a symptom, an opportunity is a diagnosis.
You'll learn:
- Why a business idea is just a thought until it's been assessed
- The three things you're really evaluating in any opportunity — the market, the opportunity, and you
- How APIE for Business™ turns a hunch into a decision
- The Opportunity Chart: the evidence a real opportunity has to show
- Why "not now" is a clinical finding, not a death certificate
If it isn't documented, it didn't happen. Bring the same rigor to your business that you bring to your patients.
Free: take the 7 Rights of Entrepreneurship™ assessment at nursesasentrepreneurs.com.
You cannot be successful and delusional at the same time.
Chapters:
00:00 The Question: Idea vs. Opportunity
01:00 Nurses Assess First
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16:25 The 7 Rights + Your Next Step
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