Entrepreneurship in Community Health Practitioner

Entrepreneurship in Community Health

1. ENTREPRENEURSHIP FOR COMMUNITY HEALTH PRACTITIONERS BY: EDEBO CONSULTING NIGERIA LTD

2. Introduction Entrepreneurship is a major driver and contributor to the economy. The knowledge and skills acquired here would provide you and those who want to be entrepreneurs, to research, start up, manage and grow their own business.

3. What is entrepreneurship?  The process of developing, organizing, and running a new business to generate profit while taking on financial risk. Early-19th-century French economist  Jean-Baptiste Say  provided a broad definition of entrepreneurship, saying that its a "shift of economic resources out of an area of lower productivity into an area of higher productivity and greater yield".

4. Who is an entrepreneur?  A person who sets up a business with the aim to make a profit. Entrepreneurs create something new and unique—they change or transmute value.

5. Who is a community health practitioner? A person who has been duly trained in a health training institution as JCHEW,CHEW or CHO and licenced by Community Health Practitioners Registration Board of Nigeria (CHPRBN) to practice community health in Nigeria.

6. Types of entrepreneurship small business entrepreneurship large company entrepreneurship .

7. Essential characteristics to become a successful entrepreneur Vision. Passion. Motivation. Risk-taking. Curiosity. Creativity. Confidence.

8. Critical Success Factors in Entrepreneurship Sacrifice – Are you willing to sacrifice short term to benefit in the long term? Experience – Do you have some business or related experience? Leadership – Do you like being the leader? Organization – Are you organized? Optimism – Are you optimistic?

9. Skills Every Entrepreneur Needs to Succeed Finance Skills. Budgeting and knowing how to keep track of finances is essential for entrepreneurs. ... Communication skills. Being a strong communicator is very important for entrepreneurs. Leadership Skills. Time Management (market strategy) Sales (pricing and distribution of commodities)

10. Benefits of Entrepreneurship in the Economy Entrepreneurs provide job opportunities. Entrepreneurs increase competition & boost productivity. Entrepreneurs create new business & new markets. Entrepreneurs add national income. Entrepreneurs introduce innovative technologies.

11. Challenges of entrepreneurship human resource (Teamwork and delegation). not having a strategic plan . lack of capacity Lack of experience in marketing. Procrastination and time management. Lack of capital.

12. Others problems; Multiple taxation Unfavourable government policy Lack of access to credit facilities Skill acquisition.

13. Sources of funds Self financing Borrowing Peer-peer lending Angel investors Credit through bank loans ( e.g cooperative and development banks)

14. Entrepreneurial ventures for CHP’s Patent medicine store Maternity clinic Primary health clinic, Hospital Old peoples homes Family planning/ health counselling centres School business Health/medical equipment stores Medical textbooks stores Farming Agro business Etc.

15. SEVEN DIFFERENCES BETWEEN A RICH PERSON AND A POOR PERSON According to DanLock, the Isreali designer/craftsman, Dan Feldman, he gave seven differences between a rich person and a poor person as follows: 1) Rich people read books, poor people watch television 2) Rich people’s work and pay is based on results achieved, poor people’s work is based on time 3) poor people blame others for their failures, Rich people take responsibility for their actions 4) Poor people focus on savings, Rich people focus on investment 5) Poor people knows it all, Rich people are always learning, asking questions from others for more information 6) Poor people believes money is the root of all evils, Rich people believes, poverty is responsible for most evils 7) Poor people have fantasy mentality. They believe in quick money(miracles, lottery etc), Rich people have action mentality, plan, work and make money

16. Closing; The sky is large enough without birds colliding with one another.

17. Thank You.