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(p. 94) Entrepreneurship Basics for Practitioners 

(p. 94) Entrepreneurship Basics for Practitioners
Chapter:
(p. 94) Entrepreneurship Basics for Practitioners
Author(s):

Laurie K. Baedke

DOI:
10.1093/med:psych/9780190272166.003.0008
Page of

date: 23 November 2017

This chapter explores the attributes of success in clinical practice and entrepreneurship and the traits and roles of individuals who are best suited for clinician entrepreneurship. Traditional business models are reviewed and compared to alternative and innovative new private practice arrangements, such as telepractice, that are available to today’s mental health professional. Entrepreneurial myths and stereotypes are identified and examined so that the reader can avoid common pitfalls in business ownership. The advantages and disadvantages of entrepreneurship are outlined, and the importance of vision is emphasized. Resources and recommended readings are provided to further inform and educate the reader about entrepreneurship, strategic planning, business development, and business success.

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