How to Become a Nurse Entrepreneur
Nurse entrepreneurs use their clinical skills and experience to go into business for themselves. The steps to become a nurse entrepreneur include education, testing, and licensing, after which nurse entrepreneurs can pursue employment. Below, we’ll detail the steps to follow, how long it takes to become a nurse entrepreneur, and where to start.
Become a Nurse Entrepreneur in 7 Steps
To become a nurse entrepreneur, candidates must first become licensed registered nurses (RNs). While not mandatory, they can pursue higher education and certification in a specialty.
4
Work as a Registered Nurse
Before an RN can begin work as a nurse entrepreneur, they must first gain a few years of bedside clinical experience. Any field can provide helpful experience for a future entrepreneurial career.
5
Start Your Business
After spending some time at the bedside, nurses can start their business.
6
Earn a Certification
After some bedside experience, nurse entrepreneurs may pursue specialty certification in their field through several organizations. While not required for work as a nurse entrepreneur, specialty certification can make candidates more desirable to potential clients.
Schooling Requirements for Nurse Entrepreneurs
Nurse entrepreneurs may work as RNs or pursue advanced degrees, like a Master of Science in Nursing (MSN) or a Doctor of Nursing Practice (DNP). While most positions don’t require high-level degrees, they may offer higher compensation and more opportunities for professional advancement.
Associate Degree in Nursing
An Associate Degree in Nursing, or ADN, is the quickest option to become a nurse entrepreneur without a previous university education. ADN degrees can take 18 months to two years to complete and may require some prerequisites before an application can be accepted.
Time to Complete
18 months to 2 years
Clinical Hours
190 to 900*
Pros
- Earn a nursing degree in less than two years
- Less competitive than a BSN
- Lower cost than a BSN
Cons
- May limit job opportunities compared to a BSN
- Must obtain a BSN before pursuing an advanced practice nursing degree
*Varies depending on institution
Sources: Central New Mexico Community College, Teaching and Learning in Nursing
Nurse entrepreneurs with an ADN may receive lower pay and may not have their first choice of clients compared to those with a BSN.
Bachelor of Science in Nursing
A Bachelor of Science in Nursing (BSN) gives future nurse entrepreneurs a well-rounded education experience. Typically completed over four years, the BSN curriculum covers the basics of nursing care and how the body works, but also teaches more specialized critical thinking skills.
Clinical Hours
160 to 750*
Pros
- More likely to pass NCLEX on the first attempt (82.32% with a BSN vs. 77.91% with an ADN)
- Easier to find work in highly specialized environments like gerontology or neonatology
- Higher salary than an ADN
Cons
- Takes longer to complete than an ADN
- More competitive than an ADN
- More expensive than an ADN
*Varies depending on institution
Sources: Forbes Advisor, Teaching and Learning in Nursing, National Council of State Boards of Nursing
A BSN prepares future nurse entrepreneurs to handle a high level of critical thinking. This degree teaches high-level concepts like evidence-based practice, community health nursing, statistics used in research, nursing management and leadership, health informatics and analysis, healthcare ethics, and nutrition.
Master of Science in Nursing
A Master of Science in Nursing, or MSN, can be earned in two years, but many students continue to work throughout the program, which increases time to completion.
Doctor of Nursing Practice
A Doctor of Nursing Practice (DNP) degree is the highest level of education a nurse can achieve. This program takes longer than an MSN but may offer higher salaries and more opportunities.
Nurse Entrepreneur Licensing
Once a new nursing graduate has earned their degree, they must apply for licensure. Nurse entrepreneurs must apply for a registered nurse license to practice. To become a licensed and practicing nurse in any state, all nursing graduates must pass the state licensing exam (the NCLEX-RN) and apply for a state license.
NCLEX-RN
The National Council Licensure Examination–RN (NCLEX-RN) is a computer-based exam with 85 to 150 questions. The exam takes anywhere from one hour to a maximum of five hours. Questions fall into four basic categories:
1. Safe and Effective Care Environment
2. Health Promotion and Maintenance
3. Psychosocial Integrity
4. Physiological Integrity
Once completed, the state board of nursing sends test results within six weeks, usually by email. In the time leading up to the NCLEX-RN, it’s important for graduates to study practice questions to ensure a passing grade and many students take NCLEX prep courses to increase their likelihood of success.
Registered Nurse State License Application and Renewal
Each state in the U.S. has a unique registered nurse licensing application process. The state board of nursing will want proof of an NCLEX passing result and a diploma from an accredited nursing program. Most states require criminal background checks and fingerprinting, and some may want to see university transcripts.
In most states, RNs must renew their license every two years after initial licensure. Each state has varying requirements for continuing education and other documentation needed for renewal. The National Council of State Boards of Nursing offers a wealth of information on registered nurse licensing requirements by state.
Specialty Certification
Some nurse entrepreneur positions may require certifications like Basic Life Support (BLS), Advanced Cardiac Life Support (ACLS), and Pediatric Advanced Life Support (PALS). Additionally, nurse entrepreneurs may choose to pursue specialty certifications through several organizations, depending on their specialty. For example, the Infusion Nurses Certification Corporation offers IV therapy nurse entrepreneurs a certified registered nurse infusion (CRNI) designation, and the American Association of Legal Nurse Consultants offers legal nurse consultants a Legal Nurse Consultant Certification (LNCC).
Where Do Nurse Entrepreneurs Work?
Nurse entrepreneurs can find employment in a wide range of settings. These may include:
- Freelance editor
- Freelance health writer
- Homecare agency owner
- IV hydration
- Lactation counseling
- Legal nurse consultant
- Massage therapy
- Medical spa owner
- Private practice (for nurse practitioners)
- Wellness coach
FAQs: How to Become a Nurse Entrepreneur
1. What education is needed to become a nurse entrepreneur?
Nurse entrepreneurs must graduate with a nursing degree from an accredited college or university. They can pursue a two-year Associate Degree in Nursing (ADN) or a four-year Bachelor of Science in Nursing (BSN).
2. How many years does it take to become a nurse entrepreneur?
The time it takes to become a nurse entrepreneur depends on which degree one pursues, but it may take anywhere from two to four years for an undergraduate degree, plus bedside experience.
3. What are the steps to become a nurse entrepreneur?
To become a nurse entrepreneur, candidates must apply to and graduate from an accredited nursing school, pass the NCLEX-RN, and apply for and receive a nursing license in their state. After these steps, they may become nurse entrepreneurs and pursue specialty certification and higher education.
4. How much do nurse entrepreneurs make?
The U.S. Bureau of Labor Statistics (BLS) doesn’t offer an average salary for nurse entrepreneurs because each position can vary widely. For example, legal nurse consultants can charge around $150/hour if they work independently but can charge more ($300-500/hour) if they testify in court. Lactation consultants can make an average of $86,430 a year, according to ZipRecruiter, which shakes out to about $42/hour. In comparison, the average annual salary for registered nurses is $94,480, according to the BLS.
