Exercise Physiologist Entrepreneurship
Sunday, September 23rd, 2007“The entrepreneur is our visionary, the creator in each of us. We’re born with that quality and it defines our lives as we respond to what we see, hear, feel, and experience.” — Michael Gerber
YESTERDAY, I was talking to several students and the subject – entrepreneurship — came up. The word entrepreneur originates from the French word, entreprendre, which means “to undertake.” Frankly, I was surprised because not too many students are poised to think about the entrepreneurship of exercise physiology. While entrepreneurship has many meanings, the practice of starting a new business is often the most common meaning of entrepreneurship.
As the conversation permitted, I told the students that I had just read an article entitled “Clinical Nurse Specialist Entrepreneurship” [1]. It seems that nurses and just about every other established healthcare professional is thinking about or engaged in entrepreneurship. As an example, think about the following article titles by nurses:
· Vogel, G. and Doleysh, N. (1994). Entrepreneuring: A Nurse’s Guide to Starting a Business. New York: National League for Nursing Press.
· Kowal, N. (1998). Specialty Practice Entrepreneur: The Advanced Practice Nurse. Nursing Economics. 16:277-278.
· Roggenkamp, S.D. and White, K.R. (1998). Four Nurse Entrepreneurs: What Motivated Them to Start Their Own Businesses. Health Care Management Review. 23:67-75.
· Dayhoff, N.E. and Moore, P.S. (2003). Entrepreneurship: Start-Up Questions. Clinical Nurse Specialists. 17:86-87.
· Andrica, D.C. (1998). Entrepreneurship: Is It For You? Nursing Economics. 16:330.
· Vollman, K.M. (2004). Nurse Entrepreneurship: Taking an Invention From Birth to the Marketplace. Clinical Nurse Specialists. 18:68-71.
· Palmer, J.W. (1996). Thoughts on Becoming a Nurse Entrepreneur. Emergency Nursing. 22:534-535.
Obviously, just from this short list of titles, entrepreneurship is important to nursing and other professions. I think it should be an important topic of discussion among exercise physiologists, too. Why? There are many reasons. One, in particular, is the stifling negative effect of the sports medicine influence on exercise physiology. In short, the idea of “exercise science” resulting in viable careers opportunities is an illusion of considerable tragedy [2]. For an engaging analysis of this point, refer to the October PEPonline article entitled “The Tragic Illusion of Exercise Science.”
Board certified exercise physiologists (BCEPs) represent a new breed of exercise physiologists in the United States, if not the world. They want control over their work, and they want to practice exercise physiology without restraints placed on them by association with exercise science and/or sports medicine. Entrepreneurship is all about transforming what is presently a gym and/or corporate fitness mentality that most often associates with exercise physiology (i.e., aside from cardiac rehab) into a completely new business-way to think about exercise physiology.
This is clearly consistent with the definition of entrepreneurship. That is, the “emphasis on innovation” [3]. From this viewpoint, one can define the actions of the ASEP leaders in the development of the exercise physiology professional infrastructure as the innovation that gives exercise physiologists the competitive advantage in the use of exercise as medicine. This thinking is in agreement with Schumpeter [4] who concludes the following: “The entrepreneur is someone who carries out “new combinations” by such things as introducing new products or processes, identifying new export markets or sources of supply, or creating new types of organization.” ASEP is such an organization plus the BCEP is the new product that markets both a new and improved career for exercise physiologists and a new healthcare professional.
It is not enough to simply get a college degree. Instead, academic exercise physiologists must nurture a new vision and perspective of exercise physiology. They must help with key areas, particularly new thinking and innovative ideas along with the entrepreneurial mindset. Building the next generation of leaders is critical to the future of exercise physiologists with the desire to promote a strong sense of professional accountability. Clearly, it is important that exercise physiologists do as nurses have done. Why not the following book titles or articles titles?
· Entrepreneuring: An Exercise Physiologist’s Guide to Starting a Business
· Board Certified Entrepreneurship: The Next Generation of Leaders
· Four Exercise Physiology Entrepreneurs: What Motivated Them to Start Their Own Businesses
· Exercise Physiology Entrepreneurship: Taking an Invention From Birth to the Marketplace
· Thoughts on Becoming a Board Certified Exercise Physiology Entrepreneur
It is just a matter of time and the world will see that exercise physiology has changed, and ASEP is just the beginning of the change process. But, exercise physiologists must put forth a sustainable effort towards professional development. The ability to manage their own profession is directly related to their own career opportunities. Such thinking requires mental flexibility and an aptitude for seeing beyond the sports medicine influence. Entrepreneurship equals new jobs, more revenue, and improved professional image. It is vital to the growth of the profession. Promoting entrepreneurship in academic courses, workshops, seminars, and national meetings is in the best interest of all exercise physiologists.
In the end, it will be clear that the BCEP entrepreneurial is innovative when it comes to the exercise prescription, self-confident when overseeing musculoskeletal and cardiovascular profiles, fiercely competitive about exercise as medicine, and intensely obsessed as a professional. They are interested in creating a credible healthcare practice that is founded on mind-body interconnectedness. In fact, as Howard Marguleas said: “Never cease to pursue the opportunity to seek something different. Don’t be satisfied with what you’re doing. Always try to seek a way and a method to improve upon what you’re doing, even if it’s considered contrary to the traditions of an industry.”
Hence, as I wrote in an article published in PEPonline, year 2000 [5], “In the not too distance future, Ph.D. academic exercise physiologists, who probably know little to nothing about entrepreneural ventures as an emerging trend in our economy, will be expected to offer entrepreneurship courses for undergraduates and master level prepared exercise physiologists. The question is whether they will find the time to leave the laboratory to address the new opportunities in the public (service) sector. Another question is whether they will help their students form the necessary, strategic alliances with other entrepreneurs, locally and otherwise. Students who develop entrepreneurial, negotiation, and legal skills will be prepared for the 21st century.”
As entrepreneur exercise physiologists recognize that their specialized body of knowledge is the equivalent of a business product or a healthcare service, they will get involved in the business of applied exercise physiology. There will be financial and legal risks, but there will be profits too. There are very real rewards of entrepreneurship. Working on your own, being in control of making decisions, and making a living as a “solo professional” are all valued outcomes. Our students need information about downsizing, decentralizing, and sending out work to other firms. This information is not new. Today’s economy is ready for new, exciting, and creative ideas. This is an excellent time for entrepreneurship in exercise physiology and, therefore, for new career opportunities. New businesses with increased focus on the exercise physiology body of knowledge should speed important changes in our academic courses. Unlike the past where computer technology did not exist for the average person, we now have increased opportunity to integrate new technology in the overall health and physical assessments. [6]
Reference
- Leong, S.L. (2005). Clinical Nurse Specialist Entrepreneurship. The Internet Journal of Advanced Nursing Practice. 7:1:1-8.
- Boone, T. (2007). The Tragic Illusion of Exercise Science. Professionalization of Exercise Physiologyonline. 10:10 [Online]. http://faculty.css.edu/tboone2/asep/Tragic_Illusion_Exercise_Science.html
- QuickMBA. (2007). A Definition of Entrepreneurship. QuickMBA.com/ [Online]. http://www.quickmba.com/entre/definition/
- Schumpeter, J.A. (2002). Biography of Joseph Alois Schumpeter (1883-1950). The Concise of Encyclopedia of Economics. [Online]. http://www.econlib.org/Library/Enc/bios/Schumpeter.html
- Boone, T. (2000). The Exercise Physiologist as an Entrepreneur. Professionalization of Exercise Physiologyonline. 3:1 [Online]. http://faculty.css.edu/tboone2/asep/jan2.html
- Boone, T. (2003). The Entrepreneurship of Exercise Physiology. Professionalization of Exercise Physiologyonline. 6:3 [Online]. http://faculty.css.edu/tboone2/asep/EntrepreneurshipOfExercisePhysiology.html