Career Options Bell Ringer

business idea

an idea for a company or product. Not all business ideas have a good chance of succeeding. Some ideas are more likely than others to succeed.

Entrepreneurs often work ___________, especially when they first start out.

long hours

The main advantages of being self-employed include:

possibility for a flexible schedule. potential to earn more money. more control over business policies and interacting with people. options to expand if demand for your product is high. cannot be fired.

True or false? If you work in the health sciences industry, you should have a desire to improve people's health, first and foremost.

true

Some examples include:

2-year Associate's Degree in Nursing 4-year Bachelor's of Science (B.Sc.) degree 6-year Master's of Science (M.Sc.) program 8-year Ph.D. program 9-year M.D. program 9- to 12-year program to become a specialist, such as a surgeon

What is a business opportunity?

A consumer problem, need, or desire that a business could provide a solution for

Goods and Services

A health science entrepreneur's company might sell goods, services, or both.

Which of the following are examples of services? (Check all of the boxes that apply)

An eye examination A massage to relieve back pain

Impact of Career Decisions

Career decisions impact your future and your quality of life. Your career can improve your financial success, status, and happiness, but it can also lead to economic and emotional stresses. A career is not the only thing needed for a fulfilling life, but it is a significant component of life for many people.

Select three main areas of a person's life that are impacted by career decisions.

Educational Social Financial

There are three main areas of life affected by your career choice:

Educational achievement Financial status Social life and status

Which of the following are examples of social impacts of a career decision?

Missing family events because of having to work long hours Having a coworker over for dinner Having time to spend with family and friends

Financial Status

The career you choose affects your financial status, based on the salary it pays. Of course, career decisions should not be made entirely for financial reasons, since job fulfillment and lifestyle are often just as important as the pay. Some health science careers pay more than others. For example, a surgeon typically makes more money than a medical secretary. However, the years of education and training to become a surgeon are long and expensive, while a medical secretary needs less education and training. This means the medical secretary can typically enter the workforce at a much younger age.

products

The goods and services provided by a company are known as the company's products.

Which of the following are examples of positive social impacts of a career decision? (Check all of the boxes that apply)

You become good friends with your coworkers from a medical clinic Your family is proud of you

Which of the following are examples of negative social impacts of a career decision? (Check all of the boxes that apply)

You have to work late on a weekend and miss a movie with friends You feel very tired because of working night shifts at the hospital You have to leave a party in order to help an injured patient

Social Life and Status

Your career may also affect your social status, since it can affect what other people think of you. Typically, some of the higher status medical careers require more education and training, such as doctors or surgeons. Depending on what your social group values, people may respect you for choosing a career in the medical profession and may respect your education, experience, and expertise. Your career also affects the people you meet and spend time with. You may socialize with coworkers or others you met through your job.

Time for Social Life

Your career may significantly impact your social life. Your job affects how many hours you work, and this affects when and how much you can participate in social activities. For example, an emergency room nurse may work long hours and miss some family events. Some medical professionals work unpredictable hours that frequently change or work evening hours and sleep during the day. On the other hand, a healthcare provider who works in a doctor's office may have predictable hours.

business opportunity

a consumer problem, need, or desire that a business could provide a solution for. This could be a problem, need, or desire of individual consumers or of companies. An entrepreneur recognizes a business opportunity and creates a business idea to take advantage of the opportunity.

good

an item of value that a person can buy or make and then sell to other people, such as medical equipment, supplies, or medicine.

True or false? All people who work in health care need the same qualifications.

false

Your career can improve your ________ success, social status, and happiness, but it can also lead to economic ________ and stresses.

financial emotional

entrepreneur

someone who starts a business, instead of working for other people. Entrepreneurs are self-employed, which means they work for themselves, and they often employ others. Entrepreneurs have more responsibility and financial risk than employees. Many entrepreneurs do not have set salaries or schedules. Entrepreneurs often work long hours, especially when they first start out. Entrepreneurship is not for everyone. It often requires creativity and taking risks.

service

something of value that a person can do for other people, such as nursing care, massage therapy, or counseling.

self-employed

they work for themselves, and they often employ others.

post-secondary education

training beyond high school at a college or university. Competitive colleges may only accept students whose grades are above average. For some jobs in the health sciences, like that of a surgeon, up to twelve years of additional study and training may be needed. Other positions, such an X-ray technologist, may require only two years. You may have a great desire to improve people's health, but you must ask yourself if you are willing to put in the time and effort it takes for some health science careers.

The main disadvantages of being self-employed include:

workweek may go well beyond forty hours and include weekends. no guarantee of salary, raises, or bonuses. higher risk of financial difficulty and bankruptcy. more contact with clients and employees sometimes means more stress. competitive environment, because others may offer similar products. uncertain vacation time and medical benefits.