PEPonline
Professionalization of Exercise Physiologyonline

An international electronic
journal for exercise physiologists
ISSN 1099-5862

Vol 11 No 10 October 2008

 



An Invitation to Think Outside the Box
Tommy Boone, PhD, MPH, FASEP, EPC
Professor and Chair
Department of Exercise Physiology
The College of St. Scholastica
Duluth, MN 55811 

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 it it’s considered contrary to the traditions of an industry.

-- Howard Marguleas

I don't have much information about people starting their own business but I like the idea.  They are pioneers.  We have many different kinds of products because business owners stuck their noses out to do something different.  Most of us don't think about taking a different path.  Often, we take the comfortable path.  There isn't even a dream of something different.  No one has said to students, in particular, to think outside the box (however unnatural it may feel).

My thinking may be unusual for most exercise physiologists, especially the academic types.  But, I think exercise physiologists today will have to learn how to be leaders in business as they are in health, fitness, rehabilitation, and athletics.  I have been an exercise physiologist for a long time, but I don't know when I have been more aware that starting your own business is more important today than ever before.  It feels to me that this is the only true future of Board Certified Exercise Physiologists.

For more than a decade now, I have worked to support the idea that entrepreneurial exercise physiology is a good thing.  More and more I realize that it can involve a combination of community practice, clinical skills, business skills and managerial skills; all rolled into one.  Because the business and managerial areas of study are not required in the typical exercise physiology curriculum, electives should be chosen to strengthen these areas.  The timing is right to elect to take several or all of the following courses.  No, I’m not talking about an account degree, although it couldn’t hurt:

  • Accounting
  • Economics
  • Personal Investing
  • Financial Planning
  • Business Management
  • Ethics and Business Law
  • Marketing Management

Are you a risk taker who has always dreamed of "doing your own thing?"  Well, perhaps, you should be.  Starting your own healthcare businesses isn’t impossible.  That's right, it isn't impossible!  More than anything, you need the passion to get started, and you need to know that it's worth it.  Also, you need to know that getting out of debt isn't just a dream (especially the college tuition loans).  It is possible.  Resolving credit issues and managing money are subject areas exercise physiologists can (and should) talk about.  They should also demonstrate the ability to envision the future and who are passionate about "exercise as medicine."

As an example only, the exercise physiology entrepreneur could assume the risk and management of a healthcare business.  You know…the application of exercise prescriptions to young obese children, help the person with diabetes or depression, rehabilitating the heart patient, or creating a specialized training program for athletes.  Think about it.  Life is a risk.  Managing your affairs is full of challenges.  There isn't anything magical about either one.  It can be learned, and the ASEP leadership is looking for exercise physiologists with the entrepreneurial mindset. 

  1. How to assess business opportunity?
  2. How to develop a business plan?
  3. How to sell the idea?
  4. How to bring the right people together?
  5. How to pull together the right resources?

The ASEP leadership is also interested in helping students develop the business tools and techniques to be successful.  This means more academic exercise physiologists must learn how to teach their students to work for themselves and be self-sufficient.  Can it be done in addition to the emphasis on the scientific aspects of health, fitness, rehabilitation, and athletics – your bet! 

A primary goal of the ASEP leadership is to extend support to other academic exercise physiologists to facilitate new thinking about healthcare businesses and, therefore, further the goals of establishing financially credible career opportunities for all exercise physiologists. 

 

Reference

Boone, T. (2008). Going for the MBA Degree. Boonethink.com/ [Online]. http://boonethink.com/?p=128




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