Background: Entrepreneurship is essential for both individuals and all businesses. In contrast to other industrial domains, the nursing field exhibits separate traits unique to entrepreneurial desire. Aim: This study sought to assess the correlation between nursing students' entrepreneurial managerial readiness, psychological traits, and their intention for entrepreneurship. Design: A descriptive correlational study. Settings: The study was conducted at Nursing College, Suez Canal University, Egypt. Participants: A convenience sampling of senior nursing students in third and fourth academic years of BSN Program were enrolled (N=274). Methods: Entrepreneurial psychological traits questionnaire, entrepreneurial managerial readiness questionnaire, and entrepreneurial intention questionnaire were the three instruments we utilized to gather data. Results: Significant positive relationships were found between psychological trait-section one (external influences) with entrepreneurship intention and entrepreneurship readiness among the participants (r= 0.39, 0.41) respectively, significant positive relationship between entrepreneurship intention and entrepreneurship readiness (r=0.44). Conclusion: This study concluded that most nursing students have entrepreneurship psychological readiness and intention, their perception of the external influences of psychological traits are positively significant related to the entrepreneurship intention and readiness. And a significant positive relationship between entrepreneurship intention and entrepreneurship readiness. Recommendations: Nursing education leaders must ensure that their students are provided with the opportunity to develop the needed knowledge and skills. University must empower their students psychologically in addition to the academically so that they can compete successfully in entrepreneurship.