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Work: Starting Your Own Business

Am I A Good Candidate For Starting A Business?

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Realistically assess your ability to work for yourself. Consider the following:

  • How do I deal with risk?
  • Am I a self starter?
  • Am I motivated?
  • Am I capable of making critical decisions on my own?
  • Do I have the physical and emotional stamina to run my own business?
  • How will operating a business affect my health?
  • Am I willing to devote the kind of time and energy necessary to start a business? It's often said that starting a new business will "take over your life."
  • Am I well organized?
  • How will operating a small business affect my finances?

If you still have a question after answering these questions, consider seeking advice from outside sources as to whether or not you would be a good candidate for starting a business. Look for people who have a good sense of what's involved in starting and running your own business and who will give you an honest assessment of your traits and of the prospects of the business you are considering.

In the end, you are the one making the decision. It should be a decision with which you are comfortable.


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