#6 - Are you really ready for entrepreneurship?
When looking to go into the world of entrepreneurship, it’s important that you know yourself. I’m sure many of you have the burning desire to be your own boss or invent something new. That’s a good sign, but it’s not enough to go into entrepreneurship.
I believe that before you actually proceed with the start-up procedures, you should take time to prepare yourself for what is going to happen. Starting a business will seem easy compared to the steps that follow starting a business, which is making the business work.
Here are the questions in today’s episode to ask yourself before starting a business and going into entrepreneurship:
- Am I ready for this?
- Can I handle the responsibilities?
- Do you have the motivation to succeed?
- Who?
- Who are your potential customers?
- Who are your competitors?
- Who are your potential employees?
- Who will be my investors, partners, or company officers?
- What?
- What is your product or service?
- What compensation do you offer?
- What benefits can you offer?
- What sources of help are available to you?
- Where?
- Where will I buy or lease an office, store, warehouse, etc.?
- Where will I get start-up funding?
- Where do I want to be in the next year, five years?
- Why?
- Why should you go into business in the first place?
- Why do you want to serve this potential audience?
- When?
- When should you start our business?
- When will you find time for family and friends?
- When will you find time to build your business?
- How?
- How will I promote my business and product/service?
- How much start-up capital will I need?
- How do I manage my business?
So I hope this helps you on your journey to starting your own business and becoming an entrepreneur.
Now all this information I am providing will not help you if you don’t take action. So listen to this episode on repeat if needed or check out the show note for the questions to ask yourself.
Next week week I’m diving into the 8 Steps to Start-Up Success. You won’t want to miss this episode!
See you next time Corporate Misfits.
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