You can assess your business skills by evaluating past jobs, volunteer work, positions in organizations, and personal traits. Consider your experiences and qualifications under each of the following headings. Not all of these experiences are necessary for every business. Few, if any, persons who start a business are experts at everything. You must be able to assess your strengths and weaknesses before deciding whether you can take time to learn what you need to know, or can afford to hire staff or consultants.
Expertise is more important in some businesses than in others.
Only you can assess whether you have the right expertise to succeed. Make a list of your work experiences, hobbies, interests, and acquired skills. Be honest and objective. After completing the list, it should be fairly evident what you can bring to your new business and where your interests lie. Keep this inventory available and use it when selecting the type of business you will launch.