Plus, I'll get to take the biggest share of the company's income. There is no occupation in the world that can reap the same benefits as entrepreneurship. The possibilities are limitless. However, being a successful entrepreneur doesn't come easy. There are many factors working against people trying to start up their own business.
Most new businesses fail within the first couple of years.
Even successful operations usually spend a few years in the red before turning a profit. It takes a particular type of individual to get a business off the ground. All successful entrepreneurs exhibit very specific traits. Due to the self-reliance that entrepreneurship requires, a person who does not posses all of the traits will have a more difficult time succeeding in business, no matter how good their ideas are. Take a look at the following list of characteristics and see how you match up.