Many wish to fulfill lifelong dreams. While many succeed, going into business can be risky. If you examined why new businesses fail, the same answer comes up over and over again. The fledging entrepreneur thought that enthusiasm and hard work would be enough to ensure success. This is not the case.
Success demands hard-nosed, thorough planning and there are no shortcuts to success.
Questions to Ask Yourself Before you make any decisions about self-employment, invest some time in answering these questions. Write down your answers. You may need to revise them as you do more research and planning. Starting a business means being willing to take moderate risks to achieve your goal. Business owners should not be gamblers.