Talk to others with direct or indirect knowledge of a business concept that interests you. Develop a 360-degree point of view by listening and learning from their experiences. More importantly you ll avoid mistakes they ve made, maybe the ones often fatal to new entrepreneurs. Listening to others helps you make better, more informed choices, saving valuable time and money. Take steps, not just leaps.
Unbridled optimism can be harmful.
Before quitting a job, try part-time entrepreneurship. This option permits you to experience the challenges of running a business with limited risk. Another alternative is to develop a home-based business. This is the fastest growing form of business opportunity. Estimates of the number of these mini-proprietorships range to as high as 40 million.