Self-Employment - Do you have what it takes?

Questions To AskAs the owner of three increasingly growing businesses I often look back to my earlier days and the questions I asked myself before quiting my full time job. I had an idea to get into Virtual Assisting in 2001 but kept that idea on the back burner for almost two years. My paycheck at the end of each month provided false sense of security that I did not want to give up.

I am often asked “how did you know that you were ready to start your own business?” Frankly, I am as human as the next person and I did question myself A LOT. I did know that whenever I did something, anything, I gave it my best. I had the experience of overseeing the daily activities of a busy practice in the middle of Manhattan and a more that busy department in a huge corporation.

Here are some questions that I pose to up and coming entrepreneurs to give them an idea of the traits needed to start a business:

  • Are you a quick learner?
  • Are you resourceful?
  • Are you afraid of hard work?
  • How do you handle money?
  • What is your leadership style? (If you have one)
  • Do you make decisions quickly?
  • Do you get tasks completed on time?
  • Are you phased by competition?
  • Do you have some level of common sense?
  • Can you live without a steady income for 6 plus months?
  • Do you have someone who can give you a positive outlook when you don’t have it?
  • Are you persistent and self disciplined?
  • Do you work well under pressure?
  • Are you willing to learn and accept new ways of getting things done?
  • Do you enjoy meeting new people?
  • Can you juggle multiple tasks?
  • Are you willing to talk about your product or service?
  • Do you have the skill and PASSION for the business that you are considering?

These are just a few of the questions you should ask yourself before proceeding with plans to start your business.

FSE

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