Search SEARCH

How do I know if I am ready to go into business for myself?

With a good idea or without, it seems that there should be signs that a person is ready to strike out as a business owner. How do I make sure that I am ready? What kind of skills (soft & hard skills) do I need to have? Are there specific personality traits that will make me succeed or fail? Are there any good books on the subject? Are there any financial guidelines for Net worth requirements?

Asked By: Quick2Answer - 9/14/2006
Best Answer - Chosen by Asker
I believe you are asking some really thoughtful and intelligent questions. Since I'm in business for myself, I can tell you how I knew that I was ready and what I did to be successful... More
Answered By: scmduplessis - 9/14/2006
Additional Answers (4)
The best way to know if you are ready to go into business is if, one, you are ready to work about 80 hours a week. Second, you must have a nice chunk of change to absorb all the start up costs and up-front financing that is involved.
Answered By: Solutions - 9/14/2006
 
have you done a thorough research on what you intend to do? have you done a business plan? some Govt' Departments on business development can help you with these. Look in the phone book of your area, there may be organizations like that.
Answered By: huynh n - 9/14/2006
 
If you have to ask yourself then you are not ready....
Answered By: TommyGun - 9/14/2006
 
I would say a good way to find out is start small. I have a small home business that teaches you all of the skills you need with excellent training and mentoring. Your investment would be a little under $200, not bad to find out if business is for you or not... More
Answered By: Mexico4me - 9/14/2006
 
Sponsored results
Over 483 Local Jobs Now Hiring In Your Area. $18-$87/Hr - Apply Today!
Jobs.Quick-com
Click. Search. Apply. Free!
www.JobDiagnosis.com
Jobs hiring near your local area. Part-time, Full-time, Work at home.
www.HiringLocally.com
Get Your Degree Online Sooner than You Think. Financial Aid Options
Degree-Accredited.com/Degree

Other Career Questions

What is your current job? Why did you choose this job? What do you enjoy about your job? What do you dislike about your job? What would be your perfect job? Would you rather have this j...
3 answers - Asked By: drop pants not bombs!.♥ - 3/2/2010
Where are the jobs? Is productivity and globalization creating a permanent “recession” of jobs? My main issue is I am doing a paper for school and have no idea where to begin. I was hoping suggestions...
4 answers - Asked By: bayebd24【ツ】 - 11/21/2007
Hi ok im 19 and about to start college to do an acess course into a university. Ive been browsing through all the courses and im tottaly stuck! I thought politics but im scared ill end up with some r...
1 answers - Asked By: roseparkerly - 1/26/2009

Content is not owned or controlled by Monster. Any content concerns should be addressed with Yahoo!
Yahoo! Does not evaluate or guarantee the accuracy of any Yahoo! Answers content. Yahoo! Disclaimer.

Popular Articles

Best-Paying Work-from-Home Jobs Article Rating
It’s easier than ever to work from home. Of course, not every job is a mobile job, and some companies aren’t interested in having their employees work from home.
2013 Marketing Jobs Outlook Article Rating
The US may be facing another year of anemic hiring overall, but that won't be the case in the high-orbit world of multichannel, digital media marketing.
For Employers: Post Jobs | Search Resumes | Advertise
About Monster | Work for Monster | Advertise with Us | AdChoices | Partner with Us | Investor Relations | Social Media
Terms of Use | Privacy Center | Accessibility Center | Help | Security | Contact Us | Sitemap | Mobile
©2014 Monster - All Rights Reserved U.S. Patents No. 5,832,497; 7,599,930 B1; 7,827,125 and 7,836,060 MWW - Looking for Monster Cable? - V: 2014.1.40.24-214
eTrustLogo