Startup tips and survey for potential entreprenuer

Entrepreneurs I have spoken to have all demonstrated both passion and enthusiasm for their businesses. It is a fact that most people do dream about owning their own businesses. However, starting a business is never easy as most business owners will attest to. I found this article online that gives tips about avoiding the business start up grave. There is also a little survey included (look carefully so you don't miss it) that helps to assess whether someone is ready to take that plunge into entrepreneurship. Click here to view article and survey.

While the survey is not conclusive by any means, it is a quick litmus test and did prove to be an eye opener. These are practical questions and point to one thing: entrepreneurship can be very challenging. For example, while cash flow management is essential, for the small start up cash in flow can be erratic while expenses are often time pretty constant. Bills arrive monthly like clockwork. Therefore, disruption in the revenue cycle can wreak havoc. So proper businesses and personal household planning becomes critical often times causing a change in lifestyle and personal spending habits. This is one of the aspects that stood out most to me.

My score on the survey indicated among other things, a high interest in entrepreneurship (which is no surprise given the nature of the magazine). Some people may be born with innate ability to be an entrepreneur as was brought out in the Marlon Hill feature article in the September issue. In some cases the interest has to be nurtured. But, entrepreneurship tendencies may not be enough as life circumstances may hinder the entrepreneurship process as the survey will bring out.

Request a copy of the September issue by emailing mmaxwell.cbdigest@gmail.com.