Do you daydream about being your own boss or running your own business? Does the change of seasons give you an itch to be doing something different?
If you’re thinking of starting your own business, discover more about yourself by taking inventory of your strengths and weaknesses. What do you do well? Where can you improve? Which traits are in your favor or could be an obstacle? Take a step back and do an objective assessment. To help you get started in your self-evaluation, here are several traits to look for in yourself:
Congratulations! As a new entrepreneur, changing from an idea to a hobby to a business takes a lot of courage. Even if this is a go-it-alone venture you’ll need to establish a team of people who are investing in you and your start-up. This may include family and friends, but you will also need strategic business partnerships. It’s especially important to improve your bottom line and to maintain financial success.
Your new company's financial picture is a personal, sensitive topic. Choose people you trust and who will give you honest feedback. Ask yourself these questions: