Aug 31 2010
Tips on Becoming an Entrepreneur
If you have dreamed of becoming an entrepreneur for as long as you can remember, then maybe you should just realize that there is no time as the present. In other words, there will never be the perfect time to dive in, so why not try now? Of course, there are certain matters that you should take into consideration first:
a) What kind of capital do you have backing you up?
b) Do you have a plan B should this fail?
c) What other expenses/dependents do you have that could suffer should the plan not work?
d) What is your target market?
e) Why do you think your product/service will make it?
f) What is the current economic environment?
g) What kind of support from family/friends/coworkers are you likely to get
Once you have answered these questions, it might be time for you to start thinking about opening your own business in the LA area. And remember: enjoy it! It should be a fun time too, especially if you are following your heart and dreams.
Comments Off