Entrepreneurship, to an outsider looking in, may appear exciting and glamorous. Business owners get to set their own schedules, work at their own pace and follow their dreams. It’s so appealing that many envious individuals (with an idea and an entrepreneurial mindset!) may feel like it’s time to ditch their 9 to 5 jobs and become an entrepreneur themselves.
The reality of entrepreneurship, of course, is that it’s a lot of hard work. Becoming a small business owner means seriously committing to the business every day. You must be able to overcome challenges, be driven to reach your goals, and have a well-constructed business plan that lays out the groundwork of your startup.
Think you can handle it? Ask yourself the following questions to determine if you’re on the right path.