One of the most important and often over looked aspects of starting a business by many entrepreneurs is the evaluation of themselves. Most people start a business without ever completing a thorough, honest appraisal of themselves and their personal, family and business needs and goals. Without this appraisal, the potential to succeed in business can be very limited.
Many people start a small business in order to enjoy the perceived rewards of freedom and independence. The reality of small-business ownership can be quite different. Many small business owners will tell you that they work more hours than when they worked for someone else. There is also a great deal of responsibility that results from becoming your own boss that should not be overlooked.
The Mississauga Business Enterprise Centre (MBEC) suggests the following resources to help you determine your readiness for becoming an entrepreneur:
Is Entreprenurship for you? http://www.canadabusiness.ca/eng/125/107
Thinking Of Starting A Small Business? Three Questions To Ask Yourself Before You Start Your Own Business https://www.sba.gov/content/20-questions-before-starting-business