Are You Cut Out For Entrepreneurship?
Kelly Spors, a staff reporter at the Wall Street Journal in Minneapolis, wants to know if you've got the grapes to make it as an entrepreneur.
It seems that in this "bleak economy" everyone is contemplating either suicide or entrepreneurship. So in her article, which ran on the front page of The Journal Report today, Spors lists some important questions wannabe entrepreneurs should be asking themselves before they strike out on their own.
The Journal notes that being your own boss can be a liberating and lucrative experience, but cautions that "building a successful business can take years filled with setbacks, long hours and little reward. Certain personalities thrive on the challenge and embrace the sacrifices. But it can be a hard switch for someone who has spent years sitting in a cubicle with a steady paycheck." Here's what you need to consider:
1. Are you willing and able to bear great financial risk?
2. Are you willing to sacrifice your lifestyle for potentially many years?
3. Is your significant other on board?
4. Do you like all aspects of running a business?
5. Are you comfortable making decisions on the fly with no playbook?
6. What's your track record of executing your ideas?
7. How persuasive and well-spoken are you?
8. Do you have a concept you're passionate about?
9. Are you a self-starter?
10. Do you have a business partner?
Giving our solar system a "slap in the face."
- A stream of galactic debris is hurtling at us, pulling dark matter along with it
- It's traveling so quickly it's been described as a hurricane of dark matter
- Scientists are excited to set their particle detectors at the onslffaught
The ability to speak clearly, succinctly, and powerfully is easier than you think
The ability to communicate effectively can make or break a person's assessment of your intelligence, competence, and authenticity.
Once again, our circadian rhythm points the way.
- Seven individuals were locked inside a windowless, internetless room for 37 days.
- While at rest, they burned 130 more calories at 5 p.m. than at 5 a.m.
- Morning time again shown not to be the best time to eat.
SMARTER FASTER trademarks owned by The Big Think, Inc. All rights reserved.