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My suggestions based upon years of running my own business and working closely with entrepreneurs: Never launch out on your own if your primary motivation is t
by grellas 17y ago
My suggestions based upon years of running my own business and working closely with entrepreneurs:
Never launch out on your own if your primary motivation is to escape a dreary job or career path (it is OK if wanting to leave a bad job is an incidental motivation for doing something you would otherwise want to do). Always build from strength. Always count the cost (which is great) and the risks (which are great). Weigh this against the rewards, which are potentially great (greater financial return, independence, pride of achievement). If you see a good opportunity before you, and your eyes are open to the downside, then by all means venture forth if it makes sense to you.
I have elaborated on these points here: http://grellas.com/faq_business_startup_013.html http://grellas.com/faq_business_startup_013.html ("Tips from a Business Lawyer on Becoming a Founder").