Five QuestionsYou May HaveBefore Starting Your Own Business

Do I Have Enough Money?• Many startups begin with a bootstrap budget. • You don’t need to have investors lined up to start. • You can seek more money as you grow.

Do I Need to Quit My Job?• Eventually, if your venture becomes

successful, but many businesses started out as hobbies on the side.

• Concentrate on having a business plan that allows you to eventually quit your regular job instead if stability is a concern.

Do I Need a Business Degree?• It’s not a requirement, but a business

degree can help you learn the basics of entrepreneurship, management strategies, accounting, and more.

• There are online business degrees available for those who need more flexibility.

Do I Need to Hire People?• This will depend on the size of

your business and your immediate goals.

• If you cannot afford to hire anyone but need help, you may be able to hire interns to fill an immediate need.

Will I Be a Good Entrepreneur? • Do you have a passion about your

product or service and believe there is a market for it?

• Are you willing to work hard and make the necessary sacrifices?

• Are you organized and have a business plan in place?

• If you answered yes to all of these questions, you may have it in you to be an entrepreneur.