Starting a business is exciting and nerve-wracking. It will be one of the biggest investments you’ll make during your lifetime. Not just financially, but emotionally as well. Doing it right will mean taking on a lot of responsibilities and making a lot of sacrifices. It will also mean working harder than you ever have before.
For these reasons, business ownership is not for everyone. If you don’t have the right skills, personality, and commitment to operate a business, you’ll be in trouble before you make your first sale. So before you begin planning your E-Commerce business, you need to take a hard look at yourself, your family, and your finances, and give honest answers to some very important questions.
The following questions wiH help you weigh your personal characteristics and beliefs against the realities of business ownership. Don’t worry if you find that a few of the questions reveal doubts or weaknesses. Nobody’s a perfect match for any profession. But if you find many of the questions troubling, you may want to rethink your decision to go into business.
1) Are you willing to accept the responsibility of operating your own business ?
Forget the tidy little set of responsibilities that came with a position in corporate life. When you run a business, you’re in charge of everything