Is it difficult to start a business?

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My answer to Is it difficult to start a business?

Answer by Ken Larson:

It is not for everyone and a challenge for many.

Decide what you wish to be as an entrepreneur.

Look at your value system, what your talents are, then determine a field in which you would enjoy running an enterprise for the long term.

Next you must determine a product or service need in that field and an idea to fill it.

Then Give your start up idea the following test:

1. Do you have a product or service niche in mind?

2. Do you believe you have a market for 1 above and the means to reach it?

3. Are you willing to develop a business plan using the tool kit linked below to validate 1 and 2 above before you launch?

If the answer to the above questions is yes than take the actions indicated, observe the results, then make an informed decision on whether or not to proceed.

TOOL KIT:

How to Write a Business Plan

Free Business Plan Samples

Is it difficult to start a business?

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About rosecoveredglasses

2 Tours in US Army Vietnam. Retired from 36 Years in the Defense Industrial Complex after working on 25 major weapons systems, many of which are in use today in the Middle East. Volunteer MicroMentor. I specialize in Small, Veteran-owned, Minority-Owned and Woman-Owned Businesses beginning work for the Federal Government. MicroMentor is a non-profit organization offering free assistance to small business in business planning, operations, marketing and other aspects of starting and successfully operating a small enterprise. You can set up a case with me at MicroMentor by going to: http://www.micromentor.org/ key words: "Federal Government Contracting"

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