Five important questions to answer before starting your business (part 2)

So, this is part two of this post sequence. In part one, I talked about how not planning ahead for capitalization of your business can kill your dreams. Having a very distinct plan for cash and cash flow is very important for a new business. But, in part two we are going to focus more on the psychological change that you have to go through when starting your business.

But, surprisingly I agree with item #3 the most: Do you have the humility and willingness to do it all? This is one factor that I think most aspiring entrepreneurs take for granted. Can you operate your business effectively with limited/non-existent resources? While at the same time being able to envision goals for you and your business? While blocking out all the noise that surrounds your business/personal life?

So I ask you, what question do you agree with on this list? Or what question do you wish you had asked yourself before starting your business?

Check out the full article here.

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