Many people dream of starting a business, but very few of us actually get there. Of the ones that do, a large percentage end up failing early on. This is usually because the founders are not prepared enough – or have not thought their business idea through. Here’s what you need to know if you are planning to start a business any time soon.
Let’s start here: it’s hard. Really, really hard. Be prepared to work more hours than is legally recommended, sleep less than you ever have in your life, and take on stress headaches that have you wishing you could stay in bed. If that sounds like enough to put you off, you probably won’t make it. Most entrepreneurs will tell you that the only way you can make something a success is if you are truly passionate about it. The passion and drive to keep going through those tough first years – and yes, it will be years – will be what brings you through to the successful phase. Read More