Career Management: Entrepreneurs & Small Businesses
Entrepreneurial Career Path
Many people dream of being their own boss, but it is not the right choice for everyone.
Here are some questions to consider before taking this step.
1+ Unique service or product
+ meet the needs of large enough customer base
+ price customers are willing to pay
= income sufficient to run business and support self
There are different definitions of entrepreneur, small business, and start-up. Google the terms to see the trending definitions and pick the label that works for you
Many people dream of being their own boss, but it is not the right choice for everyone.
Here are some questions to consider before taking this step.
- Do you have strong passion or a vision?
- Are you able to set goals and work independently to meet them?
- Do you have savings or other financial backing to support you while you build the business?
- Are you able to sell to people or can you partner with someone who can?
- Does the following equation come out positive?
1+ Unique service or product
+ meet the needs of large enough customer base
+ price customers are willing to pay
= income sufficient to run business and support self
There are different definitions of entrepreneur, small business, and start-up. Google the terms to see the trending definitions and pick the label that works for you