Self-evaluation
Sure,the entrepreneurship gene might give you an edge, but not so far as you might think.
Being "built to be an entrepreneur" touches as much on your genetic makeup as your disposition and experience.
While your genes influence whether or not you become an entrepreneur, experience matters, too. Genes don't determine anything you do; they merely influence what you do in the same way,your life your life experiences do, but what about those who has no experience especially fresh graduate, they don't want to work in the company but they want to start their own company or a entrepreneur.
To have a clearer idea on whether you have a good chances at becoming a successful entrepreneur, answer these questions:
* Do you enjoy making decisions
and being in charge?
* Are you good at following through on your ideas, plans, and projects?
* Are you good at short-range and long-range planning?
* Do you have the willingness to take the initiative when confronted with difficult situations?
* Are you flexible can you adapt to changing circumstances?
* Are you willing to take calculated risk?
* Are you ready to learn and accept mistakes that you might commit along the way?
* Are you offering a product or service that people want to buy, and not just something you want to sell?
* Do you have enough money saved up to start your business?
* Will your business plan allow cash to flow as soon as possible?
*Do you have good credit rating?
* Are you ready to test your product/service with the public and are you open to make necessary changes?
If you answered yes to most questions above, you have the makings of an entrepreneur.
One of the most difficult task is to budget or managing your finances, see for example you have the salary of 50k and your house mortgage is 25k so how do you budget with that with slashing half of your salary plus your electricity bill, water bill and of course the internet fee. The best thing you could do is make sure you have a grocery for a month avoid those that unnecessary things like dress, shoes, buy the nice one of that will last for a lifetime. Don't buy the cheap one because its only last for a month or in a few use. So its better to buy the classic one not a trendy, but at least you can buy once. And the other one is eating in a high end have you tried to get your fry pan or sauce pan to joggle the vegetable. Cooking is fun its not what you think. And also its delicious and healthy food that you serve in your family. And also not to buy that thing not important. And make sure you have a cash, I didn't mean credit card, you know its very convenient if you have a ...
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