Want to be an entrepreneur?

Nowadays many people prefer to have self-employment rather than working 12 hours each day at some office. There are so many factors to consider before you decide to become entrepreneurs. Even if you have capital/backup to conduct the business, you cannot be one hundred percent sure that it can provide high returns in the future. Building a successful business can take years filled with setbacks, long hours with little reward. How can you figure out whether you're suited for self-eIf you’re reading this and wondering where to start on your quest for entrepreneurship, there is one good piece of news for you. Entrepreneurs are not born – they are made.mployment?

Here are the 10 questions (from WallStree Journal) to ask to see whether you're up for the challenge of entrepreneurship,

1. Are you willing and able to bear great financial risk?

2. Are you willing to sacrifice your lifestyle for potentially many years?

3. Is your significant other on board?

4. Do you like all aspects of running a business?

5. Are you comfortable making decisions on the fly with no playbook?

6. What's your track record of executing your ideas?

7. How persuasive and well-spoken are you?

8. Do you have a concept you're passionate about?

9. Are you a self-starter?

10. Do you have a business partner?

Gigaom has an excellent article with some great thought provoking statements for entrepreneurship..

I really like this advice in the article which says "If you want to be an entrepreneur, a great way to learn is to be an early employee at someone else's promising startup".

There are few traits you need to cultivate in order to succeed as an entrepreneur,

• Passion
• Plan, plan and then plan some more
• Be disciplined
• Be a cheapskate
• Understand that you're always marketing and selling
• Know that your client is the most important person in the business
• Remember that in business, Image is more important.

If you’re reading this and wondering where to start on your quest for entrepreneurship, there is one good piece of news for you. Entrepreneurs are not born – they are made.