Plan a successful business start-up

Throughout this course, you will be given assignments designed to help you plan a successful business start-up. For your first assignment, you will create a personal vision. This is an opportunity to examine what is important to you and to articulate the type of life that will bring you satisfaction.

Answer the following self-evaluation questions:

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  1. Why do you want to start your company?
  2. What kind of business do you want to start?
  3. Are you emotionally suited to start and run my own business?
  4. Are you financially prepared to start my own business?
  5. Are you willing to invest the time and energy it takes to succeed?
  6. What skills of training will you need?  Do you have them or will you need to take special training?
  7. Do you have what it takes?
  8. What is your biggest fear in starting a business?

It is not unusual to discover that some of your goals conflict with each other. In this case, you can determine priorities or compromise between the conflicting goals. Ultimately, the outcome should reflect how you want to live your life.

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