Entrepreneur

Before Launching a Business, Ask Yourself These 5 Questions

How to know whether the sacrifice is worth it.
Source: Federico Gastaldi
Federico Gastaldi

Q: I have a startup idea…but how do I know whether it’s worth my time to pursue — Nia, Chicago

That’s a very important question. In fact, it might be the most important question — and many entrepreneurs bypass it on the road to independence. We’re so excited by our 2 a.m. epiphany that we don’t want that this is our one and only shot, and that another great may never come. But if you skip this self-audit, you may face massive consequences for years to come.

You’re reading a preview, subscribe to read more.

More from Entrepreneur

Entrepreneur5 min read
The 10+ Club
→ Here’s another elite group of franchises! → These brands have hit the Franchise 500 for 10 or more years. → Once they hit 25, they graduate to the Hall of Fame. → We list them here, ranked by years on the list. Anago Cleaning Systems Ranked 24 year
Entrepreneur3 min read
Making the Midlife Leap
Sometimes, building the life you want requires a big risk. That’s what Keri Gardner realized when she cashed in $100,000 of her retirement savings to buy a franchise. It was November 2020, and she had just been laid off from her executive role at a h
Entrepreneur3 min read
Sunco Industries Co., Ltd
Following a record-breaking performance by its stock market, Japan topped off 2023 with a third straight quarter of improving business sentiment as its largest firms continued to grow more optimistic. In the Bank of Japan’s final ‘tankan’ survey of t

Related Books & Audiobooks