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Thinking of going into business

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Last updated on February 27, 2017

Owning and managing your own business can be a rewarding experience – if you have what it takes and know what it needs.

Wanting to earn more, be independent, do something different or get out of a frustrating job isn't enough.  

You need to be the kind of person who can get a business started and make it a success.

Think about the ways your strengths and weaknesses in the following areas might impact on your business:

  • Are you a self-starter?  Can you motivate yourself or do you need someone else to get you started?
  • Do you relate well to other people?  
  • Are you a leader?  Can you get most people to go along with you or do you prefer to stand back and let someone else get things moving?
  • Can you take responsibility?  Do you like to be in charge and see things through, or would you prefer someone else run the show?
  • Are you organised?
  • How hard do you like to work?  Do you keep going until you achieve your goal?
  • Do you make good decisions quickly and easily?
  • Are you healthy?

Your answers to these questions may help you realise that:

  • operating a business is exactly what you should be doing
  • you should find a partner who can complement your strengths
  • going into business isn't the right decision for you right now.
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