Should i take a chance and risk losing everything?
Start my own business or continue working for a corporation forever? Its a question i have been wrestling with for 3 days now. I know i can make my own venture work with reasonable ease,but then how come i cant seem to take the next step?Any advice out there?
Comments (9)
magic
Another thought is the timing...we are going through a world recession. My interest is trading (exports and imports)...something which is definately experiencing a slump. One way of looking at this is that a recession is a good time to write a business plan and establish oneself; if you can convince an investor to throw money or capital at your business idea, then you have a good chance of riding through the recession and coming out a winner afterwards.
Good luck!
But serious pros and cons lists need to be done first, but this proccess will not work if you are not completely honest with yourself.
It's one thing convincing investors to put up the money, it's a different issue entirely, when it comes to you truly believing you can do it.
If YOU have doubts, that will be seen in some way by the people you are asking to put up the money.
Until everything you could possibly imagine going wrong has been over come in your own head, you should sit tight and think things through thoroughly.
If your investors come up with a potential scenario, which you have no answers for, then no chance.
Another thing to think about, if you were the investor, would you put your money up?
Hope this helps with your decision proccess. xx
Thanks so much for the words of wisdom. After some serious soul searching and deap breaths i have decided that i will take a chance and go for it. HOLD THUMBS.