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4. Are you a “water-cooler person” at heart? When you become a business owner, your days of taking a long lunch or chatting with guys around water cooler are over. Can you make transition from “worker bee” to boss? It can be lonely.
On your own, you’ll be making countless decisions every day -- from mundane to critical. And, you alone must shoulder daily ups and downs that come with running a business. However, it can also have tremendous rewards in that you are building something from scratch. So, if you believe you can weather isolation and roll with punches, you might be a good candidate for owning your own business.
5. Can you create an organized environment? Where you work is certainly important. You’ll need an acceptable work space and right office tools in order to be creative and successful. Even more important, however, is how you work.
For example, you can have an incredible sales presentation with latest technology that will wow clients, but if you’re constantly late for meetings and lose important documents, you’ll probably also lose business. Ask yourself if you can flourish in an environment where creativity and operational systems are equally important? Many entrepreneurs make mistake of thinking company will simply “run itself” if they just come up with great ideas and business leads. They pay scant attention to details of building a business. Too often this is a recipe for failure.
To be a success, you must combine your fantastic ideas and business tools with solid planning and organization.
Success for any new business is never guaranteed. There are too many variables, and many factors will be totally out of your control. But you can avoid making a costly mistake by asking yourself, honestly -- before you take plunge: Do I have what it takes to run a business? The answer should tell you if new “American Dream” is right fit for you.
Nancy Wurtzel is the founder and owner of All About Baby, an ecommerce site located at http://www.allbaby.com. All About Baby specializes in personalized and memorable gifts for children as well as interesting and helpful child-related site content. Ms. Wurtzel has over 20 years of marketing and communications experience. She consults with small businesses seeking to enter the marketplace or grow their existing ecommerce business