This is the question you should ask yourself when you think of starting your own buisness. First, the Entrepreneur needs to decide what dream they are chasing? Is this only a burning desire, ambition or money?
The first thing is to set strong intention and ambition. Sometimes people set up the business without ambition and goals. They do not have any idea about the purpose of the business setup. They even set up the wrong expectations from the start-up. This kind of business easily fails.
This should be stick to your mind that for long-run benefits, you need to struggle a lot for the first few years. You have to face fresh challenges every day and you need to set a strong mindset to face them. People might discourage you, but you need to be strong and determined to achieve your ambition. Remember it’s human nature to be jealous of the success of other people.
Then you have to work on the market research and strategies with the right intention and goal. You need to sacrifice your expectations, sleep, time, luxury and social life for the first few years. You need to be ready for accepting these initial sacrifices to help you reach the goal and make you a successful business personality in the future.
Do you agree?