Questions to Ask Yourself before Starting a Business

by Ms. Sara Liu

Senior Consultant, Atelligent Global Consulting

Questions to Ask Yourself before Starting a Business

In recent years, governments, schools and enterprises all address the importance of innovation and start-up of new business. Suddenly, it seems as though everyone wants to start their own business simply with a good idea and enough funding.

However, According to Bloomberg, 8 out of 10 entrepreneurs who start businesses fail within the first 18 months. Most people understand that running a business requires business know-how, but most successful business owners also possess some additional skills and qualities that help make running a business easier.

Before you decide to start a business, you might want to think about the qualities you possess, what makes you sustain and how that might help you be a more successful business owner in the long term. But before you make that big decision, this short talk will lead you to go through some critical questions that you should ask yourself first to avoid the very high possibility of business failure in the future. < back >