If you are thinking about starting a business, you may questions - like whether or not you need a business degree. Learn the answers to these questions here.
2. Do I Have Enough Money?
• Many startups begin with a bootstrap budget.
• You don’t need to have investors lined up to start.
• You can seek more money as you grow.
3. Do I Need to Quit My Job?
• Eventually, if your venture becomes
successful, but many businesses
started out as hobbies on the side.
• Concentrate on having a business plan
that allows you to eventually quit your
regular job instead if stability is a
concern.
4. Do I Need a Business Degree?
• It’s not a requirement, but a business
degree can help you learn the basics
of entrepreneurship, management
strategies, accounting, and more.
• There are online business degrees
available for those who need more
flexibility.
5. Do I Need to Hire People?
• This will depend on the size of
your business and your
immediate goals.
• If you cannot afford to hire
anyone but need help, you
may be able to hire interns to
fill an immediate need.
6. Will I Be a Good Entrepreneur?
• Do you have a passion about your
product or service and believe there is
a market for it?
• Are you willing to work hard and make
the necessary sacrifices?
• Are you organized and have a
business plan in place?
• If you answered yes to all of these
questions, you may have it in you to
be an entrepreneur.
