Before you quit your job or print business cards, it is wise to take stock of personal considerations. Ask yourself:

  • Do I have what it takes to be an entrepreneur?
  • Am I a risk-taker?
  • Do I have a grasp of basic financial and marketing principles?
  • Am I resourceful and organized?
  • Can I support myself and/or my family financially during the early stages of the venture when cash may be short?
  • Will my family and friends be supportive during the start-up process?
  • Am I knowledgeable and experienced enough in my chosen field?

If the answer to any of these questions is “no,” you may want to focus on some form of self-improvement before proceeding. If most of your answers are ‘yes,’ then it is time to become a realist! Get as much information as you can on the feasibility of your idea and on the real experience of starting and managing any business. You can do this by:

  • accessing business publications and data from your local library
  • taking seminars and workshops
  • speaking with or reading the Web sites of trade or professional groups that represent your chosen industry
  • consulting with people who are already in the same or similar line of business (avoid those who may perceive you as a potential competitor)
  • seeking advice from professional counselors like those at the Idaho SBDC

Also, take the time to review the Business Start-up section of this Website and read through the information on  opens in a new windowIdaho Small Business Solutions Web site, then contact your nearest SCORE Chapter or Idaho SBDC office to arrange for a free consulting session.

Our Host Universities & Affiliates
Logo for Boise State University
Logo for Lewis-Clark State College
Logo for Idaho State University
Logo for North Idaho College
Logo for College of Southern Idaho
Logo for SBA
Logo for America's SBDC