The most frequently asked question by corporate executives feeling the pressure to shift to entrepreneurship is: "We’re in a recession. Is now a good time to start a business or is it too risky?"
The answer is “No Time Is A Good Time … and … Right Now Is A Good Time.”
No time is a good time! Recession or no recession is not the factor that will determine your success or failure. You must be prepared to:
Right now is a good time! The key is to:
It could take longer than you anticipate.
Successful entrepreneurs are visionary, passionate, confident, persistent. Becoming an entrepreneur starts with inspiration and takes a level of courage that you can’t grasp until you do it.
It is a process of reinventing yourself, it takes personal work, it takes time, and it takes staying the course. It never turns out the way you imagine at the outset.
And it will most likely take longer than you anticipate. Very few people make the transition successfully in less than three years.
Necessity or Opportunity? How much time do you have?
The question is "Will you wait until you end up becoming a ‘necessity entrepreneur’ or will you position yourself now and become an ‘opportunity entrepreneur’?
In the next post we’ll look at "How do you get started now?"