Comments on: 5 Questions To Ask Yourself Before Becoming An Entrepreneur http://briankurth.wordpress.com/2009/08/20/5-questions-to-ask-yourself-before-becoming-an-entrepreneur/ Brian Kurth - Career Expert, Author, Speaker & Founder of VocationVacations Sun, 04 Jul 2010 16:41:24 +0000 hourly 1 http://wordpress.com/ By: Retirement Scenarios » 5 Questions To Ask Yourself Before Becoming An Entrepreneur http://briankurth.wordpress.com/2009/08/20/5-questions-to-ask-yourself-before-becoming-an-entrepreneur/#comment-557 Retirement Scenarios » 5 Questions To Ask Yourself Before Becoming An Entrepreneur Wed, 02 Dec 2009 17:00:33 +0000 http://blog.briankurth.com/?p=866#comment-557 [...] this article entitled, 5 Questions to Ask Yourself Before Becoming an Entrepreneur, author and founder of Vocation Vacations, Brian Kurth points out that, 'Entrepreneurialism [...] [...] this article entitled, 5 Questions to Ask Yourself Before Becoming an Entrepreneur, author and founder of Vocation Vacations, Brian Kurth points out that, 'Entrepreneurialism [...]

]]> By: Jane | Dubai Jobs http://briankurth.wordpress.com/2009/08/20/5-questions-to-ask-yourself-before-becoming-an-entrepreneur/#comment-532 Jane | Dubai Jobs Tue, 27 Oct 2009 08:10:23 +0000 http://blog.briankurth.com/?p=866#comment-532 One needs to practical as well as stay positive about ones career. We cant just dream of thing getting work out by itself. Things have 2 be worked out with smart thinking , working & analysing every pro & cons. One needs to practical as well as stay positive about ones career. We cant just dream of thing getting work out by itself. Things have 2 be worked out with smart thinking , working & analysing every pro & cons.

]]> By: Chris Madden http://briankurth.wordpress.com/2009/08/20/5-questions-to-ask-yourself-before-becoming-an-entrepreneur/#comment-497 Chris Madden Sat, 22 Aug 2009 17:26:21 +0000 http://blog.briankurth.com/?p=866#comment-497 Hey Brian, Good post. As an enterpreneur, your questions resonated with me. As part of question / point #5 "Is my business my child?", I would add that alongside your points about the parallel's of the growth and development of a business and child, your business should "look like you" as a biological child would. If you hate the ocean and / or have no experience with it, you should not start a marine biology business. This might seem obvious, but I learned this lesson the hard way by chasing commercial opportunities that seemed to have potential to bring in early cash flow. I thought "we'll get this up and running, get some cash in the door, then hand it off to someone else". That's like having a newbron child and thinking "I'll just instill the proper values in year 1, put the baby up for adoption, and maybe visit it on the weekends now and then". It doesn't work that way. I'm now transitioning, focused on developing business models that are based on things that I love doing anyway. (These are also the things that I know the most about, duh.) That way, I'll get through the inevitable obstacles a bit easier and create a business that I love and that has staying power. At least that's the plan... Thanks, Chris Hey Brian,

Good post. As an enterpreneur, your questions resonated with me. As part of question / point #5 “Is my business my child?”, I would add that alongside your points about the parallel’s of the growth and development of a business and child, your business should “look like you” as a biological child would.

If you hate the ocean and / or have no experience with it, you should not start a marine biology business. This might seem obvious, but I learned this lesson the hard way by chasing commercial opportunities that seemed to have potential to bring in early cash flow. I thought “we’ll get this up and running, get some cash in the door, then hand it off to someone else”. That’s like having a newbron child and thinking “I’ll just instill the proper values in year 1, put the baby up for adoption, and maybe visit it on the weekends now and then”. It doesn’t work that way.

I’m now transitioning, focused on developing business models that are based on things that I love doing anyway. (These are also the things that I know the most about, duh.) That way, I’ll get through the inevitable obstacles a bit easier and create a business that I love and that has staying power. At least that’s the plan…

Thanks,
Chris

]]> By: Brian Kurth http://briankurth.wordpress.com/2009/08/20/5-questions-to-ask-yourself-before-becoming-an-entrepreneur/#comment-496 Brian Kurth Fri, 21 Aug 2009 15:26:44 +0000 http://blog.briankurth.com/?p=866#comment-496 GREAT advice, Andy. Going p-t is absolutely a wise route to test the waters. Thanks for sharing.....let those bruises heal...and move ONWARD! Cheers, Brian GREAT advice, Andy. Going p-t is absolutely a wise route to test the waters.

Thanks for sharing…..let those bruises heal…and move ONWARD!

Cheers,
Brian

]]> By: Andrew Meyer http://briankurth.wordpress.com/2009/08/20/5-questions-to-ask-yourself-before-becoming-an-entrepreneur/#comment-495 Andrew Meyer Fri, 21 Aug 2009 02:53:03 +0000 http://blog.briankurth.com/?p=866#comment-495 Brian, great post. I would add another question, "Can those around you can handle you're having to live on Raman Noodles?" If one has a family to support or high fixed living expenses, becoming an entrepreneur is probably too risky. One of my favorite suggestions to friends bitten by the bug, is that they start something as a hobby. Open a web eCommerce site or a store on the side. The great thing about a hobby, it doesn't have to throw off enough cash to let you live. If it loses money, provided it stays within your budget, that's fine. You don't have to pay the rent with it. The bad thing about becoming an entrepreneur, is that you have to make enough money to live. If that means doing things you don't like doing, swallow the frog and start doing them. And you don't start doing those things until you get slapped REALLY hard. My plea to all wanna-be entrepreneurs, first do it as a hobby. When it starts throwing off enough money to allow you to live, then turn in your letter of resignation. Much easier, much more fulfilling and much less painful. Andy, the badly bruised entrepreneur. Brian,

great post. I would add another question, “Can those around you can handle you’re having to live on Raman Noodles?” If one has a family to support or high fixed living expenses, becoming an entrepreneur is probably too risky.

One of my favorite suggestions to friends bitten by the bug, is that they start something as a hobby. Open a web eCommerce site or a store on the side. The great thing about a hobby, it doesn’t have to throw off enough cash to let you live. If it loses money, provided it stays within your budget, that’s fine. You don’t have to pay the rent with it.

The bad thing about becoming an entrepreneur, is that you have to make enough money to live. If that means doing things you don’t like doing, swallow the frog and start doing them. And you don’t start doing those things until you get slapped REALLY hard.

My plea to all wanna-be entrepreneurs, first do it as a hobby. When it starts throwing off enough money to allow you to live, then turn in your letter of resignation. Much easier, much more fulfilling and much less painful.

Andy, the badly bruised entrepreneur.

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