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business
YashTop Contributor
Content Writer
Asked a question last year

How do I determine whether I am capable of starting a business?

Where am I?

In StartupTalky you can ask and answer questions and share your experience with others!

Small business owners have many things in common. Below are some of the qualities you will need to be successful.

  • Willingness to sacrifice—If you enjoy working the nine to five, do not go into business for yourself. Entrepreneurship often requires many more hours beyond the forty-hour work week.
  • Interpersonal skills—You will be required to interact with a host of people other than customers, such as lawyers, employees, and salespeople. If you do not like talking to people you do not know, it might be better to keep your day job.
  • Leadership ability—You will be the one everyone turns to for the answers. 
  • Optimism—Being able to hang in there when business gets tough is an important quality in small business owners.