Small Business Questions from a Reader
A reader of Small Biz Bee, Josef, recently asked me a very good question.
“I think a pretty interesting topic with rather limited coverage is how to decide whether an idea is worth starting a business. How to decide it’s worth quitting a safe, well paid day job? Should the idea be revolutionary? Or at least novel? Or it may be rather ordinary, just betting on good execution? Should I start only once I have a detailed business plan with detailed market research, or is that just a perfection paralysis and I should rely more on gut feelings? What are the signs it could go well or all wrong? Starting a new business may well be the most important decision in people’s life so no wonder it’s surrounded by endless questions and any guidance is highly appreciated.”
No doubt Josef is dealing with the myriad of questions that anyone thinking of starting a business goes through. And I agree, there is limited “real world” advice on the subject.
So, instead of answering all of Josef’s questions via email I’m going to answer them all right here in a four part series beginning tomorrow.
What We’ll Cover
- How to decide it’s worth quitting the safe, well paid day job to start a business
- Is your business idea “good enough”?
- Overcoming perfection paralysis
- Following the signs – early signs that your venture could go well, or all wrong.
Stay Tuned
That’s what we have on the docket in the next few days. I invite all of you to stop back by and check out the articles, and please lend your own expertise and opions to the subject in the comments of each.
Want Your Question Answered?
Do you have a business question you’d like answered “on air” here at Small Biz Bee? Drop us a line, we’d love to hear from you.
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