Somewhere between Your Vision and your Presentation you need to ask yourself : “Can I pull this off?” How much of this bright idea of mine can I do by myself? Where will I need help?
This is called: Personal Assessment.
In fact, you know that you’ll need help. The better question is where and when. What is your “history?” Can you stick with the details? Where do you get bogged down?
A business can be rewarding beyond measure, but it also requires a terrific amount of attention and understanding. What skills do you bring to the enterprise? The following list of questions is a starting
Point in determining what you can do and what you will need help doing. Ask yourself: “Am I good at the following?” Circle Yes or No.
• Entrepreneurship? Yes No
• Business Planning? Yes No
• Business Management? Yes No
• Business Marketing? Yes No
• Cash-Flow Management? Yes No
• Legal Issues? Yes No
• Accounting? Yes No
• Directing Employees? Yes No
Finally, but perhaps the most important question: how will this affect my life, marriage and family, significant relationships? (These two questions should have been asked before now, but if not, ask: “Who am I? Why am I doing this—why do I NEED to do this? Is that three questions?).
The answer is not as important as the question. If you don’t stop and ask the correct questions, you will face failure quickly. Asking these questions allows you to make a candid appraisal of your circumstances. The answers merely point you in the proper direction.