
No, we won’t begin with “Do you have a master’s degree?” Although education does matter, higher education is not a requirement for starting or succeeding in a new business. In fact, according to a 1992 United States Census Bureau report, only 5.3 percent of business owners have a Master’s degree or higher education. 9.4 percent had less than a high school education; some only up to the eighth grade. Oddly enough, only 17 percent had any business education. The founder of Dell Computers was a college dropout. Starting out of his garage, he managed to excel above all of the world’s top computer manufacturers. One in three computers sold today is a Dell.
What you will need, is more commonly known as “street smarts” and common sense. In addition, you will need to have certain individual qualities, or personality traits. Most individuals who are successful in business and in “life” possess these traits. Take the quiz and see how many of the following questions you can answer with a confident “yes.”
1. Do I have energy, and am I in good health?
2. Am I a self-starter?
3. Do I have a willingness to work hard?
4. Am I a good organizer?
5. Am I able to make decisions?
6. Am I able to make plans and follow through?
7. Am I able to inspire and direct others?
8. Am I honest (and be honest!)?
9. Do I regularly balance my checkbook and avoid debt?
10. Am I a jack of all trades and a master at one???
If you can honestly answer all the above questions with a “yes,” you may be the type of individual who is well qualified to operate a successful business. But before you close the deal, be sure you have educated yourself in the field you’ve chosen. Research and learn the process necessary to start and operate your own successful business. Read good books relating to your type of business and get the education you need to be successful.
If you’re unsure of your response to any of the ten questions listed above, it’s possible that if you attempt starting a business, you may fall into the ninety percent of new businesses which fail in their first year. The statistics can be startling, but they are a reality. You may want to re-consider your business idea.
Are You Ready to Be Your Own Boss? is available through http://www.booksbydenbow.weebly.com
About the Author:In 2002, Carol Denbow sat down and wrote the introduction to her first book. Two years later, "Are You Ready to Be Your Own Boss?" was in print fulfilling the need for new business owners to achieve success.
Carol is a successful retired business owner, mom of two awesome kid’s, and since 2002 has authored two additional non-fiction books including, “A Book Inside, Writing, Publishing, and Selling your Story” (2008)
Please visit Carol's Website
Got a Question? Ask.
Ask the community a question about this article:
Frequently Asked Questions
How to start a business selling corndogs at flee ...
By: pineknut | 26-06-2008
How to start a business selling corndogs at flee markets under a canopy
What is SmartGreenUSA?
By: clm168 | 24-06-2008
What is SmartGreenUSA?
Licenseing information for bording care for adults
By: jeanette | 19-05-2008
I am starting a new home boarding care/sober living facility for adults can you please tell me the information for a contact number or website on getting licensed.
How to open an indoor play business.
By: terydany77 | 22-04-2008
Hi, Can anyone offer advise on how to open an indoor play/party place? What kind of permits do I need? This is my first time considering to open my own business and I have no idea where to start. i have only contacted an indoor playground supplier who is going to give me an estimate.
Buzz Bites Energy Vending Business Opportunity - has anyone one had this bad?
By: Rippedoff | 02-04-2008
Excel help!!
By: ALizarraga | 17-03-2008
Hi ! I have a question about the NEW excel its driving me nuts!!! In the older versions of Excel I could Make a Title for my spreadsheet and press Enter if the title was too long so that the title would follow below the top portion. Now with the New excel Its become So hard!! someon PLEASE HELP! i need to do this so i can print out spreadsheets on a single page! Thanks!
Q&A Powered by:
Latest Business Ideas Articles
Full Tilt Rakeback- Get More Than Your Expectations
By: Article Manager | 25/07/2008
Full tilt Rakeback offer is to be considered one of the most popular Rakeback offers. You will receive up to 27% Rakeback with this offer. You will also sign up 100% bonus up to $600. It is one of the biggest poker rooms over net. Full tilt Rakeback is certified by some of the biggest names in poker and also offers some of the best players reward anywhere.
Rakeback Offers: Collect More Dollars
By: Article Manager | 25/07/2008
There are various types of Rakeback offers provided by the poker room like poker heaven, sun poker, absolute poker, celeb poker, pacific poker, betsafe poker, ultimate Bet poker, unadvertised Rakeback, full tilt poker, cake poker, and betfair poker. Rakeback offer is a completely worry free plan.
U.s. House Approves Wide-ranging Housing Rescue Bill
By: jackyluo | 25/07/2008
The U.S. House of Representative Wednesday approved a wide-ranging housing rescue bill that will offer up to 300 billion dollars in assistance to troubled mortgage giants and homeowners.
Textile Exporters and Industrialists Go on Strike Today
By: utut1 | 24/07/2008
From:http://www.appareltextile-china.com/
Tag:Industrialists and textile exporters,material,of export goods,the chain of production
5 Simple Tips to Have More Media-love
By: Kirsty Dunphey | 24/07/2008
To follow are 5 simple tips to get more loved up with the media.
Part Time Business
By: Robert Waugh | 24/07/2008
This article is designed to give you an overview of the benefits of a part time home business, be it for an extra stream of income or to replace your present job. This article will assist you in your search for more money, more time freedom and the way to living a better, happier, stress free life.
Set Your Goals in Writing & Allow Other People to Help You Achieve Them
By: Larry Easto | 24/07/2008
The most successful people not only set goals, they set them in writing. They also allow other people to help them achieve their goals.
How to Get Out of Debt Now and Kick Ass!!!!!
By: christopher william | 24/07/2008
If you're deeply in debt like I was and want to get rich someday,then you need a very strong dose financial advise,education and upliftment.To become rich, I recommend investing in your financial education and begin now.How much do you earn now?How can you start up a steady cash flow that will help you in starting up a good financial education and practice fully what you are learning?The answer is not far fetched.It simply by leveraging on whatever you are earning.