Don’t start a business until you read this!!

Everyone wants to be a entrepreneur but only few qualify to be a real entrepreneur. These are 5 warning signs which show you may not be ready to start a business.

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1.Don’t start a business if you have no money:

It takes time for business to mature and to generate profit. Don’t expect to start a business and starting generating profits in a month or two. It doesn’t happen. Most business owners don’t make profit until many years into their business. Business takes time and efforts to grow.

2.Don’t start a business if you don’t understand the industry: 

Always answer questions like what qualifies you to be in this space of starting a business? In order to make money in any industry, you have to understand the industry, thoroughly learn the industry.

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3.Don’t start a business if you don’t have stamina:

Stamina here means mental toughness to endure pain. Every successful entrepreneur would have experienced pain over a long period of time before they accomplish even a little bit of success.

4.Don’t start a business if you want more free time:

You might have free time after many years working in your business. When you are running your business there is no option of working 9 to 5. It is on your mind 24/7. You can’t take time off from your business mind.

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5.Don’t start a business if you know how to close:

You should master the art of closing if you want customers , want financing freedom. If you don’t have the ability to close anyone , anytime then you are not qualified to be in business.