When is the right time to
start your business?
-By Rajul Garg, Founder, Sunstone Business School Ex- Founder GlobalLogic
“If you wait for the right time or the good times to start a business, You wait all your life. ~ Famous Quote
So forget about the right time rather focus on these
Right Idea Right TeamCommitment
Right Idea
Understand the space or Industry before the idea
• The space that you operate in is more important than the idea itself. Ideas evolve nearly every time.• Execution tops ideas and you can really only learn
once you get in and start executing. the space that space that
Right Team
Someone who can work with you on the idea
• The re-enforcement that co-founders can provide to each other in early years is super-useful
Commitment
It’s a mind thing
• Sometimes takes a long time for you to start seeing success in business and the reality is also that sometimes entrepreneurs go back after some time.• You have to convince yourself you are going to
keep at it till you succeed.
Remember
• Pick a risk level that works for you. Maybe your risk appetite can increase over time.
Read more at
http://knowledge.sunstone.in/the-right-time-to-move-to-entrepreneurship/