We see lots of successful businessman and woman and could probably name a few right now in our minds. But, here's the deal. Starting a business can make you lots of money but it can also cause you lots of troubles if not managed properly. So how do we balance between making money and not losing everything? Here are a few factors to consider before starting a business.
1. Risk is a must in business but don't risk everything
Everyone starts a business with a great idea. Or maybe you thought it was a great idea but who cares? How well your idea or product will sell in the market will never be known until the day you really sell it out. On this basis alone, it'll probably be wise not to put in your money saved for your kids education for a business, not to put in money saved ......