Tuesday, 13 September 2011

Replacing common myths by effective truths
(Part 8 of 9)


[4] Postponement should make way for entrepreneurship: Imagine that you practise a beloved hobby that you would like to turn into a source of income.

Unfortunately, everybody is telling you that you should not take risks at your age. You hear that your best chance of success is to stay put in your job until retirement age.

The effective truth is that it takes a long time to establish any sort of business. The sooner you start your entrepreneurial career, the better off you will be in the long term.

Postponement does not reduce risk. A sensible approach would be to start up your business on the side, devoting your evenings and weekends to it.

To be continued in the next post.

[Text: http://johnvespasian.blogspot.com]

[Image by Cyron under Creative Commons Attribution License. See the license terms under http://creativecommons.org/licenses/by/3.0/us]

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