Women these days have so many options to choose from. From standard looking 9-7 jobs, to
homemakers, every one of us dreams of being on our own, starting our own venture some time in
So many people are playing a gamble, leaving a cushy job, going ahead and taking the risk of their lives. Just like in bungee jumping, whatever goes down comes up, and the thrill of being on your own gives you that adrenaline rush those routine jobs, being a homemaker can never match up.
But to take that plunge, you should be able to answer some questions, for your own sake.
Ask these straight questions before taking the plunge
1) Why I am here– Are you taking a shot because you want to satisfy your creative side? Are
you in it for making money? Are you in it for the short term or long term? Explore the answers to
these questions, as they will determine whether the venture you are in is going to be fruitful
2) What do I want from this– Are you in it for business or pleasure? Are you looking for only
building lasting relationships? How soon do you want to start earning from your venture?
What is the earning potential? You must define the money aspect clearly before starting out.
3) How prepared I am to take in losses– As in any venture, you might gain some and might lose
some. Make sure you have an exit strategy and some kind of stop-loss arrangement where
you can back out if the losses start mounting. You must be deep-pocketed to sit back and let
the initial high capital outflow tide over you. The gains, as in any kind of business venture,
will take their own time and will depend on the type of business and its business cycle
4) Am I qualified enough– Are you sure of your knowledge and skill levels? Are you aware of
the latest developments in the field you are venturing in? Do you have the required skill set
to tackle competition? Are you able to take time out and further hone your skills needed for
5) Is the field too crowded– Agreed, all of us cannot be inventors, some of us may just strike a
chord with some profession and want to give it all that it takes. But if there are too many
players in the same field, you will end up undercutting prices or quality or compromising on
business ethics to beat each other. Take a bow and stay away from any such idea, too many
cooks always spoil the broth, so remember to be distinct and unique in whatever you chose
to do. Find your Unique Selling Proposition (USP) and be the game-changer.
6) Are there enough opportunities to grow and learn – Lastly and most importantly, can you
really grow as a person? You quit a plush job or the comfort of your home to make a mark
for yourself. So do you have enough like-minded fraternity around you to make sure you
grow and learn at the same time? Do you have a strong enough network that helps you in
learning, networking, making new friends, growing business and having fun at the same
Join QWEEN, and discover the world, at your own pace, at your own comfort, and discover
yourself. Receive the support you need to start your own business in Qween!