My general feeling toward entrepreneurship is that there is never going to be the PERFECT time to start your own company.
When you are young, there is going to be a reason or reasons that urge you to wait a few more years to start a business. At some point, this reasoning will turn into, “Well if I was ever going to try it, the perfect time would have been a few years ago.”
No one knows what the perfect time IS, they only know what the perfect time WAS.
The point is that if you give it a shot when you are young and you fail, there is always more time to try again. However, once you realize that the perfect time was a few years ago, then you have missed your opportunity.
This doesn’t mean that it is best for every entrepreneur to start a business right out of school, just that you need to be aware that at some point you are going to have to take a chance.
Some people in the world choose to waive risks and live a secure life, which is a fine decision. However, I’m assuming that people on this site are entrepreneurs at heart and look forward to being their own boss one day and growing a business that they created.
The truth is, it is never going to seem like the perfect time to start a company and that is why it is important to stay focused on the pro’s of starting a business and not let the thought of failure and other deterrents shape your decisions. You don’t have time to worry about the risks of failure.
As stated by Richard Branson in the November edition of Entrepreneurs Magazine, “There are moments when things have gone wrong in adventures where I’ve certainly been scared. But equally, I’ve realized that just like in business, I have to stay completely focused. I haven’t got the time or the energy to spend getting scared.”





Great comments.
I completely agree with your assesment – One day every entrepreneur will have to take a chance…thats part of the fun and the challenge