How to Identify Your Reasons for Starting a Business

You'll need to address a number of issues when testing the feasibility of your business idea and determining if you have the moxie to be a business owner.  One important step will be to identify your reasons for going into business.  As part of that self-assessment, ask yourself why you want to own your own business.  Are you looking:

• for freedom from a 9-5 daily work routine?
• to be your own boss?
• to do what you want, when you want?
• to improve your standard of living?
• to escape the boredom of your current job?
• to bring a product or service to market that you feel is in demand?

Of course, none of these reasons are wrong.  Some may not apply to you; some may be better than others.  Just remember that whatever your reason, there will be trade-offs.  For instance, while you may escape the  9-5 rountine, will be you need to work nights, weekends, etc.?  (I don't know too many business owners who don't.)

So, I'd like to hear from you.  What reasons do you have for starting your own business?