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51kw1KB9LFL (Entrepreneurial Risks (Financial Risks (Plan (I plan to enter…

- - - - By furthering my education I am making sure I am prepared to start my own venture.
      - With a family business, I am prepared to assign specifics jobs to people so no one feels like they are being given too much.
      - Building a business with a family member with technical skills allows me to ask questions and learn parts of the business I wouldn't know from my education alone.
  - - - I plan to enter the workforce to gain more knowledge on running a business first hand.
      - I plan to build up my savings while working so I don't build debt from the start.
      - I plan to scan the market before making major business decisions so I can be prepared for different outcomes.
    - - Starting a business successfully can give me the financial security I desire.
      - Pursuing my goals will teach my children the value of hard work.
      - I will gain personal fulfillment from following through with my startup which will make me feel productive and accomplished.
    - - Risking my finances to begin my startup could result in too much debt to get out of if I don't approach it correctly.
      - I could risk losing my vision if I do not succeed with my first attempt.
      - Beginning my own venture means looking at decisions from a logical aspect and not letting my instincts cloud my judgement.