Owning your own business is one of the best ways for creating wealth. But first, there are a few steps that you need to consider before launching your idea.

The first step is to do some critical thinking about entrepreneurship.

1. What would be the best thing about owning your own business?

2. What would be the worst?

3. Would you rather be an employee or an entrepreneur? Why?

4. Do you think the number of business owned by people of color and women are increasing?

Write these questions and answer them honestly. You may find that your really don’t want to start a business at all. However, if your dreams, goals and passions have been stirred by these questions, then becoming a business own may be for you!

Stay tuned for part two!