Readiness & Constraints

Entrepreneurship is a roller coaster. You need to assess two types of risk: Financial and Status.

• Status Risk: If your startup fails and you are on a self-sponsored visa, you have 60 days to find a new job or leave the country. Do you have a Plan B employer who would hire you?
• Willingness vs. Ability: You might be willing to take the risk, but do you have the ability? If you have $50,000 in student loans and no savings, your ability is low.
• The Founder's Test: Ask yourself: "If this business earns zero dollars for the next 12 months, will I still be okay?" If the answer is no, you aren't ready to go full-time.