Are you ready to embark on the exciting journey of starting your own business? Before diving into the process of setting up a legal entity, obtaining business licenses, signing leases, and securing loans, it's crucial to conduct a thorough self-assessment. Consider your strengths and weaknesses, your ability to take risks, problem-solving skills, independence, persuasion, negotiation skills, and the support you have from others. Also, evaluate your financial readiness to invest the requisite time, money, and effort into this venture without a steady income source.