Why do you want to take over a company? Do you have the qualities of an entrepreneur? Of a manager?
As a first step, clarify the reasons that motivate your choice to become an entrepreneur.
Answer the questionnaire below. Note that there are no right answers or magic numbers that would indicate readiness or ability. What is important in this exercise is the time you take to think about each question. It is about clearly understanding what is motivating you in this venture.
It is not enough to simply ask yourself what makes you want to be an entrepreneur. You should also question your aptitude for entrepreneurship. Do you have previous experience? Will you have the patience necessary to succeed? Will you know how to be a good leader? Of course there are qualities that might develop with time and experience. It is also possible that you are going into this with partners. The important thing is to know one’s strengths and weaknesses.
Before moving forward, take into account your current situation – professional and familial – and evaluate the risks that this life and career change represents for you. For example, the consequences on your financial situation should be seriously considered.
Finally, you should have an aptitude for management. What do you know about management? Do you already have some experience? If your knowledge and previous experience are very limited, will you have the patience to devote the necessary time to overcome this shortfall before going into the venture?