Should You Go Into Business For Yourself?

The illustration above is based on one that appeared in a U.S. government publication. Its purpose was to help people who were thinking of starting their own business.

Study the illustration. Be able to explain the meaning of each of the three parts of the illustration.

Part 1 - Blog Response - In your response you need to answer the following questions:

1.  What does your background have to do with your selection of a business to start?
2.  Why are the following factors included under a person's background: (a) education, (b) experience, and (c) hobbies?
3.  Why should other people affect a person's choice of business?
4.  What is meant by "opportunities for business growth"? How should this factor influence a person's choice of business?
5.  Based on the illustration, if you were going to start your own business what kind of business would your start and why? Be sure to refer to the illustration in your response.

Part 2 - Classmate Response - Respond to one (1) classmates' response.