#62: Before You Start This Business, Ask Yourself These Essential Questions
Episode Overview
Starting a business is exciting—but is it the right move for you? In this episode, Melissa Manning, serial entrepreneur and founder of Audacious Founder, shares the three essential questions every entrepreneur must ask before committing to a new venture. From evaluating risks to ensuring alignment with long-term goals, this episode will help you make smarter, more strategic business decisions.
Key Takeaways
- The true cost of starting a business (it’s not just money!)
- How to determine if an idea aligns with your long-term goals
- The reality of acquiring resources and support for success
Actionable Insights
- Assess the trade-offs and sacrifices before starting a business
- Avoid getting distracted by shiny ideas—focus on your ultimate vision
- Get clear on whether you have (or can get) the resources to make your business thrive
Resources Mentioned
- Audacious Founder Community – Connect with like-minded entrepreneurs
- Coaching & Strategy Sessions – Get expert guidance for your business
- Previous Episode: Avoiding Entrepreneurial Distractions
Episode Highlights
[00:38] – Melissa’s personal struggle with chasing new business ideas
[04:15] – The real cost of starting a business (beyond money)
[08:30] – How to align business ideas with your long-term goals
[13:50] – The importance of realistic resource planning
[18:10] – Why coaching can save you time, money, and stress
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