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No it is not. Many successful individuals have been self made. However, you should be aware that over 70% of the businesses that start today will fail within the first five years. That doesn't mean they will last that long, but they will fail within that time frame. Thus, you need to prepare first. You should find a mentor or coach with experience who can help you develop a road-map leading to success. Look at the major reasons why businesses fail so you do not follow suit.

In one study that researched over 1000 failed businesses - and forgive me I can't remember which one - here were the major contributors found as to why businesses fail. * No written plan * Never sought help - no mentor or coach * Never took a business course. * Under capitalization In today's theater, there are so many recourses available to help prospective entrepreneurs. For example, there are organizations such as the Small Business Association (SBA), and the Senior Citizen Organization of Retired Executives (SCORE), that are there to help people get into business and stay in business. However, they never availed themselves of the opportunity. Now there are many other reasons why businesses fail to include, not enough start-up capital, product selection, logistics plus many internal and external driving forces too many to list here. Still, search for the help before you move.

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