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When is the right time
to start your business?
-By Rajul Garg, Founder, Sunstone Business School
Ex- Founder GlobalLogic
“If you wait for the right time or the good
times to start a business, You wait all your
life.
~ Famous Quote
So forget about the right time rather focus on
these
 Right Idea
 Right Team
Commitment
Right Idea
Understand the space or Industry before the idea
• The space that you operate in is more important than the
idea itself. Ideas evolve nearly every time.
• Execution tops ideas and you can really only learn once you
get in and start executing.
the space that space that
Right Team
Someone who can work with you on the idea
• The re-enforcement that co-founders can provide to each
other in early years is super-useful
Commitment
It’s a mind thing
• Sometimes takes a long time for you to start seeing
success in business and the reality is also that sometimes
entrepreneurs go back after some time.
• You have to convince yourself you are going to keep at it
till you succeed.
Remember
• Pick a risk level that works for you. Maybe your risk
appetite can increase over time.
Read more at
http://knowledge.sunstone.in/the-right-time-to-move-to-
entrepreneurship/

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When is the Right Time to Start Your Business? Key Factors to Consider

  • 1. When is the right time to start your business? -By Rajul Garg, Founder, Sunstone Business School Ex- Founder GlobalLogic
  • 2. “If you wait for the right time or the good times to start a business, You wait all your life. ~ Famous Quote
  • 3. So forget about the right time rather focus on these  Right Idea  Right Team Commitment
  • 5. Understand the space or Industry before the idea • The space that you operate in is more important than the idea itself. Ideas evolve nearly every time. • Execution tops ideas and you can really only learn once you get in and start executing. the space that space that
  • 7. Someone who can work with you on the idea • The re-enforcement that co-founders can provide to each other in early years is super-useful
  • 9. It’s a mind thing • Sometimes takes a long time for you to start seeing success in business and the reality is also that sometimes entrepreneurs go back after some time. • You have to convince yourself you are going to keep at it till you succeed.
  • 10. Remember • Pick a risk level that works for you. Maybe your risk appetite can increase over time.