I live in Singapore and suddenly everyone's ambition is to become an entrepreneur. Schools are preparing us for it. The government is pushing for it. Sooner or later, everyone on the street is going to be his or her own boss.
However, just how many business ideas can one churn out? And when you have an idea, how easy is it to get it going? I believe most of us dream of being his own boss. But has anyone gone about doing it? And is it easy to set up a business in your country?
ARE YOU YOUR OWN BOSS?
I live in Portugal andI think (correct me if I'm wrong my fellow citizens) that it's not only difficult but risky to start a business here.
First of all, right now we are passing through a time of crisis where the majority is lacking the power to buy. Life is getting harder and harder and the rich are getting richer and the "poor" getting poorer. Buying the "poor" the majority of the population, I think you understand where i'm trying to get to...
Secondly I think that if you are representing a multinational enterprise then I suspect that probably your business will be a success since you have a huge background making it possible
Finally there are the new small enterprises that take a huge risk venturing in the market and sometimes they don't even survive for a month (I know of real case where this happen, I'm not making up, I assure you). These enterprises only start to make some profit 3 years after being established and only if they survive so far.
It's also important to say that, since we are going through a crisis, our government does not waste any time or fund with small enterprises, only caring about the big one and the international investiments that are , somehow, going to be made in our country.
As a result of everything stated above i think i can say that in my country is not only hard but risky to start your own business, unless you have someone backing you up !!
Peel an orange, squeeze the juice into a cup, sell to your dog. Whoopie-doodle-doooo you have started your own business.