Business should be started based on experience.

[btaliat]

Business is the most difficult adventure to start. It is a risk that no one knows the outcome. It is just practically unpredictable. There are many that have started the business and failed just because they don't put in charge some necessary steps to be done before the business kick-started.

Business should be started from experience if truly we want to succeed. Starting businesses because we have learnt it somewhere or read about it is not enough for a successful business.

You just have been involved in such a business at least for some years directly or indirectly before you can boast of your success.

 

[Etini]

I would not agree entirely that businesses should be started based on experience but I would say that businesses should be stated based on knowledge. When you are waiting to be experienced to start a particular line of business, it would take you years and maybe by that time, market is already saturated. Gather as much knowledge as you can and ensure that you start your business at a small scale. You gain experience as you keep running the business.