Dreaming ‘big’ may not be a bad idea, however we need to be realistic about what we are capable of. We must admit that we may have limitations. It’s important not to set ourselves up to be disappointed if we are not being logical about our budget, skills, available time, etc.

It’s better if you have a plan that does not include using credit in any major way to start a business. Not just because you are paying interest on that money making it more expensive than it may appear to be; but because you have to pay the bill each month which continues to create a deficit in your operating budget. This can add up and we can quickly lose control. Even with the best intentions of paying the full balance each month it can become impossible.

Do the math. Consider your income, versus the expenses to live. If there is anything left, that would be w