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Entrepreneurs play an important role in society. They identify and exploit opportunities to provide goods and services that were previously unavailable, or in limited supply. In order to launch a successful business, it is essential to plan well, stay motivated and execute to perfection.

There is no specific set of skills required to become an entrepreneur. These can be learned and developed over time. For that, it is imperative that you and your business venture survive for long enough. A startup does not have many resources and in its initial days; its biggest resource is the entrepreneur himself. Consider the following points to evaluate your entrepreneurial readiness and examine if you are up for the journey: