It requires a grand total of about three seconds to conceive a “business idea” and $100 to found a company (the cost to file in Oregon). The fundamental problem with such ease of entry is that one must now effectively run said business, lest they become a statistic – like this: half of new businesses won’t survive five years. It may be simple to start a business, but it only gets harder from there. While I am a persistent advocate for entrepreneurial endeavors, I must admit I get rather tired of watching random doe-eyed people start things they are grossly ill-prepared to finish. If you are inherently unwilling to conduct honest research, build relevant expertise, plan thoroughly, execute with discipline, and adapt to obstacles, you might as well quit your day job, wrap yourself in bacon, and slap-fight an angry grizzly bear. After all, you can do that without spending the hundred bucks.
We all think about business a lot. Sometimes, late at night, we even write a few things down...