Is there a right time to start business?

[Moseschidera]

Of course yes, you need to be financially and mentally ready before starting a business. Having some savings to cover your personal living expenses for at least 6 months to a year is important so you're not dependent on the business income right away which takes time to build up. You also want to be in the right state of mind where you're fully committed to the work it takes to get a business off the ground through the challenges of the early days. It's not easy but making sure you have a financial cushion and are mentally prepared will help you stay motivated on the long days and push through difficulties when they arise which they inevitably will.

 

[Starmix]

There is a right time to do business and that time you're already prepared to face challenges and risks. You already have acquired skills on how to create plans and apply them realistically.

 

[eLdavis]

The right time to start the business is when you have all the necessary resources needed for the business startup and you are ready to startup. In a situation where you have all the resources but you are still waiting for a perfect time, there is no perfect time in this aspect.