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Starting a Small Business: Are You Ready to Be Your Own Boss
Rating: 4.6 out of 5(16 ratings)
32 students

Starting a Small Business: Are You Ready to Be Your Own Boss

Find out if you are truly ready to start a small business and become your own boss.
Created byHenry Lopez
Last updated 3/2026
English

What you'll learn

  • Clarify your personal motivation and define why you want to start your own business.
  • Understand the myths and realities of business ownership before launching a business.
  • Assess whether you are truly ready, willing, and able to become your own boss.
  • Identify the key characteristics and mindset required to succeed as an entrepreneur.
  • Use the Business Ownership Readiness Scorecard to evaluate your readiness to start a business.
  • Identify the skills, resources, and preparation needed before launching your first business.
  • Determine the advisors, mentors, and support network you need to start your business successfully.
  • Create a clear action plan for your next steps toward starting a small business.

Course content

4 sections • 21 lectures • 2h 22m total length

  • 1.1 Course Introduction5:08

    • An introduction to this online self-paced course. 

    • An overview of the course learning objectives.

    • The course requirements.

    • An overview of the course content.

    • You are encourage to please ask questions at any time.

    • Bonus materials will be added over time to keep this course updated and relevant. 

  • 1.2 Instructor Introduction2:04

    In this lecture, Henry Lopez (your instructor for this course) will introduce himself and share some highlights from his background and experiences as an employee in the corporate world and an entrepreneur.

  • 1.3 Business Ownership Readiness Scorecard4:59

    An introduction to the Business Ownership Readiness Scorecard, you will use this tool throughout the course, and it will become your road map to launching your first small business.

    Please print this Scorecard (landscape format) before starting this lecture.

Requirements

  • No experience or special knowledge required before taking this course.
  • All you need is the willingness to learn, and the dedicated to complete this course.

Description

Thinking about starting a small business—but not sure if you're truly ready?

Many aspiring entrepreneurs jump straight into choosing a business idea or writing a business plan. But before you do that, there’s a more important question:

Are you actually ready to become a business owner?

Starting a business takes more than a great idea. It requires the right mindset, preparation, resources, and support system. This course will help you honestly evaluate your readiness to start a small business, so you can move forward with clarity and confidence instead of confusion and guesswork.

In this course, you’ll learn how to assess whether you are ready, willing, and able to become your own boss. You’ll gain a practical understanding of what entrepreneurship really requires and what steps you should take before launching your first business.

What you will learn:

  • Determine if you are ready to become your own boss

  • Clarify your personal motivation and “why” for entrepreneurship

  • Understand the real challenges and responsibilities of business ownership

  • Evaluate your financial, personal, and time readiness

  • Identify the skills and resources you may still need

  • Use the Business Ownership Readiness Scorecard to evaluate where you stand today

  • Develop a clear understanding of your next steps toward launching a business

The Business Ownership Readiness Scorecard:

A key tool in this course is the Business Ownership Readiness Scorecard. This framework will guide you through the most important areas you need to evaluate before starting a business, including:

  • Your motivation and long-term vision

  • Your time commitment and lifestyle readiness

  • Your financial preparedness

  • Your skills, experience, and support network

This tool helps bring clarity and direction to what can otherwise feel like an overwhelming process.

Who this course is for?

This course is designed for:

  • People considering starting their first small business

  • Aspiring entrepreneurs who want to be their own boss

  • Individuals with business ideas who are unsure where to begin

  • Anyone who wants to determine if entrepreneurship is the right path for them

By the end of this course...

You will have a clear understanding of what it takes to become a business owner and whether you are ready to move forward.

If you are ready, you will know the next steps to begin your entrepreneurial journey. If you are not ready yet, you will understand exactly what areas you need to work on before launching your business.

This course will give you the clarity, direction, and confidence to take the right next step toward small business ownership.

Who this course is for:

  • Aspiring entrepreneurs who are thinking about starting their first small business.
  • Professionals considering leaving the corporate world to become their own boss.
  • Individuals with a business idea who want clarity on whether they are ready to start a business.
  • Anyone who dreams of building their own company but needs guidance on where to begin.

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