To answer this question, you need to analyse how you stand
on the following:
Idea – Do you have idea which is robust and sustainable? Is
the market big enough for you to enter? Anaylse your idea thoroughly. Read more
about Vetting your Idea.
Team – You need to have the right skills to implement the
idea. This is where most startups fail. Identify what skills are required to
execute the idea well and build on those which you are lacking in. Read more
about Finding Co-Founders.
Passion – You need to be fully convinced in your mind that
the journey is going to be a long and tough one. Be mentally prepared to last
it out. Only your passion and zeal can push you through it.
Sustaining Capacity – Your startup may not be able to give
you any money for a long period of time. You need to know how you will sustain
in this period so that at no stage do you feel the pressure to close down.
If
you have all of these going for you, do not wait or overthink it. Startup Now!
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