Start-up entrepreneurs are regularly called crazy at the best of times, even when a debt crisis isn’t swamping Europe, with warnings that Australia could be next.
However, while you should certainly keep an eye on how the economy fares throughout 2012, the success or failure of any start-up shouldn’t solely rest on this.
As it has always been, the prospects for start-ups will be largely determined by them – how strong their ideas are, how well funded they are, how well they’ve judged the market and how they deal with unexpected problems.
A good entrepreneur will make the most of the conditions out there, even if those conditions involve sluggish retail spending and creeping unemployment.
So, do you have what it takes to launch a start-up? Do you have the character, skills and judgement to take the plunge?
If you think you do, take StartupSmart’s in-depth test to see if you’re right. You can access the test by clicking here.