When the world started experiencing economic crunch, various companies were forced to close their business to prevent more loss. More people were added to the increasing number of unemployed. Some of the displaced employees however, were luckily to be given separation pay. There were those who dared to venture on investing their hard earned money.

Unfortunately, not all became successful in their venture. The inability to study the business before investing and, inability to manage finances are contributory to business failures.

Who has the possibility to become a successful entrepreneur? He is someone who recognizes opportunity when he sees it. He must be willing to take risks and make sacrifices (leave the confine of his comfort zone) in order to take advantage of the opportunity and, personally attends to the growth and development of the business he started.

To be able to achieve positive results upon leaving comfort zone, the entrepreneur must possess the right attitude and passion in doing the business, continuously acquire the necessary knowledge, continue practicing and developing the right skills in handling the business.

An entrepreneur is also likely to succeed when he is able to manage his finances and use his money rightfully. He has a sound financial planning (ensures that his net worth in increasing) and strong willed in avoiding financial black holes such as improper use of credit card, spending trap (eating out instead of preparing and eating meals at home, impulse buying, indulging in shopping as entertainment).

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