Welcome back. I'm glad you're here. It means you're ready to take the next step with me. Remember, this is all about you. So in the next few minutes, I'll help you examine your personal situation. I know you're in a hurry.

So let's get going. Let's focus on the situation you're in. Let's see if it's going to help you or hinder you to do a startup, at least at this time. How healthy Are you physically, emotionally and spiritually? Normal? Okay, just so so.

Needs a bit of work. I hope you responded normal or okay. That's good to hear from you. But let's give this important question a bit more critical review. For instance, do you have the stamina required to do a start up streaks of 100 hour workweeks will happen often in new enterprises Do you tired easily perhaps from overweight? You still think clearly while in during low levels of sleep?

When the yogurt hits the fan, the bad stuff arrives? do you cope well? Or have bouts of intense anger? Or are you addicted to something of behavior you cannot let go of. For instance, when stressed do you eat? yell at people get drunk?

Do drugs race for sex? On a serious health side, is there something going on? Are you struggling perhaps with an ongoing illness or something facing you? Is cancer a possibility? serial entrepreneurs tell us that doing a real startup feels like riding a wild roller coaster day after day. You'll probably miss payroll at least once a month.

Out of cash a couple of times, and crashes do happen. How well do you cope with that such failure? What higher power do you seek help from when all else fails in your personal life? serial entrepreneur is no good health is not enough. They insist on great health, physical, emotional and spiritual. how healthy are you?

Who will you talk to? when the going gets rough? And it will? Who will you seek advice from personal advice from personal relationships? Start up people are human Yes, human. They need people just like you do people to relate to serial entrepreneurs have relations with people in whom they have faith.

People who are supportive people who can look them in the eye and tell it like it is. As a key relationship broken recently. Perhaps the person you love for 14 years just left you. We were doing a startup to try to overcome Pain, nor trying to use it to prove your dad is wrong, you are not worthless. A new enterprise is the thing that will make you feel like you're on this wild ride day after day. Yes, it can be thrilling in an adventure.

I certainly hope so. But to do it, you need healthy relations with people supporting you while you're trying to hang on. Close business friends, wife, husband, best friend, relative parents mentors. Pause right now and identify who you will go to when disaster strikes. If the list is very short or non existent stop to think if there might be a better time in your life to do a start up. Who will you talk to?

How well are you fixed financially with you have lots of surplus cash in the bank. Are you ready for you? To do your startup, all of it, you'll go through many months while unemployed before your business gets going very, very, very often. Investors are very slow to reach for their checkbooks to take could take a long time to get the cash. How big are your debts, your student loans, credit card debt, car payments, house mortgage? Do you have kids in private schools or in college?

Maybe a couple of them? Are you living the highlife enjoying the best of the best? How much are you willing to cut back when your savings and retirement funds are being rapidly depleted? How well are you fixed financially? How successful Do you appear on LinkedIn right now? How does your resume look?

Successful track record so far, something you're proud of? Well, how would you feel if you soon added startup failure You're exactly what are your long term plans? Certainly not to fail? Do you think about buying an amazingly beautiful house jet putting your children through Ivy League universities? How about retiring at 40 years of age? Do you want to become a billionaire donating millions to charities in schools?

What do you personally expect from doing a startup? fame, fortune satisfaction thrills, doing something amazingly great freedom at last? What do you expect to happen to your startup? And what are your personal plans? If the business does not meet those expectations? What if it fails?

How then will you make lemonade out of the limit? How successful Will you look to the world when you're done with your startup Is your current personal situation going to help or hinder you in doing your new enterprise? I hope it's solid and supportive. Great health, lots of supportive people, a wise personal financial plan. And that you are able to tell the world what happens, good or not so good. Because then, if you have a checkmark in each of those boxes, we can move on.

I hope you'd like to continue, but it's okay to pause here or simply stop. Your situation could change, it could change to allow you a better time in your life to do your startup. There's nothing wrong with waiting for a while. But if you're ready, your situation seems reasonably supportive and you think you have the traits of an entrepreneur and your dream fits reality. Hey, then let's take the next step. Together.

We'll look at your What, why and how that will bring us nearly to the conclusion of this quick course. Should I do a start up now? I always enjoy this next step. So let's get going. I'll see you there.