It's usually not a great time to start a business if your finances are in bad shape. Even if things appear to be in good condition, have some cash on hand just in case.
Lacking Financial Resources
Ambition is a great thing, but it may lead you into problems if you don't keep it in check when it's needed.
Lacking Focus
A fear of failure can keep you from establishing your business at all.
Fear of Failing
A startup must meet a need that its target market has, or it will fail.
Not Being Able to Solve a Problem
One of the most typical startup blunders are believing that you must tackle all of your problems on your own.