Be prepared for disappointment and frustration. Be persistent and bounce back even more determined to succeed.

For many people a job is more than an income - it's an important part of who we are. So a career transition of any sort is one of the most unsettling experiences you can face in your life.

For many people a job is more than an income - it's an important part of who we are.

If you don't act now while it's fresh in your mind, it will probably join the list of things you were always going to do but never quite got around to. Chances are you'll also miss some opportunities.

Don't invest in anything that you don't understand. Do your research first.

When investing, I'm not against risk. If you take no risk you must expect a low return. Just don't let anyone fool you into thinking you can get a high return with low risk.

Learn as much as you can about your proposed business. Ask questions. Join industry associations. Study successful competitors carefully.