Have you considered starting your own business?
By asking this question, the interviewer is trying to learn about the personal characters, views and future plans but unfortunately many individuals fail to provide an appropriate answer which significantly affects their chances of being selected for the available position. Your answers as a simple “Yes” can make small organizations worried because of a couple of reasons, like leaving company after some time or taking business secrets with you while a “No” will reflect your lack of self-confidence about your abilities.
Key Points to keep in Mind while Answering the Question:
- Relate your set of knowledge and skills with the point that how you are better suited for working as a employee rather than running your own business.
- Explain your future career goals that indicate that working for a company is most suitable option for you.
- Don’t talk about your weaknesses due to which you can’t start a business like funding or lack of competence.
Choose your recommended Answer for Have you considered starting you own business from the Poll
Example Answers by various Experts:
Fahad Hussain’s Suggestion:
The key reason behind me not moving towards starting my own business is that I feel that my knowledge and set of skills is most appropriate to work in a well-established company with well-defined responsibilities. This will help me in improving my current skills and advance in the company toward higher management.
Mahjabeen Umar’s Suggestion:
In near future, I have absolutely no plans about starting my own business as my first preference has always been to make my career in a well-reputed organization. I would consider this company to be my own company and work with full dedication for the growth of this company.
Sajid Mir’s Suggestion:
Although I have given thought to this idea and certainly would like to become a successful entrepreneur but it’s definitely not the right time for me yet. As right now, I would like to work as an employee for a brief period of time and then move towards establishing my own business after gaining enough experience and skills.