The 4 Able Theory for Business

If you are interested in starting a business, or in a cool term: to be an entrepreneur, there is a theory called Theory 4 Able that you should follow as a guide. The first Able is able to finance, means that whatever kind of business we will choose to run it in the future then we need to assess our financial capabilities. Are we able to finance our efforts to vote or not. The goal should not be until we run out of ammunition before the battle. Due to start a business not only needs funds to prepare their business operations but also need to prepare a reserve fund to anticipate when the first 3 months of business we have not run as expected.
Able number two is Able to think, means that after we felt financially able to finance the business that we have chosen then we need to look inside ourselves again whether we are able to consider all aspects, the demands and consequences of this type of business we had chosen. The goal is that we are ready to face all the problems that will arise both from the preparation phase until the business will start running.
Able number three is Able to develop, which means that after we run through two previous Able then the Able of three become very important to maintain the stability of our business. The last Able is Able to face the risk, means we must prepare ourselves for the worst if the risk occurs in our business. Is it related to the risk of uncontrolled such as natural disasters, the world economic crisis, etc., or which relate to administration errors/mismanagement and competition. So if the risk of loss in our business as an entrepreneur we have prepared both mentally and financially.