If you succeed and your company sustains you and your lifestyle, you are in good shape. You will be financially stable and secure and you will be doing something that you love.

While the company is your focus, do not forget to maintain an identity and some financial security outside of your company.

Be prepared to protect yourself and your assets BEFORE you start this process.

Make sure that you can sustain a loss of all money that you put into the company.

Develop an exit strategy for yourself if the company fails.

Know how you will live during that transition period.

Prepare yourself mentally for an escape route.

Setting yourself up with this security blanket in advance, will give you some peace of mind while you pursue your venture. This process will allow you to concentrate on the task of building your company while recognizing and minimizing the risks of failure. Having this backup plan will provide some comfort during those inevitable stages of entrepreneurial growth.