"Do what you love until you go broke and can't do it any more."

Quite often, you'll get excited about an idea. Think it's super cool, and can't wait to get started! I find this is particularly true with new business startups. Stop and breath for a moment. It's worthwhile thinking things through.

Scott Allen's article for About.com walks encourages a balanced approach. Check out "Choosing a Business to Start: Two opposite approaches? Or the best of both?"

Allen writes: "So you've decided to start a business. Maybe you have a brilliant idea, and you're trying to figure out if it's viable or not. Or maybe you're out of work, or just fed up with your current job, and looking for an alternative.

Whatever the circumstances that have brought you to this point, the first question you need to ask yourself is, "Is owning a business right for me?" Are you cut out for entrepreneurship? Not everybody is. The rewards can be great, but so are the risks. And it will change your lifestyle in ways that you may not be prepared for."

Read the full article here.