While desire is an important factor in starting your own business, keep in mind that you will also need to have a certain skill set. In other words, just because you may think owning a certain type of business would be "fun" that doesn't necessarily mean that it is the right type of business, for you to own. You should have at least a medium amount of skills that will take to run the business. This means that if you have never set foot in a kitchen, then a catering business may not be the right choice. In addition, you should have some skills that will be necessary, just for running your business such as: bookkeeping, marketing, management and even purchasing. You should also understand that this is a time consuming process. Few businesses achieve overnight success and take a considerable amount of time and patience, before they begin to pay off.