Many people are scared to start their own venture, because there is a huge risk involved in it, and also because it does not give a person job security. However, it is important to remember that to make any business successful, the first thing one needs is belief in oneself and in the concept. Once these are cleared, the next step is to research well. This will help in understanding the demand for your work, the capital you would require, and also the competition one would have to face.