I’m not experienced enough to answer this question but from what I learned new businesses lack in vision and experience which is later followed by mistakes. Here are some common mix-ups: 1. Lack in business plan 2. Not setting obtainable goals 3. Fail to understand market and target audience 4. Forgetting the competitors 5. Making hiring decisions based on cost 6. Trying to do everything yourself 7. Putting your products first and people last. 8. Bad financial management These are few I can think, there are many more mistakes businesses do which often lead to failure of business but if you manage to dodge these you’ll be ahead of most other businesses on the road of success. For eg. Interestopedia being an startup is evolving vigorously day by day in this competitive environment which is really impressive.

Personally, I think your education gives you shoes to walk towards your career. When you earn a degree, you accomplish a big step. You gain knowledge, skills and experience to help you both in your career as well as in your general life. No doubt to achieve success hard work is must but without education, it will not yield any results. Education reduces the challenges you will face in outside world. The more knowledge you gain the more opportunities broadens to allow you to achieve better possibilities in career and personal growth. Thus your success doesn’t solely depend on your education; dedication and determination is also required. However, with education you can enhance productivity and complete a task better in comparison to an uneducated person.

Yes, Hobby is “a pursuit outside your daily schedule done for enjoyment or relaxation. Passion on other hand, are not relaxing. Passion is a overwhelming feeling of devotion and obsession. If the things which gives you joy and calmness suddenly starts making you feel a bit more tense, focused or serious they’ve become your passion.