< e) had sufficient patience, diligence, legal and accounting knowledge, and general acumen to successfully run a small business…
One generally outsources legal/accounting/tax. However, it does require extra time/effort to manage.
Like the saying goes you can work 8hr/day for someone else or 16hr/day for yourself - some of this can be outsourced, but the extra cost/effort never goes to zero.
That is true up to a point, but you still need to make sure your lawyer/accountant understands enough about your circumstances to do their job properly. They are experts in their field, not yours, and they aren't telepathic.
Whether or not you spend enough time liaising with your professional help and checking their work, you're still the responsible person ultimately signing contracts and tax returns, and you're still going to be on the hook if the contract doesn't stand up in court or you get audited and something incorrect is found.
One generally outsources legal/accounting/tax. However, it does require extra time/effort to manage.
Like the saying goes you can work 8hr/day for someone else or 16hr/day for yourself - some of this can be outsourced, but the extra cost/effort never goes to zero.