Yes, provided you know what you are getting into and provided you feel comfortable with your state of knowledge about the business you have chosen.You should also have a strong drive to succeed even when the hours get long and the decisions difficult. All types of people make it in small business and all types fail. There is no personality type or educational level that qualifies or disqualifies anyone from succeeding in small business.
Hundreds of thousands of people do it every year. It is an individual choice that should be made only after serious study, self-examination, and business advising. Your individual preparation is your key to success. For more information on this topic, talk to a business advisor today.