What’s Keeping You from Being an Entrepreneur?
Over the years we've seen so many people who are fed up with their jobs and have aspirations of stepping out and starting their own business. However, as humans, we are so good at thinking up excuses to not do something, even the things that we have dreamed about!
Here are some of the most common excuses people have that keep them from becoming entrepreneurs:
- The life of an entrepreneur is unstable. It’s understandable to be nervous about leaving a stable, structured job for a career path that has a lot more uncertainty to it. However, over the last few years there have been more and more people becoming entrepreneurs because the Great Recession has led to those previously stable jobs no longer being anywhere near as stable as they once were. It’s a scary step to leave your job and focus solely on a new business, but it’s a necessary step if you want investors to take you seriously.
- You don’t have enough startup capital. Nobody has enough startup capital at the outset of their business to make it viable, and only a lucky few will get funds from angel investors. Therefore, you just need to save as much as you possibly can to ensure that you have backup funds. Operate out of your home to start with, and make sure your budget doesn’t have any fat in it. Get creative with crowdfunding or loans. If you’re committed and creative, you’ll find the money you need.
- You’re waiting for ______. Maybe you’re waiting for the kids to go to college. Maybe you’re waiting for your husband or wife to get promoted. However, these “waiting for” excuses tend to just be convenient excuses to stall. The longer you wait, the fewer years you have to build your business into a success. There are ways that you can fit a new business into your life rather than trying to work around it.
- You don’t want to fail. The vast majority of startups fail. It’s an unavoidable fact. If you believe you have what it takes to face failure and overcome it, then you have what it takes to be an entrepreneur, even if it means trying out several different ventures and falling back on backup plans along the way.
Talk with us today if there is anything holding you back from becoming an entrepreneur. You may discover that you truly are ready to take the next step.
Copyright 2014 Viral Solutions LLC
Thomas von Ahn | Chief Elephant Slayer | Viral Solutions LLC