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Not everyone wants to be an entrepreneur, but a good majority of people have at least toyed with the idea of starting their own business. The pleasure of being your own boss, setting your own hours, creating something from scratch and creating an inheritance is exhilarating, but few people actually pull the trigger, and, if you ask them why, they will offer one reason or another – or maybe 25:
Related: Don’t Let These 5 Illogical Thoughts Prevent You From Starting A Business
“What keeps you from becoming an entrepreneur?”
1. “I’m waiting for the perfect moment.” There is no such thing as a “perfect” time to start a business. Waiting for it will leave you on pause for an indefinite period.
2. “I’m waiting for the perfect idea.” If your idea has faults, rest assured – a perfect idea does not exist. So, catch up with these flaws with new strengths.
3. “It will take too long to become profitable.” Delayed gratification – the personality trait that drives people to give up smaller short-term pleasures in favor of larger long-term ones – has been hailed by renowned physicist and author Michio Kaku as the “hallmark of human intelligence ”. If you have what it takes to succeed, you understand and practice delayed gratification. And success will never feel too far away.
4. “I like my current job.” Sticking to the job you know can be comforting, but you will never know what’s hidden beyond that unless you do.
5. “I don’t like change.” Change can be difficult, even scary at times, but it is necessary if you want to make it happen.
6. “I’m afraid of failing.” The fear of failure holds many potential entrepreneurs, but this risk will always be present, and even failure does not mean the end. Successful entrepreneurs thrive on failure.
7. “I’m going to make mistakes.” If you are afraid of making a mistake once you become an entrepreneur, stop worrying – of course, you are making a mistake. You will make countless mistakes. It’s not about not making mistakes, it’s about making up for the mistakes you make.
8. “It will be too difficult to learn everything I need to know.” Sometimes a little extra effort is enough to develop the skills needed for entrepreneurship.
9. “I don’t want to risk my money.” The financial stress of entrepreneurship is daunting, but there are grants, loans, and lines of credit available to ease this burden.
10. “I don’t know anyone who can help me.” Attend networking events, be social and meet people. Your energy and enthusiasm will be contagious if they are obvious and legitimate, and you will find people who will be happy to help you.
11. “I’m afraid of an unstructured environment.” There is much more freedom in entrepreneurship, but also much more ambiguity.
12. “I don’t have what it takes.” Trust is the first step to achieving anything. There is not one type of person who can succeed as an entrepreneur; anyone can, with enough dedication.
13. “LikendisLikeship is like playing the lottery.” You can’t just get rich, but neither are you bound by terrible ratings if you work hard, work smart, and persist with a burning desire for success.
Related: 3 Ways to Build Your Business Confidence
14. “I don’t have enough time.” It takes time to start a business, but if you are serious about it, you will save time, no matter how many commitments you have.
15. “I am nothing compared to great entrepreneurs.” World famous entrepreneurs seem glamorous and brilliant, but it’s not mandatory. You just have to work hard and be passionate.
16. “I am not a good leader.” Leadership is a role in which you evolve over time.
17. “I don’t like working with others.” You will choose the people you work with to build the perfect team.
18. “I don’t know what to do.” If you don’t know where to go, start talking to people who know it. Read publications, articles and e-books on how to start a business. You may not know now exactly what to do, but it is not difficult to understand it.
19. “Starting a business requires a ton of money.” You can start on a shoestring budget if you know how to minimize your expenses.
20. I am afraid of life in “difficult mode”. LikendisLikeship is not easy, but easy is not always good either. Usually the right path to follow is the most difficult.
21. “I need a more formal education.” You do not need any formal education to start a business, but you will need to constantly improve your skills and knowledge over time.
22. “I need the approval of others.” If your parents, spouse, or coworkers think you are crazy, you are in good company. Most innovators are considered crazy when they start out.
23. “I need to have other things in place before I can start.” You may not have everything, but you probably never will. Start with what you have.
24. “If I fail, I will be ruined.” Things might not go as bad as you imagine. Usually things are not as bad or as good as you think.
25. “It is too late.” It is never too late to start if you are passionate and willing to work.
These inhibitions are more common than you might think, but understanding the roots of these fears, reservations and concerns can help you overcome them and begin to realize your dreams.
Related: start-up entrepreneurs have confidence. Duh.