Probably most of us think of starting our own business at some point in our lives but there are only some who actually manage to take the bull by the horns. Interestingly when you start thinking about starting your own business, you find as many reasons striking your mind NOT to take that bold action as many push you to do so.
One of the nightmares in that situation is the risk that you think you will have to take if you want to go about doing your own business. It suddenly begins to feel very difficult – almost impossible. You don’t want to change things; you want to leave them as they are. But remember if you have a business idea and you want to pursue it, you should before you have second thoughts coming to your mind. Remember to listen to what your heart says – follow your gut! Remember it is better to try and fail than not having tried at all!
Friends and relatives sometimes do the damage! Sometimes they will say things which can disappoint you and you stop thinking about your business idea anymore. Our relatives and friends are the ones who we care for and listen to most, and if they hint or warn us about something, we tend to listen to what they say. Rather than throwing your idea out of the window, you should try to convince your relatives and friends with arguments. After all, you need their support. You must listen to them if what they are telling you is right and try to find a way to address that issue. But NEVER throw your dreams to the trash can!
What if you have the ambition to follow your dream but you don’t have the funds – the money – available to start your own business? Dump it? Nooooo!
This is one of the most important parts of your decision making process. It is not necessary that every entrepreneur should have the funds available at hands to start his business. This shouldn’t be an impediment to your ultimate goal, however. Find out ways how you can gather funds to feed your venture. You can seek support from family and friends as well as find investors who are interested in sponsoring you.
One of the other obstacles to starting a new business is a lack of guidance. You know you have an idea but you don’t know where or how to start. You don’t have any clear sense of direction. Hence you tend to kick the idea out of your mind altogether. If you find yourself at this point, it is time to seek professional guidance. You need to discuss your plan with someone who has the necessary knowledge and expertise. Though this may cost you some money at the very outset, it will save you from killing your dream and give you a clear sense of direction which you can follow.
So whether it is a lack of funds or support, or a fear of risk, don’t let the odds come in your way and start working on your idea before it is too late!
Caroline Baxter Is a Serial Entrepreneur and Business Coach with over 15 years experience. The owner of multiple successful business enterprises, Caroline began her first business venture at the tender age of just 24, generating her first six-figure salary by the end of her first year.