Reasons not to start a business

Editor’s Note: Here at Dispatches, we are always looking for ways to help our readers do things. For some of our readers, that means helping navigate the working world, for others, it means assisting in the ever challenging question, “what’s for dinner?” For still others, it means figuring out how to balance family life with everything else. In an effort to aid in all of these endeavors, we have collaborated on this article written specifically for our readers.

There are a number of would-be entrepreneurs who were bursting with potential but never made the leap and actually started a business. Many wanted to do it, dreamt about doing it and knew it was possibly, yet there was a mental obstacle that kept them from following through. Below is a list of the most common reasons people used to keep them from launching a business.

“I’m Not Ready”
If you’re waiting for the “perfect moment” to start your business, then you’re going to be waiting forever. Whether it’s investing your life savings in a start-up, trying bungee jumping, or anything else in life that’s scary, you’re never going to feel 100 percent ready. Yes, all businesses have a chance of failing, and yes that’s a terrifying prospect but the true winners in life are those that grit their teeth, and just do something in spite of their fear.

“I Don’t Have the Money”
This is one of the most widespread misconceptions that holds promising people back from realizing their dreams. In today’s world of free and highly affordable social media marketing, along with accessible ecommerce platforms like this, you really don’t need that much money to get a modern business off the ground. There have been countless successes that started with little or no money, and in the state of the modern business arena, these are only becoming more and more common. If this is the excuse that’s holding you back, you probably don’t even need a half of the capital you think you need.

“I Don’t Have Enough Experience”
While it’s certainly helpful to have a keen understanding of the industry you’re planning to go into, you’re never going to get experience in running a business if you don’t do it! If you want to learn how to swim, you’re going to have to jump in the water at some point, and if you want to be a great entrepreneur, you’re going to have to make a similar leap of faith, and learn by doing. Even the greatest CEOs in the world wish they had more experience and expertise, so don’t let this particular excuse lead to you putting off your dreams any longer!

“I’m Not Qualified Enough”
Unless you’re dead-set on entering a field with extremely high liability, then you’re already qualified to start and develop a business. If you want to give people something they need, and have an insatiable appetite for seeing high profit margins, you don’t need a framed certificate to tell you that you’re ready to be a business owner. Sure, a masters in business or economics can come in handy when you’re a CEO, but all you really need is creativity, ambition, and the self-discipline to see your plans through.

There’s never been a better time to get a business off the ground, so make sure you’re not letting any of these excuses get in the way of your dreams.

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