The Top Excuses Not to Be an Entrepreneur...And Why They Don't Hold Up
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Do you want to start a company, but don’t think you have the time? Does being an entrepreneur sounds too risky? Yeah yeah, we’ve heard it all before. Every person has the potential to start their own business, if they really want to. Inc Magazine rounded up the worst excuses for not starting a business, and why they are unfounded:
Fear of Failure:
Uncertainty is normal for a startup and failure is always a possibility. But you don’t have to let your fear hold you back. Instead, use that fear as fuel to do whatever you need to succeed and embrace the possibility of failure. If your company doesn’t succeed, use the opportunity as a learning experience for next time.
Not Enough Time:
Everyone starts with the same amount of time in a day; some people are just more productive than others. Successful entrepreneurs know that time is precious and use it wisely. Mark Zuckerberg was able to start Facebook while juggling a full Harvard course load and Naveen Selvadurai was working full time for Nokia when he started developing Foursquare. So stop perusing twitter and catching up on blogs (except for ours of course!) and get to work.
No Great Ideas:
Yes, coming up with a new idea is difficult. But improving on an existing idea is not. Xerox may have invented the computer mouse, but Apple is credited with making it user friendly. Many of the most successful companies were founded by refining earlier innovations. Instead of waiting for a great idea to pop into your head, take a look around and think about what needs improvement.
Do these excuses sound familiar to you? What excuses have you heard from other entrepreneurs?