Forgot your password?

Entrepreneurs and Their Fears

By Edited Jul 19, 2016 0 0

What comes to mind when you talk about starting a business? Is it fear, anxiety, depression? Perhaps you get excited at the idea of new adventures, challenges, and experiences.

If you’re like me, you lean towards the excitement and challenge of a new venture. The problem, though, comes when you have so many business ideas that you don’t know what to do. You sit back, asking yourself, “What business venture should I choose?” But don’t get discouraged. When you begin to achieve success in business and are no longer in dire need of an income source, you stop seeing negatives or challenges in business creation and instead see opportunity.

A prime example: today, I was toying with the idea of getting my real estate license. I wanted to find out more information on acquiring it, so I called the real estate board to find out about costs and requirements. As the woman I was speaking to began to tell me of the textbooks and how large they were, I began to dread the idea. I love reading and obtaining new knowledge, but like most people hate being forced into reading something I don’t find that interesting.

Instead of reading, I asked if I could purchase the audio tapes instead, but she informed me that the textbooks were all they had available; there were no audio tapes. That’s when inspiration struck: I asked her if I could purchase the rights to record the book, giving her company a royalty, and we could sell the audio on a website I hosted, using pay-per-click to generate leads. She loved the idea, taking it to the CEO to get back to me at a later date.

This business venture is far from being closed, or even moving on to the next steps. However, once it is up and running it could bring in anywhere from $500 to $5.000 a month with little to no work after the initial set-up.

The question remains: Should I do it? I currently have two janitorial companies that I operate; a blog, Boland Media, which builds affordable websites for small businesses; and am about to launch Bidyetz.com, a site to help consumers get the best price from contractors through a bidding process.

The entrepreneur in me says do it! You only live once, and the more experience the better. The emotional side kicks in, though, and wonders if it’s better to focus on one or two things only, giving it my all and excelling. Even though I know I can succeed in this, and it may prove more profitable than other ventures I have going, I can’t help the feeling I’m spreading myself too thin.

 At the end of the day, though, a feeling is all it is. As Marcus Aurelius, the last great emperor of Rome, said, “Not to assume it’s impossible because you find it hard. But to recognize that if it’s humanly possible, you can do it.”

 I can choose to sit at my desk playing the games of “Should I?” or “What it?” Or, I can take the bull by the horns and work harder, manage my time better, and control my fears and insecurities - the insecurities that plague not only me, but everyone that I meet that we are not good enough or strong enough to tackle the task at hand.

 Considering that, I realized that it would be stupid of me to pass up this opportunity, because if I did it means I gave in to the fear and anxiety, not focusing on how fun the adventure and experience creating a new business will give me.

 So I ask you to take a second and ask yourself this: are my fears of failure so strong that they have stopped me from achieving my full potential and experiencing the adventure and personal growth that starting a business can bring?



Add a new comment - No HTML
You must be logged in and verified to post a comment. Please log in or sign up to comment.

Explore InfoBarrel

Auto Business & Money Entertainment Environment Health History Home & Garden InfoBarrel University Lifestyle Sports Technology Travel & Places
© Copyright 2008 - 2016 by Hinzie Media Inc. Terms of Service Privacy Policy XML Sitemap

Follow IB Business & Money