If you are feeling intimidated by considering going into business, you are not alone.
Top New Business Intimidations
Here is why people are commonly intimidated about going into business.
Unfamiliar Territory
The largest intimidating factor you face in potentially starting a new business is not knowing how to get started. If you have never had a business before, this can be a huge hurdle to overcome. Now that you have access to the Internet, there is a good chance that finding someone online who has started a business like your business idea are amazingly good. So, find someone in a similar field who has started from scratch, reach out to them, first complimenting them for striking out on their own, and tell them that you are inspired by their success. Tell them that you would like to also make a go of your own business, but be honest, tell them you do not know what to do next. Often, they will be happy to give you a few tips or resources to get you started. If not, keep scouring the ‘net for more information on how to start your business, or seek out a business coach to help you get started.
Unworthiness
Unworthiness is a hugely popular stumbling block for potential business owners struggling to make the entrepreneurial leap. It is as if you have been programmed that you will never be anything but a wage earner your whole life, and would never amount to anything more than that. You may have accepted this work-your-whole-life-for-someone-else lot in life or life-sentence as “just the way it is.” But it is not that way. Many people in authority positions throughout your life have out you down to make themselves feel as though they were more powerful than you, and if they can keep you down, that makes them feel better about the mediocre lives that they live with every day. But you are endowed with a natural birthright to rise and shine, to fully express your special gifts and abilities and to be compensated for doing so.
Embarrassment
It amazes me, how many people feel unworthy of starting their own business, as if it is so far beyond their realm of possibility that they would suffer great humiliation in front of their family and friends for even thinking they could do such a thing. Even if they find the courage to throw the switch, their embarrassment overwhelmed them and prevents them from moving forward. Don’t let this be you. This is your business, not anyone else’s. You shouldn’t care about what other people think or say.
Lack of Expert Status
You have been convinced that you lack the qualifications or what is widely regarded as the minimum requirements for expertise in your area of business may not be found on your résumé. So many people without any business or academic credentials have started wildly successful businesses without an education, college training, or even a high school education. So, there is really no reason for your lack of expert status to intimidate you at all. If you are concerned about your credibility, check out How to Establish Your Credibility and see how quick and easy to can be to establish your expert status online. https://telecommutejobonline.com/news/how-to-establish-your-credibility/
And know this: No one knows everything about everything. True masters of their craft are always in a state of constant learning and expanding their knowledgebase. Let this be your identity, and if someone asks you a question, be good with, “I don’t have an authoritative answer for you, right now, but let me get back to you on that.” Then Google and research it and do get back to them with an answer that feels right to you. You are an expert.
Poverty Mindset
Granted, you may have come from modest means. Some people have grown up with a poverty mindset, where they feel like being lucky enough to have any kind of job is all they can expect out of life, and that any hope for success must come at the expense of someone else or from engaging in a life of crime and criminal activity.
Changing your poverty mindset to a mindset of abundance with unlimited possibilities is possible but it will not happen overnight unless you have an epiphany, which is possible. It will take some work to have your mind in the right place and time for an epiphany to take place. If you are able to do the work, you can have this mind- and life-changing experience. Many have broken through the barrier of the poverty mindset, and you doubtless have heard of many rags to riches stories, where someone went from nothing to having all the good things this life has to offer. You could be the next one to do so.
Fear of Success
You might be surprised to discover that fear of success is a thing. So many people are terrified by experiencing too much of a life-change from the potential of more success than they feel they are capable of handling. They fear the spotlight, the publicity, paparazzi, and feel like if they have too much more money than they need t survive, they may risk turning into a bad person, because “money is the root of all evil,” or some other negative consequence visited upon wealthier people.
Those who fear success feel like successful people are inherently opportunistic and make their money off the back of those less fortunate. They also fear losing family and friends who would be obviously less successful.
This I know, if you are a bad person, loads of success will make you a worse person. If you are a good person, success will make you a better person, enabling you to do better things in the world. So it’s up to you.
