The fear of humans must be handled well, and everyone will be seized with fear of entering a new world, the first time at school, the first time working, also when you are about to start a business, so to reduce this fear, determine the product or service that will sold, make a simple and detailed plan, Estimate business capital requirements, do a market reset. don't wait for tomorrow to open and start business.
Fear of starting a new business
- Thread starter eldavis
- Start date
It's natural to have fear because it will take an investment of our hard-earned money or savings or loan which we need to repay so it's ok to be feared but if we are confident about our work and also focussed then nothing can stop us
I, too, am afraid of starting my own business. It's one of the reasons I don't have one yet. I also have no idea what business to start. Haha
It is very clear that many people are afraid of starting up a business and once they can overcome the fear, then it will be much more easier for them to start.
Same here I know I used to have the fear of starting out but now I'm strong and wouldn't mind starting out.
It is fear of failure that has prevented some people to establish their own business. They are fearing the uncertainty. They don't want to fall back to square A. If you fear to take risks, you will definitely remain in one stagnant position.
- Thread starter
- #33
I can totally understand your fear, hut did you take time out to find out why the business failed in the first place? If you did this you would gain more experience that would help you in the next business.
It's important to be patient, but it's also important to start your business with a vision and a focus. It's possible to have a great business idea but not have it work if you're not clear about your goal. start your business with a vision and a goal!
- Thread starter
- #36
If the business is worth it, you can give it another go, look for where you can buy it at a cheaper price then find out how much others sells their then you can make use of that in fixing your own price.
I think this fear is totally understandable because you are facing something totally new, leaving your comfort zone is not always easy, more than anything else because you are facing something unknown and the mind sometimes does not want to deal with it because it knows the risk it entails. , but you really have to do it to get out of that comfort zone
Once you are able to overcome the fear of starting out the business then you will overcome the fears very quickly.
