Fear of starting a new business

[Suba]

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.

 

[Bisolami]

You have a point there though, for most after starting the business, they expect things to go their way but only to be faced with lots of difficulties, they immediately give up or loose hope in the business rather than continue. I want to personally start my own business and am seriously praying i dont give up along the way.

And this is why I always advise people to have the mind of continuity whenever they want to start a business so that even if they faced a lot of challenges they will not stop

 

[Starmix]

To start a business, one must carefully plan first what to invest, who would be the clients, the suppliers, the manpower, and the capital. It is not easy as far as my experiences in business is concerned.

 

[Hate2Wait]

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

 

[freelancermaria]

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

 

[Yugocean]

I don't think anyone who is afraid will work out with business, better to do what you like.

 

[uptrendfinancialsignal]

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.

 

[cherry123]

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.

 

[Reedex]

There are so many people who have an idea on how to start a business but the fear of failure would not let them want to start which they should try to overcome.

 

[hastral45]

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.

 

[Stardom22]

For you to succeed in anything they must try it out. Now the entrepreneur must be a risk taker. That's why you should risk in starting the business.

 

[Bisolami]

The fear of starting a new business has been a major issues for those who might want to start up their own business and it has succeeded in limiting so many persons with great potential. For does who are experienced in starting up their personal business, how did you overcome this?

There was a time I started a business and the business failed so now my major fear is that I don't know if the next business I want to do will fail

 

[eldavis]

There was a time I started a business and the business failed so now my major fear is that I don't know if the next business I want to do will fail

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.

 

[Knowledge Quest]

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!

 

[Bisolami]

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.

Yes I found out that I bought the goods at expensive price and this is almost the same price I sell to people who buy from me so I could not make profit

 

[eldavis]

Yes I found out that I bought the goods at expensive price and this is almost the same price I sell to people who buy from me so I could not make profit

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.

 

[Golden9]

It helps to overcome the fear of starting a business if you start small. This will give you the needed confidence and also allow you to make mistakes without painful losses.

 

[riberet19]

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

 

[uptrendfinancialsignal]

Once you are able to overcome the fear of starting out the business then you will overcome the fears very quickly.

 

[cherry123]

Sometimes it is just to start and don't think about it. When you begin to fest just go ahead and do it you would overcome all the fears a long the way.