At BizON we believe entrepreneurship is not only about starting a business from scratch but also about buying an existing one and turning it into something better. With that said, we came across a great article by Inc’s contributing editor, Jeff Haden, where he discusses 14 terrible excuses for not starting (or in BizON‘s case – buying) a business today.
What’s holding you back? Hopefully not one of these all too common excuses.
Excuses: we all have them. (I probably have more than you.)
And eventually, we all regret them — especially if those excuses keep us from following our entrepreneurial dreams.
1. I don’t have the money.
As Growthink founder Dave Lavinsky says, being an entrepreneur is the art and science of accomplishing more with less — less money, less staff, less time, etc.
Face it: You will never have “enough” cash or funding. Never. If you don’t have enough capital to launch your business the way you plan, change your plan.
You can’t always control what you have, but you can control what you do with what you have.
2. I don’t have the time.
Everyone has the same amount of time. The only difference is what you’re willing to do with yours.
If you were trapped underground and had only 24 hours’ worth of oxygen, you wouldn’t check your Twitter feed or chat with friends or spend a little “me time” in front of the TV. You’d dig your butt off the entire time.
Apply the same level of importance and urgency to what you want to accomplish and your schedule will instantly clear. Finding the time is always a matter of how badly you want it.
3. I’m too scared.
Join the club. Every entrepreneur is scared.
So you have a choice: Let your fears hold you back… or use those same fears as fuel to do whatever it takes to succeed.
Complacency is the enemy of achievement. Fortunately, fear drives complacency away.
4. I don’t have the right connections.
Between company websites and LinkedIn, Facebook, Twitter, and all the other social media platforms, you can reach almost anyone besides the Pope and maybe Bono. In fact, some people are surprisingly accessible (maybe that’s one of the secrets of their success?).
Of course, they may not respond. If they don’t, that’s probably your fault.
Start small. Start feasible. Build a foundation. A great network is like a pyramid with a wide base, not a thin vertical line that goes straight to the top.
And never forget that the more influential the person the more they’re besieged with requests. Have a good reason to connect, give before you expect to receive, and you might be surprised by who responds.
5. I’m too late.
Yeah, Jobs beat you to the graphical interface and mouse, but Xerox beat him. Zuckerberg wasn’t first in social media. The list goes on. Innovation is never one-and-done; some of the most successful companies are based on refining earlier ideas and innovations.
You’re only too late if you’re not willing to be better, faster, stronger, or cheaper than whoever got there first.
6. I can’t get anyone to listen.
People will listen to anything that is entertaining, interesting, heartfelt, amusing, shocking, informative, titillating, stupid, satirical, controversial, sad, silly, sexy…
If you can’t get anyone to listen, the problem isn’t them. The problem is you.
What you want to say is irrelevant; change your message so it means something to the people you want to reach.
Then they’ll listen.
7. I don’t have the skills.
No problem. Go get them. Go to school. Read a book. Read 10 books. Talk to friends. Get a part-time job at a small business. Get a part-time job in a different industry.
Find someone who has done what you want to do and volunteer to work for free in return for the opportunity to learn.
Does that seem too hard? Like too big of a price to pay? Or simply not fair? Then accept you will never have the skills and stop complaining.
Skills and knowledge are earned, not given.
8. I can’t think of a great idea.
Dreaming up something new is really, really hard.
Reacting to something that already exists is really, really easy.
Walk around and start complaining (to yourself). You’ll see tons of problems that require solutions. Those solutions are ideas.
Or walk around your business and start complaining. There are tons of problems you can address.
“New” is hard to imagine. “Better” is much easier.
Again, most companies are built on “better,” not on “new.”
9. I can’t take that risk.
Any risk you take today is a risk you can recover from. In time you can overcome almost any setback, stumble, or failure, and emerge stronger and smarter and better equipped to succeed in the future.
If you never try, all you’ll be is regretful: When you’re old and grey and “done,” you’ll look back on your life and think, “I wonder what might have happened if I had only…”
That’s one risk you should never take.
10. I can’t stop until it’s perfect.
Sure you can. You just don’t want to.
Maybe you’re insecure. Maybe you’re afraid. Maybe you fear rejection or criticism.
Do this instead: Do your best. Then step back. If a little more work will result in a markedly better outcome, go for it.
If a little more work will not make a difference anyone but you will notice, let it go. Then you make improvements based on the feedback you get from the only people whose opinions really matter: your customers.
11. I’m not comfortable doing things a different way.
I was raised to be humble and self-effacing, so I hate to say I’m good at anything. But sometimes I have no choice; taking advantage of certain opportunities requires confidently describing my skills, experience, and accomplishments.
If you’re not comfortable doing something because it violates your principles or ethics, by all means don’t.
But if you’re not comfortable doing something simply because it will take you out of your comfort zone, you’re just rationalizing.
And you’ll never be more than you already are.
12. I can’t find anyone who “gets it.”
Oh, they get it: They get that it sucks.
Truly great ideas can be described in a few words. Truly great products can be described in a few words.
When no one seems to get it, the only person not getting it is you. Let go of your pride and agenda and “unique point of view” and figure out where you’ve gone wrong.
13. It’s too hard.
Long journeys are hard.
Individual steps are easy.
Say you sit on your couch all day and suddenly you decide to run a marathon. You’re right: That’s too hard. But you can go out today and run a lap or two. Or you can walk a few miles. You can take one small step toward a difficult goal.
And then another. And then another.
Or, say you want to lose 50 pounds. That’s too hard. But you can eat one meal differently. Or you can take a walk at lunch. Or say you want to open a business. You can look at possible locations. Or work on your business plan. Or talk to a potential supplier. Or get advice from a mentor.
You can’t accomplish any difficult goal overnight, but you can accomplish one step, however small, toward that goal.
Think about the end of a journey and all that will be required along the way and you’ll never start.
Instead, do just one thing that will help get you there. Then build on it.
That you can do.
14. I’ll be embarrassed if I fail.
Failing in public can be embarrassing, especially since some people love to talk about the misfortunes of others.
Those are the same people who would never dare to try something themselves.
Don’t worry about them.
A whole other group of people will respect you for taking a shot. They’ll recognize a kindred spirit. They’ll empathize. They’ll encourage. They’ll pick you up. They’ll know what it’s like to try and fail and try again.
Why? They’re people living their lives on their terms.
From The Desk of BizON
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This article was originally created by Jeff Haden, contributing editor of Inc. For the original article please click here.