By far the most common feedback I get from would-be entrepreneurs for not starting a business is related to their fear of failure and not being able to provide for their family.
The traditional concept of a person quitting their day job to start a business is no longer valid. I think this concept remains pervasive in many people’s minds because potential entrepreneurs are consumers themselves. They see brick and mortar establishments that require a large upfront investment and full-time commitments and think that’s what it takes to run a business.
Today that is just not the case, as most businesses are virtual businesses run out of a spare bedroom in a home. More and more businesses are started as part-time endeavors that grow into full-time jobs over time.
Are you suppressing your entrepreneurial urges based on old-school start-up thinking?
