What is Stopping You To Start a Business?

[freelancermaria]

People are afraid to establish their own businesses for a variety of reasons. They are afraid of failing, they do not have the means to start a business, they are scared by the firms they have seen in the area where they want to set up shop, they lack skills and experience, they are discouraged by family members, etc. How about you? What is stopping you to start a business?

 

[eLdavis]

I have already started mine but for most people, I think one major thing stopping them is the funds. They want to start big rather than making use of the little they have and starting with that.

 

[freelancermaria]

I have already started mine but for most people, I think one major thing stopping them is the funds. They want to start big rather than making use of the little they have and starting with that.

Yes, I guess it is the top reason why people can't start a business right away.

And you are right, they want to start a big risky business.

 

[Stardom22]

The most challenging reason that stops most people from commencing business activities is the lack of the capital and some others are being affected by the fear of failure in businesses.

 

[eLdavis]

Yes, I guess it is the top reason why people can't start a business right away.

And you are right, they want to start a big risky business.

The funny thing is that majority of them have some capital they can use in starting up for the time being but they feel they must start big, only then will they succeed in business.

 

[freelancermaria]

The funny thing is that majority of them have some capital they can use in starting up for the time being but they feel they must start big, only then will they succeed in business.

Yes, they want to use more capital despite knowing that there is no assurance that the business will succeed. I guess, it is okay if the business owner is filthy rich.

 

[Augusta]

Several factors can prevent someone from starting a business, it could be due to a lack of clear business idea, existing responsibilities, and the stress and hard work associated with entrepreneurship.

 

[Stardom22]

I have realised that there are so many reasons that hold people back from starting businesses. One of the most reason is the fear of failure