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What is the first thing you fear when you start business?
- Thread starter Kirubel
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Yeah, convensing customers to choose you over other similar business owners and other similar products is some hard thing, and in order to get many customers it need good advertisements and good products.
losing money is the thing that scares peaple pretty okey some peaple take huge loans in hopes to pay it back one it is succesful but sometimes it is not a case
Yeah, the most scariest thing when we think about starting our own business is losing our investment money, and like you said some peoples start business with a money they get from a loan and not able to pay it back will put them in really challenging place.
it would be having the sales for your business. Without sales you re not going to make any profit off the business that's the truth.
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The fear that I had the first time I started my business was undescribable. My heart throbbed fast. I didn't know if I had sales that day, but I was thankful life was good for people fell in,line to buy milk tea.
I don't own a business but I have thought of starting something. Because of the fear that business will run or not I could not start it ever. I am searching something having a minimal risk of money.
eLdavis
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Very true even experts tend to have this fear sometimes, especially when they are including a new service or introducing a new products.
A lot of people always free the unknown. You don't know how it would turned out so you get scared at that point
eLdavis
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This is also my fear, even till now I still have this fear, but I am gradually overcoming it though.
The biggest fear and concern that anyone will have is whether the business will get profitable or not. A lot of time, effort and capital is invested to start a business and to run it. The monetary benefit from it is a natural expectation. But one has to be clear that it might not happen overnight. It might take some time for it to get profitable. Every business involves risk. If you don't have a risk appetite, business might not be for you.
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That's a good idea my friend to start a business of your own. You can surely achieve your dreams in the coming years. Just keep on trying until you become a successful business person.
Another high point is the risks that comes with business. You can really be scare to take such risks
It is due to concurrency you fell discouraged.
The first thing I fear when I want to start a business is always how I am going to get customers for my products. I am not the most excellent in marketing and it always makes me scared how I would sell.
Firstly, what I'm most afraid of actually doesn't exist, but what is most confusing is choosing honest partners or employees, and whether the business can provide satisfaction to customers.
You can fear for the competition as well. It is never easy for new business that have giant competition
