According to a recent survey, 51 percent of Americans would rather be self-employed.
Despite the large number of people who want to be in charge of their career, only 6% are currently self-employed.
Why the huge discrepancy?
If so many people want the freedom and independence of being an entrepreneur, what stops them?
The results of the survey are fascinating.
4% can’t come up with a business idea.
15% didn’t have enough capital.
10% say they lack the necessary skills.
2% say administrative barriers hold them back.
If you ask me, those numbers don’t ring true. There are millions of ideas, thousands of people want to invest, and anyone can learn a new skill.
So what is the real reason so few people are entrepreneurs?
YOU MUST GIVE THIS UP IF YOU WANT SUCCESS
You have to be willing to give up FEAR.
FEAR: The worry about something that hasn’t happened.
Old fashioned, garden variety fear.
What stops most people from being an entrepreneur, is the fear of going bankrupt or the fear of failing. I don’t care what anyone says, it’s NEVER the fear of success.
The next fear that stops most people? The fear of what others may think.
The fear of being ridiculed is a strong motivator to do nothing.
When people feel that their current situation, no matter how awful it is, guarantees a steady income, it’s hard to give up that perception of security for uncertainty. (Think of all of your friends who are stuck working with rude, negative, and even nasty people. They may talk about leaving to start their own business, but where are they now? Yep. They’re still there.)
The fear of less money is so huge that it often stops people from trying to start their business on a part-time basis even while they are employed.
Of all the classes that are taught in business school, it’s clear that a comprehensive course in getting over the fear of starting your full or part-time career is necessary.
Wharton, are you listening?
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What get’s in your way of starting your full or part-time business? Share your comments below. Someone might have a great solution for you. 🙂