In this article you will learn about 4 realities that prevent you from creating a business and that you must overcome if you want to start a business.
Entrepreneurship is a path that few people take; because of the risk they believe this implies.
It is certainly not an easy decision. However, there are many success stories that show us that it is possible to create your company.
If you decide to take action and create your company, it is very possible that you will face many failures. However, all of them will have been worth it the day you manage to get your idea off the ground.
Every entrepreneur makes mistakes, but their tenacity is shown in their ability to learn from them.
For this reason we have decided to share some realities that prevent you from creating a business. All of them coming from the most common mistakes that other entrepreneurs have made; who, like you, made the decision to create a company.
Realities that prevent you from creating a company.
one. Perfectionism holds you back.
If you have developed a business idea or are starting, you understand very well the importance and value that this has for you. If you are taking the job seriously, your idea definitely becomes a priority.
For this reason you will do your best so that everything you do is perfect. However, perfection can slow down your growth rate.
On many occasions, you will feel insecure because the circumstances do not seem to be optimal, for which you will hesitate to take actions that do not need to be perfect to generate results and that, on the contrary, will delay the general development of your project.
Stalling is poisonous for a small business, and the speed of your decisions will keep your business idea moving.
An excellent alternative is to impose a goal on yourself, so this system to create a business model in just 7 days is an excellent alternative for you.
2. Micromanagement is not the way.
Just as you want everything in your business to be perfect and that thought is holding you back, it’s only natural that you also want to do everything yourself. Definitely a serious mistake to create your company, you will need to delegate and trust your work team.
At first it will be difficult to delegate because your team can have a maximum of 2 or 3 employees, so you will need to take care of many operational activities. However, it is necessary that you step aside to take care of strategic activities. These are the ones that will really generate real growth.
3. Your ability to adapt determines your success.
It is very important that you have established your business model and that you structure your business plan, however, your ability to respond to the feedback of your clients and the dynamism of the market is key to the development of your idea.
Your idea may be excellent, but applied in the wrong market or with an inappropriate strategy, it will need your flexibility to adapt to market changes until you perfect your business model.
4. You will always need more money than you think.
It is true that you must remain positive and always sure that you will obtain excellent results, however, you must be realistic and accurate with your sales projections and with the investment that you will make to start your company.
It is common for you to let go of certain expenses that in the end end up increasing the initial capital. Whatever amount you are estimating, increase it by at least 50%, this way you avoid surprises.
In any case, you should keep in mind that depending on what you want to do, you can create your company without money.
And remember, if you are really interested in creating your own business, you can purchase our book “How to create a company while working: Discover how to manage your time, manage your money and motivate yourself while creating a company and working for another” , where you will find all the information you need to found your own company, without having to leave your job.