Braving Obstacles To Finally Start Your Own Business

 

Most of us were very hopeful that better things were coming our way. We prayed hard to leap into a new version of ourselves for the prosperity of our business and career for our family. However, we were truly tested really hard. Even if we did not want to be in such a predicament, we just can’t shrug off reality. But, hey! The fact that you are reading this, you should be able to rejoice because it only means that you get another chance to make the improvement that you have always wanted. Perhaps the pandemic ignited your willingness to make that brave move.

What COVID19 taught us was to become more vigilant on how we take care of ourselves, how to make sure that we keep ourselves healthy and safe, and our family. Ignoring cleanliness may not be too big an issue to some. Still, the pandemic scare made us realize that we are able beings that can make things better for safety and provide for the family’s needs no matter what.

The Birth of Small Businesses During The Pandemic

The usual shops or stores that we often go to were closed because of the fear of being infected with COVID19. It has feared most of us. I admit that I was a little overwhelmed at how devasting the disease was and feared that my family would be suffering. But fortunately, instead of the people just waiting for the “Ayuda” coming from the government, they have decided to step up and decided to make things possible. Small businesses began to emerge, and I believe that so many startups have seen their potential to be powerful businesses in the future this year. But of course, some had some worries and doubts. An individual who may have just been exposed to parents who have been office workers may not have an idea about how to start a business. Unless they are genuinely interested in creating their own while still young. And that is just fine. Fear is a survival instinct. It makes you feel alive. Fear comes before infinite possibilities, which means, because of fear, we tend to push ourselves even more to prove ourselves that we can do so much better. Believe it or not, when you have fear, it allows you to build your confidence, and before you even know it, all the while of struggling, it has slowly led you to the place where you want to be.

Aspiring Entrepreneur’s Obstacles

Let’s say you really need to have a side hustle or build a small business because what you and your spouse earn may no longer be enough to sustain the family’s needs. While you think it should be your next move, fear steps in, and yes, there are some challenges along the way, but there are solutions that can help you get through it.

1. Financial Constraint

When you are just new in business, you can get very ambitious. And I cannot blame you for that. However, you should consider how much money you have and how much you are willing to risk for the business. Thus, if you think you may need additional capital, taking a bank or a friend loan may help you start your business. Again, you must think things through about the kind of business to put up. While we know that having a business is like taking risks, take calculated risks to avoid losing money.

2. Lack of Idea

Creating a unique business may not be as easy for some. After all, there are so many factors to consider when putting up a company, such as the location, target market, the business concept itself, etc. If you are genuinely interested in starting your own business, seek advice from a friend or business consultant. It will help you gather ideas that will interest you and hopefully help you with the right kind of business.

3. Lack of Experience

Obviously, a successful entrepreneur demands experience. Not having the experience may make you feel “small,” thus becoming reluctant to start the business. That should not be how you should feel. So, if you are new to the business, you cannot put yourself out in the field “unarmed .”You need to equip yourself with the proper knowledge and skills, such as taking an online course on basic business management. Work with a mentor and stay “in the know” all the time so you’ll grasp the right mindset and set of skills needed in managing the business and handling people.

4. Existing Responsibilities

An entrepreneur indeed needs to wear many hats and feel that you can always hire people who can help you with some of your tasks. If you are still currently employed, having time for the business may become a problem an issue. But instead of giving up the thought of starting your own business, find ways to delegate those responsibilities that you think may hinder you from creating the business.

5. Fear of Failure

Let me tell you when I was starting my business, I had doubts if I could be successful because it is not that easy to find the right clients to work with. Plus, of course, not every prospective client may be willing to spend that much on mentoring. So, I questioned if this business I started would put food on the table. I focused on building a name synonymous with professionalism, integrity, capability, and confidence as time went by. Instead of focusing on fear, focus on what your dreams can do to your family’s future.

Individuals who are persistent and with enough grit can become an entrepreneur. Having rock-hard ideas gives a great chance of success for as long as the individual can adapt perfectly. However, you must also realize that not everyone may be cut out to become entrepreneur. Simply because they lack some factors that could make them one.

Here’s something to ponder:

If you think that startup life may be too stressful, intimidating, and might take up so much of your time. And that leaving your day job is still not an option; entrepreneurship is probably not for you. However, if you feel the pull of entrepreneurship and feel that this is something that can change your life, stop making excuses and do something about them.

Let’s cheer for new beginnings and new dreams for all of us!

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You may contact Armando “Butz” Bartolome for questions and more information.

by email:  [email protected]

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Website: https://www.butzbartolome.com