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Afraid of starting a business?

by jbthemummy
8 replies
Someone I know has been doing internet marketing for a while now. Successfully. He has started online websites for lots of companies, including ecommerce sites that sell real physical products.

However, he has never done anything for himself. As long as he was 'hired' by someone for a monthly guaranteed wage, he wouldn't care. Now that he's married and just basically tired of working for others, he wants to start a biz.

I wanted to know what has been stopping him? Is it fear? Is it being lazy? Is it because as long as his bills are paid and has a little money on top he's okay? I mean if you have the skills, if you have had the results over and over, why not do it for yourself?

Is something wrong with him on a much deeper level is that's what is stopping him?

Love to hear from someone who might be in a similar position or even better . . . have been.

Thanks!
#afraid #business #starting
  • Profile picture of the author seonutshell
    I think for many people, in many different circumstances, this answer will be different for all of them.

    I think maybe people with families are more likely to take a wage, where people like me, who don't have people relying on them, will be more likely to take that dive and see what happens.

    When i first started my business, te thing that held me back was not fear of failing, but if i would be able to manage it if it did take of and get "to big for me".

    I would encourage him to just dive in and forget the things he's worried about because you can always cross those bridges when or if it comes to it.
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    • Profile picture of the author jbthemummy
      Originally Posted by seonutshell View Post

      I think for many people, in many different circumstances, this answer will be different for all of them.

      I think maybe people with families are more likely to take a wage, where people like me, who don't have people relying on them, will be more likely to take that dive and see what happens.

      When i first started my business, te thing that held me back was not fear of failing, but if i would be able to manage it if it did take of and get "to big for me".

      I would encourage him to just dive in and forget the things he's worried about because you can always cross those bridges when or if it comes to it.
      Thanks for your advice. Yeah to shed some more light, buddy's father is actually a very successful business man. Makes me wonder if that 'money blueprint' that T Harv Eker and couple other people talk about it's actually true or not. Maybe his money blueprint is screwed up. Sucks cuz dude is pretty creative.
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  • Profile picture of the author gsGolds
    the way he does his business is very secure, and an enjoyable career. i have an extremely similar career, building then selling.

    i believe in blueprints, i use it all the time.
    when you want to use blueprints, you cannot take it word for word, but see the functions that are successfully doing the work to achieve a specific goal.

    your buddy obviously knows how to do create functional sales and probably pretty confident with it is why a normal job isn't appealing at all to him. being devoted and maintaining just one entity and use your whole career with just that is what most do not want to do.

    Building and planning for companies that demands of a system that works for them instantly and seamlessly implementable to their existing company is a very different mindset compared to a startup planning for the lifetime of a business.

    it's just different breed.
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  • Profile picture of the author jessiewriter
    In freelance writing, I see a lot of people that don't try to write for themselves for a good profit. There are a lot of journalists that don't utilize their skills for content sites/blogs and/or ebooks.

    I'd say this results from two reasons, either both or just one of 'em: they aren't comfortable with working "on-spec" like that (not a guaranteed wage, realistically) and because there is a lot more involved. He would need to manage a lot more than just the core of the business, but all that entails being a business owner, just like the freelancers I speak of would.

    So I don't know him personally, but this is my observation based on what I know in my profession.
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  • Profile picture of the author Benjamin Farthing
    I write and produce VSL's. Yes, I could put together my own products and sell those. But knowing rent is due at the end of the month keeps me spending most of my time on projects I know I'm getting paid for.

    Another reason, which probably isn't common: I write novels. I only have so many hours per day, so I spend time writing novels, and then I spend time working on VSL's. Creating my own product would be passive income. I already spend 1/4 of my work day on passive income - my fiction. I need to spend the rest of the day bringing in money now.

    Working freelance also cements in your mind how much your time is worth. When I'm creating a VSL for someone, I'm making between $60 & $90 per hour. If it takes me 20 hours to write a how-to guide, and another 20 to write my own sales letter, it's essential costing me around $3200. Sure, creating my own products has a big potential, but I'm giving up a lot of my valuable time to take that risk.

    Just my 2 cents.

    -Benjamin Farthing
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    • Profile picture of the author jbthemummy
      Very interesting responses guys. Yeah guess some people are not designed for running their own business eh???? Too bad, he'll always be giving up 8 hours of his life to someone else and have someone else control his freedom.
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  • Profile picture of the author John J M
    I can't only speak from experience. While I am successful in a couple things at the moment, I know I could do more. What often stops me is lack of passion for the particular kind of business or impatience. I'm a big thinker, so I want to scale much more quickly than I often can. The reality is that all businesses take time, but I think that can be an intimidating thing to consider.
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  • Profile picture of the author webmonopoly
    Not everyone is business motivated. Some people might have the skill but feel its too much too take on all the responsibilities as a business owner.
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