Issa Asad Explains Overcoming 4 Fears Preventing You from Starting a Business

The idea of leaving your day job to start a business can be scary. The uncertainties associated with establishing and growing own business may make you rethink your decision to become an entrepreneur.

“I know several people who let insecurity and uncertaintly challenge their desire to become an entrepreneur,” said Issa Asad Florida businessman and entrepreneur since 1996. Mr. Asad is the CEO of Q Link Wireless and Quadrant Holdings, located in South Florida. He is also the author of 4 e-commerce and marketing e-books that can be purchased on Amazon.

So, how do you make that bold move? Here Issa Asad Explains Overcoming 4 Fears Preventing You from Starting a Business:

1. The Fear of Humiliation

You fear that people, and especially your family and friends, will laugh at your decision to start a business. You feel that they will find the move unwise and likely to put you on the path of desperation.

How to overcome it:

While a few people may ridicule your decision, this fear is mostly unfounded and based on assumptions. The fact is, most people will be supportive, helping you to make your business idea a success. Get this notion of how negatively people will think of you off your mind, and the idea to start a business will begin to appear lucrative and a noble.

2. The Fear of Failing

It’s one of the worst fears that grips first-time entrepreneurs. You’re starting something new, so you’re uncertain about its outcome. You cannot imagine the experience of seeing your project fail, and losing your invested funds.

How to overcome it:

You cannot succeed if you never try. The world is full of successful business people who had to endure a string of failures in business before they finally made it. Accept the two likely outcomes; success or failure, and be prepared for any of them. Above all, train your mind to think success and not failure. Invest only a little when starting, and inject more later if things turn out as expected.

3. The Fear of Losing Friends

You fear that friends-or even family-will run away from you, cutting off ties with you because you no longer have a stable source of regular income. You’re concerned that your social life will suffer, and that it may make you feel depressed.

How to overcome it:

Unless your friends are jealous of your move to start a business, they’re unlikely to avoid you. You can overcome this fear by being financially prepared before opting to venture into business. Still, it would help have friends who have an entrepreneurial mindset.

4. The Fear of Inadequacy

Many people feel that they lack what it takes to become an entrepreneur; the skills, finances, and boldness. They fear that setting out while not fully armed with these requirements may destine them for failure.

How to overcome it:

While these attributes are important when starting a business, they’re not vital. You can easily succeed without them, so long as you believe in yourself and have plans that are well laid out. If the fear of inadequacy won’t go away, you can acquire entrepreneurial skills by enrolling for short business courses. And, in matters capital, looking for ways to boost it like borrowing funds would help.