5 Reasons You Haven’t Started Your Business (and How to Fix It)

You’ve worked hard to get to where you are — living in a nice home, earning a good salary, and enjoying the lifestyle you’ve built. Yet, deep down, you feel something is missing. Maybe it’s the thought of building something of your own. Maybe it’s the desire to break free from the constant grind of working for someone else. Starting your own business has crossed your mind more times than you care to admit, but you haven’t taken the plunge for some reason.

Many dream of starting a business but need help taking that first step. It’s not a lack of ambition or intelligence but rather a handful of mental and practical barriers that keep most of us from getting started.

If you’ve been thinking about starting a business but can’t seem to pull the trigger, here are the five most common reasons why — and the one simple trick to overcome them all.

1. Fear of Failure

Most people don’t start their businesses because they fear failure. It’s a massive mental block. The thought of losing money, wasting time, or failing in front of others can be paralysing. After all, starting a business isn’t like switching jobs or picking up a hobby — there’s more at stake, right?