Dont Fall for These 7 Traps

Posted by Steven Teo under Starting Up,
November 28, 2007

Startup Students: A lot of people have a Great Idea. It might be a new invention or a local service business. Unfortunately for consumers, many would be entrepreneurs are waiting for “the right time” to start their Real Business. They have plenty of reasons (excuses) for the delays. From lack of time to lack of experience, our minds have creative ways of rationalizing our fears.

Here are 7 common excuses for not starting a Real Business, along with strategies for overcoming internal fear, uncertainty and doubt (”Internal FUD”).

1. I’m too busy right now. I’ll start when I have more time.
2. After I get an MBA, I’ll be ready to start up.
3. I hate sales.
4. I’ll do some research after South Park.
5. I don’t know anything about business.
6. I don’t have startup capital.
7. Before doing anything else, I need to write a business plan.

7 Lies That Prevent Your Great Idea from becoming a Real Business [Startup Students]

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