5 obstacles entrepreneurs need to overcome


Whether you are starting a new business, launching a new product, or building your brand, you undoubtedly have many of challenges ahead of you.

If being a successful entrepreneur was easy, everyone would be doing it. Of course, success is definitely possible, and if you are truly determined you increase your chances of success by 1000 percent. And if you can overcome the following common obstacles to success, you will give yourself the best possible odds of achieving your goals.

  1. Thinking, Not Doing

The first stages of a new business idea or new venture are all in the mind. You need to spend time thinking about all the strategies and processes involved in achieving your goals. However, there comes a time when you must act. It is far easier to think than to do, and some people can get stuck in the planning stage.

The only way you are going to make your ideas a reality is by getting out there and taking action. Of course, this can be scary, but pushing through the fear with action is the only way to succeed. Many famous entrepreneurs have simply acted on their ideas and then followed through with what was necessary to see it to fruition, but as Tim Ferriss says “You should not make a product and then find your market.”

  1. Trying to Please

No entrepreneur became successful by trying to please everyone, all of the time. When you develop your business plan, you must be careful not to dilute or distort your idea by trying to make everyone happy or worrying too much about what others think.

  1. Blaming Others

There will be times when everything seeming to be going wrong. This is a natural part of becoming an entrepreneur. However, focusing all your thoughts and energy on blaming someone or something else for your struggles just drains you of the energy you need to findsolutions for overcoming them. Accept responsibility where appropriate, and try to let go ofany anger you feel aboutthingsthat are outside of your control.

  1. Lack of Self Confidence

If you are putting up barriers to your success, no one else will be able to tear them down. You need to believe within yourself that you really can achieve your ultimate goals. Many of the people who have made a difference before you have achieved great things simplybecause they had a great deal of drive, determination, and self-confidence.

  1. Being Closed-Minded

Always be on the lookout for ways to develop your skills and understanding. Stay on topof what is happening in your field, and try to keep that creative spark alive and continually learn more about the world around you.