5 Obstacles to Success

15 12 2010

This week is the first in a three-part series where we review 5 Obstacles to Success in growing your business.  As you are most likely aware, there are many obstacles to be overcome while growing your own home based or small business.  Many are not of your doing, but there are some that you may personally be responsible for.  We are going to review 5 obstacles that you may have personally introduced to your business.

The first obstacle that we all have to overcome is that of Fear.  When you are considering starting your own business, the biggest fear you may have is that of losing the money that you invested.  Nobody likes losing money, and it is a very legitimate fear.  The key to being successful in business is learning to manage that fear.  You do not really want to lose your fear, just learn to control your fear and to mitigate your losses.  Being afraid to lose your money is a reasonable fear, but you can’t be afraid to take chances.  If we were afraid to take chances, we would probably all still be living in caves.

The next obstacle to your personal business success is Cynicism.  If you start believing all the “nay sayers” about how they knew someone who knew someone who failed in a startup home business, you will never succeed.  The people that are always telling you that your ideas won’t work for a myriad of excuses are the truly frightened people.  They don’t want to see you try because you just might succeed. These so called friends will provide you every reason under the sun for why your idea won’t work.  When in doubt about what to do, the only people you should take advice from would be experts in the particular field that you are in.  You do not buy a house from a car salesman, nor would you got to the local auto mechanic when you need to have a medical procedure done.  All other people who do not have specific expertise or experience may not help you and they may even cause you more problems in the long run.

It is important to do your research, and to ask a lot of questions.  It is also OK to talk to people who tell you your idea may not work.  The difference is how you handle the information you receive.  If you are able to learn from the mistakes of others, or even learn from your past mistakes in order to improve your business success, then that is a good thing.  You need to learn to identify what you really want and then be able to stick to that list of things you absolutely want.  How many people do you know that will give you every excuse in the book for why things didn’t work for their business?  How many of those people took that failure as a reason to build a new business with a modified business plan?  Did they learn from the mistakes they first made?  Were they willing to try again, using a different angle of attack?  There are many experts in many fields.  Learn from them, they too most likely made many mistakes before becoming successful.  Find out how they kept on and do what you can to be successful too.

Next week we will continue this series with two more obstacles of the 5 Obstacles to Success.

If you are looking for a second income to supplement what you are currently doing, please feel free to explore our website.  We offer several home based business opportunities and are more than willing to discuss in detail any opportunity you are considering.  We offer Pre-Paid Legal Services, Stem Cell Nutrition and can assist you in starting up your own waterless detailing business.  You only have to ask.

Until next week…

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6 responses

15 12 2010
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16 12 2010
solar power

very informative Blog on alternative energy

16 12 2010
jobs newcastle

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16 12 2010
Property in mohali

Thanks for the idea ? I haven?t reviewed any filter bottles ever, which is why I don?t tend to recommend them, however, my pals who have used them like them. Most I?ve seen are plastic though which is another downer. I?ll have to look into your stainless

16 12 2010
Stephanie

Another great post Holly. Always well written and very informative.

Keep it up!

21 12 2010
5 Obstacles to Success – Part 2 « Hawgwash's Blog

[…] week we introduced the concept of 5 Obstacles to Success.  We discussed the first two self-imposed obstacles to your business success – Fear and Cynicism.  This week we are continuing the discussion to help eliminate 2 more […]

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