6 More Excuses That Prevent Wantrepreneurs From Becoming Entrepreneurs

Posted by under Business . Updated: January 7, 2017

A few days ago, I wrote about the six most common excuses for not starting a business. Today, I’m giving you six more.

7. I’m an introvert.

Being an introvert should not be a barrier towards starting a business. In fact, because they are “natural-born listeners”, they are more likely to hear what most people complain about.

Introverts are also good problem solvers, psychologist Laurie Helgo wrote about how she found that introverts have a more active frontal cortex, the command center for complex mental activities.

Combine those two qualities and you’ll have a person who can most likely find a solution to a social problem that can eventually be turned into a business idea.

Additionally, introverts can always hire people to do the sales, marketing, and other tasks that require talking to a lot of people. They can focus on developing the business instead of going out in the field.

8. I don’t know how to compete with XYZ business.

Everyone used Yahoo! before Google came into the online search industry. People connected through Friendster, MySpace, and Multiply even before Facebook dominated social networking.

There are a lot of companies today which started small and at a time when there’s already a Goliath in their industry. But eventually, they learned how to successfully compete and take the top spot.

Their secret? They went ahead and started the business. They took action and learned how to compete and stand out along the way. Courage and persistence made all the difference, and it will be the same for you.

9. I’m concerned about what other people would think of me.

This is the reason why I always encourage wantrepreneurs to pursue a business that’s in line with their passion and interests. When you’re doing what you love, then other people’s opinion of you doesn’t matter much.

Who cares if a lot of them think that your business idea is silly and won’t work? Go out there, have fun, and prove them wrong.

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That’s exactly what happened to Gary Dahl, the inventor of Pet Rock, who in the end, laughed his way to the bank with millions of dollars.

10. I’m just waiting for the right timing.

No. Don’t wait for the right timing. That will NEVER COME. There will always be something that’s not in sync with your plans. And the solution is to just go ahead and work your way around and through the obstacles.

Things will never be perfect. What’s more important is to progress — take baby steps and work your way towards a successful business, one day at a time, one month at a time, one year at a time.

11. I’m not smart enough to start a business.

Intelligence is not a prime factor to run a successful business. What I learned is that you can always hire intelligent people to run your business.

What’s more important is belief in yourself and your business idea, as well as having the commitment to work hard and push through until the end.

Besides, learning is lifelong process. If there’s anything you don’t know, you can and should always find ways to study and eventually learn them.

12. I don’t have business skills.

They are called “skills” because it’s something you learn, nurture, and eventually enhance. Skills are not inborn. They are learned by study and practice.

Furthermore, the fastest way to learn these business skills is to actually start a business. For as they say, experience is the best teacher.

And when it comes to experience, there are two ways to approach this. First, you learn from the experience of others. Hear the stories and lessons of successful entrepreneurs.

And second, you learn from your own experience. With the guidance of mentors and business coaches, you can avoid costly mistakes, save time, and eventually build a business that will transform you from being a wantrepreneur, to a full-fledged entrepreneur.

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One Response to “6 More Excuses That Prevent Wantrepreneurs From Becoming Entrepreneurs”


  1. […] Or read Part 2 of this article: 6 More Excuses That Prevent Wantrepreneurs From Becoming Entrepreneurs […]

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