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Three Myths That Stop People from Starting a Business

Published by Ronald Parisi on April 26, 2021

If you have an idea, product, or service to offer, it has never been easier to bring it to the market. Everywhere you look there are entrepreneurs making a name for themselves in the business world. Whether it is a 20-year-old college student in his dorm room or a single mother creating a best-selling book, it is clear that the opportunities to start a successful business are abundant.

Unfortunately, we are conditioned to believe the exact opposite. We are warned that starting a business is expensive, risky, and very likely to fail. While it might not be a cakewalk, it is not as hard as we are often told it is. So today we are going to debunk 3 myths that stop people from starting a business.


It Costs Too Much Money

Thirty years ago, the startup costs for a business were a lot more than they are now. Today, though, you could start a company with very little and still become incredibly profitable. In the current day and age of remote work, an entrepreneur has the ability to completely run a business online. No physical office overhead or bills, just a computer and an idea.


It Is a Huge Risk

While starting a business is certainly not guaranteed to work, it is no riskier than starting at a company that is already established. There once was a time where starting a job at a big company straight out of high school was the safest career choice. But we learned from the recession that even well-established corporations are not safe from a bad economy. When you are an entrepreneur, your career depends on your own efforts, not on a company’s decision to downsize.


You Need a Great Idea

Starting a business does not require a brilliant idea that no one else has ever thought of. It could simply be taking the skills you already have and going out in your own to utilize them. Turn your hobby into an amazing business venture, or freelance doing what you are already doing at your current job. Whatever it is, you just have to give it your all and make it your own. If you sit around and wait for the perfect idea, you will be waiting a long time.

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