Fear Of Becoming An Entrepreneur Essay

5 things that are stopping you from becoming an entrepreneur

Entrepreneurship is a process of generating, nurturing and converting the idea into an opportunity. It is the amount of willingness of an individual to develop that idea and the capacity to bear the risk while converting that idea into an opportunity that decides the degree of growth of an entrepreneurship.

All of us have entrepreneurship skills but due to one or more reasons we finish our journey before starting it. What are those reasons that are actually pulling us from taking off and preventing us from realizing our dreams?

Here is the list of reasons:

Fear of Failure: This is the biggest fear that haunts everybody before starting a new thing. This fear resists us from taking initiative and moving forward. And because of this fear we undermine our efforts in order to avoid the possibility of larger failure and that results in loss of that great opportunity lying along the way which otherwise could be grabbed if

Let us understand this with this example; Mr. A post graduated in business administration and he joined a good reputed company to which his parents were very proud. But after working few months in the organisation, he didn’t like working in it. He felt that he had no liking for this kind of corporate job and he started finding ways of getting out of it. He made self evaluation and found his liking was towards his hobby of making food. He was confident that if he starts his own venture initially as Tiffin delivery service, then could reach to new heights within very short span of time surpassing his existing job in terms of remuneration. But still he was finding very difficult to leave the existing job and start his venture, not because of lack of confidence or risk involve but it was because of fear of what his parents, relatives, friends or society will