It’s a simple question, but one, I’m sure, will solicit a plethora of answers. I previously asked what the ingredients to starting a company were, and I’m sure part of the answers are there, e.g.:

• I don’t have a good idea
• I don’t have the knowledge
• I don’t have the team
• I don’t have the money
• etc.

On the other side, there’s the risk-component, e.g.:

• I can’t bear to fail
• I don’t want to go into debt
• I got kids
• etc.

The people that do start businesses have a number of characteristics, such as:

• the non-desire to work in a regular job
• a network of people that they bounce ideas off
• a stuburn belief in oneself and the idea
• the willingness to take risks to get to where you want to go
• the love for it

I’m still figuring many things out myself, but one thing that I do believe is that life is like a computer that can be programmed.

• You can come up with a good idea and figure out a system of how to research its viability.
• You can find people everywhere to talk to about your ideas and how to set up your business
• You can get money with a good idea
• And you can create tons of positive signals that boost your self-confidence and the belief in your idea.

But it will always be an opportunity cost, between the risk that you take (losing a steady income, endangering your home-situation, etc.) and the upside, that you actually get to do what you want to do (sort of: your customers are still your boss).

So what’s stopping you from being an entrepreneur?

Vincent

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