THE FEAR OF ‘NEW’: STARTING A STARTUP
By definition, ‘New’ means,
not existing before; made, introduced, or discovered recently or now for the first time.
already existing but seen, experienced, or acquired recently or now for the first time.
Based on this meaning, ‘new’ beginnings can be a scary thing. Stepping into the ‘unknown’ is always a risk that many are not willing or brave to take. And, what is one of the biggest ‘new’ steps you can take? Something like starting your own company maybe.
Starting one’s own venture is one of the biggest challenges anyone can take on. There are endless things that have to be kept in mind on different aspects, including (but definitely not limited to):
The internal forte in the face of setbacks that could result from external forces as well as internal feelings of doubt.
The mental aptitude to be aware of that fact that the idea may not take off as expected.
The financial resources to initiate the corporation and sustain all costs and expenses during the early times when there is no monetary inflow.
Self-confidence in the face of endless unanswered calls/emails, rejections, non-alignment of interests within professional circles.
Striving through Hurdles
Speaking from personal experience, I can think of so many times when people around me may not believe in the ideas/products that I talk to them about. I feel that it is always good to have discussions with others to get their opinions and perspective on what I am working on or trying to sell, but I also know that it is imperative that I maintain my internal faith in the product(s) that make my corporation. Sometimes the feedback from others can be used to improve my work; at other times I should simply side-track the feedback and continue on my path. Also, how I can convince a varied array of people about how they can benefit by availing our offerings if I do not stand by my corporation, and all it has to offer, 100%?
Secret to Success
I can firmly state that the single, most important factor for long-term success when starting out on your own is the complete and utter belief in yourself and your dreams at all times. Coming up with “the” idea that will form the central cog of your entrepreneurial wheel is a major kick-off to the whole process of owning your own company; however, total trust in your instincts and business savvy through and through is key for overall success. A quote that comes to mind at this point is,
“Confidence comes naturally with success, but success only comes to those who are confident.”
Furthermore, in order to enjoy long-term success as an entrepreneur, one needs to consistently think out-of-the-box and persistently apply oneself to transforming ideas into tangible products and services. One needs to work continuously towards maintaining one’s niche in an ever-competitive market by keeping abreast of current trends, expand professional connections, and keep churning new ideas to add to the corporate catalog.