5 Issues Entrepreneurs Face And How To Deal With It

By September 6, 2015Entrepreneur
5 Issues Entrepreneurs Face And How To Deal With It

So you are an entrepreneur? And you want to take the world by storm with your product, service or maybe even a business opportunity that you are particularly enamored with. However, you keep coming against certain brick walls and everything does not always go according to plan.

And yet, there is a compulsion within you to keep moving forward because you must. You have dabbled in the past at doing your own business and you quit but you always get drawn back to it, don’t you?

So you may have well face this stuff head on, right?

So that you do not have to go through another cycle again.

Another cycle of starting, finding it hard and then stopping, trying to settle into a normal life and hating it and then starting up again. This cycle can take anything from a few days to a few years and surely, you are fed up of doing this.

Can I solve your every issue in this article, no? But you can at least get aware of the more common issues, right?

1.    Not enough leads

You have this awesome idea but for whatever reason, it proves hard to convince anyone else that it is a great idea and so you struggle to get leads.

Question: Do you have a system in place to collect the contact details of prospects and stay in touch with them? Or are you trying to sell them on the first pass and needless to say, it is not working. Not everyone is ready to buy right now so get their details and follow-up with them regularly.

 

2.    Not enough money

Yes, I hear this one frequently as entrepreneurs think that they must have a whole lot of capital to get started. I would suggest to you that you are lacking in resourcefulness if you think money should be allowed to get in the way of your grand idea. Start to see the abundance everywhere and recognize that all the money you need is available if you will do what it takes to get it. If you do really need a lump huge sum to start which is not the case for most solopreneurs, then you can find capital from people who have it. You may have to jump through a few hoops to get funding and in these days of crowd funding, there are so many more avenues to venture.

Question: Do you believe enough in your idea to use someone else’s money and know that you will do whatever it takes to get a better return for them? If not, then change your business idea to one you can really get behind.

Remember, you do not always need as much money as you think. What can you do with what you have?

 

3.    Not enough time

We all get 24 hours in a day and some people manage to make a whole lot of stuff happen in that time so why not you?

Question: What have you decided is a priority? See where you spend your time and understand that those are your current priorities. Are they representative of what you want to be doing with your time? No? then change it. If you want to grow a business in an already busy life, then some things have to give in order to fit in your new priorities. Ask yourself if what you are doing is getting you where you want to go, if not, then it needs to stop. Simple and short.

Anyone with enough motivation can find an extra hour a day so again, I will ask you if you truly believe in your idea. IF you do, then nothing will stop you from finding a way.

4.    Not Enough Knowledge

Yes, this may be valid if there was no google search engine, no books in the library, no coaches or mentors to show you the way. There is all these things so why would you not avail yourself of them. You can talk all you like about how you do not know which one to trust but you have to start somewhere.

There I always something to learn, for sure but for now, decide what you need to understand first to take the next step. That is all.

Get a coach to hold you accountable to taking action on the knowledge you do have because I find that you always know more than you realize. It is usually that you are not applying what you do know. You keep thinking there is something else to learn in order to make what you know work. But there is nothing.

You just need to apply what you know.

Question: Do you know enough for the next step? Yes, then move. Stop second-guessing. Move, tweak and move again.

5.    Not enough confidence

I would say this is the underlying thing in all of the above issues. If you lack some self-belief and confidence, then you will use all of the above as reasons to do that stop-starting thing you do.

Unfortunately, this becomes a self-fulfilling prophecy because you are trapped in a cycle of not having enough confidence to be consistent in the steps you are taking which means that the results you get are mediocre at best which affirms the lie you tell yourself that you are not good enough and so on, it goes until you reset it. Or you drop out the bottom and go back to work for someone else where they affirmed you all the time and paid a salary that affirmed you every fortnight or month.

Take a minute to get clear on what you want and whether there is any part of you that doubts you. Pull it out, face up to it and convince yourself that you are enough. Work with a coach, a mentor and start to see that you are not alone in feeling incapable and yet every day, people who feel that way go on to build incredible businesses and lives. Why can that not be you?

Your fears, your doubts do not need to hold you back.

You can choose not to let that happen.

And if you want more information on how to grow your business, here is a free business growth pack for you – RosemaryNonnyKnight.com/toolkit

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