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The 4 Biggest Psychological Barriers for First-Time Entrepreneurs

  • Broadcast in Business
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Running a successful online business often means taking care of practical problems. Most of them can be dealt with given the appropriate skills, a little know-how, and some hard work. What holds us back from reaching the dizzying heights of the success we dream of is a completely different species of problem altogether.

  1. The Uncertainty Barrier

    The underlying belief here is "Success isn't guaranteed - so I will probably fail".


    2. The Loneliness Barrier

    This belief here is "I will have to do everything myself. It's me versus the world, and there's no real support".


3. The Self-Esteem Barrier

You may secretly hold this belief - "I'm not smart enough, tough enough, or rich enough to make it".
4. The Trust Barrier

The problem here comes from believing "You can't trust anyone these days".

How to Break Through

 

  • It's true that not all people are trustworthy, so take sensible steps to protect yourself with written agreements where possible. In addition, accept that at some point you're going to have to trust somebody.
  • Build trust with others over time by consistently delivering on your promises, and acknowledging when they deliver on theirs.
  • Have trust in yourself that you'll be able to deal with the disappointment when others don't keep their promises.

People who need to listen to this show are entrepreneurs, career coaches

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