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Going from Pay Check to Payoff: Making the Transition from a Job to
Owning Your Own Business

7. Finding the Inner Courage to Act

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Perhaps the hardest part of starting a new business is finding the self-confidence to finally act on your dreams. Would-be entrepreneurs often endlessly research their prospective ventures, preparing countless spread sheets and asking everyone, “What do you think?” It's almost like they are looking for reasons why they should not go into business. Their business becomes “re-search,” and they become victims of “analysis paralysis.”

Other aspiring entrepreneurs convince themselves that they must have a partner to go into business with them. When they just talk their friend or brother-in-law into going into business with them, they believe they will go ahead. How-ever, such individuals often are seeking a “security blanket,” and seldom go into business.

Emotions and feelings of uncertainty and fear are natural when starting one's first business. It's a rare individual who goes from the “security” (perceived or real) of a job to business ownership without experiencing such concerns.

What separates the dreamers from the doers, though, ultimately becomes a matter of self-confidence. After the research has been done, the market evalu-ated, the business plan well developed, and the light is “green,” the self-confident move ahead, while the dreamers find other distractions or turn their attention to other interests.

Summary

Apprehension about the lack of a regular pay check during your business startup phase is normal and something experienced by most new entrepreneurs. The point, though, is to not let yourself become so paralyzed with fear that you start second-guessing and doubting yourself to the point that you doom your business.

Words on a printed page and personal encouragement from family members and friends will not alone overcome your apprehensions. While some of the steps outlined above can help in your transition, only motivation, determination, and will power to move ahead can overcome your anxieties and put you on the path to becoming a true entrepreneur.

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