I'm currently working on starting my second company and let me say part of the thrill/fear that never goes away is the fear of failure. Even one the business is running you will still get scared from time to time. Most people I know who form sucessful businesses tend to never be satisfied. They lay out a goal and go get it. Once there they pick another one. So you will alwyas be able to fail. But then again, if it was easy, everyone would do it, no?

Some days will be harder then others, just last week I went from knowing I couldn't fail to wanting to throw in the towel and go home within hours. And it wasn't triggered by an ouside source. It was all internal.

I say learn to embrace the fear. When you succed it will be all the sweeter because you fought through the tough times. And try to remember when in the tough times, they will pass. starting your own business has far more highs and lows then working for someone else but in the end you control your own destiny.

If all else fails, find a friend who doesn;t try and solve your problems and will listen to whom you can download. they will be invaluable.

Trevor

 

 

 

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I would like to say that it is important also to start buisness and lose money and lose your buisness. Because you gain always important experience. I said to myself before I start my buisness I prepare to lose I prepare that it will not work and that it will not be successful. However I also told to myself very important thing and that is that my tenth buisness idea will work and that I will earn some serious money.

So if you don't get it self confidence is important. And you must be prepared to lose few times before you gain. And before you reach the level of experience needed to prove yourself and to gain some serious money to attract regular customers and to become well known. It is all about confidence because 99.99% first buisness ideas fail in first several months. People just leave and continue on but they don't consider what the impact it has on them they don't see the harm they say yes it was good idea but I failed because of following reason and I will not try any more buisnesses anywere and anytime. This is just wrong because then you will go to some company and ive them your ideas which will be sold and company may gain some serious money however you will be still paid so small that it is incredible. And this is the worst thing after while you will realise what have you done and then what will happen nothing you might eve kill yourself. This is bad really bad.

SO if you have idea try to stick to it. Do you know that Microsoft Windows on which Bill Gates and Company earned so much money isn't in fact their initial product idea is from the company called XEROX which failed to sell this to the IBM and then they gave it to the Apple Computers INC. which eventually gave this product to the Microsofto for research purposes. So you see how things go in the real buisness you should keep up all the way and try to sell your idea at any cost.

Just keep up on your idea and tenth time you must succeded.

 

 

 

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Well you see if this is your first time startin something like this then better not take any risks. Like me for example I am so into starting my own web hosting solution so I took something like free reseller and I got all my sources and managed it. If you have sources look to exploit them and get their help in your business for example I had friends that were server owners and I had done some web designing for them so they actually gave me free reseller. No one wants to risk money but if you KNOW you will succeed then DO IT!

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OK I agree with you that noone wnat actually to risk their money but if you check out you are playing Loto games. You are going sometimes to Casino you play Bingo in every and each of the examples and games I counted up you must note that there is less chance that you will win then when compared to starting of your own buisness. So buisness is not so risky solutions after all. And I would like to add that if you are ready to start your own buisness then risk some of the money because otherwise you will earn much more if it returns. However don't lose faith if you don't succede because you must try again and once you will succede.

The one that does not risk doesn't profit.

Hopefully I spelled that and combined well.

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i believe overcomming the fear of starting a buisness is to just go for it. i mean if its what your heart truly desiers then go for it if you put work towards it and don't give up then it'll work you can do anything you want if you believe in your self. i mean look at me i have my own game company and its because i found reliable people and i believed in myself and worked hard for it. i didnt give up nor will i this is what i want to do with my life and it is what i'll do
i have faith and that and a little hard work is all it takes and thats what i'll put into it. i'm putting everything i got into it and i won't quit and my employees won't either because they beleive i have something good going on here and they want to be a part of it so we are going to make video games and we will make it in the industry.

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Hey its always very thrilling in life to take risks. When you want to do such things. You got to have a daring attitude to take any risks. you must also be ready to face the negative consequences if any. We Must also realize the real worth of taking the risk and also realize the big leap we would get if we overcome and execute this risk. In your case resignation of your existing job is an extra risk in addition to your risk of doing a new business.

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Dear Feedcare, I can thoroughly understand your current complicated feelings: hopeful and fearful, excited and disappointed, believing and unsuring, since I have gone through a similar experience. The essence in this matter is to weigh the benefits and risks.
Though small the business I opened, I think the essence are just the same.

First, I discussed with my best friend about my plan, exploring tailed crystal present market. In this way, some pressure can be released to some degree since there is always a partner beside you, supporting you. Here comes the fearful question: how can we open the completely new market in a two-month-long summer vacation? how can we keep the financial balance since neither of us have related experience?

Secondly, we referred to some similar out-craving cases from our relatives. In this way, we got a clear outline of the potential difficulties, risks, as well as chances. Afterwards, a more detailed plan came out: using famous B2B website as our base to promote our products and brand, selling accessories to keep balance. This time, another question came out: Can it work? How if we failed?

Then, both of us consulted to our parents about the maximum failure they can bear with, since most of the initial finance came from them as an investment. Thus we got an approximate agreement: no matter what the result would be, success or failure, we can bear with the worst deficit if it happened. In this process, the most important thing is to judge your expectation: not too high.

Finally, we just kept balance in finance after vacation-long operation. However, we became more mature in the communication with customers, cooperating with partners, managing finance, setting the prices. After all, we came through the hardship-a great treasure to both of us.

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Well if I were to start a business then I wouldn't just quit my job and start working on it as the business initially takes time and investment to work and if you quit your job then I doubt you would succeed unless you have a good amount saved up to cover your expenses and investment you need to do in your business.
I would say that just keep your job so the fear is minimized and work on your business. Set out a plan on how to progress business like the market research of what you want to do and stuff.
Invest time into your business and work your way up and when the business becomes stable you can then quit your job.
Best of luck to anyone who wishes to venture into starting their own business.

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