In this article we will be discussing the fear of entrepreneurship. The very essence of an entrepreneur is someone who is willing to take risks in the hopes of a profit. Someone willing to put everything on the line for the chance, the opportunity, to make something for people. That is the very scary thing about entrepreneurship.

But it doesn’t have to be. Yes, the idea of starting on a clean slate and having to build something from the bottom up may leave some people feeling uneasy. But entrepreneurship is all about taking risks. No entrepreneur could have known they would have been successful (or unsuccessful) when they first began their journey. Entrepreneurs live by the phrase “There’s only one way to find out”. And there truly is only one way to find out. And if taking the risk seems frightening to you, and understandably so, there are some tips we can offer you to overcome the fear of entrepreneurship.

1. What are your resources? And what can you do with them?

You’d be surprised at how much can get done with a small amount of resources.

And these resources can be things as small as a computer and internet. You don’t have to do much, but you have to start somewhere. A small business plan template, reading up on an article about the industry you wish to venture out into. Anything! Anything that can help you make progress, without much effort.

Economic resources can be factored in. Where do you live? Where do you work? Who do you know?

You have to have some sort of economic stability when venturing out into the world of entrepreneurship, just on the chance that things don’t go how you’d hoped. And this brings us to our second point.

2. Set your expectations correctly.

Most young and inexperienced entrepreneurs go into starting their businesses with the false assumption that their businesses will catapult to overnight success.

This is often where some businesses fall short as entrepreneurs have sent unrealistically high expectations for themselves very early in their entrepreneurial journey.

Most businesses don’t start making money until 6 months (at best). And even this money is very little, far and few in-between.

It’s good to set expectations and have goals for where you want your business to be by when, but these expectations have to be set correctly or else you might be in for a surprise.

Granted, different industries require different work and preparation. There is no rulebook to being an entrepreneur. All we’re saying is don’t expect too much too early. Allow yourself to fail and get back up again. That’s what being an entrepreneur is all about.

3. Don’t Delay Any Longer!

If you’re considering starting a business, and are in the financial state to do so, the DO IT!

As we’ve stated countless times at this point, entrepreneurship is all about taking risks.

A lot goes into starting a business and it is definitely not something to be taken lightly. This being said, overthinking isn’t your best friend. As mentioned before, you can start a business with as little as a computer and some wi-fi. There’s no need to delay your dreams any longer. You just have to dive into the pool to start swimming.

This is a lot easier said than done, but it needs to be done regardless. There’s never going to be a sign to follow your dreams. Your best bet is to take the risk and see where the current takes you.

Hopefully you will be able to overcome the phobia of becoming an entrepreneur and learning how to take those first steps. You could surprise yourself and thank yourself for taking the risks you were so scared to take!

At the end of the day, we here at the Tati Digital Connect, want you to have the best entrepreneurial experience you can. We always want young and bold people to be rewarded for their hardwork, and we know how scary and difficult that might be. With these tips, we believe it will become significantly easier to try entrepreneurship on for size. It has never been easy to try new things, but no one could have known how their business would have ended up without trying and taking the chance that entrepreneurship might be worth it after all!