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You are here: Home / The Monthly Guide / Are Obstacles Getting in the Way of Your Business?

The Monthly Guide / Are Obstacles Getting in the Way of Your Business?

February 2019

Are there roadblocks stopping you from starting your business?

Can you identify what they are?

Many obstacles are caused by your perception or your limited outlook.

Some are outside forces that are getting in your way.

Regardless, you must deal with them to move on.

Here are the most common barriers that can sabotage your goals.

Fears.

You may have great skills, talents and a passion for a great idea, but fear is stopping you. Fear of failing is a common fear, but there are others. Fear of success. Fear of change and the unknown. Fear of looking stupid.

For a complete discussion of fear and how to overcome it Read Is Fear Getting in the Way of Your Business?

Negative Beliefs

Negative beliefs are a huge stumbling block. If you don’t believe that you’re worthy of success, or you tell yourself you don’t have the ability to run a business – that’s exactly the results you’ll get.

You need to change your limiting beliefs in order to succeed.

Whatever you think you lack, make improvements in yourself. Read, learn, acquire new skills, grow and become a better version of yourself. As you do, the negative beliefs will fade away and you’ll be able to go after your goals.

Habits.
Habits are deceptive obstacles. There are good and bad habits. But if your habit sabotages your ability to work on your business, or acquire new knowledge – then they need to change. Read about habits and how to change them. There are many books and articles dealing with establishing better and more productive habits.

Developing better habits can be done one small step at a time until it becomes a habit that helps you achieve your biggest goal.

Inaction.
Inaction is a trap we all fall into. It’s easy to do nothing. It’s painless to dream about what you want and plan what you’ll do, then to actually do it.

It’s easier to take a little action once in a while and fool yourself into believing your progressing, then it is to have a plan and work at it every day. Without steady movement, there’ll be no progress.

Mindset.
Mindset is key. The wrong mindset can be the greatest drawback to your success. If you believe that you have only a certain ability and you can’t ever be better, or there is only so much in the world and you can’t get a piece of it —then you’re suffering from a scarcity mindset.

Change your outlook and develop an abundance mindset. Believe that you can have what you want if you work for it. Believe that there’s enough in the world for you to achieve your goals. And then learn what you need to learn, and do what you need to do. Stay open to ideas and opportunities. You’ll develop a more positive view and increase your capacity to act.

People.
People can stand in your way, too. You may find that people in your life will be non-supportive of your dreams and plans. It can be a spouse, family member or friends. They may add to your self-doubts, or warn you of terrible consequences if you start a business or leave your job.

Recognize these naysayers and don’t let them interfere with your objectives. If possible, stop sharing your intentions with them and find like-minded people who you can talk to, and will listen to you and offer sound advice.

Money.
Money can be a barrier, but it needn’t be. You may believe you can’t start a business without money. That you need to find investors or secure a loan.

In most cases, you don’t need big sums of money, nor will it be easy to get. Instead, you can bring your business far by self-funding. To look at some money options, read  Why You Don’t Need Outside Funding and What to Do Instead.

Limited time.
Time is limited for everyone. You may identify time as your biggest obstacle because your work, have children to care for, or a parent that needs your help. While these are clearly constraints to working on a new business, they don’t have to doom you to stay at a job.

Carefully, schedule the time you do have, (commuting, lunchtime, after everyone’s asleep) and make the most out of what you have.  Plan to take the most important actions first. Those things that need to be done before anything else and will have the most impact.

Problem Situations.
Any situation can suddenly appear and get in your way. Accept that problems will occur and stay flexible. Identify those that you see as a potential problem, such as a new rule or regulation, or a change in procedure. They could delay the start of your business. Consider the things that can go wrong and plan for them.

Next Step

Think about which of these nine obstacles is stopping you. Maybe there are several. Maybe there are others that are not included here. Whatever they are, identifying them is the first step to changing them. Finding and eliminating roadblocks is as important as every other part of planning your business.

Even with the perfect idea, obstacles can derail you from moving forward.

Conclusion

Don’t let obstacles stop you. If you want it badly enough, you can and will work around it. You are the ultimate obstacle.

If you need help finding an idea to start your business, check out the Idea Finder Course and Brainstorming Session.

Already have a business and want insights, brainstorming, and the support of your peers? The Business Start-up Mastermind Group offers the help of a small group of like-minded people.

I’d Love to Hear Your Feedback.

Have you put together a marketing plan?

If you have a plan, is it working for your business?

Do you make changes when it’s not working as well as you want?

Please share your experience in the comments below.

 

Links You’ll Find Useful:

Here is this month’s selection of six educational and relevant articles from some of the best sites on the web.

 1-  No Inventory Required: 7 Low-Investment Business Ideas You Can Start Online

If you are looking for a new, low-cost online business idea, Braveen Kumar from Shopify, has listed 7 great business ideas for beginners or anyone with a busy schedule. And the best part of these ideas is that no inventory is required, making it an easy entry into becoming an entrepreneur.

 

2- Why it’s so hard to stick to your goals (and How to Make it Easy)

 Why do we set goals, but then fail to reach them? Scott Young explains his reason why — our actions don’t match our intentions. He continues describing the action-intention gap,  and a simple three step process of how to close the gap.

 

3- How to Promote Your Blog Posts Using Social Media: A Guide for Marketers

In this article by Melanie Tamblé, you’ll discover how to successfully cross-promote your blog posts on top social media platforms, to help deliver a steady stream of visitors to your blog.

 

 4- Why Influencers and Micro-Influencers are a Big Deal

 In this post, Lillian De Jesus shares why influencers are such a big deal, where to find them, how establishing a relationship with an influencer is a good idea for a business, and what to do when you want to collaborate. She covers several tools to help identify influences for entrepreneurs and small businesses.

 

5- Do You Have a Business or a Product? Knowing Could Make the Difference Between Success and Failure.

 Matthew Canning for Foundr magazine breaks down the difference between a product and a business in ways you may not have considered, and leave you with a clear understanding of the pros and cons of each. In addition, he explains how your approach should be different depending on which one you have and actionable steps you can take to be sure you’re aligning your entrepreneurial efforts with the right approach.

 

 6- How To Make Yourself Work When You Don’t Have Any Motivation

 Aytekin Tank, founder of JotForm, shares some tips on how to get stuff done and it doesn’t always depend on motivation. Like a snowball gathering speed, sometimes the motivation builds after you get started. And to get started, try committing to a routine.

 

Thank you for reading,

Yvonne

Yvonne Gerard headshot

Create Income Independence

 

P.S. Were these articles helpful?

What information would you like to see more?

Question or comments? Feel free to contact me.

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Published by CII © 2019

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