Deciding to launch your first business as an entrepreneur is like swimming against the tide. There are so many challenges to overcome, like raising the necessary investment, hiring support, marketing your business, fighting the competition, servicing customers, keeping costs down, etc. But the biggest challenge perhaps lies within us i.e., battling our own demons and overcoming our own mindset barriers like fear, procrastination, etc. Since discussing one’s fears is usually seen as a sign of weakness, entrepreneurs usually do not like to admit that they have been afraid of challenges or they certainly do not like to talk about them openly, lest it would be interpreted as a sign of weakness.

Here are three basic entrepreneurial mindset barriers, and how they can be broken or overcome:

My Idea is not Good Enough

All entrepreneurs feel the pinch of doubt when toying with a new profitable idea. They feel that it’s not good enough or either too common or too bizarre, which often prevents them from going ahead with it. This way, many potentially great ideas die in their nubs, without ever getting actualizing. Imagine the extent of loss! So don’t dismiss any idea right away. Write everything down no matter how trivial or bizarre it seems initially because every idea, whether good or bad, has some potential. It needs to be worked upon, nurtured and refined.

I am Scared of Making a Mistake

The fear of making mistakes and errors often haunts us as we don’t want to look careless or incompetent. The more we put yourself out there, the more vulnerable we become to people’s opinions. So we fear that people will make fun of us. But our mistakes are what humanize us at the end of the day. So it’s perfectly okay for you to make mistakes but you shouldn’t let them get to you. Go ahead! Make a mistake, learn from it, and then move on.

I am NOT Ready Yet!

Delays are natural in any business idea or project timeline, as we all want to polish our rough edges, work out every detail, and contemplate upon every possibility before launching formally. However, this sometimes leads to prolonged delays until the steam runs out of the idea or someone else beats you to it. So procrastination is as bad for your first venture as hastiness. Therefore, make yourself accountable to someone like a friend, family member, business partner, or a mentor. Set a realistic deadline for yourself just like your boss would have set one for you and then stick to it. Set a realistic deadline for yourself just like your boss would have set one for you and then stick to it.

If you feel that you are suffering from the failure-to-launch-syndrome as a budding entrepreneur, then you definitely need a personal life improvement coach like Luci McMonagle to help you along the way. Luci McMonagle, the founder of Abundance Breakthrough Program and host of the one-of-a-kind Wealthy Wednesday radio show, helps women entrepreneurs stop settling for “blah” lives and careers, break their mindset barriers, and start acting on their ideas. She does so by providing ordinary women like you with motivation, inspiration, and direction to get started and keep on going. Schedule a complimentary session with her today!