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- Oct 15, 2018
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I am now a little bit over a year on this forum. In the last twelve months I pondered on many business ideas, but I have discarded as many. It seems like I can't get myself to take action, when it counts. As soon as the planning phase is over and the execution should start, doubts creep up on me and I am kind of paralysed. I skip to another idea and the same process repeats itself. Granted, there were some ideas, that did just not feel right and that I stopped because of that, but most of them I just stopped because of fear.
In the last couple of months I am more and more fed up with this behavior, but I am stuck. I can't get myself to take real action. This is making me more and more depressed, as I have the feeling, that I am wasting my life and I hate myself for that.
So a week ago I was thinking of pursuing one of the two business ideas I have at the moment, just to get going. But as expected, I can't get myself to take action, because I have just too many doubts.
The first idea is one, that I really want to do, but I have a feeling, that I can't do it, because I don't know how and at the moment I am not comfortable with the amount of money, that I would have to invest. Fear is holding me back, because I don't want to fail with this idea and I don't want to lose all the money. That puts a lot of pressure on me and in the end I am not taking any real action. I would really love to try this idea, but I don't feel confident enough to execute it.
The second idea is something, where I think, that there is a gap in the market (marketing wise, but I am not really sure). Anyway, I thought about starting this business with private label products, to see, if the gap is real or not. If the products would sell, I was thinking of developing unique products, so that I can better differentiate my company from the competition.
The money, that I need for that idea, would be much less than I would need for the first idea. On the other hand I don't know, if it is a good idea to start a business, that only has private label products. I mean, the products have a good quality, the ingredients are better than that of most other products and I see many possibilities marketing-wise – but they are still just private label products, that everyone could sell. Should I try it and, if it works, develop new products, that no one else is selling?
Should I start a business, any business, just to get going and get rid of my fear and doubts, even if this business maybe is doomed to fail? (Which I don't know of course.)
If the second idea works, I would try to automate it as much as possible and then start executing on the first idea – that is, if I can manage to start at all. My self-doubts are paralysing me and in the last twelve months they have completely blocked myself.
Maybe someone was in a similar situation in the past and can give me some advice? I would really appreciate it.
Thanks.
In the last couple of months I am more and more fed up with this behavior, but I am stuck. I can't get myself to take real action. This is making me more and more depressed, as I have the feeling, that I am wasting my life and I hate myself for that.
So a week ago I was thinking of pursuing one of the two business ideas I have at the moment, just to get going. But as expected, I can't get myself to take action, because I have just too many doubts.
The first idea is one, that I really want to do, but I have a feeling, that I can't do it, because I don't know how and at the moment I am not comfortable with the amount of money, that I would have to invest. Fear is holding me back, because I don't want to fail with this idea and I don't want to lose all the money. That puts a lot of pressure on me and in the end I am not taking any real action. I would really love to try this idea, but I don't feel confident enough to execute it.
The second idea is something, where I think, that there is a gap in the market (marketing wise, but I am not really sure). Anyway, I thought about starting this business with private label products, to see, if the gap is real or not. If the products would sell, I was thinking of developing unique products, so that I can better differentiate my company from the competition.
The money, that I need for that idea, would be much less than I would need for the first idea. On the other hand I don't know, if it is a good idea to start a business, that only has private label products. I mean, the products have a good quality, the ingredients are better than that of most other products and I see many possibilities marketing-wise – but they are still just private label products, that everyone could sell. Should I try it and, if it works, develop new products, that no one else is selling?
Should I start a business, any business, just to get going and get rid of my fear and doubts, even if this business maybe is doomed to fail? (Which I don't know of course.)
If the second idea works, I would try to automate it as much as possible and then start executing on the first idea – that is, if I can manage to start at all. My self-doubts are paralysing me and in the last twelve months they have completely blocked myself.
Maybe someone was in a similar situation in the past and can give me some advice? I would really appreciate it.
Thanks.
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