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The Fear of Failure

It has been a goal of mine for a while to start my own business. I have been putting it off for a few years now. Every time I think about it, I create dozens of excuses to convince myself that if I were to start today, I wouldn’t succeed. I’m too busy doing homework. Even if I could manage to spend one or two hours a day on my business, would that be enough time to get anything done? Should I sacrifice my effort and time to a business that statistically will fail?
Those are only a few examples of dozens of excuses that run through my mind. I’ve made a few realizations through my time in college that specifically relate to businesses. Here they are:

1. You don’t have to be smart to run a successful business. A smart person will understand that its risks outweigh the rewards. However, someone with a dream won’t stop because they have failed. They will take as many risks as needed to achieve their goals.
2. It’s better to start today. You will fail and it’s better to fail early.
3. Debt isn’t always a bad thing. Growing up with parents who maxed out credit cards and lacked retirement plans traumatized me into thinking debt was nothing more than a legal scam. Now I understand that it can be used with caution as a tool for businesses to create more value and generate more income.

With this in mind, I have been doing the research and prep work for my first online business!

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