Category: Entrepreneurship

WARNING: These 3 Common Excuses Are Holding You Back From Starting A Business

Takeaways:
1. A brick & mortar location is not needed to start a business
2. It’s inexpensive to start a business (less than $100-$150 in most cases)
3. You don’t have to quit your job to start a business

I always heard stories of entrepreneurs raising thousands of dollars to fund their ventures.

Capital, capital, capital. It’s all I ever read and heard about.

The most common misconception I’ve seen in business is that it takes a lot of money to start one.

The actual cost of starting a business? $50-$100 depending on where you live and the business structure you choose.

Technology has given us the ability to work from almost anywhere in the world with a phone, laptop and decent internet connection. There’s no need for a brick and mortar location anymore.

I started GenY Success for $150. It was $100 to register an LLC (in Oregon) and another $50 to get this website up.

What’s Holding You Back From Taking The Leap Into Entrepreneurship?

It took me over 7 years of working as an employee before I decided it was time to start a business.

I guess you could say I had a major fear of failure.

But what made me finally take the leap was looking at the potential upside of entrepreneurship. I didn’t realize that there was so much more to becoming an entrepreneur besides it being a way to make more money or to be your own boss.

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