How to find out the key challenges you face as a business owner?

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There are a lot of obstacles and challenges that you are going to have to face as a business owner.

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You will need to make sure that you think about some of the goals that you have for yourself and the goals that you have as the business owner.

You will need to keep your personal and business goals in mind through the challenges so that you don’t lose sight of the ideas that you once had.

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As an entrepreneur you will need to overcome some of the obstacles in order to find success for your business.

These roadblocks exist for everyone who is a business owner and there are by no fault of your own.

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You will need to keep yourself in check every now and then so that you can track your personal gain from the goals that you have, but also so that you can keep yourself moving forward.

The most common obstacle that you will run into is the fact of funding.

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When you start a business you may not realize that it is going to take a lot of capital to get the business going, even if you are buying a business.

You will need to take inconsideration that you are going to have to have good credit and also good credit options.

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You will find that this obstacle is so easy to overcome, but it does take a little bit of planning. If you want to overcome this, you will need to have a good business plan to present to the bank so that you can the most funding that you can get as a start up capital.

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You will also need to use the plan in order to get investors (silent or just a business partner) so that you can keep the funds rolling in. It will take at least two years for a business to start generating money.

If you honestly would like to start a business you will need to have enough funds to cover the general bills for at least two years. This will keep the financial issues at bay.

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Secondly, you have to consider the fact that you have many responsibilities.

You will need to make sure that you can give the business the proper amount of time, but also not neglect your school or family responsibilities.

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You will need to make sure that the drawers are counted at the end of the night, but you also need to be home to tuck your kids into bed.

It is very important that your mate understands how important it is for you to have business success and also how important it is for you to have the success at home.

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They will need to give you some slack and support when it comes to the family roles.

Finally, you are going to have to overcome your own feelings. You may find yourself feeling insecure about your age or even the business.

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As long as you know that this is what you want and you know that this is something that you would like to pursue, then you need to gain the confidence to support your business.

You will find that confidence through the planning of the business, by having a good start up fund, and also by having the support of your family.

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Keep in mind that it is hard to run a business and it takes a lot of time, money, and energy to make a successful business.

Do you have what it takes, right now, to focus on other areas of your life and the business? You will need to have the support of your family and loved ones to really make the business work.

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How to find the key challenges you face personally

 

There are going to be a lot of obstacles that you will have to overcome and there are going to be hurdles that you will also have to deal with in order to find your personal success.

There are some tips on how you can overcome these obstacles, but you have to think about the way that you think about yourself and about your life in general.

 

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You will find that there are sometimes when you just hit a wall and want to give up. The key to success is being able to push yourself over the wall and be able to work on your own skills and goals at the same time.

Have you ever heard of the saying “To error is human”?

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The saying is completely true. As human beings we make mistakes all the time. We make mistakes in the way that we act about life and the attitude that we show towards life.

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You have to consider what it is that is truly holding you back. Is it a real obstacle or is it the way that you feel about yourself?

The hardest obstacle that you will ever have to deal with is your own negativity. You will need to consider that the negative feelings will discourage you and it will also make you feel like you are completely worthless at times.

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You need to learn how to let go of the negative feelings and replace it with positive feelings. Basically, you will need to keep in mind the fact that positive feelings is the way people find their success and happiness.

To overcome the negative feelings you can take care of yourself well. This means that you will need to eat, sleep, and exercise the recommended. You may even want to get into message therapy and traditional counseling to deal with your anxiety and negativity.

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There are a lot of people who are not easily discouraged. They work hard for what they achieve, but at the last minute quit. It seems so stupid to just quit at last minute.

When you see that finish line you should rejoice, but some people will just give up. This is based on fear.

There are a lot of people who fear success and also fear commitment. You need to understand that if you are willing to put in all the work, then you deserve your success.

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You deserve all that you get from the hard work. To get over your worthlessness, you will need to learn how to work on yourself confidence.

You need to talk your feelings and fears out when they start to show up. Instead of quitting, you need to take your time and think about some of the ways that you can work through the anxiety. You may just need to take a step back rather than give it all up.

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Then there are the people who just don’t work good under pressure. There are so many issues that pop up with the stress and the pressure that most people just can’t handle it.

Instead of exploding, you need to take a step back.

Look at yourself and ask why you want to achieve this goal. Is it really for yourself or for the expectations that others have for you?

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You will need to talk to yourself about some of the fears that you have and you will also want to talk through some of the pressure that you are feeling.

A lot of people don’t realize that their support can seem pushy and pressure at times.

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You just need to take a step back and talk to those who are pressuring you and ask the others to simply have faith in you.

Stay Blessed,

 

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About the author: Brian Klock

Our team and I have created many online and offline successful businesses please contact me if you ever have any questions I will respond right away. It is our goal to help as many people as possible achieve their dream life.

8 comments to “How to find out the key challenges you face as a business owner?”

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  1. Rachel - May 23, 2016 at 7:32 pm Reply

    I completely agree! Goals are so important when starting a business! Without goals, where is the motivation? Balancing work and family time can be especially challenging. I struggle with that quite a bit. I need to find a healthier balance so I am not neglecting one or the other. Attitude is everything! Some days I am discouraged by all of the work that still needs to be done, while other days I have a pep in my step knowing I put in a good day’s work. Thanks for the great advice!

  2. Barbara - May 23, 2016 at 9:52 pm Reply

    There are many challenges to starting a business. Most people understand this when opening a normal business but don’t understand the same applies to an online business. No one succeeds overnight. Even those who appear to have been an overnight success are not. They usually have spent years failing at different types of business before becoming a success. Failing is part of the learning process. If you stick with it through all the challenges, you too can succeed.

    • Brian Klock - May 23, 2016 at 10:42 pm Reply

      Yes Barbara absolutely Right love the way you put that. We can only not succeed if we stop 🙂 Add Value everywhere to everyone always Anyways i can assist you please lmk barbara

  3. Axton - May 24, 2016 at 5:19 am Reply

    Starting a business is not easy. When times are good, we harvest happily. When times are bad, we have to know how to mange the down turn, financially and emotionally.
    One thing that is often forgotten is that sustaining a business is equally hard.

  4. Martina - May 24, 2016 at 6:06 pm Reply

    Great advice! Definitely attitude is everything – and patience/planning because as you said, it’s going to take some time for the money to start coming in. Especially in order to cover your expenses.

    Do you think for every business it’s going to take around 2 years to start earning money? I think this depends on the type of business and it’s structure don’t you? I’m curious where you get the 2 year number – would love to hear any feedback you’ve got so that I can better structure my own business plans.

    Thanks a bunch!

    • Brian Klock - May 24, 2016 at 6:18 pm Reply

      Thank you for your feedback Martina. Two years is how long the IRS let’s you show losses as a new business. That is what we were referring to. Designing the right plan can generate profits from day one because we can sell before we buy. But the cost of your time to generate the sale might outweigh the compensation early on but soon if you have a good system that adds value you’ll have more money and customers then you know what to do with. Contact me at bKlock@ffc.money I’d love to help you with your business plan.

      Stay blessed

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