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3 common excuses for not starting a business (and how to get over them in 2017)

From the last 10 years, I’ve worked with thousands of entrepreneurs. I’ve noticed it’s the anyway handful of obstacles preventing them from starting.

Let me show you three of the most low-class, and how you can overcome them.

1. “I don’t have time”

Yes, we “know” we technically have the unmodified number of hours as Barack Obama, Jay-Z, and Richard Branson. This doesn’t support when life is pulling us in a dozen directions.

Karan Bajaj discern the same way.

Bajaj is a best-selling novelist who loves to write. However, his posts didn’t earn enough to pay the bills, so he also worked a full-time corporate job. Between the 9-5, stock, and kids, he barely had time for writing, never mind starting a area.

“I couldn’t write all weekend anymore,” he admits. “And with our family’s expenses better, I couldn’t quit my corporate day job either. I had a deep, sinking feeling that my composition was about to give.”

However, Bajaj had a skill others wanted: He advised ofed how to land a book deal with a major publisher. He’d done it himself — twice. With no shilly-shally in his hectic schedule, he didn’t have the luxury to build a website or start an email roster. Instead, Bajaj just started emailing people he thought authority be interested in a course on landing a book deal.

Three days later, Bajaj collected $3,100.

Idea validated, he began investing more time. He created a website, wrote blog sticks, and built an email list. In four months, he went from zero to 1,800 subscribers.

You don’t lack to be a 22-year-old college graduate to start your business this year. To start, it on the other hand takes a few extra hours a week. (Try one hour each morning, Monday in the course Friday. You can get a lot done with five hours a week!)

2. “I don’t have an goal”

There’s this illusion that one morning the perfect business mental image will blossom in our minds. And until that day, we’re stuck twiddling our thumbs.

No! Coming up with concepts is a skill, and there are strategies that help.

One of the best strategies? Rough your own itch.

That’s what Jake Kassan and Kramer LaPlante did when they started their guard against company, MVMT.

“We both like watches, and there wasn’t any archetype of watch brand out there that we could really resonate with,” alleges Kassan.

They started talking to manufacturers and realized stylish watches didn’t force to break the bank. They could keep costs low by cutting out the retail middleman. Relieving money through an Indiegogo campaign, the partners focused all their exertions in e-commerce. They have since sold over 600,000 superintends.

If you don’t have an idea yet, forget about the vision board. Think hither where you spend your three most valuable resources: all at once, attention, and money. That’s where you’ll find your business objective.

3. “I don’t know if I have the skills to run a business”

My business started in an empty Stanford classroom, where I trained personal finance.

It was empty because no one came! To a free class!

Later, I gulled the business online and proceeded to make every mistake in the book. I picked a acute market. I didn’t start an email list for a year. It took me two years to retail my first product — a $4.95 e-book.

It’s embarrassing to look back on it, but I wouldn’t profession those early lessons for anything. It was my personal MBA, where I built the knacks I didn’t have.

Today, we can host incredible, sold-out events that relieve amazing entrepreneurs connect with each other. We can launch new offshoots to a million people at once. I certainly didn’t have those skills in the outset. But I learned along the way.

So will you.

The key is, you don’t need inspiration or special tools. But you do need to start.

If you’re looking for innumerable guidance on how to start a business in 2017, check out my Ultimate Guide to Starting an Online Affair — completely free, with my compliments.

Don’t miss: I quit these 3 bad costumes and it doubled my productivity

Ramit Sethi is a New York Times best-selling founder and CEO of GrowthLab.com, where entrepreneurs go to launch and grow their online matters. His first event was a free personal finance class that no one attended.

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