While it’s appropriate to emphasize the need to understand the fear that’s holding you back from pursuing that amazing new endeavor, it’s equally important to understand how to maximize success for first-time entrepreneurs. So, let’s change the narrative away from fear and learn from the brave souls who dive into the shark-infested waters of something new and different.
What motivates new entrepreneurs to move away from a safe career and to invest his or her precious time in a new bold crazy venture? And even more importantly, how do these entrepreneurs maintain that ambition once a new reality – and one that’s not always so rosy – is created.
From countless conversations with people thinking about starting something new and countless meetings with emerging and established entrepreneurs, a few common themes have started to emerge for predicting success. There’s no secret recipe for having the fortitude (read: insanity) to successfully start something on your own, but here are three telltale predictors that fear might be in the rearview mirror and success in front of you.