I just finished a series on counterproductive myths I hear all the time that hold would-be entrepreneurs back from starting ventures, which could be business ventures, non-profits, or just projects they enjoy. Below are links to navigate the series conveniently. … Continue reading →

Let’s look at the fourth counterproductive myth You need a great idea to start a business. Working for an established company helps prepare you for starting a venture. I should make some more money before starting my venture. Starting a … Continue reading →

Let’s look at the third counterproductive myth You need a great idea to start a business. Working for an established company helps prepare you for starting a venture. I should make some more money before starting my venture. Starting a … Continue reading →

Let’s look at the second counterproductive myth You need a great idea to start a business. Working for an established company helps prepare you for starting a venture. I should make some more money before starting my venture. Starting a … Continue reading →

If the four statements of the past few posts are myths and unproductive, what beliefs might the entrepreneur-to-be hold that are more productive? What other beliefs are motivating entrepreneurs who aren’t held back by the counterproductive ones? The counterproductive myths … Continue reading →

Myth 4: Starting a venture is riskier than working at an established firm Risk means different things to different people. Risk that matters to one person many mean nothing to another. People tend to think young ventures are risky overall … Continue reading →

Myth 3: I should make some more money before starting my venture I’ve never met anyone who didn’t raise his or her standard of living after making more money. Making money leads to spending money. If you have the discipline … Continue reading →

Myth 2: Working for an established company helps prepare you for starting a venture Why this belief is a myth is subtle. Working somewhere is better than nothing, but better than nothing is not a meaningful comparison. First a few … Continue reading →

Google’s history backs up that people did not believe good idea to start with, no matter what we think of it today. I couldn’t resist looking up Google’s history after yesterday’s post. The overwhelming evidence that people didn’t think their … Continue reading →

Many classmates in business school said they wanted to start businesses yet few did. For that matter, many people in life say they want to start businesses yet few do. I asked many why they don’t. Four reasons dominate my … Continue reading →