5 Mindsets That Hold You Back from Starting a Business

Have you ever thought of starting your own business? Be it a small idea or a really big one?

But then did it end with you thinking, “Me? starting a business? I could never do that!” What if we told you that the only thing standing between you and your entrepreneurial dreams is actually just you! Unbelievable, right? 

So it’s the right time to talk about the business startup mindset and those limiting beliefs in business that might be holding you back. Here are the 5 mindsets holding you back from becoming the boss lady that you are meant to be.

1. I am not ready yet 

This one is a classic where you keep telling yourself that you need more experience, more education, more money, or more something. But here’s the thing: you will never feel 100% ready. That’s just how it works. The secret is to start anyway. This limiting belief in business is like waiting for the perfect moment to start investing. Sorry to break it to you but there’s no perfect moment. The best time was 20 years ago and the second best time is now. So why not apply the same logic to your business startup mindset as well. 

2. What will people think? 

The age-old concern about log kya kahenge dances upon us all the time. But here’s another little secret: people are going to talk no matter what you do, so why not give them something exciting to talk about? 

This mindset is a classic case of self-sabotage in business. You are letting other people’s opinions dictate your actions. But you should remember those people are not leaving your life, you are.

3. I am not good with numbers 

Many women convince themselves that they are not ‘math people’ and therefore can’t run a business. Well, another secret for you: calculators exist and so do accountants! You don’t need to be a math genius to be a successful entrepreneur.

This limiting belief in business is similar to saying that you cannot cook because you are not good at chopping vegetables. But there are tools that will be beneficial for anyone starting out. Your business startup mindset should focus on your strengths and finding solutions for weaknesses, not using them as excuses.

4. I don’t have enough money 

Starting a business doesn’t always require a huge mountain of money. Many successful businesses started with just a great idea, a whole lot of hustle and a few chairs in a garage. In this technological era, there are countless low-cost ways to get a business started. You can even start your business journey or borrow with Lxme

Instead of focusing on what you don’t have, start thinking creatively about what you can do with what you do have because where there is a will and a Wi-Fi there is a way.

5. I am too young/old 

Age is just a number, especially when it comes to entrepreneurship. There is no right age to start a business. You can either be a college fresher or a professional with a lot of experience. 

This limiting belief in business is like saying you are too old to learn a new language or too young to draw an apple. Your business startup mindset should embrace your unique characteristics and life experience as assets and not liabilities.

Recognising these patterns is the first step to overcoming them. Here are a few tips to help you shift your business startup mindset.

1. Practice positive self talk. Every time you catch yourself thinking,  ‘I can’t’, replace it with ‘How can I?’.

2. Surround yourself with supportive people who believe in you and your dreams.

3. Start small! You don’t need to conquer the world overnight, baby steps are still steps forward while you invest for your business side-by-side.

4. Educate yourself: read books, attend workshops or find a mentor who will guide you to overcome business challenges.

5. Take action even if it is imperfect and learn how to overcome financial barriers.

The biggest obstacle between you and your dreams is often the limiting beliefs in business that you hold on to. It’s time to shift to a positive and empowering business startup mindset. Believe in yourself because the next business success story could be yours!

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