Quitting a job to start a new entrepreneurial life is about pushing and challenging yourself. For the majority of people, this means getting out of their comfort zone and starting something totally new. The goal is to shift into an entrepreneurial life entirely and hopefully have the possibility of quitting their current corporate 9-5 jobs.
However, some people might have a really hard time quitting their current job. They might view it as a safe option, something that doesn’t pay very well, but it is a constant flow of income. The main problem with this narrative is that it might stop people from actually growing as a more successful professional.
If you plan on one day turning your side hustle into a primary source of income and want to understand more about what might be stopping you from leaving your current salaried job, here are 12 reasons why most people never quit their jobs for an entrepreneurial life, even if they want to.
1. They are waiting for the “right” opportunity
A lot of people have tons of goals for a future that is extremely far away. They keep waiting for the right opportunity to quit their job finally, but they become extremely attached to the idea that someday the perfect moment will come, which might never come. Years pass and the plan never leaves the papers. Here, we talked about how to avoid having your business plan ending up in the trash.
2. They are scared of change
Having a 9/5 job provides some type of safety that is hard to ignore. This happens because people grow up listening tales about how being financially stable is everything. Even more, having a 9/5 job is the only way to do it.
3. They are hoping that they will get a promotion
Usually, an employee will promise all sort of things to keep their staff happy and satisfied. This might be a bonus if you work more than usual, but most frequently, the chance of getting a better position if you are a long-time employee. Because of this, people might see themselves holding on to an opportunity that might never happen.
4. They stay because of the environment
Having friendly people working with you is always a plus. Being so, when this happens, it’s common for people to hold on to friendships at work, which might prevent them from leaving. However, it is crucial to understand that friendships can always grow outside of work. Being so, you don’t need to hold on to an underpaying job to keep your friends around.
5. They fear not making enough money
Business adventures and an entrepreneurial life walk side by side. Because of this, it is common that people become afraid of letting go of their jobs to pursue another hustle. They have a fear of having financial instability. However, as long as you plan your steps correctly, you will be able to start slowly and grow. This will result in slow progress that won’t cause such a substantial financial risk.
6. They fear the unknown
Making money doing the things that you love might seem like a dream that is too out of reach. This might be a huge factor that prevents people from leaving their current jobs. They might not see their passion as a profitable business, and give up before even trying.
7. They think they don’t have time
Everyone is super busy, we know. Often, this excuse is used to explain why someone won’t take that extra step to start a new business. They are too busy handling other essential things that require more immediate attention. However, part of having an entrepreneurial life is making time and get hustling. Being so, if you really want to start this journey, you will be able to take the time to focus on your goals.
8. They fear negative feedback
We mentioned earlier in this article that we are often told that we need a 9/5 job in order to have financial stability. Because of this, it is common that anyone trying to go on a different route will receive a lot of backlash and negativity. This bad feedback might stop them from going forward with their plans.
Read Also: 12 Most Common mistakes every New entrepreneur should avoid
9. They fear not being good enough
Having financial freedom is a dream of many. However, being a successful entrepreneur is usually associated with people who are talented, determined, focused and brave. A lot of people have a fear of moving forward with their plans because they assume that they are not good enough to be successful. However, despite being a challenge, you can always improve yourself and focus on developing an entrepreneurial approach to life, even if you don’t feel like this is a natural trait.
10. They think it is too late
Bravery and risks are usually traits that younger and bold people have. However, this doesn’t mean that you can’t start your dream career when you are more mature. Actually, the experience collected over the years might impose an advantage in business.
11. They don’t know what they want to do
Turning a passion into something profitable is a challenge. However, not knowing what you love to do might be an even bigger wall on the way. Most entrepreneurs tend to keep in mind that even if they don’t know something as of now, they can work to understand more about themselves and their aspirations. It’s all a matter of trying.
12. They are scared of failing
Failing is a natural part of the process. Yes, this might be difficult to understand, but failing business doesn’t necessarily mean the end of the world anyway. This can actually be that kind of situation that allows someone to grow and become much more prepared for their next attempt.
Final thoughts…
All of these mindsets might be in the way of your financial freedom. Despite having fear, it is essential to know that all of the things listed above can change, and you can work on improving yourself and your business. Not every entrepreneur was born with a magical pill to be successful. They also had to work their way up. And if they could do it, so can you.
Wrapping Up!
What part of this article resonated most with you and why? What’s holding you back from quitting that dreadful boring corporate job and starting your dream entrepreneurial life? Share your ideas, tips, thoughts, and experience below in the comments.
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