Have you ever noticed that most of the side businesses fail even before they are launched?
Quite fascinating, isn’t it?
So after all those statistics telling you that 80% (or more) of businesses don’t survive their first year, we come to realise what is actually the hardest is getting the business to see the daylight.
Why does this happen?
We’ve covered in our last post – the 4th Chapter of ‘How to create a side business’ – the key psychological barriers to launching a business. As a recap, these are:
- Feeling of injustice
- Losing the long term vision
- Comfort Zone