Though there are many advantages to owning your own business, the path to actually being an entrepreneur is not so rosy. And many of the problems actually affect the mindset of the entrepreneur.
Here are some of the most common psychological obstacles that hold potential business owners back from succeeding, and how you can avoid or overcome them:
1. Financial burden causing emotional stress
Starting a small business is usually an expensive proposition. The average small business costs about $30,000 to launch and operating costs can tack onto that price tag quickly. Even small home-based businesses that come with little overhead have a significant opportunity cost.
