What are the reasons that keep people from starting their own businesses?

Entrepreneurship Business 1 min read

Henry Ford woke up early one morning with a paper in his hand.

He had envisioned a V8 engine design. He called his team of engineers to discuss the idea with them.

“Mr. Ford, you don't understand. It’s impossible to cast an eight-cylinder gasoline engine block in one piece,” said one of his top engineers.

“Produce it,” Ford replied in a strong voice.

“But how?” they replied. “It’s impossible!”

“Stay on this job until you succeed, whatever it takes!” Ford demanded.

Ford's engineers were scared. Some started complaining, “This man is out of his mind! He doesn't understand what 'IMPOSSIBLE' means! Now we’re all in trouble. We will lose our jobs!"

With no other options, they started working on it.

Six months went by …

“I want my V8 motor!” Ford demanded.

Nine months passed … still nothing. The engineers tried every idea, but the task still seemed 'impossible.'

One year later, Mr. Ford visited his engineers, and again they informed him, “Impossible!”

“Keep trying,” said Ford. “I want it, and I’ll have it.”

The engineers had no way out. They persisted for months until the secret to producing the famous V-8 engine was finally discovered!

To answer your question, what are the reasons that keep people from starting their own business?

Success is impossible without belief.

“Whether you believe you can do a thing or not, you are right.”
– Henry Ford
Entrepreneurship