What makes the difference in those that achieve their goals and those that never do? There are many variables and factors, but the shortest overall answer is belief.
“Whatever the mind of man can conceive and believe, it can achieve.” – Napoleon Hill
The basis behind this quote is that if your mind can conceive it and you can believe it, it can be done. So where do we fall short? Where does our belief fail us? Entrepreneurs often have issues with belief in the following areas.
Believing in Self
So many entrepreneurs with great potential never make it past the idea phase. Why? Because they do not believe they have what it takes. That is a mistake that is fatal to any business idea. Have faith that you can execute the business and be successful.
Believing in the Idea
All too often, an idea never makes it past being an idea because the one who gave birth to it is afraid it isn’t good enough. They never make it any further than the “what if” phase due to the simple fact that they do not have enough confidence in the idea. Maybe it isn’t, but you’ll never know if you don’t try.
Making Others Believe
This is the really tricky part. You may believe you r idea is great, and you may believe you have what it takes, but believing you can make others believe that is a whole other story. This is where a vast majority of those that fail hit the wall. This is why financing is never applied for, a business plan is never written, and the idea dies before it starts. Don’t let this happen to your plan. Enlist help if you are not skilled at writing a business plan and finding a lender.
Sites such as Biz2Credit.com can do both. The company can streamline the funding application process and help you apply for small business loans of all kinds, including: SBA 7(a) loans, cash advance or accounts receivable financing, and small business lines of credit. The network of 1,100 banks and non-bank lenders includes credit unions, micro lenders, CDFIs, VCs, personal asset lenders, and cash advance companies that specialize in lending for small businesses.
While having a great idea is the start of any entrepreneurial endeavor, it is not enough. You have to believe it is a great idea, believe you can do what it takes to bring it to life, and make others believe the same. Don’t give up, just believe.
This article was submitted by Faith Stewart. Faith Stewart has a BBA with a major in accounting and spent 10 years working in the various aspects of accounting and finance before pursuing her passion for writing.