Starting a business and growing an idea to a money making business is a dream that make everyone motivate for starting an startup. but there are big myths and believes you should know it before start developing your idea as a business.
Number 1: You will face Financial problems!
Starting a startup need money and financial supports from a team or an investors. Loans from Banks are dangerous things that threaten your capital and your mental health during doing your business. So before starting a startup, calculate and trust available financial resource that can help you grow and only program your startup for them, if the result is good, OK Continue!
Number 2: You will face Bad People, Competitors and Industrial espionage!
Doing a business and making money is a great dream, but you should know that there is no red carpet and you are entering to the economical war with the competitors, with previous business and with wealthy people that do the business differently, So they may make problems, Start an unhealthy competition or some time doing Industrial espionage from your patents, job, work or model.
Number 3: You will face Governments, Regulators, laws, Tax and documents
You want to start your business and make money, It's food, but you will face big challenge called, GOVERNMENTS! If you want to do your business, you will need to have a lawyer as a consultant and some profession near you to negotiate for you with regulators, monitoring systems, laws, paying taxes and completing long documents and then, one day you become wealthy, then some people will complain and you need to have a strategy!
Number 4: You need to be a warrior not an entrepreneur!
For having a powerful startup, you need to be a warrior not be an entrepreneur.
You should start fight with yourself, with negative messages, with negative comments, with negative minds. This is the routine you may visit them 2 or 5 times a day.
Number 5: Always improve your way, like a Formula one Driver!
Starting a new business based on the new idea is like driving a formula one Super car! You need to improve yourself and your team every minute, every hours, every day. This is a big risk for you that if you delay the process of improvement based on statistics, financial records and financial reports, profession consultant, you will failed very bad, so Improve your way second by second under monitoring of professions.
