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The $100 MBA Show

MBA2432 Q&A Wednesday: Am I too conservative to be an entrepreneur?

The $100 MBA Show

Omar Zenhom

Careers, Entrepreneurship, Business, Marketing

4.91.2K Ratings

🗓️ 21 February 2024

⏱️ 16 minutes

🧾️ Download transcript

Summary

Are you hesitant to take risks in your entrepreneurial journey? Do you find yourself agonizing over every decision, big or small, for fear of making the wrong choice? If so, you're not alone. Many entrepreneurs face the challenge of balancing calculated risk with caution.

Transcript

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0:00.0

Heyo! Welcome to the $100 MBA show because a better business begins with you.

0:13.7

That's why we deliver practical business lessons.

0:16.6

I'm your host, your coach, your teacher Omar is at home.

0:19.4

And today's episode is Q&A Wednesday,

0:21.7

where we answer a question from one of you one of our

0:23.5

listeners if you got a question you want to ask go ahead and email me over at omar

0:27.5

at one zero zero mba dot net today's question is from Brenda and Brenda asks,

0:33.0

Am I too conservative to be an entrepreneur?

0:36.0

Omar, I was trying to start my e-commerce store

0:39.0

and I've been working on it for about nine months.

0:41.0

The problem is I agonize and I think and I deliberate

0:44.6

about every big and small decision before I make one. Sometimes it takes me weeks

0:49.7

to make one decision. I worry that if I make the wrong decision it can cost me time and

0:55.1

money. Am I too conservative to be an entrepreneur? Is this something that is just

1:00.2

not what I'm meant to do? Would love your advice do. I'm glad this is today's Q&A Wednesday's question

1:06.1

because I can resonate with this. I've been in business for 20 years and I can remember my first

1:10.9

year as an entrepreneur, as somebody who's starting this whole

1:14.3

business thing was particularly challenging because I was way too cautious I was

1:20.5

overly cautious I was

1:28.1

hesitating every step of the way and I made very little to really no progress Until one day I learned something from Jim Rone that changed my life, it changed my business life, my

1:35.0

entrepreneurial journey forever really, and I want to share it with you today.

1:39.5

Now there is something we all have to agree on.

...

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