Sometimes you feel like you’re stuck in a trap waiting to break out and become the thriving business owner you know you can be.
We’ve definitely all been there: In a loop, trying to figure out what the problem is, wondering when our big break will come.
That’s exactly how I felt when I first started along my entrepreneurial journey.
It took me many years in business to truly learn how to work in my own favor, in a productive and profitable mindset. In this article, I’ll save you the time and share the four things that are blocking your money and holding you back.
1. Staying in Your Comfort Zone
The number one thing that’s stopping you from achieving your potential is staying in your comfort zone and being too complacent. Playing it safe is not the path to success.
This is exactly what happened to me when I first started my business. At that time I was working at a 9-5 job, at a Shaw Telecommunications call center. I was making really good money as a fresh graduate – $5k a month, much more than my friends.
Yet at the same time, my side tutoring business never really took off. I knew the potential it had, but couldn’t figure out how to make it super successful.
The reason why it wasn’t thriving was because I wasn’t willing to risk everything that I had, my time, money, and my nine-to-five job.
Over two year later, I finally ended up quitting that job and jumped right into my tutoring business with no Plan B. Three years later, that tutoring business got acquired.
That’s just a small story to illustrate the importance of challenging yourself to jump out of your comfort zone.
Whether it be going to seminars, conferences, anything that you feel uncomfortable doing is usually worth the lessons learned, whether it be a positive or negative result.
2. Imposter Syndrome
The second thing that’s stopping you from your reaching true potential is imposter syndrome.
We don’t truly believe in ourselves, even when we are actually very talented in what we do. We don’t give ourselves that permission to actually come out as an authority.
When I first started my YouTube channel, I asked myself, “Who am I?” I’m not Gordon Ramsay, why should I be the one teaching people how to build a restaurant?
I felt like that I was a faker. I felt like that I was not good enough, that people wouldn’t really value what I had to say. I had all these internal dialogues telling myself that I wasn’t going to be successful, that people will judge me, and that I should just throw away these ideas.
Thankfully, over time I overcame these negative internal dialogues by sharing my own testimony of how I became successful. I replaced those negative thoughts with positive ones, highlighting what I had accomplished in the past:
“Wilson, you built an ice cream shop, and grew it into a seven location international chain AND got it acquired. Within a span of five years, you built a multiple businesses that were acquired. Who is anyone to say you’re not good enough?”
Reflecting on my past achievements allowed me to shift my mindset and gain confidence. This is something I still do today.
What about you?
If you see an opportunity to pursue something you’re really good at and the potential rewards it could bring, pursue it! If you cook this amazing recipe, go out there and prove your concept. No one has the right to tell you that you’re not good enough. The whole journey is a learning experience.
I’m giving you the permission to go ahead and chase after your dreams.
3. Being Fancy
The third thing holding you back is trying to be fancy. A lot of times we feel like we need that professional equipment or perfect space to get started. This isn’t true.
In fact, here’s another post on how to start a restaurant with NO money!
When I was creating my YouTube channel, I thought that I needed professional lights, backdrops, and the perfect camera kit but in reality, you don’t need any of that to be successful.
In any kind of industry, you just need to have the passion and the right motive. Cut all the BS and actually do the work. Nothing can replace hard work – nothing can replace taking action.
A lot of us prevent ourselves from being successful and taking that first step.
It’s so easy to tell yourself that you won’t be popular on YouTube unless you own the right $2k DSLR camera when in reality, it’s just a convenient excuse.
If you don’t use the tools properly, no matter how good they are, you’re not going to see any results. You must learn to work hard and commit regardless of the circumstances.
Don’t let that be the thing that stops you from achieving your own success.
4. Not Taking Action
The fourth and final thing that prevents any entrepreneurs from reaching success is doing… nothing.
So many people just watch these videos and consume content. They’re the learners. They go to courses, they go to conferences. They feel that they need to equip themselves with knowledge, knowledge, knowledge in order to be successful. They need to know this person, they need to network, etc.
In reality, they’re not doing anything, not taking any action that will actually move the needle. They’re not putting themselves out there, not taking any risks to achieve real results.
Is this you? If you’re dying to be successful, you need to put yourself out there and take action.
You might be thinking that it’s a huge mountain to climb. “How am I going to be able to climb that mountain? I don’t even exercise.” You take it one step at a time.
Slowly work your way towards it. Break down your dreams and your desires into bite-sized chunks. You won’t get anywhere if you never take the first step.
Before you know it, you’ll be on your way to achieving far greater success than you could’ve imagined.
Friends, I really hope you can actually take what I’m sharing with you and put it into action to achieve the results that you’re looking for. Achieve by taking action.
Which one of these things are holding you back?
Are you complacent in the space that you’re in right now? Get out of that comfort zone! You’re destined to do more.
Are you feeling like you’re not good enough? It’s a normal feeling to have, but don’t let it hold you back. I’m giving you permission to go out there and conquer in your specific trade.
Do you think that just having the right equipment will give you the success? No amount of equipment or amount of education will get you the results you’re looking for if you’re not willing to put in the work.
The fourth and the final thing that would really determine whether you’re successful is if you take action. Get your butt off that sofa, risk everything that you have, and you will be rewarded like no other.
I’m rooting for you.
For more entrepreneur resources, check out this link here.
And if you’re thinking of starting a restaurant or physical food business, check out my free masterclass as I go over the A – Z blueprint to starting a profitable restaurant and how I was able to grow my ice cream chain to 7 locations worldwide and sell it.