Well I have some bad news for you. The stars will never align. The brilliant flash will probably never come, and nothing you will learn or do working for someone else will make you more ready to start your own company.
Now here’s the good news – none of that matters. The truth is that you’re already ready. There’s absolutely nothing to hold out for in order to start your company. You really just need to get off your butt and get started. If you still aren’t convinced, and think you’ve got a few more excuses under your belt, let’s get rid of those right here and now.
You Don’t Need More Education
No matter what you’re about to learn in school (short of becoming a surgeon) it’s not going to make a lick of difference in starting your company. Sure, you may learn how basic accounting and bookkeeping works, but who cares?
You’re not going to do so much revenue in your first year that your bookkeeping skills are going to make or break you. Even if you do, you can hire a professional bookkeeper for peanuts and never think about it again.
You’ll learn more in your first year of running a business than you will in your undergraduate and MBA tenure combined.
Anything you don’t know now you can either figure out when you need to or find someone else that knows the answer. More importantly, there isn’t a class in any school’s catalog that will teach you how to take huge risks and always succeed. You’ll learn more in your first year of running a business than you will in your undergraduate and MBA tenure combined.
You Don’t Need More Money
Over 500,000 companies are started every month in the U.S. alone. Only a small fraction of those start off with significant funding, like the kind you read about in popular business magazines. In fact, professional investors like venture capitalists and angel investors fund fewer than 1% of those companies!
So how do you think the other 99% of the world gets started without these guys? The answer – they bootstrap it and figure it out as they go.
You don’t need that big infusion of cash to get going. You need to get started with what you have right in front of you and push the limits of your resources today. Excess cash breeds sloth, and a tight belt encourages resourcefulness. The majority of entrepreneurs figure it out without a check from someone else, and you’re no exception.