What do you think is the number one thing that holds people back from starting a business?

I think the fear of failure and not being able to manage the funds well in the first stage are influencing factors. Also, most poeople suffers from insufficient capital.

1) Fear of failure 2) lack of capital 3) lack of support and resources

Sometimes people can overthink and analyze their idea and the market too much, leading to a state of analysis paralysis. They may never feel ready to launch their business because they always find something they think they should add or change.

Starting a business involves taking risks, and some people may not be comfortable with this. The fear of losing money or failing may prevent them from taking the necessary risks to make their business successful.

It's essential to understand the market and the competition before starting a business. Without conducting proper market research, people may not have a clear understanding of their target audience or the demand for their product or service.

Starting a business involves a degree of uncertainty about the future, and some people may not be comfortable with this. Without a clear plan or vision for their business, they may be hesitant to take the leap.

Some people may have a perfectionist mindset, which can make it difficult to launch a business. They may feel that everything needs to be perfect before they can get started, leading to procrastination and inaction.