428 - Want to Start a Business? How to Finally Make it Happen

0:28Are you ready to skyrocket your business? marieforleobschool.com slash enroll to learn more. Have you been dreaming of starting or growing a business, but you're so afraid to take that next leap? In this episode, I share the only two things you really need to launch your dream business, and I guarantee you, it's not what you think. Hello? Hi. Hi. This is Marie. Who's this? I'm Relitta. Hi. Hi. You're on the MarieTV Call-In Show with myself and Gregory and Team Forleo. And we are so excited to talk with you today. Hello. Oh, my God. I can't believe this is happening. Tell us what's happening, and we'll do our very best to help you out.

1:12So just a bit of background. So I currently work in consultancy. Like, I've been working for the past few years. and during my whole life I wanted to start my own business and even like all my friends always say oh you keep saying you want to start your business and so just do it but and I have so many different ideas I've even when I travel to work I just keep like dreaming and having ideas how to improve people's life but I feel like something is holding me back and I'm scared that this is my anxiety and lack of confidence that is like um it's the reason why i'm keep losing my dreams and um i feel like i'm not expert in anything just because the consulting is a bit of broad term so you help with different projects and different stuff but i feel like i've learned a lot and um i'm really keen to start something but i feel like my confidence and anxiety are the reasons why I'm not starting and my question that I ask myself every day is how can I build up my self-confidence and how can I get better at taking risks?

2:26Because starting in your business is a bit like should I start or should I keep my full-time job that is giving me some sort of security? Or should I just go and see what's going to happen and if it's not successful? You know, I'm always like trying to see the pros and cons. And sometimes I feel like because I don't believe in myself enough to start something and say, yeah, I'm just I believe in my idea and I will do it. Even if if it fails, at least I'm going to learn something. So I hear you. And I actually I think that focusing on your confidence and risk taking is not going to be a fruitful path.

3:07Now, I'm going to tell you what I think is a fruitful path. I have an option, but there are many, many, many options. So here's my answer for you, my love. Since you've never started a business before, but based on how you're talking about it and how excited you get and, oh my goodness, you have so many ideas and you've been talking about this for years, part of what the challenge is for you, I don't think you have a group of friends or any type of structure to help you actually start a business. It's kind of like thinking, oh my goodness, I really want to learn how to dance or I really want to play a particular sport.

3:41But it feels so overwhelming if you've never actually done it before or if you don't have a bunch of people who are really experienced in that kind of dance or playing that particular sport. It's just all overwhelming. And then so all you do is spend all day thinking like, well, why am I not confident enough to just start or how do I get started? And obviously starting a business is a little different because there are financial implications. There are implications around scarcity and survival and your career and your identity and all these things. So here's my recommendation. Girl, you need some structure and you need a community.

4:11So obviously, I don't know how long you've been kind of engaging with our work, but we have a program called B-School that if it's the right fit for you, you should join the next time it comes around. But even if that's not right for you, we need to get you into an environment and get you some structure so that you can take all these beautiful ideas that you have and start putting them through some tests so that you can validate and understand, well, which of these ideas has the most highest chance for success and which doesn't? How can I dip my toe in the water and start testing ideas even before I want to leave my job?

4:47By the way, one of the things that you might have found out from watching some of our past shows with MarieTV, I'm really not a huge fan for most people of just like quitting their full-time job and starting a business unless they are just so clear internally and externally that this is what they must do. In fact, there's some studies out there that say we're actually 33 % less likely to fail if we keep our full-time job and we start a business on the side. So there's some research to back up the slow and steady approach. But most importantly, I think you need structure and you need community.

5:20It's so much easier to enter a new world when you have other people to talk to, other people that are on the path, that have either done it before or they're doing it now, people that you can connect with and that can share the journey with you. So again, I'll invite you to take a look at B-School whenever that's available next, but there could be local programs that you can find, other opportunities to get yourself around an entrepreneurial environment, and then some type of commitment where you can put some skin in the game, which is why I like B-School, so that you've got a reason to show up, so that you have something that can help you take these beautiful ideas that are in your mind and actually put them into practice and start actually seeing results.

6:03Clarity comes from engagement, not thought, right? Like, is this idea going to work? Well, let's test it. Let's find out. And if it doesn't work, it doesn't mean you're a failure. You're not supposed to be an entrepreneur. It just may mean you had the wrong idea or the wrong market picked out, all kinds of good stuff. but that's my suggestion for you. I don't think you should focus on trying to build your confidence or trying to learn how to take better risks. I think you need to get yourself some structure and a community, and that'll handle 90 % of it. Yeah, I think that's very important, and I've always told that.

6:34Because I live in London, and London is, like, really easy. There are so many different events that I can just attend. people that are actually just much more like into entrepreneurship and business building. And I just, I don't know if it's an excuse or it's just, I can't find time to get, but yeah, I think you're very right that I just need to start talking with different people and this will build a lot and make myself more clear about what's going on around. That's right. And, you know, you mentioned something like, I don't know if it's an excuse, Because one of the ideas I live my life by, if it's important to me, I'll make the time.

7:14If not, I'll make an excuse. And one of the ways that we know what's really important in our lives is actually how we're spending our time. So without judgment or without self-piration, you might want to just take a look at your calendar and say, well, how much time am I devoting to this entrepreneurship thing that I say is so important to me? And if you find that it's little to none besides just talking to yourself about it in your mind, you might want to take a step back and go, huh, is it really that important to me? And if so, I need to start aligning what I say is important with my actions in the real world on a consistent basis.

7:46And by the way, if it's not what you want to do anymore, that's cool too. Entrepreneurship is amazing, but it's not for everyone. What is important is that you know it's important to you and that you're spending your time and your energy every single day in alignment with your dreams. Yeah. Thank you very much. That was so helpful and completely changed the way I see things. And I'm not just saying it just because it's you. Honestly, it's changed completely the way I see things. Good. Thank you very much. You're so welcome. Well, keep us posted and we'll be here for you. We'll be here to support you.

8:19We'd love to hear how it's coming along on your journey. Thank you very much. Thank you. And wish you all the best. Yes. Bye, Raleigh. Bye. Bye. Thank you. Bye. So sweet. I also agree with her because the first thing that when I heard that is I was like, oh, she needs to do some esteemable acts and build her confidence up. So I love that you offered the exact flip side to that because like when I struggle with that personally, I'm like, okay, if I'm feeling lackluster, my confidence is subsided or faded away. Maybe I need to be doing some things that are going to boost it a little bit. But your take on that of surrounding yourself and establishing community and structure is something I've never thought about.

9:01And I'm like, wow, imagine all these ideas floating in my head. If I just had a friend or a community to just throw them out to and hear them back, imagine what could be possible after that. Well, I think what's really cool, and I always go back to fitness analogies because I feel like they're very applicable to almost every area of our life. You can be like, oh, I'm going to do a workout today. And yeah, you can do it from your house. But the moment you put yourself in a group fitness class and there's all these other people around and there's an instructor that's taking you through specific steps, you're like, oh, I can do this.

9:31All of a sudden, rather than doing like a 15-minute kind of shitty workout, you're doing this hour-long thing that, yeah, you might be out of breath, but you're like, oh my God, I did it. So the power of community and the power of surrounding ourselves and having some kind of structure, again, for Raleigh, if you're still listening or even for you, it's like that's why I created B-School because people need something that's step-by-step. Again, if you're not into B-School, cool, but you can find another program that actually teaches you the baselines of business so you understand how to think about it, what you need to test, the things you need to do first, second, third, and fourth to give yourself the highest chances of success.

10:05No one has a business crystal ball, right? No one can predict what's going to work and what's not going to work, but there are timeless principles that if you follow them, you're going to give yourself a much higher success rate than if you don't. I'm so grateful that Relisa called in today. And please remember this. It is 100 % normal to feel both massive excitement and massive overwhelm anytime you start something new. But clarity, structure, and the right support can go such a long way. Your environment, I mean, even a virtual one, given everything we're still going through, has enormous influence over the way that you think, the way that you feel, and the way that you behave on a consistent basis.

10:50And now over time, in aggregate, the people and the places that you choose to give your attention to will make or break your success. Now, if you're like Raleigh and you're dreaming of starting or growing your business bigger than, better than ever before, I've got an invite for you. I want you to come join us for B-School. Now, if you don't know what the hell that is, you can learn more at joinbschool.com. That's joinbschool.com. But here's some quick facts. We have helped now over 64 ,000 people start and grow massively successful businesses. We've been doing this for well over decades. So this is a proven, tested system that will get you results as long as you do the work.

11:32Once again, you can learn more at joinbschool.com. But the most important thing I need you to hear for me today is this. It is time for you to believe in yourself. Look, it doesn't cost you anything to believe in you, but it will cost you everything not to. So stop questioning yourself, stop procrastinating, stop swimming around and all this self-doubt. You don't need it. Just let all that ish go. Because look, let's just be honest, all right? We ain't getting any younger. None of us are. This is your time right now. And if you decide to join us for B-School, we got your back when it comes to the strategy and the tactics and the how-to and the motivation.

12:13We got that for days. But you have to take that first step and you have to start believing in you. Now, until next time, stay on your game and keep going for your dreams because yes, the world really does need that very special gift that only you have. Thank you so much for tuning in today, and I'll see you soon on the Marie Forleo Podcast.

12:39There's an advantage to being underestimated. It makes you scrappy. It makes you creative. And above all, it makes proving the naysayers wrong that much more fun.

12:55it's time to take that grit and determination you have and get the business results you deserve with b-school our legendary six-week online program for hard-working visionaries just like you but hurry enrollment closes soon visit marieforleobschool.com forward slash enroll that's marieforleobschool.com forward slash enroll see you there underdog Thank you.