The best time to start a new business is right now. If you’ve got a good idea and have always wanted to run your own show, I’d get started on that as soon as possible. Don’t let these excuses get in the way.

• I’m waiting for just the right idea — Your idea is not perfect. Don’t let that discourage you. You’ll have to overcome numerous obstacles to make your venture successful. This just happens to be the first one.
• But there are competitors — There are bound to be a few competitors already doing what you want to do. A couple of them are probably pretty intimidating. Concentrate on doing things better. Build a better mousetrap.
• What about my finances — If you’re in a well paid job, then starting a new business will likely force you to alter your lifestyle. On the other hand, if you’ve been dreaming about being self-employed, either start something or come to terms that you’ll always work for someone else.
• But I’m lacking (insert skills here) — Find business partners and mentors to help you. Plus you’re going to learn as you go. That’s part of the fun.
• Lack of capital — If your dream is to build the next space station, then, well, good luck. Otherwise you’re just going to have to launch your business on the cheap. There are some excellent resources online about the Art of Bootstrapping. Once you get things rolling, you’ll find ways to raise the capital you need. There are some good online resources about that too.

My point is simple. There is no perfect time to make a bold leap. Either go for it or don’t. As my friend Toma would say “Hey, pal, your excuses are your own!”

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