A True American Horror Story

When you first start a business, the world will try to instill fear in you. They’ll perpetuate the idea that the greatest danger is that you won’t be successful and won’t end up making any money. In the event that this takes place, you will have wasted time, money, and effort. In an effort to get their small business off the ground, you may end up spending your life savings or going into debt. This may result in significant difficulties for you as well as for your family.

A true American horror story.

The naysayers will hone in on the fact that there’s a high degree of risk associated with startups due to the fact that almost all of them fail; in fact, just approximately one percent of new enterprises survive for more than five years. Startups are volatile and unstable. The remaining 99 percent of startups fail during the first five years, with some failing earlier than others, and the majority of them will never be profitable.

Plus when a firm fails, not only are there financial repercussions, but there are also social repercussions that come along with it. There is a possibility that you will feel embarrassed and lose face in front of your friends, family, and coworkers. You may also have difficulty getting employment in the future if you’re unable to demonstrate that you’re a successful businessperson who has launched and grown a firm on your own.

So many people will fill your head with these fears and try to force you to internalize them.

DON’T DO IT!

You’re better than this small way of thinking. Who cares about the risk when the reward is so great. Don’t you want to achieve a life of financial freedom? Don’t you want to live life on your own terms? Don’t you want to create generational wealth that changes your family’s life once and for all?

Then you cannot let fear rule you. The fact is, yes there are risks that come along with starting a business, but there are risks that come along with ANY decision that you make.

Let me pitch you a different nightmare…you decide to “play it safe.” You commit to a deadened job for the sake of “stability” but in all actuality, you’re making a commitment to being jailed by the societal boundaries. The cost of living continues to rise, but your income does not reflect this. You fall slowly and agonizingly in debt. Further and further and cannot dig yourself out. You go and take a second dead end job, desperately fighting for your life. You’re stuck committing 80 hours per week, nearly half of our life each year, to building someone else’s dream for the next 40 to 50 years. Retirement isn’t even an option at this point.

This is the REAL horror story if you ask me.

Let me ask you, does this sound like the life you want or is this even more frightening that taking the risk and betting on yourself?

Escape the sheep’s mentality and wake up to the reality of the world. Your job, the government, your peers…they’re not going to save you from the nightmare ahead of you. It is up to you to take control and save yourself!

It is not my job to force entrepreneurship on you, but I will say make your decision wisely. There’s a lot at stake for you and your loved ones. Are you doing what it takes to ensure that you’re on the path to true freedom and safety?

I’ll leave you with this, no one is going to hand you money, power or freedom. Ultimately, it is up to you to go out and grab it yourself.

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Written by

Ziad K. Abdelnour, Wall Street financier, trader and author is President & CEO of Blackhawk Partners, Inc., a private family office that backs accomplished operating executives in growing their businesses both organically and through acquisitions and trades physical commodities – mostly oil derivatives – throughout the world.