👉👉Fear of been a failure
Fear is one great factor that can easily kill dreams. Failure shouldn't be an obstacle for you to achieve your dream. Alot of billionaire today has once failed in the history of their life. Check out this my article (
https://bitcointalk.org/index.php?topic=5412780.msg60900070#msg60900070) on Rejection, failure and disappointment, its impact on ones achievement... From this you will see that sometimes one needs to fail in life to grow.
Fear of the unknown is the worst thing that one should put in mind in whatever he is doing, because this will deprive you from talking a bold step into investing and it will hinder you from growing. In business fear of being a failure is good and bad. If you have not started the business and you have this fear that the business will fail, it is an opportunity to you to kill that fear by being careful in your decisions and this will also make you to acquire knowledge on the threats that your business will face so that you can be prepared for them. You might also be able to have a strategy on how you will over come those threats.
On the other hand, when you don't see the fear of your business failing as a challenge to take proper precautions, fear will make you never try to take risk on investing and it will discourage you towards achieving your goals.
Failure to embrace risk
To achieve in life, you must learn to embrace risk. Everything in life is risk. Mr Johnson has $2000 and he said to himself. The economy doesn't favour any business and I don't want to lose my money, so let me just keep it in bank . He has forgotten that the bad economy system will also hit the money in his account.
For any businessman to be successful, that person must take risk to invest because he hasn't invested yet but he believes that he can can become successful in his business without knowing about what will happen tomorrow, if the business will favor him. Bit because he has a goal, he just need to invest so that he can see the outcome of his investment. What I understand is that successful businessmen take more risks than the unsuccessful ones, for them to grow.
Lack of self confidence
Some people don't have confidence in themselves. They never believe they can do it alone. Self confidence is highly needed if you want your idea/business to be successful.
In life whatever you are doing, you must have that confidence in you that you can achieve it, if not it wouldn't work out for you because you will be demoralized with the thought of not making it, since you don't believe in yourself.