What's the #1 thing that holds people back from starting a business?

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Half of Americans consider starting a business, but what holds them back?

Did you know that 42% of Americans have considered starting a business. So what held them back? Money! Financial constraints are why many people are reluctant to launch their business idea. If this is why youโ€™ve put off starting a new venture, keep in mind that your business idea may not require a significant investment upfront, and alternative possibilities like loans, grants, and crowdsourcing can help. Other reasons people hesitate to start a business are because they don't know what type of business to start or they don't have enough time. And naturally, many people are held back because theyโ€™re afraid to fail. But failure is a part of the entrepreneurial journey, and overcoming the fear of failure can lead to great success. Follow for more tips on building your business and working smarter.

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