What makes a lot of people don't have their private business and continue in their career path?

shortage of financial aids ( capital to start)

I beleive because of risk factor and fear of failure, lot of people don't have their private Business and so they are happy working for others.

 

fear from failure and unstable situations

1- External environment (economic - political ..)

2- Culture in the society about the private business

3- Ability to accept risks

4- Financial aspects

I think most people would be a job for the interim stage and are interested to configure special work is the human master himself

I think for : High Risk. High Responsibility.   So they afraid from failure. 

I think these are the most common factors:

-  Not very effective business planning and roadmapping

- financial constraints

- business fear and risk associated. (afraid of failure)

 

Most importantly entrepreneurial frame of mind is the core requisite behind business execution.

 

The Six Habits Of Successful Private Companies

Dear Mr. Fredy Makram Labib

I thank you for this good question it carries lots of thoughts

My own view is that starting your own business is not the easy thing and manily people continues on thier career bath due to some reasons as follow:

1- risk of failure.

2- personality ( not all people can be managers)

3- Economic point of view ( money wise, financial resources)

4- political aspects  at the market of  your new business ( that affect the success and failure of any business )

5- your ability to work for more than60 hours per week with same power in sucess and failure condition.

 

thanks,

Mina

Job security and fear of failure. In a job you enjoy benefits from the employment for example medical, pension, accommodation, etc. These alone can be found a comfort zone therefore a major change will take place should you decide to go on your own path. Money is the greatest concern and unless you are rolling in it you will be exposed to a high risk. This has been associated with stress and anxiety. But the wheel of life may turn in such a way that you just have to start a business. This is my wife's situation presently and am proud to assist her. But with change comes challenges not all are ready to approach these, this should be a step closer to success.

becuase they have not the economic skills and the marketing skills.