Comments on: You Don’t Know “Enough” To Do Whatever It Is You Do!

By: Jonny H

Jonny H — Wed, 17 Feb 2010 04:05:30 +0000

As someone who went bankrupt in real estate because I didn’t know enough about what I was doing, I have to add, “It’s better to regret something you have done than to regret something you haven’t done.”

I learned a lot from my foolish mistakes.

By: The Rabbi

The Rabbi — Tue, 16 Feb 2010 22:25:27 +0000

Debbie,

The woman I was speaking to KNEW enough to be a party planner. She was just too scared to actually take the plunge….

But I agree with you 100%. before you open a business of any kind, you had better have done your homework to make sure you aren’t doomed to fail before you even begin….

By: Debbie Benstein

Debbie Benstein — Tue, 16 Feb 2010 12:18:45 +0000

While I understand the need to sometimes jump into the fray to get experience, you’re looking at this from one point of view only.

Arguably, there are situations where the concern is real and the person really doesn’t have enough information or experience to start a business.

In that case, there are options such as interning, shadowing others and simply learning more before actually putting that business idea into action.

In your example, offering to do an event or two for free may, or may not, be a good idea. If it’s an issue of self-confidence or a perceived lack of experience you may be right. Sometimes just getting started is the most important step.

However, what if the prospective business person really doesn’t know enough? Not charging won’t save the day when the event comes crashing down in metaphorical flames.

Dealing with business fears is always a balancing act. It’s tough to know when you can wing it and when you can’t but knowing that, and sometimes stepping outside your comfort zone, is one element of making smart business choices.