4 Start-Up Myths That I Believe

We believe many myths about life. Many times it is what we believe that holds us back from taking the right next step. Today, I thought I’d write about five myths that, if proven to be untrue, should change how I approach the work that I do on my company. 

Myth 1: You can’t have a one-person self-sustaining start-up.

Response: It would seem odd that you would have a one-person start-up. The advice is to find a good team, a cofounder you can trust, and have many people to go on the journey with you. All of this is excellent advice, but there is no reason why you can’t have lots of people around you and still be a one-person, fully operating company. People would probably expect that you can’t have a full rock band made up of only a drummer and singer who plays all the instruments, but TwentyOne Pilots is doing just fine.

Myth 2: I can’t have it all.

Response: Everything you are asking for is all within reason for you to be able to manage. I’m not really asking for the impossible – just a schedule that fits my family, a business that makes a positive impact in the world around me, and enough of a paycheque that I can support my family, have a few extras and give away enough to make an impact outside of my business also. The truth is, I can have everything I am hoping for here. I know this because I have all of these things are working currently from work that I do outside of my company.

Myth 3: It is likely I will fail.

Response: I may fail. But failure is not final for me. I’ve always seen failure as a chance to learn and improve. So even if it is likely that I will fail (90% of start-ups fail), I have embraced the ability to grow from failure enough to think that I would probably take it as a lesson on where I should go next. And that would be a positive thing. 

Myth 4: My skills are not up to the task.

Response: My skills aren’t up to the task, but the secret weapon that I have is the ability to learn effectively. When I learn, I focus on the practical steps that will be the fruit of my study. I can see from history that by applying myself to practice and investigation, I will soon gain the skills I need.

As with any belief, it won’t be some unrefutable logic that will convince me that this list is a bunch of myths. Changing my mindset will take action. Stepping out in faith that these maxims aren’t always true will cause me to understand that I don’t have to live as if each item is valid. Belief follows action. Action follows emotion. And so, by becoming emotionally invested in the opposite of each of these myths, I can prove each to be untrue.