What Stops people from starting ventures & businesses?

There is a great discussion going on at the Entrepreneur column at orkut about the above question about What Stops People From Starting Ventures and Business?

My thoughts on my blog! :)

I had posted this already:

" If it is one thing it is the the college education.

Unfortunately, schools are preparing us for a job, and not for creating job, from founder of Microsoft to founder of Apple to founder of Ford, noone completed or heard their teachers or if they wud have. they may have been a employee, may be earning a high pay check. But yet, not what they are now.

Schools give us fear, if you dont study you will fail. And 7 outta 10 subjects we study are those which we will never use in real life, and real life strategy? Financial education, managing money, managing people, hello, you are in wrong centuery.

To over come this, we need to break the boundation of this. Killing the Fear. And seeking freedom. Freedom from the life cycle that goes from pay checks to pay checks.

To be an entrepreneur you need to first unlearn a few things that the usual school is teaching you."

After that, I also read an anonymous post dealing about the Indian Soceity. Well, I have to agree to the anonymous post too. Unfortunately, We are still miles away from where people understand the term Home Business, Internet Marketing, or I have yet to see a "true" ISV in India.

While, talent is there, professionalish is lacking. I got a few fan mails after the digit interview over guys about their concern over starting a software business, there is communities at Orkut too for them, but how many of them have done one. How many of them at least started and failed?

Job Security is feeded in the great indian mind, and that makes us 'Lazy'. So satisfied with the Self-employed or Employed part of the Cashflow Quadrant (www.richdad.com) that dont they dare think of Business or Investment side.

One response to the above post was:

" So true!

Also, parents want us to go into something like law, medical field, accountancy, something that makes sense to them and offer a more secure life with a regular income. I guess as a mean to protect us. When I grow up I want to be an entrepreneur is the same as I want to be a model model, pop star, etc... The risk factor not to make it is too high. That's the thought of the parents anyway.

When you have a more adventurous spirit, the parents' chosen careers for you are the anti-thesis of challenge and an exciting life. Rather giving these kids a cord to hang themselves with.lol

However, if someone is an entrepreneur by nature, they will be. I am sure you have seen them at 10 years old, knocking at your door, offering to clean your car for you. They are unstoppable. Allow them to do it, you'll be creating an entrepreneur lol - Gabrielle"

Had a parents ever said, "Go to school, get good grades, so that you can buy a great company" Rightly said, parents should give their children (and I am talking about Indian Parents specifically) to give their kids a cord to hang themselfes.

Agree, getting a 10 year old boy knocking your door, the first business I started was selling toffies at age 7. And the first software I sold was at age 15.

My answer to what stop it is Fear is above the greed for Freedom. Seek Freedom.