The biggest barrier to starting a company isn’t ideas, funding or experience. It’s excuses. And you can understand why: Starting a company is scary even in Silicon Valley, a place where decades of ecosystem formation have provided entrepreneurs with soft-feathered nest of funding, mentoring and support. Outside the Valley it’s downright terrifying. It’s little wonder that even the best entrepreneurs go through a period of doubt and excuses not to take the plunge.
So when I hear complaints from entrepreneurs in other areas of the US or in other countries about how they can’t start companies because there is no angel money, no mentors, no employees that will work for a startup, I always wonder how much of these gripes are truly insurmountable odds to new company formation and how much are the grousing of someone looking for someone else to blame. Perhaps someone who likes the idea of starting a company, but doesn’t really want to put in the hours.